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Agility sees opportunities in downturn

: Latest News; Wednesday, 25 March 2009

Kuwait-based company Agility has reported strong results for 2008, despite the global slowdown that started in the fourth quarter of the year.

Aer Lingus moves board meeting

: Latest News; Tuesday, 24 March 2009

Irish carrier Aer Lingus has brought forward its April board meeting and may scale back its planned capital expenditure in order to slow depletion of its cash reserves, which are forecast to fall from EUR650 million to approximately EUR400 million this year.

Air France looks at Czech Air

: Latest News; Tuesday, 24 March 2009

Europe’s Air France group says it will make a non-binding ‘expression of interest’ for the Czech Republic's stake in Czech Airlines.

Lanco set to fly

: Latest News; Tuesday, 24 March 2009

New carrier Linea Aera Carriera de Colombia, trading as Lanco, is to launch flights between Bogota, Colombia and Miami, USA where parent LAN cargo has its headquarters. Later, it will add flights to Brazil, Chile and Ecuador.

New era for Saudi Airlines cargo

: Latest News; Tuesday, 24 March 2009

Saudi Arabian Airlines has completed the privatisation of its cargo division.

WFS to handle cargo for V Australia

: Latest News; Tuesday, 24 March 2009

International Australian airline V Australia has appointed Worldwide Flight Services (WFS) in Los Angeles, USA to provide cargo handling for its new flights from Sydney.

FedEx freighter crash in Japan

: Latest News; Monday, 23 March 2009

The pilot and co-pilot of a FedEx cargo plane which crashed on arrival at Tokyo's Narita airport died in the accident. The MD-11 freighter, en route from Guangzhou to Narita, is believed to have encountered very high winds when trying to land. Both pilots were US citizens.

FedEx tightens belt

: Latest News; Monday, 23 March 2009

FedEx is to cut Express and Freight network capacity, shed an unspecified number of personnel, cut work hours and expand pay reductions to non-US workers after it reported net income of US$97 million for its fiscal third quarter ended February 28, down 75 per cent from its US$393 million profit in the same 2008 period.

New airport owner ‘must reverse falls’

: Latest News; Monday, 23 March 2009

The Stansted Airline Consultative Committee (ACC), which represents airlines at London Stansted airport, has welcomed the UK Competition Commission’s report that will force operator BAA to sell three of its UK airports.