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- Edition: 1402
Headlines
Contents Boeing confirms 20 ALAFCO orders for 737 MAX
Boeing Co said that ALAFCO, the Kuwait aircraft leasing company, had finalised an order for 20 Boeing 737 MAX 8 jets valued at US$2 billion at current list prices, reported Reuters.
Christmas orders lifts Cathay cargo volumes
Cathay Pacific Airways, the world's leading international air cargo carrier, said freight traffic has resumed an upward trend thanks to Christmas orders, but the volume is still below peak levels seen in 2010.
Czech government tries to sell flag carrier again
The Czech cabinet has agreed to hold yet another attempt at selling the nation's struggling flag carrier, reported Dow Jones Newswires.
Air Canada swings back to profit in Q3
Air Canada said it swung to a third-quarter profit as revenue climbed nearly three percent, with both measures coming in ahead of analyst expectations, reported Dow Jones Newswires.
Boeing talks with airlines about new Dreamliner
Boeing Co has moved a step closer to launching a larger version of its new 787 Dreamliner by holding more detailed discussions with potential customers, reported Dow Jones Newswires.
Emirates mulls replacing 777 fleet with new model
Emirates will consider replacing its planned fleet of 175 Boeing 777s with a new version of the plane if it meets all the airline's needs, reported Reuters.
IAG offers to acquire Vueling to tackle Spanish troubles
British Airways and Iberia owner IAG has offered to buy the rest of low-cost airline Vueling in a bid to stem losses in Spain and shake up its short-haul business in the country, reported Reuters. IAG said it has made a US$144.
Qantas terminates 400 engineering jobs
Qantas Airways has jettisoned another 400 jobs from its engineering operations, bringing to around 3,200 the number of layoffs announced by the Australian carrier in just over a year, reported Dow Jones Newswires.
ICTSI suffers double-digit profit fall
Profits of Philippine port operator International Container Terminal Services Inc (ICTSI) dropped by double-digit in the third quarter of this year due to the absence of the one-time gain realised last year, the company said in disclosure to the
| | Call for cut in number of operators at Kwai Chung
The number of port operators at Kwai Chung container terminal should be reduced if Hong Kong port is to maintain its operating efficiencies after the introduction of ultra-large container ships, a senior Hutchison executive said, reported the South China
JNPT may split terminal four project into two
State-owned Jawaharlal Nehru (JN) port may slice a mega terminal project into two when it seeks fresh bids in a couple of months after an earlier award sputtered and died, reported The Mint.
China Shipping starts Ho Chi Minh–Haikou loop
State-owned China Shipping Group has launched a weekly container liner service between Ho Chi Minh City in Vietnam and Haikou in China, to be operated by two 1,036 TEU ships.
Court ruling will not halt Elbe deepening, says senator
Frank Horch, Hamburg's state minister of economics, has pledged that a federal administrative court's blocking of long-awaited plans to deepen the Elbe channel to Hamburg will not scupper the US$512 million project.
Deutsche Post Q3 profit dips
German mail and logistics company Deutsche Post saw revenue in the third quarter increase although net profit declined, reported Dow Jones Newswires.
New Canada rules could derail train service
Looming legislation aimed at improving rail service for shippers in Canada could backfire and end up making the country's sprawling rail networks less efficient, the chief executive of Canada's biggest railroad warned, reported Reuters.
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