Other News - 03/06/2006

Qantas shelved plans to establish intra-Asia freight services through a Thai-based joint venture amid deepening concerns about rising fuel prices and the medium-term outlook for air cargo. Executive GM-Associated Businesses Grant Fenn said the airline has "put back indefinitely" the start of flights by 49%-held Thai Air Cargo. He told The Australian newspaper yesterday that "a decision on operating in the future will be made when the economic environment has improved." TAC was established ...