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The South Korean government said today that it plans to invest US$1.60 billion in the third-phase expansion of Incheon International Airport from 2011 to 2015. The investment, aimed at developing the airport into a Northeast Asian hub to meet rising demand, would be made by the state-owned airport and the Ministry of Land, Transport and Maritime Affairs...
RUSSIA's Volga-Dnepr Airlines has completed two AN-124-100 freighter flights from Vatry in France to Dakar, Senegal, carrying theatrical stage and sound equipment for large-scale Festival Mondial des Arts Negres. The flights were accomplished within the framework of Ruslan International - the joint venture established by Volga-Dnepr and Antonov Airline...
GREENWICH, NY-based Aircastle Limited, a company that acquires, leases and sells aircraft, has delivered Boeing 747-400s through an affiliate to Russia's AirBridge Cargo Airlines and South Korea's Asiana Airlines. "We're pleased to have completed the purchase of these two modern freighter aircraft and to have delivered them to two of the world's lea...
MUMBAI air cargo complex has experienced a slowdown after customs introduced a new electronic system to clear international cargo, reports the Indian Express. Cargo agents say the backlog of uncleared imports at the air cargo complex has now reached 3,500 tonnes against 2,500 tonnes that the complex handles daily. A backlog of around 1,000 tonnes de...
Aeroflot-Russian Airlines has fired deputy chief executive Vladimir Smirnov following the recent stranding of several thousands of travelers at airports in Moscow, Bloomberg News reported. Smirnov was dismissed due to "failures that provoked disruption of the company's work between December 26 and December 29," Aeroflot, Russia's biggest carrier, said...
Turkish Airlines, Turkey's national carrier, plans to boost its sales to US$8 billion this year, and raise passenger numbers to 35 million. "We will operate 180-200 planes by the end of 2011. We target 27 percent growth, $8 billion revenue," Turkish Airlines chairman Hamdi Topcu told the Dunya newspaper. The company's nine-month 2010 sales were 6....
The world's air carriers will post a 2010 profit of US$15.1 billion, despite slowing demand in the last quarter, predicts the International Air Transport Association (IATA). November saw traffic growth slow from the 10 percent increase recorded in the passenger business and the 14.5 percent growth in freight in October. The slowdown in 2010 is part...
Sharjah-based Gulftainer has been recommended by DNV for certification to ISO 9001:2008, ISO 14001:2004 and OHSAS 18001:2007. The scope of the certification covers Port Management and Operations Services, including associated services such as Container Repair, Transport, Logistics and Logistics Centres Management/ Operations, Freight Forwarding and Cont...
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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