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- 26 May 2010
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China's central government has intensified its pressure on Air China, China Eastern Airlines and China Southern Airlines to merge their cargo operations to compete with foreign carriers who dominate the market, the South China Morning Post reported, citing sources close to the ...
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- 26 May 2010
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Aiming to capture a growing slice of the €3 billion outsourced Service Logistics market in Asia Pacific, DHL Supply Chain has announced plans to invest €50 million over the next five years to grow its Technical Services offering, part of its overall Service Logistics solution. ...
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- 26 May 2010
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The volcanic ash cloud that grounded flights around the world for six days last month had a minimal impact on growth at Dubai International as April cargo and passenger numbers rose 19.6 and 13.9 per cent respectively, year-on-year. The airport handled 178,357 tonnes of cargo in ...
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- 26 May 2010
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Emirates and DHL have signed a Memorandum of Understanding (MOU) to establish a strategic security partnership to enhance air cargo security in the region. Through this partnership, Emirates Group Security and DHL Express will strengthen their collaboration in air cargo security, ...
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- 26 May 2010
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The UK's new coalition government indicated last week that it will cancel plans for a third runway at London Heathrow and refuse additional runways at Gatwick and Stansted, stating that it is committed "to implement a full programme of measures to fulfil our joint ambitions for ...
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- 26 May 2010
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The Air Transport Association of America (ATA) reported that passenger revenue, based on a sample group of carriers, rose 12.5 per cent in April 2010 versus the same month in 2009, marking the fourth consecutive month of revenue growth. “The April jump in passenger revenue is ...
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- 26 May 2010
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Singapore Airlines (SIA) has said its fourth quarter net profit soared more than six-fold as the global economic rebound boosted travel and cargo demand. Net profit in the three months to March was S$278 million (US$197.5 million), up from $42 million in the same quarter the year ...
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- 26 May 2010
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Swire Pacific Limited and its Cathay Pacific Airways subsidiary have announced an agreement to sell their entire interests, 19.998 and 10 per cent respectively, in Hong Kong Air Cargo Terminals Limited (HACTL) and HACTL Investment Holdings Limited (HIHL). The interests in HACTL ...
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- 21 May 2010
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The Air France-KLM group reported this week its biggest loss since the merger of the two carriers in 2004 with a loss of of €1.56 billion for the full-year ended 31 March, up from a loss of €814 million a year earlier. Revenue fell 15 per cent year-on-year to €21 billion. The ...
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- 21 May 2010
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Kuwait-based global logistics company, Agility has reported a drop in first quarter net profit by 52 per cent from a year ago to KD17.5 million (US$60.1 million) and warned future earnings will suffer from the loss of US military contracts in the wake of fraud charges. Revenues ...
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