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TNT maintains full year outlook despite soft first quarter

: Latest News; Tuesday, 29 April 2008

Dutch integrator TNT has reported first quarter results below the same period last year and blamed fewer working days and an earlier Easter for the downturn.

CAAS and Certis CISCO ink security contract

: Latest News; Tuesday, 29 April 2008

The Civil Aviation Authority of Singapore (CAAS) and Certis CISCO have signed a Master Security Services (MSS) contract for the provision of security services at Singapore Changi Airport, Seletar Airport, Changi Airfreight Centre and Singapore Air Traffic Control Centre. The 5-year contract - the first such master contract for security manpower - is for the period 01 April 2008 to 31 March 2013, with the option to extend for a further five years.

US$120 a barrel puts industry at risk

: Latest News; Monday, 28 April 2008

UK media reports that the US airline industry lost $1.5bn in the first quarter of this year have lead to concerns that a global airline meltdown may be on the cards if airlines don’t raise fares to cover costs.

ESC joins cartel class action

: Latest News; Monday, 28 April 2008

The European Shippers' Council (ESC) has joined the two-year-old US litigation class action by airfreight customers against air carriers accused of engaging in a cargo price-fixing scheme.

Lufthansa signs co-operation pact with AiRUnion

: Latest News; Monday, 28 April 2008

Lufthansa's cargo unit has signed a memorandum of understanding to form a strategic co-operation with AiRUnion and Russia's Krasnojarsk Airport.

EOS fails

: Latest News; Monday, 28 April 2008

Eos Airlines has failed, the second transatlantic business class-only carrier to sink in the past six months.
Operations ceased entirely last night (Sunday), a statement on the Eos website said. Rival MAXjet closed just before Christmas, leaving Silverjet as the only remaining airline offering business class-only between the US and the UK.

Aloha pilots delay strike action

: Latest News; Monday, 28 April 2008

As global airline failures mount, US carrier Aloha Airlines' pilots union has delayed a promised strike until today, Monday, as it waits for an update in the Bankruptcy Court on discussions between the company and two prospective buyers -- Saltchuk Resources and Jupiter Holdings -- for Aloha's cargo operations. Saltchuk said late last week it would not increase its offer of US$13m despite Aloha's financiers saying they would not accept less than US$20m.

Northwest lifts fuel surcharges, reports Q1 loss

: Latest News; Monday, 28 April 2008

US carrier Northwest Airlines Cargo is to raise fuel surcharges effective May 1, subject to government approvals. Domestic fuel surcharges rise to US$0.42 from US$0.38 cents per pound and international surcharges rise to US$1.05 from US$0.95 cents per kilogram. Northwest said westbound trans-Pacific shipments from the US to Shanghai, Guangzhou and points beyond will be subject to an additional US$0.25 cents per kilogram charge.

Aloha cargo suitor pulls out

: Latest News; Monday, 28 April 2008

Saltchuk Resources has withdrawn from the bidding for Aloha Airlines' cargo unit. Seattle, USA-based Saltchuk said it was unwilling to raise its US$13 million bid to the US$20 million threshold required by Aloha's primary lender. Meanwhile, Aloha management is seeking a court order against its cargo pilots to prevent them striking or disrupting operations.