global economy
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Houston’s IAH holds strong
Houston’s Bush Intercontinental Airport (IAH) is ‘Texas tough’ even in the recent downward global economy. Despite the pullback in worldwide carrier service, Luis G. Aviles, senior marketing specialist for the Houston Airport System (HAS), comments that 2009 has been an excellent year for IAH.
01 November 2009
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UPS sees net profit halved in Q2 from last year
UPS saw its net profit fall 49 per cent in the second quarter, to US$445 million with the company saying it expects the weak global economy to remain just as weak in the coming months. “The business environment in the third quarter should be simil…
01 August 2009
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UPS CEO warns against protectionism
Fresh from announcing a 56 per cent plummet in first quarter earnings, UPS CEO Scott Davis warned that protectionist moves would seriously danger the fragile global economy. “UPS will emerge from these difficult times as a more efficient and finel…
01 June 2009
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Q1 profit for Agility amid declining logistics market
Kuwait-based Agility has reported a 16.4 per cent rise in net profit for the first quarter 2009 over the same period last year despite the slowdown affecting the global economy. Net profit before non-recurring items was KD39.2 million (US$134.8 milli…
06 May 2009
