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- Edition: 1493
Headlines
Contents Dubai flies in face of global cargo downturn
Air cargo volume handled by Dubai International airport in the first half grew at 10 percent year-on-year as the UAE continued to buck the global downward trend in freight moving by air.
SIA seeks deals in India
Singapore Airlines (SIA) chairman Stephen Lee said the firm is "looking actively" for opportunities in India following the recent relaxation of rules on foreign carriers owning local airlines.
FAA proposes $2.75m fine against Boeing
The US Federal Aviation Administration has proposed a US$2.
Air France-KLM mull CityJet sale
Air France-KLM is in talks with German turnaround specialist Intro Aviation to sell its CityJet regional airline, a partner of the German company said.
Etihad, Serbia's JAT to sign partnership deal
The United Arab Emirates' Etihad Airways will a sign a strategic partnership deal with loss-making Serbian flag carrier JAT Airways on August 1, a Serbian government source said, reported Reuters.
Vizag to get three more container freight stations
Three new container freight stations (CFS) are expected to be set up in Visakhapatnam Port City around the end of the year, reported the Times of India.
Baltic index jump raises prospects for shipping sector
Prospects may be brightening for shippers after yet another ghastly quarter, reported the Straits Times.
World's biggest ship calls at PTP
Maersk Mc-Kinney Moller, the world's largest container ship and first energy-efficient Triple-E vessel of Maersk Line, made its maiden stop at the transhipment hub in Port of Tanjung Pelepas (PTP) yesterday, reported Business Times Malaysia.
11 show interest in terminal at Ennore Port
Eleven companies, including four foreign firms, have submitted their Requests for Qualification (RFQ) proposals for developing the US$213.91 million container terminal at Ennore Port, reported The Hindu.
| | TNT Express swings to loss in Q2
Dutch express company TNT Express reported a net loss for the second quarter, following goodwill impairments and a decline in revenues, and said trading conditions would remain challenging for the remainder of this year due to the sluggish economy in
Norfolk Southern profit down on weak coal demand
Norfolk Southern Corp's second-quarter profit slid 11 percent due to higher railway operating expenses and as weak demand for coal dragged on the company's top line, reported Dow Jones Newswires.
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