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Janel buys Ferrara

: Latest News; Monday, 28 July 2008

Global provider of integrated logistics services Janel World Trade has purchased the customs brokerage ‘book of business’ assets of Ferrara International Logistics of Elizabeth, New Jersey, US for US$2.1 million.

Atlas Air Cargo terminal collapses

: Latest News; Monday, 28 July 2008

Blocked drains last week caused the Atlas Air Cargo terminal at Korea’s Incheon International Airport to collapse, airport officials said.

Aeroflot Cargo on track

: Latest News; Friday, 25 July 2008

Aeroflot Cargo is on track to reach its air freight target of 350,000 tonnes of air cargo in 2010, more than 2.5 times the 135,000 tonnes it carried in 2007, according to its ceo.

EC keeps Indonesian airlines out

: Latest News; Friday, 25 July 2008

The European Commission has maintained its ban on all Indonesian airlines flying to the European Union despite work by Indonesian authorities to have the ban withdrawn.

Tighter funding hits aircraft leasing

: Latest News; Friday, 25 July 2008

Irish aircraft leasing company AWAS says it expects a slump more severe than previous down cycles because there is a lot less liquidity in financial markets than in the last downturn.

Merger talks disputed

: Latest News; Friday, 25 July 2008

Chinese business magazine Caijing claims the Chinese central government and the Shanghai city government are discussing merging Shanghai Airlines with China Eastern Airlines, a claim denied by the airlines.

Blue Dart opens Kolkata facility

: Latest News; Friday, 25 July 2008

South Asia express air and integrated transportation, distribution and logistics company Blue Dart Express has opened a new warehouse in Kolkata, India to support its new India-Bangladesh service route, launched in association with DHL.

Rex wants airports to share the pain

: Latest News; Friday, 25 July 2008

Australia’s Regional Express (Rex) airline deputy chairman John Sharp wants Australian airport operators to rebate some of their 2008 profits to airlines and has called on the government to help support airlines struggling to survive because of record fuel prices and the global economic crisis.

Global flights growth continues to slow - OAG

: Latest News; Friday, 25 July 2008

The world's airlines are scheduled to operate just one per cent more flights for July 2008 compared with the same month last year, according to the latest statistics from Official Airline Guide (OAG). This represents an additional 34,800 flights; capacity for July is up by three per cent year on year.