Europe – Page 102
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Sofa so good as Chapman Freeborn OBC team expands
Chapman Freeborn OBC has announced a series of appointments as the on board courier (OBC) business specialist continues to expand its global hand-carry services.The Cologne-headquartered company said that it has gained “several experts from the aviation and express logistics industry” in order to satisfy the increased demand from the market.It ...
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Budapest Airport to develop new warehouse for DHL Express
DHL Express and Budapest Airport have signed an agreement to develop a new 13,000 sq m warehouse at the Hungarian hub.Budapest Airport will develop a large warehouse and office complex near Terminal One for the airport operations of DHL Express, which will sign a 20 year lease.DHL Express performs its ...
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East Midlands Airport to close at weekends for runway refurbishment
East Midlands Airport in the UK will close at the weekends during November and December as its runway undergoes refurbishment.The refurbishment will be completed over seven consecutive weekends, a UK first for airport runway refurbishment projects, meaning that the airport will be closed to all traffic for 48 hours each ...
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Virgin Atlantic Cargo looks forward to new A350s
Virgin Atlantic’s cargo division is looking forward to extra capacity and increased fuel efficiency of the 12 Airbus A350-1000 aircraft that were ordered at last month's Farnborough International Airshow.The airline said the $4.4bn investment is part of a fleet modernisation programme, which will see 50% of Virgin Atlantic’s aircraft replaced ...
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IAG Cargo adds new freighter services through DHL partnership
IAG Cargo has announced it will begin offering two new European freighter services through its shared capacity agreement with DHL.One of the services will fly between Madrid and Amsterdam and the other will add a stop in Paris CDG to an existing London Luton-Frankfurt flight that IAG offers through its ...
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Cargo demand weakens at Brussels Airport as airlines reduce services
UPDATE: Brussels Airport saw cargo volumes decline in July as airlines reduced services and cancelled flights in response to weakening demand.The European airport saw total cargo volumes decline by 8.8% year on year in July to 39,689 tons. The largest decrease in percentage terms was felt by its belly cargo ...
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Cargolux appoints new VP of flight operations after departure of Holt
Cargolux has appointed a new interim executive vice president of flight operations following the announcement that current incumbent Jason Holt has decided to move on to a new opportunity.The Luxembourg airline said that Claude Zehren would take over all duties from Holt with immediate effect."Zehren has been with Cargolux for ...
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NewsDSV sees airfreight growth but profits slide as UTi acquisition takes effect
DSV saw double-digit growth in airfreight volumes and gross profits in the second quarter of the year but margins took a hit as the integration of UTi continues to take effect.Announcing its second-quarter results, the Denmark-based logistics company saw revenues increase by 34.1% year on year to DKr17.6bn, while operating ...
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CEVA stays in the red but air volumes grow ahead of market
Logistics company CEVA has reported ahead of market growth in air volumes in the first half of the year while revenues decreased and it remained in the red.The world’s twelfth largest airfreight forwarder saw revenues decline by 7.8% year on year to $3.2bn, while adjusted earnings before interest tax, depreciation ...
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Fraport sees cargo growth outstrip passenger
Frankfurt airport operator Fraport recorded an increase in cargo traffic during the second quarter of the year but revenues and profits declined.Europe’s largest freight airport said second quarter cargo demand at Frankfurt increased by 2.3% year on year during the second quarter of the year to 528,712 tonnes and was ...
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Revenues down but operating profit surges for DP-DHL's forwarding arm
Deutsche Post DHL Group’s (DP-DHL) freight forwarding arm saw 2016 second quarter revenues fall by 9.3% to €3.4bn, versus €3.8 in like prior year period 2015, while divisional operating profit improved by 72.5% to €69m.Adjusted for negative currency effects and lower fuel surcharges, the Global Forwarding, Freight division’s revenue declined ...
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Priority Freight adds new German airfreight department
Priority Freight has set up a new, dedicated emergency airfreight department at its office in Willich, Germany in order to enhance operations in central Europe.The department is located less than 25km from Düsseldorf International Airport and will offer the time critical logistics firm's latest IT system.Priority Freight group managing director ...
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NewsLufthansa's cargo business remains in the red
Lufthansa’s cargo division recorded its fifth quarterly operating loss in a row as competition on global airfreight markets remained “intense”.The German airline group’s logistics business, which includes Lufthansa Cargo, ULD specialist Jettainer and its other investments, recorded a 16.4% year-on-year decline in second-quarter revenues to €496m.Earnings before interest and tax ...
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Fraport launches new cargo user forum
Fraport has held the first meeting of the newly launched CargoCity User Committee at Frankfurt Airport.The new forum will meet annually with the goal of promoting exchange and close dialog between all users of Frankfurt Airport’s CargoCity North and South.Dirk Schusdziara, head of freight at Fraport, said: “In order to ...
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FIATA World Congress 2016 confirms new speakers for Dublin event
International freight forwarders’ association FIATA has announced an updated speaker programme for its World Congress 2016, to be held in Dublin, Ireland, from October 3-8.Over 30 speakers will share their ideas and opinions on topics of global relevance affecting freight transport, logistics and international trade.Keynote speakers on the opening day ...
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Lufthansa Cargo's Mörtl joins time:matters
Christian Mörtl has been appointed managing director, operations & finance, at time critical logistics firm time:matters with immediate effect.The appointment follows the news last week that Lufthansa Cargo has applied to purchase all the shares of time:matters with a decision from the German competition authority on whether to approve the ...
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Olympian horses take freighter to Rio
The first group of Olympic horses has departed from London Stansted airport on a Emirates SkyCargo Boeing 777F bound for Rio 2016.With 34 horses from 10 nations on board, the equine cargo worth multiple millions, was loaded into customised pallets for the almost 12-hour flight aboard.Eventing horses from Great Britain, ...
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Qatar investment arm takes stake in St.Petersburg's Pulkovo airport
Fraport Frankfurt Airport Services Worldwide (Fraport) and its consortium partners at Russia’s Pulkovo Airport in St. Petersburg are to sell part of their shares in Thalita Trading to Qatar Investment Authority (QIA).Thalita is the parent company of Northern Capital Gateway consortium which has the 30-year concession for operating Pulkovo Airport ...
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Air cargo demand on the up in June
Air cargo volume growth improved in June as demand at European airlines remained strong and there was a pick-up for Asia Pacific carriers.Analyst WorldACD said that, after a poor start to the year, worldwide chargeable weight improved by 2.7% year on year in June.WorldACD said that the uptick was caused ...
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Qatar Airways ups stake in IAG to 20%
Middle East gulf carrier Qatar Airways has increased its shareholding in IAG, the parent group of British Airways and Iberia, to 20.1%, saying that it does not intend to increase its stake further "unless there are material changes to the current situation".This latest move follows a gradual stakebuilding by Qatar ...