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PIM approved for CCSF

: Latest News; Monday, 31 August 2009

PIM Logistics, a USA heavyweight shipping and logistics services provider, says it has been approved to become a Certified Cargo Screening Facility (CCSF) by the country’s Transportation Security Administration (TSA).

East Star bankrupt

: Latest News; Monday, 31 August 2009

China’s East Star Airlines has become the first Chinese airline to go bankrupt with debts equal to US$145 million at the end of 2008.

New head at MAS

: Latest News; Monday, 31 August 2009

Malaysia’s prime minister Najib Razak has appointed Idris Jala, the chief executive of Malaysia Airlines (MAS) to be a cabinet minister and head a ‘Performance Management and Delivery Unit’ in the government. Tengku Azmil Zahruddin, who was MAS’ chief financial officer, takes over at the airline.

Toll wants to triple business

: Latest News; Monday, 31 August 2009

Transport and logistics group Toll Holdings has outlined a strategy to grow the company's global freight forwarding business from A$1 billion to A$3 billion within three years.

Lufthansa gets nod for Austrian

: Latest News; Monday, 31 August 2009

Germany’s Lufthansa has won European Union regulatory approval for its planned EUR377 million takeover of Austrian Airlines after agreeing to give up airport slots on routes from Vienna to Frankfurt, Munich, Stuttgart, Cologne and Brussels.

Lufthansa readies for Frankfurt fight

: Latest News; Monday, 31 August 2009

Germany’s Lufthansa might scrap its air cargo fleet if – as signalled last week - night flights are banned at its main hub in Frankfurt, according to Lufthansa Cargo ceo Carsten Spohr, who added that moving to another German city was not an option.

Iberia to apply further cuts

: Latest News; Monday, 31 August 2009

Spanish airline Iberia will cut more capacity and intensify cost cutting programs in the second half of this year after a bigger than expected first-half net loss of EUR165.4 million, attributed to a downturn in airfreight and business travel.

Korean adds third Toronto service

: Latest News; Monday, 31 August 2009

Korea’s Korean Air Cargo is to increase its freighter frequencies to Toronto Pearson, Canada next month (September) when it adds a third weekly B747-400F flight to bring frequency up to a Wednesday, Friday, Saturday service.

JFK ‘better’ at 27.8pc down

: Latest News; Monday, 31 August 2009

Freight traffic at New York’s John F. Kennedy International Airport fell 27.8 per cent in June, the first time this year the airport has seen less than a 30 per cent monthly decline. Its average for the first half of the year was 33.2 per cent compared to the same period last year.