Region – Page 212
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News
Toll records revenue and operating income declines
Freight forwarder Toll has seen revenues and operating profits decline since its takeover by Japan Post last year.The Japan Post Group, which is reportedly interested in the purchase of DHL Global Forwarding, released its results for the nine month period until the end of December.Its international logistics business, which is ...
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Cargo partly to blame for low profitability at Asian carriers
Cargo is one of the main reasons carriers based in Asia continue to suffer from lower profitability levels than competitors from most other regions of the world.Speaking at the Singapore Airshow Aviation Summit, IATA chief executive and chairman Tony Tyler said the overall airline industry was expected to return profits ...
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NewsMarket Talk: Deutsche Post considers future for DHL Global Forwarding, says Reuters
DHL Global Forwarding may be sold or spun off by German parent group Deutsche Post, with Japan Post Holdings a possible buyer, claims news agency Reuters, citing "two people familiar with the matter".Deutsche Post and Japan Post, which owns top-20 forwarder Toll Global Forwarding, both declined to comment.According to Reuters, ...
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News
CargoLogicAir's launch customer named as Chapman Freeborn
CargoLogicAir (CLA) has revealed that the charter flights it carried out earlier this year were arranged by Chapman Freeborn Italia on behalf of freight forwarder Savino del Bene.CLA’s first charter flights flew from Stansted to Bari via Frankfurt and carried a total of 113 tons of automotive parts, including engine ...
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Chinese express airlines looking to continue e-commerce fuelled expansion
Fast expanding Chinese express carriers YTO Express Airlines and SF Airlines have applied to add extra routes from the country’s capital as they look to capitalise on the growing domestic e-commerce market.Recently launched YTO has applied to the Civil Aviation Administration of China to operate a cargo service between its ...
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News
Air France KLM Cargo picks up CEIV certification
Air France KLM Martinair Cargo has been awarded IATA Centre of Excellence for Independent Validators (CEIV) Pharma certification for its hub operations in Amsterdam and Paris.The airline group said it had decided to meet the standards of the IATA CEIV Pharma programme, rather than the European Union’s Good Distribution Practice ...
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NewsDSV sees airfreight demand grow ahead of market while profits soar
The first of the major European freight forwarders has reported its 2015 full-year results, with DSV recording ahead of market airfreight growth and increases in profits and revenues.The Danish forwarder, which in January received final regulatory clearence for the takeover of UTi, recorded a total revenue increase of 4.7% year ...
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News
First to market race heats up for A320/321 conversion programme
PACAVI Group and Guangzhou Aircraft Maintenance Engineering Co (GAMECO) said that they are on track in being "first to market" with their joint Airbus A320/A321 passenger-to-freighter (P2F) conversion programme in 2017.They face competition from the joint venture between Singapore Technologies Aerospace (ST Aerospace) and Dresden-based Elbe Flugzeugwerke (EFW) to launch ...
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NewsEuropean cargo carriers monthly: mixed start to the year for airlines
The start of 2016 has seen a divergence in the air cargo performance of European airlines, with Finnair and IAG both recording demand increases, while Lufthansa and Air France KLM saw demand drop.Possibly the most surprising performance of the four carriers in January came from Finnair, which recorded a double-digit ...
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Frankfurt freight falters in January
Frankfurt airport saw further cargo red ink in January, with a 0.1% fall in cargo volume versus 2015 to 159,650 tonnes, the eleventh monthly decline in a row for Europe's top airfreight hub.The German gateway, which saw a 2.3% fall in total 2015 volumes to just over 2.1m tonnes, registered ...
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News
Damco back in profit for 2015
Damco, the freight forwarding arm of Danish maritime giant AP Moller-Maersk (APM), moved from an underlying $225m loss in 2014 to an underlying $15m profit in 2015 as its airfreight volumes fell by 4%.“Productivity improvements, overhead cost reductions and growth in supply chain management activities were the primary drivers behind ...
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News
CargoLogicAir set to offer scheduled service to Africa from February
Valentine’s Day (February 14) looks set to be the day CargoLogicAir (CLA) begins to offer its first scheduled flight.AirBridgeCargo said that its “partner airline” CargoLogicAir will offer a scheduled service from Stansted to Frankfurt, Libreville (Gabon) and to Johannesburg with further routing to Nairobi.Earlier this week, CLA revealed that it ...
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News
Ethiopian Cargo loss continues to bite at Brussels
Brussels Airport continued to suffer from the withdrawal of Ethiopian Cargo services in January as the Belgian airport recorded a decline in airfreight demand.The airport, which was one of the success stories of 2015, saw cargo demand decline by 2.4% year on year in January to 36,964 tons.Full-freighter demand suffered ...
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News
New guidelines ensure four-legged friends are fit to travel
Freight interests, veterinary organisations and animal welfare groups, together with the European Commission, have published new guidelines on transporting equidae - horses, ponies, donkeys or hybrids.As well as general advice on journey length and the design of accommodation, they set out clear and simple methods of assessing the fitness of ...
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News
Tough start for Gatwick's cargo business
Gatwick Airport’s air cargo business has had a tough start to the year as demand dropped by almost 10%.The West Sussex airport, which is hoping to secure government backing for expansion at the expense of west London rival Heathrow, saw cargo demand drop by 9.7% year on year in January ...
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News
ASL swoops on TNT fleet
ASL Aviation has agreed to purchase TNT Airways and Pan Air Líneas Aéreas, which the express firm has agreed to sell as part of its takeover by FedEx, for an undisclosed sum.The deal will see Dublin-headquartered ASL, which was the expected destination of the fleet, take over the flights operated ...
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News
Vote for your Cargo Airline of the Year
Voting is now open for Air Cargo News’ 32nd annual Cargo Airline of the Year awards. You can vote for carriers to specific regions and your favourite all-cargo airline. The 2015 categories are:Best Cargo Airline to/from: Africa, Americas, Asia/Pacific, Europe & Middle East, All-Cargo Airline and the Cargo Airline of ...
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News
CargoLogicAir reveals fleet plans
New UK-based all-cargo airline CargoLogicAir (CLA) has revealed it hopes to operate a fleet of five Boeing 747 freighters in 2018.The much speculated-upon airline today confirmed it had been awarded an Air Operator Certificate (AOC) by the UK Civil Aviation Authority.CLA has taken delivery of its first Boeing 747-400 freighter ...
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News
Finnair Cargo signs up Mercator's SkyChain
Finnair Cargo has signed up to use software provider Mercator’s SkyChain air cargo management system as the airline expands hub and air capacity.SkyChain will be implemented by October 2016, six months ahead of the opening of Finnair's new cargo terminal in spring 2017.The new terminal is being developed in line ...
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SIA Cargo Q3 profits down despite demand jump
Singapore Airlines Cargo saw operating profits decline in its fiscal third quarter despite an increase in demand.SIA Cargo recorded an operating profit of S$2m during the October-December period compared with a S$17m profit during the same period in 2014.It said the decline was down to yields declining by 13.5% as ...