• TNT chief denies take-over bids

    Peter Bakker, the chiefexecutive of Dutch mail companyTNT, said the companyhad not been approached byany potential buyers. However,he does not rule out afuture bid, the BirminghamPost reported. Speaking during a recentvisit to the US, Bakker saidprivate equity companiescould consider...... Read More
  • MIDDLE EAST: Gulf Air Cargo mulls Amsterdam

    Gulf Air Cargo is to operate a twicea week charter flight on the Bahrain-Chennai-Bangalore-Amsterdam sector.In a statement, the airline said that itwould operate an Airbus A-300 aircrafthaving a capacity of 40 tonnes on thenew route. "Initially, the new route...... Read More
  • Swissport International

    The president & CEO of SwissportInternational, Joseph In Albion hasdecided to leave the company to takeon a new professional challenge.In Albion, who remains a memberof Swissport International’s board ofdirectors, will be succeeded by SantiagoOlivares, who is currently director ofthe...... Read More
  • DHL to employ wi-fi systems

    DHL said it is adopting thelatest "new generation" scanningtechnology, deployinga single system across theentire DHL US networkto prov ide enhanc e dshipment visibility for DHLcustomers. The new scanning devices,used to capture shipmentinformation by couriers andother operations personneland utilising a...... Read More
  • SRI LANKA: Lanka to decide on air ties with Emirates

    A four-member board, appointedby Sri Lankan President MahindaRajapaksa, has recommended thatthere be "effective" accountability andtransparency in the maintenance andoperation of SriLankan Airlines in theevent of the lease being extended tothe Emirates, according to sources. The board was formed to...... Read More
  • PUG launches manifesto for Europe

    The Postal Users’ Group (PUG) hasrepublished its manifesto on the futureof the EU mailing services market. TheManifesto sets out PUG’s vision for thefuture of the European mailing market– a vision based on principles of partnership,growth and innovation. PUG, an...... Read More
  • INDIA: FDI in domestic carriers may soar

    The Indian government is consideringa proposal to increase the foreigndirect investment (FDI) limit in scheduleddomestic carriers to 74 percentfrom 49 percent, the Economic Timesreported. The idea is being mootedto increase the funding options fordomestic airlines, which have drawnup huge...... Read More