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Austrian to Lufthansa

: Latest News; Tuesday, 18 November 2008

Austria's privatisation agency has chosen Germany’s Lufthansa for exclusive final negotiations on the state's 41.6 per cent stake in Austrian Airlines.

Korean loss worst for 10 years

: Latest News; Tuesday, 18 November 2008

South Korea's Korean Air Lines has posted its biggest loss in 10 years for the three months to end September despite lifting sales by 16 per cent. The 684.1 billion won (US$493 million) loss compared with net income of 129.6 billion won a year earlier.

Cathay to delay HK terminal

: Latest News; Friday, 14 November 2008

Hong Kong-based Cathay Pacific Airways may delay construction of its HK$4.8 billion air cargo terminal in Hong Kong.

Aer Lingus asked to reconsider outsourcing

: Latest News; Friday, 14 November 2008

Irish trade union Siptu has called on local carrier Aer Lingus to implement cost-cutting measures without outsourcing 1300 jobs.

Menzies cuts 600 jobs

: Latest News; Friday, 14 November 2008

Scotland-headquartered cargo specialist John Menzies has cut hundreds of jobs in its airport ground handling and cargo businesses.

Los Angeles totals sharply down

: Latest News; Friday, 14 November 2008

TW Online says cargo traffic at Los Angeles International Airport (LAX), USA fell at its sharpest rate in seven years in September, dropping 17.1 per cent.
Excluding postal traffic, freight tonnage fell 17.5 per cent.

Emirates Skycargo looks to Asia

: Latest News; Friday, 14 November 2008

UAE-based Emirates Skycargo says it hopes Asian countries, especially China, India and the Middle East will help counter the slowdown experienced in other regions.

FALCONSW gets down to business

: Latest News; Friday, 14 November 2008

The newly-appointed executive of the Freight and Logistics Council of NSW, Australia, is in the process of developing appropriate corporate structures to ensure operations are transparent, orderly and efficient, following its incorporation under NSW law in October.

DHL-UPS US deal downscaled?

: Latest News; Friday, 14 November 2008

The Deutsche Post announcement on the scaling back of the company’s DL and DHL Express operations in the USA will leave FedEx, UPS and the US Postal Service picking up the slack, and also will affect the proposed DHL-UPS tie-up, according to UPS.