Europe – Page 131
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DHL Global Forwarding considers the future of troubled IT transformation project
DHL Global Forwarding is considering completely scrapping the IT and enterprise resource planning (ERP) systems it has been developing as part of its New Forwarding Environment (NFE) transformation project in favour of a different system.Speaking shortly after announcing second-quarter results, Deutsche Post DHL chief financial officer Larry Rosen said that ...
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Airlines IAG Cargo and Qatar expand freighter partnership
IAG Cargo and Qatar Airways have extended their freighter partnership and added new routes.The two airlines announced this morning that the initial contract would be extended indefinitely, while the number of destinations covered has increased from the one originally announced to nine.The two airlines said they had decided to expand ...
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IAG Cargo's Gunning: excess capacity is the new normal
Excess capacity and yield pressure are the new normal that the air cargo industry must live with, according to IAG Cargo chief executive Steve Gunning.Speaking to Air Cargo News shortly after the publication of its second-quarter results, Gunning outlined why the cargo business of British Airways, Iberia and Vueling decided ...
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Frankfurt Airport sees H1 freight volumes decline
Frankfurt Airport’s cargo (airfreight + airmail) tonnage dropped by 1.8% in the first six months of 2015 to around 1m tonnes, while passenger traffic grew by 4.1%.The first-half cargo decline was mainly due to “a noticeable decrease in throughput with the Far East and Latin America” regions said airport owner ...
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Update: airlines Swiss-Lufthansa adopt new air cargo pricing structure
Swiss WorldCargo and Lufthansa Cargo have provided further information on their new cargo pricing structure which takes effect from October 25 this year.The pricing of both airlines will consist of just two components: a net rate and an airfreight surcharge.Said Lufthansa Cargo: “As a result, the different surcharges currently in ...
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Virgin Atlantic Cargo calls for ethical standards for airfreight
Virgin Atlantic Cargo has called for the creation of an industry-wide ethical cargo policy that will identify shipments not acceptable for carriage in the aftermath of the killing of Cecil the lion.The UK airline, which already has an ethical cargo policy in place, called for an industry-wide agreement that would ...
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Swiss and Lufthansa to launch new cargo pricing structure
Swiss WorldCargo and Lufthansa Cargo are to launch a two component pricing structure - a net rate plus airfreight surcharge – to reflect the "volatility of external cost factors".A joint letter to customers states: “The new airfreight surcharge will be significantly lower compared to the combined fuel and security surcharges, ...
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Manston's new role as temporary truck park
Closed UK south east hub Manston Airport has found a new role, as a temporary lorry park to ease truck congestion on the M20 motorway.The UK Department for Transport (DfT) has announced that the disused Ramsgate airport will be trialled as an addition to stage one of Operation Stack, which ...
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Lufthansa's air cargo and logistics division slips to loss on freight centre delay
Lufthansa’s air cargo and logistics division sank to an operating loss in the first half of the year despite lower fuel prices and an increase in revenues.The logistics segment, which includes Lufthansa Cargo, Jettainer and its share of AeroLogic, saw first-half revenues increase by 4% on last year to €1.2bn ...
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DSV ups profit forecast as airfreight volumes takeoff
DSV has raised its profit forecast for the year as its airfreight division grabbed market share and it benefitted from exchange rate gains in the second quarter.The Danish forwarder recorded a 10% year-on-year increase in airfreight volumes during the second quarter to 77,000 tonnes.Air revenues increased by more than 4% ...
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From the spare room to the boardroom: Bowman’s 20 years at Air Charter Service
Air Charter Service chief executive Justin Bowman has celebrated 20 years at the company, which he joined after lodging with the broker company’s founder.Bowman first became aware of ACS when as a student he moved into founder and chairman Chris Leach’s spare room in the early 1990s.Leach said: “During the ...
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Quick change B737 for Mistral Air
PEMCO World Air Services has redelivered a converted Boeing 737-300QC (Quick Change) to Automatic, a US-based aircraft leasing company.US-based passenger to freighter conversion specialist PEMCO said that the aircraft, built in 1998, is to be operated by Mistral Air based in Italy.Mistral Air is one of the main Italian air ...
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WFS expands at Heathrow
Cargo handler Worldwide Flight Services has signed a lease for a “significant” new facility at the Heathrow Cargo Centre (HCC).Property owner Airport Property Partnership (APP), owned by SEGRO and Aviva Investors, said WFS had signed up to take a 7,650 sq m airside unit at HCC.Alan Holland, director of APP ...
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Brussels launches probe into FedEx’s proposed TNT takeover
The European Commission has opened an in-depth investigation into FedEx’s proposed $4.8bn takeover of TNT Express over concerns the deal could reduce competition and push up prices.The Commission said it had concerns that on a number of European markets for international express and regular small package deliveries, the merged entity ...
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IAG revenues up on currency gains
IAG saw cargo revenues increase by more than 8% during the second quarter of the year despite a volume decline caused by a move away from operating its own freighters.The Iberia and BA owner recorded cargo revenues of €259m during the second quarter of the year, up from €238m during ...
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IATA hits out at Paris airport charge increases
IATA has hit at the French Government for allowing the operator of Paris-Charles de Gaulle (CDG) and Paris-Orly (ORY) airports to continue increasing airport charges for each year of the 2016-2020 period.The airline group said the French government’s decision ignores the recommendation of the independent Airport Consultative Commission, which said ...
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Ground handling shake-up continues as HNA swoops on Swissport in Sfr2.7bn deal
The fast-changing ground handling industry today saw a second major takeover take place within a week when China’s HNA Group swooped on Swissport in a Sfr2.73bn deal.HNA, owner of China’s fourth-largest airline, Hainan Airlines, said Zurich-based Swissport would remain a standalone business within the group and added that it would ...
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TNT launches Tunis air link
TNT has launched a Boeing 737-400 freighter link to Tunis, the capital city of Tunisia, from its main European air hub in Liege, Belgium.The service will operate five times weekly via Marseilles, with flights arriving in Tunis every weekday before start of business and leaving the city in the evening.The ...
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Ground handler shake-up continues as dnata swoops on Amsterdam business
The shake-up of the ground handling industry continued today as dnata announced it had struck a deal to acquire Aviapartner’s cargo handling operations at Schiphol airport.The deal will see dnata gain Aviapartner’s 44,000sq m of warehouse space, where it handles 360,000 tonnes of cargo each year and employs 430 staff.The ...
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TNT updates on FedEx deal as Q2 losses narrow
TNT Express has confirmed that it expects its acquisition by FedEx to be completed in the first half of next year as it reports a loss of €1m for the second quarter.The Amsterdam-based express operator recorded a second-quarter 6.2% year-on-year improvement in revenues to €1.8bn.Operating income jumped to €19m from ...