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Fedex cuts 1000 heads

: Latest News; Monday, 06 April 2009

US express giant FedEx has cut another 1000 salaried staff as the firm works to reduce network capacity in its Express and Freight segments, which have been especially vulnerable to the worldwide drops in trade.

European airfreight ‘has all but collapsed’

: Latest News; Monday, 06 April 2009

The Association of European Airlines (AEA) says its carrier members’ airfreight market has "all but collapsed" and passenger traffic in the first two months of 2009 has fallen 4.6 per cent.

US airfreight down again

: Latest News; Monday, 06 April 2009

Cargo traffic for US airlines fell 21.2 per cent in February, taking the industry to its lowest levels in eight years, the US Air Transport Association says.

Hactl IT upgrade

: Latest News; Monday, 06 April 2009

Hong Kong Air Cargo Terminals (Hactl) says it expects to spend an added 20 per cent on IT systems this year.

BA March cargo falls 10 per cent

: Latest News; Monday, 06 April 2009

UK carrier British Airways says traffic dropped 7.3 per cent in March and that 300 staff will leave by end May as part of a voluntary redundancy scheme.

Singapore Airlines and Emirates lose court case

: Latest News; Monday, 06 April 2009

The Federal Court in Melbourne has thrown out the applications by Singapore Airlines Pte Ltd, Singapore Airlines Cargo Pte Ltd and Emirates Airline challenging the validity of compulsory notices issued by the Australian Competition and Consumer Commission (ACCC).

Singapore cargo slumps

: Latest News; Friday, 03 April 2009

Cargo volumes at Singapore Airlines slipped by 16.9 per cent to just under 80 million kilograms in February, equal to 56.7 per cent load factor, the carrier says.

1405 volunteer for unpaid leave at Singapore

: Latest News; Friday, 03 April 2009

Singapore Airlines says 1,405 of its employees have volunteered to take unpaid leave as part of the Singaporean carrier’s cost-cutting strategy, but more cuts will be needed.

Carrier grounds 60 jets

: Latest News; Friday, 03 April 2009

USA carrier Atlantic Southeast Airlines, a major regional airline for Delta Air Lines, earlier this week grounded 60 of its 110 CRJ200 jets after an internal audit raised safety concerns.

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Fedex cuts 1000 heads

: Latest News; Monday, 06 April 2009

: Latest News; Monday, 06 April 2009