Region – Page 236
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News
IAG revenues up on currency gains
IAG saw cargo revenues increase by more than 8% during the second quarter of the year despite a volume decline caused by a move away from operating its own freighters.The Iberia and BA owner recorded cargo revenues of €259m during the second quarter of the year, up from €238m during ...
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IATA hits out at Paris airport charge increases
IATA has hit at the French Government for allowing the operator of Paris-Charles de Gaulle (CDG) and Paris-Orly (ORY) airports to continue increasing airport charges for each year of the 2016-2020 period.The airline group said the French government’s decision ignores the recommendation of the independent Airport Consultative Commission, which said ...
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Logwin answers a logistical trunk call
An elephant never forgets, nor does it flap a deaf ear.Germany-based logistics services provider Logwin has transported a supersize format loudspeaker by truck and aircraft to Addo Elephant National Park in South Africa.The equipment will allow the University of Vienna to study how elephants can communicate over great distances ...
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ANA endures tough quarter for cargo
ANA Cargo has endured a difficult second quarter as revenues, volumes and load factors all declined as typhoons, softening export demand and a weakening yen took their toll.The Japanese carrier saw cargo revenues decline by 2.4% during the April-June period to Y36bn.Cargo traffic slid by the larger amount of 7% ...
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JAL Cargo revenues up on international growth
JAL Cargo has recorded an increase in cargo revenues during the first quarter of its fiscal financial year.The Japanese carrier saw international and domestic cargo revenues during the April-June period increase to Y20.5bn from Y19.8bn a year earlier.International volumes increased by 9.4% during the period in cargo ton km terms, ...
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Ground handling shake-up continues as HNA swoops on Swissport in Sfr2.7bn deal
The fast-changing ground handling industry today saw a second major takeover take place within a week when China’s HNA Group swooped on Swissport in a Sfr2.73bn deal.HNA, owner of China’s fourth-largest airline, Hainan Airlines, said Zurich-based Swissport would remain a standalone business within the group and added that it would ...
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Sharjah partners firm up road feeder agreement
Sharjah Aviation Services and Wallenborn have formalised their strategic partnership in the Middle East with a newly entered agreement.It extends the current cooperation between Sharjah Aviation Service and the Luxembourg-headquartered road feeder services (RFS) supplier.Sharjah Aviation Service and Wallenborn offer general cargo and temperature controlled airfreight RFS to all the ...
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Australia and US agree mutual recognition strategy for air cargo screening
The US and Australian governments have agreed a policy to phase-in arrangements to screen all US-bound air cargo at piece-level.The strategy will allow the US Transportation Security Administration (TSA) to continue recognition of Australia’s National Cargo Security Program (NCSP) for US-bound air cargo until mid-2017.The move was welcomed by TIACA, ...
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TNT launches Tunis air link
TNT has launched a Boeing 737-400 freighter link to Tunis, the capital city of Tunisia, from its main European air hub in Liege, Belgium.The service will operate five times weekly via Marseilles, with flights arriving in Tunis every weekday before start of business and leaving the city in the evening.The ...
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Online shopping boost for Aramex as it eyes acquisitions
An online shopping boost for its international express and domestic express products saw Dubai-based Aramex’s second quarter net profits increase by 15% to AED92.6m.The logistics group, which has secured funds for potential takeover targets, saw its half year 2015 revenues increase year-on-year to AED1.9bn, up 7% compared to the corresponding ...
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Qatar launches on-board courier service
Qatar Airways Cargo is launching an express airfreight service for door-to-door and time-critical shipments.The QR On-Board Courier service will be rolled out across the Middle East-based cargo carrier’s global network on August 1, enabling customers to book time-definite airfreight delivery solutions.It will use dedicated couriers accompanying each shipment from collection ...
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Ground handler shake-up continues as dnata swoops on Amsterdam business
The shake-up of the ground handling industry continued today as dnata announced it had struck a deal to acquire Aviapartner’s cargo handling operations at Schiphol airport.The deal will see dnata gain Aviapartner’s 44,000sq m of warehouse space, where it handles 360,000 tonnes of cargo each year and employs 430 staff.The ...
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SIA sees 7.2% air cargo revenue decline in Q1
Singapore Airlines Group saw cargo revenue decline 7.2% in the first quarter of the current financial year (April-June 2015), despite a slight increase in freight carried, due to a 7.6% fall in yield.SIA Cargo recorded a first quarter loss of S$9m, compared with a S$18m deficit in the like three-month ...
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Ethiopian Airlines' African ambitions
In 2010, Ethiopian Airlines set out a bold vision for future growth which included 725,000 tonnes of cargo by 2025. In 2014 it was a quarter of the way to that target, with cargo tonnage of 187,000 tonnes, up 40% since the plan was announced.Still some way to go then, ...
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AMI appoints French in Africa
Airfreight wholesaler AMI has promoted its General Manager South Africa, Milton French, to the post of vice president, Africa, following the retirement of current incumbent Mike Todd.French has spent over 30 years in the freight industry, holding a variety of senior posts for leading forwarders including Mitchell Cotts, Micor Meadows ...
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Qatar Airways Cargo to add new African air cargo freighter operation
Qatar Airways Cargo has continued to expand its operations to Africa with the addition of a seventh dedicated freighter service to the continent.The airline announced today that it would launch a new Airbus 300F flight to Djibouti from its Doha hub on August 1.Qatar said the service would target the ...
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TNT updates on FedEx deal as Q2 losses narrow
TNT Express has confirmed that it expects its acquisition by FedEx to be completed in the first half of next year as it reports a loss of €1m for the second quarter.The Amsterdam-based express operator recorded a second-quarter 6.2% year-on-year improvement in revenues to €1.8bn.Operating income jumped to €19m from ...
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Qatar Airways dismisses SpiceJet stake speculation as an attempt to increase share value
Qatar Airways has dismissed speculation that it is in negotiations to buy a stake in Indian low-cost airline SpiceJet, suggesting the rumours are designed to increase share value.In a press release, the Middle Eastern carrier said rumours in the Indian press suggesting that the two airlines are in the early ...
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Update: DB Schenker Logistics not for sale but set for part privatisation
Deutsche Bahn has dismissed the potential sale of its DB Schenker Logistics business but adds it is open to part privatisation of the forwarder.On announcing its half-year results, which saw the rail and logistics giant increase overall revenues by 1.3% on last year to €20bn, although industrial action caused earnings ...
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Delta takes 3.5% stake in China Eastern
US passenger carrier Delta Airlines is taking a 3.5% stake worth $450m in China Eastern Airlines to “solidify” their strategic partnership.News of the shareholding came as the two carriers signed an agreement to expand their partnership and” better connect” Delta's global network with China Eastern, one of the leading airlines ...