All Top Story articles – Page 132
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Europa Air & Sea targets India with new office
Freight forwarder Europa Air & Sea is set to open a new office in Delhi as it continues its international expansion.The new office will be the forwarder's first move into the Indian subcontinent and is part of efforts to "grow its geographical footprint, bringing services closer to customers, and supporting ...
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NewsIAG Cargo hopes to benefit from expanded Americas capacity
Photo: IAG CargoIAG Cargo will expand its Americas capacity by utilising the belly capacity of new British Airways (BA) passenger flights to Aruba and Guyana.The cargo division of International Airlines Group (IAG) will offer capacity on new passenger routes to Aruba (Oranjestad) via Antigua from March 26, and Guyana (Georgetown) ...
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Bluebird adds another freighter to the flock
Icelandic cargo airline Bluebird Nordic has taken delivery of its fifth B737-800 converted freighter as it continues to expand its fleet.The carrier said that the addition of the new converted aircraft would help strengthen its position in the cargo market.“We are thrilled to further strengthen our fleet with the addition ...
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Investor group completes Atlas Air acquisition
An investor group led by Apollo Global Management has completed the acquisition of freighter operator Atlas Air Worldwide Holdings.The deal was first announced in August last year with an equity value of around £3bn, although FlightGlobal reports the final deal had a value of around $2.9bn. The completion of the ...
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NewsLATAM Cargo's latest freighter to add European capacity
Source: LATAM CargoLATAM Cargo has taken delivery of its 17th freighter as it looks to expand its European capacity.The 11-year-old B767 freighter was converted in Singapore and is part of an expansion plan that will see the airline operate 20 B767Fs by 2024, almost doubling its pre-pandemic offering.The cargo carrier ...
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NewsLufthansa selects Swissport for cargo handling in Nairobi
Source: SwissportLufthansa has selected Swissport to provide cargo handling and warehousing services at Nairobi’s Jomo Kenyatta Airport.The handler has been providing Lufthansa with ramp handling and check-in and gate services at the airport for the past 11 years but has now added cargo to the portfolio.“We are pleased to extend ...
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FedEx raises expectation as cost cutting continues
FedEx saw fiscal third-quarter revenues and profits fall on last year but the company beat expectations and has raised its outlook as its cost-cutting measures continue.For the quarter ending February 28, the parcels giant reported a 5.9% year-on-year revenue decrease to $22.bn, operating income was down 24.5% to $1bn and ...
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Tokyo Narita Airport set for air cargo logistics facilities development
Tokyo Narita International Airport is set for major investment with a new project to develop air cargo logistics facilities.Commercial property company Goodman Group will partner with Tako Town, in close collaboration with Narita International Airport Corporation (NAA) and Chiba Prefecture, to carry out the project on a 70-hectare site.The site ...
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Cathay's February cargo tonnage up as capacity is added
Cathay Pacific saw increased cargo tonnage in February due to a recovery in capacity with more expected in the coming weeks.The airline carried 103,932 tonnes of cargo last month, an increase of 59.6% compared with February 2022, when capacity was hindered by crew quarantine restrictions.February's cargo revenue tonne kilometres (RFTKs) ...
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Bluebird Nordic targets Slovakian AOC
Bluebird Nordic is planning to obtain an Air Operator Certificate (AOC) in Slovakia as it looks to expand operations in Europe.The Icelandic ACMI leasing and cargo airline said that the additional AOC was a "strategic move" that would allow it to enter "new and prominent markets".Bluebird Nordic chief executive Audrone ...
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Lufthansa Cargo outlines future plans for freighter orders
Lufthansa Cargo is weighing up further orders of short- and mid-haul-sized freighters but there are no further plans for orders of widebody all-cargo aircraft.The Frankfurt-hubbed airline has ordered a series of freighters over the last couple of years as it looks to modernise its freighter fleet, expand capacity, replace the ...
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GlobalX gears up Canada operations
Global Crossing Airlines Group (GlobalX) is strengthening its operations to Canada.The carrier has amended its Foreign Air Operators Certificate (FAOC) issued by Transport Canada.The Amended Canadian FAOC adds the number of, and type of, aircraft GlobalX can provide as part of its charter and ACMI offering into Canada from the ...
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NewsAvianca Cargo selects ATC for Germany and Switzerland
Source: ATCAvianca Cargo has appointed ATC Aviation Services to act as its General Sales, and Service Agent (GSSA) in Germany and Switzerland.The deal starts on March 1 and will "strengthen Avianca Cargo’s presence in the region and enhance its cargo sales and services", according to ATC.The deal also represents a ...
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NewsWomen in Aviation and Logistics launches second mentorship programme
Women in Aviation and Logistics participants at the launch of the second mentorshipWomen in Aviation and Logistics (WAL) has launched its second mentorship programme to support the career aspirations of women professionals and reduce the gender gap in aviation and logistics.The initiative, which brings together 27 mentor-mentee pairs, includes eight ...
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Drone Delivery Canada gets grant for clean energy transport
Drone Delivery Canada (DDC) has been awarded a grant of up to C$75,000 from the Downsview Aerospace Innovation and Research (DAIR) Green Fund for its clean energy drone delivery solution.Funded by the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), the DAIR Green Fund provides financial support for collaborative ...
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DP DHL outlines criteria for any DB Schenker bid
Shortly after Deutsche Post (DP) DHL announced another set of record full-year results, the parcel and logistics giant's outgoing chief executive, Frank Appel, was asked about a report in German business title Manager Magazin that suggested the company could be preparing a bid for DB Schenker.The article said that DP ...
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DP World to launch air cargo logistics hub in Dominican Republic
Dubai-based maritime giant DP World is delving further into end-to-end supply chain operations with plans to develop a new air cargo logistics hub in Punta Cana, Dominican Republic.The new facility is being created through an agreement between DP World and the Punta Cana Free Trade Zone (PCFTZ), a company of ...
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NewsDachser expands in Australasia with ACA purchase
Source: DachserDachser has expanded in Australia and New Zealand with the acquisition of freight forwarder ACA International.ACA is headquartered in Melbourne and the purchase adds six additional locations to Dachser's Air & Sea Logistics (ASL) network."This acquisition means Dachser’s own air and sea freight network now also covers Australia and ...
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Atlas Air expects takeover to complete in days
The takeover of freighter operator Atlas Air Worldwide Holdings is expected to complete in the coming days after the company gained the necessary approvals.In a stock exchange filing, the New York-headquartered firm said that as of March 14 "all regulatory conditions to closing set forth in the merger agreement were ...
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NewsACS clocks up over 40 earthquake relief charter flights
B747Fs chartered by ACS to transport humanitarian cargo to Adana and Damascus. Photo: ACSAir Charter Service’s (ACS) passenger and cargo teams have arranged more than 40 humanitarian aid charter flights to Turkey and Syria since the devastating earthquakes in Turkey on February 6.The broker said its teams have been continuously ...