Air India – which is phasing out Boeing B747-400s and Airbus A310 freighters – has terminated the service contracts of 30 of its pilots who fly the freighters with more cuts expected at the loss-making carrier. Air India currently has six B747-400s and two A310 freighters and recently leased out two other A310 freighters to the Delhibased cargo upstart, Aryan Cargo. … [Read more...] about INDIA: Air India cuts freighter pilots
Uncategorized
INDIA Jet and FedEx said to be discussing cargo
Jet Airways, India’s largest airline, is reported to be in early discussions with FedEx Corp. for a dedicated cargo airline that it wishes to set up either as a joint venture or in alliance with the global express logistics firm, according to a Hindustan Times report which cited an independent consultant, as well as two executives of the airline familiar with the development. Jet Airways chairman Naresh Goyal had planned to launch a cargo airline with Lufthansa, but the global … [Read more...] about INDIA Jet and FedEx said to be discussing cargo
INDONESIA: Five Indonesian airports for ASEAN open skies
Indonesia is expected to designate five airports for participation in the Association of Southeast Asian Nations (ASEAN) ‘open skies’ programme set to commence from 2013, when ASEAN leaders meet later this year. The five airports which pundits say are likely to be chosen out of Indonesia’s 27 eligible international airports include: Soekarno-Hatta in Jakarta; Kuala Namu in Medan, north Sumatra; Ngurah Rai in Denpasar, Bali; Juanda in Surabaya, east Java; and … [Read more...] about INDONESIA: Five Indonesian airports for ASEAN open skies
VIETNAM: AirAsia takes plunge into Vietnam
AirAsia is set to begin operating from Vietnam after reaching an agreement to take a 30 per cent stake in VietJet Aviation Joint Stock Co. which has only just recently been licensed as the country’s first entirely private airline, but is not yet flying. The new company is aiming to be flying by June under the brand VietJet AirAsia. The new AirAsia sibling joins the carrier’s other brands: Thai AirAsia, Indonesia AirAsia and long-haul operator AirAsia X. The move comes … [Read more...] about VIETNAM: AirAsia takes plunge into Vietnam
AUSTRALIA: Qantas returns to profitability
Qantas has returned to profitability in the six months ended 31 December 2009 after posting losses in the January-June half of 2009. Qantas posted a net profit of A$58 million (US$52 million) and $6.9 billion in revenue for the half year, compared to a net profit of $210 million and $8 billion in revenue for the same period 2008. Net freight revenue for Qantas Freight declined by A$96 million, or 19 per cent, compared to the same period 2008, due to major declines in yield. The economic … [Read more...] about AUSTRALIA: Qantas returns to profitability
AUSTRALIA: Expanded air services between Oz & China
A new air services agreement promises more competition and flights between Australia and China with an expected boost in capacity by as much as 70 per cent by the end of 2010. Included in the agreement was the opening up of more 5th freedom routes and a shared commitment to commencing negotiations aimed at concluding an ‘open skies’ agreement. … [Read more...] about AUSTRALIA: Expanded air services between Oz & China
