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PostHeaderIcon Airlines struggle to cope with global overcapacity midst Mideast boom

The global air freight sector is facing a supply surplus, and airlines around the world are now desperately trying to bring capacity back in line with demand.

Globally freighter capacity rose 2.1 per cent in the first half of the year against a demand contraction of 2.6 per cent

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PostHeaderIcon Seago Line: Fos sur Mer call added to the Mediterranean Sea service

This service will offer fixed weekly departures from Haifa every Thursday evening with arrival on Tuesday mornings to Fos sur Mer

Feeder shipping company Seago Line, part of Danish group AP Moller-Maersk A/S announced that

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PostHeaderIcon Air Arabia to start service to Ufa, Russia

Air Arabia has announced the launch of services to Ufa, its third destination in Russia. Flights to the Russian city will commence on October 2nd, marking Air Arabia’s 77th destination worldwide.

The carrier will offer two weekly services between Sharjah and Ufa on Tuesdays and Fridays.

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PostHeaderIcon Israel, S.Korea aim to sign FTA by April 2012

The Israeli government has announced that South Korea and Israel will begin free trade talks with the goal to sign a trade pact by April.

Israel's Ministry of Industry, Trade and Labor Shalom Simchon made the announcement at the World Trade Organization in Geneva.

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