All articles by Air Cargo News (Admin) – Page 459
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From Russia with Lift
AT A TIME when some in this mercurial business are sounding the death knell for the lifecycle of traditional all-cargo airlines, AirBridgeCargo (ABC) has already distinguished itself not only as a fierce competitor but also as one of the industry’s innovators.One only needs to look behind Russia’s largest freight carrier ...
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Cargo Champion - Ton Smulders
TON Smulders thinks of himself as the silver fox of air cargo.An old head in a new industry Smulders started working in airfreight aged 25 at a time when the industry was very different.He had his first taste of air cargo while working at Holland America Line in 1976 and ...
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Chinese firm buys into French carrier
AN EXPANDING Chinese transport company has acquired a ground-breaking shareholding in a French airline.Hainan Airlines (HNA) has purchased nearly half (48 per cent) of Aigle Azur, a niche operator, which claims to be the second-biggest French airline, after the giant Air France group.Aigle Azur offers 23 destinations to regional European ...
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Airfreight ‘facing another tough year'
AIRFREIGHT in 2013 will show aggregate gains for the year of no more than two per cent, according to a USA forwarding business.Julian Keeling, chief executive officer (CEO) of Consolidators International Inc, based in Los Angeles, believes growth in the industry will be hampered by several crucial fundamentals.These include aircraft ...
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Gulf Air embraces the e-AWB
BAHRAIN’s national carrier Gulf Air (GF) is forging ahead with its e-freight drive with the launch of an electronic Air Way Bill (e-AWB).All cargo will now be tagged with a bar code label in compliance with IATA’s specifications, thereby making it easier for both the carrier and customers to track ...
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Price-fixing two more settle
Korean Air Lines and Emirates have both admitted to price fixing in New Zealand.The pair received discounts for their admissions of liability in the long running case with New Zealand’s Commerce Commission.Korean agreed to pay US$2.8m (NZ$3.5) and Emirates US$1.2m (NZ$1.5m).Korean Air admits it made illegal agreements over fuel and ...
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North America and Middle East freight gains
TONY Tyler was once again left squinting for those green shoots as IATA released its global air cargo figures.However, the IATA boss did find cause for hope in a weak set of figures for June.Demand in North America grew 1.8 per cent while capacity shrank one per cent. The Middle ...
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Price-fixing trio settle
THREE more airlines have settled in the long running price-fixing scandal.Under the agreement at the US Federal Court in the Eastern District of New York British Airways (BA)agreed to pay US$89m.Chilean carrier Lan and Dubai Emirates Airline will pay US$66m and $7.8m respectively.The airlines are among dozens of airlines accused ...
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Record year at Virgin
VIRGIN Atlantic Cargo has reported its best ever financial year.The seven per cent year-on-year growth to US$375.4m is the best it has ever produced.The historic result comes despite a five per cent year-on-year fall in tonnage.Performance was stronger in Europe, Middle East and Africa and the Americas, each reporting increases ...
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New services chief at Hong Kong hub
Hactl (Hong Kong Air Cargo Terminals Limited) – has appointed Vivien Lau as Managing Director of its Hacis subsidiary (Hong Kong Air Cargo Industry Services Limited).Mark Whitehead, Hactl Managing Director and Hacis Chairman, says: “We are delighted to welcome Vivien to her new post in the group’s senior management team.“Her ...
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Fraport freight fall
FRAPORT bosses blame night ban and slow market for ‘plummeting’ cargo traffic.German owned airport group Fraport shipped 111,000 fewer tonnes so far in 2012 compared to last year – a fall of 9.9 per cent.The freight fall comes after a record 2011. The Frankfurt based firm says in its half ...
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Cargo Champion - Chris Leach
THERE is photographic evidence, which would scupper Chris Leach’s reputation in air cargo.Luckily for all the young trainees and students he has taken under his wing into the industry in the past 42 years the picture is lost.The incriminating black and white shot is of a young Chris underneath a ...
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Pemco sold
TROUBLED aircraft maintenance provider Pemco World Air Services has found a buyer.Pemco is to be sold to Avion Services Holdings - an affiliate of Sun Capital Partners.“This is a very positive development,” says William Meehan, chief executive officer of Pemco.“It reaffirms the company’s strategy that it undertook in restructuring Pemco ...
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Dimerco plants flag in LA
TAIWAN based Dimerco Express Group is set to open new offices in Los Angeles.A spokesman said the move will help it better serve their US customers and will be “a giant step forward in its global strategic plan”.The new LA base will consist of two customs brokerage offices and comes ...
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Cargo champion - Lilian Chan
DO not be fooled by the pretty outfit, Lilian Chan is a tough and tireless operator.“Extremely exhausting” is how Hong Kong’s air cargo boss describes trying to keep up with his executive director.Inspired by magazine articles and her self-confessed lack of sports ability Chan’s passion for air cargo knows few ...
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IATA Cargo Results
AIRFREIGHT demand contracted 3.2 per cent in July compared to the same month in 2011 according to figures from IATA.However, the result was unchanged compared to June, analysts pointed out.Middle East carriers recorded a 16 per cent increase in demand year-on-year but all other markets experienced declines.Asia-Pacific carriers saw a ...
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Panalpina plans to chill
PANALPINA are planning for growing demand in the temperature controlled freight market.In the first half of this year 20 per cent of Panalpina’s air cargo moved on its Luxembourg-Huntsville route was temperature-controlled.The vast bulk of this cargo is shipped by the healthcare industry, but growing demand for temperature-controlled shipping can ...
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Cargo Champion
CHRIS Foyle is best known in the industry for bringing the Antonov AN124 out from behind the Iron Curtain.It was a dramatic and memorable coup, which was made possible by Foyle’s patient hard work and an eye for detail rather than a taste for the theatrical.His was the perfect mindset ...
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Cargolux "nice guys"
CARGOLUX is no faceless corporation according to a group of aircraft enthusiasts who contacted the Luxembourg based carrier.For many years British airfreight watcher Malcolm Kennard has enjoyed watching the impressive array coming in and out of Manston airport in Kent (UK) and contacted Air Cargo News with a lovely story.Kennard, ...
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K+N settles for US$28m
KUEHNE+NAGEL has agreed to pay US$28m to end its “painful” price fixing trial.The US lawsuit, which sprang from the US Justice Department investigation into price fixing, alleges anticompetitive practices in surcharges for freight forwarding services.The class action settlement, which is subject to court approval, provides that the freight forwarder will ...