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Business Buzz ¦ Continental Airlines has received an award from the US Environmental Protection Agency’s Design for the Environment Program in recognition of the airline’s use of an environmentally friendly, non-chromium surface pretreatment...


Business Buzz

¦ Continental Airlines has received an award from the US Environmental Protection Agency’s Design for the Environment Program in recognition of the airline’s use of an environmentally friendly, non-chromium surface pretreatment for its aircraft. Continental is the first commercial air carrier to use this technology on its aircraft, using a product called PreKote, produced by Pantheon Chemical. This is Continental’s second EPA award. The carrier has also been recognized by NASA and FORTUNE magazine for its environmental leadership.

¦ The Transportation Security Administration is launching a program that for the first time aims to screen all cargo on passenger airplanes. The effort begins this summer in major cities and could lead to longer delivery times for packages shipped through the air. It seeks to close a hole that allows millions of packages to be carried under passenger cabins without being checked for bombs. A law enacted last year requires that all passenger-plane cargo be screened, starting in 2010.

¦ Swissport Cargo Services extended its airfreight activities to Vienna Airport at the beginning of April. The new operation is set to handle some 25,000 tons of cargo a year, and the present warehouse capacity should be extended to more than 3,300 square meters by 2009. The first customers of the new Swissport Cargo Services operation include Lufthansa, Air France/KLM, Alitalia and DHL.

¦ Deutsche Lufthansa AG and Berlin’s airports will sell their stakes in ground handling company GlobeGround Berlin GmbH to WISAG Group, according to a statement by Lufthansa. No financial details were disclosed. The German flagship carrier holds a 49-percent stake in GlobeGround, while the Berlin airports hold the remaining shares, Lufthansa said. The deal is pending regulatory approval. GlobeGround will continue operations under WISAG, it said.

¦ FMC Technologies Inc. reported first quarter 2008 revenue of $1.3 billion, up 32 percent over the first quarter of 2007 with the growth coming from each of its four reporting segments. Diluted earnings per share from continuing operations was $0.62, up 38 percent from $0.45 per diluted share in the prior-year quarter. The diluted earnings per share of $0.62 for the first quarter included a $0.01 per share charge associated with the intended spin-off of the FoodTech and Airport Systems businesses and a $0.06 per share charge associated with non-cash mark-to-market charges for foreign currency contracts. In the first quarter, inbound orders for the company totaled $1.4 billion, of which $1.2 billion was in Energy Systems. Backlog reached a record $5 billion, including a record $4.6 billion in Energy Systems. Operating profit in Energy Systems was strong, up 53 percent in Energy Production Systems and up 30 percent in Energy Processing Systems from the first quarter of 2007.

¦ Swissport will extend its present passenger services at Kiev Airport to ramp activities on June 1. The company has just won the corresponding Page 2 license for a 10-year period. The expansion underlines Swissport’s high ambitions for the Ukrainian market. The Swissport customer portfolio in Kiev includes home hub carrier Ukraine International and more than 20 other airlines.

¦ In 2008, Hannay Reels celebrates its diamond jubilee anniversary, marking 75 years of reel pride for the company. Since 1933, the Hannay family has owned and operated the world’s leading manufacturing facility of hose and cable reels. The formula for more than seven decades of success has included continual facility expansion, along with constant product developments in order to meet market needs and solve customers’ unique problems.

¦ A number of air carriers elected to adopt new ground handling solutions for their operations at Paris Charles de Gaulle Airport at the beginning of the year. Flybe, Asiana, Dallo, Egyptair, Ethiopian Airlines, Turkish Airlines, Air Transat and Lufthansa will all commence new partnerships with Swissport in the next two months (some of them in collaboration with WFS). The new agreements reflect the efforts currently being made by Star Alliance to bring as much of its members’ ground handling operations “under one roof” as possible.

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