All articles by Air Cargo News (Admin) – Page 95
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News
Novo Holdings to take a 25% share in Envirotainer
Novo Holdings has agreed to acquire a 24.9% equity stake in Envirotainer in partnership with private equity firm Cinven.Cinven had previously announced the acquisition of Envirotainer in July this year.Samir Kamal, a senior director at Novo Holdings, confirmed: “Envirotainer is a very attractive investment opportunity for Novo Holdings.“The company is ...
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Maersk integrates Damco supply chain and ocean businesses
Danish shipping giant AP Moller-Maersk will bring together its Damco Supply Chain Services and Maersk Line’s Ocean Product from January 1 next year.The two entities will be integrated and their respective value-added services will combined and sold as Maersk products and services. Damco handled a total of 190,000 tons of ...
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NewsQatar Airways takes delivery of two more B777Fs
Qatar Airways has taken delivery of two more Boeing 777 freighters, in what the airline has described as a “further sign of the airline’s continued investment in its fleet and commitment to securing its position as the world’s leading cargo carrier”.In July this year, the Middle East carrier finalised its ...
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Blockade sees rapid rise in revenues and volumes for Qatar Airways Cargo
Qatar Airways’ cargo revenue rose 34.4% in the 2017/18 fiscal year while airfreight volumes increased 17.8% to 1.36m tonnes as the carrier put on extra flights to provide Qatar with essential goods in response to an airspace and trade blockade by neighbouring Middle East countries.The additional freighter services, which also ...
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News
ACS’s Chris Leach to enter into TIACA’s Hall of Fame
Chris Leach, founder and chairman of charter broker Air Charter Service (ACS), is to be inducted into TIACA’s Hall of Fame – which recognises those air cargo professionals who have made a big difference to the airfreight industry.Leach, who has been active in the air cargo industry for more than ...
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News
Healy becomes regional chief operating officer at FedEx Express Europe
FedEx Express has confirmed that Sean Healy is to become the regional chief operating officer of FedEx Express Europe.Healy is to take over from Michael Holt, who will retire by the end of this month (September).Holt is staying on until the end of the month to assist with the transition.A ...
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Steve Griffiths named as Stansted chief operating officer
Steve Griffiths, who has served previously as chief operating officer for Virgin Atlantic Airways as well as with Transport for London, is to become chief operating officer at London Stansted Airport.In his new role, which he will take up on October 15, Griffiths will be responsible for day to day ...
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Cathay Pacific and Boeing to donate first-ever B777 to museum
Cathay Pacific and Boeing have confirmed that they are to donate the first Boeing 777 to be produced to the Prima Air & Space Museum in Arizona.The B777-200, line number WA001, was retired in May by Cathay Pacific after 18 years of operation with the Hong Kong-based carrier.During its service ...
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NewsDHL to release new Resilience360 mobile app
Global express services giant Deutsche Post DHL is launching its latest app in the supply chain risk management space: the Resilience360.The app, an extension of DHL’s existing Resilience360 platform, offers near real-time monitoring of shipment milestones across transport modes, as well as of external impacting on the supply chain.According to ...
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News
Oman Air to add Athens to expanding network
Oman Air is to fly to Athens from June next year when it will operate a Boeing 737 MAX passenger aircraft on the route.Abdul Aziz Al Raisi, Oman Air’s chief executive, said that the new flights to the Greek capital will be only “the first of several new routes to ...
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News
Silk Way West boosts its Zhengzhou link
Silk Way West Airlines, the Azerbaijan-based B747 freighter operator, is increasing the number of flights between its home hub Baku and Zhengzhou in China to six per week.Agreement on the change in frequency was reached at the ICAO Cargo Conference held in Zhengzhou in early September.Silk Way West president and ...
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News
Qatar Airways Cargo gains QEP accreditation at 10 stations
Qatar Airways has received the Qualified Envirotainer Provider Training and Quality Programme (QEP) accreditation at 10 of its stations: London Heathrow, Milan, Shanghai, Ahmedabad, Bengaluru, Mumbai, Colombo, Delhi, Hyderabad and Chennai.They are added to Qatar Airways Cargo’s other QEP-accredited stations at Amsterdam, Basel, Paris, Doha and Chicago.Envirotainer’s QEP accreditation recognises ...
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News
Egyptair Cargo's Bangkok celebration as A330-200P2F prepares to launch
Egyptair Cargo held a celebration party for its customers in Thailand, citing “the framework of increasing strength and relationships between Egyptair Cargo and valued customers around the world”.Representatives of Bangkok-based The Cargo Flights Co, Egyptair’s cargo general sales agent (GSA) in Thailand, were at the party, along with Egyptair Cargo’s ...
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DHL launches one stop platform: Customs Connection
DHL Global Forwarding has launched a new one-stop shop platform for its US clients moving goods internationally.Customs Connection replaces the previous DHL platform and is designed to act as a one stop-shop for all customs processes at the air and ocean freight transport specialist within Deutsche Post DHL Group.“With the ...
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Istanbul New Airport gears up for opening it doors
Management at Istanbul New Airport are readying for the big day on October 29 when the huge new gateway accepts its first passengers and cargo.H Kadri Samsunlu, chief executive and general manager of İGA, the company awarded the build and operate contract for the new mega-hub, said that every little ...
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News
Air Italy opts for Globe Air Cargo USA
Air Italy has appointed Globe Air Cargo USA (GAC USA), part of the ECS Group, as its general sales (GSA) for its US cargo operations.A spokesperson for GAC USA said that it intends to open up "new logistical solutions for the American market" with direct daily flights to Milan Malpensa ...
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Imperial Logistics International appoints Bicil as it prepares for expansion
Hakan Bicil has taken up his new post as chief executive of Imperial Logistics International (ILI), the international division of Johannesburg-based Imperial Logistics.Reporting to Imperial Logistics Group chief executive Marius Swanepoel, Bicil is charged with accelerating the development of the Group’s international business - which currently accounts for some 40% ...
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BACA urges Volga-Dnepr to 're-think' broker snub
BACA, the worldwide air charter association, has urged Volga-Dnepr Airlines to"re-think" its decision to stop using charter brokers for its fleet of An-124-100 and IL-76TD-90VD freighters.The Russian carrier has written to brokers informing them that in future it will be dealing with clients directly only, cutting out the role of ...
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US shippers hit out at latest round of US tariffs
The National Retail Federation (NRF) has criticised the latest round of US tariffs on Chinese products, saying that American families will pay the bill.The new 10% tariff on $200bn worth of Chinese goods are likely to have more of an impact on airfreight than the two previous rounds as they ...
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FedEx revenues and profits on the up in fiscal Q1
FedEx saw revenues and profits increase by double-digit percentages during its fiscal first quarter as higher volumes, improved yields and lower fuel costs benefitted the company.During the June-August period, the express giant recorded a revenue increase of 11% year on year to $17bn, while operating income improved by 10% to ...