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- Edition: 1387
Headlines
Contents Not all plane sailing for Aer Lingus and United
The joint venture between Aer Lingus and Chicago-based United on the Washington DC-Madrid route will close later this month because the pair didn't have anti-trust immunity to co-ordinate pricing or networks, reported The Irish Times.
Boeing gears up to challenge Airbus in Latin America
After Boeing Co suffered a "very costly loss" in Latin America in the 1990s when many of the region's airlines opted to buy planes made by Airbus, the US-based planemaker is ready to challenge its rival again in one of the world's fastest growing
Ryanair hopes concessions will snare Aer Lingus
Ryanair has held out fresh concessions to win approval to take over Aer Lingus , offering to move some of its rival's planes to continental Europe to operate non-Irish routes and allay concerns about a near monopoly in the domestic market, reported
China Airlines joins SkyTeam Cargo
China Airlines has joined SkyTeam Cargo, which will help expand the company's cargo network and cut costs, reported Dow Jones Newswires.
Mitsubishi to acquire US
aircraft leasing firm
Mitsubishi UFJ Lease & Finance has agreed to buy US aircraft leasing firm Jackson Square Aviation for about US$1.3 billion as cash-rich Japanese firms step up their investments in the overseas aviation finance business.
DP World sole bidder for JN port terminal
DP World emerged as the only bidder to submit a price quotation for developing a new container loading facility at Jawaharlal Nehru port near Mumbai as India's busiest container port seeks to expand much-needed capacity, reported The Mint.
Bollore aims to double Abidjan port capacity by 2015
French industrial conglomerate Bollore plans to spend up to $79 million by 2015 to double capacity at the container terminal it manages at Ivory Coast's main port of Abidjan, reported Reuters. the head of the group's Africa division said.
Geodis Wilson gate keeper of Panama
Geodis Wilson, the freight forwarding and heavy lift division of the Geodis Group, has been awarded a US$50 million contract by steel manufacturer Cimolai to manage the transport of 16 lock gates, each weighing more than 4,000 tonnes, for the expansion
Airbus to push into Asia, says EADS boss
The chief executive of EADS, the parent of Airbus, has indicated that Airbus' next manufacturing push will be in Asia as it would be a "mistake" to insist on a Eurocentric production strategy, reported The Guardian.
| | Korean Air, Delta discuss Asian link-up
Delta Air Lines and Korean Air Lines are in talks to expand a decade-old marketing joint venture that has been overtaken by closer alliances among their rivals, reported The Wall Street Journal.
American Airlines, pilots resume talks
American Airlines and its pilots union resumed contract talks to resolve a long-running labour dispute, reported Reuters.
Etihad urges Air Berlin-Air France tie-up
Abu Dhabi based airline Etihad Airways is urging German peer Air Berlin, in which it holds some 30 percent, to offer joint flights with Air France , German paper Sueddeutsche Zeitung reported, citing Etihad's chief executive.
Korean carriers take a beating
as freight falls
South Korea's airliners saw worsening bottom-lines of their cargo businesses – once considered a cash cow business – as their air cargo shipments have dropped significantly in the aftermath of the global economic recession.
IBM and DB Schenker ink Asia-Pac IT deal
DB Schenker has signed a five-year, multi-million dollar agreement with IBM for managed services and business resiliency for its transport and logistics information technology systems and operations across 20 Asia Pacific countries.
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