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- Edition: 1521
Headlines
Contents Carriers cry foul
over Heathrow charges
Airlines protested while British Airways warned that it might consider quitting Heathrow after the regulator revised proposals to cut landing charges, despite agreeing that the airport was badly managed and staff overpaid.
Iberia's Madrid terminal may be opened to other airlines
Cutbacks at Iberia could force Madrid's Barajas airport to allow other airlines to use the terminal previously reserved for the exclusive use of the Spanish flag carrier and its Oneworld alliance partners, Spain's industry minister said, reported
Etihad clears last hurdle
on Jet Air stake
India has approved Jet Airways' plan to sell a 24 percent stake to Abu Dhabi-based Etihad Airways, removing the last barrier to the US$339 million deal.
Lufthansa to invest more than $572m in fleet, service upgrade
Deutsche Lufthansa will invest more than US$572 million in improving its planes and service within three years, the German airline said, reported Dow Jones Newswires.
AA seeks court nod for $785m financing
American Airlines, whose merger with US Airways is on hold while the airlines await an anti-trust trial, is looking to boost its cash levels with US$785 million in new aircraft financing, reported Dow Jones Newswires.
Air NZ to lift stake in Virgin Australia
Air New Zealand said it would increase its stake in Virgin Australia to 25.9 percent to increase its competitiveness in the region, reported Reuters.
November rate rise has to stick - Maersk
Maersk Line's November general rates increase of US$950 being levied on the Asia-Europe trade "has to stick", the carrier's head of South China, David Skov, said in Hong Kong today.
Upswing in India volumes seen as a blip
The troubled shipping industry in India finally has something to cheer about, although the uptrend is likely to be short-lived, reported The Times of India.
Yusen Logistics sets up unit in Cambodia
Yusen Logistics has established a subsidiary in Cambodia that will start operations on November 1, reported Jiji Press.
| | Menlo builds warehouse outside of Brisbane
Menlo Worldwide Logistics, the logistics subsidiary of Con-way, announced the addition of a new multi-client warehouse and office facility just outside of Brisbane, Australia in Seventeen Mile Rocks.
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