Europe's airlines have expressed their disappointment with the European Parliament's adoption of a legislative report that sets out common principles for the levying of charges at airports inthe 27-member EU bloc. The proposal for a directive on airport charges is part of the European Commission's so-called Airport Package released in January 2007 and aims to prevent any abuse of a dominant position in the market by individual airports. Airports will be bound by common rules on provision … [Read more...] about BELGIUM: Airlines speak against Europe's new proposals
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SINGAPORE: Singapore's Changi to invest in Asian airports
Singapore's Changi Airport plans to invest up to US$700 million in 15 small regional airports, mainly in Asia, in the next three to five years. It has also indicated that it will dispose of stakes inseveral Latin American operations. Chow Kok Fong, the chief executive of Changi Airports International (CAI) said the airport is looking at regional airports that have international traffic and hub potential. He said a substantial part of the acquisitions would be in China because CAI already has … [Read more...] about SINGAPORE: Singapore's Changi to invest in Asian airports
CHINA: Chinese airlines' 11 month profit triples
Chinese carriers enjoyed a bountiful 2007 as they collectively earned a profit of RMB17 billion (US$2.3 billion) in the first 11 months of last year, more than triple the RMB5.5 billion posted in the same period of 2006, newly appointed Civil Aviation Authority of China (CAAC) Minister Li Jiaxiangsaid recently. Li credited yuan appreciation and fuel surcharges for the result but warned that, "Chinese carriers still posted a collective loss if these two main contributors are excluded." … [Read more...] about CHINA: Chinese airlines' 11 month profit triples
2008 Calendar
Jan 23-25 Air Cargo India 2008, World Trade Centre, Mumbai, India [email protected] Feb 12-14 World Air Cargo Event 2008, Bahrain International Exhibition Centre www.worldaircargoevents.com Feb 19-24 Singapore Airshow, Changi Int'l Airport, Singapore www.changiairshow.com Mar 3-6 IATA World Cargo Symposium 2008, Rome Marriott Park Hotel Centre, Rome, Italy www.iata.org/events Mar 11-15 Annual Conference Worldwide Project Consortium Ltd WWPC, Crown Plaza Hotel, Dubai, UAE … [Read more...] about 2008 Calendar
EUROPEAN AIR CARGO~ Barcelona Airport records positive growth trend
Barcelona's El Prat airport, which lies some 12km south-west of the city, has been following a positive growth trend and will hopefully continue to do so, Anaïs Fábregas Almirall, communication & corporate image manager of CentrosLogÃsticos Aeroportuarios, S.A. says. While he declined to provide any forecasts with regards to the airport's growth in the near term, Fábregas Almirall said between January and October this year, Barcelona airport handled 80,195 tonnes of cargo, which … [Read more...] about EUROPEAN AIR CARGO~ Barcelona Airport records positive growth trend
EUROPEAN AIR CARGO~ Russia plays hard-ball with Lufthansa
The Russian transport ministry reinstated Lufthansa Cargo's overflight rights until 29 February 2008 after imposing a ban on 28 October with only very shortnotice. As a consequence, the quarrel between the German carrier and the Russian side regarding royalties and traffic conditions has been soothed for the time being, but basically remains unsettled. Moscow still demands the landing of Lufthansa (LH) Cargo either in Krasnoyarsk or Novosibirsk, in exchange for prolonging the right to … [Read more...] about EUROPEAN AIR CARGO~ Russia plays hard-ball with Lufthansa
