Lufthansa cancels flights on strike warning
Deutsche Lufthansa said it would cancel a quarter of its flights at Frankfurt Airport today as the UFO union representing cabin crew late Thursday called for strikes after negotiations on wages and temporary workers failed, reported Dow Jones Newswires.
Aeroports de Paris first half profit slips
French airport operator Aéroports de Paris (ADP) maintained its financial objectives for this year and 2015, in spite of a 18.
Air freight demand drops in July
Air freight demand contracted 3.2 percent in July compared to the same month in 2011 but was unchanged compared to June, reported the International Air Transport Association.
Court lifts order barring Kenya Airways job cuts
A Kenyan court has lifted a temporary order on Kenya Airways that stops the airline from cutting jobs as part of cost reduction plans, reported Reuters. The airline, 26.
Vietnam firms face higher shipping fees
A number of Vietnamese companies will have to suffer higher fees as many foreign shipping companies have announced to raise fees in September amid weak purchasing power in the European Union market, reported Vietnam News Brief Service.
China Merchants first half profit down 55%
Ports operator China Merchants Holdings (International) suffered a first-half net profit plunge of 55.2 percent year-on-year to US$226.92 million. The profit fall was triggered by a 31.
China Eastern profit down 65%
China Eastern Airlines first-half profit tumbled 65 percent on slowing demand for air travel, higher jet fuel prices and foreign exchange losses, reported Associated Press Newswires.
Kintetsu to return to Latin America
Kintetsu World Express will set up logistics subsidiaries in Mexico and Brazil next year, making a comeback after first entering the region in the 1990s, according to Nikkei Report.
DHL launches Malaysia-Vietnam LCL service
DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, has launched a direct less than container load (LCL) service between Malaysia's Port Klang and Cat Lai in Vietnam, reported Vietnam News Briefs.
| | CargoWise continues mainland expansion
CargoWise, a leader in technology solutions for logistics service providers (LSPs) announced the continued expansion in mainland China following the successful adoption of its ediEnterprise software platform by Hong Kong-based freight forwarder S-Cargo
Auckland Airport profit jumps 41%
New Zealand's Auckland International Airport reported a 41 percent jump in full-year profit on the back of higher passenger numbers and aircraft movements, reported Reuters. Net profit rose US$114.
Air New Zealand annual profit down
Air New Zealand posted a 12 percent fall in net profit for the 2012 year and said it expected to more than double earnings next year, as the national carrier battles high fuel costs while passenger numbers pick up, reported Reuters.
Lufthansa crew to go on strike tomorrow
German labour union UFO, representing the cabin crew of Deutsche Lufthansa, said it will go on strike tomorrow, after negotiations with the airline failed to resolve a dispute on wages, the use of temporary workers and outsourcing, reported Dow Jones
Port of Tauranga posts record result
Port of Tauranga has posted a record result with a 35 percent lift in container volumes and after-tax profit up 26 percent, largely because of Ports of Auckland's wharf dispute last year, reported Otaga Daily Times.
ABG request to quit India project denied
Singapore-based container terminal operator PSA International will have to build a US$1.
Modest growth in DP World first half profit
After stripping out extraordinary profits on the sale of an Australian operation, Dubai-based global ports operator DP World reported just a 1.5 per cent growth in profits to US$237 million in the first half of 2012, despite a 7.
Georgia braces for port strike
Just as retailers prepare for their busiest time of year, East Coast longshoremen are threatening to go on strike.
China Cosco first six months loss up 76.7%
China Cosco, the listed arm of the mainland's biggest shipping company, reported a 76.7 percent increase in loss in the first half of the year compared with the same period last year. China Cosco reported a first-half net loss of US$766.
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