AMR loss narrows on fewer charges
AMR Corp's first-quarter loss narrowed amid fewer reorganisation-related charges, but excluding those expenses, merger-related charges and other items, the parent of American Airlines showed a profit, reported Dow Jones Newswires.
Chinese firms 'want to buy Athens airport'
China's Shenzhen Airport and Friedmann Pacific Asset Management are interested in buying Greece's biggest airport in the capital Athens when the government puts it on sale next year, Greece's finance ministry said.
Union calls for strikes at Lufthansa's German airports
Trade union Verdi has called on thousands of workers at German airline Lufthansa to go on strike on Monday as they seek to up pressure on management in pay negotiations, reported Reuters.
Dreamliner expected to be flying soon
Federal Aviation Administration chief Michael Huerta, who initially envisioned keeping Boeing Co's 787 Dreamliner jet out of service for barely a few days, is expected to end the historic three-month grounding of the plane, according to people familiar
Essar Ports profit quadruples
Essar Ports reported that the company's net profit quadrupled to US$61.5 million during the year ended March 31 as compared to $11.86 million in the year ago period.
Contractor involved in HK strike to close down
A dock contractor at the centre of a weeks-old pay dispute dropped a bombshell on striking dockers yesterday, announcing it would put up the shutters after June 30.
Alitalia gets new CEO
Italian motorcycle maker Ducati's chief executive, Gabriele del Torchio, has been recruited to lead struggling Italian airline Alitalia back to profitability, reported Reuters.
Norwegian Air beats all expectations in Q1
Budget airline Norwegian Air Shuttle beat expectations with strong first-quarter earnings as it grabbed market share and grew its fleet even as it reduced costs, reported Reuters.
Shake-up looms at London airports
London's top three airports are facing the biggest regulatory shake-up for a quarter of a century, with the Civil Aviation Authority (CAA) poised to introduce different pricing regimes at each of Heathrow, Gatwick and Stansted, reported The Daily
| | Lambert-St Louis posts best Q1 in two years
Lambert-St Louis Airport (STL) has turned in its best first quarter cargo results in two years.
Garuda 2012 income doubles to $145m
Garuda Indonesia, the airline of Indonesia, has reported exceptional growth, doubling its comprehensive income in 2012 compared with 2011, from US$72.7 million to $145.4 million.
Qube dock chiefs come full circle
The former management of Patrick will return to container stevedoring on the waterfront after seven years if it is successful in its bid to operate the new Webb Dock container terminal as part of the US$1.
Short-sighted planning pushes Vietnam ports into the red
Three big ports – SP-PSA, TCCT and SITV in southern Vietnam – have seen sharp falls in goods transportation to a level much lower than the designed capacity and are facing losses due to short-sighted planning, reported Vietnam News Briefs Service.
Port strikers take dispute
to front door of Li
More than 200 striking dock workers camped outside the headquarters of Asia's richest man, pressing demands for a pay rise at a port operated by the tycoon that has disrupted traffic in the world's third-largest container port.
Korean exporters gain access to services of 123 logistics centres
South Korean exporters will have access to services of 123 overseas logistics centres for their business operation, reported Maeil Business Newspaper.
SWISS appoints new CCO and CFO
The SWISS management board is complete once again. As its new chief commercial officer the airline has appointed Markus Binkert, currently head of sales & marketing Switzerland, Germany & Austria.
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