All News articles – Page 286
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News
Seko Logistics sets sights on growth in China
Following Seko Logistics' secured investment from Ridgemont Equity Partners, which was first reported by Air Cargo News in January, the logistics firm is planning to expand its presence in China.The company said expansion in China will help it to build on its airfreight and seafreight growth, which increased by 20% ...
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NewsHermes and Nallian team up on slot booking
Jean Verheyen, CEO Nallian (left) and Yuval Baruch, CEO HLT (right)Cargo software firms Hermes Logistics Technologies and Nallian are combining elements of their solutions covering slot booking and acceptance and delivery.Through the partnership, Hermes customers will have access to a slot booking app that connects handlers, freight forwarders, and trucking ...
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NewsChanging cargo trends keep Wallenborn busy
Jason BreakwellOnly a few months of 2021 has passed, but the year is already showing positive signs for road feeder services (RFS) business Wallenborn.Looking back on 2020, commercial director Jason Breakwell says volumes from March to December were around 10% higher than the previous two years. “This year has been ...
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East Midlands Airport consortium gains UK Freeport status
An East Midlands consortium, including the airport, was one of eight companies selected for Freeport status in England.The East Midlands bid for Freeport status was submitted by a consortium led by the two local enterprise partnerships, including East Midlands Airport.The proposition is based around the East Midlands Airport Gateway Industrial ...
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NewsAir New Zealand expands network as exporters turn to air cargo
Alex LarsenThe last few months have seen Air New Zealand open new cargo connections as it looks to meet demand from the country's exporters.Alex Larsen, head of global sales at the Auckland-headquartered airline, told Air Cargo News that the carrier recently expanded its network with twice-weekly services to Guangzhou, operating ...
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Record B767 deployments boost ATSG in 2020
Aircraft lessor ATSG has achieved increased revenues for the full-year 2020 following a record number deployments of converted freighters.The Wilmington-headquartered company reported a 8.1% year-on-year increase in customer revenues to $1.6bn and a 9.5% year-on-year increase in adjusted ebitda to $497m.During 2020, ATSG achieved 11 deployments via external lease (and ...
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NewsAir cargo boosts K+N in 2020
Kuehne+Nagel's (K+N) airfreight business registered improvements in profits and revenues last year, while the overall business reported declines.K+N said that 2020 was characterised by a weak first and a strong second semester.The forwarder's airfreight business saw revenues for the year increase by 11.6% year on year to SFr5.2bn, gross profits ...
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NewsVolga-Dnepr Airlines and LEJ set up emergency logistics hub
Volga-Dnepr Airlines and Leipzig/Halle Airport (LEJ) have signed a Memorandum of Understanding (MOU) to establish an emergency logistics hub for humanitarian tasks.Through the agreement, LEJ will offer some of its warehousing facilities for the storage of emergency cargo, while Volga-Dnepr will offer its aircraft for humanitarian operations.Both parties will strategically ...
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NewsIATA: Air cargo demand beats 2019 levels in January
Air cargo volumes returned to pre-Covid levels in January with demand even increasing compared with 2019 levels for the month.The latest statistics from IATA show that air cargo volumes in cargo tonne km terms were in January up by 1.1% compared with 2019 levels and 6.1% year on year.Meanwhile, capacity ...
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News
Network Airline Services renews with WFS in Belgium and the Netherlands
Sales agent Network Airline Services has renewed its ground handling agreement with Worldwide Flight Services in Belgium and The Netherlands, with other stations potentially being confirmed later this year.The two companies started working together in 2015 and both Marc Claesen – WFS senior vice president commercial EMEAA and Patricia Heilbrink ...
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NewsMacquarie AirFinance orders conversions to meet express demand
AEI B737-800SFAircraft lessor Macquarie AirFinance will convert four of its B737-800SF aircraft through Aeronautical Engineers, Inc as it looks to capitalise on growing e-commerce demand.The company said that it made sense to extend the life of its B737-800 aircraft through conversion.John Willingham, chief executive of Macquarie AirFinance, said: “We are ...
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Cargo remains the bright spot for Turkish Airlines in 2020
A strong rise in cargo revenues helped Turkish Airlines end 2020 with a profitable final quarter at an operating level, though the Star Alliance carrier still posted a net loss of $836m for the full-year.While the carrier’s passenger revenues slumped by two-thirds for the three months ended December 2020, to ...
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Conversion market takes off but prices remain static
The freighter fleet has grown "strongly" since May last year with more than 200 all-cargo aircraft additions, according to consultant IBA.Figures from IBA's Insight.iQ platform show that the active fleet of narrowbody freighters has grown by 61 to 625, the midsize widebody fleet is up by 80 to 624 and ...
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Interview: Virgin Atlantic Cargo - A changing landscape
Virgin Atlantic Cargo adapted quickly to freight-only flying last year. Managing director Dominic Kennedy tells Damian Brett about the challenges it faced and the opportunites that lie ahead.People often say they enjoy working in the air cargo industry because no two days are the same. However, when Virgin Atlantic Cargo ...
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NewsLATAM set to expand freighter capacity with B767 conversions
LATAM Airlines will expand its freighter capacity by as much as 80% through the addition of up to eight B767-300ER conversions.The Santiago-headquartered airline group said the conversion plan will be implemented over two phases; the first phase will see four aircraft converted between 2021 and 2022 and the second phase ...
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Cainiao and Saudia Cargo team up on Asia-Europe flights
Alibaba's logistics arm, Cainiao Smart Logistics Network, and Saudia Cargo are teaming up on five weekly flights from Hong Kong to Liege in Belgium, with Riyadh city as a connection point.The partnership, which starts today, aims to form a sky bridge linking Asia, Europe and Middle East to cater to ...
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DB Schenker commences India air cargo charter service
DB Schenker has commenced its India air cargo charter service, which is part of its Global Flight Operations Program launched to bridge the capacity gap.Boeing 747 freighters will be used for the service to transport cargo between India, Europe and the US (Munich—Chennai—Chicago RFD).Cargo carried on the flights will include ...
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NewsCathay Cargo transports multiple types of Covid vaccines
Cathay Pacific Cargo is using its Vaccine Solution pharma service to transport large numbers of Covid-19 vaccines, under varying required conditions, to destinations in its network.Yesterday, the carrier carried 1m vaccine doses manufactured by Fosun Pharma/BioNTech from Frankfurt to Hong Kong.The batch was the first from Fosun Pharma/BioNTech to be ...
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SIA Cargo B747-400F suffers puncture damage near undercarriage
A Singapore Airlines freighter has completed repairs in Brussels after punctures were discovered near the aircraft’s undercarriage.SIA said the Boeing 747-400 freighter, registered 9V-SFO, had operated flight SQ7951 from Dallas to Brussels on February 26, and was “found to have some damage on its body” during a post-flight inspection.Images posted ...
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NewsDSV ups airfreight capacity across network with new charter services
DSV has launched three new air cargo charter routes, which connect five continents, to meet increased demand for air freight capacity.The company's weekly, direct Luxembourg–Sao Paulo, Brazil route was launched last week and offers 100 tonnes of capacity between Europe and Brazil.from March 1, DSV will start a weekly service ...