Tony Sanchez

Lufthansa still interested in restructured Alitalia

Posted By Tony Sanchez / Airlines / 0 Comments

July 20, 2018 Lufthansa remains interested in a restructured Alitalia and its position has not changed after Italy said this week it wanted a majority stake in the airline under government control. Lufthansa has repeatedly said that the Italian market is important for it but that loss-making Alitalia must first be restructured before it would […]

Successful first half of 2018 for Kuehne + Nagel’s airfreight division

Posted By Tony Sanchez / Logistics Company / 0 Comments

July 20, 2018 First half profits for Kuehne + Nagel have grown by 9.6 per cent with the airfreight division posting “successful” results. Net turnover for the group was up 14.2 per cent to 10 billion Swiss francs (CHF), with earnings for the period increasing 9.6 per cent to CHF390 million. The airfreight division has […]

Nigeria Suspends Maersk Line, Cosco Shipping Services

Posted By Tony Sanchez / Uncategorized / 0 Comments

July 20, 2018 The Nigerian Ports Authority (NPA) has suspended the shipping services of Maersk Line, Cosco Shipping and two other shipping firms for ten days, effective from July 14. Namely, the Danish and Chinese shipping giants, along with APS and Lansal, were served the suspension after an investigation by NPA showed that the companies failed to comply […]

Nigeria to need up to $300 mln for new national carrier-document

Posted By Tony Sanchez / Airlines / 0 Comments

July 19, 2018 Nigeria’s new national airline will require initial capital of between $150 million and $300 million, and the government is seeking a strategic partner to operate the carrier. The West African country’s previous national carrier, Nigeria Airways, was founded in 1958 and wholly owned by the government. It ceased to operate in 2003. […]

Air France-KLM and China Eastern Airlines broaden their joint venture

Posted By Tony Sanchez / Airlines / 0 Comments

July 19, 2018 Air France-KLM and its stakeholder and business partner China Eastern Airlines announced plans on Thursday to broaden their joint venture to take in new routes. The companies said they would add the Paris-Wuhan and Paris-Kunming routes to their network, on a code-sharing basis. “By strengthening the joint venture, our group pursues its […]

Boeing, Hawaiian Airlines finalise deal on 787s

Posted By Tony Sanchez / Airlines / 0 Comments

July 19, 2018 Hawaiian Airlines said on Thursday it would buy 10 787-9 widebodies from Boeing Co with purchase rights for up to 10 more 787 aircraft, striking a blow to rival Airbus amid dwindling widebody sales. The firm order, valued at $2.82 billion at list prices and announced during the Farnborough Air Show in […]

Ethiopian Airlines says it’s in talks for stake in Eritrean Airlines

Posted By Tony Sanchez / Airlines / 0 Comments

July 19, 2018 Ethiopian Airlines is in talks to take a stake in Eritrean Airlines and a study will be conducted to determine the size of the acquisition, the Ethiopian carrier’s chief executive said.  “We are assessing the situation of Eritrean Airlines right now,” Tewolde GebreMariam said  during a visit to the Eritrean capital Asmara. […]

BA’s Heathrow Flights Returning To Normal

Posted By Tony Sanchez / Airport / 0 Comments

July 19, 2018 Flights at London’s Heathrow Airport were returning to normal, but with some delays, on Thursday morning after a double whammy of incidents caused delays and cancellations on Wednesday. The first problem happened just after lunchtime Wednesday when a fire alarm forced the evacuation of the airport’s control tower. Some flights were unable […]

EU Takes Action to Shield Itself from US Tariffs

Posted By Tony Sanchez / Cargo News / 0 Comments

July 19, 2018 The European Union has introduced “provisional safeguard measures” concerning imports of a number of steel products as a response to the U.S. steel tariffs. The European Commission said on Wednesday that provisional measures concern 23 steel product categories and will take the form of a tariff rate quota. For each of the 23 categories, […]

Maersk Line, MSC Team Up with ZIM

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

July 19, 2018 2M partners, Danish carrier Maersk Line and its Swiss-based counterpart Mediterranean Shipping Company (MSC), have entered into a strategic cooperation deal with Israeli shipping company ZIM on the Asia – US East Coast trade. Currently Maersk Line and MSC operate five loops and ZIM operates two loops on the trade. As of […]