Tag: Air Transport

Airlines may decline loan offer

Several US airlines may decide not to take up the largest portion of the aid offered under the federal assistance package, despite having lobbied intensely for a government bail-out of the industry.

The Air Transport Association estimates that only half of the 10 largest carriers will apply for loan guarantees offered by the government, which could total $10bn.

The guarantees are in addition to the $5bn in cash already granted under the bail-out scheme.

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Virgin Express in talks on Belgian air future

Virgin Express, the low-fare airline controlled by Sir Richard Branson, is to hold talks with the Belgian government this week on its possible involvement in the restructuring of the Belgian aviation industry following the filing last week by Sabena, the national flag carrier, for protection from its creditors.

Virgin Express, which itself has shrunk to half its previous size following a heavy restructuring earlier this year to overcome previous losses, is not in a position to engage in any rescue attempt for Sabena

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DPWN Troubled by Frankfurt Airport Plan

The planned expansion of Frankfurt airport is causing a major headache for Deutsche Post AG, the German post office. Deutsche Post has been using night flights at Frankfurt airport for 40 years, and 9 million letters are transported through the airport every night between 11pm and 1.30am, with twelve aircraft bringing in and taking out post to different parts of the country.

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Canadas Top 20 IATA Agents

1 EMERY 14,293,003
2 EXEL 11,700,946
3 DANZAS AEI 8,750,191
4 KUEHNE & NAGEL 7,090,918
5 BAX GLOBAL 6,675,886
6 PANALPINA 6,576,667
7 NIPPON EXPRESS 5,483,817
8 SCHENKER 4,746,857
9 FRITZ 4,178,797
10 KINTETSU 3,975,414
11 SEA AIR INT’L 3,882,525
12 SDV LOGISTICS 3,429,846
13 GEOLOGISTICS 2,942,802
14 COMM TRANS 2,783,021
15 PBB GLOBAL 2,275,205
16 CLEAR WA TER LOBS 2,207,245
17 WILSON LOGISTICS 2,123,049
18 LOOHEREVERS 1,921,997
19 SECURE FREIGHT 1,747,546
20 EXPEDITORS 1,701,419

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