Tag: air freight


  • HAL forms JV with Irkut Corp

    Hindustan Aeronautics Limited hasentered into a $700 million joint ventureagreement with Irkut Corporationof Russia for manufacturing 60 tonnemulti role transport aircraft (MRTA)the Economic Times reported. Under this 50:50 venture, IlyushinDesign Bureau of Russia will design theMRTA and......

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  • FedEx acquires ANC Holdings

    FedEx Corp has acquiredANC Holdings, a UK domesticexpress transportationcompany, for £120 million,enabling FedEx Express todirectly serve the entire UKdomestic market. ANC offers a comprehensiverange of distributionand logistics services with anestablished pick-up and deliverynetwork across the UK. Founded......

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  • Munich Airport

    Munich Airport said it is planningto build a new logistics centre thisyear. The construction of a 15,000 sq.mfacility for forwarding agents is slatedto begin in either March or April withcompletion set for the end of 2007....

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  • 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......

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  • THAILAND: Bangkok airport’s taxiways show cracks

    Airports of Thailand, the operatorof the US$4.1 billion Bangkok airportthat was opened four months ago, saidthe taxiway of its airport in the capitalis cracked and needs repairing. The cracks don’t affect the safety offlight operations at the......

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  • CHINA: WFS in talks about handling contract Global cargo handler

    CHINA: WFS in talks about handling contract Global cargo handler

    WorldwideFlight Services (WFS) is in advancednegotiations with China Eastern aboutproviding management expertise fortheir handling operations in China,according to its president and chiefexecutive, Olivier Bijaoui. "They and their China Cargo subsidiaryare already a large customer forus in Europe,"......

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  • Japan Post transfers fail on system glitch

    Japan Post last month said that some10,000 automatic withdrawals frompostal savings accounts failed over fourbusiness days due to a computer systemglitch, Kyodo News reported. The troubleemerged as Japan Post made some modifications to its computer systemto prevent......

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  • How a liberalised mail market works

    What does a liberalised mail marketlook like? What might an Asian countryexpect if it allowed competitors to itsnational post office? For an answer, one might look at theUK, which is one of the most liberalisedmarkets in the......

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  • American Airlines Cargo

    American Airlines Cargo

    Mark Najarian, vice president ofglobal cargo sales and marketing atAmerican Airlines Cargo, has replacedKevin Diamonti as vice president ofcargo operations. Diamonti led thecargo operations team since 2001, andhas been selected to run American’scorporate safety programme.Najarian will be......

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  • DHL bags Saudi Aramco’s contract

    DHL Supply Chain, the logisticsspecialist at Deutsche Post World Net,has concluded a 10-year multi-milliondollarcontract with the world’s numberone crude oil producer, Saudi Aramco.DHL has been contracted to developthe oil giant’s national logistics infrastructure.This includes the provision,management and......

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