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Smith Leads With Paycut
News | www.topix.net | 14 hours 10 minutes ago
Founder CEO Fred Smith is taking a 20 percent paycut this year as part of cost reduction program aimed at saving the company $200 million and a further $600 million in 2010.
http://www.topix.net/business/air-courier/2009/01/smith-leads-with-paycut
Continental Airlines Pilots Press for New Contract
News | propilotnews.com | 14 hours 20 minutes ago
Pilots at Continental Airlines are pressing for a renewed focus on negotiations for a new contract. According to the Air Line Pilots Association (ALPA), the union representing approximately 5,000 pilots at Continental, their current contract became amendable on Dec. 31, 2008.
http://propilotnews.com/2009/01/continental-airlines-pilots-press-for.html
Cargo plane skids off Sharjah runway
News | www.ameinfo.com | Jan 3, 2009
An Antonov-12 cargo aircraft skidded off the runway at Sharjah International Airport during its takeoff for Afghanistan on Friday, Gulf News has reported. The aircraft is owned and operated by ...
FEDEX, UPS PREPARE FOR 2009; They're Greeting Global Recession With Cost Cuts
News | www.airportbusiness.com | Jan 2, 2009
They lost a domestic competitor in DHL for U.S. air cargo shipments, recorded profits in their most recent reported quarters and charged extra to offset fuel costs for awhile.
IATA: Cargo and Passengers down sharply in November 2008
News | www.3plwire.com | Dec 31, 2008
3PL - Third party logistics trends, news, and, information blog Quotes Giovanni Bisignani, IATA's CEO, the ...drop in international cargo is shocking.... Maybe, but it shouldn't be too surprising. These ...
http://www.3plwire.com/2008/12/30/iata-cargo-and-passengers-down-sharply-in-november-2008/
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Agreement keeps aircraft defensive system at Robins
News | www.af.mil | Dec 24, 2008
Maintenance personnel here will begin to work on an advanced weapons system that protects large cargo aircraft from attacks from shoulder-fired missiles in a Dec. 11 contract agreement between Air Force and Northrop Grumman officials. Brig. Gen. Mark A. Atkinson, the 4
Air T To Get $550,000 Settlement - Zibb.com
Press Release | www.zibb.com | Dec 24, 2008
Air T, Inc. (Nasdaq: AIRT) today reported that it will receive $550,000 over two and a half years, in a legal settlement relating to inspection and repair costs it incurred following an incident in February 2005 involving deicing equipment it sold to the Philadelphia International Airport. Air T,
Northrop Grumman Wins Contract to Upgrade Radar Systems for Iraqi Air Force (PR Newswire)
Press Release | biz.yahoo.com | Dec 22, 2008
Northrop Grumman Wins Contract to Upgrade Radar Systems for Iraqi Air Force. - CHARLOTTESVILLE, Virginia, December 22 /PRNewswire/ -- Northrop Grumman Corporation (NYSE: NOC - News) has been awarded a contract to upgrade weather and navigation radar systems on Iraqi Air Force C-130 cargo aircraft.
http://biz.yahoo.com/prnews/081222/3807970en_public.html?.v=1
Australia ACCC: Court Proceedings Against Singapore Air Cargo
News | www.smartbrief.com | Dec 22, 2008
SYDNEY (Dow Jones)--Australia's competition regulator said Monday it has commenced legal proceedings against Singapore Airlines Ltd. (C6L.SG) for alleged price fixing in the air cargo industry between 2001 and 2005. Under the action, set down for hearing in Sydney's Federal Court on Feb.
Air cargo faces bleak prospects
News | www.flightglobal.com | Dec 22, 2008
Things are not looking good for the air cargo industry, with IATA predicting a 5% fall in freight traffic in 2009. But there is hope among some cargo executives that demand could start to stabilise in the second or third quarter of the year
http://www.flightglobal.com/articles/2008/12/22/320599/air-cargo-faces-bleak-prospects.html
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