CHINESE privately owned Okay Airways has suspended all passenger flights following a flight ban from China's Civil Aviation Administration (CAAC), reports Logistics Week. Okay Airways chairman Wang Junjin filed an application to CAAC last month, requesting the regulator to authorise suspening Okay Airways passenger service because of its corporate gov...
DESPITE nine months of growth this year, the traffic slowdown at Frankfurt Airport has dropped off since October's 4.1 per cent to November's 8.2 per cent, cargo tonnage of 176,230 tons reports Newark's Journal of Commerce. The airport owner, Fraport AG, cited the global economic slump as the reason for such a lowering of tonnage to one million for 20...
SHENZHEN Airlines, China Eastern, Shanghai Airlines and Shangdong Airlines are launching regular services to Taiwan. Shenzhen Airlines has launched the first Shenzhen to Taipei cross-strait service and two services to Xian and Fuzhou from Changsha, reports Logistics Week. The Taipei flight ZH9095 with an airfare not less than CNY1,200 (US$175) dep...
Lufthansa Cargo AG is flexibly adapting capacity to declining demand. Freighter capacities are to be reduced by around ten per cent on 1 January 2009. Simultaneously, Lufthansa Cargo will reduce its cooperation with World Airways, which up to now has operated two freighters of the MD-11F type and a Boeing 747-400F for the crane airline. Those routes will ...
SAS has decided to reduce fuel surcharges with 3 EUR on domestic, intrascandinavian and European flights. On intercontinental flights the surcharges will be reduced by 5 EUR between Europe and USA/Asia. These changes will be valid as from December 19 and is motivated be a less volatile and lower oil price. At the same time the USD has strengthened a...
Mats Lönnqvist will assume the position of CFO and Deputy President of the SAS Group on January 1, 2009. He replaces Gunilla Berg, who has held the position since September 2002. Mats is 54 years old and has many years of experience as a CFO at such listed companies as Eniro, Esselte and Biacore. Mats Lönnqvist has broad experience of work as a CF...
The Federal Railroad Administration (FRA, UK) is moving forward with developing new rules that prescribe how railroads should implement Positive Train Control (PTC) systems to prevent train-to-train collisions, announced FRA Acting Administrator Clifford C. Eby. “We are acting quickly and without delay because railroads will need guidance on how to...
The Russian Register Certification Association has renewed the ISO 9001:2000 certificate of conformity of Volga-Dnepr Airlines for another three years, qualifying the company's quality management system to international standards. The quality audit, conducted from 30th September-2nd October, only identified four minor findings and following appropria...
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