Media
Media
MALAYSIA's cargo airline Transmile is to sell four MD-11Fs in a MYR208.9 million (US$68 million) aircraft deal with FedEx, reports the Malaysia Star. The funds are earmarked to settle outstanding debt obligations as of September 30, amounting to MYR528.9 million, said Kenanga Investment Bank on the air carrier's behalf. "The proposed disposal is e...
THE combined consolidated revenue passenger miles of United and Continental airlines in December increased 1.4 per cent over December 2009 on a consolidated capacity increase of 2.3 per cent. But their combined load factor fell 0.7 points from December 2009, parent United Continental Holdings has reported. The two airlines' December 2010 consolidat...
CHINA Postal Airlines, the China Post carrier, has become the first mainland company to launch an air cargo route between south eastern city Fuzhou to Taipei's Taoyuan International Airport, Xinhua reports. The airline held a maiden flight ceremony for the twice-weekly service at the Fuzhou Changle International Airport, using Boeing 737 aircraft under...
BRAZILIAN aircraft maker Embraer has agreed to sell 10 of its best-selling commercial aircraft to the leasing unit of China Development Bank in a deal worth about US$400 million. Deliveries are expected to begin in the second half of the year, Embraer said in a statement. CDB Leasing will lease the ERJ-190 jets to China Southern, China's biggest airlin...
The Justice Department began a preliminary probe in November into possible improper cooperation by delivery giants United Parcel Service Inc (UPS) and FedEx Corp aimed at freezing out third-party shipping negotiators and consultants, reported Dow Jones Newswires. Both companies have denied the allegation, which is outlined in a pending lawsuit that was ...
DHL has launched anew door-to-more service for customers in Philippines seeking an elegant one-stop solution for complex international distribution, reported Manila Bulletin. Launched by its Global Forwarding division, the new service helps customers consolidate their international shipments, and clear them as a single shipment through Customs. Upon...
A THIRD aviation accident occurred in Alaska in a week, and again no one was hurt, reports the Alaska Dispatch. The accident happened in the southwestern Alaska village of Kipnulk, following a crash in New Stuyahok and another one in Platinum, more than 100 miles south of Bethel, earlier in the week. "On January 6 about 1:47pm, Alaska State Troopers...
AIR INDIA, after failing to return to the black through restructuring, is facing a fate to be reorganised by the Board for Reconstruction of Public Sector Enterprises (BRPSE), reports India's Economic Times. The airline suffered a net loss of INR5.5 trillion (US$1.2 billion) in 2009-10. With an addition to INR7.1 trillion losses in 2008-09, the airline...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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