Japan Airlines (JAL) and a state-backed corporate turnaround body have withdrawn a plan to appoint Masaru Onishi, head of a JAL subsidiary, as the airline's chief operating officer after incoming JAL chief executive officer Kazuo Inamori expressed his intention to pick another candidate, according to sources close to the matter, Dow Jones reported.
Air China said its state parent has obtained US$220 million cash injection from the government to fund the carrier's purchase of a stake in its cargo venture with the parent of Beijing Capital International Airport, Reuters reported.
Air cargo carriers are seeing demand returning for binding capacity agreements, following the strong end to 2009, and signs that capacity on some lanes will be tighter than last year.
UK imports and exports could be disrupted this weekend due to the migration of customs software to a new platform, according to Agency Sector Management (ASM).
FedEx will be launching its first Boeing 777 freighter service in Shanghai soon, according to the Associated Press.
Schkeuditz ¨C AeroLogic, the joint venture cargo airline of DHL Express and Lufthansa Cargo, is expanding its network, following delivery of two additional aircraft last month.
Japan Airlines has procured US$1.59 billion in funds remaining from a credit line provided by the state-owned Development Bank of Japan.
Schenker has become the first company to attain the ISO's 28000:2007 certification covering supply chain security.
NVOCC and freight forwarding network Famous Pacific Shipping (FPS) is hoping to expand its membership this year, following membership growth last year.
The Geodis group has acquired the logistics'business of French transport firm Chevallier as it looks to expand in the beverage sector.
The Enfield branch of logistics firm Tradeteam has become the first drinks distributor to be awarded silver status under Transport for London's Freight Operator Recognition Scheme (FORS).
Air India is to convert its Alliance Air unit into a cargo airline, and is expected to transfer its assets to the newly formed Air Alliance Services, one of Air India's strategic business units, Dow Jones reported.
Confidence among exporters has taken its biggest leap since the September 11, 2001 terrorist attacks as sales abroad continue to chug higher amid the rebound in the global economy, the National Post reported.
Vietnam Airlines has said it will start direct air services between Hanoi and Osaka Wednesday, a day after Japan Airlines stopped services on the route, Dow Jones reported.
Air freight group and newspaper distributor Menzies says its results for 2009 will be ahead of expectations, while it continues to cut its debt pile, the Scotsman reported.
Following the start of its scheduled operations in September 2009, Cargoitalia is adding two new destinations to its network.
Thailand's privately owned Bangkok Airways plans to increase flights on its Bangkok-Rangoon route to 11 per week from seven currently by the end of this month, Dow Jones reported.
December volumes carried by the Air France KLM group remained down 8.5% year-on-year, despite strong demand out of Asia.
Shares in Japan Airlines (JAL) dropped a further 14% today as expectations mounted that the airline will file for bankruptcy as part of its restructuring.
National Air Cargo (NAC) founder Chris Alf has resumed control of the company after a US district court dismissed charges that he knowingly defrauded the US government.