July 2018

Reports link Ethiopian and DHL in joint venture

Unconfirmed reports suggest that Ethiopian Cargo, Africa’s largest cargo operator, is to sign a  joint venture with parcels and logistics…

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World’s largest jet engine hitches a lift home to Ohio

GE Aviation partnered with Volga-Dnepr Airlines to return the world’s largest jet engine to Ohio, following the GE9X’s successful on-wing…

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Defence is the best form of airfreight says dragon

Airfreight must revolutionise its supply chains and base them more on the $1.7trn global defence sector, if it is to…

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Saudia Cargo boss Hariri joins IATA cargo committee

Saudia Cargo chief executive Omar bin Talal Hariri has become a member of the IATA Cargo Committee. The committee of…

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Tigers grrrrows in Germany

Tigers has opened a new office at Frankfurt Airport  to act as a gateway for Europe by creating airfreight consolidation…

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CEVA set to refinance its debts with a $400m private offering

CEVA Logistics is set to go to the markets with a proposed $400m private offering to refinance its existing debt…

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Airfreight rates on the up in June

The month of June saw airfreight rates continue to track ahead of last year’s levels, however the summer slowdown and…

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Lufthansa Cargo confirms new B777Fs to initially expand capacity

Lufthansa Group’s decision-making bodies have approved Lufthansa Cargo’s operation of two new Boeing 777Fs ordered in May, which will initially…

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European airports see cargo growth stagnate in May

Airfreight traffic growth at European airports was flat in May as strikes took their toll on the market. The latest…

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Airbus expects freighter fleet to increase by 65% over the next 20 years

Airbus expects the world’s freighter fleet to grow by more than 50% over the next 20 years, fuelled by demand…

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Virgin Atlantic Cargo awards Australian handling contract to Menzies

Virgin Atlantic Cargo has awarded a three-year cargo handling contract to Menzies Aviation in Australia. The new agreement saw Menzies…

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SEKO adding flagship facility close to Heathrow as UK business booms

SEKO Logistics is investing in a new flagship airfreight and omni-parcel services facility close to London Heathrow airport as the…

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Inefficient supply chains cost UK businesses £1.5bn per year

Inefficient supply chains and miscommunication in air and oceanfreight are costing UK businesses £1.5bn per year, according to a new…

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ACT extends lease of B747F

ACT Airlines has extended the lease of a Boeing B747-400F aircraft from the Libra Group’s Lease Corporation International (LCI) on…

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Geodis builds on French e-commerce with e-tailer Cdiscount

Geodis and Cdiscount are expanding their logistics partnership by opening an 80,000 sq m storage facility in Moissy-Cramayel to manage…

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East Midlands Airport’s annual volumes up 9.7% to 358,000 tonnes

East Midlands Airport, the major UK express hub owned by MAG Group, saw tonnage increase by 9.7% to 358,000 tonnes…

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Nippon Cargo Airlines flights set to restart

Nippon Cargo Airlines (NCA) will begin to restart services on July 5 after it grounded all its freighters while checks…

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HNA Group co-founder Wang dies after an accident in France

Wang Jian, co-founder and chairman of Chinese conglomerate HNA Group, has died in an accident while on a business trip…

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Swissport chief executive Eric Born to step down in December 2018

Eric Born is to step down as group president and chief executive of Swissport International at the end of this…

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Air cargo demand growth slows while capacity additions continue

Air cargo capacity increases outstripped demand growth for the fourth month in a row in May, with traffic expected to…

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