- Atlas Air Worldwide Settles US SEC Case[Apr. 04, 2007]
Atlas Air Worldwide Holdings, parent of Atlas Air and Polar Air Cargo, reached a settlement with the US Securities and Exchange Commission (US SEC) regarding accusations of inaccurate financial reporting from 2000 to 2002, agreeing to make no future misleading financial statements while paying no penalty for alleged transgressions that took place under previous management.
- Charles Graham Appointed as New Global CEO for Aviation of DHL Express[Mar. 22, 2007]
DHL, the world's leading express and logistics company, has announced the appointment of Charles Graham as the new Global CEO for Aviation, DHL Express and as a member of the company's Global Express Management Board. He succeeds Terry Nord, who will retire from DHL after eight successful years of managing growth for DHL's global aviation services.
- United Airlines Signs New Contract with USPS[Apr. 02, 2007]
On April 2, United Airlines announced it has signed a long-term contract with the U.S. Postal Service (USPS) for the carriage of domestic mail.
- China Competition Hits Cathay Pacific's Cargo Margins[Mar. 29, 2007]
Cathay Pacific Airways' margins at its cargo business, which accounts for about a quarter of sales, are being squeezed as competition from other carriers depresses rates from China.
- Shanghai Pudong International Airport Ranks World's Sixth in Freight Handling Volume[Mar. 28, 2007]
Shanghai Pudong International Airport handled 2.16 million tons of freight in 2006, ranking the world's sixth, according to the latest rankings issued by the Airports Council International (ACI).
- Boeing Selects Crane for Weight and Balance System on New 777 Freighter[Mar. 27, 2007]
The Boeing Company selected Crane Aerospace & Electronics to supply the onboard weight and balance system for its new 777 Freighter, making it the first commercial airplane program to choose the new advanced technology known as AirWeighs.
- JAL & Galaxy Expand Domestic Cargo Codeshare Agreement in Japan[Mar. 28, 2007]
Japan Airlines (JAL) and Galaxy Airlines (GXY), a new Japanese domestic cargo airline, plan to expand their code share agreement from April 3, 2007 to include Galaxy Airlines operated late night flights serving Osaka, Tokyo and Sapporo.
- Boeing Supports Nippon Cargo Airlines with Innovative Supply-Chain Solution[Mar. 21, 2007]
Boeing will manage a significant portion of Nippon Cargo Airlines' spare-parts inventory under a program designed to improve spare-parts availability for the freight carrier while reducing operating costs.
- Cathay Pacific Releases Combined Traffic Figures for February[Mar. 19, 2007]
On March 19, Cathay Pacific released traffic figures for February 2007 that show the airline, together with its wholly owned subsidiary Dragonair, carrying more passengers but less freight than in the same month last year.
- Air China, Cathay Pacific Seek Cargo Tie-up[Mar. 21, 2007]
Air China will seek approval from China's central government to establish a Shanghai-based cargo joint venture with Cathay Pacific to boost its cargo business amid rising demand.