All News articles – Page 92
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NewsLufthansa Cargo expands A321F network in Europe
Lufthansa Cargo freighter. Photo: Lufthansa CargoLufthansa Cargo is expanding its A321F network in Europe with the introduction of Helsinki, and additional capacity from Copenhagen.On September 28, Lufthansa Cargo will start operating from Helsinki to Copenhagen once a week.The airline said it will also add a second frequency a week from ...
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WestJet Cargo continues expansion with new cargo route
Canadian airline WestJet Cargo has launched a new cargo route to Havana, Cuba, the carrier's first venture into the Cuban capital.Calgary-headquartered WestJet Cargo is operating one weekly Boeing 737-800 freighter flight from Toronto Pearson International Airport to José Martí International Airport in Havana, Cuba.The airline offers 20 tonnes cargo capacity ...
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Cainiao files for IPO on the Hong Kong Stock Exchange
E-commerce giant Alibaba will list its logistics business Cainiao on the Hong Kong Stock Exchange in an IPO that could raise as much as $1bn.On Tuesday, Alibaba submitted its application to list its logistics business on the stock exchange, although the financial terms and size of the offering were not ...
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NewsNorse Atlantic Airways and Chapman Freeborn place capacity on WebCargo
Source: FreightosNorwegian carrier Norse Atlantic Airways and air charter specialist Chapman Freeborn have placed their capacity on air cargo booking platform WebCargo by Freightos to enable real-time booking by forwarders.The partnership means forwarders will have access to instant eBooking and payment options on WebCargo for Norse Atlantic flights to and ...
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Nippon Cargo Airlines takeover delayed
The transfer of freighter operator Nippon Cargo Airlines (NCA) from logistics group NYK to All Nippon Airways (ANA) has been delayed until next year.In an investor note, shipping group NYK said that the transfer of shares had been moved back from October 1 to February 1 next year.Explaining the move, ...
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NewsWFS trials autonomous forklifts for cargo
Source: WFSWorldwide Flight Services (WFS) is trialling the use of Autonomous Guided Vehicle (AGV) forklifts in its cargo terminal at Barcelona Airport.The trial of Linde AGV forklift trucks will last for seven months and, if successful, will see this technology rolled out across other WFS stations in the Europe, Middle ...
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Ex-Etihad Cargo boss Drew scoops Atlas Air role
Ex-Etihad Cargo boss Martin Drew has been appointed as Atlas Air Worldwide chief strategy and transformation officer.Drew started in his new role this week and will lead the company’s corporate strategy, including its transformational growth initiatives.As part of this role, he will drive strategic growth and diversification across Atlas’ services, ...
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Another set of "exceptional" results for freighter operator Magma Aviation
Magma Aviation enjoyed another set of "exceptional results" in 2022 although it warned a deteriorating air cargo market would hit performance this year.The freighter operator reported record sales of $476.7m last year, an increase of 26% on 2021 levels, inflated by higher fuel prices.Operating profits were down 5.5% to $49.6m ...
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NewsPledge's Freight Emissions Calculator gains traction
Freight calculator. Source: PledgeLogistics climate-tech company Pledge has integrated its Freight Emissions Calculator on the website of WCAworld, the logistics network for independent freight forwarders.The initiative is part of the network’s ECO Programme, which aims to support forwarder members in their journey to comply with new sustainability regulations.The calculator allows ...
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Air Canada drops plans to add 777 freighters
Air Canada has cancelled an order for two newbuild Boeing 777 freighters that were due to enter service next year.The carrier ordered the cargo aircraft in August 2022, but has now decided to redirect spending on these freighters to passenger aircraft.In a press release on September 25, the airline said ...
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More signs of a 'firmer' air cargo market
There were further signs that the air cargo market was firming up last week after more than a year of demand declines.The latest weekly figures from data provider TAC Index show that the overall BAI airfreight rate index last week increased by 4.8% on the previous seven days.Meanwhile, the year-on-year ...
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IAI strikes deal for US Boeing 777-300ER freighter conversion line
Israel Aerospace Industries (IAI) has signed a deal with Ascent Aviation Services to carry out Boeing 777-300ER passenger-to-freighter (P2F) conversions.Air Cargo News (ACN) has received confirmation of the partnership from Scott Butler, chief commercial officer at Ascent Aviation Services.As part of a 15-year agreement, Ascent Aviation Services will carry out ...
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Air Cargo News Awards – Last chance to book!
There are now just two weeks to go until the Air Cargo News Awards take place, and few tickets left!This year’s exclusive awards, now in their 39th year, take place in the UK at the Hilton London Syon Park near Heathrow Airport on Thursday, October 12.The event includes a drink ...
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NewsForwarders team up on elephant flight
Source: WCAworldWorld Air Logistics and Worldlink Shipping Colombo recently teamed up to transport a large Thai elephant to Thailand.The elephant was flown from Colombo in Sri Lanka to Chaing Mai in Thailand and is set to be certified by Guinness World Records as the largest elephant flown onboard an aircraft.The ...
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SAL Saudi Logistics Services announces IPO
Saudi Arabian cargo handling and logistics firm SAL Saudi Logistics Services has announced an initial public offering (IPO).SAL Saudi Logistics is 70% owned by Saudi Arabia-headquartered airline Saudia (Saudi Arabian Airlines Corporation) and 30% by Tarabot Air Cargo Services."The offering will consist of 24,000,000 ordinary shares representing 30% of the ...
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Judge backs Manston Airport airfreight hub plans
Plans to develop a cargo hub at Manston Airport in the UK have been given a boost following the dismissal of the latest attempt to block the development.A High Court judge last week dismissed campaigners' attempts to overturn a Development Consent Order (DCO) that the government granted in August 2022.The ...
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New regional air cargo leader at cargo-partner
Enis Brigic has been appointed manager of air cargo operations for Bosnia & Herzegovina at logistics provider cargo-partner.Brigic has worked for cargo-partner for over eight years. Prior to beginning his new role he was a team leader within the air cargo division.He takes on the management role as the company ...
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EgyptAir Cargo resumes Egypt-US flights
EgyptAir Cargo flights from Egypt to the US have resumed after a hiatus of more than eight years, according to Egypt's Ministry of Civil Aviation.This follows the completion of inspections and a review of security measures by the US Transportation Security Administration (TSA) at Cairo International Airport, as well as ...
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NewsSaudia Cargo focuses on pharma
Source: Saudia CargoSaudia Cargo is hoping to benefit from increasing pharma demand in the Middle East after seeing volumes in the vertical increase by double-digit percentage levels since 2019.The carrier said that it had experienced 19% annual growth in pharmaceutical shipments since 2019.Over that time, the carrier has operated around ...
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NewsPeruvian company IKSA wins cargo contract at Lima Airport
Lima Airport Partners has teamed up with IKSA to develop cargo at Lima's airportLima Airport Partners (LAP) has awarded Inmobiliaria Koricancha (IKSA) a contract to design, construct, operate and maintain the South Cargo Zone at Jorge Chavez International Airport in Lima, Peru.Real estate and logistics company IKSA will work on ...