- Airline Cargo Officials in 10m Probe[Sep. 07, 2006]
Four senior officials from a Shanghai-based airfreight company are being investigated by Shanghai prosecutors over receiving bribes of more than 10 million yuan (US$1.25 million), China Business News said on Thursday.
- Qantas Linked to Hunt for Fox Empire[Sep. 07, 2006]
Qantas has been linked to a plan to buy the Fox family-owned road, rail and logistics business Linfox/FCL for $1.3 billion.
- China Airlines Eyes Mainland Business[Aug. 30, 2006]
Taiwan carrier China Airlines will rev up efforts to explore the mainland's booming cargo and passenger aviation businesses, the company's general manager (Hong Kong branch) Michael Wu said yesterday.
- Qantas Caught Up in Giant Freight Probe[Aug. 25, 2006]
Qantas has been caught up in a giant international probe into air freight price-fixing and has been subpoenaed by the US Department of Justice.
- Dragonair Announces CEO Departure[Aug. 23, 2006]
Dragonair today announced the resignation of CEO Stanley Hui. He will leave the company on August 29 after almost 10 years in the post.
- Boeing to Announce New 747-8F Customers[Aug. 22, 2006]
Boeing looks set to announce more customers for its 747-8F as it closes the case for stretching the Intercontinental version.According to US sources, Atlas Air Worldwide Holdings, parent of Atlas Air and Polar Air Cargo, will order up to 12 747-8Fs. The carriers currently operate a combined fleet of 37 747s including 20 Classics. Last week, Atlas President and CEO William Flynn said that airline would announce a freighter order shortly (ATWOnline, Aug. 15). This website also understands that another freight operator is close to an order for both dash 8Fs and 777Fs.
- Boeing Redelivers 747-400 to Korean Air[Aug. 22, 2006]
Boeing and Korean Air today announced completion and certification of Korean Air's 747-400 Boeing Converted Freighter. For this modification, Boeing managed every aspect of the conversion process from contract signing, design and production through redelivery. Boeing contracted with Taikoo (Xiamen) Aircraft Engineering Co., Ltd. (TAECO) in Xiamen, China, for the hands-on modification work. This is the fourth 747-400 Boeing Converted Freighter that has been redelivered through Boeing to cargo operators.
- US Sanctions Great Wall Parent for Iran[Aug. 22, 2006]
Great Wall Airlines, the joint venture cargo startup in which Singapore Airlines holds a 25% stake, suspended operations Friday after the US government imposed sanctions against its majority stakeholder for allegedly conspiring to supply Iran with missile components.The US Treasury Dept. last week froze all US-related assets of Great Wall Industry Corp., the Shanghai-based firm that owns 51% of Great Wall Airlines, saying it is one of four Chinese companies providing military support to Iran.
- SIA Suspends Cargo Venture in China[Aug. 19, 2006]
Singapore Airlines has suspended the operations of its cargo venture in China after the United States imposed sanctions on the airline's Chinese partner for allegedly supplying missile components to Iran.
- Qantas Launches Freight Business[Aug. 16, 2006]
On 16th August, Qantas announced the formation of a new wholly owned subsidiary domestic air freight business, Express Freighters Australia, to commence operations from October 2006.