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- Edition: 1391
Headlines
Contents AAT September tonnage up 8%
Asia Airfreight Terminal (AAT) announced that its tonnage throughput in September 2012 was 61,668 tonnes, recording a growth of eight compared with the same period last year.
Warrant issued against Kingfisher owner
An Indian court issued a warrant against billionaire Vijay Mallya and his Kingfisher Airlines, said an airport operator that is suing the company, reported Reuters.
Aircraft leasing firm in major merger
Dublin-based aircraft leasing company SMBC Aviation Capital is set to merge with two related companies located in Amsterdam in what will be one of the biggest corporate transactions involving an Irish corporate, reported The Irish Times.
Pilots seek wage hike at low-cost Lufthansa carrier
German airline Lufthansa is facing resistance from its pilots as it seeks to expand its low-cost carrier Germanwings, German magazine Der Spiegel reported.
APM tried to sell Portsmouth terminal
In the fall of 2011, APM Terminals wanted to sell its state-of-the-art container terminal in Portsmouth.
Maersk halts two Asia-Europe services
The world's largest container shipping company Maersk Line said it would cut freight capacity on Asia-Europe trade lanes due to softening demand, reported Dow Jones Newswires.
China Shipping and Cosco join forces
China's top two shipping giants, China Cosco and China Shipping, will join forces in a move that is a first for the domestic coastal container shipping industry and which is aimed at weathering a severe market downturn.
Kuehne + Nagel 3Q sales up 12%
Kuehne + Nagel International said third-quarter sales rose 12 percent on higher sea and air freight volumes and as it intensified its costs management, reported Dow Jones Newswires.
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