Tag Archives: air freight

No sign of China & HK recovery in Cathay Pacific/Dragonair figures for May

From the official statement just released to the Hong Kong Stock Exchange and on financial wires:-
Cathay Pacific Airways and Dragonair traffic figures for May 2009 show a significant fall in passenger numbers compared to the same month last year and another marked drop in the amount of cargo and mail carried.
In May, the two [...]

Price fixing is theft

Qantas has announced a $20 million settlement with the ACCC in relation to price fixing within its freight division in Australia. It has previously settled its liability for similar conduct by its employees in the US, and says it could take several years to conclude its involvement in related investigations in Europe and elsewhere which [...]