Archive for May, 2011

IATA Sees 10 Airlines Joins Carbon Scheme this Year

Ten airlines are expected to start investing in projects this year that earn carbon credits under a UN scheme to help offset emissions, officials said on Friday as Kenya Airways became the first African carrier to enlist. The International Air Transport Association (IATA) is running a carbon offset programme...

May 13th, 2011 | Travel | Read More

Air freight traffic rebounds in March

Year-on-year growth in freight markets rebounded to 3.7% in March from the 1.8% recorded in February, according to the International Air Transport Association (IATA). From the second half of 2010 until January 2011, international air freight expanded in tandem with the growth in world trade at an annualized...

May 12th, 2011 | Aviation | Read More

7 Nations signs for Single European Sky

Austria, Bosnia & Herzegovina, Croatia, Czech Republic, Hungary, Slovak Republic and Slovenia have today signed an agreement to create the “Functional Airspace Block – Central Europe” (FAB CE) an important step towards achieving the Single European Sky. Slowly the political objectives...

May 12th, 2011 | Aviation | Read More

Qatar Airways in talks to buy into Cargolux

Qatar Airways is in talks to buy at least a third of the freight airline Cargolux as part of ambitious expansion plans that would give it a bigger share of the world’s rebounding cargo market, the carrier’s CEO said. Akbar al-Baker declined to provide financial details of the 33% stake in...

May 12th, 2011 | Aviation | Read More
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