Global logistics giant Panalpina and U.S. cargo airline Atlas Air are strengthening their long-standing partnership in the air cargo industry, with a new five-year agreement which envisages Panalpina expanding its “controlled” network of air cargo services.

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Based on the list price of the Q400 NextGen airliner, Bombardier Aerospace values the firm order at approximately US$32.2 million. The value could increase to $65.78 million should Luxair exercise its option.

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British Airways has unveiled a raft of new domestic and international flights for its winter 2012 schedule, which begins on October 28. UK regions will see more BA services as a result of parent company International Airlines Group’s purchase of BMI earlier this year.

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