TOKYO (Reuters) - Toyota Motor Corp aims to have half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and said it will tie up with Chinese battery makers to accommodate an accelerated shift to electric power. The change illustrates both the breakneck growth in the
Author: Jack Smith
Black cab drivers lose High Court challenge against Uber
Uber, a challenge to black cab drivers in Britain The highest-ranking judge in England and Wales dismissed the challenge that Uber's license was issued by a "biased" judge. Black cab drivers have lost a High Court challenge to strike down Uber's licence to operate in London. Dismissing the case, the Lord Chief Justice, Lord
Drone Scare Near New York City Shows Hazard Posed to Air Travel
A reported sighting of a drone near Newark Liberty International Airport on Tuesday halted operations at the airport.CreditSeth Wenig/Associated Press A reported sighting of a drone near Newark Liberty International Airport on Tuesday halted operations at the airport.CreditCreditSeth Wenig/Associated Press One of the busiest airports in the country was closed to arriving
Airports underperform industry cargo growth in December first look
Budapest airport cargo terminal December cargo throughput results for the world’s airport are still trickling in, but early analysis indicates an overall diminished peak season for air freight. With only a couple of exceptions in Europe and Asia, volumes and traffic across most airports posted year-over-year declines in volume for December,
Cathay Pacific makes good on first-class ticket blunder
The tickets are for flights from Vietnam to New York on Cathay Pacific for around $675 return instead of about $16,000 normally. Cathay Pacific Airways said it would guarantee thousands of first and business-class flights sold at huge discounts after a ticketing error, calling the mistake a surprise special on New
Qatar Airways acquires 5 percent stake in China Southern
DUBAI, United Arab Emirates (AP) - Qatar Airways says it now holds a 5 percent share in China Southern Airlines, helping expand the Gulf carrier’s reach in one of the world’s fastest-growing aviation markets. Qatar Airways Group said Wednesday the acquisition of additional shares of China Southern supports its overall investment
BUD Airport sees record cargo traffic numbers in October
Budapest airport cargo terminal Budapest Airport (BUD)’s October traffic results show that the airport is an increasingly popular hub for air cargo. During the month, it processed 13,313 tonnes of freight, a 23 percent increase, year-over-year, making it the largest traffic figure ever recorded at the hub during October. “As of today,
IATA reports demand increased only 2 percent in September
September traffic data from the International Air Transport Association (IATA) shows a sluggish 2 percent year-over-year growth in demand, measured in freight tonne kilometers (FTKs) – less than half of the five-year average growth rate of 5.1 percent. The report is essentially on par with the WorldACD’s September analysis, which reported
Air Canada Cargo to modernize its Edmonton facilities
Air Canada broke ground today on a new facility that will house its ground support equipment service and cargo teams at Edmonton International Airport (YEG). The new, 4,645-square-meter facility being built by Terracap Group is set to open in September 2019. Air Canada has signed a 15-year lease for the multi-tenant
Med-View Airline Restructures, Sacks 60 Workers
Nigerian domestic carrier, Med-View Airline, has sacked about 60 members of its staff comprising pilots, engineers and crew members. The workers were said to have been served the termination letters on October 5, with a clause that they would be reconsidered for employment when the situation improves. The Executive Director, Business Development, Med-View