Delta Air Lines Inc has announced its departure from its US cargo joint venture with Air France-KLM and Korean Air as of January. The move follows Delta's decision to merge with US rival Northwest Airlines. The cargo joint venture has annual turnover of US$500 million. Air France and Korean Air will continue with the the joint venture. … [Read more...] about Delta Air Lines quits US cargo joint venture
Carriers
Qantas, BA target US$500 million annual synergies
Qantas Airways Ltd and British Airways PLC are targeting annual synergies of at least US$500 million by 2010 as part of their merger discussions, the Australian Financial Review reported. Qantas Airways British Airways are in talks about a potential merger as airlines explore consolidation in a bid to mitigate the deepening economic downturn. Qantas confirmed on Wednesday it was exploring a potential merger via a dual-listed company structure after a similar announcement earlier by BA that sent … [Read more...] about Qantas, BA target US$500 million annual synergies
ACI reports dissmal Oct '08 traffic
The downward spiral for passenger traffic has eased seomwhat according to ACI's latest statistics, with international traffic growth down by a milder 1.4 per cent relative to Oct '07, whereas global traffic remained depressed at -3.4 per cent due to poor domestic results worldwide down on average by 5 per cent. Growth in the first ten months of the year is flat at -0.6 per cent. Global freight growth results are worse off however, with total freight handled worldwide in Oct '08 down by 7 per … [Read more...] about ACI reports dissmal Oct '08 traffic
AA ups max weight for packages as it covets higher-yield
American Airlines (AA) is targeting higher-yield traffic by increasing the weight limit for its small package shipments. The ceiling for its Priority Parcel Service (PPS) has gone up from 70 pounds (31.8 kilograms) to 100 pounds. PPS traffic moves on the next flight out and requires no advance booking and the carrier sells the product via ticket counters, cargo terminals and dedicated PPS facilities to courier companies and commercial shippers and consumers. The higher weight limits apply only … [Read more...] about AA ups max weight for packages as it covets higher-yield
TAM takes delivery of second 777-300ER
Brazilian-based TAM has received a Boeing 777-300ER, the second of eight total aircraft of this model acquired by the company. TAM is operating the route between Sao Paulo and Frankfurt, Germany, with this new aircraft, which it is currently operating six days per week. After returning two MD-11s, TAM's fleet now has 123 aircraft, 117 Airbus models (17 A319s, 81 A320s, 3 A321s, 14 A330s and 2 A340s), 2 B777-300ERs, 3 B767-300s and one MD-11. The fleet's average age was reduced to 5.9 years. The … [Read more...] about TAM takes delivery of second 777-300ER
Delta to fiddle with Boeing orders following NW integration
Delta Air Lines, which bought Northwest Airlines in October, plans to make major changes to aircraft orders both had previously placed with Boeing, according to The Wall Street Journal. Delta is likely to scale back a Northwest order for Boeing's new, but delayed, 787 Dreamliner, and ask the manufacturer to expand a Delta order for the 777-200LR aircraft. The 777-200LR would better enable the combined carrier to continue pursuing Delta's strategy to shift a greater percentage of its flights to … [Read more...] about Delta to fiddle with Boeing orders following NW integration
