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AF447 ‘fell 10km in four minutes’

: Latest News; Wednesday, 02 September 2009

Three months after the crash of Air France flight AF447 en route from Rio de Janeiro to Paris, investigators say they still have more questions than answers and it will take another 18 months “at least” to reach conclusions about the causes of the accident.

Grand Power reports Q2 drop

: Latest News; Wednesday, 02 September 2009

Grand Power Logistics has reported a 38 per cent year-over-year revenue drop for the quarter ended June 30, 2009, compared with the same period in 2008.

Sedrak to head Fracht sales

: Latest News; Wednesday, 02 September 2009

Fracht Australia has appointed David Sedrak its business development manager effective 07 September. Based in its Melbourne office, Sedrak is charged with generating more project cargo and general business. Prior to joining Fracht, he spent three years in project transport management and is experienced in over-dimensional and heavy cargo.

Better Thai figures

: Latest News; Wednesday, 02 September 2009

Thai Airways says it suffered a THB5.4 billion loss in the second quarter, 41.6 per cent better than the THB9.25 billion deficit in Q2 2008.

Emirates tips USA recovery within a year

: Latest News; Wednesday, 02 September 2009

UAE-based Emirates expects to reinstate Airbus 380 flights from Dubai to New York, USA in the first six months of 2010 ‘after the market rebounds’.

Panalpina reports BRIC drop

: Latest News; Wednesday, 02 September 2009

Global forwarder Panalpina says 'high and heavy' activities are proving a lifeline for its airfreight business in the current economic downturn.

Greens slam freight decision

: Latest News; Wednesday, 02 September 2009

Australia’s Green party says the federal government should have introduced a night time curfew for Canberra Airport's new freight hub. Infrastructure minister Anthony Albanese earlier said he didn’t think a curfew was warranted.

Philippine Air to cut jobs

: Latest News; Monday, 31 August 2009

Philippines national carrier Philippine Airlines says it will cut its work force by offering early retirement to staff after posting more than US$301 million in losses.