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2800 jobs to go at Qantas

: Latest News; Thursday, 09 August 2012

Australia's Qantas says 2800 jobs will be cut from its Transport Workers Union membership after Fair Work Australia gave the airline a significant say in how its workforce should be managed.

American faces record safety fines

: Latest News; Thursday, 09 August 2012

AMR's American Airlines is in the firing line for the largest penalties ever pursued by the US Federal Aviation Administration for safety violations, a bankruptcy court filing claims.

SAS Q2 profit down 42pc

: Latest News; Thursday, 09 August 2012

Scandinavian carrier SAS has reported a worse-than-expected 42 per cent drop in Q2 net profit, mainly blaming jet fuel costs for the result.

Wickes helps put Stansted on cargo map

: Latest News; Thursday, 09 August 2012

Heavy freight from the UK for the oil and gas industry in Azerbaijan is to be shipped out of London Stansted through a deal with Wickes Air Services, which has won a contract to provide station management for Azerbaijan-based Silk Way West Airlines.

Cargo slump hits Cathay result

: Latest News; Thursday, 09 August 2012

Hong Kong-based Cathay Pacific Airways has posted its worst first-half loss since 2003, blaming high fuel costs, weak cargo demand and fewer premium passengers for a net loss of HK$935 million for the six months to end June.

Passenger traffic better, but Air France group cargo falls

: Latest News; Thursday, 09 August 2012

Air France-KLM's cargo traffic dropped 5.5 per cent year-over-year in July on a capacity cut of 1.6 per cent and a load factor fall of 2.5 per cent.

Virgin Aust thanked for contribution

: Latest News; Thursday, 09 August 2012

Virgin Atlantic Cargo says partner revenue - including from Virgin Australia - has contributed to a seven per cent 2011-2012 financial year growth, taking totals to GBP239.6 million.

IATA calls for 'global' ETS

: Latest News; Thursday, 09 August 2012

The International Air Transport Association (IATA) says the EU's emissions trading system (EU ETS tax) would face less criticism if it was implemented through global agreement.