CargonewsXpress - Edition 1472

If this newsletter is not properly displayed, please click here. ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1472 Headlines India's IndiGo allowed to import 28 A320s IATA raises airline profit forecast Talks on sale of Luton Airport ILFC sale may failas deposit not received Saudia adds two B747 freighters to charter fleet UPS lifts rate for heavy freight shipments Contents India's IndiGo allowed to import 28 A320s IndiGo, India's biggest airline by local market share, said the country's civil aviation ministry has allowed it to import 28 Airbus A320 aircraft in 2013 and 2014, reported Reuters. IATA raises airline profit forecast Global airlines should post an industry profit of US$12.7 billion this year, an increase from a previous $10.6 billion forecast, as lower oil prices and belt-tightening offset difficult economic conditions, industry group IATA said. Talks on sale of Luton Airport Barcelona-based infrastructure firm Abertis is in talks with Spanish airport operator AENA over the sale of its 90 percent stake in London Luton Airport, a company spokesman said, reported Reuters. ILFC sale may fail as deposit not received A Chinese group's purchase of ILFC, one of the world's largest airplane leasing companies, could collapse after insurer American International Group Inc said it still has not received a deposit payment. Saudia adds two B747 freighters to charter fleet Saudi Airlines Cargo is expanding its dedicated fleet of charter aircraft with the arrival of two B747-400 freighters. UPS lifts rate for heavy freight shipments UPS Inc said it would raise the general rate for heavy freight shipments by 5.9 percent on June 10, reported Associated Press 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.