Air Transport Services Group, Inc., a diversified family of air cargo related businesses, today reported a sharp increase in net income for its second quarter ended June 30, 2009. ATSG earned $8.1 million, or 13 cents per common share, for the quarter ended June 30, 2009, compared with a net loss of $526,000, or one cent per common share, in the second qu...
Kongsberg Automotive has won one of its biggest and most important nominations ever with one of the world's largest manufactures of commercial vehicles in the heavy duty truck segment. The value of the nomination is estimated to be at a level of up to 550 MNOK / 65 MEUR, and the nomination is for 6 years. The production may continue even after that period....
Denmark's newly started green transport centre (Center for grøn Transport) will start its first projects in the fall of 2009. Projects on a large-scale will be started in 2010. The centre has received more than DKK 500mn (EUR 67.13mn USD 96.40mn) for projects that are to make cars, buses and trucks more environment friendly, according to Logistics F...
Salzburg crane and hydraulic systems manufacturer Palfinger is to hold a 51 per cent share in a new joint venture in Russia, Austrian Times reported. The firm said its new partner as Kraft Invest Group, which has been active in the construction-machinery sector in Russia for 16 years. Palfinger said the Russian market had enormous potential and its turno...
UK-based RDC Aviation published a comprehensive guide to the percentage share of airline CO2 emissions for EU countries for June 2009, according to ATWOnline. The UK is out in front, accounting for 25%, followed by Germany with 18% and France 13%, Spain 12% and Italy 8%. Not surprisingly, London Heathrow is the major airport for CO2 emissions - almost doubl...
The Kosovo authorities have announced a tender procedure for the Kosovo international airport, effective from August 10. "Companies willing to participate in the bidding process may register until September 23," media reports have said. Among the requirements put forward by the authorities are that the company must invest at least 85 million euro in the c...
Dragonair has appointed Ms Christine Liu in the dual role of General Manager Inflight Services and General Manager International Affairs. Ms Liu, who took up the two posts on August 10, oversees the airline’s international affairs issues as well as all matters relating to inflight services including cabin crew management, inflight catering and infligh...
The Aug. 31 deadline for operators into the EU to submit their monitoring plans under the Emissions Trading System has been thrown into confusion by the UK's announcement that it does not have "a firm and agreed list" of operators to be regulated by each member state. According to Eco-Aviation Today, the list was "originally scheduled to be published in ...
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