All Uncategorized articles – Page 9
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News
AirAsia prioritises cargo business
ASIA’S largest low-cost carrier, AirAsia, is aggressively developing its cargo business. The airline has made airfreight a major area of development in 2010 and expects its cargo revenue to grow by more than 40 per cent from last year.Sathis Manoharen, AirAsia regional head for cargo, said, “We’ve been signing up ...
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Atlas Air wins 747-8F funding
ATLAS Air Worldwide Holdings (AAWW) has secured the finances to buy the final nine of 12 747-8 freighters scheduled for delivery between early 2011 and 2013.“We are very pleased to secure the financing for the remainder of our 747-8 deliveries," said Jason Grant, AAWW’s senior vice-president and chief financial officer.“Although ...
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China Southern joins SkyTeam Cargo
WHEN China Southern Airlines joins SkyTeam Cargo in November it will become the first Chinese airline to join an international cargo alliance.Luo Laijun, senior vice-president cargo, China Southern Airlines, said: “This move into SkyTeam Cargo exemplifies the vitality of China’s air cargo industry, following its passenger transportation business and marks ...
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Atlas Air promotes Jason Grant
ATLAS Air Worldwide Holdings has promoted Jason Grant (right) to senior vice-president, network planning and business development. Grant was previously the vice-president of continuous improvement.Grant, who will report to William Flynn, president and chief executive officer of Atlas, will work on identifying and implementing initiatives to drive earnings through network ...
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DHL donates Wilmington air park
DHL Express has donated Ohio’s Wilmington Air Park to the local Clinton County Port Authority. The airport and its 1,500 acres of land have been valued at $62.2 million.When DHL moved out of the park the town lost 8,000 jobs and the authority is hoping to draw new employers to ...
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AirAsia X and Unitpool contract
AIRAsia X has signed a five-year extension of agreement with Swiss asset management company, Unitpool to support the airline’s cargo growth plans.With the extension of this agreement, Unitpool will provide ULDs for AirAsia X, until 2014.The agreement is expected to help AirAsia X meet its projected target of MYR 50 ...
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Atlas Air confounds critics of ACMI model
CRITICS of the ACMI model have often predicted that the global recession would have a devastating affect on the sector, as airlines pull out of contracts and retrench freighter operations that are currently, almost universally, unprofitable.However, Atlas Air seems to have confounded its critics by posting impressive Q3 results and ...
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Chapman Freeborn returns to Italy
CHAPMAN Freeborn Airchartering is to reopen its operations in Italy with an office in Turin.Pierre Van Der Stichele, who will be president of the division, told Air Cargo News: “We are excited about the opportunities that this new office presents, and I’m confident that we have assembled the perfect team ...
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All change at Chapman Freeborn
CHAPMAN Freeborn has undergone a major change in ownership, with founder and chairman Chris Chapman and Carol Norman relinquishing majority ownership of the company Freeborn to a new management backed vehicle headed by Russi Batliwala, Shahe Ouzounian and Peter Joarder.It is believed that both Chapman and Norman will retain a ...
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Expeditors move to Frankfurt
EXPEDITORS International, held the foundation-stone ceremony on 26 March for its new German headquarters to be built at the Mönchhof logistics park near Frankfurt Airport.The construction site is located on Tiber Strasse within Fraport’s new 110-hectare Mönchhof development area – the single largest remaining commercial development site in the entire ...
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DSV strengthens presence in Latin America
DSV Air & Sea and Inversiones Los Inkas have established a joint venture in Latin America. It will started on 1 April and will operate under the name DSV-GL.Inversiones Los Inkas is the parent company of Goldenlogistics, which is already the current partner of DSV.The venture will operate out of ...
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DSV cuts jobs
DSV is to cut staffing levels by 12 to 15 per cent. Around 3,500 of the 25,000 jobs will be axed as part of the integration of ABX Logistics, which DSV bought in October last year.While DSV admits that there were going to be some job losses following the takeover, ...
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Tigers cubs off to the circus
AIRBridgeCargo Airlines, has safely delivered two white tiger cubs on its scheduled flight from Frankfurt to join the Brothers’ Zapashny circus in Moscow.The five-month old cubs arrived in Russia onboard one of AirBridgeCargo Boeing 747 freighters.The circus is one of the most popular entertainment shows in Moscow and is highly ...
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Clark heads Chapman Freeborns new African office
CHAPMAN Freeborn Airchartering has opened a new office in Uganda. The new office will be headed by Iain Clark (right), who will be responsible for the development of cargo and passenger business in his role as regional manager of Africa.Carol Norman, managing director of the Chapman Freeborn Group, said: “We ...
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MoU to aid humanitarian logistics signed
INTERNATIONAL Medical Corps (IMC) and Agility, a global logistics leader, signed a memorandum of understanding (MoU) that outlines plans to enhance the efficiency and effectiveness of humanitarian relief.The agreement details plans for Agility supply chain management experts to support International Medical Corps’ operations in the field. During emergencies, Agility will ...
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Singapore Airlines cuts more than 200 flights
SINGAPORE Airlines (SIA) is cutting its flights to Australia, China, Europe and India by more than 200 due to plunging demand.SIA has said that 214 flights in all would be cut between now and March. The carrier has already reported freight capacity declined by nine per cent in December 2008, ...
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Singapore Airlines withdraws Indian flights
SINGAPORE Airlines (SQ) is to cut flights from India from the 26 January. Daily flights from Delhi on Thursdays and Mumbai on Tuesdays and Thursdays, will be withdrawn, according to sources, because of low load factors.Sundeep Kapadia, director of Kapadia Travels said: “We got to know about SQ pulling out ...
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Singapore Airlines denies cartel charges
AUSTRALIA’S Competition and Consumer Commission (ACCC) has turned its sights on Singapore Airlines Cargo (SIA Cargo) for its part in the fuel surcharge cartel. The ACCC has already prosecuted British Airways and Qantas for A$25 million ($17.1 million).However, where Qantas cooperated with the investigation, SA is challenging the allegations.“SIA Cargo ...
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DSV joins LH Cargos elite clan
Logistics provider DSV is set to be admitted into the Global Partnership Programme of Lufthansa Cargo. Peter Larsen, vice-president DSV Air & Sea Holding and Dr Andreas Otto, Lufthansa Cargo board member for product and sales, signed the membership agreement in Brøndby in Denmark.“We are pleased to be able to ...
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All change at DWC
DUBAI World Central, has restructured its free zone to enhance the project’s operation as the new airport draws close to commencing its cargo operations.Dubai Logistics City and DWC Aviation City have been brought together within one free zone unit, creating a powerful logistics and aviation component to support the world’s ...