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- Edition: 1425
Headlines
Contents Qatar Airways sells back stake to Cargolux
Qatar Airways has sold its entire 35 percent stake in freight-only airline Cargolux, the chief executive of Qatar Airways confirmed, reported Reuters.
Singapore Airlines firms up order for 25 Airbuses
Singapore Airlines has firmed up an order for more Airbus A380 and A350 XWB aircraft, Airbus said, reported Dow Jones Newswires.
American Airlines wants more time to file bankruptcy plan
American Airlines parent AMR Corp asked a court for more time to file a restructuring plan as part of its exit from bankruptcy, reported Reuters.
Berlin airport hits new snag with EU complaint on wildlife threat
The European Commission is considering legal action against Germany over its new international airport in Berlin because of environmental concerns, marking a further setback for the project which has been dogged by delays, reported Reuters.
PSA may get chance again to bid for JNPT project
Singapore-based port operator PSA International and the ABG Group might get another chance to bid for building the Jawaharlal Nehru Port Trust's (JNPT) fourth container terminal, even after the consortium failed to sign a concession agreement almost a
Maersk Line sees potential for better 2013
A pick-up in freight rates and world trade could help Maersk Line, the world's biggest container shipping operator, achieve better results in 2013 despite excess capacity in the industry, its North Asia chief told Reuters.
Savannah Port dispute bubbles up
Taxpayers are being asked to spend at least US$72 million on "bubblers" that pump oxygen into the Savannah River to prevent fish from dying once the river and port are deepened to accommodate ever-larger container ships, reported The Atlanta Journal –
UPS and TNT merger
likely to be shot down
In a recent meeting with TNT Express and UPS officials, the European Commission team investigating the proposed acquisition of TNT Express by UPS informed them that on the basis of UPS' current proposal it is working towards proposing a prohibition
iPhone drives Chinese export surge
The power of the iPhone helped ease even the ill trade winds blowing from Europe for Chinese manufacturers last month, one of many factors in a surprise burst in export growth in the last days of 2012, reported The Globe and Mail.
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