All Top Story articles – Page 61
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NewsJAT Tehnika completes second 767-300 freighter conversion
Jat Tehnika 767-300 freighter conversion. Photo Avia Prime GroupAvia Prime Group-owned MRO JAT Tehnika has completed its second Boeing 767-300 passenger to freighter conversion.The 767-300ER conversion was carried out independently by Belgrade-headquartered JAT Tehnika and follows the company’s first-ever passenger-to-cargo aircraft conversion of a 767-300 performed last year in collaboration ...
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NewsAir Canada cargo revenues drop 27% in 2023
Air Canada's full year 2023 cargo revenues declined 27% year on year due to reduced air cargo demand and a loss of capacity in the form of temporary passenger freighters (preighters).The airline said the decline of C$342m was partially offset by increased operations of purpose-built freighters in its cargo business, ...
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India's air cargo industry sets ambitious growth targets
India has set an ambitious target of reaching 10m tons of air cargo handled per year by 2030, attendees at the Air Cargo India event in Mumbai were told.“This is India’s time for growth,” said Sanjiv Edward, chief executive – cargo and logistics at the GMR Group which operates Delhi, ...
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NewsAmazon closes US airfreight facility
Photo: AmazonAmazon Air is closing its airfreight facility at Kelly Field Airport, San Antonio, Texas, in a move that is set to affect ground handler employees at Worldwide Flight Services.E-commerce giant Amazon did not state why it is closing the facility at the joint-use airport, however, it told Air Cargo ...
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NewsAir cargo market shows signs of cooling after busy start to 2024
The latest figures show that the air cargo market is beginning to cool after a brisk start to the year caused by the Red Sea crisis and pre-Lunar New Year (LNY) rush.Figures from analyst WorldACD show that in week six, tonnages out of China declined by 2% compared with the ...
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NewsAir Cargo Community Systems aiding industry goals
Amar More, chief executive, Kale Logistics Solutions. Photo: Kale Logistics Solutions/ Meantime CommunicationsAir Cargo Community Systems (ACCS) are driving profitability and sustainability and accelerating digital take up in the industry, according to one software company.The industry is seeing these benefits because ACCS are supporting stakeholders from across the supply chain ...
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Etihad Cargo reports record pharma volumes
Etihad Cargo reported record cargo volumes last year following investments in its cool chain services.The Abu Dhabi-headquartered airline saw its pharma volumes increase by 37% year on year in 2023 while fresh and perishable shipments were up 10%.The airline said that the increases had come despite challenging market conditions and ...
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NewsSmartLynx Airlines appoints new CEO
Source: SmartLynxFast-growing carrier SmartLynx Airlines has appointed Edvinas Demenius as its new chief executive.Demenius, who replaces Zygimantas Surintas, has been a board member and chief commercial officer of SmartLynx Airlines for more than seven years.Jonas Janukenas, chief executive of Avia Solutions Group, said: "I believe that SmartLynx Airlines is ready ...
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NewsAir Partner expands into Nordics with new business development manager
Kim Borgaard. Photo: Air PartnerCharter broker Air Partner is expanding to the Nordics region and has appointed Kim Borgaard as head of business development in this area.Borgaard joins Air Partner from Chapman Freeborn Airchartering where he spent 13 years as Nordic sales manager. Prior to working at Chapman Freeman, Borgaard ...
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Board changes at Freightos
Freight booking and payment platform Freightos is strengthening its board with the addition of Carl Vine, co-head of Asia Pacific equity investing at M&G Investments.William Chin, head of commodities at the Singapore Exchange, has also stepped down from the board of directors.Vine brings to Freightos' board experience in investing in ...
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NewsCargoTech hungry for growth
Air cargo technology group CargoTech is pursuing growth in its portfolio of companies with change management and large language models (LLMs) in mind.Cédric Millet, president of CargoTech, says the group is “aggressively” looking for companies that can fill gaps in its skill set.CargoTech currently includes Singapore-based online booking portal CargoAi, ...
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Bangkok handler BFS lifts its import cargo embargo
Handler Bangkok Flight Services (BFS) has cut short its embargo on import goods after it managed to clear a backlog caused by a surge in volumes.The Bangkok Suvarnabhumi Airport handler had been planning to run the embargo between midnight on Monday February 12 and the same time on Sunday February ...
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SGL: Lunar New Year break set to cool "red hot" air cargo market
Scan Global Logistics has described the current airfreight market as "red hot", but it expects the situation to cool now the Lunar New Year holiday in Asia is underway.The forwarder reports that over the last few weeks, there has been a rush in demand ahead of the 14-day Lunar New ...
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NewsSriLankan Cargo adds capacity to cargo.one
SriLankan Cargo has placed its capacity on cargo.oneSriLankan Cargo will later this year place its capacity on digital air cargo booking platform cargo.one, enabling freight forwarders to access a global network of 37 destinations in 21 countries.SriLankan Cargo is the first South Asian carrier that cargo.one has added to its ...
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NewsFlower volumes bloom for air cargo when love is in the air
Flower volumes have been blossoming over recent weeks as people all over the world invest in bouquets for their loved ones. The air cargo industry plays a vital role in helping people celebrate the time of year when love is in the air. Keep an eye on this page to ...
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European Commission green lights Korean Air takeover of Asiana
Korean Air has completed another regulatory hurdle for its drawn-out acquisition of Asiana Airlines after the European Commission (EC) this week approved the deal.To gain approval from Brussels, the two airlines agreed to sell Asiana's freighter business after the commission had initially rejected the deal over concerns about its impact ...
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Etihad Cargo boosts safety and security of electronics
Etihad Cargo is increasing its efforts to ensure the safe and secure transportation of consumer electronics with a new offering for customers from March 1.The airline has developed and launched SecureTech in response to growing global demand from its customers and partners for a product that addresses the challenges of ...
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NewsSchiphol launches upgraded Port Community System
Joost van Doesburg, head of cargo, Schiphol. Photo: Amsterdam Airport SchipholAmsterdam Airport Schiphol has launched the upgraded version of its Port Community System (PCS) after four years’ of development with its fully owned cargo information platform, Cargonaut.The PCS is a single tech platform for information and data exchange between all ...
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NewsBFS the latest handler to add an embargo due to cargo surge
Source: SIHASAKPRACHUM/Shutterstock.comHandler Bangkok Flight Services (BFS) has become the second firm this week to add an embargo on general cargo imports due to a surge in volumes.The Bangkok Suvarnabhumi Airport handler said that it would not accept import cargo between midnight on Monday February 12 and the same time on ...
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NewsWFS extends handling contract with Air China Cargo in Madrid
Air China Cargo freighter. Photo: Worldwide Flight ServicesWorldwide Flight Services (WFS) has extended its cargo and ground handling contract with Air China Cargo for another three years at Adolfo Suárez Madrid-Barajas Airport in Spain.Air China Cargo has been a longstanding customer of WFS in Madrid since commencing regular freighter operations ...