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Another Alitalia rescue?

: Latest News; Monday, 11 August 2008

The New York Times newspaper reports bankers working on a salvage plan for Italian airline Alitalia are close to a package that would keep the carrier in Italian hands but flying a much-reduced network.

Atlas drops 96 per cent on second quarter

: Latest News; Monday, 11 August 2008

US air freight company Atlas Air Worldwide Holdings has reported a second quarter profit drop of more than 96 per cent, despite higher sales.

Jett8 in switch to 747-400s

: Latest News; Monday, 11 August 2008

Singapore-based cargo carrier Jett8 Airlines Cargo is citing fuel efficiencies as the reason for its switch from Boeing 747-200s to 747-400Fs.

Capacity woes force Dnata to scale back at Dubai

: Latest News; Monday, 11 August 2008

Dnata Cargo, a freight handling service provider at Dubai International Airport, Dubai, UAE, has started to rationalise its business because of a shortage of parking space for aircraft at the airport.

BAWC fuel surcharge reduced

: Latest News; Friday, 08 August 2008

British Airways World Cargo (BAWC) has reduced its fuel surcharge in line with sharp falls in the fuel price. The surcharge will be GBP0.84 / USD1.30 / EUR1.30, with effect from 21 August.

Asia Pacific tops Boeing forecast

: Latest News; Friday, 08 August 2008

Boeing says replacement airplanes have taken a 43 per cent share of international demand, much higher than the 36 per cent forecast before the oil crisis hit.

Etihad launches Minsk service

: Latest News; Friday, 08 August 2008

Gulf-based Etihad Airways has inaugurated the first air services to Belarus with a twice-weekly schedule to the country’s capital, Minsk.

25 airlines down this year

: Latest News; Friday, 08 August 2008

A report in the International Herald Tribune says 25 airlines - three to four times the number that the International Air Transport Association (IATA) normally registers in a year – have failed in the past eight months and 17 have ceased operations altogether.

Lam joins Trans Global

: Latest News; Friday, 08 August 2008

Hong Kong-based logistics company Trans Global Logistics has appointed Peter Lam as its corporate director air freight. Lam previously was regional sales manager at Virgin Atlantic Cargo with responsibility for Hong Kong and China.