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More aircraft in service

: Latest News; Friday, 07 August 2009

The global airline fleet expanded by about two per cent in June, thanks to new plane deliveries and a larger-than-expected number of aircraft being taken out of storage, according to the International Air Transport Association (IATA).

FedEx adds offices

: Latest News; Friday, 07 August 2009

FedEx Trade Networks, a subsidiary of FedEx Corp has opened new freight forwarding offices in Asia and Latin America.

Another three years to full recovery?

: Latest News; Friday, 07 August 2009

Air freight forwarding in the first six months of 2009 shrank by 28 per cent and sea freight forwarding fared even worse with a 32 per cent drop, according to Transport Intelligence.

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.

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More aircraft in service

: Latest News; Friday, 07 August 2009

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.