The Gulf state of Qatar has confirmedits interest in taking a stake of upto 10 percent in European aerospacegroup EADS, which is suffering fromdelivery problems for the A380, Reutersreported. Qatari Foreign Minister Sheikh Hamadbin Jasim al-Thani said in Londonlast month that the idea of acquiring a10 percent stake was "still in the veryearly stages". "First of all we need to see the rightconditions at the right price," said theminister, who is also head of state … [Read more...] about MIDDLE EAST: Qatar eyes stake in EADS

Ram Menen, senior vice presidentcargo for Emirates is urging TIACA,The International Air Cargo Association,to reconsider a plan to call forthe separate liberalisation of freightertraffic rights. The association has apparently prepareda position on this issue, arguingthat a global open skies deal for freighterscould be concluded much moreeasily than passenger liberalisation. But Menen wants belly cargo to beincluded in the liberalisation too. "Iagree that cargo and passenger … [Read more...] about MIDDLE EAST: Call to include belly cargo in liberalisation

Korean Air Cargo, which started aweekly freighter service between Seouland Tel Aviv, will add an additionalweekly cargo flight on the route, effectiveMarch 30. Major export/import items of thisroute are electronic goods, computerparts, automobile parts.Korean Air Cargo is represented inIsrael by Messers Cargo GSA. … [Read more...] about KOREA: KAL to add another flight to Tel Aviv

The Hong Kong Shippers'Council has come outin support of a proposalto build a third air cargoterminal at the Hong KongInternational Airport as itwill introduce increasedcompetition for more efficientcargo handling andbetter costing. In his message in theShippers' Today, HKSCchairman Willy Lin saidthe new terminal operator,which will be determinedthrough bidding, shouldguarantee that they will passon lower costs to shippers sothere will be less defectionto neighbouring airports. "Cost … [Read more...] about Shippers' support 3rd terminal at HKIA