The Canadian Airports Council (CAC) has said it is optimistic of favourable talks between the European Commission and Canada toward an EU-wide Open Skies regime with Canada. The CAC was responding to the news from Europe that the EC has been given the official mandate to hold the talks. “An Open Skies regime between Canada and the EU similar to the one negotiated already between the EU and the US would be a big step forward in the promotion of tourism growth with Europe,” … [Read more...] about EU ok's Canada-EU Open Skies talks
air freighting
Competition hurting Britain's Royal Mail
Royal Mail blamed falling mail volumes, rising competition and higher pension fund costs for a 34 per cent drop in annual profit, but added its chief executive would collect 74 per cent of his performance related bonus. State-owned Royal Mail, which lost its 350-year monopoly on postal services last year and recently faced strikes by workers, said revenue in its letter business was down 78 million pounds (US$162 million) in the first five months of the current year. The group reported an … [Read more...] about Competition hurting Britain's Royal Mail
DHL Global Mail opens new terminal in S'pore
DHL Global Mail, Deutsche Post World Net’s international mail division has opened a new domestic terminal in Singapore. The new facility, located near Singapore’s Changi Airport is equipped with state-of-the-art technology for printing and fulfillment, with a capacity to handle over five million pieces of mail per month - a four-fold jump over its previous facility. It also complements DHL Global Mail’s existing operations at its Airport Hub terminal which caters to the … [Read more...] about DHL Global Mail opens new terminal in S'pore
TNT carries S'pore Olympic bid
Singapore's bid for the 2010 Summer Youth Olympic Games (YOG) left last month for Lausanne, Switzerland where it was officially submitted to the International Olympic Committee (IOC). The submission, which will be evaluated by a panel of experts from the IOC and representatives of the Olympic Movement, was given a lift by TNT who delivered the documents via its time critical special services … [Read more...] about TNT carries S'pore Olympic bid
AMERICAS: UAL's net income jumps 75%
United Airlines parent UAL Corp. reported third-quarter net income of US$334 million, up 75.8 per cent from$190 million a year earlier. The carrier said it will continue to maintain “discipline in capacity planning” as it implements a five-year strategic plan that focuses on its “core business”. This includes the possible sale of noncore businesses such as its Mileage Plus frequent-flier program. “US airlines have consistently destroyed value,” … [Read more...] about AMERICAS: UAL's net income jumps 75%
EUROPE/CIS: Atlantic alliance for Air France & Delta
Air France and Delta Air Lines Inc. will jointly operate trans-Atlantic flights, sharing nearly US$8 billion in revenue and adding services at Heathrow Airport in London to challenge British Airways and American Airlines. France’s largest carrier and the US number three will combine revenue on 19 daily flights between their main hubs and on Heathrow-US services from April, before extending the deal to cover all routes between Europe and North America in 2010. The SkyTeam alliance … [Read more...] about EUROPE/CIS: Atlantic alliance for Air France & Delta
