All Top Story articles – Page 129
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InsightsLufthansa holds hope for a “good year”
Lufthansa Cargo is optimistic about its business prospects for this year with fleet and digitalisation investments continuing to shore up its growth goals.“Lufthansa is back” declared chief executive Carsten Spohr as the German airline announced record group operating profits of €1.5bn for 2022, the biggest financial turnaround in the carrier’s ...
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Sponsored ContentSponsored: AFKLMP Cargo – ‘Keeping you and your pharma cool’
Air France KLM Martinair Cargo (AFKLMP Cargo) is a leading provider of air cargo services to the pharmaceutical industry, recognizing the unique and complex challenges faced by this industry.We are committed to providing reliable solutions that support the timely and efficient delivery of life-saving drugs to patients worldwide.Maintaining the integrity ...
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NewsTexel Air freighter begins operations in New Zealand for Parceline Express
Photo: Texel AirTexel Air Bahrain has deployed a Boeing B737-300 freighter to Auckland, New Zealand to operate charter services for Parceline Express, a subsidiary of Freightways and New Zealand Post.The freighter arrived in Auckland on Friday March 31 and will fly on a Auckland - Christchurch - Auckland route.Texel Air ...
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PT Rusky Aero Indonesia signs AerCap lease for 737-800BCFs ahead of launch
Lessor AerCap has signed lease agreements for two 737-800 Boeing Converted Freighters (BCF) with new cargo airline, PT Rusky Aero Indonesia, operating as Raindo United Services.The first passenger-to-freighter conversion will be completed by Boeing Shanghai Aviation Services Co. Ltd. (BSAS), and the second by Taikoo (Shandong) Aircraft Engineering Co. Ltd. ...
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China Southern Airlines to spin off logistics business
China Southern Airlines plans to spin off and list its logistics subsidiary on the Shanghai Stock Exchange (SSE).The airline’s plan for China Southern Air Logistics was confirmed in an announcement on the SSE website on March 29.In the announcement, China Southern Airlines said the “spin-off still needs to meet a ...
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AirBridgeCargo set to return later this year
Reports from Russia suggest that freighter operator AirBridgeCargo could re-launch services after a year of inactivity.Russian publication RBC reports that the Volga-Dnepr group carrier is aiming to restart operations after acquiring two Russian-made Il-96-400T freighters.Photos of one of the aircraft with an AirBridgeCargo livery has been posted on the Telegram ...
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UK's logistics sector positive on Trans-Pacific Partnership trade deal
The UK's freight and logistics sector has welcomed news that the UK has joined the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade deal although they say it won't be a "game changer".The CPTPP covers 500m people across Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore ...
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Cainiao set for an IPO?
Just days after e-commerce giant Alibaba announced plans to split its business up, reports are circulating that its logistics unit could be set for an initial public offering (IPO).Bloomberg yesterday reported that Alibaba's logistics arm, Cainiao, is holding talks with banks over a potential IPO in Hong Kong.Quoting people familiar ...
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Cathay Cargo remains positive in its outlook despite mixed signals
Cathay Cargo has reported a "slow climb" in demand following the Lunar New Year but is hopeful of a pickup in the second and third quarters despite conflicting signals.Cathay Pacific vice president cargo Americas Fred Ruggiero said that the year started quietly after a slow return to work on the ...
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Wickler to step down as Cargolux chairman
Christianne Wickler will step down from her position as chairman of the board of Cargolux Airlines in April.Wickler will leave the role after two years at the airline's annual general meeting on April 26.Cargolux said that her decision to vacate the position would allow her to devote more of her ...
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NewsLufthansa Cargo's Ashwin Bhat to be new chief executive
Ashwin Bhat. Photo: Lufthansa CargoLufthansa Cargo has selected chief commercial officer Ashwin Bhat to be its new chief executive.He is due to take up the chief executive position on April 15, and in his new role he will will continue to be responsible for product and sales.This follows current chief ...
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NewsAir Canada adds Liege freighter flights
Source: Liege AirportAir Canada Cargo has completed its first flight to Liege as part of plans to expand operations in Europe.The new Toronto-Liege flights will operate twice per week utilising one of the airline's B767 freighters. Later this year a third frequency will be added.The service also includes a stop ...
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AviaAM Leasing delivers fourth 737-800BCF to Bluebird
AviaAM Leasing has delivered another 737-800 Boeing Converted Freighter (BCF) to Icelandic ACMI leasing and cargo airline Bluebird Nordic.This is the fourth aircraft in the Passenger-to-Freighter (P2F) conversion programme for sister company and lessee Bluebird, and was originally due to be delivered in January.AviaAM said in a LinkedIn post: "AviaAM ...
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Record profits at DB Schenker help Deutsche Bahn back to black
Rail and logistics giant Deutsche Bahn (DB) was back in the black last year thanks to a record performance at its forwarding subsidiary DB Schenker.The forwarder, which DB is considering putting up for sale, last year reported earnings before interest and tax (ebit) of €1.8bn - an increase of almost ...
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NewsIncheon Airport to benefit from e-commerce boom and invest in cargo
Photo: Incheon International AirportIncheon International Airport expects to benefit from a large-scale global distribution centre (GDC) for e-commerce that is due to be built in the Incheon Airport Free Economic Zone in August.When the GDC is completed, it is expected to generate approximately 8,000 tons of cargo and about 240 ...
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Dachser adds SAF booking option for airfreight
Freight forwarder Dachser will offer a Sustainable Aviation Fuel (SAF) booking option to customers as part of its emission reduction efforts.The German company said that shipments transported using SAF generate 30% fewer greenhouse gas emissions than those transported with traditional fuels.Customers will be able to select SAF on all flights ...
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WebCargo offers access to China's air cargo export capacity
WebCargo by Freightos has partnered with three Chinese master loaders to offer global forwarders real-time access to China's air cargo export capacity.The cargo booking and payment platform's deal allows thousands of forwarders across Europe and North America to compare prices, book and pay across Sinotrans Global E-commerce Logistics ('Sinoair'), CIMC ...
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Freighter number 80 for SF Airlines
China-based express carrier SF Airlines has added freighter number 80 and expects more to be added this year.The carrier took delivery of the B767-300 Boeing Converted Freighter on March 26, which coincided with the 30th anniversary of parent company SF Express.The SF Airlines fleet now includes three B747-400ERFs, 19 B767-300BCFs, ...
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Alibaba to split off its Cainiao logistics unit
Alibaba's logistics unit, Cainiao, is one of six units that will be split off from the main company as part of the firm's biggest restructuring in its 24-year history.In stock exchange fillings, the e-commerce giant said that the company would split into six groups each to be managed by its ...
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NewsDelta Cargo's unveils largest cooler facility at JFK
Photo: Delta CargoDelta Cargo has unveiled the largest cooling facility at New York's John F. Kennedy International Airport to better support cargo that requires specialised temperature-sensitive handling.This facility will serve as the main cold chain facility for pharmaceutical and healthcare products at the airport, while also enabling perishable cargo shipping ...