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Deutsche profit rises

: Latest News; Friday, 14 May 2010

Germany-based Deutsche Post DHL says underlying profit (EBIT) rose 81.4 per cent to EUR566 million in the first quarter of this year on sales that were up 4.4 per cent at EUR12 billion.

PPG appoints China member

: Latest News; Friday, 14 May 2010

Heavy-lift freight forwarding network the Project Professionals Group has appointed China's air freight wholesaler Air Cargo Group as a Project Support Member.

Cathay resumes cargo terminal work

: Latest News; Friday, 14 May 2010

Hong Kong-based Cathay Pacific has resumed development of its US$707 million air cargo terminal after a two year break because of the economic downturn.

LAN inks Aeroasis deal

: Latest News; Friday, 14 May 2010

Latin America's LAN Airlines and its subsidiaries say they have an agreement with Colombian airline Aeroasis to provide it with technical support and a service consultancy.

UK government ditches airports expansion plans

: Latest News; Friday, 14 May 2010

The UK's new Conservative-Lib Dem (Colide) coalition government is to scrap any third runway at London's Heathrow Airport, ditch expansion there including a sixth terminal and rule out any extra runways at Stansted and Gatwick airports.

Shippers warned on ex-Asia rates

: Latest News; Friday, 14 May 2010

Shippers have been warned air freight rates out of Asia may not drop in the short term.

Emirates adds Iraq run

: Latest News; Thursday, 13 May 2010

UAE-based Emirates is to launch services to Baghdad from July 1 this year.

Ash drags FRA down 17pc

: Latest News; Thursday, 13 May 2010

The volcanic ash from Iceland's Eyjafjallajokull glacier caused a five-day break in April's flight operations at Frankfurt Airport (FRA).

German freight up 30pc

: Latest News; Thursday, 13 May 2010

Germany's Federal Statistics Office says air-freight volume has shown record growth this year, rising 30 per cent compared to the first three months of 2009.