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SATS buys into SFI

: Latest News; Wednesday, 21 January 2009

Singapore Airport Terminal Services (SATS), the ground-handling unit of Singapore Airlines, is to purchase Temasek Holdings's 70 per cent stake in Singapore Food Industries. The S$334.5 million acquisition is tipped to help shield SATS from a slowdown in flight catering and ground-handling as air travel declines.

Shanghai tips doubled loss

: Latest News; Wednesday, 21 January 2009

Shanghai Airlines of China says its 2008 net loss is likely to more than double from the 2007 figure, due to poor fuel hedging decisions and weak demand in the local aviation market.

Premium traffic, freight down

: Latest News; Wednesday, 21 January 2009

Airfreight was down 13.5 per cent and long haul first and business-class air travel slipped further in November as companies cut back amid the global slowdown, according to the International Air Transport Association.

Latin cargo drops

: Latest News; Wednesday, 21 January 2009

Traffic and capacity both rose, but the Latin American Air Transport Association says its members’ airfreight ton kilometres decreased 18.6 per cent in November and 12.2 per cent year-to-date. Passenger numbers were up 1.2 per cent at 9.7 million passengers carried in November.

Air France out of Guangzhou

: Latest News; Wednesday, 21 January 2009

Air France-KLM has suspended its cargo service to Guangzhou, China, after cargo volumes dropped below sustainable levels. A northern summer service resumption is possible if demand increases.

Management restructure at Qantas Freight

: Latest News; Wednesday, 21 January 2009

Qantas Freight has announced a management restructure designed to better-align the airline's business functions and simplify interaction with its customers.

Ito to head ANA

: Latest News; Tuesday, 20 January 2009

ANA senior executive vice president Shinichiro Ito was named president and chief executive of the Japanese airline effective 01 April following an extraordinary meeting of the ANA board of directors.

Singapore inks OSA with Czech Republic

: Latest News; Tuesday, 20 January 2009

Singapore and the Czech Republic have signed an Open Skies Agreement (OSA). Under the OSA, Singapore carriers may operate any number of flights between Singapore and points in the Czech Republic, as well as beyond the Czech Republic to any other city in the world. Similarly, carriers from the Czech Republic will be able to operate any number of flights to and beyond Singapore.

Heathrow’s third runway ‘not a done deal’

: Latest News; Tuesday, 20 January 2009

The British International Freight Association (BIFA) has indicated it has a ‘wait and see’ attitude about a third runway at London Heathrow, although it has given qualified support to the UK government’s go ahead for the proposal.

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SATS buys into SFI

: Latest News; Wednesday, 21 January 2009

Premium traffic, freight down

: Latest News; Wednesday, 21 January 2009

Latin cargo drops

: Latest News; Wednesday, 21 January 2009

Air France out of Guangzhou

: Latest News; Wednesday, 21 January 2009

Air France-KLM has suspended its cargo service to Guangzhou, China, after cargo volumes dropped below sustainable levels. A northern summer service resumption is possible if demand increases.

Ito to head ANA

: Latest News; Tuesday, 20 January 2009

ANA senior executive vice president Shinichiro Ito was named president and chief executive of the Japanese airline effective 01 April following an extraordinary meeting of the ANA board of directors.