Bahrain Air, the country's first privately owned carrier, has announced the signing of a joint venture agreement appointing Addax WLL of Bahrain to operate its cargo division from 1 June 2009. The carriers said the move was in line with its strategy of diversifying and offering innovative and affordable products to its customers. … [Read more...] about Bahrain Air outsources cargo biz
asia cargo news
Japan airport stake up for sale
Macquarie Airports, a fund managed by Australia's biggest investment bank Macquarie Group, has offered to sell its 15 per cent holding in Japan Airport Terminal (JAT), Reuters reported. JAT manages Tokyo International Airport and also operates merchandise, food and beverage businesses at other airports in Japan at Narita and Kansai. Macquarie said it was offering to sell the stake back to JAT, as part of JAT's tender offer to buy back a total 22 per cent of its own shares at US$10.38 each. If … [Read more...] about Japan airport stake up for sale
Arms and aid: Air cargo taken to task
According to a report released by the Stockholm International Peace Research Institute (SIPRI), 90 per cent of the air cargo companies involved in arms trafficking to African countries have also been delivering humanitarian aid. "In some cases, air cargo companies are delivering both aid and weapons to the same conflict zones," the report claimed. The report, titled 'Air Transport and Destabilising Commodity Flows', said air cargo carriers involved in humanitarian aid and peacekeeping operations … [Read more...] about Arms and aid: Air cargo taken to task
Continental Cargo to offer CSafe ULDs
Continental Airlines Cargo has reached an agreement with CSafe to become the first passenger airline to offer the company's AcuTemp RKN. The AcuTemp RKN is the only compressor-based, non-dry ice ULD available to US carriers. In use since 2008, the air cargo container has both cooling and heating capabilities and can sustain consistent interior temperatures in ambient extremes from -30 degrees Celsius to +50 degrees Celsius, the company says. … [Read more...] about Continental Cargo to offer CSafe ULDs
Virgin points to oneworld “monster monopolyâ€Â
Virgin Group Chairman Richard Branson has said that the US Dept. of Transportation's granting American Airlines (AA), British Airways (BA) and other oneworld carriers antitrust immunity on transatlantic services "would create a monster monopoly on key routes between London Heathrow and the US." In a speech in Washington, he said BA/AA would control "nearly half of all takeoff and landing slots at London Heathrow" and that antitrust immunity would prove "disastrous" for the airline industry and … [Read more...] about Virgin points to oneworld “monster monopolyâ€Â
Thai “Merchant of Death†verdict in August
Judges in Thailand said they would give until 30 June for closing statements on a US request for the extradition of a Russian who is alleged to be an international arms dealer dubbed the "Merchant of Death." Viktor Bout has been fighting extradition since his March 2008 arrest in Bangkok on charges that he peddled weapons that were used in some of the world's most violent conflicts, to customers including Al-Qaeda, Abu Sayyaf (Philippines), Revolutionary United Front (RUF) in Sierra Leone, the … [Read more...] about Thai “Merchant of Death†verdict in August