Budapest public transport company (BKV) is going to sell the old USSR made metro trainsets, which are to be replaced with the new Alstom units. BKV wants to sell 56 cars. In 2003 BKV modernised 45 of the old cars, made in 1970s. The first cars arrived to Budapest in January 2009. Since May they were tested. They were assembled in Alstom's Polish plant in...
CONTINENTAL Airlines has reported a second quarter net loss of US$213 million with cargo revenue declining 37.9 per cent ($50 million) year on year because of reduced demand and lower pricing. Second quarter passenger results were hit by declines in high yield business class travel and in lower yield economy tickets sales due to the weakened economy, said...
HONG KONG's Dragonair has upgraded the frequency of its services to Dhaka and Kathmandu, offering a greater number of flights each week to and from Nepal, starting October 1. Night flights to Kathmandu from Hong Kong and the returning early morning flights from Kathmandu will both operate via Dhaka in Bangladesh. The Hong Kong and Kathmandu service...
HONG KONG Air Cargo Terminals Limited (Hactl) has announced the completion of the construction of three external canopies to enhance air cargo protection. "Air cargo tends to be more high-value and airside canopies will bring improved weather protection," said Hactl service delivery director Kenneth Bell. "We are determined that the current difficult...
THE outlook for the container shipping sector in 2010 is said to remain cautious, despite economic indicators pointing to a recovery in the world economy next year, according to analyst reports surveyed by Reuters. A combination of factors including uncertainty over the pace of world economic recovery, weak freight rates, poor demand on all trade lanes,...
Budapest public transport company (BKV) is going to sell the old USSR made metro trainsets, which are to be replaced with the new Alstom units. BKV wants to sell 56 cars. In 2003 BKV modernised 45 of the old cars, made in 1970s. The first cars arrived to Budapest in January 2009. Since May they were tested. They were assembled in Alstom's Polish plant in...
Peter Weir, Senior VP of the world's largest trade-only airfreight wholesaler AMI, is relocating from the UK to the USA as part of the company's strategic plan to develop its presence in this major market. He retains the same position, and the same global responsibilities. AMI offers below-airline rates and reduced minimum charges to its agent customers...
Boeing forecasts that over the next 20 years the Indian market will require 1,000 commercial jets valued at approximately $100 billion - a market that represents over 3 percent of Boeing Commercial Airplanes’ forecasted market worldwide. Boeing India President Dinesh Keskar shared the company’s market data and forecast today at a media conferen...
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