Air France and Dutch partners KLM and Martinair have said they have reached a settlement with plaintiffs on a US civil class action suit brought against them for conspiring to fix air cargo rates. But the settlement does not affect the outcome of a European Union (EU) anti-trust probe, which is still pending. "Pending its approval by the US court, the accord, in exchange for payment of US$87 million (€69 million), ends all civil action against the three companies ... concerning the US air … [Read more...] about Air France-KLM settles US class action suit
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Air cargo shortage hinders mango exports
A shortage of air cargo capacity has hindered the export of the Kutchi Kesar variety of mangoes in the Bhuj border district in the Indian state of Gujarat. "There is no air cargo service from Ahmedabad to West Asia and the western world. Even if we send 1,000 boxes by road from here to Ahmedabad, the passenger planes lift only 300 to 400 packets for want of space," said mango exporter Batusingh Jadeja, who was quoted by Daily News & Analysis (DNA). Jadeja added that although he is one of the big … [Read more...] about Air cargo shortage hinders mango exports
SIA Cargo sponsoring 2010 Youth Olympics
As part of Singapore Airlines' sponsorship of the Singapore 2010 Youth Olympic Games, Singapore Airlines Cargo will be flying in horses, timing and scoring equipment and other games-related freight from various cities it serves for for the games to be held in August 2010. The Singapore Youth Olympic Games Organising Committee (SYOGOC) and Singapore Airlines earlier signed a sponsorship agreement, under which the Airline will provide air tickets, carriage of airfreight, as well as publicity for … [Read more...] about SIA Cargo sponsoring 2010 Youth Olympics
Philippine president appoints new Customs head
Newly elected Philippine President Benigno Aquino III has appointed businessman Angelito Alvarez as the new chief of the Bureau of Customs (BOC). Alvarez is the president and chief operating officer of Airfreight 2100 Inc., the local licensee of US-based logistics services company Federal Express Corp. Aquino earlier said that the government will have to improve tax collection and curb smuggling and corruption to boost the country's revenues and plug the widening deficit. For the months of … [Read more...] about Philippine president appoints new Customs head
Malaysia’s budget terminal to shift to cargo
Malaysia's Low Cost Carrier Terminal (LCCT) in Sepang outside of Kuala Lumpur will be converted into a cargo terminal once the construction of a new budget terminal is completed in the first quarter of 2012, according to the country's Transport Minister, Kong Cho Ha. Once converted for cargo handling, the old LCCT will be able to handle 320,335 tonnes of cargo per year, increasing the overall cargo capacity of Kuala Lumpur International Airport to 1.31 million tonnes per year. Kong said the … [Read more...] about Malaysia’s budget terminal to shift to cargo
Malaysia's budget terminal to shift to cargo
Malaysia's Low Cost Carrier Terminal (LCCT) in Sepang outside of Kuala Lumpur will be converted into a cargo terminal once the construction of a new budget terminal is completed in the first quarter of 2012, according to the country's Transport Minister, Kong Cho Ha. Once converted for cargo handling, the old LCCT will be able to handle 320,335 tonnes of cargo per year, increasing the overall cargo capacity of Kuala Lumpur International Airport to 1.31 million tonnes per year. Kong said the … [Read more...] about Malaysia's budget terminal to shift to cargo
