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- Edition: 1484
Headlines
Contents ANA eyes stake in Philippine Airlines
San Miguel Corp has held preliminary talks with Japan's All Nippon Airways on it possibly investing in its airline affiliate Philippine Airlines, reported Dow Jones Newswires.
KLM-Kenya Airways venture extended for seven years
The competition authority has allowed Kenya Airways and its joint venture partner KLM Royal Dutch Airline to operate for another seven years without competitors accusing them of unfair trade practices, reported All Africa.
Germanwings escapes strikes after pay compromise
Lufthansa's budget carrier Germanwings will be spared painful strikes during the nascent summer holiday season after reaching a preliminary accord with cabin crew on higher wages, reported Reuters. An improved offer by management for up to 5.
Jakarta port moves
to ease congestion
The Indonesian Government has set up a special team to help reduce the high dwelling time and yard occupancy ratio in the country's main seaport, Tanjung Priok Port in North Jakarta, due to the increase in logistics costs.
Westports IPO to benefit shareholders
None of the proceeds to be raised from the Westports Holdings' share sale will go into the company's coffers, the draft prospectus showed, reported Business Times Malaysia.
DHL strike could hit Jaguar lines
Workers supplying Jaguar Land Rover's UK production line have been accused of "recklessly" endangering UK growth prospects after voting for a strike that threatens to close key assembly lines within weeks, reported The Guardian.
Panalpina adds two more offices to partner's network
Panalpina is expanding – and strengthening – its cooperation with Arcese Espana, by linking two more of its offices into the existing network with the Italian freight forwarding company.
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