All News articles – Page 167
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News
Aero Capital and SmartLynx partner for A321 freighter conversions
A321F. Photo: SmartLynx AirlinesAero Capital Solutions (ACS) has launched an Airbus A321 freighter conversion programme in partnership with SmartLynx Airlines, starting with four aircraft.ACS, a mid-life narrowbody aircraft and engine lessor, said that the A321 expansion will complement its current 40-aircraft B737-800SF P2F programme.The first four A321s of the joint ...
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Chapman Freeborn appoints Ciobanu in Perth
Chapman Freeborn has appointed Anthony Ciobanu as business development executive at its new office in Perth, Western Australia.The global air charter specialist said that Ciobanu brings 15 years of aviation industry experience, beginning his career at dnata Airport Services as ramp supervisor and charters coordinator.Soon after, he transferred to the ...
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Maersk launches new Chicago airfreight gateway
Maersk Chicago airfreight facility. Photo: MaerskMaersk has inaugurated a new Chicago airfreight gateway near Chicago O’Hare Airport (ORD) that is designed to offer direct planeside recovery with immediate transfers to the new facility.The shipping giant, which launched Maersk Air Cargo in April, said the new facility also serves Maersk’s air ...
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Virgin Atlantic Cargo cuts back freighter services
Virgin Atlantic Cargo has reduced its freighter services four months after it began a temporary move into all-cargo operations, ending its flights to Billund.From August to October 2, Virgin Atlantic Cargo ran a service that operated three times per week between Denmark’s Billund Airport and Heathrow Airport in London using ...
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FedEx establishes direct presence in Cambodia
FedEx Express is establishing a direct commercial presence in Cambodia, as the Southeast Asian country’s economic recovery gathers speed, with exports up 20% over last year to $27bn in the first half of 2022.Kawal Preet, president of the Asia Pacific, Middle East, and Africa, FedEx Express, said: “FedEx continues to ...
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Cainiao expands Atlas partnership with Colombia airfreight route
Atlas Air 747-8F. Photo: Cainiao NetworkAlibaba Group logistics arm Cainiao Network has expanded its partnership with Atlas Air to launch a new airfreight route connecting China to Colombia to shorten transit times to South America.The service will be operated by a 130-tonne capacity B747-8F. The first flight will operate on ...
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VIDEO: The best of the IATA World Cargo Symposium
Join Air Cargo News as we look back at some of the key moments of the IATA World Cargo Symposium (WCS) 2022.
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VIDEO: Jettainer's Thorsten Riekert discusses Asia growth plans
The Air Cargo News video team spoke with Jettainer’s chief sales officer Thorsten Riekert about the company’s plans for growth in Asia.
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Ethiopian completes its first Boeing B767 freighter conversion
Ethiopian Airlines Group said it has become the first African airline to complete the passenger-to-freighter conversion of a B767 aircraft.Ethiopian partnered with Israel Aerospace Industries (IAI) to launch a B767-300ER freighter conversion line at Ethiopian MRO facilities in Addis Ababa last year.The conversion of the aircraft, the first of the ...
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Cargolux finalises order for Boeing B777-8F freighters
Source: BoeingCargolux has finalised an order of 10 Boeing B777-8F freighters and six options as it looks to replace its older four-engined aircraft.The all-cargo airline initially indicated its intention to place an order for Boeing's latest freighter aircraft at the Farnborough Airshow to replace its aging B747-400F aircraft.Cargolux chief executive ...
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Airfreight rates to stay above pre-Covid despite muted peak
Airfreight rates are expected to stay above pre-Covid levels for some time despite a muted peak season.Over the last few months, air cargo rates have been falling, said senior analyst at investment bank Stifel Bruce Chan in the latest Baltic Exchange newsletter.However, while they are expected to slip further given ...
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ACS reports record H1 revenues as cargo demand continues to soar
Broker Air Charter Service reported record revenues in the first half of the year as firms turned to aircraft charters in response to supply chain issues.The company said that sales increased by 49% year on year to $770m over the first six months of the financial year, running to July ...
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UPS expands presence at Milan Bergamo
UPS' new Milan Bergamo hub. Source: Milan BergamoUPS has expanded its presence Milan Bergamo Airport with the addition of a new facility that will expand capacity.The new facility measures 5,000 sq m and is equipped with sorting facilities enabling it to process 3,800 packages per hour - twice as many ...
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Georgi Group opens office at Paris CDG Airport
Georgi Transporte RFS trucks. Photo: Georgi GroupRoad feeder services firm Georgi Group aims to grow its air cargo services with the opening of a new France office at Paris Charles de Gaulle (CDG) Airport.The group has appointed Franck Mathout, former country manager France at AirBridgeCargo, as business development manager France.Mathout ...
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VIDEO: Vienna Airport's Michal Zach on current air cargo challenges
The Air Cargo News video team spoke with Michal Zach, VP sales & finance, ground handling & cargo, Vienna Airport about current air cargo challenges.
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Qatar Cargo adds two more booking portals to expand digital offering
Qatar Cargo will add its capacity to two more online booking portals as it continues efforts to expand its digital capabilities.The cargo business will place its capacity on cargo.one and CargoAi.Qatar Airways Cargo’s capacity will be available for booking on CargoAi as of October 10, starting with 10 key European ...
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Hong Kong Air Cargo Terminals gains IATA’s CEIV Lithium Batteries accreditation
Hactl executive director and chief financial officer Amy Lam (right) receives the IATA CEIV Lithium Batteries certificate from Yvonne Ho, IATA general manager, Hong Kong and Macau. Photo: HactlHandler Hong Kong Air Cargo Terminals Limited (Hactl) has successfully obtained accreditation under IATA’s CEIV Lithium Batteries (Li-batt) standard.Hactl now holds all ...
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Jetstream delivers two freighters to IBC Airways
One of the Saab 340B(F) freighter aircraft. Photo: JetstreamMiami-based lessor Jetstream Aviation Capital has delivered two Saab 340B(F) freighters to Florida-based IBC Airways.The aircraft are the first of an ongoing multi-aircraft commitment between Jetstream and IBC, which will result in IBC eventually retiring its fleet of Saab 340A freighters in ...
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DP DHL to raise outlook following improvement in e-commerce
Deutsche Post DHL will raise its outlook for operating profits after consumer e-commerce demand picked up in the third quarter of the year.The express and postal giant said that third-quarter earnings before interest and tax (ebit) is expected to reach €2bn compared with €1.8bn last year."Therefore, 2022 ebit guidance (currently: ...
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Zongteng Group acquires first B777F to expand e-commerce business
B777F. Photo: YunExpressChinese e-commerce infrastructure service provider Zongteng Group has taken delivery of its first Boeing B777F freighter at Shenzhen Bao’an International Airport.Zongteng Group partnered with Central Airlines to enable the B777F's first flight from Shenzhen to Riyadh on September 30.The freighter will be operated by Central Airlines on behalf ...