Air Cargo

US Airways ends UAL merger talks; Continental looms

AJOT | April 25, 2010 | Air Cargo

US Airways Group Inc said it dropped out of merger talks with United Airlines parent UAL Corp, perhaps clearing the way for UAL and Continental Airlines Inc to combine in what would be the world's largest airline.

UAL and Continental are in t Read More »

Singapore Air says lost S$40 mlllion in revenue from volcano

AJOT | April 25, 2010 | Air Cargo

Singapore Airlines, the world's second largest airline by market value, said air travel disruptions in Europe had resulted in S$40 million ($29.11 million) revenue loss from cargo and passenger operations. Read More »

SWISS extends agreement with Traxon Europe

AJOT | April 25, 2010 | Air Cargo

Traxon Europe, the international provider of electronic communication solutions for the airfreight industry, will become Swiss WorldCargo's exclusive provider of EDI messaging services as of May 01, 2010. The contract gives Swiss WorldCargo access to the Read More »

Air China Q1 net doubles as air traffic rebounds

AJOT | April 25, 2010 | Air Cargo

Air China , the country's flag carrier, said its first-quarter earnings more than doubled as the domestic air travel market rebounded strongly with the recovering economy.

Air China's outlook is expected to remain bright for the rest of the y Read More »

Ash cloud disrupts Asia’s links to global supply chain

AJOT | April 25, 2010 | Air Cargo

Airspace closures caused by a giant ash plume from an Icelandic volcano have disrupted high-end Asian exports and frozen air cargo services, posing formidable obstacles for manufacturers still eyeing recovery.

The ash has grounded planes acro Read More »

DHL Express deliveries never stopped during EU airspace shutdown

AJOT | April 25, 2010 | Air Cargo

DHL Express, a unit of global logistics company Deutsche Post DHL, continued to operate in Europe throughout the air traffic shutdown by activating its contingency plans immediately after the volcano eruption.

DHL routed additional flights from its U. Read More »

EU set to decide on BA, American, Iberia by July

AJOT | April 25, 2010 | Air Cargo

EU regulators will decide by July whether to clear or block a plan by British Airways , American Airlines and Iberia to deepen their Oneworld alliance, the EU's antitrust chief said.

The European Commission is reviewing the results of a marke Read More »

Europe ash cloud dents Gulf Arab luxury food supply

AJOT | April 25, 2010 | Air Cargo

A Gulf Arab airline ditched a massive cargo of fresh fish and the desert region's supermarkets are fretting over fruit and vegetable imports trapped in a backlog of flights created by Europe's ash cloud.

As European air space reopens to fligh Read More »

Airline mergers would dwarf solo-flyer Continental

AJOT | April 18, 2010 | Air Cargo

A merger between United Airlines and US Airways would leave Continental Airlines in a tough spot, facing what some analysts called bleak prospects of flying solo among far-larger rivals.

If United, a unit of UAL Corp, and US Airways merged, t Read More »

Airline consolidation no silver bullet says AMR CEO

AJOT | April 18, 2010 | Air Cargo

Consolidation is no "silver bullet" for what ails the airline industry, but mergers are inevitable and the business would benefit from a smaller number of carriers, the chief executive of American Airlines parent AMR Corp.

Speaking at a media Read More »

Leisure Cargo Spain focuses on USA for new Air Europa flights

AJOT | April 18, 2010 | Air Cargo

Air Europa, Spain's second largest carrier, has started four-times-weekly flights from Madrid to Miami, with connections to several destinations in the USA, Central America and the Caribbean.

The new service, employing A330-200 aircraft with Read More »

Air France-KLM March cargo increases 2.1 pct

AJOT | April 18, 2010 | Air Cargo

Air France-KLM cargo, which closely tracks trends in the economy, saw a 2.1 percent rise in traffic on 11.8 percent lower capacity.

The load factor -- or proportion of available space sold in passenger jet cargo holds and dedicated freighters Read More »

China Southern sees better 2010, gains from yuan rise

AJOT | April 18, 2010 | Air Cargo

China Southern Airlines, the country's top carrier by fleet size, sees double-digit growth in passenger and cargo volumes this year and will benefit from a rising Chinese yuan, senior executives said.

"The market this year is definitely bette Read More »

Korean Air profit soars; sees record earnings in Q3

AJOT | April 18, 2010 | Air Cargo

Korean Air Co. expected to beat its 2010 profit target on growing shipments of technology products, increased transit passenger numbers and plans to boost international routes.

The top airliner in South Korea predicted its July-September prof Read More »

Labor strife clouds possible USAir/United merger

AJOT | April 18, 2010 | Air Cargo

Dissatisfied pilots and other workers would be the biggest obstacle to the success of any merger that may follow talks between United Airlines, a unit of UAL Corp. and US Airways.

Labor and industry analysts and other experts are scratching Read More »

IATA chief says more airline mergers a must

AJOT | April 18, 2010 | Air Cargo

Further mergers among airlines are essential in order to cut costs and improve competitiveness in an industry seen sustaining combined losses of $2.8 billion this year, the head of airline industry body IATA said.

"Mergers and consolidation i Read More »

Branson slams EU Commission over tie-up

AJOT | April 18, 2010 | Air Cargo

The founder of Virgin Group , Richard Branson, has slammed the European Commission's handling of a proposed tie-up between British Airways and American Airlines in an interview. Read More »

United Air at center of potential merger hookups

AJOT | April 18, 2010 | Air Cargo

United Airlines is now in separate merger talks with Continental Airlines Inc and US Airways Group Inc for the second time in two years as carriers feel pressure to further cut capacity, build revenue and accelerate the industry's recovery.

W Read More »

AirBridgeCargo fleet grows to 9 freighters with 2 new B747-400

AJOT | April 18, 2010 | Air Cargo

Less than two weeks after taking delivery of its fifth Boeing 747-400, AirBridgeCargo Airlines (ABC), the scheduled cargo subsidiary of Volga-Dnepr Group and Russia's largest international cargo carrier, has added a sixth B747-400ERF, increasing its total Read More »

Hactl announces throughput for the first quarter of 2010

AJOT | April 18, 2010 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) announced its tonnage throughput for March and the first quarter of 2010. A total of 244,087 tons were handled in March, representing a year-on-year growth of 30.8%. Tonnage throughput in the last week of Mar Read More »