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JAL to cut capacity by 10pc

: Latest News; Tuesday, 09 June 2009

Japan’s Japan Airlines plans to reduce capacity on international routes by 10 per cent for fiscal year 2010, according to ceo Haruka Nishimatsu.

IATA calls on all parties to share airlines’ pain

: Latest News; Tuesday, 09 June 2009

The International Air Transport Association (IATA) has called for a major resizing and reshaping of the entire air transport value chain as airlines battle the ongoing global economic crisis. Airlines are expected to post losses of US$9 billion this year with an unprecedented 15 per cent revenue drop that will see industry revenues shrink by US$80 billion – down to US$448 billion.

UTi releases Q1 results

: Latest News; Tuesday, 09 June 2009

UTi Worldwide has reported financial results for its fiscal 2010 first quarter that ended April 30, 2009. Gross revenues decreased 35 per cent to US$768.4 million from US$1,184.5 million and net revenues (revenues minus purchased transportation costs) were down 21 per cent to US$309.5 million from US$389.5 million.

Green bamboo shoots?

: Latest News; Tuesday, 09 June 2009

Major Chinese airlines may be showing early indications of a recovery after they made a total profit of 1.3 billion yuan in Q1 this financial year. Air China, for example, reported a net loss of 9.15 billion yuan for 2008, but reported a 981 million yuan profit in Q1 2009, down 5.68 per cent on a year ago.

More sniffer dogs for USA

: Latest News; Tuesday, 09 June 2009

The US House of Representatives has legislated to increase the number of canine teams used in perishables screening, helping ensure produce won’t spoil by being delayed in shipment.

BA pension funds under scrutiny?

: Latest News; Tuesday, 09 June 2009

UK carrier British Airways says closing its final salary pension schemes to existing employees is not under active consideration, saying: "It is premature to suggest that we would go down any particular route."

Record drop looming for airfreight yields?

: Latest News; Tuesday, 09 June 2009

International Air Transport Association ceo Giovanni Bisignani has warned the downturn in travel and commerce may hurt planemakers Airbus and Boeing to the tune of a 30 per cent downturn in deliveries this year.

First Air France bodies recovered

: Latest News; Tuesday, 09 June 2009

By early Perth time Monday, Brazilian ships had recovered six bodies and “hundreds” of items of luggage and personal effects from the search area where Air France AF477 crashed last week. More bodies had been sighted in the area and these were expected to be recovered by search ships within hours. The first two bodies, recovered on Saturday and as yet unidentified, were male.

CBFCA course closing soon

: Latest News; Friday, 05 June 2009

The Customs Brokers Forwarders Council of Australia (CBFCA) has issued a reminder for those not already registered, that training is now open for persons seeking accreditation for the new Non-Commodity for Containerised Cargo Clearance Scheme.