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NZ to sell down Air NZ stake

: Latest News; Wednesday, 20 November 2013

New Zealand's government is selling 20 per cent of Air New Zealand, cutting its stake in the carrier from 73 per cent to 53 per cent.

Etihad buys 56 Boeings

: Latest News; Monday, 18 November 2013

Abu Dhabi's Etihad Airways is buying 56 Boeing aircraft, including 25 long-haul 777X passenger jets, 17 777-9Xs and eight 777-8X aircraft.

Shale oil spinoffs working for US transport

: Latest News; Monday, 18 November 2013

In the US, transportation and logistics companies are benefiting from the introducition of shale oil and gas.

XPO buys Optima

: Latest News; Monday, 18 November 2013

XPO Logistics has acquired Optima Service Solutions, a leading non-asset provider of last-mile logistics services for major retailers and manufacturers in the United States, for US$26.6 million cash.

Emirates orders 200 more planes

: Latest News; Monday, 18 November 2013

Dubai-based Emirates airline has ordered 150 B777X, comprising 35 B777-8Xs and 115 B777-9Xs, plus 50 options as well as an additional 50 A380 aircraft.

China spends up on airport IT

: Latest News; Thursday, 14 November 2013

Mainland China’s top airports expect their total IT spend to grow by 23 per cent from 2012 to 2013, more than double the 11 per cent rate of revenue growth rate for the same period. Investment is set to rise further in China with 80 per cent of these airports expecting IT budgets to increase again next year as the country prepares to manage more than 870 million passengers by 2016.

Danzas breaks ground in Dubai

: Latest News; Thursday, 14 November 2013

The UAE's Dubai World Central (DWC) says Danzas AEI Emirates, a joint venture between the Al Tayer Group and DHL Global Forwarding, has broken ground on two airfreight and chemical logistics facilities at the DWC Logistics District.

Investors raise Virgin stakes

: Latest News; Thursday, 14 November 2013

Virgin Australia plans to raise A$350 million in a share sale that will allow the airlines that are its biggest investors to lift their stake to nearly 70 per cent of the carrier.

Huge 777 orders tipped for Boeing

: Latest News; Thursday, 14 November 2013

US plane maker Boeing is tipped to win multiple B777x orders from Emirates, Lufthansa, Qatar Air, Etihad and Cathay Airways at the Dubai Airshow

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XPO buys Optima

: Latest News; Monday, 18 November 2013

XPO Logistics has acquired Optima Service Solutions, a leading non-asset provider of last-mile logistics services for major retailers and manufacturers in the United States, for US$26.6 million cash.