Air France KLM posted on Wednesday first-half losses, hit by fuel price hedging and a slump in demand for travel, but said it looks to return to operating break-even by the start of the next financial year.

Lorenzo Shipping Corporation was recently awarded by the Bureau of Working Conditions of the Department of Labor and Employment with a Safety Recognition Award during the Annual Safety Milestone Recognition held at the Traders Hotel, Manila.

The Philippine Travel Agencies Association is urging the traveling public to continue using travel agencies for their travel plans which it claims can never be replaced by any airline online service.

Airbus is sticking to a sales target of 300 planes for 2009, but sees a slow return to a healthy flow of new orders over the next two years, its top sales executive said on Wednesday.

The government is all set to implement a pre-inspection from the country of origin all bulk and break bulk cargo shipments such as oil, grains and steel among others starting Dec. 12 this year.

One of the world's greatest engineering marvels is being overhauled as work crews blast through hills to widen and deepen the Panama Canal to make room for a new generation of mega-ships.

Japan Airlines was offered a billion-dollar financial lifeline Wednesday from Delta Air Lines and its SkyTeam alliance partners, as Tokyo refused to rule out allowing the carrier going bankrupt.

China wants expanded access to North Korean ports to help an economic revitalization scheme for a landlocked and struggling northeastern province, and may pay to improve its poor communist neighbor's infrastructure.

United Arab Emirates low-cost carrier FlyDubai said it had secured $160-million financing for two aircraft it received in May.

DHL has unveiled its global strategy to expand its service offerings and infrastructure for the global oil and energy logistics industry.

Frontline Ltd., the world’s biggest supertanker company, said owners of single-hulled vessels are more likely to scrap their ships after the Port of Fujairah said it would ban them next year.

Cebu Pacific offers P499 “Go Lite” seats for certain bus and ferry routes to give more opportunities for every Juan to fly. The promo period is from November 14 to 16, 2009, for travel this December 1, 2009 to February 28, 2010.

Grand Alliance partners Hapag-Lloyd, Nippon Yusen Kaisha and Orient Overseas Container Line have announced their winter program for Asia-Europe services starting December 28, 2009.

FedEx Trade Networks has opened seven new freight forwarding offices across Asia and Europe as part of an aggressive global expansion plan.

Middle East airlines will lead the global aviation industry out of its worst downturn in years, the world's top plane makers said Monday, on the second day of the Dubai Airshow that saw few orders.

At last, countries representing 60 percent of global aviation have signed the principles for air liberalization at the end of the International Air Transport Association’s Agenda for Freedom Summit in Montebello, Canada.

Google is giving the gift of free wireless Internet to travelers at a host of US airports this holiday season.

Dubai aviation leasing firm DAE Capital, which has about $27 billion worth of aircraft orders from Airbus and Boeing , said it will wait until mid-2010 for rates to recover before marketing its aircraft.

Associated Marine Officers and Seamen’s Union of the Philippines Inc. president Gregorio S. Oca (MM, Ph. D) has rallied the cause of professional marine engineers in the country and abroad, urging them to be “proud of their chosen profession,” stressing that this has become a critically important component and to day’s “highly globalize economy.”

US truck operators are under pressure to improve energy efficiency as rail companies tout their green credentials and bid to win more freight haulage.