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Pressures hit UPS revenues

: Latest News; Thursday, 23 August 2012

UPS International says slowing international air freight demand and lower parcel handling rates contributed to a 1.6 per cent drop in revenues for supply chain and freight to US$2.28 billion for the first six months of this year. However, the US-based firm said operating profit remained strong, thanks to good management and cost controls.

HKIA sets records - except in cargo

: Latest News; Thursday, 23 August 2012

Hong Kong International Airport (HKIA) set new monthly records for passenger volume and air traffic movements in July, but cargo throughput at 335,000 tonnes was 1.6 per cent overall lower than a year earlier.

HNA to contest Fuzhou market

: Latest News; Thursday, 23 August 2012

HNA Group, China's fourth-largest airline group, has signed a co-operative agreement with the Fuzhou government in Fujian province to make Fuzhou Airlines part of its domestic expansion plans.
The Fuzhou market is dominated by China Southern's subsidiary Xiamen Airlines, which has a market share there of more than 50 per cent.

Chatanooga airport expands

: Latest News; Thursday, 23 August 2012

With air freight soaring at Chattanooga Airport, USA - up by 240 per cent in the first six months of this year compared to the same period in 2011 - officials plan to spend US$2.3 million to expand a cargo ramp on the south end of its main runway.

Qantas to address World Route Forum

: Latest News; Thursday, 23 August 2012

More than 250 airlines are to participate at the 18th World Route Development Forum, which will take place from September 29 to October 2, 2012, hosted by Abu Dhabi Airports Company (ADAC) and supported by official carrier Etihad Airways and Abu Dhabi Tourism & Culture Authority.

Cargo security threats fall at Mumbai

: Latest News; Thursday, 23 August 2012

Security threats at the international cargo terminal at Mumbai airport in India are expected to subside now advanced security measures are in place.

Qantas ceo takes pay cut

: Latest News; Wednesday, 22 August 2012

Australia's Qantas's group ceo Alan Joyce has decided to take a pay cut, which has seen him forgo his short-term and long-term incentive payments for the 2012 financial year.
Qantas has said it will post its first annual loss since privatisation in 1995.

BAA abandons Stansted appeal

: Latest News; Wednesday, 22 August 2012

UK airport operator BAA has abandoned plans to appeal the sale of London's Stansted airport after earlier deciding to challenge a Competition Commission (CC) ruling that forces it to sell the airport. "Having carefully considered the Court of Appeal's recent ruling, BAA has decided not to appeal to the Supreme Court and is now proceeding with the sale of Stansted airport," BAA said.

New player for Philippines airline industry

: Latest News; Wednesday, 22 August 2012

In the Philippines, a new carrier - SkyJet Airlines, owned by Magnum Air (Skyjet) - expects to start operations in Q3 if granted an Air Operator's Certificate (AOC) by the Civil Aviation Authority of the Philippines (CAAP).