All articles by Air Cargo News (Admin) – Page 327
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News
'The best of times and the worst of times'
IT WAS the best of times, it was the worst of times, the age of wisdom, the age of foolishness, according to Charles Dickens in A Tale of Two Cities.He might well have been talking about global air cargo in the year 2012. At the start of 2013, there are ...
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News
'The best of times and the worst of times'
IT WAS the best of times, it was the worst of times, the age of wisdom, the age of foolishness, according to Charles Dickens in A Tale of Two Cities.He might well have been talking about global air cargo in the year 2012. At the start of 2013, there are ...
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We’re in this together
MEANINGFUL partnerships may be the new way forward for competing air cargo companies.When there is too much capacity, when prices are at rock bottom and yields are in decline, when shippers are modal-shifting to sea, when economies of scale are desperately required – maybe that is the time to turn ...
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Munich subsidiary buys Berlin airport ground handler
Southern Germany airport group Flughafen München (FMG) has expanded its ground handling operations in Berlin with the purchase of a Spanish-owned operator at the capital’s Tegel Airport (TXL).AeroGround Flughafen München, a ground handling subsidiary of FMG, has acquired the established ground handling companies Acciona Airport Services Berlin and HSD Flughafen.A ...
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Global GSA parent firm wins Maastricht Airport concession
The parent company of Global GSA has been awarded a ten year concession to take over operations of Maastricht Aachen Airport as it looks to expand freight volumes.The Dutch airport announced yesterday that it had awarded the concession to Trade Centre Global Investments (TCGI), owner of Global GSA, as it ...
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Cargo demand jumps by 8% at Turkish Airlines
Turkish Airlines saw its cargo volumes jump by more than 8% last year as it added several new freighter routes.The airline saw cargo tons carried increase by 8.1% year on year in 2015 to 704,570 tons.Cargo demand on flights to and from Africa recorded the largest percentage increase, jumping by ...
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Atlas Air to acquire Southern Air in $110m takeover
Atlas Air Worldwide Holdings has entered into a definitive agreement to acquire privately held Southern Air Holdings, a US provider of intercontinental and domestic air cargo services.The deal is "an immediately accretive, all-cash, debt-free transaction" valued at approximately $110m, said Atlas.The transaction is subject to customary closing conditions and approval ...
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Michael Richter appointed new managing director of Cargogate
Munich Airport cargo handling company Cargogate has appointed Michael Richter as managing director.Already familiar with the company through his experience with Munich Airport's ground handling subsidiaries, Richter has been in charge of the two affiliated companies, Cargogate and aerogate, in the role of managing director since the beginning of this ...
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Etihad launches new green temperature controlled dolly system
Etihad Cargo has teamed up with the Masdar Institute of Science and Technology to launch a new design of temperature-controlled and energy-efficient air cargo container cool dolly system.The carrier says that the diesel-powered cooling systems on dollies used at many airports and ground-handling operations use too much energy, are expensive ...
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NewsBoeing cuts 747-8 production on weak cargo market
Boeing has announced it will cut the production rate of its 747-8 aircraft as a result of weak supply and demand fundamentals in the cargo industry.The Seattle-headquartered manufacturer announced that from September it would cut production of the aircraft from one per month to one every two months to match ...
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PEMCO delivers third B737-400 Combi conversion to First Air
PEMCO World Air Services has redelivered of a 737-400 Combi aircraft to First Air, Canada’s Arctic and remote region air carrier.PEMCO has previously converted two 737 Combi’s for First Air, and the work on the current airframe was completed at the passenger to freighter conversion specialist’s headquarters at Tampa International ...
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Airlines in US east coast snow storm warning
Airlines are warning of major disruption to US flights this weekend, with winter storm Jonas forecast to hit the eastern seaboard with the potential for heavy snow which could cause some airports to close.The US National Weather Service described the storm as "potentially crippling" for a large parts of the ...
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Ashby to step down from oneworld
Bruce Ashby is to step down as chief executive of the oneworld later this year, after more than five years leading the airline alliance.He has made himself available to stay at oneworld's helm until June to enable a "seamless handover" to his successor.After accepting his resignation, the oneworld governing board ...
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Cathay freighter showcases new livery
Cathay Pacific has revealed its first freighter showcasing the airline’s brand new livery.The freshly painted freighter, a Boeing 747-400ERF (Extended Range Freighter) arrived in Hong Kong from the HAECO facility in Xiamen.The new livery comprises three key design elements: the incorporation of the updated and streamlined brushwing; a simplification of ...
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War of words erupts between powerful new airline group and leading airports association
Five of Europe’s largest airlines have formed a new association to lobby against rising costs and have immediately taken aim at the continent’s airports.The new Airlines for Europe (AFE) group has been formed by IAG, Air France-KLM, Lufthansa, easyjet and Ryanair and hopes to attract more members over the coming ...
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Cargolux passes GDP audit
Cargolux has passed its GDP Surveillance Audit, validating its certification for another year.The completion of the audit attests that the company’s management system fulfills the requirements of the EU directive ‘Guidelines on Good Distribution Practice of Medicinal Products for Human Use’ and of WHO guidelines.Cargolux Director Global Logistics Services Franco ...
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Schiphol the latest European airport to record 2015 air cargo demand decline
Amsterdam Schiphol Airport has joined its major European rivals in recording a decline in cargo throughput in 2015.The Dutch airport recorded a total throughput of 1.6m tonnes in 2015, a 0.7% decline compared with the all-time record set in 2014.The airport said it recorded a strong fourth quarter which helped ...
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Aramex buys Fastway Couriers in New Zealand
Dubai-based logistics operator Aramex has expanded its footprint in the Asia-Pacific region with the 100% acquisition of Fastway Couriers in New Zealand for NZ$125m.Established in 1983, Fastway Couriers' global network includes 63 regional depots and 1,500 courier franchisees across Australia, New Zealand, Ireland, Northern Ireland and South Africa. With more ...
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Jan de Rijk acquires automotive logistics specialist De Rooy
Airfreight road feeder service provider Jan de Rijk has made another acquisition, this time taking over truck and tractor transport specialist De Rooy for an undisclosed sum.Jan de Rijk said its latest acquisition was a specialist in transport, warehousing and value added logistics for the parts and the automotive industry, ...
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NewsCargolux bucks the trend with a demand increase
All-cargo airline Cargolux recorded a demand increase in 2015 in contrast to European competitors, which recorded traffic declines.The Luxembourg-based airline recorded a 7.4% year-on-year increase in demand to 889,746 tonnes in 2015, the third year in a row it has registered growth.Meanwhile, it flew 114,792 block hours during the year, ...