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BA profits drop 88 per cent

: Latest News; Monday, 04 August 2008

UK carrier British Airways said on Friday the ‘worst trading environment ever’ was responsible for an 88 per cent profit drop (to GBP37m) in the quarter to the end of June.

Container retention risks high penalties

: Latest News; Friday, 01 August 2008

DB Schenker has warned shippers and forwarders they risk additional charges if they retain containers.

CII expands NZ network

: Latest News; Friday, 01 August 2008

Consolidators International (CII) has expanded its New Zealand freight operations with the signing of a new deal with forwarder Mondiale Freight Services Ltd.

Qantas oxygen bottle blamed

: Latest News; Friday, 01 August 2008

The Qantas jet that made an emergency landing in Manila last week had sustained damage caused by an exploding oxygen bottle, investigators have confirmed.

EVA out of NZ

: Latest News; Friday, 01 August 2008

Taiwanese airline EVA Air, which says it has been losing money on the New Zealand run for more than a year, is to cancel all NZ flights from September, but it is expected to retain a marketing presence there in the hope that fuel prices will drop and the economy improves in future.

Panalpina reports six-month increase

: Latest News; Friday, 01 August 2008

Diversified freight major Panalpina has reported an increase in net forwarding revenue in the first six months of 2008 compared to the same period in 2007 by 7.8 per cent (currency adjusted by 17.5 per cent) to CHF4,347.4 million.

Alitalia Cargo to sell MD-11Fs?

: Latest News; Friday, 01 August 2008

Italian carrier Alitalia Cargo is believed to be ready to sell two of its five MD-11Fs to long-term ally Centurion Air Cargo, with options available on the other three.

El Al, American code share starts next month

: Latest News; Friday, 01 August 2008

The Israeli airline El Al and US carrier American Airlines’ code share agreement is due to commence operations next month, September 2008.

Two Aloha aircraft novated

: Latest News; Friday, 01 August 2008

Chicago, US-based BCI Aircraft Leasing says operating leases for two Boeing 737-200 aircraft previously contracted to Aloha Airlines have been novated to Aloha Air Cargo.