All Top Story articles – Page 142
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NewsLödige Industries joins Cargo iQ
Lothar Moehle. Photo: Cargo iQAirfreight quality standards group Cargo iQ has welcomed air cargo terminal systems provider Lödige Industries to its ranks.Germany-headquartered Lödige will, said a statement from Cargo iQ, “lend its experience as a provider of logistics systems and material handling solutions to the global airport, warehouse, and production ...
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Holland-Kaye to leave Heathrow
John Holland-Kaye has informed the Heathrow Airport board of his intention to stand down as the gateway operator’s chief executive this year.He has been at the helm for nine years.In a statement, the board said that it would like to thank Holland-Kaye for his “exceptional leadership since 2014”.It said that ...
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NewsCLIVE points to continued uncertainty in the air cargo market
Industry analyst CLIVE Data Services has said that global air cargo demand continued to fall in January, down 8% year on year, partly the result of an earlier than normal Chinese New Year and partly due to global economic headwinds.The 8% year on year fall in global airfreight demand in ...
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Korean Air feels impact of cargo demand drop
Seoul, South Korea-headquartered Korean Air is feeling the impact of the drop in global air cargo demand, as reflected in its financial results for the fourth quarter of last year.The airline has reported ‘tentative’ (i.e. non-consolidated) results that show cargo revenue fell by 29% year-on-year to KRW1.5tn ($1.2bn).Demand for freight ...
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Mexican cargo operations set to move
Mexican president Andrés Manuel López Obrador has confirmed the government has struck an agreement with some airlines to shift cargo operations from Benito Juarez International Airport (Mexico City International Airport) to Felipe Angeles International Airport (AFIA)On the president's official website, a press release on February 1 stated that Obrador has ...
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Qatar Airways and Airbus reach settlement in A350 row
Airbus and Qatar Airways have reached a settlement regarding their legal dispute over A350 surface degradation and the grounding of A350 aircraft, said the airframer in a media release on February 1.Qatar Airways issued legal proceedings against Airbus in the Technology and Construction Court of London’s High Court of Justice ...
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NewsLödige to supply automated handling system for Cainiao
Cainiao Smart Gateway. Photo: AlibabaGerman logistics systems supplier Lödige Industries is to deliver an automated air cargo handling system for the new Cainiao Smart Gateway.What will be the third-largest logistics centre in Hong Kong is scheduled to open in the third quarter of this year, and the Lödige handling system ...
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NewsACS opens Washington DC office
Joel Fenn. Photo: Air Charter ServiceGlobal charter broker Air Charter Service (ACS) has opened a new office in Washington DC, US.ACS’s ninth office in the US is expected to serve the markets of the nearby states of Virginia and Delaware as well as the capital.Chief executive in DC is Joel ...
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NewsIs the freighter market facing a bubble?
Source: Air Cargo NewsDuring a debate at the World Cargo Summit the question was raised as to whether the freighter market was becoming a bubble.Speaking to delegates during the break there were many that had this same question given the number of aircraft that had been ordered over the last ...
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NewsQatar Airways Cargo adds Malaysia capacity via a preighter
Qatar Airways Cargo will operate an A330 to Penang, Malaysia. Photo: Qatar Airways CargoQatar Airways Cargo said it will bring cargo capacity back to Penang, Malaysia from February 2 by operating an Airbus A330 passenger freighter to Penang via Qatar Airways’ passenger flights to Phuket, Thailand four times a week.This ...
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Etihad Cargo mulls B777 freighter conversions
Etihad Cargo is considering converting some of its B777 passenger aircraft into freighters.Speaking to Air Cargo News on the sidelines of the World Cargo Summit, Etihad Airways vice president cargo commercial Tim Isik explained that the carrier had five B777s that were planned to be retired but had been called ...
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NewsKenya Airways Cargo and Astral agree cargo codeshare
Astral Aviation chief executive Sanjeev Gadhia (left) and Kenya Airways cargo director Dick Murianki. Photo: Kenya Airways/ Astral AviationThe cargo division of Kenya Airways (KQ Cargo) and Astral Aviation, two of the biggest air cargo carriers in Africa, have inked a codeshare agreement.The codeshare is said to be the first ...
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NewsEl Al opts for the Opticooler for pharma shipping
Photo: DoKaSch Temperature SolutionsIsraeli flag-carrier EL AL has agreed a Master Rental Agreement with Germany-based DoKaSch Temperature Solutions for use of the latter’s battery-powered, fully air-conditioned Opticooler containers.The airline will use the active cool-chain cargo container for maintaining the temperature integrity of pharmaceutical shipments to and from Israel.EL AL will ...
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NewsEtihad Cargo: Partnerships key as industry faces overcapacity and lower predictability
Source: Air Cargo NewsRaising standards, developing new offerings and services and partnerships are key for Etihad Cargo over the coming years as the industry faces a changing market.Speaking at the first in-person World Cargo Summit, Etihad Aviation Group senior vice president sales and cargo Martin Drew said challenges faced by ...
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NewsAir Canada Cargo revamps London Heathrow facility
Air Canada Cargo London Heathrow facility. Photo: Air CanadaAir Canada Cargo has unveiled a renewed customer reception area at its London Heathrow Airport facility.The reception area is the first part of a wider project to modernise many parts of its London facility, which is Air Canada Cargo’s largest European hub.The ...
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NewsDB Schenker in it for the long-haul with cargo charter network
Source: Air Cargo NewsDB Schenker will continue its air cargo charter operation for the long-term and expects other forwarders to do the same despite recent market weakness.Speaking to more than 400 delegates at a busy World Cargo Summit, DB Schenker global head of airfreight Asok Kumar outlined Covid-related developments that ...
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AerCap signs lease agreements with Fly Meta for four B777-300ERSF aircraft
Lessor AerCap has signed lease agreements for four Boeing B777-300ERSF aircraft with Hong Kong-based global air cargo charter company, Fly Meta.The aircraft are scheduled to deliver in 2024 through 2025.AerCap has also just completed delivery of its 50th 737-800 Boeing Converted Freighter (BCF).The B777-300ERSF, also known as 'The Big Twin', ...
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NewsPML Kenya buys vacuum cooler for cool chain management at JKIA
Jomo Kenyatta International Airport. Photo: Kenya Airports AuthorityPerishables logistics specialist PML Kenya has spent $300,000 on a new vacuum cooler located at the Mitchell Cotts air cargo terminal at Jomo Kenyatta International Airport (JKIA), Nairobi.The equipment was commissioned on December 13 last year, before going into use in January.The Weber ...
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AerCap takes delivery of 50th 737-800BCF
Dublin, Ireland-headquartered aircraft lessor AerCap has completed delivery of its 50th 737-800 Boeing Converted Freighter (BCF).The passenger aircraft’s modification to freighter configuration was completed by San José, Costa Rica-based COOPESA, a provider of maintenance, repair and overhaul (MRO) services with expertise in aircraft conversions.The aircraft has now been redelivered to ...
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UPS revenues hit by market downturn
Express services giant UPS was hit by air cargo demand decline in the fourth quarter of 2022.The cargo carrier's fourth quarter consolidated revenue was $27bn, down 2.7% on the same three months of 2021.Consolidated operating profit fell by 17.9% in the final three months of 2022 compared to the same ...