 If this newsletter is not properly displayed, please click here. |
- Edition: 1463
Headlines
Contents Cargo slump worsens
Korean Air Q1 loss
Korean Air Lines' first-quarter loss widened from a year earlier as it registered lower demand on its Japan routes and cargo services remained in a slump.
Turkish firms win $29b Istanbul airport tender
A consortium of Turkish construction firms made the winning US$29 billion bid to build and operate a third airport in Istanbul, which Turkey hopes will become one of the world's largest by passenger numbers, reported Reuters.
Gulf airlines prepare for Boeing's 777X offer
As they prepare to buy Boeing's new 777X jet, Gulf airline giants Emirates and Qatar Airways are warning that Boeing must avoid the mistakes of the 787 Dreamliner, which cost customers millions of dollars when its batteries failed, reported Reuters.
Boeing starts installing new batteries on Air India's Dreamliners
Boeing has started installing new battery systems on Air India's half a dozen 787 Dreamliner jets even as the state-run carrier began talks with the US plane maker to seek financial compensation because it had to ground the entire fleet for months.
Rickmers-Linie adds 10th vessel on Pearl String service
Rickmers-Linie has added a 10th vessel on its eastbound Round-the-World Pearl String service as part of its continuing programme of investment in its services.
Asciano puzzled by fall in port throughput
The chief executive of rail and ports operator Asciano has sought to reassure the market that the dismal trade on the country's waterfront is only temporary but offered few clues as to why volumes continue to decline, reported The Australian.
Lyttelton raises forecast after record volumes
Lyttelton Port of Christchurch has increased its bottom-line full-year forecast by up to US$1.71 million above a previous forecast, helped by record container volumes through the hub and booming agriculture in the region, reported Dominion Post.
Most striking HK dockers back pay offer
The majority of Hong Kong's striking dockers support a 9.8 per cent pay rise offered by four contractors, according to one of the unions. Some 66 per cent of the nearly 200 dockers polled in the past two days back the 9.
YRC Q1 loss narrows on lower costs
YRC Worldwide's first-quarter loss narrowed as the trucking company's lower expenses helped offset a slide in revenue, reported Dow Jones Newswires.
| | China Railway posts Q1 loss of $1.1b
China Railway Corp, the state-run national railway operator, posted a first-quarter net loss of US$1.1 billion after earmarking a huge amount of revenue as reserve funds for future railway construction, reported Dow Jones Newswires.
| Produced by Cargonews Asia
10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong.
Tel: 852-3965 7800
Fax: 852-2508 0255
Contact
Editorial: cnaedit@cargonewsasia.com.hk
Advertising: octang@cargonewsasia.com.hk
Other enquiry: customer@cargonewsasia.com.hk
You have been sent this email because you requested to receive it, either as a registered user of CargonewsAsia.com, or as a registered reader of Cargonews Asia newspaper. If you would like to unsubscribe from this newsletter click here.
If you received this newsletter from a friend and you would like to subscribe to it free of charge please go to the cargonewsasia.com registration page and fill out the registration form.
This news service is designed for optimal viewing with MS Outlook. |
| Copyright @2002-2009 Marshall Cavendish Business Information (HK) Ltd. All Rights Reserved. | |
No comments:
Post a Comment