December 2009
2009 News Wrap-Up
This is the last "The Week" for 2009. Air Cargo World's next newsletter will publish on Jan. 8, 2010.
Airlines To Lose Billions As Cargo Returns
IATA says its member airlines have lost a total of $49.1 billion since the beginning of the decade and are set to lose a further $5.6 billion in 2010.
Airlines Eye Major Biofuel Buys
Fifteen airlines from the U.S., Canada, Germany and Mexico have signed non-binding memoranda of understanding to buy alternative aviation fuel from two U.S.-based producers, the Air Transport Association of America (ATA) said this week.
FedEx Sees Shipment Growth, Earnings Fall
FedEx reported earnings of $345 million for the fiscal second quarter, a drop of 30 percent from last year's $493 million as company officials offered a guarded outlook for modestly improving business performance.
SITA's Free Offer To Copenhagen
SITA, the aviation IT specialist, says it will provide airlines free emissions data collection and storage for six months in anticipation of the introduction of the European Union Emissions Trading Scheme (EU-ETS).
UPS Braces For Brisk Week
UPS has added 37 chartered aircraft to its year-round operating fleet to handle the influx of holiday packages.
« Previous 1 2 3
