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Dubai to launch LCC

: Latest News; Wednesday, 19 March 2008

The Dubai government is to set up a low-cost airline (LCC) managed by Emirates Airline. The new company will be headed by Emirates’ commercial operations director Ghaith al-Ghaith and its fares set at competitive levels to attract budget travellers from the Arab world and the Indian subcontinent.

Air France group in Alitalia union talks

: Latest News; Wednesday, 19 March 2008

Air France-KLM is to hold talks with Alitalia unions that are upset by plans to scrap Alitalia’s freight operations and break up its maintenance unit, with the loss of about 1,600 jobs.
The Italian government earlier this week approved the Air France group takeover through a share swap of one Air France-KLM share for every 160 Alitalia shares.
Air France-KLM wants an agreement with the unions by March 31.

AFIF suggests additional wording for air cargo HAWB

: Latest News; Wednesday, 19 March 2008

The Australian Federation of International Forwarders (AFIF) is not entirely satisfied with the wording of the new IATA Conditions of Contract that came into force yesterday under IATA Resolution 600B and has suggested further wording be added to the face of the forwarder HAWB (or Neutral AWB, where used as a HAWB).

New MRO facility at Changi

: Latest News; Wednesday, 19 March 2008

Ametek Aerospace and Defense plans to open an 18,000 square foot maintenance, repair and overhaul (MRO) facility near Singapore’s Changi Airport later this month.

AMI buys out South African partner

: Latest News; Tuesday, 18 March 2008

AMI has acquired its Johannesburg, South Africa-based service partner MMA Consolidators Pty Ltd. Founded in 2002, in its first two years MMA grew from 2 to 30 employees. It opened additional stations in Cape Town (January 2004) and Durban (September 2006), the latter operating as a satellite office handling sales and reservations and performing local collections and deliveries.

Singapore reviews Calcutta Calcutta plan

: Latest News; Tuesday, 18 March 2008

After the Airports Authority of India asked airlines to pay late fees for keeping goods in its Calcutta warehouse during the March 12-13 staff strike, Singapore Airlines says it may delay plans to introduce an additional freighter service to the city. Affected airlines said the cargo could not be cleared because the airport’s staff were not available.
The fine was subsequently waived, but many airlines and agents suffered losses running into tens of millions of rupees. –Jack Handley

Blue Dart adds 32 per cent capacity

: Latest News; Tuesday, 18 March 2008

India’s Blue Dart is to replace its existing B737 fleet of four with B757s, boosting cargo-carrying capacity by around 32 per cent. The move will be funded internally and the carrier is working with parent DHL to assess whether the aircraft can be deployed internationally.

Poor price for Alitalia

: Latest News; Tuesday, 18 March 2008

Alitalia has agreed to a takeover by Air France-KLM that values the Italian airline at US$183.8 million, or 0.10 euro a share.
The bid carries significant financial conditions including the purchase of Alitalia’s convertible bonds at market rates, worth around Euro 608 million and a Euro 1 billion rights issue fully guaranteed by Air France-KLM.

Swift sells to Barloworld

: Latest News; Tuesday, 18 March 2008

Barloworld Logistics, the supply chain management subsidiary of industrial multinational Barloworld, has acquired Dubai-based Swift Group and its affiliates in the Far East, India, UAE, Africa and Germany.