All News articles – Page 308
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NewsIntradco appoints general manager as it looks to grow
Alexander KraynovAnimal transport firm Intradco Global has appointed Alexander Kraynov as its first general manager.Kraynov worked for the Volga Dnepr group from 2002 through to 2018 progressing from sales executive to group commercial director, charter operations.He will be responsible for many areas of the business, but with a focus on ...
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NewsNew airfreight wholesaler hits the market
A new airfreight wholesaler has been launched by cargo stalwart Rinaldo Vels, particularly targeting non-IATA-licenced forwarders, courier companies, trucking companies, e-commerce forwarders and digital forwarders.The new company, Wholesale by Vels, is based near Amsterdam Schiphol Airport and is fully licenced by IATA.The company's initial focus is on outbound services to ...
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Amazon confirms the launch of European airfreight operations
E-commerce giant Amazon has confirmed the launch of air cargo operations in Europe after months of speculation.The e-tailer yesterday announced that it had leased two branded Boeing 737-800 aircraft from GECAS that will be operated by ASL Airlines on behalf of Amazon Air in Europe, following the start of operations ...
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Air cargo demand helps Korean to Q3 operating profit
Air cargo demand helped Korean Air eke out an operating profit of W7.6bn ($6.5m) in the third quarter — its second consecutive profitable quarter since the coronavirus struck — but its overall revenue was down more than half from a year earlier.The W7.6bn operating result for the three months ended ...
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Operating profits take off at Lufthansa's cargo business
Lufthansa's logistics division saw profits massively improve on a year ago on the back of cost reductions and higher rates.The division, which includes Lufthansa Cargo and other businesses such as time:matters and Jettainer, saw third-quarter revenues decline by 2% year on year to €587m while revenue cargo tonne kms were ...
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AF KLMP expands presence in Germany with Swissport Frankfurt partnership
Air France KLM Martinair Cargo (AFKLMP Cargo) has said it is set to strengthen its position in the German market.The carrier's comments come as Swissport — its ground handler in Frankfurt — commenced operations at its new cargo facility at Frankfurt Airport last week.GertJan Roelands, senior vice president of sales ...
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NewsGeodis extends transatlantic freighter flights to meet capacity shortage
Geodis AirDirect TransatlanticFreight forwarder Geodis has continued to expand its use of freighter flights, extending its transatlantic operation into next year.Geodis said its Own Controlled Network (OCN) linking Europe to the US three times per week in each direction would now run throughout 2021.The service will run between Amsterdam Schiphol ...
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NewsIberia introduces first A330 preighter
IAG-owned Iberia has introduced its first A330 preighter aircraft as it prepares for the air cargo peak season.The company said that the A330's economy and premium economy seats, as well as crew rest area, were removed along with separation panels by its own MRO business.Carpeting was reinstalled with lights indicating ...
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NewsDelta adds scheduled cargo-only flights between US, Europe and India
Photo: Delta CargoDelta Cargo has increased its cargo capacity between the US, Europe and India ito meet peak season demand.This week the carrier launched daily scheduled cargo-only flights between New York-JFK and Madrid, using bellyhold capacity on its Boeing 767-400 aircraft.The carrier also launched a cargo-only service between New York-JFK ...
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NewsRiga Airport takes aim at cargo with new development tender
RIX CargoRiga Airport has announced an international tender to attract an investor for the construction of a new multi-functional cargo handling and logistics complex in the Airport territory.The airport is offering investors an opportunity to acquire building rights for 30 years to a plot of land in an area of ...
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Pilot Freight takes over franchise as part of growth efforts
Pilot Freight has acquired its Metro New York franchise as part of efforts to capitalise on the growing e-commerce market.The forwarder said that the franchise is a strategic asset due to the high concentration of deliveries for the Pilot system and the sustained sales growth across all service offerings.The leadership ...
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NewsCargoAi: Investment in digitalisation a must following Covid-19
Matthieu Petot, CargoAi Source: CargoAiBooking platform CargoAi believes that the Covid-19 outbreak has accelerated the use of digital solutions in air cargo.The Singapore-based company's chief executive, Matthieu Petot, told Air Cargo News that it has doubled the size of the team of the last six months in response to growing ...
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IATA: Air cargo recovery speeds up in September as US recovers
The latest statistics from IATA show that the speed of recovery in air cargo increased slightly in September — and this improvement is expected to continue throughout peak season.Meanwhile, US-based carriers reported their first increase in demand for 10 months.According to the airline association, airfreight volumes measured in cargo tonne ...
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NewsCLIVE: End of October blip raises questions despite air cargo improvements
Air cargo demand continued to improve in October but a drop off in volumes towards the end of the month has raised some questions about the strength of the peak season.The latest figures from CLIVE Data Services show air cargo volumes for the month were 3% higher than September. October ...
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Cargojet sees Q3 revenues improve on e-commerce demand
Cargojet Inc saw revenues and operating profits improve in the third quarter of the year on the back of increased demand for freighter services and growing e-commerce volumes.The Canada-based aircraft lessor reported a 38.2% year-on-year increase in third-quarter revenues to C$162.3m, while adjusted earnings before interest, tax, depreciation and amortisation ...
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Ethiopian Cargo highlights its readiness for vaccine distribution
Ethiopian Cargo and Logistics Services, the cargo division of African carrier Ethiopian Airlines, has highlighted its readiness for the distribution of Covid-19 vaccine across Africa and the rest of the world.The carrier said it has the largest cargo terminal in Africa, which has annual capacity of 1m tonnes, as well ...
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NewsUPS names newest members elected to its board of directors
Russell Stokes, UPS board of directorsUPS has revealed the names of its newest elected members to its board of directors.Effective immediately, Kate Johnson, president at Microsoft US, and Russell Stokes (pictured), president and chief executive of GE Aviation Services and chair of GE Power Portfolio, join the board.Johnson joins UPS' ...
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Qatar Cargo signs up for Champ's airfreight platform
Qatar Airways Cargo has continued its digital drive through the implementation of Champ Cargosystems’ Traxon cargoHUB platform.Champ said the platform will "optimise the digitisation" of communication technologies."This partnership will improve the carrier’s data quality and flow, regardless of system or data format, thereby resulting in higher productivity, efficiency and lower ...
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Cathay Pacific Cargo signs up to Swissport in Frankfurt
Cathay Pacific Cargo has signed up to use Swissport as its cargo handler in Frankfurt, shortly after the company opened a new facility at the German airport.The airline signed a five-year contract with Swissport, with the first shipment processed on Monday."The new 5-year collaboration represents a significant increase of handling ...
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NewsChina Southern to form Boeing 777F cargo unit
China Southern Airlines has applied to the Civil Aviation Administration of China (CAAC) for approval to establish a cargo subsidiary.To be based in Guangzhou, the new carrier, known as China Southern Airlines Cargo, will be wholly owned by China Southern. Neither the CAAC nor China Southern gave any indication of ...