Following the start of weekly services to Miami in April of this year, Cargolux Airlines International S.A., Europe’s largest all-cargo airline, added a second weekly frequency to Miami, with continuation to Houston, operational since 24 July. On board Cargolux’s B747-400 freighters to Miami – Houston, is mostly machinery, oil well equipment and automotive parts are loaded, contributing to the growth of local industries. Importantly, Cargolux will offer connections on … [Read more...] about Europe/ CIS: Cargolux adds second Miami frequency
Carriers
Europe/ CIS: Lufthansa to take over Brussels Airlines
Lufthansa will take over Brussels Airlines, the carriers announced recently, in a deal that potentially values the Belgian carrier at €250 million (US$355.6 million) and could pave the way for its entry into Star Alliance. In a first step, LH will take a 45 per cent “strategic” stake in Brussels Airlines parent SN Airholding for €65 million. It will have the option of acquiring the remaining 55 per cent from 2011. The two-phased agreement is dependent upon approval of … [Read more...] about Europe/ CIS: Lufthansa to take over Brussels Airlines
Europe/ CIS: Alitalia rescued from death throes
The last unions holding out against a deal to salvage beleaguered Italian national carrier, Alitalia agreed late last month to a plan which will see the bankrupt airline’s assets to a group of Italian investors. The breakthrough with the AVIA and SDL unions, which represent mostly fl ight attendants, came after a meeting with the investors and government offi cials, the premier’s office said. All nine Alitalia unions are now on board. Pilots, who had been resisting the deal, … [Read more...] about Europe/ CIS: Alitalia rescued from death throes
Middle East: Etihad enjoys good passenger volumes
Etihad Airways has enjoyed its busiest summer period in its four year history with more than 1.6 million passengers flying onboard the Abu Dhabi-based airline’s flights during the months of June, July and August, the carrier said. The summer months also saw Etihad flights operate at an average of 83 per cent full, an increase of 46 per cent on the same period from the year before. Etihad has now flown more than four million passengers across its network of 48 destinations so far in … [Read more...] about Middle East: Etihad enjoys good passenger volumes
Middle East: New codeshare between Etihad and Malaysia Air
Etihad Airways has signed a new codeshare agreement with Malaysia Airlines. Under the deal, the Abu Dhabi-based airline will place its two-letter ‘EY’ code on Malaysia Airlines’ flights between the country’s capital city, Kuala Lumpur, and Kota Kinabalu, Penang, Kuching and Langkawi. In turn, Malaysia Airlines will place its ‘MH’ code on services operated by Etihad between its home base of Abu Dhabi and Bahrain, Doha and Muscat in the Gulf region. The … [Read more...] about Middle East: New codeshare between Etihad and Malaysia Air
Middle East: Qatar’s freight business sees healthy growth
Qatar’s freight transport business will grow at an average 8.1 per cent annually up to 2011, according to a recent study entitled Qatar Freight Transport Report, by global emerging markets specialist Business Monitor International (BMI). On the edge of a new gas-led export boom, and with fairly open markets, Qatar leads the Middle East and Africa freight transport business environment ranking with a score of 46, compared to a “theoretical maximum” of 70 and a regional … [Read more...] about Middle East: Qatar’s freight business sees healthy growth
