Alaska Airlines' parent Alaska Air Group has reported a widening loss, joining almost every other listed US airline this month. Like its rivals, Alaska cited soaring fuel prices for a dismal financial performance which saw a US$35.9 million loss for the first quarter, more than three times its $10.3 million loss in the same period a year ago. The result included an accounting adjustment for fuel hedging. Without that,the loss would have been $36.3 million. … [Read more...] about Alaska Airlines

The company Aerea de Carga Cargo Three received certification to operate international air cargo flights. After thorough inspections, the group's carrier AirRea will commence operations in the Latin American area. … [Read more...] about Aerea de Carga Cargo

Changi Airport handled more than466,000 tonnes of airfreight in the first quarter, up 4 percent over the same period ast year. A total of 169,000 tonnes of cargo was moved in March alone. Changi is served by 80 airlines - including 10dedicated freighter carriers - operating more than 4,340 weekly scheduled flights to 188 cities in 59 countries. … [Read more...] about Changi Airport

China Southern Airlines posted a netprofit of US$113.57 million in the firstquarter compared with a loss of $26.82million, due to strong passenger growthand a stronger yuan. Revenue for the yearrose 18 per cent to $7.97 billion from$6.74 billion. … [Read more...] about China Southern Airlines

Siemens AG said it won an order worth about €118 million to build a cargo terminal at Hong Kong International Airport. The new terminal will handle 2.6 million tonnes of cargo per year. This can be increased to over four million tonnes when necessary in future phases, the company said. … [Read more...] about Siemens AG