Maputo - Mozambique's national airline, Linhas Aéreas de Moçambique (LAM), announced Wednesday it would increase airfares by 10 per cent and reduce its number of flights as a result of high oil pri
DHL, the global major in international express, transport, courier and air freight has signed a five-year agreement with Airbus, one of the world's leading aircraft manufacturers.
Hong Kong - Hong Kong's flagship airline Cathay Pacific Wednesday issued a profit warning to investors, saying its 2008 results would be "disappointing" because of rising fuel prices.