Here are a couple of tips to help you save time, money and hassle when shipping gifts this holiday season—without draining your bank account.» Read More
*Launches for NASA, commercial, military pending. Perched on top of the rocket was a small science and communications satellite called Cassiope, built by MDA Corp of Canada. Ten of those missions are to fly cargo to the International Space Station for NASA.
LONDON, Sept 24- Airbus revised higher its long-term demand forecast by 3.6 percent on Tuesday, saying the aviation industry would need 29,226 new passenger and freight jets worth $4.4 trillion over the next 20 years, led by growth in Asia.
*Cites weaker growth in parts of Asia, air freight slowdown. Sept 23- Global airlines cut their 2013 industry profit forecast by 8 percent to $11.7 billion on Monday, citing weaker growth in parts of Asia and a worsening slowdown in freight demand.
Sept 23- Global airlines cut their 2013 industry profit forecast by 8 percent to $11.7 billion on Monday, citing weaker growth in parts of Asia and a worsening slowdown in freight demand.
PARIS, Sept 16- The new chief executive of Air France-KLM will unveil on Wednesday a cost-cutting plan including staff reductions of around 2,600-3,000, according to Les Echos newspaper. CEO Frederic Gagey is also expected to announce the phasing out of Boeing's 747 by 2016, starting with cargo planes, the paper said without citing sources.
BIRMINGHAM, Ala., Aug 16- U.S. government investigators looking into the crash of a UPS cargo plane said on Friday the pilots received a low altitude warning seven seconds before the sound of impact, according to data recovered from the cockpit voice recorder.
BIRMINGHAM, Ala., Aug 16- U.S. government investigators were able to retrieve data on Friday from flight recorders pulled from the wreckage of a UPS cargo plane, which could shed light on Wednesday's fiery crash in Alabama that killed the jet's pilot and co-pilot. "We do have good data," said National Transportation Safety Board spokeswoman Kelly Nantel.
The United Parcel Service Inc plane's "black box" flight recorders arrived at the headquarters of the National Transportation Safety Board in Washington late Thursday, within hours of being pulled from a heap of melted plastic and debris at the crash site outside Birmingham, Alabama's international airport.
Jeffrey Schwartz, Co-Founder & Chairman of Executive Committee of Global Logistic Properties weighs in on Abenomics. He says Abe should push for a cut in Japan's corporate tax rate.
"I can confirm they were killed in the crash," Birmingham Mayor William Bell said of the pilot and co-pilot, who were not identified immediately. United Parcel Service Inc flight 1354, en route from Louisville, Kentucky, to Birmingham, crashed at about 5 a.m. CDT, according to the FAA.
BIRMINGHAM, Ala., Aug 14- A large UPS cargo plane crashed early Wednesday morning near the airport in Birmingham, Alabama, killing the pilot and co-pilot, the city's mayor said. "I can confirm they were killed in the crash," said Birmingham Mayor William Bell.
BEIJING, Aug 14- Cathay Pacific Airways Ltd, the world's largest international air cargo carrier, is scaling back seating capacity on some long-haul routes to offset declines in its air freight business, allowing it to post a first-half net profit on Wednesday.
TOKYO, July 30- All Nippon Airways said on Tuesday it will buy three Boeing Co 777-300 ER jets and one 767 cargo aircraft, with the orders worth $1.13 billion based on the airplane maker's list price. The 777-300 ER has a list price of $315 million, while the 767 freighter carries a list price of $185.4 million.
The Fed granted its first authorization to trade physical commodities to Citigroup Inc in 2003 after nearly five years of study; the letter allowing it to keep its Phibro unit arrived just six days before a grace period ended.
SAN FRANCISCO, July 14- UPS and FedEx might be worried about international shipments to slowing economies like China, but perhaps they should be more concerned about what's going on in their own back yards. The world's largest online retailer is also increasingly using its own delivery trucks, cutting UPS and FedEx out of some parts of its fulfillment network.
Boeing shares dropped sharply Friday after a fire broke out at London's Heathrow Airport on one of the aerospace giant's troubled Dreamliner planes.
*Boeing plunges on news of Dreamliner fire at Heathrow Airport. NEW YORK, July 12- U.S. stocks were little changed on Friday as the market took a breather after ending at record highs, and as investors digested strong earnings reports from JPMorgan Chase and Wells Fargo but a lowered profit outlook from United Parcel Service.
UPS, an economic bellwether along with rival FedEx Corp because of the high volume of goods they move around the world, blamed a weak U.S. industrial economy, customers' trading down to slower but cheaper shipping services, and overcapacity in the global air freight market.
July 12- United Parcel Service Inc, the world's No.1 package delivery company, estimated second-quarter profit below analysts' expectations, hurt by overcapacity in the global air freight market and a slowing U.S. industrial economy. UPS said it expects to report second-quarter earnings of $1.13 per share.
Rivals Boeing and Airbus have become more cautious about estimating delivery times for new aircrafts, as both grapple with delivery backlogs, because of production difficulties.