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'Some optimism' on global industry

: Latest News; Wednesday, 11 January 2012

Europe is on the international watch list despite a global factory index compiled by JP Morgan showing unexpected growth in December, led by better US performance. The economic woes hitting Italy and Greece in particular are causing concern.

Hong Kong Air plans IPO

: Latest News; Wednesday, 11 January 2012

HNA Group's Hong Kong Airlines plans to raise HK$300 million through an initial public offering (IPO) in Q3 2012, delayed from its original Q2 time frame.

9/11 fallout continues

: Latest News; Wednesday, 11 January 2012

US securities firm Cantor Fitzgerald, which lost more than 650 employees in the 9/11 terrorist attacks on the New York World Trade Centre in 2001, has asked a bankruptcy judge to okay a continuation of its lawsuit against American Airlines.

Lufthansa biofuel test on Atlantic

: Latest News; Wednesday, 11 January 2012

After a six-month using biosynthetic fuel on one of its domestic routes, Germany's Lufthansa has scheduled a transatlantic flight to the United States on 12 January 2012.

Emirates to Ho Chi Minh

: Latest News; Tuesday, 10 January 2012

UAE-based Emirates airline is to introduce direct flights from Dubai to Ho Chi Minh City, Vietnam from June 4 this year using a mix of A330-200 and B777-300ER planes.

Schenker to Inner Mongolia

: Latest News; Tuesday, 10 January 2012

Logistics major DB Schenker has opened its first branch office in Hohhot, the capital of the Inner Mongolian Autonomous Region.

US considers EU ETS options

: Latest News; Monday, 09 January 2012

The US government is considering charging European airlines for access to its market as it mulls possible retaliation options to the EU Emissions Trading System (EU ETS) that requires all airlines flying to, from or within Europe to pay a tax on carbon emissions.