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American Airlines Confirms Boeing 767-300ER Retirement Dates

Posted By Tony Sanchez / Airlines / 0 Comments

September 4, 2018 In an internal memo, American Airlines (AA) confirmed that its fleet of 23 Boeing 767-300(ER)s will be phased out in 2021. Ryan Travis, Managing Director of Fleet Planning at AA, confirmed that “The 767 will retire in early 2021 as new 787s arrive.” Currently, AA operates 23 767-300(ER)s, the oldest being delivered […]

Air France-KLM in deal with Dutch pilots, averting possible strike action

Posted By Tony Sanchez / Airlines / 0 Comments

September 4, 2018 The Netherlands pilots’ union said on Tuesday it has reached agreement on a new deal with Air France-KLM over working hours, removing the threat of strike action later this year. The airline, which has been hard hit by strike actions by its French employees, appointed a new CEO on Aug. 17 to […]

Qatar Airways rethinks Indian plans due to foreign ownership rules

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September 4, 2018 Qatar Airways is reviewing plans for its own domestic Indian airline due to “confusing” foreign ownership rules and could opt to could work with a partner in India or take a stake in IndiGo instead, its chief executive said on Tuesday. The state-owned Gulf carrier has long coveted the Indian aviation market, […]

India considers relief package for airlines as loss forecast mounts

Posted By Tony Sanchez / Cargo News / 0 Comments

September 4, 2018 India on Tuesday said it was working on a relief package for a battered airline industry that an aviation consultancy forecasts will lose up to $1.9 billion this financial year, mainly from rising costs and low fares. Two of the biggest and oldest carriers, Jet Airways and state-owned Air India, are struggling […]

CEO of Pakistan’s national airline steps down on order of top court

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September 4, 2018 The chief executive of Pakistan’s loss-making national airline on Tuesday stepped down on the order of the Supreme Court, which has ruled his appointment was made in violation of the rules and regulations. The court order was the latest blow to Pakistan International Airlines (PIA), which was reported last year to be […]

SF Airlines connects Changi Airport with Shenzhen

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September 4, 2018 Changi Airport Group has welcomed the arrival of SF Airlines’ inaugural flight from Shenzhen, making it the first Chinese express airline to operate between Singapore and China. China is Changi’s largest air cargo market, with more than 270,000 tonnes of throughput for the 12 months ending June 2018, and SF Airlines’ weekly […]

Höegh LNG Seals USD 206 Mn to Finance FSRU #10

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September 4, 2018 Owner and operator of floating LNG import terminals Höegh LNG has received a commitment letter for a sale and leaseback financing for FSRU #10 of up to USD 206 million. FSRU #10 is currently under construction at Samsung Heavy Industries in South Korea, and is scheduled for delivery in the second quarter […]

Alexander Oetker: We Could Not Be the Best Owners for Hamburg Süd

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September 4, 2018 In November 2017, Germany’s Oetker Group sold the liner shipping company Hamburg Süd to Maersk Line.  Maersk announced the acquisition in December 2016 and it took the Danish shipping giant less than a year to secure all 23 regulatory clearances to complete the transaction. Commenting on the sale at today’s session titled Germany’s New […]