British Airways last month announced it has set aside 350 million pounds (US$690 million) to settle charges that it fixed air-cargo prices with other airlines. Europe’s third-largest carrier, which is being investigated by the UK and the US for alleged price fixing on fuel surcharges, after British investigators were tipped off by rival Virgin Atlantic, admitted there had been “breaches” in its compliance with anti-trust regulations as its operating profit in fiscal 2007 … [Read more...] about EUROPE: BA admits to price fixing charges
Airports
EUROPE: Etihad starts freighter to Hahn
Etihad Crystal Cargo last month operated its maiden A300-600RF freighter flight from Abu Dhabi to Frankfurt-Hahn. The new service will be operated four times per week, offering a cargo capacity of up to 44 tonnes. Picture shows the cake-cutting ceremony on arrival which was attended (from left to right) by Ute Rabenberg, business manager of Advanced Cargo Logistic (ACL), Etihad’s ground handling agent at Frankfurt-Hahn airport; David Ambridge, cargo warehouse manager, Etihad … [Read more...] about EUROPE: Etihad starts freighter to Hahn
MIDDLE EAST: Swift expands facilities in JAFZA, DLC
Dubai-based freight forwarder and logistics provider Swift Freight International said it has reserved 28,800 sq m in Dubai Logistics City for a purpose built logistics centre. Swift will also have an additional 25,000 sq m airside facility at the new World Central Airport. The company said in a statement that the Swift 5 logistics centre, located in Jebel Ali Free Zone, is being built to provide an additional dry storage area of 5,450 sq m, with over 12,500 pallet positions and variant … [Read more...] about MIDDLE EAST: Swift expands facilities in JAFZA, DLC
MIDDLE EAST: Dubai to Host FIATA World Congress 2007
The 2007 FIATA World Congress will be held from October 18-22 at the Grand Hyatt in Dubai and will be hosted by the National Association of Freight and Logistics (NAFL). Dubai is a rapidly growing city that sits at the crossroads of world trade and transport, offering congress delegates ease in air connectivity, a multitude of business opportunities and myriad leisure and social activities. FIATA (International Federation of Freight Forwarders’ Associations) is the world’s … [Read more...] about MIDDLE EAST: Dubai to Host FIATA World Congress 2007
INDIA: Jet Airways in cargo tie-up with Lufthansa
Jet Airways is planning to launch a dedicated cargo airline by the yearend, according to a report in The Indian Express newspaper which quotes the Indian carrier’s chairman, Naresh Goyal. “We are in discussion with Lufthansa (on this) and expect to make an announcement as soon as the network, facilities, distribution, sales, fall in place,” Goyal said. A Lufthansa Cargo spokesman confirmed that negotiations were taking place with Jet Airways but said he could not … [Read more...] about INDIA: Jet Airways in cargo tie-up with Lufthansa
JAPAN: ABX Air operates freighters for ANA
ABX Air has entered into a two-year ACMI agreement to operate two 767- 200 freighters to support All Nippon Airways’ cargo operations in Japan, China and Thailand. This agreement marks the first time that the Japanese Civil Aviation Bureau (JCAB) has approved a foreign carrier to conduct cargo aircraft operations on behalf of a Japanese airline. Revenue from this ACMI agreement is expected to be approximately $22 million on an annualised basis for the two aircraft. ABX Air … [Read more...] about JAPAN: ABX Air operates freighters for ANA