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DHL signs China security pact

: Latest News; Monday, 10 November 2008

Deutsche Post subsidiary DHL's freight forwarding division has signed a security partnership agreement with its handling and airline partners in China, including Shanghai Pudong International Airport Cargo Terminal and Air China Cargo.

Indian carriers bid for new airline

: Latest News; Friday, 07 November 2008

Despite the Indian aviation industry experiencing rough weather, including major carrier defaults on payment of jet fuel charges, four airlines including state-run Alliance Air have bid to operate a regional air carrier for the Northeast of the country.

Cathay shares slump

: Latest News; Friday, 07 November 2008

Spurred by a profit warning and drops in cargo, business and first class demand, shares in Cathay Pacific Airways dropped 15.6 per cent to HK$7.96 yesterday (Thursday). Its shares are down more than 50 per cent for the year.

Volga-Dnepr figures up

: Latest News; Friday, 07 November 2008

Volga-Dnepr Group says it saw a 75 per cent increase in sales for the first nine months of 2008, with revenue from its charter and scheduled cargo services reaching US$1.27 billion.

Cooma aviation plan

: Latest News; Friday, 07 November 2008

A delegation of Cooma, NSW, Australia locals want the federal government to part-fund Slovakian firm AVO International’s plan to build aircraft in the town and turn Cooma into an aviation freight hub.

CAI closer to Alitalia

: Latest News; Friday, 07 November 2008

The investors taking over Italian carrier Alitalia will pay EUR275 million (US$354 million) cash as part of their EUR1 billion offer for the insolvent airline.

13 in running for Olympic

: Latest News; Friday, 07 November 2008

The Greek government says 13 prospective buyers have been identified for the failing local carrier Olympic Airlines. So far, it has only named Qatar Airways, Iberia, Chrysler Aviation, SkyOne and Swissport.

Northline turns 25

: Latest News; Friday, 07 November 2008

Adelaide, South Australia-based freight company Northline, which employs 400 people throughout the country, celebrated its 25th anniversary with a sparkling James Bond-themed celebration at the Hyatt Regency Adelaide yesterday, Thursday.

SAS slides into Spanish-induced red

: Latest News; Thursday, 06 November 2008

The Scandinavian SAS Group that owns Scandinavian Airlines has posted a pre-tax loss for third-quarter 2008 due to high fuel costs, the economic downturn and a goodwill 1.9 billion kronor writedown in its Spanish-based carrier Spanair.