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Aerolineas in government hands |
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Friday, 05 September 2008 |
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Argentina's Senate has approved the nationalisation of debt-ridden Aerolineas Argentinas and its Austral subsidiary, agreeing to buy them from Spanish travel conglomerate Grupo Marsans. The airline has an estimated US$900 million debt.
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Solar power for cargo ship |
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Friday, 05 September 2008 |
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Two Japanese companies are building a new solar power system to run alongside the diesel engines on a cargo ship that transports motor vehicles to the USA, claiming it will cut fuel consumption by 6.5 per cent.
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Friday, 05 September 2008 |
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Chad national carrier Toumai Air Tchad, based at N’Djamena International airport is to operate -- in conjunction with Cargolux -- a weekly service between Al Ain, Abu Dhabi and N’Djamena.
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Kuzu buys Emirates freighters |
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Friday, 05 September 2008 |
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Turkish ACMI operator Kuzu Airlines Cargo has purchased three Airbus A310 freighters from Emirates SkyCargo.
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World in with MD-11F for Air France |
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Friday, 05 September 2008 |
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USA-based World Airways has signed with Air France to operate an MD-11F on a full-time basis for service from France to a variety of destinations in North Africa and a weekly flight to Brazil.
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Record exhibitors for materials handling show |
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Thursday, 04 September 2008 |
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Sydney Materials Handling (SMH) will be 25 per cent larger than last year’s inaugural event when it returns to the Sydney Showground October 28 to 30.
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IATA predicts further losses for carriers |
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Thursday, 04 September 2008 |
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The International Air Transport Association (IATA) has released a revised industry financial forecast that sees the global airline industry posting losses of US$5.2 billion in 2008 based on an average crude oil price of US$113 per barrel (US$140 for jet fuel).
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BA signs with Saints again |
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Thursday, 04 September 2008 |
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UK-based British Airways has re-signed with Saints Transport for another five-year term. The Heathrow airport, London-based air freight specialist will meet the airline's road freight requirements throughout the UK, including cargo, engineering, catering and baggage services.
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Swiss WorldCargo on e-freight |
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Thursday, 04 September 2008 |
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Switzerland-based Swiss WorldCargo, the air cargo division of Swiss International Air Lines, says it is the latest airline to take part in the International Air Transport Association (IATA) e-freight initiative.
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Forward to buy Service Express |
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Thursday, 04 September 2008 |
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USA-based Forward Air’s wholly-owned subsidiary Forward Air Solutions has agreed to purchase certain assets of USA firm Service Express, which generated roughly US$39 million in revenue last year.
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