All articles by Air Cargo News (Admin) – Page 509

  • News

    Air France-KLM buys into streamlined Alitalia

    14 January 2009

    AFTER a three-month battle with Lufthansa Air France-KLM has won a 25 per cent stake in troubled Italian flag carrier Alitalia. Air France-KLM has apparently agreed to pay over €300 million (US$411 million) to the owners, the Compagnia Aerea Italiana (CAI) investment group, for the stake. CAI bought the choice ...

  • News

    Go ahead for third Heathrow runway

    14 January 2009

    GOVERNMENT ministers have confirmed their approval to build a third runway at Heathrow today. Transport secretary Geoff Hoon also announced an increased investment in public transport, including a new high-speed rail links from the airport.Business and union figures have been supportive of the proposal for some time with the Future ...

  • News

    FedEx order 15 more Boeing 777s

    14 January 2009

    EXPRESS cargo carrier FedEx has ordered 15 new 777 freighter aircraft from Boeing despite the plummet in global cargo demand.This brings FedEx’s total order for the new jet up to 88. First delivery of the aircraft is due to be in the next few months to Air France with FedEx ...

  • News

    Up and down in airport cargo

    13 January 2009

    THE global slump in demand for airfreight is seeing a varied mix of winning and losing airports.Freight transport at Ostend Airport, Belgium, fell 23.9 per cent in 2008, compared to 2007. However, the figures are slightly skewed as repair work on parts of the airport prevented freighters from landing at ...

  • News

    Singapore Airlines withdraws Indian flights

    13 January 2009

    SINGAPORE Airlines (SQ) is to cut flights from India from the 26 January. Daily flights from Delhi on Thursdays and Mumbai on Tuesdays and Thursdays, will be withdrawn, according to sources, because of low load factors.Sundeep Kapadia, director of Kapadia Travels said: “We got to know about SQ pulling out ...

  • News

    UAE bans An-12s

    13 January 2009

    SOVIET-era cargo planes – the An 12 – have been banned from flying in the UAE. The General Civil Aviation Authority (GCCA) made the dramatic ruling citing recent accidents involving An-12s over the last four months.Mohammed al Suwaidi, director general of the authority, said that companies using An-12s could fly ...

  • News

    ABX execs buy up shares

    12 January 2009

    STRUGGLING air cargo company ABX Air may yet have a resurgence. Following major restructure three top executives and five of six non-executive members of its board have bought 400,000 shares of Air Transport Services Group (ATS), ABX Air’s parent company.ABX Air’s main customer was DHL, which withdrew from the US ...

  • News

    Small freight forwarders will just disappear

    11 January 2009

    INDEPENDENT freight forwarders have expressed their outrage to Air Cargo News at comments made by DHL Global Forwarding chief executive officer, Hermann Ude (right), in a recent interview in the Financial Times.In the interview Ude sets out his reasons why he feels that many small freight forwarders are doomed, and ...

  • News

    KTS signs agreement with KWE

    5 January 2009

    SHIPPING and logistics company Kuwait Transcontinental Shipping (KTS) has signed a global freight forwarding agreement with Kintetsu World Express (KWE).Under the agreement, KTS is the exclusive partner of KWE for the movement of cargo between Kuwait and worldwide destinations with the Japanese forwarder.Mr Mikko Wieru, general manager of KTS said: ...

  • News

    Airlines hid documents from investigation

    23 December 2008

    NEW Zealand’s competition regulator is charging three airlines in its investigation of the air cargo price-fixing cartel of withholding evidence. Singapore Airlines, Cathay Pacific and Aerolineas Argentinas are alleged to have not supplying documents that the Commerce Commission required for their investigation. Parties who receive notices cannot refuse to supply ...

  • News

    FedEx delays 777 delivery

    23 December 2008

    FEDEX has postponed the delivery of its first of 15 new Boeing 777s by up to 17 months. This is a delay to Boeing of US$275 million.Four of the aircraft were to be delivered next year but have been postponed until 2010 while the ten for 2011 have been pushed ...

  • News

    Singapore Airlines denies cartel charges

    22 December 2008

    AUSTRALIA’S Competition and Consumer Commission (ACCC) has turned its sights on Singapore Airlines Cargo (SIA Cargo) for its part in the fuel surcharge cartel. The ACCC has already prosecuted British Airways and Qantas for A$25 million ($17.1 million).However, where Qantas cooperated with the investigation, SA is challenging the allegations.“SIA Cargo ...

  • News

    LH dumps World Airways for Jade

    21 December 2008

    LUFTHANSA Cargo is reducing freighter capacities, due to falling demand, by around 10 per cent on 1 January, 2009. In addition, Lufthansa Cargo will reduce its cooperation with World Airways, which up to now has operated two freighters of the MD-11F type and a Boeing 747-400F for the crane airline. ...

  • News

    AMI rebrands Hong Kong operation

    18 December 2008

    UAC Asia HK has been re-branded AMI Asia HK. It is the final element of the UAC business – acquired by AMI in 2007 – to be brought under the AMI brand. At the same time, AMI has registered and launched AMI China Ltd, its first operation in mainland China, ...

  • News

    AirBridgeCargo management roundabout continues

    16 December 2008

    After an major reorganisation of its senior management earlier this year, AirBridgeCargo (ABC) is set for further upheaval in the New Year as it looks for a solution to rising losses in today’s difficult climate.Sources told Air Cargo News that Robert Song has been demoted from his position of commercial ...

  • News

    Ecologist says food miles are overhyped

    15 December 2008

    A UK ecologist has denounced the media and politicians for blowing the issue of food’s environmental footprint out of proportion.Bill Vorley of the International Institute for Environment and Development (IIED) has said that concerns about ‘food miles’ – the carbon footprint created by flying food around the world – are ...

  • News

    Jade looks to the sea to ease its economic ills

    15 December 2008

    LUFTHANSA Cargo and its minority owned Chinese subsidiary Jade Cargo International will offer combined air/sea transports to Australia commencing January 2009.According to the concept the goods will be flown by freighters from European airports to either Shenzhen (Jade’s headquarters) or Hong Kong (by LH Cargo) and transferred to Australia-bound ocean ...

  • News

    Air-freight cartel starts to pay the price

    14 December 2008

    THE fallout from the price-fixing air-freight cartel is starting to gather pace. The Australian Federal Court has just fined Qantas AU$20 million (US$13 million) and British Airways (BA) $5 million after it admitted an illegal arrangement in the airfreight market.Meanwhile, New Zealand has just started it’s own legal battle against ...

  • News

    Kalitta Air grounds third of fleet

    14 December 2008

    DUE to plunging demand, US cargo airline Kalitta Air is to park a third of its fleet and lay off more than 200 staff. Rumours suggest eight of the airlines 20 747s will be affected.This comes on the heels of news that Cathay Pacific is also parking part of it’s ...

  • News

    Stop multiple security regulations demands TIACA

    11 December 2008

    GLOBAL aviation security must be threat-based, risk-managed, multi-layered and operationally consistent to be effective, says the chairman of TIACA’s industry affairs committee.Ulrich Ogiermann, also the president and chief executive officer of Cargolux, said security agencies should make full use of other global trade and transport operators’ best practice and harmonise ...