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SIA to Haneda next year

: Latest News; Friday, 13 November 2009

Singapore Airlines (SIA) says it will commence twice-daily flights between its Singapore base and Tokyo's Haneda airport, Japan in October 2010.

Emirates mulls buying more A380s

: Latest News; Friday, 13 November 2009

Emirates airline is considering increasing orders for the Airbus A380 despite delivery delays on existing numbers.

IT products boost Sth Korea’s freight totals

: Latest News; Friday, 13 November 2009

IT product exports are driving South Korea's air freight to new highs, according to local air carriers.

BAWC offers SME award

: Latest News; Friday, 13 November 2009

UK carrier British Airways World Cargo has launched an award for the UK’s small and medium enterprises (SMEs) that gives 100 of them the chance to win a Business Opportunity Grant.

BMI bosses say they’ll live

: Latest News; Friday, 13 November 2009

Bosses at British Midland (BMI) say they are confident the carrier will survive despite a GBP155m loss last year and an auditor’s warning that it needs GBP190 million of added funding by October 2010.

LaHood invites ‘suffering’ industry to forum

: Latest News; Friday, 13 November 2009

The USA Transportation secretary, Ray LaHood, is hosting a forum to discuss the state of the airline industry and ways government can help provide economic stability for air carriers. The meet comes at a time when the country’s Air Transport Association, which represents major carriers, says airlines currently are flying fewer seat kilometres than they have in a decade, have shed more than 130,000 jobs (since 2000) and lost an estimated US$33 billion in the same period.

American, TPG to partner?

: Latest News; Friday, 13 November 2009

USA carrier American Airlines and private equity firm TPG may invest at least US$300 million in Japan’s struggling Japan Airlines, an unconfirmed media report from Bloomberg says. TPG helped Continental Airlines back to profitability a few years ago, and so has experience in the sector.

Nippon Yusen seeking US$1.6 billion

: Latest News; Friday, 13 November 2009

Japanese shipping company Nippon Yusen wants to raise up to US$1.6 billion through a public share offering to speed its restructuring and to buy new ships after a global shipping slump and airfreight losses drove it to a first-half loss of JPY29.3 billion.