air freight

NYK/JAL negotiations end, JAL may exit cargo

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Nippon Yusen Kabushiki Kaisha (NYK) and Japan Airlines International (JAL) have officially ended negotiations around a possible merger of the cargo businesses of JAL and NYK's subsidiary, Nippon Cargo Airlines (NCA). The negotiations involved the restructuring and the feasibility of a potential merger of the cargo business of JAL and NCA. Both parties said they have reached an amicable conclusion to end the negotiations because the structure of the merger could not be organised within the scope … [Read more...] about NYK/JAL negotiations end, JAL may exit cargo

Transaero launches Moscow-Beijing service

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Transaero Airlines will launch regular twice-weekly flights from Moscow, Domodedovo International Airport to Beijing from 4 June. Flight operations between the Russian and Chinese capitals will utilise Boeing 747-400 aircraft. Transaero has operated regular flights to Hainan’s capital, Sanya since 2005. … [Read more...] about Transaero launches Moscow-Beijing service

Lufthansa reports 2009 net loss of US$151 million

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Lufthansa has reported a net loss of US$151 million in 2009, but said it achieved its goal of an operating profit. The loss, which followed a $732 million profit in 2008, was largely the result of sharply lower cargo volumes and a decline in higher paying premium passengers. Operating profit plunged 90 per cent to a better-than-expected $175.5 million from $1.76 billion a year ago on revenue down 10 per cent at $30.1 billion. Lufthansa is currently in negotiations with the pilots' trade union … [Read more...] about Lufthansa reports 2009 net loss of US$151 million

AFRICA: Lufthansa Consulting integral to Congo’s aviation

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The Republic of Congo has signed a concession agreement for the development, operation and management of the country’s three international airports of Brazzaville, Pointe-Noire andOllombo. The concession which was awarded to AERCO (Aéroports de la République du Congo) with the French Egis Group and its subsidiary SEGAP as the operating company’s main shareholder after what Lufthansa Consulting said was almost three years of comprehensive project work. This … [Read more...] about AFRICA: Lufthansa Consulting integral to Congo’s aviation

AMERICAS: United’s Tilton talks consolidation

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United Airlines chairman and chief executive Glenn Tilton has suggested a possible resumption of merger efforts between United and Continental. Merger talks between the two ended in April 2008 amid soaring fuel costs and fading cash reserves, at which time Continental then left the SkyTeam alliance headed by Delta and Air France and joined United in the rival Star Alliance. “The investor seems to have spoken,” Tilton told the Financial Times in reference to the merger of Delta … [Read more...] about AMERICAS: United’s Tilton talks consolidation

AMERICAS: Alaska imposes security surcharge for seafood

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Alaska Air Cargo is increasing the cut-off time and imposing a security screening surcharge in order to meet US Transportation Security Administration (TSA) requirements for seafood shipments on passenger aircraft. From 15 February, freight that is not pre-screened by shippers under the TSA’s Certified Cargo Screening Program (CCSP) will have to be delivered to the airline four hours prior to flight departure and the carrier is increasing its security screening surcharge to four … [Read more...] about AMERICAS: Alaska imposes security surcharge for seafood