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European Union officials, burned by Europe's chaotic response to the ash clouds caused by a volcanic eruption in April, are fast-tracking plans to unify their patchwork air-traffic system, the Wall Street Journal reported. Unifying the 27-country bloc's national air-management systems under a project dubbed the Single European Sky is expected to cut f...
The British International Freight Association (BIFA), the trade association for UK forwarders, has welcomed the confirmation in yesterday's budget of the scrapping of backdated port rates demands. "The move signals a welcome break for Britain's hard-pressed international freight sector and leaves businesses at Britain's ports free to concentrate on f...
CHINA's decision to end the yuan's peg against the dollar stands to cut its aviation debt load, according to analysts at Hong Kong's CLSA Asia-Pacific Markets, reports the Wall Street Journal online. CLSA analysts said China's big three airlines carry most of their debt in dollars. "At China Southern Airlines, 69 per cent of the debt is in US dollar...
AIR shippers must prepare for earlier cargo cut-off times if goods are to be inspected before loading in bellyholds of passenger aircraft when stringent air cargo screening rules bite on August 1, say industry experts. American Airlines (AA) Cargo Division will demand customers tender their freight six hours - and not the four allowed today - before an ...
THE International Air Cargo Association (TIACA) has warned that a reported move by the UK government to replace the existing Airline Passenger Duty with a new per-aircraft flight fee would result in higher taxation across the air cargo supply chain, increased costs for manufacturers and consumers and bring no environmental benefit. TIACA is adding its v...
THOUSANDS of workers staged a nationwide one-day strike in France to challenge President Nicolas Sarkoz's plans to cut pensions and increase the retirement age, reported Irish state broadcaster Radio Telefis Eireann (RTE). Dockers union Federation Nationale des Ports et Docks-Confederation Generale de Travail (FNPD-CGT) is also supporting the strike ma...
The chief executive of Chile's flagship carrier LAN Airlines said he expects the company's cargo traffic to grow by 30 percent this year, Dow Jones reported. Despite his upbeat projections however, Enrique Cueto said that Latin America must liberalise and consolidate its airline industry. "We are small and tremendously fragmented," Cueto said. ...
British Airways (BA) said it had agreed a recovery plan for its US$5.5 billion pension deficit, potentially removing a final obstacle to its planned merger with Spain's Iberia, Reuters reported. BA and Iberia signed in April an $8 billion merger to create the world's third-biggest airline after months of negotiations during which the British 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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