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Hobart Airport to establish air services centre

: Latest News; Monday, 15 August 2011

Australia's Hobart Airport in Tasmania believes its financial future is best served by establishing itself as an airline service centre.

Heavylift’s new era on PNG run

: Latest News; Saturday, 13 August 2011

HeavyLift Cargo Airlines is seeking to win back its key player status on the Australia-PNG route, a hard-won reputation subsequently jeopardised by enforced fleet changes. It has applied to the International Air Services Commission for the renewal of an earlier cargo allocation decision for the varied capacity of 22.5 tonnes weekly.

New Caledonian air problems

: Latest News; Friday, 12 August 2011

New Caledonia’s domestic aviation situation remains volatile, despite earlier indications that an airport blockade would be lifted as mediation talks got under way. While the issue has been portrayed internationally as a protest against Air Calédonie fares, it is only partly that.

Spanish airport strikes averted

: Latest News; Thursday, 11 August 2011

Just hours after two strikes at Spanish airports were confirmed for August 18 and 26, a turnaround by the private baggage handling company at the heart of the dispute has seen the two 24-hour stoppages averted.

Delta buys Aeromexico stake

: Latest News; Thursday, 11 August 2011

US carrier Delta Air Lines is buying a 3.5 per cent equity stake in Mexican airline Aeromexico for about US$65 million.

Frankfurt posts July record

: Latest News; Thursday, 11 August 2011

Germany's Frankfurt Airport has reported an air transport record for July after it welcomed 5,558,580 passengers, nearly 300,000 more than the previous record in July a year ago. Airfreight also rose in July by 0.3 per cent to 189,000 metric tons year-on-year.

Cargojet Q2 profits hit by forex and lower yields

: Latest News; Thursday, 11 August 2011

Canada's Cargojet says second-quarter profits dropped to C$1.4 million after it was impacted by losses due to foreign exchange and also suffered lower yields, although revenues increased nine per cent to C$41.2 million from C$37.8 million.

Virgin Atlantic back to profit

: Latest News; Thursday, 11 August 2011

UK carrier Virgin Atlantic has reported a full-year pre-tax profit of GBP18.5 million in the year to March, compared to a loss of GBP132 million in the same period a year ago.