All articles by Damian Brett – Page 155
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News
Ex-AA Cargo boss Butler takes CFO role at Gatwick Airport
Gatwick Airport has appointed American Airlines' ex-head of cargo Jim Butler as its new chief financial officer.Butler will take up the new role in September and will also join the board of Gatwick Airport Limited.He has more than 20 years experience in the airline industry, with several years spent in ...
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DHL to stick with an opportunistic approach to acquisitions
Deutsche Post (DP) DHL will maintain an opportunistic approach to freight forwarding acquisitions despite the spate of takeovers recently announced by some of the company's peers.Speaking after the delivery and logistics giant last week revealed its half year results, DP DHL chief executive Frank Appel was asked whether the company ...
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Cargojet continues international expansion with 21Air investment
Cargojet has invested in a minority share of US freighter operator 21Air as it looks to grow internationally.Cargojet will acquire a 25% interest in 21Air and will "continue to collaborate with 21Air on mutually beneficial opportunities in this expanding air cargo market".21Air is certified by the US Federal Aviation Administration ...
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InsightsCLIVE: Carriers tweak capacity as load factors weaken in July
Air cargo dynamic load factors hit their lowest level since the start of the Covid-pandemic in July as the industry entered the summer slack season, according to the latest figures from CLIVE Data Services.CLIVE data shows that dynamic load factors stood at 66% in July, which is down by three ...
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InsightsOngoing boost from shipping and bellyhold shortages for freighter operators
A slow recovery in belly capacity and higher rates in ocean shipping are expected to boost air cargo for the coming years, according to Boeing’s Tom Crabtree.Speaking to Air Cargo News, Crabtree, who is regional director, Boeing Commercial Airplanes market analysis — air cargo, said that air cargo demand had ...
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NewsIAI starts structural work on first B777 conversion
Source: IAIIsrael Aerospace Industries (IAI) has started structural modification work on the first B777 freighter conversion on behalf of programme partner GE Capital Aviation Services (GECAS).The aircraft maintenance firm said that the beginning of work marks the end of the development process and the start of the structural and systems ...
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Crew quarantine measures hold back Cathay Pacific Cargo in H1
Hong Kong quarantine restrictions took their toll on Cathay Pacific's first-half performance with revenues and volumes all declining compared with a year earlier.The airline saw its first-half cargo revenues decline by 0.6% on last year to HK$11.1bn, while cargo revenue tonne kms (RFTK) were down 20.1% to 3.3bn and the ...
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NewsPartners Delta and Virgin re-sign with dnata for UK cargo handling
dnata Heathrow City East Phase 2. Source: Virgin AtlanticVirgin Atlantic Cargo and Delta Cargo have extended their cargo handling contract with dnata at seven UK hubs for another five years.The extended contract covers ground handing and export services from the airlines' joint London Heathrow hub and Manchester Airport as well ...
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NewsMIC Cargo adds new facility in Chicago to combat congestion
Edip Pektas, MIC Cargo, and Des Plaines Mayor Andrew Goczkowski. Source: MIC CargoMIC Cargo has opened a new air cargo import facility close to Chicago O'Hare Airport as demand to the US airport surges.The cargo handler's chief executive Edip Pektas said that it decided to open the new building ...
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Aviation Holdings III to add more B737-800 conversions
Aviation Holdings III Investments has placed an order for more freighter conversions with Aeronautical Engineers, Inc (AEI).The lessor has ordered a further three B737-800SF conversions from AEI in addition to the three announced in March.Upon completion of this order, Aviation Holdings will own a total of 11 AEI B737-800SF freighters.The ...
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NewsAvianca Holdings adds new cargo head as sector's importance grows
Gabriel Olivia. Source: AviancaAvianca Holdings has appointed Gabriel Oliva as executive vice president and head of its cargo unit.Oliva, who will take up the role on August 18, has more than 20 years of experience in executive positions in a range of industries, with over 10 years of experience in ...
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News
Silk Way West interlines with Astral as it looks to Africa
Silk Way West Airlines has signed an interline agreement with Astral Aviation as it looks to offer destinations in Africa.The two freighter operators will use Dubai World Central as a transit point for cargo being transferred between the two airlines.Astral will connect Dubai to Nairobi where cargo can then be ...
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Titan Airways' new Malta business to add freighters
Titan Airways has set up a new Maltese airline that will operate A321 freighters as it looks to establish a presence in the European Union.The new Maltese AOC will begin operations utilising an A321-200 passenger aircraft but two A321P2Fs will join the fleet this the summer.Another two EFW A321 conversions ...
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Cargo-partner expands in Australia with ACF move
Cargo-partner has continued its expansion with the purchase of Australia-based forwarder Associated Customs & Forwarding (ACF).ACF is an IATA-accredited service provider for air and sea freight, customs brokerage and contract logistics.The company operates 3,000 sq m of warehouse space in Sydney, including a bonded warehouse with in-house customs clearance as ...
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News
ATSG to add first A330s as demand for mid-sized freighters soars
ATSG has secured conversion slots for A330 freighters as it continues to expand its mid-sized freighter options.While announcing its second-quarter results, the lessor said that it had secured 20 conversion slots for A330 freighters.Until now, the company has operated with a fleet of Boeing freighters. However, the company recently announced ...
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New ICAO SecGen urges states to lift flight restriction for air cargo
Air cargo will play an increasingly important role in the world's recovery from the Covid-19 pandemic and member states should temporarily lift restrictions for air cargo operators, according to Juan Carlos Salazar who took up the role of ICAO secretary general earlier this week.In a webinar on the future of ...
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Lufthansa Cargo optimistic for the future after positive Q2
Lufthansa's cargo business recorded improvements in revenues, profits and volumes in the second quarter as it benefited from higher rates.The airline group's logistics segment, which includes Lufthansa Cargo, time:matters, Jettainer and an equity investment in AeroLogic, saw second-quarter revenues increase by 13% on last year to €766m, while earnings before ...
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Preighters unlikely to offset rising air cargo demand
The use of passenger aircraft in an all-cargo configuration is unlikely to offset rising air cargo demand for the peak season.Writing in the Baltic Exchange monthly market summary, Bruce Chan, vice president of global logistics at investment bank Stifel said that issues in ocean shipping, high ocean prices and ongoing ...
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NewsDB Schenker aims to help start-ups through new business unit
Patric Hoffmann. Source/Credit: DB SchenkerDB Schenker has launched a new division that aims to drive innovation in the sector through partnerships with entrepreneurs and startups.Schenker Ventures will support founders and start-ups with capital, industry expertise, and assets and also partner with venture builder MVP Factory to develop a "venture studio".DB ...
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ACI World launches guide to developing cargo at airports
Airports Council International (ACI) has published a guide on how airports can use cargo to develop an alternative revenue stream.ACI said the Developing Cargo at Airports guide, which was produced in collaboration with Netherlands Airport Consultants (NACO) and InterVISTAS, said that as airports come out of the pandemic and look ...