All Top Story articles – Page 9
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NewsATSG to be acquired for $3.1bn
Photo: Number1411/ ShutterstockInvestment firm Stonepeak is set to acquire US freighter lessor and operator Air Transport Services Group (ATSG) for $3.1bn.The two businesses have entered into a definitive agreement, which has been unanimously approved by ATSG’s board of directors.Upon completion of the transaction, ATSG's shares will no longer trade on ...
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NewsSpeedX acquires Accelerated Global Solutions
Chris Zheng. Photo: SpeedXTech-enabled last mile delivery platform SpeedX has delved into airfreight with the acquisition of freight forwarder Accelerated Global Solutions (AGS).AGS brings a range of services to SpeedX, including international air and ocean freight forwarding, warehousing solutions and licensed customs brokerage.With over 300 employees, AGS serves the fast ...
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NewsNew Saltchuk Aviation president and CEO
Betsy Seaton and Mike Thompson. Photo: Saltchuk AviationSaltchuk Aviation president and chief executive Betsy Seaton will retire at the end of the year and former chief operating officer Mike Thompson has now taken on the top role.Thompson, who joined the Seattle-based family of air cargo and aviation services companies as ...
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NewsAir Canada reports 18% cargo revenue growth in Q3
Photo: Air CanadaAir Canada saw 18% year on year cargo revenue growth in the third quarter of 2024, primarily due to thriving belly cargo in the Pacific market.Revenues reached C$253m during the quarter ended September 30, up from C$215m during the third quarter of 2023, said the Montreal-headquartered airline.In its ...
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NewsGlobal K9 acquires Dog Detectives
From left to right: Major Ali Aljeeran, head of Bahrain customs K9 unit; Andrew Jones, director; and major Hamad Alnaham, head of search and investigation section. Photo: Dog DetectivesUS air cargo screening business Global K9 Protection Group (GK9PG) has acquired UK-based canine screening provider, Dog Detectives.The acquisition represents GK9PG’s first ...
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NewsNAV AERO partners with Saudia Cargo
Photo: Saudia CargoGlobal General Sales and Services (GSSA) network, NAV AERO has announced a partnership with Saudia Cargo.NAV AERO said the collaboration is expected to offer customers "improved efficiency, capacity, and connectivity in air cargo logistics".With three strategic hubs in Saudi Arabia, Saudia Cargo utilises Saudia Airlines’ passenger flights and ...
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NewsSun Country updates delivery timeline for Amazon Air's 737-800Fs
Amazon Air B737-800FUS carrier Sun Country Airlines is sticking with a previously announced plan to next year take delivery of eight additional Boeing 737-800 freighters to fly on behalf of Amazon Air, but has pushed back the expected completion of deliveries.The deal for eight more 737-800Fs between the two airlines ...
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NewsAA Cargo roars into action on tiger mission
Source: American Airlines CargoAmerican Airlines Cargo has helped transport a Bengal tiger to a sanctuary in the US following changes to her home in Argentina.The move is a result of the former Mendoza Zoo's transition into an Eco Park, which has involved gradually relocating its animal residents to sanctuaries.The 16-year-old ...
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NewsAir cargo demand up again in September but growth narrows
Source: Jaromir Chalabala/ShutterstockAir cargo demand continued to increase at a high level in September, although year-on-year improvements narrowed slightly compared with the last nine months.The latest figures from IATA show that air cargo demand in cargo tonne km terms increased by 9.4% year on year in September. Capacity was up ...
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NewsIAG Cargo positive as winter schedule adds Africa, Middle East and Americas flights
Photo: IAG CargoIAG Cargo will be able to offer additional capacity to the Middle East, Africa, US and Latin America from the end of this month as its partner airlines add new flights for the winter season.The new schedule will see IAG Cargo deliver a 5% increase in weekly rotations ...
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NewsXeneta: Market maturity harnesses air cargo rates
Photo: Travel mania/ ShutterstockThe air cargo market has matured enough to enable airlines and forwarders to keep rates reasonable against a backdrop of strong demand exacerbated by supply disruptions.While a thriving air cargo market usually results in shippers facing rocketing spot rates during the fourth quarter peak, this year lessons ...
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NewsSF Airlines begins Hubei-Hong Kong route
Photo: Jaromir Chalabala/ ShutterstockChinese cargo operator SF Airlines has launched a new route between Hubei province in central China and Hong Kong.The inaugural flight on the route departed from Ezhou Huahu International Airport on October 30 using a Boeing 737-400 freighter, according to Xinhua, China’s state press agency.Three round-trip flights ...
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NewsLATAM and Delta expand partnership on pharma transport
Source: LATAM CargoLATAM Cargo and Delta Cargo are ramping up their partnership on pharma transport with the addition of new stations to the network.The two companies are working together to integrate their pharma networks as part of a wider joining venture between the carriers and have recently added more pharma ...
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NewsVanderlande acquires Siemens Logistics
Photo: Jaromir Chalabala/ ShutterstockDutch logistics equipment company Vanderlande has signed an agreement to acquire Siemens Logistics from German technology company Siemens.Vanderlande's acquisition of Siemens Logistics, which provides baggage and cargo handling as well as digital solutions for the airport operation of the future, is anticipated to strengthen its position within ...
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NewsRaya launches Penang-Hong Kong charter for DHL
Photo: Raya AirwaysMalaysian cargo airline Raya Airways has launched a new charter route between Penang, Malaysia and Hong Kong that will operate five times a week for DHL.The inaugural flight took place on October 28 from Penang International Airport in Malaysia.The route enhances DHL's aviation network in Asia Pacific, and ...
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NewsOne Air to add two 777Fs
Credit: tratong/ ShutterstockBritish cargo airline One Air plans to add two Boeing 777 freighters to its fleet as it seeks further growth in 2025.The 747-400 freighter operator recently added a third 747-400F with nose-loading capabilities and said it aimed to add a fourth aircraft next year, but did not specify ...
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NewsAir Charter Service sees China demand take off
Wanny Wu and James Royds-Jones. Source: Air Charter ServiceAir Charter Service's (ACS) China offices have had a bumper year in terms of charter numbers and revenues as the company benefits from a recent re-organisation and general market growth.ACS said that its Greater China offices had a "remarkable" first nine months ...
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NewsSingh heads up cargo at Riyadh Air
Image: ShutterstockPravin Singh has been appointed global head of cargo for new Saudi Arabian airline, Riyadh Air.Singh was appointed in September and began his new role this month, according to a post on his LinkedIn profile."Pleased to share that I have now completed my first week in the office as ...
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NewsEgyptair Cargo selects Unilode for ULD management
Credit: InsectWorld/Shutterstock.comEgyptair Cargo has signed up Unilode to provide ULD management, repair and digital services.The long-term deal covers the carrier's ULD requirements for its freighter aircraft and the cargo-carrying capacity of its sister passenger airline.Unilode will supply digitalised PMC and PAG pallets from its global pool to Egyptair Cargo, and ...
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NewsSharon becomes chief executive of Challenge Airlines IL
Udi Sharon, chief executive, Challenge Airlines IL. Photo: Challenge GroupChallenge Group has appointed Udi Sharon as the chief executive of Challenge Airlines IL.In his new role, Sharon will lead all company activities in Israel. He will also join the senior executive management team of Challenge Group.Sharon brings experience in business ...