Politics puts Etihad-Jet deal on ice
The Prime Minister's Office has issued elaborate clarifications intended to refute reports on differences between the PMO and Civil Aviation Minister Ajit Singh, but the exercise only served to muddy the waters as it became clear the prime minister had
American Airlines, US Airways proposed merger lands in court
Opponents of the proposed merger of American Airlines and US Airways filed a lawsuit to block the deal, claiming it would hurt consumers by driving up airfares, reported Associated Press Newswires.
Northport's new container terminal to start ops soon
NorthPort's new container terminal is poised to start operations this year, said its chief executive officer Abi Sofian Abdul Hamid, reported Business Times Malaysia. "As of June 30, we have completed 84.46 per cent of the work," he said.
New boss has to steer
Cosco out of the red
China's largest state-owned shipping firm has hired a new leader in a shake-up of senior management to steer its struggling listed flagship company China Cosco Holdings to return to profitability.
MSC in India terminal venture
Mundra Adani Ports and SEZ, part of the Adani Group, and the second biggest shipping line, Mediterranean Shipping Co (MSC), have formed a joint venture to operate a new terminal.
China Railway plans 3.3b bonds sale to finance 66 projects
China Railway Corp plans to issue 20 billion yuan ($3.3 billion) of 10-year bonds in July, according to a term sheet seen by Dow Jones Newswires on Monday.
Brazil truckers strike slows traffic around Sao Paulo
Brazilian truckers have closed or slowed traffic on some of the main highways around Sao Paulo as part of a three-day strike called by their union, reported Dow Jones Newswires, though the action isn't expected to have much effect on commodities exports
UTi appoints new Asia-Pacific president
UTi Worldwide Inc, a supply chain services and solutions company, announced that Ditlev Blicher has assumed the leadership role of president, Asia-Pacific, effective July 8, reported Business Wire.
Flybe names former easyJet executive as CEO
Flybe Group has appointed Saad Hammad chief executive officer with effect from August 1.
| | New Dubai Airports concourse to get 192 solar panels
In line with the aviation industry's long-term aim of carbon neutral growth, Dubai Airports is working towards making Concourse D – which will become the new home of more than 100 international airlines that fly to Dubai International when it opens in
Air cargo flatlines as capacity rises
The International Air Transport Association (IATA) released figures for global air cargo markets showing that growth continued to flatline in May, broadly following the trend of the last 18 months. Global freight tonne kilometers increased just 0.
France selling shares in Paris airport operator
France is set to raise US$960 million through the sale of shares in airport operator Aeroports de Paris to French lender Credit Agricole and construction company Vinci, the finance ministry said, as the country seeks to shore up its finances amid a
Thai Airways to buy 21 instead of 38 new aircraft
Thai Airways International will acquire fewer new aircraft than originally planned during 2018-2022 following disappointing performance in the first half of this year, President Sorajak Kasemsuvan said, reported Dow Jones Newswires.
Pilots take Cathay to
court over holiday pay
Cathay Pacific is facing a multimillion-dollar lawsuit, with its pilots accusing it of short-changing them on statutory holiday pay.
Stelios admits defeat but fights on anyway
The founder of EasyJet has accused the airline of rolling the dice on a risky, opaque order for Airbus jets that relies on a high oil price and on finding new routes in Europe's crowded airspace, reported the Times.
PSA to bid for JNPT terminal again
Singapore-based port operator PSA International, which backed out of the fourth container terminal at Jawaharlal Nehru Port (JNPT)after winning the project in a global tender last year, is among those interested in bidding for the same project again,
Jebel Ali Terminal 2 extension opens
Sultan Ahmed Bin Sulayem, chairman, DP World, recently officially opened the new extension to Container Terminal 2 (T2) at flagship Jebel Ali Port, welcoming one of the largest container ships afloat, the MSC La Spezia.
Port Klang plans to build third port
Port Klang, the world's 12th busiest port, may build its third port terminal in the next five to six years to accommodate increasing demand, reported Business Times Malaysia.
China lines drop Iran as US sanctions bite
China's two top shipping lines, Cosco and CSCL, severed ties with Iran as tough new US sanctions over the country's disputed nuclear programme came into effect today, leaving the country increasingly dependent on front companies and overland routes.
New giant Maersk ship to sail a little light
Maersk Line's first Triple-E class cargo ship – the world's largest vessel of its kind – is to set sail from a South Korean shipyard this week.
Transpacific lines predict healthy peak season
Positive signals on consumer confidence for second-half 2013, and healthy consumer spending data in the second quarter, suggest a likely bump for Asian imports in coming months, and container shipping lines in the Transpacific Stabilization Agreement
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