Tag: Air Transport

Air NZ heads back under the government's wing

Twelve years after it was privatised, Air New Zealand was on Thursday heading back into government hands under a rescue package that will cost taxpayers NZ$885m ($360m) and give the state an 83 per cent stake in the troubled national carrier.

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Switzerland bails out airline

Switzerland on Wednesday stepped in to rescue Swissair, its grounded flag carrier, with an emergency injection of SFr450m ($278m) in public funds aimed at getting it back into the air from Thursday.

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Airborne Express Delivers Cheques to Households

SEATTLE, Oct. 2 /PRNewswire/ — Airborne Express (NYSE: ABF)
(http://www.airborne.com), today announced that Clarke American Checks, Inc., one of
the largest check printers in the United States, has selected airborne@home,
the carrier’s low-cost, business-to-residential delivery service, for a
substantial portion of its 55 million annual bank check and share draft
orders. Shipments can be tracked from the factory loading dock to the
destination delivery unit through Airborne’s state-of-the-art tracking system,
and ultimately to the consumer’s mailbox through the U.S. Postal Service’s
delivery confirmation service.

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KLM raises cargo rates

KLM Royal Dutch Airlines, ranked fourth amongst European airlines, has announced that its cargo rates are to increase by as much as 7% from the beginning of November. (10/1/2001)

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