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- Edition: 1422
Headlines
Contents Air France-KLM in talks on Alitalia takeover
Franco-Dutch carrier Air France-KLM is in "advanced" talks to take control of Italy's flagship airline Alitalia by the summer, Rome's Messaggero newspaper reported without citing its sources.
IAG to start London-Chengdu service
IAG Cargo, the single business created following the merger of British Airways World Cargo and Iberia Cargo, has announced the launch of thrice weekly cargo service between London Heathrow and Chengdu in central China.
John Menzies to close Chicago airport ops
Airport services provider and newspaper distributor John Menzies said it would close its loss-making cargo handling operations at the Chicago airport at a cost of US$11.29 million, reported Reuters.
Tiger Australia stake sale to Virgin in jeopardy
Australian competition regulators may scupper Tiger Airway Holdings' bid to sell its majority control in Tiger Australia to Virgin Australia, reported Business Times Singapore.
American Airlines entering key period in restructuring
As American Airlines' board meets this week, expectations are high that it will give more concrete shape to the airline's plans to either merge with US Airways or stay independent, reported Reuters.
Poland says no blank cheque for ailing carrier LOT
The Polish government warned flag carrier LOT not to expect endless state support as it announced a US$130 million loan to keep the ailing airline flying, reported Reuters.
Cross-strait airline alliance takes off
The alliance between China Eastern Airlines and three other carriers providing cross-strait services has announced big ambitions as it seeks to boost market share on the lucrative route.
Colombo port gearing up to tap Indian market
On the heels of Sri Lanka expanding the Colombo port in a big way, primarily to cater to the Indian market, the island nation is also setting up an MRO facility at an up-coming airport, again, targeting India, reported The Hindu.
Seafood exporters irked by hike in Kochi charges
The increase in terminal handling charges at the Kochi port has become a matter of concern for the seafood industry from the region, reported The Hindu.
| | Kerry sets up new joint venture in Vietnam
Kerry Logistics, a logistics service provider, through the group's affiliates and a local alliance, further expanded its network in Vietnam by securing a majority stake in Tin Thanh Express, a leading express company, to offer integrated logistics
TNT tries again to stop former CEO from working at Geodis
Dutch express delivery company TNT Express has appealed a preliminary ruling by a Dutch court in the case against its former chief executive, reported Dow Jones Newswires.
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