FedEx Seen as Possible TNT Suitor as UPS Bid Falls Short
FedEx Corp. (FDX) may try to jump into the bidding for TNT Express NV (TNTE) after the board of Europe ’s second- largest package-delivery company rejected a $6.43 billion offer from United Parcel Service Inc. (UPS) , investors and analysts said. Read More...
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How safe is the cargo on passenger flights?
London (CNN) -- The call came into the London Metropolitan Police bomb squad in the early hours of the morning. Isolated at the East Midlands airport in central England was a UPS package dispatched from Yemen, containing a laser printer that Saudi intelligence believed had been converted into a bomb. Read More...
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UPS, TNT in talks after 4.9 billion euro bid
(Reuters) - United Parcel Service Inc. ( UPS.N ) is in talks with TNT Express ( TNTE.AS ) after its Dutch rival rejected a 4.9 billion-euro ($6.45 billion) cash bid, the companies said on Friday. Read More...
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Boeing Exec: Sees Upturn In Air Cargo Market In 2H 2012
SINGAPORE (Dow Jones)--The global air-cargo industry could improve on its recent weakness in the second half of this year, in line with a firmer economic outlook worldwide, a Boeing Co. (BA) executive told Dow Jones Newswires Monday. "We do believe that there will be an upturn in the second half of the year and that the air-cargo market will be particularly well positioned, because the marit... Read More...
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Jobless Claims in U.S. Unexpectedly Fall
The number of Americans filing first- time claims for unemployment insurance payments unexpectedly declined last week, indicating the labor market recovery is gaining traction. Read More...
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TCAS version 7.1: Coming to a cockpit near you soon...
From March 2012 (new-build aircraft), Aircraft operating into European Union airspace will be required to have TCAS II V7.1 installed. Retrofit of older aircraft
must be completed before 1 December 2015. While substantially similar to v7.0, Version 7.1 introduces a new “level off” RA designed to eliminate the potential for confusion or misunderstandings created by the existing “adjust vertical ... Read More...
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FAA Delays UAS Rulemaking - February 2, 2012
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Canadian SID & STAR Changes 09 Feb 2012
On February 9, 2012 , Canada will implement SID / STAR phraseology requiring aircraft to comply with published SID / STAR altitude restrictions unless specifically cancelled by ATC . This change differs from FAA procedures outlined in AIM 4-4-10g which states that any new altitude clearance cancels any previous altitude restriction unless that restriction is restated. Read More...
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