The US National Transportation Safety Board, continuing its investigation into the cause of the 15 January ditching of a US Airways A320 into the Hudson River in New York City, said the left engine was found to contain bird remains. The right engine was earlier judged to contain organic material confirmed as bird remains. … [Read more...] about NTSB confirms bird remains in US Airways’ engines
Carriers
Australia competition watchdog fines three more carries
In the latest development revolving around the global air cargo price fixing scandal, Australia's competition watchdog has sued three more airlines over allegations they were involved in price-fixing. Air France-KLM, Martinair and Cargolux have joined Singapore Airlines, Qantas Airways and British Airways over the same allegations made by the Australian Competition and Consumer Commission. The three have agreed to pay fines, with Cargolux saying it has agreed to fines of A$5 million (€2.6 … [Read more...] about Australia competition watchdog fines three more carries
DHL forecasts 20% cargo drop, 1st improvement 2010
The head of DHL Global Forwarding (DHL GF), the world's largest forwarder, said the company expects shipping volume - both air and ocean shipments - around the world to decline 20 per cent in the first half of 2009 and 10 per cent for the full year, based on ongoing shipment data this year and reports from customers. Hermann Ude, chief executive officer of DHL Global Forwarding and Freight, said business out of Asia is particularly weak, with exports from China and Hong Kong, leading the … [Read more...] about DHL forecasts 20% cargo drop, 1st improvement 2010
NTSB confirms bird remains in US Airways' engines
The US National Transportation Safety Board, continuing its investigation into the cause of the 15 January ditching of a US Airways A320 into the Hudson River in New York City, said the left engine was found to contain bird remains. The right engine was earlier judged to contain organic material confirmed as bird remains. … [Read more...] about NTSB confirms bird remains in US Airways' engines
China air traffic growth slows to single digits
China's air travel growth fell into single digits, the first time in five years, as a slowing economy hit air travel demand, according to official data. Chinese carriers handled 4.03 million tonnes of cargo last year, up 0.3 per cent from a year earlier, and 191.91 million passengers last year, up 3.3 per cent from 2007, the Civil Aviation Administration of China said on its website. Passenger traffic in December rose 8.2 per cent to 15.67 million, but freight volume fell 15.2 per cent to … [Read more...] about China air traffic growth slows to single digits
China Eastern: breakeven 2010, profit 2011
China Eastern Airlines is targeting a breakeven 2010 and a profitable 2011, newly appointed Chiarman Liu Shaoyong said this week, adding that the carrier is open to consolidation and a potential merger with Shanghai Airlines. The carrier hopes to offset the impact of heavy losses for 2008 by selling off its stakes in certain units and cutting orders for new planes, the Wall Street Journal reported. Liu Shaoyang, the company chairman, admitted that the chances of turning a profit this year are … [Read more...] about China Eastern: breakeven 2010, profit 2011