An Itek Air passenger jet crashedshortly after takeoff on Sunday fromBishkek, the capital of Kyrgyzstan, killing68 people, including members of a highschool sports team, Kyrgyz governmentofficials told news agencies. Officials saidthe jet, a Boeing 737, was just minutes intoits flight to Tehran when its crew reporteddifficulties and began heading back, butthe plane crashed before it reached ManasInternational Airport outside the city. … [Read more...] about Itek Air

French airports operator Aeroportsde Paris (ADP) has posted a first half netprofit of US$183.7 million, a 38 per centyear-on-year drop. The year earlier netprofit of $297 million included a $162.1million capital gain from the sale of ADP'sstake in Beijing airport. Excluding thatcapital gain, ADP's net profit rose by 11per cent in the first six months. … [Read more...] about Aeroports de Paris

A Spanair MD-82 carrying 172 passengersand crew members crashed duringtakeoff at Madrid's Barajas InternationalAirport killing 153 people on board. Theaircraft appears to have left the runwaysurface for a brief period of time beforeveering to the right and crashing intorocky terrain on the side of Barajas' runway18L/36R. … [Read more...] about Spanair

A Venezuela cargo plane crashed inEcuador's central Andes mountains shortlybefore it was to land, killing the three crewmembers on board. The Boeing 737-200,operated by state-owned Venezuelan carrierConviasa, lost contact with air trafficcontrollers five minutes before it was toland in the town of Latacunga, where itwas scheduled to undergo maintenance,Ecuador's Civil Aviation Director Gen.Jorge Zurita told reporters. … [Read more...] about Conviasa

Korean Air saw its cargo traffic grow 2per cent in the first quarter over the samequarter last year. With capacity down 1.3per cent, Korean's cargo yield grew 14.5per cent. … [Read more...] about Korean Air

The Yunnan Airport Group, a majorairport operator in China's southwest region,is seeking a strategic global investorto help fund a new US$2.7 billion airportin the provincial capital of Kunming. Thestrategic investor will only be allowed tomake a cash investment for a minoritystake in the new airport, as stipulated inChina's aviation regulations. Yunnan AirportGroup aims to make the new airportthe fourth largest in mainland China interms of cargo and passenger traffic. Completiondate is set for … [Read more...] about Yunnan Airport Group