Korean Air earnings take off on firm won

Korean Air Lines swung to a profit in the second quarter, as a strong local currency reduced the value of its foreign debt and the price of imported jet fuel.

‘K’ Line to team up with American port operator

Japan's “K” Line is teaming up with the biggest port operator in the US in the operation of container terminals in a bid to raise efficiency and revenues.

Pascal Lamy: Members let a $130b annual package slip through their fingers
WTO talks collapse over farm products

Last-ditch talks to salvage a deal in the seven-year Doha round of global trade negotiations broke down dramatically in Geneva last night, after India, China and the US fell out over measures to protect poor farmers.

Thai Airways joins embargo on shark fin

Thai Airways has banned shark fin from its cargo flights as part of a growing global campaign by carriers against the popular delicacy in Asia.

Lufthansa second quarter profit below expectations

Lufthansa’s second-quarter net profit fell due to strikes, adverse currency effects and overcapacity on N American and European routes.

O'Leary made about $6,500 every day

Outspoken Ryanair boss Michael O'Leary (above) was paid almost US$6,500 a day by the airline in the 2013-2014 fiscal year.

ANA finalises $16.5b deal for Airbus, Boeing jets

Japan's All Nippon Airways has finalised more than US$16 billion worth of orders for Airbus and Boeing aircraft, including the wide-body 777-9X.

Mombasa port traffic up more than 12%

Container traffic through Kenya's Mombasa port (above) grew by more than 12 percent in the first six months due to new cargo handling infrastructure.

Iberia offloads Amadeus holding for $774m

Spanish airline Iberia is selling its stake in travel technology company Amadeus, held through derivatives, to Nomura for US$774 million.

More Breaking News
Frankfurt is still in demand by freighter operators despite the night flight ban
European air freight gateways shrink

(Exclusive) The map of European gateways for air cargo is shrinking, moving towards two dominant gateways for international freighter links – Frankfurt and Amsterdam, according to industry experts.

“The phenomenon of Omni-channel...
Cargonews Asia interviewed with Harry Liu, Sale Director of Kewill (China)
International Air Cargo Forum and Exposition 2014
7-9 October 2014 , Seoul, South Korea - COEX Convention Center
Indonesia Transport Supply Chain and Logistics & Intra Logistic Indonesia 2014
29-31 October 2014 , Jakarta, Indonesia - Jakarta International Expo Kemayoran
See All Events