Airport ground handling firm Swissport International, a unit of Spain’s Grupo Ferrovial is pulling out of Singapore’s Changi Airport after chalking up losses of more than S$50 million (US$33.6 million) since starting up operations at Changi in 2005. Swissport’s Singapore operation was not of sufficient size to ensure profi tability, Swissport said in a statement. The Civil Aviation Authority of Singapore (CAAS) said it had awarded Changi Airport’s third ground … [Read more...] about Swissport pulls out of Changi
AMERICAS: Multiple bird strikes force controlled ditching
A US Airways A320 with 164 passengers and five crew went down in the Hudson River, near midtown Manhattan shortly before 3:45 pm, after departing New York’s LaGuardia airport. Th e pilot is said to have reported multiple bird strikes after flying through a flock of Canadian geese. All aboard evacuated the aircraft successfully after the pilot executed an emergency water landing in the river in what is the first controlled ditching of a US commercial aircraft in more than 50 … [Read more...] about AMERICAS: Multiple bird strikes force controlled ditching
AMERICAS: Coyne appoints US GSA Air Logistics
Coyne Airways has appointed Air Logistics as its general sales agent in the US to increase its share of air cargo shipments to the Caspian region andthe Middle East. Air Logistics is now responsible for all US sales for Coyne Airways with the exception of Virginia, West Virginia, Washington DC, Pennsylvania, Maryland and Delaware - where Coyne will continue its sales and marketing activities with Ray Wach, who has represented Coyne in this region since April 2005. Larry Coyne, CEO of … [Read more...] about AMERICAS: Coyne appoints US GSA Air Logistics
AMERICAS: Mexicana appoints GSA for new London service
Mexicana has appointed Globe Air Cargo as its exclusive general sales agent in the UK to market capacity on its new, direct flights from London Gatwick to Mexico City. The Mexican airline commenced twice-weekly flights from London on 18 January to Mexico City’s Benito Juarez Airport using Boeing 767-200 aircraft. The Th ursday and Sunday departures each provide up to seven tonnes of cargo capacity. Next month the airline is due to increase frequencies on the route to four services a … [Read more...] about AMERICAS: Mexicana appoints GSA for new London service
AMERICAS: 4Q loss for Southwest Airlines
Southwest Airlines has reported a fourth quarter loss of US$56 million, in part due to losses resulting from its fuel-hedging strategy. Th is compares with a gain of US$111 million in the same period a year earlier. Southwest paid 23 per cent more for fuel than ayear earlier. … [Read more...] about AMERICAS: 4Q loss for Southwest Airlines
AMERICAS: Delta posts Q4 loss of US$1.4 billion
Delta Air Lines lost US$1.4 billion in the fourth quarter of 2008, including a massive one-time special charge related to its merger with Northwest Airlines,along with losses from fuel hedges. But the carrier is confident next year will be better, with chief executive Richard Anderson saying he expects that Delta will be “solidly profitable in 2009 driven by lower fuel costs, capacity discipline, and merger synergies.” Delta expects to save US$5 billion on fuel costs this … [Read more...] about AMERICAS: Delta posts Q4 loss of US$1.4 billion
