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Cargo bright spot for United

: Latest News; Wednesday, 23 April 2008

UAL Corporation, the parent company of United Airlines, plans to cut 1100 jobs in the wake of a pre-tax loss of US$542 million for the first quarter ended March 31, 2008, US$305 million higher than the first quarter of 2007.

Swiss duo post red and black results

: Latest News; Wednesday, 23 April 2008

Swiss logistics group Panalpina’s first-quarter 2008 net profit fell 40 per cent due to scaled back services in Nigeria, while its local Swiss competitor Kuehne & Nagel reported net profit up 19 per cent for the same period, due to strong growth in its airfreight unit.

Air Pacific flags price hikes

: Latest News; Wednesday, 23 April 2008

Fiji’s Air Pacific says fuel costs have exceeded the airline’s budget by US$60m.

Services division under offer, but Aloha cargo division still in limbo

: Latest News; Wednesday, 23 April 2008

US carrier Aloha Airlines' air cargo division — which employs about 300 people and handles about 85 per cent of all freight flown between Oahu and the Neighbor Islands, Hawaii — was still in limbo yesterday after action by creditors and the ongoing strike threat by Aloha's pilots.

Cathay to expand US freighter destinations

: Latest News; Wednesday, 23 April 2008

Hong Kong-based Cathay Pacific Airways will expand its US freighter destinations in September, adding a B747-400F flight to Houston and Miami.

EC says no more state aid for Alitalia

: Latest News; Tuesday, 22 April 2008

The European Commission says the Italian government cannot give any further aid to state-owned carrier Alitalia until 2011.

China Southern profit up 786 per cent

: Latest News; Tuesday, 22 April 2008

China Southern Airlines, China’s largest carrier by fleet size, says its 2007 profit soared 786 per cent on the stronger yuan and higher passenger numbers. Passengers carried jumped 15.6 per cent to 56.9 million, while cargo and mail volume climbed 6.5 per cent to 872,000 tons. Net profit jumped to 1.85 billion yuan (US$264 million).

India short of flight inspectors

: Latest News; Tuesday, 22 April 2008

The Hindustan Times says India has 10 commercial airlines, two cargo airlines, 65 non-scheduled operating airline companies and several helicopter operating firms, but only four flight inspectors to conduct safety audits and clear licences for pilots and crew.

Summit recommendations in line with ALC strategy - Morrisrecommendations

: Latest News; Tuesday, 22 April 2008

Priorities identified by the 2020 Summit included recommendations that clearly reinforced those in the National Strategy for the T&L Freight Industry and are critical for Australia’s future, Hal Morris, chief executive of the Australian Logistics Council (ALC), said today.