All articles by Air Cargo News (Admin) – Page 201
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FedEx dismisses headline grabbing "fantastical" reports that Amazon's air network could compete with integrators
FedEx has dismissed headline grabbing reports that Amazon’s new US air cargo network will become a competitor for its own operations.Speaking shortly after announcing its fiscal third-quarter results, FedEx Services president and chief executive Mike Glenn said Amazon was a valuable customer and it would be difficult for an e-commerce ...
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Brexit: UK shippers call for negotiations "to keep goods moving"
After Britain voted 52% in favour of leaving the European Union (EU), UK shippers have warned that exit negotiations must ensure “the goods keep moving”.Following the announcement of a ‘leave’ result in the EU referendum, the Freight Transport Association (FTA) says that coming out of union “risks new costs, restrictions ...
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Amazon invests $69m in freighter lessor ATSG
Amazon has already taken the opportunity to invest in US air cargo freighter lessor Air Transport Services Group (ATSG), taking a 9.99% share in the company.The e-commerce firm revealed on Friday that it had exercised its right to invest in ATSG by taking just over 7m shares of common stock ...
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Atlas Air waits for Amazon to deliver better things
Atlas Air revealed first quarter net income sharply down in 2016, at $7.7 million compared with $25.8 million for the three months ended March 31, 2015.However, earnings per share were in line with expectations and the company looked forward to its recently announced deal with Amazon to operate a further ...
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IATA urges UK and EU leaders to maintain "safe, secure and efficient" air connectivity
IATA has said the UK’s future relationship with Europe must ensure “safe, secure, efficient and sustainable air connectivity” but warned that airfreight volumes will be affected by lower trade.Following today’s announcement that the UK will invoke its right to leave the European Union, IATA issued a report outlining the effects ...
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Amazon to lease a further 20 freighters from Atlas
UPDATED: E-commerce giant Amazon will double the size of its airfreight fleet after it signed up to lease another 20 freighters, this time from Atlas Air Worldwide Holdings (AAWW), which it will also invest in.The long-term commercial agreements include the operation of 20 B767-300 converted freighters for Amazon on a ...
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DHL: No problem with Atlas/Amazon deal
DHL says it has no problem with its aircraft lessor Atlas striking a deal with potential express customer Amazon to lease 20 freighters in the US.During a first quarter results conference call, Deutsche Post DHL Group chief executive Frank Appel said: “Atlas can work with other customers and [the deal] ...
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Heading for the Brexit, UK aviation considers its options
What does the referendum result for Britain to leave the European (Brexit) mean for UK aviation and its air cargo industry?Without a clear idea of the rules of the game for negotiations between the UK and the European Union (EU), it is hard to paint a proper picture of what ...
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Amazon's freighter deal expected to have minimal impact on UPS and FedEx margins
Amazon’s freighter operation is likely to have little impact on the margins of UPS and FedEx, according to a new report.The report from credit ratings agency Moody’s estimates that Amazon’s 40 Boeing 767 freighters will give the e-commerce firm a fleet with an aggregate payload capacity equal to roughly one ...
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Heathrow expansion, a decade until the new tarmac is available
The UK government has given the go ahead to a third runway at London Heathrow Airport, although the tarmac is unlikely to receive its first aircraft until 2025, at the earliest.Rival airport Gatwick Airport – it wanted to build a second runway in the South East – looks certain ...
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ACI welcomes Heathrow decision – but will it come soon enough?
Airports grouping ACI Europe said it welcomed the UK government’s “tentative” approval for an extra runway at London-Heathrow — subject to another public consultation and parliamentary vote — but pointed out that final approval could stretch on into late 2017.It welcomed the government’s final clarification of its position on expanding ...
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Amazon's UK drone tests, part of a retail industry shake-up
Amazon has gained permission from the UK government to look at the best way to allow hundreds of robotic aircraft or drones to safely navigate British skies.The internet retail giant claims it could eventually allow small parcels to be delivered within 30 minutes of an order being placed.Nick Miller, head ...
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Hollande: France aims to become gateway for Europe after Brexit vote
Britain’s decision to leave the European Union (EU) provides France with an opportunity to attract further foreign investment and to become the “gateway for Europe”, believes French president François Hollande.Speaking at Charles de Gaulle Airport (CDG), following the announcement of a €1.4bn investment by Federal Express (FedEx) at the French ...
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Atlas: first Amazon freighter to enter service "in this quarter"
Atlas Air Worldwide Holdings (AAWW) expects to place its first freighter aircraft into service for internet retail giant Amazon “soon in this quarter”.President and chief executive Bill Flynn, announcing the US-based freighter lessor's second quarter 2016 results, said: “We have secured all of the conversion slots and the vast majority ...
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Mixed feelings on May's Brexit plan from freight and parcel groups
The UK's Freight Transport Association (FTA) has welcomed prime minister Theresa May's vision for "tariff-free and frictionless trade" with the European Union (EU) after the country leaves the trade-bloc.Earlier today the prime minister outlined her plans to leave the European single market but said the UK would push for "the ...
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Video: Amazon One, ready for take-off
Amazon has unveiled ‘Amazon One’ its first ever branded freighter, a Boeing 767-300F operated by US-based lessor Atlas Air. (Click on video below).The converted freighter, bearing the Prime Air livery, will take flight this weekend at Seafair's Air Show, an annual community celebration taking place in Amazon's hometown of Seattle.Dave ...
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Plane speaking on Brexit
If Brexit means Brexit, what does it mean for the UK air cargo industry and its close relationship with the European Union (EU)?Lawyer Tony Payne, a partner in the aviation practice of City of London-based DLA Piper, may not have all the answers but he certainly knows all the questions ...
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UK forwarders want more detail on Brexit plan
The British International Freight Association (Bifa) has said freight is "none the wiser" after the UK prime minister yesterday outlined the government's plan for leaving the European Union.Yesterday, UK prime minister Theresa May revealed that as part of exiting the European union it would also leave the single market, which ...
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Atlas Air's first Amazon Prime Air flight lands in Wilmington
The first commercial flight of the Amazon and Atlas Air deal took place on Wednesday (August 10), with "Amazon One" departing from Seattle-Tacoma International Airport and landing in Wilmington Air Park Airport.The first of 20 B767-300 converted freighters, which features Amazon's Prime Air livery, had the tail number N1997A, a ...
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BIFA urges caution amongst members on Brexit
The British International Freight Association (BIFA), the UK forwarder association, is encouraging members to “carefully consider the options when seeking advice on the likely implications to their business and services of the UK’s decision to leave the EU”.On the subject of Brexit, director general Robert Keen observed: “There has been ...