In last week’s roundup, we take a look at some of the latest developments in and out of Asia Pacific, including dnata’s cargo milestone at Dubai International airport (DXB), DHL’s recent partnership with Indonesia’s Pelindo 1 and the all-women service centre launched by Blue Dart in India to celebrate International Women’s Day. Frankfurt Airport sees record February for cargo Despite the ongoing shortage in belly capacity, Frankfurt Airport saw a record February for its cargo operations … [Read more...] about PLA Global Wrap: Week 10
IAG
IAG rotates senior management as British Airways CEO Cruz makes exit
In the latest series of management changes circulating the aviation industry, IAG announced that British Airways' Alex Cruz will step down as CEO but will remain as the airline’s non-executive chairman. Cruz, who took the job in April 2016, will be replaced by Aer Lingus CEO Sean Doyle. The latter has spent the last 2 years as chief executive of the Irish flag carrier, and will transition as chairman, IAG noted. IAG’s CEO Luis Gallego, who joined the airline group last month, made the … [Read more...] about IAG rotates senior management as British Airways CEO Cruz makes exit
WWG consolidators recognised with top customer award
The WACO System, an exclusive global freight network for independent freight forwarders, appointed WWGC as its member for Pakistan in October 2016. “This achievement reflects the company’s firm stance in the local market, and ensures that WACO members know that they are dealing with a reputable network partner in Pakistan,” said Hassan Madni, Director of Corporate Business Development, WWGC. The accolade comes after a long and rigorous assessment process by IAG Cargo, … [Read more...] about WWG consolidators recognised with top customer award
Qatar Airways bumps up stake in IAG to 20%
Qatar Airways has announced that it now holds a 20.01 per cent stake in International Airlines Group (IAG) effective from 28 July. This follows a 12 July statement that it held, at that time, a 15.67 per cent shareholding in IAG, reiterating that it might consider increasing its stake further within the allowable limits. Non-EU shareholders of IAG including Qatar Airways are subject to an overall cap on non-EU ownership as a result of the requirement for EU airlines to be majority owned by EU … [Read more...] about Qatar Airways bumps up stake in IAG to 20%
Govt’ gives green light for Aer Lingus stake sales
The Irish parliament gave International Consolidated Airlines' (IAG) bid for Aer Lingus the final go-ahead. Irish MPs voted by 74 votes to 51 in favour of the deal, according to local media reports. The vote comes after the Irish government agreed to sell its 25 per cent in Aer Lingus to IAG earlier this week, saying that IAG had made "a number of extremely important changes" to its initial offer. Under the deal, IAG agreed to a legally binding commitment to maintain current services between … [Read more...] about Govt’ gives green light for Aer Lingus stake sales
Govt' gives green light for Aer Lingus stake sales
The Irish parliament gave International Consolidated Airlines' (IAG) bid for Aer Lingus the final go-ahead. Irish MPs voted by 74 votes to 51 in favour of the deal, according to local media reports. The vote comes after the Irish government agreed to sell its 25 per cent in Aer Lingus to IAG earlier this week, saying that IAG had made "a number of extremely important changes" to its initial offer. Under the deal, IAG agreed to a legally binding commitment to maintain current services between … [Read more...] about Govt' gives green light for Aer Lingus stake sales