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  Pharma shippers slam air freight sector   2010-3-17

Shippers have accused the air freight forwarding sector of poor service during a heated debate on high-value pharmaceutical shipments at Iata's World Cargo Symposium in Vancouver.


  Cathay eyes better capacity management   2010-3-17

Cathay Pacific Airways expects to increase its cargo profits through improved forecasting and capacity management using new software.


  Cargo boosts China Airline's revenue in first two months   2010-3-17

Taiwan's airlines and shipping lines registered conspicuous revenue growths in the first two months of this year, reported Taiwan Economic News.


  San Miguel eyes Philippine airport project   2010-3-17

Philippine food-to-infrastructure conglomerate San Miguel Corp will take a majority interest in an airport upgrade project and commercial venture worth up to US$275 million, reported Reuters.


  Macquarie, HK Aviation circling AIG aircraft    2010-3-17

As the global plan-leasing market continues to suffer from the financial crisis, it¡¯s understood that Macquarie Group and Hong Kong Aviation Company will try to acquire the US$3.5 billion aircraft portfolio being offloaded by American International Group, reported Australian Financial Review.




  PM intervenes in planned BA cabin crew strike    2010-3-16

Gordon Brown has intervened personally in the British Airways industrial dispute in an attempt to avert a walkout by 12,000 cabin crew next weekend.


  Khazanah sells 7.7% stake in Malaysia Airports    2010-3-16

Malaysia's state-owned investment firm Khazanah Nasional has divested 85.2 million shares or a 7.7 percent stake in Malaysia Airports Holdings Bhd via placement to institutional investors for US$117.5 million, reported Dow Jones Newswires.


  Air China to raise about $1b by private placement   2010-3-16

Chinese flag carrier Air China it plans to raise around US$952 million through private placements to replenish working capital, reported Dow Jones Newswires.


  Thai Airways to issue one billion shares   2010-3-16

Thai Airways International has approved a plan to sell up to one billion new shares, bringing it a step closer to completing its recapitalisation plan that is aimed at improving the flag carrier's financial health, reported Dow Jones Newswires..


  SAS in cost cut deal with pilots, crew    2010-3-16

SAS has struck a deal with pilots and cabin crew to freeze salaries and reduce pensions and allowances under a cost-cutting plan to return the Scandinavian airline to profit, reported Reuters.




  Shippers won't take blame for air freight firms' woes   2010-3-15

Shippers are "unmoved" and "incredulous" over suggestions that they might be to blame for the financial problems that many air freight companies have faced over the past year, according to research by The Shippers' Voice web forum.


  Good month for Cathay and Dragonair   2010-3-15

Cargo carried in February by sister carriers Cathay Pacific and Dragonair was up 18.7% on last year.


  Another new IL-76 for Volga-Dnepr   2010-3-15

Volga-Dnepr Airlines is to take delivery of a third new-generation IL-76 freighter next month, taking the group's investment in the modernised aircraft to more than US$90 million.


  Sydney voted Australia's worst airport again   2010-3-15

The Australia Competition and Consumer Commission (ACCC) has slammed Sydney Airport's performance, as the nation's premier gateway was labelled Australia's worst major airport for the fourth consecutive year, the Australian reported.


  Qantas Freight joins Cargo2000   2010-3-15

Qantas Freight has announced it would join Cargo 2000 as an associate member allowing it to fully align its processes and reporting with the strict requirements of the Cargo 2000 system ¨C progression to full membership is expected within 12~18 months.




  Industry will fail to meet US air cargo screening deadline   2010-3-12

The air freight industry may require a further two years to comply with new US security rules due to come into effect in August, the agency charged with implementing them has admitted.


  BA cabin crews set to strike   2010-3-12

Talks aimed at averting a strike by British Airways cabin crew broke down last night after efforts to reach a compromise deal ended in failure


  China Eastern takes control of Great Wall   2010-3-12

Competition for the booming Shanghai cargo market intensified today as China Eastern took over a controlling share of Great Wall Airlines.


  BA,AA,Iberia alliance moves closer   2010-3-12

European antitrust regulators took a step this week toward approving an expanded alliance of British Airways (BA), American Airlines and Iberia after the airlines offered to give up landing and takeoff slots at airports in London and New York, the International Herald Tribune reported.


  Recovery has IATA slashing loss forecast   2010-3-12

The International Air Transport Association (IATA) halved its loss forecast for 2010 to US$2.8 billion compared to the $5.6 billion loss forecast in December 2009.



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