Qantas has admitted its guilt to illegally fixing air cargo freight surcharges to the Australian competition regulator. The airline agreed to pay a A$20 million fine and apologised “unreservedly” for illegally ramping up its freight charges in concert with other international airlines between 2001 and 2006. The airline previously admitted its guilt to the US Department of Justice and paid a US$61 million criminalfine last November. … [Read more...] about Qantas
Carriers
Emirates
Emirates president Tim Clark expressedconfidence that his airline will post a profit in the current financial year ending31 March, “but maybe we won’t be asprofitable as we might like,” he said. Clarksaid EK will take delivery of new aircraft asscheduled “assuming my friends at Boeingend the strike” and continue to increaseproduction, although it is consideringadding fewer new destinations thanplanned. … [Read more...] about Emirates
Norwegian
Norwegian reported a NOK414.4 million (US$59.1 million) profit in the third quarter, more than five times greater than the NOK76.3 million posted in the year-ago period, which it called its “best result” in its six years as an independent European carrier. “The demand for tickets has so far not been affected by the turmoil in the global financial markets. However, future demand is dependent on sustained consumer and business confidence in ourkey Scandinavian markets,” it … [Read more...] about Norwegian
Boeing
Boeing and the International Association of Machinists and Aerospace Workers reached tentative agreement on a new four-year contract covering 27,000 employees in Washington, Oregon and Kansas. Union leadership is recommending that employees vote to ratify the contract. The company retained the flexibility necessary to manage its business, while making changes to the contract language to address the union’s issues on job security, pay and benefits. The offer provides general wage increases … [Read more...] about Boeing
Schenker adds HK to paper-free target
Schenker Australia has added Hong Kong to destinations using paper-free airfreight shipments from Australia. Last month the company successfully completed first trial shipments with electronic freight documentation on the routes Sydney-Singapore-Sydney with Singapore Airlines and Sydney-Hong Kong-Sydney with Qantas. IATA e-freight is a global project designed to eliminate the need for up to 38 paper documents that accompany air freight shipments. “This is the beginning of a new era … [Read more...] about Schenker adds HK to paper-free target
Europe & CIS : EU-India sign civil aviation agreement
At the EU-India Summit in Marseille, a Horizontal Aviation Agreement was signed which will restore legal certainty to the bilateral air services agreements between India and EU Member States andreinforce EU-India aviation relations. Vice-President Antonio Tajani said: “The agreement signed today is good news for Indian and EU airlines and passengers as it removes the legal uncertainty from the bilateral air services agreements. But equally important, it represents a very significant … [Read more...] about Europe & CIS : EU-India sign civil aviation agreement
