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Cargolux pays out to ACCC

: Latest News; Saturday, 14 February 2009

Subject to Australian federal court approval, European all-cargo airline Cargolux Airlines has agreed to pay approximately A$5 million in penalties to the Australian Competition and Consumer Commission (ACCC) for breaching the price fixing provisions of the Australian Trade Practices Act. The settlement with the ACCC relates to allegations of fuel surcharge price-fixing in league with other carriers for international air cargo shipments.

V Australia appoints Virgin Atlantic Cargo

: Latest News; Friday, 13 February 2009

New long-haul Australian airline V Australia has awarded its cargo management contract to Virgin Atlantic Cargo.

BAWC cuts fuel charges

: Latest News; Friday, 13 February 2009

British Airways World Cargo (BAWC) has announced a reduction to its fuel surcharge. The surcharge will be GBP0.37 / USD0.55 / EUR0.55, with effect from 23 February 2009.

UK cargo totals down

: Latest News; Friday, 13 February 2009

British Airports Authority (BAA) has reported a January airfreight downturn of 15.9 per cent at its UK airports. The airport operator said cargo volumes are dropping at all UK airports.

Expeditors up 11 per cent

: Latest News; Friday, 13 February 2009

US logistics services provider Expeditors International has reported a 11 per cent increase in fourth-quarter profit to US$77.73 million.

Lufthansa adds Italian freighter

: Latest News; Friday, 13 February 2009

Germany’s Lufthansa Group has announced the launch of twice-weekly MD11 freighter services from Milan’s Malpensa airport in Italy to New York and Chicago, USA as of 18th February 2009.

Hong Kong cargo hit

: Latest News; Friday, 13 February 2009

Hong Kong's Hong Kong Air Cargo Terminals (Hactl) says tonnage fell 30.9 per cent in January compared to the same month a year ago. Imports dropped 34.7 per cent and exports 32.6 per cent. Trans-shipments helped soften the overall impact.

CAAS offers cash support to freight industry

: Latest News; Friday, 13 February 2009

The Civil Aviation Authority of Singapore (CAAS) is providing S$200 million in 2009 to help its airline and airport partners during the current economic downturn.