All articles by Damian Brett – Page 51
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News
Wheels Up rescued with $500m in funding
Delta Air Lines, travel investment firm Certares Management and Knighthead Capital Management have stepped in to rescue troubled private jet firm Wheels Up Experience - parent of cargo charter broker Air Partner.The deal will see the three companies provide a $400m term loan and a $100m liquidity facility from its ...
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NewsB&H Worldwide adds New Zealand airside trucking
(L-R) Darren Sutton, Lee Hedges and Joel Toali'i. Source: B&H WorldwideAerospace logistics firm B&H Worldwide will add its own trucking operation at both Auckland and Christchurch airports in New Zealand.B&H’s own trucks will now operate daily at New Zealand’s two leading airports for both collections and hand deliveries so ...
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NewsHelsinki handlers update systems to comply with ICS2 requirements
Source: Markus Mainka/shutterstockCargo handlers at Helsinki Vantaa Airport have rolled out a new software update to help them comply with new European Union (EU) security requirements.Software firm Qstep said that it had enhanced its handling software - utilised by two of the airport's cargo handlers, ASR Cargo Center and Swissport ...
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NewsJettainer looks to innovate with new role
Christine Klemmer. Source: JettainerULD firm Jettainer has promoted Christine Klemmer to the new role of chief innovation officer as the company looks to deploy new technologies.The new position will help the company "enhance ULD management services through cutting-edge technology, strategic Artificial Intelligence (AI) applications and tracking solutions"."The primary goal of ...
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News
Volga-Dnepr threatens legal action over seized AN-124
Volga-Dnepr has reportedly threatened legal action against the Canadian government over its seizure of one of its Antonov AN-124 freighter aircraft.According to Russia's Interfax news agency, the airline group sent a letter to Canadian authorities - including prime minister Justin Trudeau - asking for the dispute to be resolved amicably.However, ...
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News
Cargojet focuses on costs as e-commerce volumes weaken
Canada-based freighter operator Cargojet will focus on cost reduction initiatives as a slowdown in e-commerce and business-to-business demand hit its financial performance.The airline saw second-quarter revenues decline by 15% year on year to C$209.7m, due primarily to decreases in domestic network revenues, all-in charter revenues, fuel surcharges and other pass-through ...
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NewsLogistics "barely at day one" on AI tech adoption
The logistics sector is slowly adopting artificial intelligence (AI) solutions while the majority expect the technology to have a major impact on the industry in the future.A survey carried out by booking and rate platform Freightos showed that 14% of companies are already using (7%) or piloting (7%) AI solutions.Meanwhile, ...
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News
Oman Air sees first-half cargo volumes rise
Oman Air Cargo has benefitted from the return of belly capacity in the first half of the year as it looks ahead to freighter operations.The Muscat International-based airline registered a 42% increase in cargo volumes in the first half of the year.The airline also said that cargo revenues "surpassed" OMR22.3m, ...
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NewsCrane Worldwide celebrates 15 years of operations
Source: Crane WorldwideFreight forwarder Crane Worldwide is celebrating 15 years of operations.The company was launched in Houston in 2008 and has since expanded to more than 130 locations across the globe."The organisation has developed an international footprint through organic growth in fifteen years of cultivating solid partnerships with clients worldwide," ...
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NewsFirm hopeful of vapour detection approval for cargo screening
Source: MION TechnologiesMION Technologies is hopeful that its Explosive Vapor Detector (EVD) technology will be certified to start screening cargo in Europe starting next year.Speaking to Air Cargo News, the Spanish firm's chief executive Daoíz Zamora explained that in January the European Civil Aviation Conference (ECAC) approved the implementation of ...
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NewsFrankfurt finally reports cargo increase... thanks to a difficult July 2022
Europe's busiest cargo airport Frankfurt has reported its first year-on-year increase in cargo volumes in 19 months.The German hub in July registered a 2.3% increase in cargo volumes compared with a year earlier as volumes reached 164,503 tonnes.This is the first time Frankfurt has registered an increase in its monthly ...
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NewsAvianca Cargo expands with new Brazil flight
Source: Avianca CargoAvianca Cargo has added a new freighter service between the US and Brazil as it looks to cater to demand for high tech and valuable goods.The new weekly service was launched this week and connects Miami with Campinas and Vitoria (VIX) utilising one of its Airbus A330 freighters.Avianca ...
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NewsFTA Ireland welcomes Dublin night flight decision
Source: Skorzewiak/shutterstockDublin Airport operator daa has secured a temporary stay on plans to ban night flights.The ban - announced in late July with a six-week notice period - would have reduced the number of flights using Dublin's north runway between the hours of 11pm and 7am.The airport operator said the ...
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News
Cathay Pacific reports lower cargo revenues in H1
Cathay Cargo saw its revenues decline in the first half of the year despite increasing volumes.The Hong Kong-hubbed carrier saw first-half cargo revenues decline by 10.1% year on year to HK$12.4bn, while volumes increased by 23.8% on last year to 651,000 tonnes.Capacity measured in available cargo tonne km increased by ...
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News
Troubled Wheels Up Experience looks to stabilise operations
Private jet firm Wheels Up Experience - the parent of charter broker Air Partner - has moved to stabilise the business as it faces financial troubles.The company yesterday announced that its largest shareholder, Delta Air Lines, has provided a short-term capital infusion to the company.Wheels Up Experience said that it ...
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News
Shenzhen Airport takes aim at e-commerce as volumes soar
Shenzhen Bao'an International Airport's cross border e-commerce volumes doubled in the first seven months of the year and it expects a further increase in the final five months thanks to the addition of more freighter flights.The Chinese airport handled a total of 93,000 tonnes of cross-border e-commerce traffic between January ...
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NewsIBA warns of 737-800 freighter oversupply
Aviation consultant IBA has warned that there could be an oversupply of Boeing 737-800 converted aircraft.The consultant pointed to IBA Insight data showing that 200 737-800 aircraft have been converted into a freighter configuration in the six years since work on the first aircraft was completed.This is the fastest rate ...
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News
Serve Air looks to expand 737-800 freighter fleet
Democratic Republic of Congo-based Serve Air has ordered its first AEI Boeing 737-800SF freighter conversion as it looks to modernise its fleet.The airline expects to increase its fleet of AEI B737-800SF freighters to a total of six aircraft in the coming years and is the first operator of the B737-800SF ...
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News
Cargo-partner adds US-UK airfreight consol service
Cargo-partner is continuing the expansion of its airfreight consolidation services with the addition of an operations between the US and UK.The weekly service covers flights between Chicago O’Hare International Airport and London Heathrow via Toronto Pearson International Airport and was launched on June 1.The cut-off date for goods arriving to ...
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News
National Airlines partners with Etihad Cargo on mail contract
US-based National Airlines and Etihad Cargo have entered an interline agreement to cover a contract to deliver mail for the US Postal Service (USPS).The partnership will see National Airlines transport USPS civilian, military, and diplomatic mail using the scheduled services of Etihad Cargo across several lanes for the period August ...