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No survivors in Indonesian crash

: Latest News; Thursday, 06 August 2009

Rescuers who reached the wreckage of a plane that crashed into a remote Indonesian jungle report all 16 people aboard died in the accident.

Atlas posts better results

: Latest News; Thursday, 06 August 2009

Atlas Air Worldwide Holdings has posted improved results for the second quarter of 2009, with net income of US$11.3 million on pre-tax earnings of US$17.8 million and revenues of US$240 million.

BA posts 1pc traffic gain

: Latest News; Thursday, 06 August 2009

UK carrier British Airways says total traffic for the month of July was up one per cent, capacity was down 2.7 per cent from a year ago and passenger load factor was up 3.1 per cent compared to last year.

Two-year price-freeze for Airservices Aust

: Latest News; Thursday, 06 August 2009

Airservices Australia says it will freeze prices for two years until mid-2011, representing a reduction in real terms of between seven and eight per cent.

Panalpina profit slumps 78pc

: Latest News; Thursday, 06 August 2009

Swiss logistics group Panalpina has reported a 78 per cent drop in first-half net profit to EUR16.9 million and says it does not expect to see any improvement in the second half of this year.

Hedging helps Cathay back into black

: Latest News; Thursday, 06 August 2009

Hong Kong-based Cathay Pacific returned to profit in the first half of the year thanks to a US$271 million fuel-hedging gain. It posted net income of HK$812 million for the year to end June.

United airfreight traffic ‘best since November’

: Latest News; Thursday, 06 August 2009

US carrier United Airlines' airfreight tonnage grew five per cent in July compared to the previous month, June 2009.

Circumference sells Radius

: Latest News; Thursday, 06 August 2009

USA-based Circumference America has sold its intermodal division Radius Rail Logistics and consolidated its operations. Its Vertex brand will now offer air freight forwarding, intermodal and ocean, in addition to road freight services.

Austrian reports six-month figures

: Latest News; Thursday, 06 August 2009

Austrian Airlines Group posted a net loss of EUR166.6 million for the first six months of 2009, including non-cash impairment losses of EUR74.3 million from the valuation of aircraft, the company says.

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Atlas posts better results

: Latest News; Thursday, 06 August 2009

Atlas Air Worldwide Holdings has posted improved results for the second quarter of 2009, with net income of US$11.3 million on pre-tax earnings of US$17.8 million and revenues of US$240 million.

BA posts 1pc traffic gain

: Latest News; Thursday, 06 August 2009

Panalpina profit slumps 78pc

: Latest News; Thursday, 06 August 2009

Swiss logistics group Panalpina has reported a 78 per cent drop in first-half net profit to EUR16.9 million and says it does not expect to see any improvement in the second half of this year.

Hedging helps Cathay back into black

: Latest News; Thursday, 06 August 2009

Hong Kong-based Cathay Pacific returned to profit in the first half of the year thanks to a US$271 million fuel-hedging gain. It posted net income of HK$812 million for the year to end June.