Carriers

Delta posts Q4 loss of US$1.4 billion

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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 to 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 year and US$1 … [Read more...] about Delta posts Q4 loss of US$1.4 billion

Ethihad expands network to Turkey

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Etihad Airways is expanding its European services with the addition of its latest new route to Istanbul in Turkey. Turkey¡¯s commercial capital will initially be served four times a week from 2 June, expanding to five flights a week from October. The addition of Istanbul will bring to 13 the number of European cities served by Etihad. The new destination will increase the Abu Dhabi-based airline¡¯s global flight network to 54 cities and follows confirmation that Etihad will also begin … [Read more...] about Ethihad expands network to Turkey

Coyne appoints US GSA Air Logistics

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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 and the 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 Coyne … [Read more...] about Coyne appoints US GSA Air Logistics

China aims to up Pearl River Delta competitiveness

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The Chinese government has released its plan for the future development of that country's most prosperous region, the Pearl River Delta. Shenzhen, Guangzhou and the other cities of Guangdong have the greatest concentration of economic activity in China and Beijing has mapped out an ambitious plan to keep the economic export engine running smoothly. The ongoing global recession has underscored concern in China over how to maintain growth in the key export sectors of its economy. Faultering demand … [Read more...] about China aims to up Pearl River Delta competitiveness

Aer Lingus and UAL extend transatlantic tie-up

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Aer Lingus and United Airlines (UAL) have announced an extension of their code-sharing relationship on select long haul services between Europe and North America. The two said the new partnership will capitalise on the growth opportunities presented by the Open Skies agreement between the European Union (EU) and the United States (US) by opening new transatlantic non-stop services. The partners will launch service between Washington Dulles and Madrid, with daily operations from March 2010. It is … [Read more...] about Aer Lingus and UAL extend transatlantic tie-up

Lufthansa Cargo opts for Swissport in Amsterdam

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Airport ground and handling company, Swissport International has signed a cooperation agreement with Lufthansa Cargo to provide airfreight handling services for the partner airlines of the Lufthansa Cargo Group - including Jade Cargo - at Amsterdam Airport for the next three years. Swissport Cargo Services was selected following an extensive tender process, and should commence its new operations - including all of Lufthansa Cargo¡¯s airfreight and ramp handling needs - on 1 March. The annual … [Read more...] about Lufthansa Cargo opts for Swissport in Amsterdam