Europe – Page 113
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NewsPanalpina sees airfreight demand slide on automotive and oil weakness
Lower demand in the oil and gas and automotive industries caused a decline in Panalpina’s airfreight tonnage last year, while overall revenues took a dive but net profits increased.The Switzerland-based forwarder recorded a 12.7% year-on-year decline in revenues in 2015 to Sfr5.8bn, earnings before interest and tax (ebit) crept up ...
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Boardroom reshuffle at West Atlantic
A major boardroom reshuffle has taken place at Sweden’s West Atlantic, the Gothenburg-based freighter lessor and operator.The carrier said that the decision, which saw five board members resign, came after the shelving of a project to “explore the possibility of a listing of the shares on Nasdaq Stockholm”.West Atlantic added: ...
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India and Europe the bright spots in difficult start to the year
Worldwide air cargo demand started the year slowly with only a slight increase in volumes recorded, but there was better news from Europe and India.In its monthly market analysis, WorldACD said there was “little to cheer” in January as global air cargo volumes increased by just 0.3% compared with a ...
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Visitors experience Frankfurt's pharma focus
Air Cargo Community Frankfurt has held a pharma-focused event at Europe's top airfreight hub for BVL International, the German Logistics Association in the Rhein-Main region.There were 80 participants at the ‘visit FRA pharma’ event who received an update on current trends and developments in logistics, including the transport of pharmaceutical ...
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Panalpina: No plans to participate in consolidation amongst larger forwarders
Panalpina is expecting consolidation among larger players in the freight forwarding industry to continue but has no plans to participate as it concentrates on implementing its new IT system.Speaking shortly after announcing its full-year results, Panalpina chief executive Peter Ulber ruled out the chance of Panalpina participating in “high risk” ...
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ICAO clarifies on new lithium-ion battery restrictions
ICAO has issued “additional clarifications” on new lithium-ion battery shipment restrictions as cargo on passenger aircraft, which the UN aviation agency announced last week.The 36-state ICAO Governing Council adopted a new aviation safety measure which prohibits, on an interim basis from April 2016, all shipments of Lithium-ion batteries as cargo ...
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NewsPanalpina to get new chief executive as Ulber moves up to chairman
Freight forwarder Panalpina will get a new chief executive as current incumbent Peter Ulber moves up to the role of chairman.Ulber, who is 56-years-old and took up the chief executive role in 2013, will succeed 72-year-old Rudolf Hug as chairman as he leaves the position due to age limitations in ...
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Slow start for e-AWB take-up in January
Electronic air waybill (e-AWB) penetration got off to a sluggish start in January, with a 0.8% increase on December 2015.Latest IATA statistics for January 2016 show that the use of e-AWB among its member airlines stood at 37.2%, versus a 56% target for the end of this year.Despite missing the ...
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IAG Cargo reports 'challenging' 2015
IAG Cargo recorded a 3.2% rise in unadjusted 2015 full-year commercial revenue to just over €1bn as “challenging” market conditions saw like-for-like overall yield down 4% on prior year due to flat volumes while capacity grew by 3%.However, after adjusting the prior year's figures to reflect a directly comparable operation, ...
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Battery ban ‘disappointing’ says Global Shippers’ Forum
Shippers have criticised as “disappointing” a total ban on lithium-ion batteries in passenger aircraft bellyholds, saying it goes against previous recommendations and “does not address the wider problem of undeclared battery shipments or low-quality counterfeits”.The Global Shippers’ Forum (GSF) head of policy Alex Veitch said: “The outright ban on passenger ...
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Volga-Dnepr performs spacecraft payload transport
Volga-Dnepr Airlines has transported a spacecraft payload module from Sheremetyevo Airport to London Stansted onboard one of its IL-76TD-90VD freighters.The transportation was organised by DG Terminal and as well as the module three tons of support equipment was also flown.The airline used a special container to transport the module. During ...
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UPS promotes grassroots talent
UPS has appointed Nando Cesarone as president of its Europe region and Ross McCullough for Asia Pacific, while Cindy Miller becomes president of global freight forwarding.Cesarone, a 25-year UPS veteran who most recently served as president of UPS’s Asia Pacific Region, will now be responsible for operations in 56 countries ...
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Deutsche Post boss: DHL Global Forwarding is NOT up for sale
Deutsche Post DHL (DPDHL) chief executive Frank Appel has rejected outright any suggestions that his group’s forwarding arm is up for sale.In a statement to Air Cargo News, Appel said: “To clear up false rumours and to be unequivocal, DP DHL is not exploring the sale of our Global Forwarding ...
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Brussels Airlines’ passenger success hits freight traffic
The volume of cargo carried by Brussels Airlines fell away slightly in January compared to the same month of 2015.The Belgian carrier, which is owned by SN Airholding and is part of the Lufthansa Group, flew 15.7% fewer freight ton-kilometres (FTK) year-on-year during the month.However, the decline was caused, the ...
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NewsSubdued growth for cargo hubs in 2015
Subdued growth in emerging markets and developing economies, along with a lower recovery in advanced economies, saw airfreight markets “substantially weaker” in 2015 compared with passenger, reporting a “modest 2.3%” growth in total freight volumes.That is the message from Airports Council International (ACI) in releasing its preliminary data for last ...
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UK's FTA launches aviation working group
The UK’s Freight Transport Association (FTA) has announced that it is launching a new working group to look at issues affecting the airfreight sector.The freight and logistics group said it had decided to launch the group as airfreight is a crucial part of UK logistics and the wider economy, and ...
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NewsOperating profits slide at Air France KLM's cargo division
Air France KLM saw its cargo division’s financial performance worsen last year as it faced weak demand conditions and continued with restructuring.The Franco-Dutch airline group saw revenues at its cargo division decline by 9.5% year-on-year in 2015 to €2.7bn, while operating profits declined by 15.6% on 2014 levels to a ...
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DHL adds daily Tangier freighter
DHL has launched a daily B737 freighter between Tangier and the integrator’s global hub in Leipzig, Germany, connecting northern Morocco's high-growth economic zones to Europe.The service, from Tangier’s Ibn Battouta airport, provides customers in Morocco with a reduction in delivery time by four hours and an extended pickup time limit ...
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JMV signs up for freighter conversion from AEI
Luxembourg-based JMV Aviation has signed up for a freighter conversion from Aeronautical Engineers Inc (AEI).The US passenger to freighter conversion specialist AEI will provide an 11 pallet position B737-400SF freighter conversion to JMV in June of this year.The aircraft (MSN 24959) is high gross weight and is being modified at ...
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Logwin adds new German office
Logistics firm Logwin has continued to expand its German operations with the opening of a new office in Mannheim, providing air and ocean forwarding services.Head of Logwin Air + Ocean Deutschland Stefan Schwind said it had decided to open the new office to be close to its air and ocean ...