All articles by Air Cargo News (Admin) – Page 153
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News
Bolloré Logistics takes majority stake in Denmark's Global Solutions
Bolloré Logistics has taken a majority stake in the Danish freight forwarder Global Solutions as part of the French forwarder’s “strategic development through external growth”.A Bolloré spokesperson said: “This latest transaction will expand further Bolloré Logistics’ network in Europe and the company’s global end-to-end offering in the Scandinavian markets.“Already established ...
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CAL Cargo: Busy growing a bespoke service
Offer Gilboa went from running a successful textile business to owning Israel’s CAL Cargo Airlines (CAL) because he liked the cut of its cloth.Gilboa, trained as a lawyer and with an MBA, began his career in the rag trade supplying clothing for some of the world’s largest retailers.“I was managing ...
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East-West airfreight price index down 9 cents in December
“Drewry’s East-West Airfreight Price Index edged down to $3.06 per kg in December 2017, a drop of 9 cents from the previous month, in keeping with seasonality.On an annual basis airfreight rates in the month were 8% above December 2016 and given anecdotal reports of tighter capacity, Drewry expects prices ...
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Asia Pacific carriers saw 9.8% cargo growth in 2017
Asia Pacific airlines’ international air cargo market enjoyed “robust growth” of 9.8% in 2017, underpinned by an “acceleration in economic activity” across most regions.Preliminary traffic figures for the full calendar year 2017 released by the Association of Asia Pacific Airlines (AAPA) showed that international air cargo demand registered its “fastest ...
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AEI reports "stellar" 2017 for freighter conversions
A "stellar" market for passenger to freighter aircraft conversions saw Aeronautical Engineers Inc. (AEI) deliver 27 converted aircraft in 2017 to leasing and operator customers world-wide.Robert Convey, AEI senior vice president of sales & marketing, said: “2017 turned out to be another stellar year for AEI freighter conversion deliveries.“We expect ...
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Aviation welcomes African open skies agreement
The African Union (AU) has launched the Single African Air Transport Market (SAATM) as it hopes to capitalise on the benefits brought by air transport.It is hoped that a single aviation market, launched yesterday at the AU Summit, will help promote trade, cross-border investments and create an additional 300,000 direct ...
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FirstAir plans Ottawa cargo expansion
Canadian airline FirstAir has applied for government funding to expand its cargo facilities at Ottawa Airport as it anticipates demand growth over the coming years.The wholly Inuit-owned airline said that it expects cargo demand to grow by 28% over the next five years and therefore needs to ensure that it ...
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American Airlines Cargo hopes to capitalise on new European destinations
American Airlines' cargo division is hoping that it can benefit from the addition of three new European destinations to the carrier's network.Beginning on May 4, American will add new services from Philadelphia to Budapest and Prague, while on June 7 it will begin serving Reykjavik from Dallas Fort Worth.In May, ...
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FedEx trumpets $1.5bn investment in Indianapolis hub
FedEx is to investing $1.5bn to "significantly expand" the FedEx Express Indianapolis hub over the next seven years as part of a three-pronged pay, pension fund and infrastructure investment package outlined today.The US parcel and logistics giant's Memphis SuperHub will also be modernised and enlarged in a major programme, the ...
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Expanding SF Airlines adds new route to Lhasa
Fast-expanding SF Airlines has launched its second new service of the year, this time connecting Chengdu with hard to reach Lhasa.The first flight took place on January 22 with regular services due to start in April. SF Airlines said the service would largely cater for perishables, such as Yangcheng Lake ...
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FedEx's Binks to retire in June
David Binks, FedEx Express Europe president and chief executive of TNT, will retire in June to be succeeded by Bert Nappier, currently FedEx Express senior vice president of finance - international.Binks, who started with FedEx in 1983 as part of an acquisition in the UK, rose through the ranks, leading ...
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Flexport launches recruitment drive as it opens new German office
Flexport has opened a new office in Hamburg, Germany, and will recruit more than 100 employees over the next three years to fill positions at the facility.The new office will be the company's second European station and comes as the forwarder has set an ambitious revenue growth target of 300% ...
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LATAM achieves CEIV for Miami handling operation
LATAM Cargo has achieved CEIV certification for its handling operations in Miami, following on from gaining the validation for its airline operations last year.The Chile-based airline said the achievement is the result of a joint and co-ordinated effort of different departments across the company and ensures its commitment to become ...
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NewsCargo the star performer for American Airlines
Cargo was the star performer for American Airlines in 2017 as revenues increased at a double-digit percentage pace on the pack of demand and yield improvements.The Dallas-headquartered airline registered a 14.3% year on year increase in cargo revenues to $800m on the back of a 15% jump in traffic to ...
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News
Schiphol stakeholders lobby politicians ahead of debate on slot crisis
Schiphol’s air cargo community has called on Dutch politicians to implement a ‘local rule’ proposal to end the aircraft slot crisis at Europe’s number three cargo hub.The Netherlands Parliament will this afternoon discuss the draft local rule designed to ease Schiphol’s slot restrictions that have seen some freighter aircraft operators ...
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Swissport to seek IPO and listing on SIX Swiss Exchange
Swissport Group is to seek an Initial Public Offering (IPO) and listing of its shares on the SIX Swiss Exchange.Swissport's sole shareholder, China’s HNA Group, is expected to retain a long-term strategic shareholding following the IPO.The Switzerland-based global leader in ground handling and cargo services will continue to function as ...
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It's a RAP, Virgin Atlantic Cargo approves CSafe's container for pharma shipments
Virgin Atlantic Cargo has approved CSafe’s new RAP container for transporting temperature-sensitive healthcare products, becoming the first UK airline to do so.Following its approval by both the US Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA), the unit has been approved by Virgin Atlantic’s own operations specialists ...
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Lufthansa Cargo expands Japan freighter operation
Lufthansa Cargo has increased its freighter services to Japan by adding two weekly freighters to Osaka.The MD-11 flights come in addition to existing daily freighter flights from and to Tokyo-Narita as well as the Lufthansa passenger flights to Osaka-Kansai, Tokyo-Haneda, and Nagoya.The new route is operated from Frankfurt via Novosibirsk ...
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GROUP7 starts work on new Frankfurt logistics centre
GROUP7 has started work on a new 25,500 sq m multi-user logistics centre close to Frankfurt Airport.The new €27m centre will offer state-of-the-art technology, including driverless transport systems, 3D printers and scanning technology.The site is in the immediate vicinity of the Frankfurter Kreuz – Europe’s largest traffic interection – and ...
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Pharma.Aero adds Hong Kong airport, AirBridge and Alha as members
Pharma.Aero has added Hong Kong International Airport (HKIA), AirBridgeCargo Airlines (ABC) and Alha Group as members of the pharma supply chain association.Nathan De Valck, chairman of Pharma.Aero, said: “In the past year we have expanded our global network, created awareness and facilitated the collaboration within the industry.“The open internal dialogue, ...