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US considers emissions options

: Latest News; Thursday, 28 February 2013

The US is considering a proposal to curb aircraft emissions that excludes time spent flying over international waters.

Aeroflot talks LCC

: Latest News; Thursday, 28 February 2013

Russia's Aeroflot is preparing to create a new budget carrier.

Kingfisher loses slots

: Latest News; Thursday, 28 February 2013

India's beleaguered Kingfisher Airlines has had its domestic and international airport slots withdrawn with immediate effect.

Damco tonnage 'nearly doubles'

: Latest News; Thursday, 28 February 2013

Netherlands-based forwarder Damco says it had a growth rate of 91 per cent in airfreight tonnage last year. Ocean volumes rose 6 per cent. it was in part due to the full-year effect of the acquisition of China-based freight forwarder NTS in August 2011.

BA, Cathay ink Australian code share

: Latest News; Thursday, 28 February 2013

UK-based British Airways and Hong Kong's Cathay Pacific have announced a new code share agreement to counter the loss of the BA-Qantas agreement from 31 March.

Virgin's result down on estimates

: Latest News; Thursday, 28 February 2013

Virgin Australia has released a 'solid' result for the first half of the financial year, with a statutory profit after tax of A$23 million and revenue up 5.4 per cent to US$2.106 billion.

US airlines make tiny profits

: Latest News; Thursday, 28 February 2013

USA carrier trade group Airlines for America (A4A) says the 10 airlines that have reported full-year results for 2012 made a combined profit of US$152 million on revenue of US$143.4 billion. That works out to US$0.21 per passenger carried, A4A said.

Global MBM approach needed - IATA

: Latest News; Thursday, 28 February 2013

The International Air Transport Association (IATA) has called on governments to agree a global approach to market-based measures (MBMs) to help aviation manage the two per cent of global man-made carbon emissions for which it is responsible.