• HONG KONG: Forwarders can now operate privately in China

    Hong Kong and Macau based airfreightforwarders have been givenapproval to set up jointly-owned orprivately-run businesses on mainlandChina since the end of January, accordingto Logistics Week, citing the ChinaAir Transport Association (CATA). CATA, which is responsible forexamining applications, said over...... Read More
  • Aviapartner wins ramp license at Nice Airport

    Brussels-based European groundhandler, Aviapartner, said it has obtainedan extension of its handlinglicence at Nice Côte d’Azur Airport,for a period of seven years (starting 1January 2007), within the frameworkof a tender process launched in June2006. Aviapartner has been granted afull...... Read More
  • General Atlantic withdraws from EGL deal

    General Atlantic has pulled out of a proposed equity purchase deal with EGL due to an expected shortfall in EGL’s fourth quarter 2006 results. General Atlantic has withdrawn as an equity sponsor from the offer made to acquire all...... Read More
  • The Lufthansa Group

    The Lufthansa Group reported preliminary full-year financial results and said it expects full-year earnings attributable to shareholders to soar nearly 77 percent to 800 million euros (US$1.05 billion) from the 453 million euros net profit posted in 2005. Detailed...... Read More
  • SINGAPORE: Changi Airport, Tata ink joint venture

    Singapore’s Changi Airports andIndia’s conglomerate Tata Group haveset up a joint venture to bid for contractsto run the fast-growing airportsin Kolkata and Chennai. Changi Airports International, astate-owned airport developer, said ina statement that Tata would hold 51percent of the...... Read More
  • WFS looks for opportunities in Asia

    Following the opening of its jointventure, Bangkok Freight Services(BFS) at the new international airportin Bangkok in October 2006, WFS islooking for opportunities in new marketssuch as China and other large aircargo hubs in Asia. According to WFS president OlivierBijaoui,...... Read More
  • Black & Decker inks deal with K+N Thailand

    Kuehne + Nagel in Thailand has been awarded a three-year contract by Black & Decker (Thailand) Ltd. Under the new agreement, K+N is responsible for the receipt of inbound shipments, warehousing and national distribution. In addition, a wide range...... Read More
  • Thai Airways

    Thai Airways said it will buy eight A330-200s to cover a shortfall in capacity resulting from the A380 delays. The airline will receive its A380s in 2011 instead of 2009.... Read More
  • SINGAPORE: Jett8 Airlines Cargo to launch service in Q2

    Jett8 Airlines Cargo, Singapore’sfirst all cargo airline, is to launchoperations in the second quarter of2007 with a fleet of five Boeing 747-200 freighters. Aside from services to Hong Kong,Indonesia, Dubai and United Kingdomduring the first year of operation, theairline...... Read More