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Latest news on the aviation and airfreight industry

$50M Credit Suisse loan to fund PAL spinoff program

Philippine Airlines (PAL) has entered into a $50-million debt agreement with Credit…
  • September 13, 2011
  • 2 minute read

Indonesia’s new cargo inspection system slammed

The business sector in Indonesia has asked the government to revise aspects…
  • September 7, 2011
  • 1 minute read

Asia-Pacific carriers reel from cargo demand slowdown in July

Asia-Pacific carriers were hardest hit by a sluggish air freight market, according…
  • September 2, 2011
  • 2 minute read

PAL union files case questioning Palace decision on outsourcing

The Philippine Airlines Employees Association (PALEA) last week filed a petition before…
  • September 1, 2011
  • 1 minute read

PAL to go ahead with refleeting

Philippine Airlines (PAL) is pushing through with its refleeting plan amid a…
  • August 30, 2011
  • 2 minute read

Global air freight demand declines in July

International air freight demand dipped slightly in July this year from the…
  • August 29, 2011
  • 2 minute read

PAL union intent on holding strike

THE Philippine Airlines Employees Association (PALEA) turned down the Office of the…
  • August 24, 2011
  • 2 minute read

Philippine Airlines books $10M loss in first quarter of fiscal year

PHILIPPINE Airlines (PAL) posted a $10-million loss in the first quarter of…
  • August 22, 2011
  • 2 minute read

Airlines offer US$3.4-million settlement to drop cargo price-fixing charges

Four air carriers have agreed to settle with Canada-based plaintiffs who have…
  • August 19, 2011
  • 1 minute read

Cebu Pacific cargo revenue down 3.7% in H1

The net income of Philippine budget carrier Cebu Pacific (CEB) dropped 22.9%…
  • August 17, 2011
  • 2 minute read