As with the majority of global air freight industry, the Company had to contend with an extremely difficult market environment last year as demand declined in all the major markets
The new A300 service connects to DHL's non-stop service from Hong Kong to Los Angeles (LAX) meaning customers in Penang will be able to utilise DHL's one-day intercontinental express delivery service
The FAA has announced a range of measures to save up to $600m, following budget sequestration, and predict that these will have an adverse affect on aviation operations.
Air France has shrunk its operating loss by some €53m in 2012, following the strategic business plan Transform, however cargo rates are still struggling
Cargolux have released a new business plan for the period until 2017 which is designed to achieve 'profitable growth, enhance shareholder value and ensure the long-term sustainability' of the company
The new 'market-leading' offer includes 5 percent annual salary increases, no increase in employee health care contributions and an increased pension basic benefit for current employees