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US airlines posted mixed results, with high fuel prices and the sputtering US economy posing obstacles to a recovery boosted by rebounding demand and higher fares, reported Reuters. US Airways reported its first profitable quarter in nearly three years, while American Airlines narrowed its quarterly loss. American is expected to be the only major US...
US AIRCRAFT manufacturer the Boeing Company predicts airlines will order 30,900 new commercial aircraft valued at US$3.6 trillion by 2029, according to its latest market outlook. "The world market is doing much better than last year but there are still challenges," Randy Tinseth, vice president of marketing for Boeing Commercial Airplanes, was quoted as...
DESPITE the rise of the MSCI (Morgan Stanley Capital International) Asia/Pacific index early this month of four per cent and analysts forecasting outperformance in the next 12 months on the back of strong global recovery, Asian airlines index has yet to outperform last year's 15 per cent increase. The airlines forecast for strong fourth quarter profit ...
LAP dogs with short faces as well as bigger bull dogs are prone to death during flights because of respiratory problems when in cargo holds where extreme cold and hot air conditions create difficulties in getting air to the lungs from shorter snouts. "We are not a veterinary agency, so we don't get into the reasons why these dogs face a higher risk," s...
UAL CORPORATION, the holding company whose primary subsidiary is United Airlines, reported its first quarterly earnings since 2007 with a net profit of US$430 million for the second quarter, excluding non-cash, net mark-to-market hedge gains and certain accounting charges. "We are pleased to report a significant net profit improvement in the quarter alo...
The Obama administration has given final approval on Tuesday to a bid by American Airlines, a unit of AMR Corp, and British Airways to broaden their transatlantic alliance, reported Reuters. The US Transportation Department said in a statement that it granted a waiver from antitrust law for the carriers in the Oneworld Alliance to coordinate scheduling,...
THE International Air Transport Association (IATA) has announced the standardisation of cargo liability limits, with the Air Waybill (AWB) Conditions of Contract (IATA Resolution 600b) which came into effect on July 1, after it was amended to harmonise the application of the Montreal Convention liability limit for all air cargo across all routes. This s...
MAINLAND China's largest private air carrier Hainan Airlines has started a door-to-door air truck intermodal service from Beijing to north eastern city Changchun and Shenyang, Xinhua reported. The first batch of cargo, weighing 2,500 kilogrammes, was transported to Changchun via the new service after flying from Hangzhou to Beijing. As the domestic...
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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