Kampala - Africa's fast-growing carrier, Ethiopian Airlines, has signed a purchase agreement with Bombardier for 10 new Q400 aircraft. Bombardier Commercial Aircraft said on April 27 that the value of the transaction is worth US$332 million. "The Bombardier turboprops continue to deliver unmatched performance to our operators, and we are proud that
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Kuala Lumpur-Singapore named busiest international air route
The air route linking Singapore and the Malaysian capital Kuala Lumpur has become the busiest in the world, research shows. Planes made 30,537 trips between the two airports in the year to February 2018, OAG Aviation said. The route overtook Hong Kong-Taipei in a list dominated by Asian destinations. Flying between Singapore and
UK-EU customs partnership ‘still on table’
A new "customs partnership" with the EU - which is fiercely opposed by some Tory Brexiteers - is still on the table, the business secretary says. Greg Clark warned about the effect of border checks on manufacturing jobs, saying whatever replaces the customs union was of "huge importance". He added whichever option
U.S. issues arrest warrant for former Volkswagen CEO but unlikely to face charges
Ex-Volkswagen CEO Martin Winterkorn charged in the US over the carmaker's diesel emissions scandal - The Financial Express Washington (Reuters) -The U.S. Justice Department said on Friday that former Volkswagen Chief Executive Martin Winterkorn, indicted on four felony charges in Detroit in the company’s diesel emissions scandal, is a fugitive who faces
Air France-KLM to decide on management plan on May 15 as CEO leaves
Jean-Marc Janaillac, Chief Executive Officer of Air France-KLM Group, attends a news conference in Paris, France, May 4, 2018. REUTERS/Charles Platiau PARIS (Reuters) - Air France-KLM’s board will decide on a management transition plan on May 15, the company said on Saturday, after CEO Jean-Marc Janaillac said he would step down when
U.S. logistics employment steady in April
Transportation and logistics companies added another 400 jobs during the month following three consecutive monthly gains, according to recent preliminary data from the U.S. Department of Labor. U.S. transportation and logistics companies added another 400 jobs in April, slowing significantly from the rapid growth seen in the previous three months, according
Port of NY/NJ container volumes up 9.6 percent
Toyota Still Top Car Seller in SA
Demand flattens, yields soar in March… or do they?
March is usually a good time for reckoning in the air cargo industry. Any lopsided demand figures from the Chinese Lunar New Year surge are generally smoothed out by the third month of the year, and post-holiday inventory restocking generally begins to ebb as spring arrives. The March results from the
