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All Nippon reports loss

: Latest News; Friday, 01 May 2009

Japan's All Nippon Airways has reported an annual net loss of JPY4.2 billion, its first loss in six years and a reversal of its JPY64.1 billion profit for the 2007-08 year.

Asia Pacific airlines losses increase

: Latest News; Friday, 01 May 2009

The Kuala Lumpur-based Association of Asia Pacific Airlines says its members suffered deeper-than-expected losses last year.

Air India Cargo wins

: Latest News; Friday, 01 May 2009

Air India Cargo has for the first time won the Cargo Airline of the Year award in the best Central Asia Cargo airline category for 2009.

Finnair suffers reversals

: Latest News; Friday, 01 May 2009

Finnish carrier Finnair’s ceo Jukka Heinonen has described his airline’s early 2009 results as “bad”, “frightening”, and “extremely ugly” after turnover declined by 10 per cent to EUR516 million and (corrected) business profit collapsed from EUR7.8 million last year to a negative EUR47.5 million.

K Line to fight cartel fine

: Latest News; Friday, 01 May 2009

K Line Logistics is contesting a fine levied by Japan’s anti-monopoly watchdog for its alleged role in a cartel to raise international air cargo charges.

Lufthansa fingers Fraport share slide

: Latest News; Friday, 01 May 2009

Germany’s Lufthansa says a EUR140 million (US$185.5 million) charge on shares it holds in airport operator Fraport hit its bottom line in the first quarter after Fraport shares dropped around 35 per cent in the past year.

Carriers cancel and promote Mexico services

: Latest News; Friday, 01 May 2009

As the World Health Organisation increased the swine flu alert level to five, one below the maximum (pandemic) level, more global airlines cancelled their Mexico services, although US carriers Delta and American moved against the trend, cutting round-trip fares to boost falling demand.

Dreamliner approvals closer

: Latest News; Friday, 01 May 2009

Planemaker Boeing says it has cleared about two-thirds of the US government’s Federal Aviation Administration certification hurdles needed to put its new 787 ‘Dreamliner’ into service. FAA has approved most of what has been submitted, a Boeing spokesman said.

Cathay extends Unisys ties

: Latest News; Friday, 01 May 2009

Cathay Pacific has extended its existing agreement with Unisys Australia for hosted solutions – Unisys’ Passenger Service System and Logistics Management System - through 2012.