All articles by Damian Brett – Page 190
-
News
EVA Air swaps some B787-10s for B777Fs and B787-9s
Taiwanese carrier EVA Air is amending its order for Boeing 787-10s, swapping some of the outstanding aircraft for B777 freighters and B787-9s.The airline said it had reached agreement with Boeing to exchange seven of the B787-10s yet to be delivered for four B787-9s and three B777Fs.EVA Air said the swap ...
-
News
Cargo Flash appoints new head of revenue management services
Software firm Cargo Flash has appointed Suresh Nair as head of revenue management services.The company said that Nair has worked in the air cargo market for 22 years in various roles covering, sales, marketing, revenue management, operations and more.In the past he has worked with airlines such as Swiss Air ...
-
News21 Air to offer capacity on A330 preighters
US-headquartered 21 Air has entered into an agreement with Aircraft Engine Lease Finance (AELF) and Maleth Aero to begin charter operations with two A330-200 preigther aircraft.The ACMI, CMI and charter provider described the deal as a sub-service partnership agreement, explaining that it would act as the marketing representative for the ...
-
News
Airfreight rates on the up in August
Air cargo rates on some of the world’s busiest routes began to pick up again in August while the outlook remains uncertain.The latest figures from Tac Index show that prices on services from Hong Kong to both North America and Europe increased in August compared with both a month earlier ...
-
News
YTO confirms Alibaba share purchase
Chinese e-commerce giant Alibaba Group Holding has upped its stake in delivery firm YTO Express.YTO yesterday confirmed that Alibaba had purchased an additional 12% of its shares for Yuan6.6bn, bringing its stake in the company to 22.5%.News that Alibaba could be looking to up its presence in YTO broke last ...
-
News
ICAO and UPU urge governments to support air cargo
The International Civil Aviation Organization (ICAO) and the Universal Postal Union (UPU) have urged governments to support the air cargo industry in order to combat the Covid-19 pandemic and aid economic recovery.The two organsiations issued a joint statement to United Nations members urging them to support postal operators, air cargo ...
-
News
The impact of weather on air cargo operations
When it comes to the impact of lightning, hail, snow, or even high winds, airfreight companies must adjust and adapt quickly. This is exactly why weather intelligence is becoming even more important to the airfreight industry.The one thing air cargo airlines have in common is their daily fight against the ...
-
News
Damco brand to be axed as part of re-organisation
Damco parent AP Moller Maersk has announced that it will integrate the forwarder into its own logistics business.The shipping giant said that as a result, the Damco brand will disappear from the market by the end of 2020.The move will see Damco's air and less than container load (LCL) offering ...
-
News
Air cargo traffic stabilises in July as capacity reductions push up utilisation
Air cargo traffic was stable in July but demand continues to be constrained by the lack of bellyhold capacity, according to the latest monthly report from IATA.Figures from the airline association show that demand in cargo tonne km terms fell by 13.5% year on year in July.IATA said this is ...
-
NewsLufthansa Cargo adds B777F number eight
Lufthansa Cargo ALFH B777F Source: Lufthansa CargoLufthansa Cargo has expanded its B777 freighter fleet with the addition of its eighth aircraft of the type.The aircraft (D-ALFH) arrived in Frankfurt yesterday morning after nine hour flight from Everett Airport in Washington State.The delivery is the first of two ordered in November ...
-
News
VIDEO: DSV Canada adds second drone delivery route
Freight forwarder DSV Canada has successfully launched its second cargo drone route with Drone Delivery Canada (DDC).The route will allow DSV to deliver various types of cargo, including healthcare related cargo, from a designated area — known as a DroneSpot — at DSV’s warehouse in Milton, Ontario to a "DropSpot" ...
-
News
Cainiao adds new Singapore and Moscow freighter flights
Alibaba logistics arm Cainiao Network has launched new freighter flights to Moscow and Singapore.The e-commerce logistics specialist said that its flights from Hangzhou to Singapore would improve delivery efficiency to the city state ahead of the Double 11 shopping festival.The chartered flights will operate four times per week, but it ...
-
News
Alibaba set to increase stake in YTO?
Chinese e-commerce logistics giant Alibaba is reportedly in talks to ramp up its shareholding in express delivery firm YTO.According to a Reuters report, Alibaba is looking to become the largest shareholder in YTO, boosting its holding from 10% with additional stake up to 30%.The news agency — quoting two unnamed ...
-
News
Spicejet operates its first all-cargo flight to Frankfurt
SpiceJet operated its first-ever long-haul cargo flight from Delhi to Frankfurt today using its wide-body Airbus A340 'preighter' aircraft.SpiceJet’s modified A340 carried 45 tonnes of cargo supplies from New Delhi to Germany. It follows delivery of the aircraft on lease from Hi Fly. Earlier in the week the airline conducted ...
-
NewsAAPA reports 'stable' air cargo demand in July
Air cargo demand was "stable" in July as manufacturing in the region has begun to pick up, according to the Association of Asia Pacific Airlines (AAPA).The latest AAPA figures show that traffic measured in freight tonne kilometre terms (FTK) was 16% down year on year during the month while the ...
-
News
Q7 Air Cargo invests in perishables specialist Airflo
Dubai-based logistics firm Q7 Air Cargo is to acquire an interest in the Dutch holding company of perishable forwarder Airflo from the Dutch Flower Group.Q7 Air Cargo and its sister company, Tiger Freight, are long term operators in the African perishable logistics industry and their participation in the Airflo businesses ...
-
NewsTexel Air welcomes the world's first B737-700 FlexCombi from Pemco
Texel Air B737-700 FlexCombiTexel Air has taken delivery of the world's first Boeing 737-700 FlexCombi from conversion firm Pemco.The aircraft has the ability to be configured in seven different ways for multiple purposes, with changes made in a 48-hour time frame.The Chisholm Enterprises-owned non-scheduled airline and MRO firm said this ...
-
NewsTianjin Air Cargo takes delivery of B737 from Spectre
Spectre B737NG freighter delivery to Tianjin Air CargoFreighter aircraft lease-finance company Spectre Cargo Solutions has delivered a B737-700BDSF to Tianjin Air Cargo.The freighter is on a long-term lease to the China-based airline from Spectre's Irish entity, NGF Overseas AircraftIt is the first Boeing freighter of the type to be delivered ...
-
NewsGTA dnata to expand operations in Canada
GTA dnata has been awarded a five-year ground handling license and will establish operations at Vancouver International Airport (YVR).The company will provide ramp, passenger and cargo warehousing services to airlines at the airport, with services to commence in the fourth quarter of 2020.The license expands on the handler's operations at ...
-
NewsDAMCO's Beirut team back online after offices damaged in Beirut blast
DAMCO’s Beirut-based team has restarted operations following this month’s devastating blast at the Port of Beirut, which badly damaged its offices.The forwarder said that it was able to get back up and running within 24 hours of the disaster by relocating all office functions to its warehouse facility in Dekwaneh, ...