Air India's attach notice threat over tax bill

Air Cargo News  2012-04-11 00:00:00

CUSTOMS officials reportedly temporarily seized Air India's cargo over an unpaid foreign travel tax bill.

Garuda aircrafts to hold more cargo

Air Cargo News  2012-04-10 00:00:00

GARUDA Indonesia reveals plans are afoot to expand belly capacity in its passenger aircrafts to exploit growing demand for air cargo.

KLM's cargo handling falls 3.4 per cent

Air Cargo News  2012-04-10 00:00:00

FRANCO-Dutch airline Air France-KLM says its cargo traffic dropped by 3.4 per cent in March.

'Merchant of Death' sentenced to 25 years

Air Cargo News  2012-04-10 00:00:00

A US court sentenced infamous arms dealer Viktor Bout to 25 years in prison yesterday. Bout shouted "It's a lie!" during his prosecutor's final address.

FedEx expands Nordic freighters

Air Cargo News  2012-04-06 00:00:00

FEDEX Express is introducing four 757 freighters to its base in Oslo (Norway).

SASI adds talent to team

Air Cargo News  2012-04-05 00:00:00

STRATEGIC Aviation Solutions International (SASI) has recruited two new senior advisors.

Southern expands with extra 777Fs

Air Cargo News  2012-04-05 00:00:00

SOUTHERN Air has added two more 777 freighters to fleet. The carrier will take delivery of its fourth on 25 April.

ECS invests in new African cargo airline

Air Cargo News  2012-04-05 00:00:00

ECS Group, a leading France-based general sales and services agency, has purchased a controlling stake in Niger Air Cargo.

Night-flight ban 'a blow' to German business

Air Cargo News  2012-04-05 00:00:00

LUFTHANSA has warned Germany will lose ground to its competitors in the air cargo industry as a result of the night-flight ban imposed on Frankfurt Airport.

Saudi Airlines Cargo moves into Ghana

Air Cargo News  2012-04-04 00:00:00

SAUDI Airlines (Saudia) Cargo has given a boost to Ghana's airfreight industry with a weekly freighter flight to Accra using its 747 freighters.

Global cargo traffic rises 5.2 per cent

Air Cargo News  2012-04-04 00:00:00

THE International Air Transport Association (IATA) reveals there was a 5.2 per cent rise in cargo traffic in February compared with last year.

Frankfurt night-flight ban upheld, LH shares drop

Air Cargo News  2012-04-04 00:00:00

GERMANY'S highest court has upheld Frankfurt Airport's night-flight ban. Lufthansa's shares immediately fell 2.4 per cent at the news; Fraport's fell 1.1 per cent.

Cargolux 'cautious' after US$18.3m loss

Air Cargo News  2012-04-04 00:00:00

THE chairman of Cargolux - Europe's largest all-cargo airline - says he is "expecting trading conditions to remain more than challenging" this year after the carrier reported a net loss of US$18.3m in ...

US bans Iranian cargo airline

Air Cargo News  2012-04-03 00:00:00

THE US government has slapped sanctions on an Iranian cargo airline, three Iranian military officials and a Nigerian shipping agent over their alleged involvement in arms exports.

Cathay increases e-AWB coverage

Air Cargo News  2012-04-03 00:00:00

CATHAY Pacific is rolling out electronic air waybills (e-AWB) for all airfreight in Singapore and Malaysia.

Rail and fuel drain China Eastern profits

Air Cargo News  2012-04-03 00:00:00

CHINA Eastern Airlines' net profit for 2011 fell 7.7 per cent to CNY4.58bn (US$727m), from 2010's CNY4.96bn ($788m).

Lukewarm response to UK's new price-fixing body

Air Cargo News  2012-04-03 00:00:00

ANTI-trust lawyers and business people are accusing the UK government of 'widening the goal posts' with its new regulating body, allowing it to more easily prosecute people for price-fixing.

IAG gets green light for bmi purchase

Air Cargo News  2012-04-02 00:00:00

THE European Commission (EC) has given its approval for International Airlines Group's (IAG) to buy bmi from Lufthansa. IAG will then be made up of British Airways (BA), Iberia and bmi.

Signs of budding recovery for Asia-Pacific?

Air Cargo News  2012-04-02 00:00:00

PRELIMINARY traffic figures for February show some growth for air cargo markets.

Agility 'resets' financial baseline

Air Cargo News  2012-04-02 00:00:00

KUWAITI logistics company, Agility, reported a net profit of KD3.5m (US$12.6m) for the fourth quarter of 2011, although revenue fell five per cent, to KD352m ($1.26bn).

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