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- Edition: 1461
Headlines
Contents Air traffic controllers return to work
The Federal Aviation Administration has suspended the furloughs of air-traffic controllers that had led to thousands of flight delays and cancellations over the past week, reported Dow Jones Newswires.
Dreamliner back in the skies
Ethiopian Airlines became the world's first carrier to resume flying Boeing Co's 787 Dreamliner passenger jets, landing the first commercial flight since the global fleet was grounded three months ago following incidents of overheating in the batteries
Union threatens Lufthansa with further strikes
A German trade union has threatened Lufthansa with another round of strikes if the airline fails to present a better pay offer when wage talks resume this week, reported Reuters.
Deutsche Post and labour reach accord
Deutsche Post and German labour union Verdi reached an agreement on wages, heading off the threat of a wider strike after limited walkouts disrupted mail and parcel deliveries in recent days, reported Dow Jones Newswires.
France gets $1.55b from EADS stake sale
The French government has completed the planned sale of part of its shareholding in European Aeronautic Defence & Space Co (EADS), the latest step in the simplification of the aero-defence group's ownership structure and corporate governance, reported
Tonnage up at Dubai International in March
Cargo volumes surged in March at Dubai International recording 213,248 tonnes of cargo, an increase of 14.7 per cent compared to 186,417 tonnes in March 2012.
HK strike pounds maritime industry
While the dockers strike is costing Hongkong International Terminals a reported HK$5 million a day, the actual cost of the dispute is costing the maritime and logistics industry much more as ships and cargo are diverted to other ports, reported the South
Top China container
lines cut back Q1 losses
China's two top container lines - China Cosco and China Shipping Container Lines (CSCL) - narrowed losses in the first quarter compared with a year earlier on improved freight rates and higher volumes.
China container maker's Q1 profit down 42%
China International Marine Containers (Group) Co's first-quarter net profit fell 42 percent from a year earlier due to lower sales for its high-margin refrigerated container units, reported Dow Jones Newswires.
| | Cargo handling at S. Korean ports drops 2.6%
Cargo traffic processed at South Korean 31 seaports nationwide stood at 324 million tonnes in the first quarter of this year, down 2.
TNT Express to see impact of cost cuts in second half
Dutch delivery group TNT Express, the target of a failed US$7 billion takeover by United Parcel Service, said the impact of cost-cutting measures would show up in the second half, reported Reuters.
Former China railway ministry 2012 profit up fivefold
China's former railway ministry reported a five-fold rise in net profit last year, as a late-2012 rebound in the world's second largest economy boosted traffic volumes, reported Dow Jones Newswires. The ministry had a net profit of US$31.
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