Air Cargo News

World Airways ups freighter service

WORLD Airways, a subsidiary of Global Aviation Holdings, has entered into an agreement to add two leased Boeing 747-400 freighters to its fleet.

Demand continues to rise in June

INTERNATIONAL airfreight showed continued strong demand growth in June as the industry recovers from the impact of the global financial crisis.

South Africa next to target cargo cartel

SOUTH Africa’s Competition Tribunal is considering the prosecution of eight airlines for their part in a global airfreight cartel that started in 1996 and ran for 10 years.

US drops Agility subsidiary charges

AGILITY’S woes have lessen just a little with news that the US is planning on dropping the charges for fraud against one of Agility’s subsidiaries.

Aramex second quarter net profit up 10 per cent

ARAMEX has reported second-quarter, for the three months ending 30 June, net profits of AED55 million (US$14.9 million), a 10 per cent increase over the corresponding period of 2009.

BA pulls other carriers into cargo price-fixing lawsuit

BRITISH Airways (BA) has issued legal proceedings against 24 other airlines to make them equally responsible for any fines that the court gives it.

Lufthansa Cargo MD-11 crashes in Riyadh

A LUFTHANSA Cargo MD-11 freighter crashed this morning at 11.38 am (local time) in Riyadh (Saudi Arabia).

DHL looks to ride the ‘waves of volatility’

DHL Global Forwarding is expecting the recent volatility in the logistics market to continue well into 2011.

Air Cargo Germany completes first year

THERE must have been many in the air cargo industry who reckoned it would not survive the year, but 12 months after its first flight on 28 July 2009, Air Cargo Germany insists that it is developing according to plan.

Spohr lined up as new boss of LH pax

AIR Cargo News has learned that Carsten Spohr is likely to be announced as the new head of Lufthansa Passenger Airlines in September – as a major change in the executive management of the airline is revealed.

‘Predators’ poised to dominate

Middle East carriers showcase new orders and deliveries at Farnborough, but can the air cargo industry absorb this extra capacity without destroying yields?

Dreamliner debuts but delays persist

THE Boeing 787 Dreamliner made its official public debut at the Farnborough Airshow in July as the type edges nearer to entering commercial service.

Bahraini officials forced to use Gulf Air exclusively

BAHRAIN’S government has instructed all of its officials to only use the national carrier, Gulf Air, when sending air cargo and for travelling.

JAL speaks out for lighter price-fixing fine

JAPAN Airlines (JAL) has agreed to a US$12 million settlement for price-fixing cargo surcharges in and to the US.

After merger approval BA, Iberia get greenlight for alliance with AA

AMERICAN Airlines, British Airways (BA) and Iberia have finally been given all the final regulatory approvals for joint transatlantic operations. The announcement comes after final approval for the merger between BA and Iberia.

Hellman expands in Turkey

HELLMANN Worldwide Logistics has expanded its warehouse capacity in Beylikdüzü, Istanbul.

Fraport’s lifted by strengthening half-year

FRAPORT’S half-year results show a strong recovery from the first half of the disastrous 2009. At more than one million metric tons, airfreight tonnage rose 32.2 per cent.

Etihad receives first A330 freighter

ETIHAD Crystal Cargo formally took delivery of its first Airbus A330-200 freighter at the UK’s Farnborough Airshow today.

ACG orders two 737-400 PFC from AEI

AVIATION Capital Group (ACG) has ordered two 737-400SF 11-pallet configuration passenger-to-freighter conversions from Aeronautical Engineers.

Amerijet dry leases second 767 freighter

UNDER a seven-year agreement, Amerijet International will lease a second 767 medium widebody freighter from Cargo Aircraft Management (CAM), the leasing subsidiary of the Air Transport Services Group (ATSG).