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Cochin Shipyard Ltd (CSL) and Cochin Port Trust (CoPT) have entered into a contract under which 42 acres of land will be leased out by CoPT to CSL for setting up an international ship repair facility at Willingdon Island, according to Exim News Service.

The Luxembourg government has, as widely predicted, agreed to buy back the 35 percent stake in Europe¡¯s largest all-cargo airline, Cargolux, that it sold to Qatar Airways last year. The government said in a statement that it would pay the same price¨C$117.5 million¨Cthat it received in the original deal with Qatar Airways.

Tampa Cargo in Colombia has taken delivery of the first of four A330-200 freighter aircraft as part of parent airline AviancaTaca¡¯s fleet renewal strategy.

FedEx reported revenue of $11.1 billion for its second quarter ended Nov. 30, up 5 percent from $10.6 billion for the same period a year ago. Net income was $438 million, down 12 percent from last year¡¯s $497 million. The company says Hurricane Sandy impacted the quarter¡¯s results due to reduced shipment volumes and incremental operating costs.

Air Transport Services Group (ATSG) has agreed to purchase three B757-200 aircraft, modified for combi main-deck cargo and passenger service, from National Air Cargo Group.

Volga-Dnepr Group has started operations in a newly-built hangar constructed by Leipzig/Halle Airport. The lease has been taken by Volga-Dnepr Technic GmbH, the MRO provider which represents Volga-Dnepr Technics in Germany.

Dnata's ground handling teams at London's Heathrow airport have recently commenced provision of passenger services for three daily flights for Air India.

On December 20, 2012 ¨C airBaltic has signed a firm purchase agreement to acquire 10 all-new Bombardier CS300 airliners. The Riga, Latvia-based airline also has purchase rights on a further 10 CS300 aircraft. The purchase agreement represents the conversion to firm orders of a Letter of Intent (LOI) to acquire the aircraft announced at the Farnborough Air Show on July 10, 2012.The LOI also included the purchase rights on the 10 additional CS300 aircraft.

A prestigious award for Lufthansa Cargo: The Global Traveler magazine has hailed the airline as the world¡¯s best cargo carrier. The prize was presented to the company at a gala awards ceremony in Los Angeles last week.

Lufthansa Systems announced that Emirates, one of the world's fastest growing airlines, will continue to use Lido/RouteManual from Lufthansa Systems. The two companies recently extended their agreement for the navigation charts for another five years. Emirates uses the Lido/RouteManual navigation charts as well as the electronic Lido/eRouteManual charts on its flights. The airline also relies on the Lido/Flight, Lido/FMS, Lido/AMDB and myIDTravel solutions.

Czech Airlines plans to open new regular service from Prague to Perm in the Russian Federation at the changeover from the current winter season to the following summer season.The airline plans to operate two return flights a week to Perm, which will be Czech Airlines¡¯ eighth destination and eleventh regular service to the Russian Federation operated from Prague or Karlovy Vary, joining Yekaterinburg, Moscow, Nizhny Novgorod, St. Petersburg, Rostov-on-Don, Samara and Ufa.By harmonising its departure and arrival waves, Czech Airlines offers ideal connections between the new Perm service and the airline¡¯s flights to/from Berlin, Brussels, Budapest, D¨¹sseldorf, Hamburg, Copenhagen, Milan, Munich, Nice, Paris, Rome and Stockholm, with a comfortable transfer in Prague.

Singapore's Changi Airport Group (CAG) says it is increasing its support for the air cargo sector "in the face of continuing headwinds in the air freight business.

Sydney Airport has opened a new 4,500m2 extension of the T2 terminal, just in time for Christmas.

As of today, French low-cost airline Transavia France will be operating two weekly flights from Berlin-Tegel to Nantes. Flights will depart from Tegel every Monday and Friday at 4.25 p.m. and land in France's sixth-largest city at 6.35 p.m. Return flights will depart at 1.45 p.m., landing in Berlin at 3.50 p.m.

Aircraft engine overhaul company, GE Aviation Wales is celebrating 20 years of overhauling engines for British Airways. The company, which is based in Nantgarw, services a range of aircraft engines for the airline, including the CFM56 engine, the GE90 engine and the Rolls-Royce RB211 engine which has been overhauled at the facility for the last two decades.

At its Berlin hub, airberlin is continuing the expansion of its Eastern European range and is adding flights to Bucharest and Sofia to the flight schedule from 28th January 2013. Once a day airberlin starts to the Romanian and Bulgarian capital.

Volga-Dnepr Technics has extended its aircraft maintenance and repair services in the Middle East with the addition of a new wheel and brake maintenance division in Sharjah, UAE.

Emirates announced the selection of Khansaheb Civil Engineering to build the Emirates Engine Overhaul Shop; a 225,000-sq. ft. engine maintenance facility for maintaining the GE90 and GP7200 engines that power Emirates aircraft. Slated to be the most technologically-advanced Engine Overhaul Shop in the region, the facility will service the engines of the Emirates current fleet of nearly 150 Boeing 777s and Airbus 380s, as well as the additional 138 more of these aircraft types on order.

Boeing and FedEx Express, a wholly owned subsidiary of FedEx Corp., today announced an order for four 767 Freighters. The order is part of FedEx's initiative to modernize its fleet.

Emirates has been named Best Business/First Class Airline by readers of Travel Weekly, the travel industry¡¯s leading business publication in the U.S.