CargonewsXpress - Edition 1517

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ABOUT US SUBSCRIPTION ADVERTISING CONTACT US - Edition: 1517 Headlines Two new China carriersorder 43 Airbus A320s Lufthansa leaves door ajar on Gulf alliance Heathrow ripping off passengers, says Walsh Ryanair appeals against sale of Aer Lingus stake Grounded Kingfisher in talks with investor ZIM adds 420 new open-top containers DHL sees further US-Africa trade growth Geodis Wilson bags $45.8m contract New Norfolk Southern CFO IATA cuts Asian airlinesprofit forecast by a third AMR, US Airways extend merger termination date Air France-KLM undecided on Alitalia Cuban port woos foreign investors Pelindo I to set up subsidiaries to boost revenue DHL offers comprehensive cargo insurance Contents Two new China carriers order 43 Airbus A320s Airbus has secured commitments for more than 40 of its A320 family of aircraft from two new Chinese airlines – one based in Qinqdao City, Shandong Province, and the other in Hangzhou, Zhejiang. Lufthansa leaves door ajar on Gulf alliance Lufthansa is leaving the door ajar to forming an alliance with any of the Gulf airlines, the German carrier's chief executive said, even though currently it sees no benefit in a partnership, reported Reuters. Heathrow ripping off passengers, says Walsh The boss of Britain's biggest airline accused Heathrow ripping off passengers and employing too many overpaid staff, and called for the airport's chief executive to be replaced, reported The Guardian. Ryanair appeals against sale of Aer Lingus stake Ryanair Holdings kicked off its appeal against the UK Competition Commission's ruling to reduce its stake in rival Irish carrier Aer Lingus, which, the watchdog said, stifled competition on routes between the UK and Ireland and gave it undue influence Grounded Kingfisher in talks with investor India's Kingfisher Airlines, which has been grounded for almost a year for want of cash, is in talks with a foreign investor for a potential stake sale, chairman Vijay Mallya said, without naming any investor, reported Reuters. ZIM adds 420 new open-top containers ZIM is adding 420 new 20 ft open-top containers to its fleet, increasing open-top capacity by about 20 percent. DHL sees further US-Africa trade growth DHL Express believes that trade between the United States of America and Sub-Saharan Africa is set for continued growth, as both regions build upon the recent US Presidential Policy Directive (PPD) to achieve sustainable development through increased Geodis Wilson bags $45.8m contract The industrial projects division of freight forwarder Geodis Wilson secured a new three-year contract with Caracal Energy, a player in the exploration and development of oil and gas fields. New Norfolk Southern CFO Norfolk Southern said chief financial officer John Rathbone will retire later this year and will be succeeded by Marta Stewart, reported Dow Jones Newswires. IATA cuts Asian airlines profit forecast by a third The International Air Transport Association (IATA) cut its 2013 profit forecast for Asian airlines by a third, citing higher oil prices and the effect of sluggish economic growth on the air cargo market. AMR, US Airways extend merger termination date American Airlines parent AMR Corp and US Airways have agreed to extend the termination date of their merger agreement by a month to January 18 to allow for a trial in which they intend to challenge US Justice Department objections to the deal, reported Air France-KLM undecided on Alitalia The board of Air France-KLM postponed a decision on what to do with its 25 percent stake in Alitalia, leaving the fate of the troubled Italian carrier up in the air, reported Dow Jones Newswires. Cuban port woos foreign investors Cuba has published rules and regulations on governing its first special development zone, touting new port facilities in Mariel Bay in a bid to attract investors and take advantage of a renovated Panama Canal, reported Reuters. Pelindo I to set up subsidiaries to boost revenue State-owned port operator Pelabuhan Indonesia (Pelindo) I plans to establish five subsidiaries to meet the high demand in the country's maritime industry and help boost its revenue, reported The Jakarta Post. DHL offers comprehensive cargo insurance DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL, is stepping up efforts to stress the importance of comprehensive cargo insurance to customers, underpinned by its own product: DHL Cargo Insurance, reported PR Newswire.   Produced by Cargonews Asia 10/F, Block C, Seaview Estate, 2-8 Watson Road, North Point, Hong Kong. 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