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Search Result for “cargo hubs”

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GENERAL

Trade group cools jets on aviation hub

Business, Molpasorn Shoowong, Published on 10/06/2024

» DUBAI: The International Air Transport Association (IATA) says Thailand may be constrained in its pursuit of becoming the region's leading aviation hub by 2030 because of global supply chain disruptions, adding that Thailand needs to remove unnecessary regulations and move towards digitalisation for aviation efficiency.

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BUSINESS

Flight test

Asia focus, Erich Parpart, Published on 22/07/2019

» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.