Cargo/Freight News Stories

Air China To Hold 51 Pct In Cargo JV With Cathay

November 2, 2009

Air China will hold 51 percent of a cargo venture with Cathay Pacific which it hopes to finalize in the first half of next year, a Chinese airline executive said on Monday.
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Cargo Plane Crashes In Eastern Russia, 11 Dead

November 1, 2009

A cargo aircraft crashed soon after taking off from the eastern Russian city of Mirny in Yakutia region, killing all 11 people on board, Russian prosecutors said on Sunday.
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ANA Warned By South Korea Antitrust Watchdog

October 29, 2009

All Nippon Airways, Japan's second-largest airline, said it has been informed by South Korea's fair trade commission of a potential violation of competition law in its cargo operations.
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Australian Regulator Takes Action Against Thai Air

October 28, 2009

Australia's competition regulator has started court action against Thai Airways as part of an ongoing investigation into alleged price fixing in the air cargo industry.
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Airline Execs' Confidence Turns Corner -IATA

October 26, 2009

Airline executives expect improved results and a rebound in cargo volumes in the coming year, a "turning point" for a sector closely linked to economic trends, a survey released on Monday showed.
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Atlas Air Posts Profit Citing Improved Demand

October 26, 2009

Atlas Air reported a better-than-expected quarterly profit on Monday, but its shares fell more than 15 percent after it said it planned a stock offering.
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Sudanese Cargo Plane Crashes In UAE, Six Dead

October 21, 2009

A Sudanese Boeing 707 cargo plane crashed shortly after takeoff from Sharjah airport in the United Arab Emirates (UAE) on Wednesday, killing all six crew members on board.
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Air Freight Decline Slows, Raising Recovery Hopes

October 9, 2009

European airline freight volumes are shrinking more slowly than for several months, data showed on Friday, raising hopes of a broad-based economic recovery.
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ACI Says Freight Down 11.7 Pct In August

October 9, 2009

Air cargo at European airports fell 11.7 percent year-on-year in August and passenger traffic dropped 4.5 percent, airports body Airports Council International Europe said on Friday.
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Lufthansa Cargo Stays Weak In September

October 9, 2009

Group cargo and mail shipments at Lufthansa fell 9.3 percent in September as demand stayed weak, the German airline said on Friday.
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