Aviation

Asia Pacific airlines received higher revenue, but lower profits last year. The Association of Asia Pacific Airlines (AAPA) said the total net profit of $4.8 billion in 2011 was down 47% on the previous year, due to higher oil prices and a weaker cargo market. Based in Kuala Lumpur, AAPA said total revenue among its [...]

American Airlines (AA) is planning to axe 1,200 airport cargo and baggage jobs as part of a bankruptcy restructuring plan to cut its wage bill by $1.25 billion. All AA jobs at airports in six US cities and two in Canada will be outsourced. The Fort Worth-based carrier said the staff changes would be implemented [...]

The Bulletin   From October 16, 2012, the airline Condor will offer a second frequency on the Panama-Frankfurt-Panama route. The airline is increasing its weekly flights by adding an additional frequency every Tuesday from October 16 from Panama to the city of Frankfurt, Germany. Condor currently offers a weekly flight every Friday. Frankfurt Airport is [...]

Demand for air cargo rose by 5.2% in February over the same month in 2011, according to the latest figures from the International Air Transport Association (IATA). However, Latin American airlines saw the most significant decline, with a 3.6% fall compared with previous-year levels. Several factors distorted the February result when comparing it with last [...]

With these additions, the carrier’s fleet will include four B777F aircraft, the world’s largest and most advanced twin-engine freighter. Southern Air has already taken delivery of its third and fourth planes.The new aircraft will be dedicated to DHL Express for its new round-the-world service from Hong Kong, Los Angeles, Leipzig and back to Hong Kong. [...]

Air France, which last month reported a net loss of 809 million euros ($1 billion) in 2011, has made cutting controllable costs by 20% the main plank in its business restructure plan, “Transform 2015”. The French flag carrier has outlined measures to turn around its air cargo division, which reported an operating loss of 60 [...]

The Bulletin Due to high economic growth in Latin America, the continent will need up to 2,500 new commercial aircraft over the next 20 years. This forecast has been made by the aircraft construction sector, which estimates that Latin American Airlines will need more planes to cover increased demand from other sectors of the economy, [...]

The three major aircraft manufacturers, Airbus, of Europe, Boeing of the US and Embraer of Brazil, have reached a cooperation agreement on biofuel. The three global industry leaders have agreed to accelerate the commercialization of biofuels, “a key element for sustainable growth” of the sector, it was reported in Paris. The common goal of the [...]

Guna Yala is one of the areas to benefit from the government´s program of construction and upgrading of Panama´s airports. The airstrip at Porvenir, the island at the extreme west of the Comarca of San Blas, the reservation of the Guna Indian tribe is being widened and leugthened. The runway is being extended along the [...]

Juan Rafael Cortés Dean The remodeling and expansion of the Enrique Malek Airport in David, Chiriqui, is 87% complete. This will increase the capacity to receive large aircraft that fly internationally and will lead to an increase in tourists visiting the province, said Oldemar Patino, head of the work and a staff member of the [...]