Trinidad-based Caribbean Airlines has added a new "third" cargo service to Trinidad from Miami starting from mid-June. The new flight is in direct response to an increased demand for cargo airlift between Trinidad and the US, the company said. With the addition of this service, Caribbean Airlines Cargo now operates three services per week with leased wide bodied air-freighters, each with a capacity in excess of 40 tonnes. Two freighters currently fly from Miami to Trinidad's Piarco … [Read more...] about AMERICAS: Caribbean Air Cargo adds 3rd freighter service
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AMERICAS: Delta, Northwest reach tentative agreement
Delta Air Lines and Northwest Airlines pilots reached a tentative agreement recently on a joint contract, a major milestone in the carriers' planned merger. The pilot groups, both represented by the Air Line Pilots Association, had been unable to reach agreement prior to the DL-NWA merger announcement despite multiple negotiating sessions. But the Delta pilots said in a statement recently that the two groups have reached an accord on a joint contract. It said the agreement was the result of … [Read more...] about AMERICAS: Delta, Northwest reach tentative agreement
AMERICAS: Pearson airport to reduce cargo landing fees
The Greater Toronto Airports Authority (GTAA) has announced that cargo landing fees at Toronto Pearson, the leading air cargo gateway in Canada, will be reduced by 25 per cent effective January 2009. "This is a positive change that will maintain and enhance Toronto Pearson's competitiveness with neighbouring jurisdictions and encourage cargo business to choose Toronto Pearson," said officials in a release. By reducing cargo landing fees, the GTAA aims to enhance the economic … [Read more...] about AMERICAS: Pearson airport to reduce cargo landing fees
China
China will invest RMB64 billion (US$9.3 billion) to carry out the country's air cargo development plan, including building 97 new airports across the country, consolidating smaller airports and upgrading of certain key airports by 2020, according to a long-term plan drafted by the Ministry of Transport. … [Read more...] about China
Finnair
Finland's Finnair has reported an eight point drop in load factor and announced 500 layoffs. Chief executive officer Jukka Hieonen described May as "disastrous" with a 62.4 per cent load factor. The carrier says it needs to make additional cost savings of at least US$78 million. … [Read more...] about Finnair
Qantas
Qantas reportedly will settle with botheuropean and Australian regulators over accusations of illegal price fixing as part of an international air freight cartel. The airline is said to be in settlement talks with the Australian Competition and Consumer Commission, with an expectation the figure will run into the tens of millions of dollars. Last year Qantas also pleaded guilty to the US Department of Justice and paid a US$61 million fine. … [Read more...] about Qantas
