All articles by Air Cargo News (Admin) – Page 170
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News
Panalpina consolidates Prague presence
Freight forwarder Panalpina has consolidated its three Prague warehouses into one 7,000 sq m facility at the logistics centre in Pavlov, close to Vaclav Havel airport in the Czech capital.The new facility opened in September and offers services such as Customs clearance for imports and exports, pick and pack, labelling, ...
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Jonathan Clark joining AMI as new chief executive
Menzies Aviation has appointed Jonathan Clark as chief executive of Air Menzies International (AMI), its airfreight and express wholesaler subsidiary. Clark takes up the role in January 2018.He replaces Stephen Koller, who has left the company to pursue other interests.Clark has long experience in the air cargo sector, and over ...
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Network Airline Management and Astral add B747-400F
Network Airline Management (NAM) and Astral Aviation have signed a long-term wet lease with Air Atlanta Icelandic adding a factory-built, nose-loader B747-400F to their existing managed fleet of three MD11Fs.This will enable NAM to develop their presence in Africa, and especially the Kenyan perishables market, adding capacity for flowers and ...
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Qatar Airways takes a 9.6% stake in Cathay Pacific
Qatar Airways has acquired a 9.61% stake in Hong Kong-based Cathay Pacific Airways.Both Cathay Pacific and Qatar Airways collaborate together as members of the oneworld passenger alliance.Cathay's current shareholders, Air China Ltd and Swire Pacific Ltd, will together continue to hold 74.99% shares in the airline. In August, Qatar Airways ...
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Atlas expects strong fourth quarter and solid peak season
US-based freighter lessor Atlas Air Worldwide Holdings (AAWH) is looking to “a strong fourth quarter,” and anticipates “solid peak-season yields and volumes” in year-end 2017.AAWH, which leases B767 freighters to Amazon’s Prime Air overnight parcel airline, announced a loss from continuing operations, net of taxes, of $24.2m, including an unrealised ...
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AirBridge regains Schiphol freighter slots
Russian airline AirBridgeCargo has won back its full tranche of freighter slots at Amsterdam's Schiphol airport after Moscow threatened to withdraw overfly rights for Netherlands-registered aircraft, including those for Dutch airline KLM.ABC said in a statement: "As a result of two-days of negotiations, KLM and ABC have come to an ...
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IAG Cargo supports Monochrome exhibition
IAG Cargo is sponsoring the current Monochrome: Painting in Black and White exhibition at London’s National Gallery and has moved over 50 pieces of artwork from around the world to the venue via its ‘Secure’ service for high-value shipments.The pieces, including works on glass, ceramic, silk, wood and canvas by ...
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UPS joins BiTA for blockchain logistics
US integrator UPS has joined the Blockchain in Trucking Alliance (BiTA) for the development of blockchain technology standards and education in airfreight.Blockchain is a digital database that encrypts information in secure, linked ‘blocks’. According to Linda Weakland, UPS director of enterprise architecture and innovation, it “has multiple applications in the ...
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Two more Turkish Cargo stations achieve pharma standard
Turkish Cargo has gained QEP Accreditation from Envirotainer for its Brussels and Atlanta stations for the quality of its pharmaceutical services.The carrier, which also delivers temperature-controlled medical products via QEP accredited stations in Bombay, Frankfurt, Hyderabad, Seoul, Istanbul and Tel Aviv, has been widening its services to over 300 points ...
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American Airlines adds third non-stop Beijing connection
American Airlines (AA) has launched daily non-stop B787-7 Dreamliner flights between Los Angeles and Beijing – its third direct link with the Chinese capital.AA also flies to Beijing from Chicago and Dallas.Jim Butler, senior vice president–international and cargo at the airline, said: “The new route enhances our expanding Asia-Pacific network ...
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Dachser renews ISO certification
Atlanta-headquartered multimodal transportation service provider Dachser USA has gained ISO 9001:2015 certification for the second year in a row.In other news from the German-owned logistics firm, recently appointed general manager of the South Central region, Erion Hormoviti, is to head up the company’s newly expanded office in Dallas, Texas as ...
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SIA Cargo achieves massive turnaround
SIA Cargo, the freight arm of Singapore Airlines, has successfully turned the tables on its 2016-17 first-half loss of S$45m, posting an operating profit of S$32m for the same period of the 2017-18 financial year.The carrier attributed the result to higher volumes (up 6.1% year on year) as well as ...
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Freighter lessor ATSG: outlook is bright
US-based aircraft lessor ATSG, provider of Boeing 767 freighters for Amazon's Prime Air cargo airline, saw its revenue increase by 31% to $254.1m year-on-year in the third quarter of 2017.Joe Hete, president and chief executive, said the results “reflect growth in our operating fleet and strong double-digit growth in associated ...
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Thomas Knudsen to join Toll Group
Toll Group, part of Japan Post, has appointed Thomas Knudsen to the role of president, global forwarding, commencing in January 2018.Based in Singapore, Knudsen will lead more than 3,100 Toll team members across 26 countries, as well as a network of agents across more than 150 countries, all providing international ...
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AEI reaches the heights with Pinnacle deal
Miami-headquartered Aeronautical Engineers, Inc has inked a contract to provide two CRJ200 SF freighter conversions to the Pinnacle Partners group of companies.The first CRJ200 is expected to begin the modification process this month (November), with re-delivery scheduled for March next year.The second aircraft will begin the modification process in December, ...
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Peli BioThermal to open European service centre
Temperature controlled packaging manufacturer Peli BioThermal will this week open a European service centre in Belgium for the pharmaceuticals sector. It also serves as an additional depot for the company’s Crēdo on Demand rental program.Located in Brussels, a key hub for both pharmaceutical manufacturing and logistics, it enables global clients ...
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TIACA think tank to focus on new strategy
New TIACA chairman Sebastiaan Scholte has set up a ‘think tank’ of 15 high-standing individuals in the industry — most of them members — to help improve the association’s links with the air cargo sector.He said that TIACA still faced “a collective challenge to make TIACA more relevant for the ...
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Property boosts Agility profits but freight is flat
Middle East headquartered global freight forwarder Agility reported third quarter earnings up 18.1% to 14.2 fils per share on net profit of KWD17.8m, an increase 17.4% over the same period in 2016.However, the growth was due mainly to a strong performance by its infrastructure business; the forwarding business was relatively ...
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Qatar re-commits to wildlife fight
Qatar Airways has recommitted to the Buckingham Palace Declaration, which it signed in 2016 to protect wildlife from illegal trade and transportation.The carrier said it had a policy of zero tolerance towards the illegal transportation of endangered species through its network and would continue to raise employee and passenger awareness ...
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E-commerce leads Aramex profit growth
Middle East based forwarder Aramex said its net profits had increased by 13% in the third quarter of 2017 to AED 81.6m, up from AED 72.2m in 2016.Revenues in the third quarter, ending September 30, also increased 9% to AED 1,144m, compared to last year’s AED 1,050m. Were it not ...