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Air France/KLM posts cargo turnaround |
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Friday, 21 November 2008 |
Europe’s Air France-KLM says its cargo operation returned to profit in the fiscal second quarter of 2008 after a loss a year ago thanks to increased operating margins.
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Kuehne & Nagel buys Alloin |
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Friday, 21 November 2008 |
Europe’s Kuehne & Nagel Sarl is to buy Alloin Holding SAS, a French transport services and freight forwarding firm.
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Friday, 21 November 2008 |
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Sydney-based Customs Broker DSV Air and Sea Pty Ltd (a DSV Group company) has acquired the remaining 60 per cent of shares in ABX Logistics (Australia) Pty Ltd in Hillsdale, NSW and it now becomes a wholly-owned company of DSV Group. ABX Logistics (Australia) will trade as a subsidiary of DSV Air and Sea until the integration of the companies is complete.
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Plenty of space available on Polar flights |
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Friday, 21 November 2008 |
Initial payloads for Polar Cargo B 747 freighter flights ex Sydney were light due to short lead time but they are starting to pick up according to GSA Wexco.
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CAI pays premium for Alitalia |
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Friday, 21 November 2008 |
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The Italian government has squeezed a premium out of consortium CAI, which wants to buy the assets of carrier Alitalia.
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Friday, 21 November 2008 |
An Argentine congressional committee has recommended the government nationalise flag carrier Aerolíneas Argentinas, a move tipped to increase tensions between the government and Spain's Grupo Marsan, which owns 95 per cent of the struggling airline.
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Friday, 21 November 2008 |
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Europe's Air France-KLM has posted a 44 per cent drop in operating profit for the second quarter and cut its full-year profit forecast.
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Maximus sells 95 per cent |
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Friday, 21 November 2008 |
Abu Dhabi Aviation has taken a 95 per cent stake in Maximus Air Cargo, the Middle East’s specialist heavy-lift airline.
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Boeing upbeat about future |
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Friday, 21 November 2008 |
Aircraft manufacturer Boeing says this year's commercial aircraft orders probably will be lower than in the three previous years, and 2009 orders also will probably decline, but the company remains upbeat about the future.
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Friday, 21 November 2008 |
An official report has identified 10 Brazilian government and airline officials as responsible for the country's worst air accident, when a passenger plane operated by the Brazilian airline TAM crashed into a building after veering off a Sao Paulo runway in heavy rain in July 2007 killing 199.
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