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Panalpina sells its 12% share of Luxair

Panalpina (Basel) has sold its 12.09 percent share of Luxair-Luxembourg Airlines (Luxembourg). The government of Luxembourg purchased the shares in June according to this report by Handelszeitung....

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Nippon Cargo Airlines introduces a new livery with the new Boeing 747-800...

Nippon Cargo Airlines-NCA (Tokyo-Narita) has introduced this new livery with the first new Boeing 747-800 freighters. The cargo airline has 15 copies on order. Copyright Photo: Nick Dean. Boeing...

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Atlas Air takes delivery of the second new Boeing 747-800F Freighter for...

Atlas Air (New York) has taken delivery of a fifth Boeing 747-8F Freighter. The pictured 747-87UF N851GT (msn 37565) departing from Everett (Paine Field) is the second aircraft of the type to be...

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Nippon Cargo takes delivery of its first new Boeing 747-8F Freighter

Nippon Cargo Airlines-NCA (Tokyo-Narita) has taken delivery of its first new Boeing 747-8F Freighter, marking the Japanese debut for the 747-8F. The new airplane is NCA’s first 747-8F Freighter on...

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Lufthansa’s cabin crews delay their strike plans

Lufthansa‘s (Frankfurt) 10,000 cabin staff (flight attendants) have rejected the latest contract proposal. The union will decide next week whether they will strike according to this report by Reuters....

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Lufthansa to fly the Boeing 747-8 Intercontinental to Bangalore starting on...

Lufthansa‘s (Frankfurt) passengers can now book flights to the latest Boeing 747-8 destination. Tickets for flights on the Frankfurt-Bangalore route with the Lufthansa flagship are now on sale. From...

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Lufthansa suffers through another strike day, Chicago O’Hare to be the next...

Lufthansa (Frankfurt) today is suffering through another 24-hour strike by its flight attendants. The company issued the following statement: “The Independent Flight Attendants Organization (UFO) has...

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Cargolux and Qatar Airways to go their separate ways

Cargolux Airlines International‘s (Luxembourg) and Qatar Airways‘ (Doha) officials met yesterday to discuss a new strategy and direction for the cargo airline. The two parties could not agree on the...

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Cargolux’s board adopts a new business plan

Cargolux Airlines International‘s (Luxembourg) board of directors, minus Qatar Airways, has adopted a new business plan. The company issued the following statement: The Board of Directors of Cargolux...

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Lufthansa Group’s net profit for 2012 rises to $1.3 billion, suspends dividends

Lufthansa (Frankfurt) issued the following financial statement: Lufthansa Group generated revenue of EUR 30.1 billion in 2012 ($40.2 billion) (previous year: EUR 28.7 billion). Net profit for the...

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Cathay Pacific orders three additional Boeing 747-800F freighters

Cathay Pacific Airways (Hong Kong) and Boeing have announced an order for three additional 747-8 Freighters. The order, valued at approximately $1 billion at list prices, also includes options for...

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Cargolux loses $35.1 million in 2012

Cargolux Airlines International (Luxembourg) issued its financial statement for 2012: At the April 24 annual General Meeting, the shareholders of Cargolux Airlines International S.A. approved the...

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Atlas Air Worldwide Holdings reports 1Q net income of $5.9 million

Atlas Air Worldwide Holdings, Inc. (Atlas Air) (New York-JFK) today announced adjusted net income attributable to common stockholders of $5.9 million, or $0.22 per diluted share for the first quarter...

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Lufthansa to change take-off procedures on June 1 to lower fuel consumption...

Lufthansa (Frankfurt) has issued this statement about new take-off procedures for its flights outside of Germany: Lufthansa is set to change its take-off procedure for all departures outside Germany,...

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Korean Air agrees to order five Boeing 747-8s and six additional 777-300 ERs

Boeing (Chicago) and and Korean Air (Seoul) today announced that the airline has agreed to purchase five 747-8 Intercontinental airplanes and six 777-300 ER (Extended Range) jetliners, valued at...

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Lufthansa to deploy the Boeing 747-800 on the Frankfurt-Mexico City on...

Lufthansa (Frankfurt) will introduce the relatively new Boeing 747-800 on the Frankfurt-Mexico City route on September 2, 2013 according to Airline Route. Copyright Photo: Michael B....

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Boeing downgrades the 747-8 production rate to 1.5 aircraft per month

Boeing (Chicago) has just announced that it will adjust the production rate for the 747-8 program from 1.75 airplanes to 1.5 airplanes per month through 2015 because of lower market demand for large...

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British Airways to return three GSS Boeing 747-8 freighters to Atlas Air...

Atlas Air Worldwide Holdings, Inc. (Atlas Air) (New York) has announced it intends to pursue new ACMI (aircraft, crew, maintenance and insurance) placement opportunities for three 747-8 Freighter...

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