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Logistics firms told to get ready for competition

: Latest News; Wednesday, 05 November 2008

Malaysia's International Trade and Industry minister Tan Sri Muhyiddin Yassin has called on the country's logistics providers to improve their service quality ahead of moves by Asean member states to undertake equity liberalisation and allow up to 49 per cent of foreign equity by this year.

Bayside buys Flight Express

: Latest News; Wednesday, 05 November 2008

Bayside, the owner of USA cargo shipper AirNet Systems, has purchased Florida-based cargo airline Flight Express.

MASKargo holding its own

: Latest News; Wednesday, 05 November 2008

Malaysia Airlines’ MASkargo, its freighter arm, says it expects a marginal increase in revenue this year. Revenue forecast for 2008 is US$800 million, compared with last year's $785 million, contributing 22 per cent of total group revenue, said MASkargo's managing director Shahari Sulaiman.

Yangtze River back to Los Angeles

: Latest News; Wednesday, 05 November 2008

After a two-year break, Shanghai-based Yangtze River Express Airlines has reintroduced flights from its base to Los Angeles, USA.

IATA shelves security program

: Latest News; Wednesday, 05 November 2008

The International Airline Transport Association (IATA) has shelved plans for a global air security program.

Pacific Blue to PNG

: Latest News; Wednesday, 05 November 2008

Australian carrier Pacific Blue has inaugurated services between Brisbane, Australia and Port Moresby, Papua New Guinea with four direct return flights a week (Mon, Wed, Fri and Sun) in a code-share deal with Airlines PNG using a Boeing 737-800 jet aircraft.

TSA strikes EU deal on cargo screening

: Latest News; Monday, 03 November 2008

The US Department of Homeland Security's Transportation Security Administration (TSA) has agreed air cargo screening standards for passenger carrying aircraft from the European Union, ahead of a February 2009 deadline to screen 50 per cent of air cargo on passenger-carrying aircraft destined for the USA.

Lucky miss for Qantas

: Latest News; Monday, 03 November 2008

Last year's failed A$11 billion takeover of Australia’s Qantas was a lucky near miss, the Australian newspaper says.

Cathay puts five planes on sale

: Latest News; Monday, 03 November 2008

Reuters reports Hong Kong-based Cathay Pacific is to attempt to sell five B777-200 aircraft, but the carrier is not certain a deal will go through in the current economic climate.