All articles by Air Cargo News (Admin) – Page 481
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Transmile future threatened
MALAYSIA’S Transmile Group, which operates the all-cargo airline Transmile Air Services, risks stock exchange delisting for failing to submit its promised regularisation plan.Regulators will suspend the company with effect from 3 March and delist from 7 March if ongoing talks fail.In a statement, the company said: “Upon the de-listing of ...
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Argentina seizes US’ ‘illegal’ weaponry
ARGENTINA seized cargo from a US military freighter flying into Buenos Aires in February claiming that it was smuggled weaponry. Two weeks later the issue has still not been resolved threatening US-Argentine relations and trade flow.Facing international criticism for its actions, Amado Boudou, Argentina’s economy minister, said he found it ...
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Germany to hike cargo security fees
GERMANY is planning to introduce a new air cargo security surcharge. The German Transportation and Interior Ministries, which are currently investigating ways to increase air cargo security and how to pay for those changes, are concerned at recently revealed gaps in security.“With all measures that could contribute to increasing air ...
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Air Cargo Africa exclusive – Time for lift-off
THERE is no doubt that any new freighter destination has its share of obstacles to surmount. Some of these hurdles vary upon regions, others are universal.The challenge for Africa is much to do with overcoming political obstacles and corruption. Cargolux and Saudia identify this along with air traffic and safety ...
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Air Cargo Africa exclusive – Swissport celebrates SA upswing
PERISHABLES had been under strain owing to too much rain in South Africa's Northern Cape in 2010, meaning that business heads could not even drown their sorrows with a glass of wine, since very little of it had been produced.But business is booming again, Colin Baldwin senior vice-president cargo Africa ...
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Air Cargo Africa exclusive – Far East leads African boom time
“WHERE China goes the world will follow,” Titus Naikuni chief executive officer (right) of Kenya Airways told the audience on day one of Air Cargo Africa conference in Nairobi. “And now is the time for Africa.”The world has faced its problems but is now on the bounce-back and looking for ...
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Jet Air shelves plans for new cargo airline
Jet Airways has shelved its idea of starting a cargo airline, at least for now. The carrier will continue to concentrate on increasing its cargo uplift through the belly space of aircraft, a senior company official said.“We do not foresee the plan for full freighter airline taking off in the ...
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No charges for price-fixing SIA Cargo staff
SINGAPORE Airlines (SIA) Cargo – which was recently fined US$48 million by the US for its part in an international price-fixing cartel – will not take action against any of its staff for their part in the crime.A spokesperson for the company said the airline’s executives “have acted in good ...
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Budapest leaps forward into 2011
BUDAPEST Airport increased its cargo traffic by 32 per cent in 2010, over 2009 levels, to 82,638 tonnes and a total of 5,808 freighter movements, itself an increase of 23 per cent.“The result was satisfying in what has been a turbulent year,” said Budapest Airport vice-president cargo and logistics Christa ...
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LIAT launches Caribbean freighter
CARIBBEAN carrier LIAT has launched its own freighter cargo service for the region.LIAT chief executive officer, Brian Challenger, said at the launch: “While the transport of various forms of cargo is nothing new to LIAT, today’s ceremony nevertheless signals an important milestone in the evolution of the company’s air cargo ...
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Asia airports update
AIR Cargo News reports on new developments at key airports across Asia. Airports in the Middle East are leading the build-up:Construction work on airside infrastructure facilities at Duqm Airport in Oman will commence shortly, at a cost of around US$114.43 million. The package represents phase two of the Duqm Airport ...
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Unrest and storms dent recovery
CIVIL unrest in the Middle East and severe weather is hobbling the industry’s recovery. IATA’s end of year figures for 2010 show that the emerging recovery was hit by the widespread snow falls and flooding around the world.Looking forward, the year so far is seeing more severe weather and now ...
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US airport update
DESPITE a run of inclement weather at the end of 2010, cargo volumes at US airports rose across the board. Air Cargo News takes a look at the rise of cargo last year: In Michigan, Bishop Airport saw outgoing cargo shipments improve by 21 per cent compared to one year ...
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Europe lags behind in freight
WHILE 2010 demand statistics for international scheduled air traffic displayed a robust 20.6 per cent increase in freight, IATA finds Europe’s growth by comparison to be weak.Latin American carriers recorded the highest full-year growth rate of 29.1 per cent, followed by Middle East carriers (accounting for 11 per cent of ...
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QCS freight volumes climb
FRANKFURT-based forwarding agent QCS-Quick Cargo Service saw steady growth in 2010 with a 22.7 per cent boost in airfreight exports and 12.5 per cent rise in imports.Its cargo throughput surpassed the global average of 14.6 per cent in airfreight and helped to secure a 51 per cent turnover totaling €45 ...
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Cargo boom hands Hong Kong number one spot
ASIA-Pacific airlines saw cargo demand grow by 24.2 per cent in 2010, helping to position Hong Kong International as the world’s largest cargo airport.The airport’s cargo alone grew 23.4 per cent to 4.1 million metric tons, while Memphis International Airport, holder of the largest cargo airport title for the last ...
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Inspections slow Nigerian air cargo
A HEAVY inspection regime at the air cargo section of Murtala Muhammed Airport (MMA) in Lagos has translated into long delays and high demurrage charges forced on importers.The enormous influx will add further delays in clearance as the cargo sheds of the two major ground-handling companies are buckling under pressure.The ...
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Air India under acquisition enquiry
NATIONAL auditor Comptroller and Auditor General (CAG) has made an enquiry into the purchase of 111 aircraft made by the Indian government for carrier Air India.Aside from the 40,000 crore (US$8.72 billion) deal CAG is scrutinising Air India’s turnaround plan and operational performance for the years 2002 to 2010.The cost ...
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Lufthansa Cargo to lift freighter capacity
A PROJECTED shortage of available global airfreight capacity has prompted Lufthansa Cargo to consider boosting its fleet to 24 freighters by 2015.The move for an additional six freighters comes after a 2010 study commissioned by Lufthansa Cargo found that the market would only have a 1 per cent surplus in ...
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Airlines appeal Euro cartel fine
AIR Canada, British Airways World Cargo, Cargolux and Cathay Pacific have appealed against the European Commission’s (EC) cargo price-fixing fine.The four airlines and seven others – Air France-KLM, Japan Airlines, LAN, Martinair, SAS, Singapore Airlines and Qantas – were fined a total of €799 million (US$1.09 billion) by the EC ...