Changi increases landing fee rebates
Changi Airport Group (CAG) is increasing its support for the air cargo sector in the face of continuing headwinds for the air freight business.
Ireland opposed to Ryanair bid for Aer Lingus
The Irish government has decided to oppose Ryanair's bid to take over Aer Lingus after studying details of the plan, the country's transport minister said, in a blow to the budget airline's ambitions, reported Reuters.
Orlando cargo airline shutting down
Orlando-based Capital Cargo International Airlines will close its headquarters and lay off all 79 employees starting at the end of the month, as it prepares to be merged into an Arkansas competitor, reported Orlando Sentinel.
Gol begins daily Miami flights as part of shake-up
Brazilian low-cost airline Gol Linhas Aereas Inteligentes has begun daily flights to Miami over the weekend, part of the company's reorganisation of its flight network, reported Dow Jones Newswires.
Turkey's Pegasus Airlines buys 75 Airbus planes
Pegasus Airlines, Turkey's leading budget carrier, is buying 75 planes from Airbus in the biggest commercial order from Turkey ever as the privately owned firm seeks to triple its fleet and tap into a growing market to expand, reported Dow Jones
China firms to buy stake in Taiwan terminal
Taiwan's investment committee has approved China's investment of US$135 million to take a 30 percent stake in a container terminal owned and operated by Yang Ming Marine Transport, two sources with direct knowledge of the deal said, reported Reuters.
CMA CGM Paris IPO by end-2014
CMA CGM, the world's third-largest container group, plans to list shares on the Paris Stock Exchange to get easier access to financing as low freight rates pressure margins, its deputy chief executive said, reported Reuters.
Goldenport sells container vessel for $7.5m
Goldenport Holdings, an international shipping company that owns and operates a fleet of container and dry bulk vessels, has sold the 1993-built container vessel Bosporus to an unaffiliated third party for US7.
Hapag-Lloyd, Hamburg Sud in merger talks
Germany's largest container shipping companies, loss makers Hapag-Lloyd and Hamburg Sud, are exploring a merger to create a global player better able to survive the sector's four-year slump.
| | Wharfies end strike at Fremantle port
The Maritime Union of Australia has ended a damaging pre-Christmas strike after winning management agreement to a job security clause that will come into force if the port of Fremantle is privatised, reported The Australian Financial Review.
UPS makes new push to secure TNT deal
United Parcel Service Inc. (UPS) has filed a new set of concessions with European regulators in an effort to win approval for its planned purchase of rival package shipper TNT Express NV (TNTE.
Cathay boss firm on 2% pay offer
Cathay Pacific is seeking common ground with its flight attendants union even though it has said the two percent pay rise offer is very much a final decision, reported the South China Morning Post.
Ryanair's plan to sell Aer Lingus slots 'won't placate EU'
Ryanair's plan to sell off most of Aer Lingus's landing slots at London's Heathrow Airport is unlikely to placate EU concerns about the proposed takeover of the former flag carrier, according to industry commentators, reported Irish Independent.
Thai Airways fined $7.9m for price-fixing
Thai Airways International said it has been fined US$7.9 million for price-fixing, reported Dow Jones Newswires. The Australian Competition and Consumer Commission charged Thai Airways and other airlines in 2009 with breaching its Trade Practices Act.
Spain's Iberia reaches union deal to negotiate job cuts
Spanish flag carrier Iberia has agreed to negotiate with its unions over a five-year restructuring plan to ensure the airline's future viability, reported Reuters.
Vinci front-runner for Portugal airport group
Vinci has bid US$3.95 billion for control of Portuguese airport operator ANA, the highest offer among the four groups competing in the privatisation auction, sources familiar with the transaction said, reported Reuters.
Singapore Airlines to increase flights to Australia, Japan
Singapore Airlines plans to increase passenger flights to Australia and Japan to take advantage of increased demand, reported Dow Jones Newswires.
Etihad in final talks to buy India carrier stake
Gulf carrier Etihad Airways, seeking to widen operations in India and other Asian markets, is in the final stages of talks to buy part of either Jet Airways or grounded rival Kingfisher Airlines , an Indian government official said, reported Reuters.
Malaysian Airline to buy 36 ATR turboprop planes
Malaysian Airlines System (MAS), the country's national carrier, has signed a memorandum of understanding with French-Italian aircraft maker ATR to buy 36 turboprop airplanes for US$981 million, reported Reuters.
Vietnam asked to delay opening of $660m port
The Vietnamese government should delay the launch of the Cai Mep-Thi Vai port complex in the southern region to tackle the capacity surplus at seaport group 5 covering Ho Chi Minh City and southern Ba Ria-Vung Tau province.
Rickmers-Linie to get two newbuildings in 2015
Rickmers-Linie is to take delivery of two 20,000dwt newbuildings in 2015, built at Hudong-Zhonghua Shipbuilding in China. Both of these multi-purpose vessels will be equipped with two 450-tonne cranes and one 120-tonne crane.
FPS Melbourne wins steel contract
The Melbourne branch of Famous Pacific Shipping (FPS) has secured a contract to handle the import, unpacking and inland delivery of 52 containers loaded with 1,138 tonnes of steel coil.
Frantic talks to break Fremantle port strike
The maritime union and state government are locked in frantic negotiations aimed at breaking a costly impasse that has brought West Australia's busiest port Fremantle to a standstill.
Kerry bags Samsonite deal in Thailand
Kerry Logistics has secured a major contract by Samsonite (Thailand) to manage its supply chain. The scope of the contract comprises general warehousing, value-added services, pick and pack and local transportation services.
Four logistics firms fined for price-fixing
Switzerland's Competition Commission is fining air freight forwarders Panalpina Welttransport (Holding) US$3.4 million and Kuehne & Nagel International $1.27 million for their part in a pricing cartel, reported Dow Jones Newswires.
DHL expands road freight network
DHL Freight, a provider of road freight services in Europe, opened a new office in Almaty, Kazakhstan. This strategically important business centre provides direct transport routes to the key logistic hubs of Europe, Russia and China.
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