All News articles – Page 492
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News
SF Airlines continues expansion with Chennai route
SF Airlines has expanded its international cargo operations with the launch of a flight between Shenzhen and Chennai.The new route will operate using a Boeing 767-300F and follows on from the launch of international services to Dhaka and Hanoi.It is the longest route currently offered by the airline.“The line from ...
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Ethiopian to launch Oslo-Guangzhou freighter to net seafood traffic
Ethiopian Airlines will start a Boeing 777 freighter operation between Oslo Airport and Guagnzhou in September as it looks to capitalise on seafood volume growth between Norway and China.The airport said that Norway is expected to generate more than 230,000 tons of seafood airfreight in 2018."We are pleased that our ...
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European airports see cargo traffic growth slow in H1
European airports saw traffic growth continue to slow during June, pulling down overall performance during the first half of 2018.Figures from Airports Council International (ACI) Europe show that cargo traffic at European airports increased by 1.6% year on year in June, while over the first six months of the year ...
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Rhenus to buy pharma specialist Avant Air and Sea in Ireland
Germany’s Rhenus Group has expanded its logistics presence in Ireland with the planned acquisition of temperature-controlled and pharmaceutical specialist Avant Air and Sea, subject to regulatory approval.Avant Air and Sea, headquartered in Dublin, also manages hazardous consignments and has been providing sea- and airfreight services and cross-border services for imports ...
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Hola Taric: WiseTech Global acquires Spanish IT firm
Logistics solutions group WiseTech Global has continued its expansion strategy with the acquisition of Taric, a customs management solutions provider headquartered in Madrid, Spain.Taric offers a range of customs management solutions, including regulatory and tariff services, consultancy, training, process control and documentation management solutions to carriers, customs brokers and logistics ...
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Bumper cargo quarter for American Airlines Cargo
Increased e-commerce, flowers and blood products helped American Airlines Cargo achieve "record-setting growth" in the 2018 second quarter, handling 158,000 tonnes of freight, a 9.7% increase on the same period last year, while also posting a record month in June.The US carrier saw a 19.4% rise in cargo revenue in ...
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Volga-Dnepr links up with Henan for trans-Siberian air bridge initiative
Russia's Volga-Dnepr Group has linked up with China's Henan Airport Group and Zhongyuan Asset Management to create a “trans-Siberian air bridge” as part of China’s ‘One Belt, One Road’ initiative.The three parties have signed a framework agreement on long-term strategic co-operation.Aleksey Isaikin, president of Volga-Dnepr Group, spoke of a tri-partite ...
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Plane Jane Austen faces up to tail-fin glory after ten pound 'airbrush'
Jane Austen has taken to the skies as her portrait adorns the tail fin of a Norwegian Boeing 787 Dreamliner aircraft.The world-renowned British romantic author has inspired generations with her best-known works including Sense & Sensibility, Pride & Prejudice and Emma.Austen has become Norwegian’s eighth UK tail fin hero following ...
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NewsAirfreight growth continues to slow in June as the trade outlook weakens
Air cargo traffic growth continued to slow in June as a weakening in trade, the end of a re-stocking cycle and the grounding of the Nippon Cargo fleet took its toll.The latest statistics from IATA show that air cargo traffic in freight tonne kms increased by 2.7% year on year ...
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Waste not want not, DHL transports 140 ton heat boilers to Saudi
DHL Global Forwarding is transporting four 140-ton waste heat boilers from Germany to Saudi Arabia, using the Antonov An-225 freighter.DHL Industrial Projects, a unit within DHL Global Forwarding, is handling the multimodal movement of the four boilers, each measuring 3.7 m high, 4.1 m wide and 19 m long. According ...
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NewsCathay Pacific sees cargo improve while overall losses are narrowed
Cathay Pacific saw cargo revenues soar during the first half of 2018, while the overall airline group managed to narrow its losses.The Hong Kong-headquartered carrier registered total cargo revenues of HK$13bn during the first six months of 2018, a 24% increase compared with the prior year.Cargo traffic for the period ...
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Capacity bottlenecks contribute to half-year dip in Frankfurt cargo volumes
Frankfurt airport's cargo volumes dipped 0.4% in the first half of 2018, hindered by "temporary capacity bottlenecks" in cargo handling, a decline in Far East-bound traffic and reduced German industrial output.Reporting its interim six months financial results, airport operator Fraport said that Germany's number one cargo hub handled 1,075,247 tonnes ...
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Mixed outlook for airports but May's cargo volumes pick up speed
Global airfreight volumes “picked up speed” in May, registering a 5.1% year-on-year increase despite comparison with a high octane month in 2017.The latest monthly statistics from Airports Council International (ACI) World warned that the outlook for global airfreight is “currently mixed”, with trade tensions and inflation up in May, but ...
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Agility airfreight's strong performance in Q2
A strong performance in airfreight helped Kuwait-based global logistics group Agility report second-quarter net profit of KD20m ($66m), an increase of 18.7% over the same period in 2017.Agility EBITDA grew 13.6% to KD37.1m, while revenue increased 12.3% to KD384.2m.First-half earnings of net profit of KD38.9 m were up 24%. First-half ...
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NewsWildlife traffickers "highly dependent" on commercial air transport
A new report on global wildlife trafficking seizures in air transport reveals that criminals are "highly dependent" on commercial air transportation systems to smuggle endangered animals.The analysis of global airport seizures of illegal wildlife and wildlife products from 2009 to 2017 found trafficking instances in at least 136 countries worldwide. ...
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E-commerce and freight forwarding boost for DP DHL's second quarter
Deutsche Post DHL Group's (DP DHLG) revenue rose by 1.4% to more than €15bn in the second quarter of 2018, driven primarily by “significant gains” at DHL Express and Global Forwarding, Freight.The quarter's operating profit (EBIT) at the German logistics giant amounted to €747m, down by 11.2% against the record ...
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Anchorage first half airport volumes on top of the world
Alaska's Ted Stevens Anchorage International Airport (ANC) reported a 5.2% rise in first half 2018 cargo volumes to more than 1.34m tonnes."Anchorage Airport’s strategic location gives air cargo operators the ability to fly fully-loaded aircraft between Asia, the US, Europe, and Latin America," said Jim Szczesniak, airport manager at the ...
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Freighter lessor ATSG's revenues on the rise
US freighter lessor Air Transport Services Group (ATSG) reported 2018 second quarter revenues of $203.6m, an increase of 6% after excluding $61.1m in reimbursed expenses from 2Q 2017.Adjusted EBITDA from continuing operations was $69.7m, up 9%.Joe Hete, president and chief executive of ATSG, said: "Growth in our aircraft leasing and ...
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Fraport sells its 30% stake in Hannover Airport
Frankfurt Airport Services Worldwide (Fraport) is to sell its entire 30% stake in niche German hub Hannover airport to iCON Flughafen (iCON) for €109.2m.In 2017, the northern German airport handled 16,861 tonnes of cargo, down from just under 19,000 tonnes the year before.Flughafen Hannover-Langenhagen (FHLG) is the operating company at ...
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Hactl boosts green efforts with special event
Ground handler Hong Kong Air Cargo Terminals Limited (Hactl) has marked the latest phase in its long-running “Green Terminal” environmental programme, with an event entitled 'Don’t Wait Act Now' that included a show of upcycled fashion modelled by Hactl staff.The Don’t Wait Act Now event is designed to instill a ...