All News articles – Page 72
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Vancouver Airport in line for major expansion funding
The Government of Canada will invest up to C$74.3m at Vancouver International Airport to enable it to handle more cargo.This investment, part of the National Trade Corridors Fund, will be used to expand the airport, improve its facilities and efficiency, and reduce pollution, said a press release.The project will also ...
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Cirium predicts annual freighter fleet growth of 2.6%
The freighter fleet will grow by 2.6% annually and 3,590 freighter aircraft will be supplied over the next 20 years, predicts the latest Cirium Fleet Forecast.This includes 1,060 new build aircraft (30%) worth $140bn and 2,530 conversions from passenger aircraft (70%), said the the aviation analytics company."These numbers are similar ...
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DHL, FedEx and UPS face India competition probe
Source: Worawee Meepian/shutterstockDHL, FedEx and UPS are under investigation by the Competition Commission of India (CCI) over alleged antitrust violations.Newswire Reuters reported that the local units of the three express giants were the focus of an investigation following a complaint from the Federation of Indian Publishers.According to the report, the ...
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Lufthansa Cargo parks two A321Fs due to fine fuselage crack
Lufthansa Cargo has parked two of its four A321 freighters after a single fine crack was located on the rear fuselage structure of one of the aircraft. The two affected aircraft are D-AEUC and D-AEUI. The former has not flown for several days now while the latter last conducted a ...
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IAG Cargo opens 2024 graduate programme
Source: IAG CargoIAG Cargo is taking applications for its 2024 Graduate Scheme at London Heathrow until the end of January.The cargo business is looking for 11 graduates to join the two-year programme that will start in September.IAG said that new intakes will benefit from IAG Cargo’s brand-new learning hub to ...
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Freighter number four for MSC Air Cargo
MSC Cargo's latest freighter has been delivered and will be put into action on the transpacific.The newbuild Boeing 777F was this week delivered to lessor Atlas Air Worldwide Holdings and is the last of four aircraft to be delivered for its long-term ACMI agreement with MSC.The inaugural 777F was delivered ...
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Boeing grows 777F tally with mystery order
777-8F. Copyright: Boeing Media LibraryBoeing has revealed that two 777 freighters were ordered by unidentified customer(s) last month, taking the airframer's total 2023 777F orders to 10.Atlas Air ordered two 777Fs in October, while Boeing's order data shows there were several more as yet unidentified customers throughout the year.One 777F ...
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Camex Airlines utilises software to ensure ICS2 compliance
Georgia-based cargo carrier Camex Airlines has signed up to use software firm Feeport's system to ensure it is compliant with the European Union’s (EU) Import Control System 2 (ICS) for security declarations.Feeport is providing the airline, which operates Boeing 737-800 freighters, with several data filings prior and during EU-bound flights ...
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Air cargo traffic, capacity and revenues continued to recover in Q4
Air cargo traffic, capacity and revenues continued to recover in late 2023. According to IATA, world air cargo traffic expanded 8.3% year-over-year, as measured in cargo tonne-kilometres (CTKs), in November 2023, the best month for industry traffic growth since December 2021.After 17 months of consecutive decline, traffic tepidly began growing ...
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Amerijet offloads freighters and restructures
US freighter operator Amerijet is offloading Boeing 757 aircraft and restructuring the business as it looks to respond to changing market conditions.The Miami-headquartered airline said that it has completed a successful financial and operational restructuring to "enhance the Company's capital structure and support go-forward operations".The restructuring includes the return of ...
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Korean Air to expand cargo SAF programme with Yusen Logistics
Photo: Korean AirKorean Air will expand its cargo sustainable aviation fuel (SAF) programme by partnering with Yusen Logistics to further promote the use of SAF in the air cargo industry.The two companies signed a SAF Cooperation Programme Agreement at the Yusen Logistics headquarters in Tokyo.Yusen Logistics is the airline’s first ...
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Burger becomes COO Air & Sea Logistics at Dachser
Tobias Burger. Photo: DachserTobias Burger has been appointed chief operations officer air & sea logistics at Dasher.The former deputy director air & sea logistics, who has also become a member of the Dasher executive board, took on the role at the beginning of the year and will focus on driving ...
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Future of Leipzig/Halle cargo hub under scrutiny
Auditing firm KPMG has completed a restructuring report on the financially ailing operator of Leipzig/Halle Airport, Mitteldeutsche Flughafen AG (MFAG), with observers expecting that shareholders will have to inject fresh capital.According to Air Cargo News sister title DVZ, KPMG will hand over a so-called IDW-S6 restructuring report to the management ...
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Liege cargo volumes slide in 2023 as FedEx switch takes its toll
Liege Airport saw its cargo volumes decline last year due to weak economic conditions and the restructuring of FedEx's network.Belgium's busiest cargo hub recorded cargo volumes of just over 1m tonnes last year, down 11.8% on 2022 levels. However, volumes are up on 2019's 902,480 tonnes.The airport attributed the decline ...
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IATA recertifies Singapore Airlines for CEIV Fresh
Singapore Airlines (SIA) has attained IATA recertification for its handling of perishable products via its Singapore hub.The CEIV Fresh recertification is valid for three years, starting from February 1.Nine SIA stations - Amsterdam, Barcelona, Brussels, Frankfurt, Ho Chi Minh City, Hong Kong SAR, Hyderabad, Singapore, and Zurich - are currently ...
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Geodis to continue operating own capacity
Geodis' A330-300 freighter is operated by Titan Airways. Photo: GeodisGeodis will continue offering its own-controlled freighter capacity until at least the end of the year.The freight forwarder’s leased Airbus A330-300P2F, operated by London Stansted-headquartered Titan Airways, is currently performing three rotations per week between the UK and China, carrying ...
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Air Partner expects marginal demand growth and overcapacity in 2024
Charter broker Air Partner is expecting marginal growth in general cargo volumes this year while overcapacity is predicted to persist.In an outlook for the year ahead, Air Partner vice president of global cargo Pierre van der Stichele, said he expected the general cargo industry to grow "marginally" by around 4-5%, ...
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HNA Cargo teams up with cargo.one to boost digital sales
cargo.one and HNA Cargo have teamed up. Photo: cargo.oneChinese air logistics group HNA Cargo has partnered with digital booking platform cargo.one to offer freight forwarders in 107 markets access to its air cargo capacity, including routes into China and across Asia Pacific.This will be the first global digital sales venture ...
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DHL Express and Mytheresa join forces on SAF shipments
E-commerce platform Mytheresa is the latest firm to sign up to use DHL Express' GoGreen Plus service that offers emissions reduction through the use of Sustainable Aviation Fuel (SAF).The luxury e-commerce company has signed a five-year strategic partnership with DHL Express for its GoGreen Plus service, launched last year.This is ...
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IATA WCS 2024 brings the latest digitalisation, safety and sustainability insight
Source: IATAIATA’s 2024 World Cargo Symposium (WCS) will once again focus on the three core subjects of digitalisation, safety and sustainability.On Monday March 11, IATA WCS will offer the Future Air Cargo Executive Summit (FACES), the IATA Cargo Solutions workshop, a Certification workshop, the CBTA Center Conference, and a focus ...