Region – Page 252
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News
TransDigm completes Telair acquisition
Aerospace components firm TransDigm Group has completed the acquisition of the Telair Cargo Group of businesses, owners of the Nordisk airfreight container manufacturing company.The $725m purchase from AAR Corp was financed by TransDigm through a combination of existing cash in hand and via an existing $75m revolving credit ...
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Second half surge boosts Cathay Cargo in 2014
Cargo's stronger second half in 2014 helped Cathay Pacific Group report a 20.2 per cent surge in attributable profit to HK$3.1bn for the full year.Group turnover in passenger and freight increased by 5.5 per cent to HK$106bn. Cargo revenues increased by 7.3 per cent to HK$25.4bn compared with 2013.Cathay, which ...
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Indian Airports has plans for domestic cargo network
Airports Authority of India (AAI) plans to enter the domestic cargo market by using redundant passenger terminals at regional airports.It says that, with the opening-up of the Indian economy, there has been “tremendous growth” in air cargo at airports throughout the country and that there is scope for considerable further ...
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Copenhagen tops for FedEx
FedEx is expanding its presence in Europe with a new gateway facility at Denmark's Copenhagen Airport that has undergone its 'roof-topping' and completion of the external structure.The 8,000 sq m sortation hub will process 11,500 packages per day, incorporating areas for dangerous goods and cold storage when it opens at ...
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Growth is in the air for Thermotraffic
Temperature-controlled logistics specialist Thermotraffic is to open a branch office at Frankfurt Airport’s Perishable Center in April.The on-airport location, says Thermotraffic, will guarantee rapid handling of all temperature-controlled cargo with cross docking between flights and ground transportation. An on-site IATA agent will support the operation.Thermotraffic says that more and more ...
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Six pack bellyhold for Delta and Virgin
Delta Air Lines and Virgin Atlantic Airways are expanding their trans-Atlantic partnership with six new daily passenger services. The two airlines begin their summer schedule this weekend and will offer up to 39 return trans-Atlantic flights a day between the UK and 15 destinations across North America.The joint schedule now ...
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Hefty jump in Asian air cargo demand
Latest monthly data from the Association of Asia Pacific Airlines (AAPA) shows that international freight tonne km (FTK) surged 20.5 per cent last month, outpacing a 12.6 per cent increase in offered freight capacity.AAPA said that the result – based on preliminary data - was a 4.2 percentage points increase ...
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TNT opens healthcare hub in Europe
TNT has opened a healthcare hub in the Netherlands that allows next day deliveries of medical devices to 96 per cent of Europe’s 16,000 hospitals.The 2,000 sq m transport hub in Heerlen is located near the European distribution centres of 80 major medical device manufacturers.In service 24 hours a day, ...
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WCS: Differing messages in ULD debate
The two leading players in outsourced ULD management brought differing messages to the World Cargo Symposium in China this week. Jettainer released details of a new lightweight pallet design while for CHEP Aerospace Solutions, the key priority is tracking and tracing missing or damaged units.CHEP estimates that 380,000 containers and ...
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Finnair starts work on new cargo terminal
The Finnair board has approved a new €80m cargo terminal for Helsinki Airport.Construction work will start this month on a 35,000 sq m site near the Finnair technical operations area, with an opening scheduled for Spring 2017.The terminal is Finnair’s second largest investment after acquisition of new A350 wide-bodied aircraft ...
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AF-KLM: Neither pushed nor disgruntled
Was he pushed? Is he protesting at the direction that the company is taking? Erik Varwijk, who resigned as executive vice president of Air France-KLM Cargo with effect from March 1, insists that neither is the case.“It was a personal decision,” he says. “I decided that at the age of ...
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Airbridge International expanding its network
GSSAs can increase their business in two ways: They can add more airline clients – or they can increase the amount of business they do with existing airline customers.Airbridge International (AI) is in the happy position of being able to do the latter, says general manager, Europe, Mark Andrew – ...
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Hyderabad airport set to handle 100,000 tonnes
Hyderabad’s Rajiv Gandhi International Airport (RGIA) expects to cross the 100,000 tonnes milestone in the current financial year.The cargo facility at RGIA can handle 150,000 tonnes per annum and has a pharma zone for temperature-controlled cargo.While airfreight volumes in India have grown at a compound annual rate of seven per ...
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DHL's Ly makes a Singapore comeback
DHL Global Forwarding has appointed Stephen Ly as managing director for Singapore. The former managing director for DHL Global Forwarding Philippines is returning to Singapore after nearly four years during which he was the head of customs brokerage services, Asia Pacific and Africa.A 12-year career with the logistics giant, starting ...
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JAL's cool delivery to Paris
Japan Airlines (JAL) and Japan Post are to extend their Cool EMS Service to France from April.The two partners hope to tap into the country’s restaurant trade, as well as serve the many Japanese restaurants that have opened in Paris.Following its launch in Europe’s premier foodie market, the plan is ...
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Heathrow rediscovers the regions
Heathrow has announced a package of measures to boost links between the UK regions and to reverse “a lost decade” in which regional connections to long-haul markets have been squeezed out of the UK’s hub airport.The owners of London’s main gateway admit that, at the moment, Amsterdam Schiphol airport has ...
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WCS: Airfreight volumes, a Chinese puzzle
It is a truth universally acknowledged that if China sneezes, the rest of the world will catch a cold, writes Martin Roebuck.The airfreight world may need to keep aspirin on standby for the rest of this year, analyst Gert-Jan Jansen, head of Seabury Cargo Advisory, warned delegates at the World ...
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Hacis to extend mainland road feeder links
Hong Kong Air Cargo industry Services (Hacis) plans to open additional bases on the Chinese mainland to extend its logistical support for cargo customers of Hong Kong International Airport (HKIA).Hacis has offered road feeder services (RFS) to the mainland since 2000 via its Customs-bonded SuperLink China Direct service.“We run 10 ...
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Shippers go global
Three shipper organisations have formed a new trans-national body, the Global Shippers’ Alliance (GSA).The European Shippers’ Council (ESC), the Asian Shippers’ Association (ASA) and the American Association of Exporters and Importers (AAEI) have signed a memorandum of understanding to increase cooperation in air and sea freight and trade facilitation.The GSA ...
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Freighters to go as Thai takes a hard look at its fleet
Thai Airways is due to end full freighter operations later this month as part of a fleet reduction that will also see the axing of five A340-600 passenger planes.Consultants CH-Aviation said that the carrier planned to phase out its two remaining B747-400Fs as part of a restructuring that will see ...