Japan's Nippon Cargo Airlines is tosuspend its freighter service to Beijing,China indefinitely, despite earlier sayingthe suspension would last only for theduration of the Olympics. The serviceoperated from Tokyo via Seoul to theChinese capital, using a B747-400 freighteraircraft, but the carrier now says Beijingis not a strong enough market to supporta flight of its own. … [Read more...] about Nippon Cargo Airlines

The International Air Transport Association(IATA) says 25 airlines - threeto four times the normal yearly average- folded or stopped operations in the firstsix months of 2008, warning that morecould fold due to high fuel prices. … [Read more...] about International Air Transport Association

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