All Europe Articles – Page 150
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FedEx and TNT confident that any regulatory issues can be overcome
Express parcel players FedEx and TNT Express are “confident” that any anti-trust issues around the $4.8bn acquisition of TNT by FedEx can be "addressed adequately in a timely fashion”.In January 2013, US parcels company UPS withdrew its takeover bid for TNT Express after the deal was blocked by European Commission ...
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Turkish freighter goes to Chicago
Turkish Airlines has launched weekly freighter services to Chicago to supplement its passenger flights to the US and Canada.The A330F departs Istanbul Ataturk at 06.50 on Fridays and operates via Shannon in Ireland, arriving at Chicago O’Hare at 12.50 the same day. The return flight departs Chicago at 15.05 on ...
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GSSAs, working hard to keep pace with demand
Win some, lose some is the recurring theme in the general sales and service agency (GSSA) business.As fast as agents gain carriers, they lose others — often through no fault of their own — perhaps because a carrier they represent is taken over by another or a service to the ...
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Stansted: London’s freighter airport
London and freighters do not often appear in the same sentence. Heathrow no longer has any slots to spare for all-cargo flights and the UK economy is not known as a powerhouse of manufacturing exports (though the country in fact gets as much of its GDP from manufacturing as France ...
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FedEx set to buy TNT Express for $4.8bn
US parcels and logistics giant FedEx has made a $4.8bn bid to acquire rival operator TNT Express of the Netherlands, with both sides reaching a conditional agreement on the deal.The agreement recommends an all-cash offer by FedEx for all issued and outstanding ordinary shares, including shares represented by American Depositary ...
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Air Partner joins AirCargoGroup
UK-based charter broker Air Partner has joined the AirCargoGroup (ACG) global association of airfreight wholesalers and consolidators.As a preferred vendor and associate partner, Air Partner will be able to use ACG’s neutral airfreight wholesale and handling services worldwide, as well as its block space agreements with commercial airlines for part ...
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AirBridge adds Vietnam freighter links
AirBridgeCargo Airlines (ABC) is extending its global network to Vietnam with the launch of twice-weekly freighter services from Hanoi.The flights depart Hanoi every Wednesday and Saturday, bound for ABC’s hub at Moscow’s Sheremetyevo Airport via Hong Kong. From Moscow, the flight connects to ABC destinations in Europe and the US.Robert ...
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Variant A330-300 takes off with 242 tonne weight limit
The latest variant of Airbus’ A330 – the 242 tonne take-off weight A330-300 – has achieved certification from the European airworthiness authorities (EASA) following a 100 hour flight-test.Certification from the US authorities (FAA) is also expected soon, and the smaller A330-200 model will follow the -300 by benefiting from the ...
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IAG Cargo spooked freighter market says Lufthansa Cargo boss
IAG Cargo’s decision to axe its remaining freighters has spooked the air cargo market, says Lufthansa Cargo chief executive Peter Gerber, writes Chris Lewis.The debate now going on in the industry, as to whether freighters were still necessary, “has been triggered by British Airways' [IAG Cargo] comments” in the wake ...
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Airfreight helps lift Hellmann UK
Airfreight was a star performer in Hellmann Worldwide Logistics UK’s strong end of year results, said the forwarder.Volumes had gained from specialist project business and airfreight revenue was up by 19 per cent on last year’s figures. Shipments increased by seven per cent.Managing director Andy Connor commented: “We’re looking to ...
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Legend of the skies set to fly again – with a little help from DHL
DHL Express and its AeroLogic joint venture with Lufthansa Cargo are helping to breathe new life into one of the stars of the pre-jet era.The carriers flew the nose and main landing gears (below) of a Lockheed L1649A ‘Super Star’ - restored by the German carrier’s engineering arm, Lufthansa Technik ...
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AmSafe first to meet new freight fire standard
AmSafe Bridport says it is the first and so far only manufacturer to produce cargo fire containment covers to new US Federal Aviation Authority (FAA) standards.Following a number of fires in freight on board aircraft, in July last year the FAA issued TSO-C203, a minimum standard for fully certified fire ...
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The spectre of further rate wars...
AIR CARGO operators are warning against knee-jerk rates wars amid Eurozone stagnation in the second quarter impacted by deepening global political unrest, writes Thelma Etim, deputy editor.“The main concern is that political instability, mainly between Russia and Europe/USA will escalate further and subsequently will affect the already fragile economic recovery,” ...
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Nothing sheepish about growth, says WorldACD
Asia Pacific single-handedly lifted air cargo growth in February 2015, says analyst WorldACD Market Data.While the region did well in all directions, as did intra-Asia, volumes from all other areas except Africa decreased.Asia Pacific chalked up a year-on-year improvement of 28 per cent in volume and three per cent in ...
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Hong Kong top of the league for air cargo
Hong Kong (HKG) continues to be the world’s largest air cargo hub, handling 4.4m tonnes in 2014, a six per cent increase in volumes over prior year.The preliminary annual statistics from Airports Council International (ACI) puts Memphis (MEM) in second place with 4.2m tonnes, an increase of 2.9 percent, followed ...
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Hong Kong retains crown as top cargo hub
Hong Kong remained the world's top cargo hub, as preliminary data from Airports Council International showed that global airfreight volumes rebounded 4.7 per cent in 2014 after three years of stagnating growth.World airfreight volumes ended the year with an increase of 5.6 per cent in December. On an annualised basis, ...
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Schiphol salutes Kales’ cargo contribution
This year’s Schiphol Aviation Award for Cargo has been presented to Kales Airline Services, in recognition of the GSSA's fundamental role in the development of cargo at the Netherlands airport.Kales, established in 1994, represents 95 airlines at the Amsterdam hub.The Schiphol Aviation Awards are presented every year to business partners ...
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Virgin to trial ‘try before you fly’ pets service
Virgin Atlantic Cargo is partnering Heathrow’s Animal Reception Centre (HARC) in a trial of a ‘check before you fly’ service for travelling pets.Until now, pets – and their owners – have had to endure the stress of not knowing if they meet the entry requirements of the UK Pet Travel ...
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Munich airport's record tonnages
Southern Germany’s Munich airport saw total 2014 cargo volumes increase eight per cent over prior year to a record 291,000 tons.When airmail is included, the cargo volume handled at the Bavarian hub exceeded 309,000 tons, with 85 per cent being bellyhold cargo on intercontinental flights.Michael Kerkloh, chief executive of airport ...
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TransDigm completes Telair acquisition
Aerospace components firm TransDigm Group has completed the acquisition of the Telair Cargo Group of businesses, owners of the Nordisk airfreight container manufacturing company.The $725m purchase from AAR Corp was financed by TransDigm through a combination of existing cash in hand and via an existing $75m revolving credit ...