Europe – Page 103
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News
Lufthansa Cargo looks to become sole owner of time:matters
Lufthansa Cargo has applied to purchase all the shares of time critical logistics firm time:matters with a decision from the German competition authority on whether to approve the deal expected next month.The German cargo carrier currently owns a 49% shareholding in the logistics firm with the remaining 51% owned by ...
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NewsIAG reports double-digit cargo revenue decline despite demand increase
IAG recorded a double-digit percentage decline in cargo revenues during the second quarter of the year despite an increase in demand during the period.The British Airways, Iberia and Aer Lingus owner this morning announced second-quarter cargo revenues of €241m compared with €274m during the same period last year, representing a ...
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NewsAir France KLM Cargo remains in the red
Air France KLM’s cargo business remained in the red during the first half of the year but the phasing out of freighters has helped improve performance compared with a year earlier.The Franco-Dutch airline group’s first-half figures for the cargo business show an operating loss of €116m against a loss of ...
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Start-up airline POP hopes to capitalise on new UK-India trade deals
New start-up low cost Indian airline POP is aiming to capitalise on new trade agreements between the UK and India sparked by Britain’s decision to leave the European Union.The new airline, which will donate 51% of profits to social projects, plans to be the first airline to operate non-stop flights ...
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Shape of things to come: Panalpina and Shapeways in strategic partnership for 3D printing
Panalpina and US-based 3D printing company Shapeways have entered into a strategic partnership to expand globally their digital manufacturing capabilities.Switzerland-based logistics giant Panalpina sees digital manufacturing and 3D printing specifically as “a perfect complement to its Logistics Manufacturing Services (LMS) offering, giving customers the possibility to customise products and bring ...
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Asian airlines record modest cargo growth in June
Asia Pacific airlines recorded “modest growth” in cargo demand in June for the first time since the start of the year, but concerns for future growth remain.Figures from the Association of Asia Pacific Airlines (AAPA) show that Asian airlines saw cargo volumes increase by 4.1% in June in terms of ...
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News
UK airport gains expansion approval, but it’s not Gatwick or Heathrow
A London airport has finally been given government approval for expansion, but the airport in question is London City and not Gatwick or Heathrow that have been battling to expand.The government today announced the go-ahead for a £344m expansion at London City Airport that includes a new terminal, new aircraft ...
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News
DB Schenker air cargo growth lags behind rivals
German logistics giant DB Schenker recorded an above market increase in airfreight demand during the first half of the year but growth lagged behind that of two if its largest rivals.DB Schenker, which is the world’s third largest airfreight forwarder and owned by Deutsche Bahn, said that air cargo demand ...
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News
Amazon and UK cooperate in trials to make drone deliveries "a reality"
Amazon is partnering with the UK Government to explore the steps needed to make the delivery of parcels by small drones a reality, allowing Amazon to trial new methods of testing its delivery systems.A cross-Government team supported by the UK Civil Aviation Authority (CAA) has provided Amazon with permissions to ...
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News
Fraport to host air cargo innovation lab
Frankfurt Airport operator Fraport has announced it will play host to a new event in September that will explore future innovation in air cargo.The Air Cargo Innovation Lab, which is being run in co-operation with DVV Media and Air Cargo News, will explore what air cargo logistics operations will look ...
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News
Panalpina airfreight volumes rise in difficult market
Panalpina has reported on a challenging six months of operations for its airfreight arm, and right across its business.Airfreight volumes rose by 8% year on year over the first six months of 2016, although the market had – the Switzerland based logistics player said – shrunk by 3%.However, much of ...
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Lufthansa downgrades profit expectations
German flag-carrier Lufthansa has reported provisional figures that suggest the airline made revenue of €15bn (S16.6bn) in the first half of this year, down from the January – June 2015 figure of €15.4bn ($17bn).Its adjusted EBIT (earnings before interest and taxation) of €529m ($584m) earned in the first half of ...
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News
Report sees continued growth for courier sector
Growing demand for urgent and timed delivery will boost the turnover of the global courier industry to $66bn by 2021, according to new research by financial consultants, Ngenko Investments.The report, Global Courier Industry Analysis, sees particularly strong demand from the pharmaceutical, banking, garments, fast-moving consumer goods, IT and automotive industries.New ...
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News
Lufthansa Cargo: much more than just the ‘basic’ offering
Lufthansa Cargo is to begin offering a new product for the shipping of general air cargo from September this year.To be called td.Basic and only available via online booking, the German freight-carrier said that it will offer “high Lufthansa quality at extremely attractive prices”.Those ‘attractive prices’ will be made possible ...
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NewsAirfreight volumes on the up for K+N
Logistics services giant Kuehne+Nagel (K+N) has reported its half-year results for the six-month period ending 30 June.The Switzerland-headquartered company said that while net turnover fell year on year from CHF8,225m ($8,366m) to CHF8,147m ($8,287m), gross profit rose by 8% compared to the first half of 2015, improving from CHF3,018m ($3,070m)to ...
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NewsAnalysis: ASL swoops on TNT Express freighter fleet
Dublin-based aircraft lessor ASL Aviation Group has boosted its freighter fleet with the purchase of the airline operations of TNT Express for an undisclosed amount.The deal, which was part of FedEx’s €4.4bn acquisition of TNT completed in late May, will see ASL take over the fleets of TNT Airways in ...
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Strong April lifts Schiphol
Cargo volumes at Amsterdam Schiphol grew 1.6% in the first six months of the year, to reach 796,801 tonnes, while the June figure jumped 2.5% year on year, to 135,528 tonnes.The Netherlands airport said the figures were helped by a particularly strong April, in which 137,666 tonnes of freight transited ...
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NewsAn-225, the world's most tweeted freighter
It was a plane-spotters dream: taking a selfie with an Antonov-225 ‘Mriya’.Hundreds of unglamorous freighter aircraft ply their daily trade with little or no attention. They are invisible to the general public who do not know or care that their must-have iPhones, the exotic fish in expensive restaurants and designer ...
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News
BCW Engineering appoints B&H Worldwide
BCW Engineering has appointed logistics provider B&H Worldwide to manage the inbound delivery of its rotative components for use in specialist engines in equipment around the world.B&H Worldwide has designed a solution for BCW Engineering which enables them to import the rotative components from Chennai in India in a far ...
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News
Qatar to take stake in Italy’s Meridiana
Qatar Airways has signed an agreement with Alisarda to buy 49% of its subsidiary Meridiana, Italy’s second largest airline. The deal is subject to conditions and is expected to close in early October.Meridiana operates an extensive domestic and European network, which connects the main Italian airports with Sardinia and provides ...