All articles by Damian Brett – Page 65
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NewsAEI sees deliveries slow and expects another fall this year
Aeronautical Engineers Inc. (AEI) saw its conversion deliveries continue to decline last year following the Covid-related boom years and is expecting another slowdown this year.The Miami-based conversion firm delivered a total of 28 converted freighters last year compared with 41 in 2022.The figure is still just up on the 27 ...
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ECS continues recent acquisition spree in Morocco
GSSA ECS has continued its recent acquisition spree with the purchase of its Morocco-based partner.The ECS Group today announced it had acquired its partner of more than two decades EFIS MAROC.EFIS MAROC offers GSSA, air cargo, road and logistics services from its headquarters in Casablanca."Their expertise includes supervising the handling ...
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NewsQuito expands flower processing area as it prepares for busy Valentine's season
Source: QuiportEcuador's Quito International Airport has expanded its specialist cargo area as it prepares for another busy Valentine's Day period.The airport said that companies specialised in cargo palletising at the airport had invested in expanding the manoeuvring area in the cargo apron and their own processing area.The expansion has added ...
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Forwarder Flexport raises $260m through Shopify
Freight forwarder Flexport has raised $260m in funding from e-commerce platform Shopify.The company, which last year had to make job cuts as it looked to reduce costs, raised the money through an uncapped convertible note.Writing on X, Flexport chief executive Ryan Petersen said the investment would further strengthen the firm's ...
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IATA and ICAO renew dangerous goods agreement for air cargo
IATA and the International Civil Aviation Organization (ICAO) have extended their cooperation for setting and implementing global standards for the safe carriage of dangerous goods by air.The agreement sees IATA work with the aviation industry to develop the applicable practical tools and operational recommendations based on technical instructions agreed on ...
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NewsProject specialist deugro scoops BIFA air cargo award
Source: BIFAProject cargo specialist deugro scooped the top spot in the Air Cargo Services category at the BIFA Freight Service Awards.The awards took place yesterday in London and were hosted by UK TV personality Suzi Perry.In total, 11 companies scooped an award, with deugro winning the air cargo category ahead ...
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Chapman Freeborn expands in Europe
Charter broker Chapman Freeborn last year rapidly expanded its European business as it looked to expand its global presence.The company said that it had grown its European sales team by 29%, adding 30 new members of staff across its cargo, group passenger, and business aviation divisions.This includes representation in new ...
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Top German cargo hubs see cargo volumes slide in 2023
Leading German cargo hubs Frankfurt and Leipzig/Halle both saw their cargo volumes fall in 2023 as the economic conditions put pressure on the market.Germany's busiest cargo airport, Frankfurt, saw cargo throughput comprising airfreight and airmail decline 3.9% year on year to 1.9m tons. Compared with pre-Covid 2019 volumes were down ...
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TIACA and ALTA sign MoU aimed at cargo development
TIACA and The Latin American and Caribbean Transport Association (ALTA) have signed a Memorandum of Understanding (MoU) to foster improvements in the regions' air cargo sector.The agreement will see the two groups work together to facilitate understanding on the contribution of aviation to economic and social development within the Latin ...
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Cargolux signs up for e-SAF to power freighters
Cargolux and Norwegian Air Shuttle have signed up for a future supply of e-sustainable aviation fuel (E-SAF) from Norsk e-Fuel.Norsk e-Fuel is starting the industrialisation of e-Fuel production in Mosjøen, Norway and will start to provide e-Fuels to the aviation industry after 2026.The total volume of the offtake agreements signed ...
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NewsOakley takes over as Chicago Rockford executive director
Zack Oakley. Source: KaleThe Greater Rockford Airport Authority (GRAA) has appointed Zack Oakley as the executive director of the Chicago Rockford International Airport (RFD).Oakley previously worked as RFD’s deputy director of operations and planning since 2017 and started in his new role on January 1.In his previous role, Oakley oversaw ...
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NewsAmerican Airlines Cargo reduces its plastic waste
Source: American Airlines CargoAmerican Airlines Cargo reduced its plastic waste by more than 150,000 lbs, the equivalent of 8.6m water bottles, in 2023 through its previously announced partnership with BioNatur Plastics.The BioNatur Plastics product replaces traditional plastic used for stretch wrap and pallet covers.It is manufactured with a 1% load ...
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NewsHellmann appoints new CCO for Germany
Source: HellmannHellmann Worldwide Logistics has appointed Bora Argac as its new chief commercial officer for Germany.He succeeds Kai Hasenpusch, who took over the position of sales director roadfreight west Europe at the beginning of this year."With around 25 years of professional experience, Bora Argac has relevant expertise in the areas ...
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EFW confirms the safety of A321F P2Fs
Conversion firm EFW has confirmed the safety of its A321 freighter conversions after Lufthansa Cargo found fine cracks in the floor structure of two of its freighters.The Dresden-based conversion company said that it had analysed the aircraft data and concluded that the damage would not lead to unsafe conditions for ...
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Red Sea-related demand yet to materialise but enquiries rise
The airfreight sector is yet to see any solid rise in demand related to the Red Sea crisis but customers are enquiring about alternatives to sea transport.While there is an expectation that vessel diversions away from the Suez Canal route and around the Cape of Good Hope due to attacks ...
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Airfreight rates expected to slide this year on 2023 levels
Airfreight rates are expected to continue to decline this year compared with 2023 levels as belly capacity continues to return to the market.Writing in his monthly Baltic Exchange column, Bruce Chan, director and senior research analyst covering global logistics and future mobility, at investment bank Stifel, said that international passenger ...
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NewsCherry on the cake for LATAM Cargo
Source: LATAM CargoLATAM Cargo saw its cherry volumes increase by more than 30% for the cherry peak season as it added dedicated flights to cater for the demand for the fruit.In total, the carrier saw its cherry volumes out of Chile increase 32% year on year to 7,546 tons in ...
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NewsRöhlig Logistics creates new China structure and appoints Passek
Source: Röhlig LogisticsRöhlig Logistics has created a new regional structure for its China business, resulting in several new appointments.The new structure has seen the logistics firm divide up its China business into four regions; North China, East China, South China and Hong Kong, and West China.Christoph Passek has been appointed ...
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EFW expects quick return for Lufthansa Cargo A321Fs
Conversion firm EFW is expecting work to repair two of Lufthansa Cargo's Airbus A321 freighters to take only a few days.The cargo carrier last week took its four A321Fs out of action as a precaution after a single fine crack was located on the rear fuselage structure of one of ...
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NewsCargolux diversifies into aerial firefighting
Source: CargoluxCargolux has launched a new aerial firefighting business unit in response to extreme weather patterns.The freighter operator's Aquarius Aerial Firefighting (Aquarius AFF) will operate a fleet of 12 Air Tractor AT-802F Fire Boss aircraft, which will be acquired over a three-year period.The first three of the aircraft have already ...