In its final report on BAA’s ownership of seven UK airports, the UK’s Competition Commission (CC) has stated that it will require BAA to sell both Gatwick and Stansted as well as either Edinburgh or Glasgow. It also stipulates that BAA must sell all three airports within two years. They are to be sold in sequence, beginning with Gatwick, then St...
SHANGHAI Airlines will start direct air services between Shanghai and Hanoi from March 27 using Boeing 727-800 planes, reports Logistics Week. The service is the second one launched into Vietnam after its Ho Chi Minh service and will deploy Boeing 737-800 aircrafts. Flight FM819 is scheduled to take off from Pudong at 2230 hrs on Tuesdays, Fridays and Sun...
People in Spain are furthermore enthusiastic about the Velaro E high speed train made by Siemens. According to the latest statistics of the Spanish Ministry of Transport, ridership has tripled due to use of the new high speed train. Since the Velaro E was commissioned on February 20, 2008, a total of 2.3 million passengers have traveled on the high speed AV...
Today, Tangshan Railway Vehicles Co. Ltd. (TC), Changchun Railway Vehicles Co. Ltd. (CRC), the Chinese Academy of Railways (CARS) and Siemens signed an extensive contract for the supply of 100 high speed trains. The Siemens share of the contract is worth around 750 million euros. “This new order from China is especially gratifying to us because togeth...
The European Investment Bank (EIB) will this year grant a significantly greater amount of loans to Croatia which amounted to EUR 170m last year. Among the bigger projects is financing of the construction of Zagreb Airport and investing into the railway sector, but they are not in a phase to be realised quickly. Croatia is intending to construct a low ra...
The BGL Association (Bundesverband Güterkraftverkehr Logistik und Entsorgung) sees the German road forwarding industry to lose 60,000 to 70,000 jobs by summer 2009. More than 50% of these job losses are expected to result from the increase in Germany's HGV toll on 1 January 2009. In H1 2009 almost 44% and 46% of the forwarders plan to cut their fleets...
The sixth and final Boeing [NYSE: BA] 787 Dreamliner designated for flight test is now undergoing final assembly in Everett, Wash. The airplane, designated ZA006, will be powered with General Electric GEnx engines. Progress continues on the fleet. The first flight test airplane, ZA001, is getting its paint touched up this week before finishing factory test...
V Australia has appointed Worldwide Flight Services (WFS) in Los Angles to provide cargo handling for its new Boeing 777-300ER flights from Sydney, Australia. The inaugural flight touched down in Los Angeles with a payload of 20 tonnes of cargo as well as a celebrity passenger list that included the airline Group’s co-founders, Sir Richard Branson a...
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