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.
DHL hopes Malaysian revenue will double within five years 2010-1-26Newly appointed DHL Express country manager for Malaysia and Brunei David Ng hopes revenue for the company will double over the next five years, Business Times reported.
Jazeera secures $105m plane financing 2010-1-26Kuwait's Jazeera Airways said it has secured US$105 million in financing for three new Airbus A320 aircraft, Reuters reported.
IATA, US agree on aviation security cooperation 2010-1-26The International Air Transport Association (IATA) hosted an historic aviation security summit with the US Department of Homeland Security (DHS), spearheading a new era of industry/government cooperation to improve aviation security around the world.
Gulf Air sells Airbus planes 2010-1-26Bahrain's state-owned carrier Gulf Air has sold two Airbus A340 aircraft to US-based Apollo Aviation Group as part of efforts to realign its fleet to a new strategy focusing on regional routes, Reuters reported.
Boost for Air China 2010-1-25China'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.
BIFA hands out it's prizes 2010-1-25Last week saw the first gongs of 2010 handed out as the British International Freight Association (BIFA) held its annual awards in London.
Korean Air swings into black on cargo demand 2010-1-25Korean Air swung to a net profit in the fourth quarter compared to a year earlier, boosted by an upturn in cargo demand and a stronger won and expects the improvement to continue this year, according to news agencies.
New projects to drive Senai growth 2010-1-25Services (SATS), the operator of Senai International Airport in Johor, expects to be profitable this year, seven years after securing the concession in 2003.
Trade issues stall China St Louis air cargo plan 2010-1-25Chinese officials are serious about launching air cargo flights to St Louis, though thorny trade issues may pose a barrier, Senator Christopher Bond said.
National Air Cargo to expand in Asia 2010-1-22National Air Cargo is expanding its presence in Asia as the specialist logistics and air freight forwarder looks to further diversify.
