Asia-Europe space tight in Chinese New Year run in 2010-2-1Shippers and forwarders are still struggling to get cargo out of China before factories shut down for Chinese New Year, according to one industry report.
Cargoitalia joins Haiti aid effort 2010-2-1Italy's all-cargo carrier, Cargoitalia, has joined the list of airlines that have stepped in to help the relief airlift for Haiti.
Dispute over Indonesia's aircraft leasing tax 2010-2-1Indonesia's transport and finance ministries are at odds over a new tax on aircraft leasing that could push up freight costs to destinations in Indonesia.
Aviance fined for health and safety breach 2010-2-1UK ground handler Aviance was yesterday fined £90,000 (US$145,000) as a result of an incident in 2008 when a man was crushed to death under a vehicle at Heathrow Airport.
Garuda to raise funds through public offering 2010-1-29Garuda Indonesia will make up to 25% of its shares available in an initial public offering scheduled for the second quarter of this year.
Russia to tighten grip over Aeroflot 2010-1-29Russia is planning to tighten its grip on flagship airline Aeroflot by taking control of a 25.8 percent stake owned by tycoon Alexander Lebedev, ridding the carrier of a major independent shareholder, Reuters reported.
Incheon cargo up 20% fourth quarter 2009 2010-1-29International cargo volume at Incheon International Airport in South Korea has increased by 20 percent in the fourth quarter in comparison to the previous year, a positive indicator for the economy, the Manila Bulletin reported.
Boeing expects a lean 2010 2010-1-29US aircraft maker Boeing produced estimate-beating fourth-quarter results but sounded the alarm on 2010 revenues, factoring in sluggish demand and reduced military spending, the Financial Times reported.
2009 air traffic sees largest post-war fall 2010-1-29The International Air Transport Association (IATA) reported December and full-year 2009 demand statistics for international scheduled air traffic that showed the industry ending 2009 with the largest ever post-war decline.
Vatry gets Istanbul freighter connection 2010-1-28Libyan freighter airline Madina Air Cargo is expanding its services to and from Paris-Vatry Airport, adding twice-weekly Istanbul flights.
Ethiopian crash caused by storm 2010-1-28Bad weather appears to be the likely cause of the crash of the Ethiopian Airlines aircraft on Monday, according to Lebanon's Defence Minister Elias Murr.
2009 the worst ever year for air freight 2010-1-28Air freight volumes experienced a 10.1% decline in 2009 - their worst since records began - according to full-year figures published today by Iata.
Boeing expects higher demand in Korea 2010-1-28Boeing Korea, the South Korean unit of Boeing Co (BA), expects South Korean airlines will place orders for new aircraft depending on the economic recovery in the next several years, Dow Jones reported.
Airbus signs MoU with Chinese leasing company 2010-1-28Europe's biggest plane maker Airbus and CDB Leasing Corporation (CLC), one of China's leading leasing companies, signed a Memorandum of Understanding on cooperation in aircraft financing and leasing. Xinhua reported.
Boost for Air China 2010-1-27China's government has approved a Rmb1.5bn (US$220m) capital injection into national carrier Air China. The decision is expected to move the proposed air cargo joint-venture with Cathay Pacific Airways a step closer by boosting Air China's working capital.
Southend airport runway to be extended 2010-1-27The Stobart group, one of the UK's largest hauliers and emerging multimodal transport conglomerate, has had its application to extend the runway at Southend Airport recommended for approval.
ABC signs European road feeder deal with Wallenborn 2010-1-27AirBridgeCargo Airlines (ABC) has awarded Wallenborn Group a contract for its Europe-wide road feeder services.
Asian air freight rates increase by 29% from October to December 2010-1-27A new report by consultant Drewry has revealed that air freight rates out of Asia increased by 29% between October and December.
Wallenborn Group gets Europe-wide contract from AirBridgeCargo 2010-1-27The Wallenborn Group is set to provide a full distribution package out of the six hubs AirBridgeCargo (ABC) serves with Boeing 747-400 freighter services in Europe.
'Boxlines have got the message at last' 2010-1-26Super-slow-steaming strategies and idle vessels are evidence that boxship operators are finally learning how to manage capacity, claimed Jorn Hinge, president and CEO of United Arab Shipping Company (UASC) last week.
