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Qantas downgrades profit forecast

: Latest News; Wednesday, 15 April 2009

Qantas will offer job-sharing, leave without pay and redeployment in an attempt to minimise the staff impact of its decision to shed as many as 500 more management jobs and 1250 other full-time positions.

US losses tipped

: Latest News; Wednesday, 15 April 2009

US analysts say the nine biggest US carriers are likely to report first-quarter 2009 losses of between US$1.9 and US$1.3 billion combined.

TSA slammed for islands rule

: Latest News; Monday, 13 April 2009

The US Transportation Security Administration's imposition of stricter regulations for the import of products from the Marshall Islands, the Federated States of Micronesia and Palau has drawn fire from local exporters.

US airfreight rates down one third

: Latest News; Monday, 13 April 2009

The decline in air freight demand is hitting US freight rates hard. Analysts at Robert W. Baird say there have been double-digit declines in air freight rates and that its February heavyweight air freight index declined 33 per cent.

Two believed dead after crash

: Latest News; Monday, 13 April 2009

A pilot and co-pilot are believed dead after a cargo plane crashed in Indonesia's eastern Papua province Thursday. The Aviastar cargo plane was travelling from Jayapura to Wamena when it crashed while attempting to land.

Downturn has some odd consequences

: Latest News; Monday, 13 April 2009

With the economy and the airline industry in a tailspin, aircraft ‘boneyards’ across the United States such as the Southern California Logistics Airport in Victorville are so busy they sometimes have more aircraft on the ground than Los Angeles International.

Lightweight net developed

: Latest News; Monday, 13 April 2009

Germany-based Hoffmann Air Cargo Equipment (ACE) GmbH together with DSM Dyneema have developed a new lightweight air cargo net ‘Dyneema fiber’ that weighs less than 8 kilograms as opposed to polyester cargo nets that typically weigh between 15-18 kg.

BA-Iberia merger slows

: Latest News; Monday, 13 April 2009

The merger of UK carrier British Airways and Iberia, the Spanish flag carrier, may be delayed until the northern summer. The UK’s Times media said the two sides are still negotiating the terms of the agreement and BA ceo Willie Walsh has said there’s no pressure on the parties for a speedy conclusion.