All articles by Air Cargo News (Admin) – Page 106
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News
First A330-200 freighter conversion delivered to Egyptair Cargo
Egyptair Cargo has taken delivery of an Airbus A330-200 Passenger-to-Freighter (P2F) converted aircraft from Elbe Flugzeugwerke (EFW).The delivery comes following the successful completion of test flights in June and awarding of the Supplemental Type Certificates (STCs) by the European Aviation Safety Agency (EASA) and Egyptian Civil Aviation Authority (ECAA) in ...
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CEVA completes $1.4bn refinancing
CEVA Logistics has completed a comprehensive refinancing package, totaling $1.4bn.The company raised €300m of 5.25% senior secured notes due 2025, a $475m secured term loan B due 2025 and a $585m senior revolving credit and ancillary facility due 2023.The Switzerland-listed logistics company said that it has "achieved attractive terms and ...
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Brexit: Keep the planes flying and the trucks rolling, says FTA
UK Logistics professionals have warned the government’s Brexit negotiators to prioritise the negotiation of aviation and road access agreements with the European Union (EU) as the clock keeps ticking on Britain's departure from the EU.The FTA membership association, representing more than 17,000 UK logistics businesses, issued its supply chain warning, ...
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NewsIAG cargo revenues climb in Q2 despite traffic decline
IAG Cargo saw revenues climb during the second quarter despite a decline in traffic during the period.The airline group saw total second-quarter cargo revenues increase by 3.7% year on year to reach €281m, while traffic declined by 0.3% to 1.4bn cargo tonne kms (CTK).Cargo volumes were flat at 173,000 tonnes ...
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City Union Logistics moves transformers with nine charters
City Union Logistics has transported transformers weighing 900 tons in nine freighter charters for General Electric from Changzhou, China, to Cairo in Egypt.The XLProjects member chartered four Antonov AN-124 flights and five with a Boeing 747F to move the 2,000 cu m load.Said a spokesperson for XLProjects: "The project’s main ...
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Kuehne+Nagel makes another perishables acquisition
Kuehne + Nagel (K+N) has completed the acquisition of the perishables business of Panatlantic Logistics, Ecuador.K+N said the acquisition will enable it to strengthen its position in the export market to the US, Europe and the Asia-Pacific region.Yngve Ruud, member of the Managing Board of K+N International, responsible for airfreight, ...
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Delta Cargo expands online portal functionality
Delta Cargo has expanded the functionality of its booking portal to cover all the different products it offers.The airline said that the expansion means that the full Delta product portfolio, including pharma, are now available on the platform while users will also now be able to track cargo by location, ...
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Atlas Air reports strong second quarter despite loss
Atlas Air Worldwide Holdings has announced "strong second-quarter" 2018 business growth on the back of increased demand despite recording a loss for the period.The aircraft lessor saw revenues for the period increase 15.8% year on year to $666.1m, while it registered a loss from continuing operations before taxes of $21.1m ...
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NewsSchiphol sees cargo demand slide in H1 as slot limit takes its toll
Schiphol Airport saw its cargo volumes decline by 2.6% in the first half of the year as a result of fewer freighter services.The airport handled a total of 844,317 tonnes of cargo during the first six months of 2018, compared with 866,971 tonnes during the same period in 2017.Belly cargo ...
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West appointed managing director at Elite Global Logistics Network
Independent freight forwarding group WCA has appointed Matthew West, its director of North America, as the managing director at Elite Global Logistics Network (EGLN) which merged with WCA in October of 2017.“Appointing Matthew to managing director was a no-brainer,” said Roy Stapleton, president and founder of EGLN - which celebrated ...
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NewsABC Jumbo gives his giraffe friends a lift to China
AirBridgeCargo Airlines (ABC) flew 66 baby giraffes on a charter flight from South Africa to China, via the Russian cargo carrier's Moscow Sheremetyevo hub.The 'tower' of giraffes, collectively weighing around 38 tonnes, travelled on an ABC Boeing 747 freighter (pictured below) at the end of July from South Africa’s O.R. ...
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Hactl's Wilson Kwong: Recognising the power of people
The people side of the air cargo industry is one that is often overlooked, but the subject is growing in importance as reports suggest that the sector could be facing a shortage of workers.One company that says it has always taken employee engagement seriously is Hong Kong Air Cargo Terminals ...
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Hong Kong Airlines selects handlers for its home hub
Hong Kong Airlines has opted for Asia Airfreight Terminal (AAT) to handle its cargo at Hong Kong International Airport (HKIA), while SATS HK will undertake its ramp handling at the carrier’s home hub.In other news, SATS has sold a 51% stake in SATS HK and a 4% stake in AAT ...
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Korean Air in Laos relief flight
Korean Air provided emergency relief supplies for victims of the Laos dam collapse by flying in supplies such as mineral water and blankets.The supplies were flown in via flight KE461 from Incheon to Danang, Vietnam, and arrived at 13:55 PM on July 27.Korean Air’s 40-ton relief package also included 36,000 ...
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MAB Kargo flies 1,500 sheep ahead of Eid Aidil Adha festival
MAB Kargo today completed a charter flight carrying 1,500 sheep across the Java Sea from Surabaya to Kuala Lumpur.Flight MH6435 departed Surabaya’s Juanda International Airport at 17:05 with 50 tonnes of livestock and landed at the Kuala Lumpur International Airport at 20:45.This is the first ever charter that MABkargo has ...
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Air Canada Cargo adds Android app
Air Canada Cargo has expanded its iOS app to work on Android devices.The airline said that it had made the investment following customer feedback. The app will allow users to access flight schedules, track shipments and subscribe to text or email shipment notifications."Air Canada Cargo is committed to investing in ...
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E-commerce fuels XPO's second quarter
E-commerce helped XPO Logistics record a 16% year-on-year revenue rise to $4.36bn in 2018's second quarter, as the acquisitive US giant also gained $2.1bn of new business in the first six months of this year.Adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) increased to $436.7m for the second ...
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E-commerce fuels XPO's record Q1 earnings
XPO Logistics saw record first quarter 2018 revenues with an 18.4% increase year-over-year to $4.19bn, led by organic growth in e-commerce demand for last mile and contract logistics.The fast growing US-based supply chain giant also captured $972m of new business during the first three months of this year, up 36% ...
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ACS sources aircraft to transport barite to stem Hawaiian lava flow
Charter broker Air Charter Service (ACS) recently sourced an MD-11 freighter to fly 68 tonnes of the fire retardant ore, barite, to battle the increasing threat of lava reaching a geothermal power plant in Hawaii.Richard Thompson, president of ACS Americas, said: “Towns and countryside were being turned into a volcanic ...
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Air cargo volume growth stagnates in June
Air cargo volume growth stagnated in June for the first time in two years, according to the latest figures from analyst WorldACD.According to the company, June saw air cargo grow by 0.4% in June, compared with a 3.7% increase over the the first half of the year.Despite the decline in ...