All Europe Articles – Page 177
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News
Qatar Airways take 9.9% stake in IAG
Qatar Airways has acquired a 9.99 per cent stake in International Airlines Group (IAG), the parent of British Airways and Spain's Iberia.The Middle East carrier's share swoop is valued at around £1.1bn ($1.7bn), and builds a closer relationship with a fellow member of the oneworld airline alliance.An IAG statement said: ...
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News
Fokker 50 converted freighter ready for take off
AircraftConversions has re-delivered the first converted full Fokker50Freighter to Amapola Flyg in Sweden, with the aircraft due to enter into full cargo operations next week.A second Fokker50 will now start the freighter conversion process and is scheduled for re-delivery by the second quarter of this year.Netherlands-headquartered AircraftConversions, sole manufacturer of ...
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News
IAG issues safeguards to Dublin over Aer Lingus bid
International Consolidated Airlines Group (IAG) has issued legally binding commitments to safeguard Aer Lingus slots at Heathrow as the British Airways and Iberia parent prepares to launch a €1.4bn bid for the Irish flag carrier.IAG, itself the target of a 9.99 per cent share swoop last week by Qatar Airways, ...
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News
Vote for your Cargo Airline of the Year
Voting is now open for Air Cargo News’ 32nd annual Cargo Airline of the Year awards. You can vote for carriers to specific regions and your favourite all-cargo airline. The 2015 categories are:Best Cargo Airline to/from: Africa, Americas, Asia/Pacific, Europe & Middle East, All-Cargo Airline and the Cargo Airline of ...
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News
Fraport shoulders China Southern load
Fraport Cargo Services will take over the handling operations for China Southern Cargo at Frankfurt from February 25. The Chinese carrier is currently handled by LUG.The wholly-owned subsidiary of Fraport will be in charge of the five weekly freighters between the carrier’s home hub of Guangzhou and Frankfurt, as well ...
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News
Vote for your Cargo Airline of the Year
Voting is now open for Air Cargo News’ 32nd annual Cargo Airline of the Year awards. You can vote for carriers to specific regions and your favourite all-cargo airline. The 2015 categories are:Best Cargo Airline to/from: Africa, Americas, Asia/Pacific, Europe & Middle East, All-Cargo Airline and the Cargo Airline of ...
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News
Lufthansa Cargo's January sales droop
Lufthansa Cargo reported sales 2.3 per cent lower compared with the previous year in January. Load factor fell by 1.3 per cent, the carrier added.There were strong performances in the Americas (up 3.5 per cent) and Middle East (+4.9 per cent) but these were offset by declines in Europe (down ...
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News
TNT goes Blue Bananas with rate discount
TNT is offering a temporary 20 per cent discount off rate card as part of its ‘Blue Banana’ campaign to promote shipments to Europe’s economic hotspots.The deal is aimed at small and medium-sized enterprises and takes effect from February 9 for three months on export shipments of parcels and freight.It ...
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News
Roses are green?
A study shows that flying roses from far flung warmer countries generates less CO2 than the artificial irrigation and additional heat supply that would be required to cultivate them in Europe’s cold climate.That is the view of Lufthansa Cargo as it prepares for the Valentine’s Day rush on February 14.Lufthansa’s ...
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News
High five for Lufthansa Cargo’s latest B777F
Lufthansa Cargo has welcomed its fifth Boeing 777 freighter to Frankfurt.The freighter, with registration D-ALFE, arrived from a Boeing facility in Everett near Seattle.As part of its strategic 2020 programme, the German carrier has ordered five B777F production aircraft, with the first entering service in November 2013. Lufthansa Cargo has ...
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News
Vote for your Cargo Airline of the Year
Voting is now open for Air Cargo News’ 32nd annual Cargo Airline of the Year awards. You can vote for carriers to specific regions and your favourite all-cargo airline. The 2015 categories are:Best Cargo Airline to/from: Africa, Americas, Asia/Pacific, Europe & Middle East, All-Cargo Airline and the Cargo Airline of ...
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News
TNT chief warns of tough times ahead
TNT Express made a €137m loss in the fourth quarter of 2014 and continues to face challenging trading conditions, said chief executive Tex Gunning.The integrator, the subject of a failed takeover bid by UPS in 2013, blamed restructuring charges (€70m), goodwill impairments (€32m) and the costs of a re-launch (€22m) ...
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News
We will do better, promise TNT management
TNT Express has outlined the steps that will return the parcels and freight operator to profit.A core part of its strategy is to set up focused international Europe and domestic units, strengthening its management and accelerated investment in its transport and IT, along with improved service levels.At a capital markets ...
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News
Nordisk parent sold to TransDigm
Aerospace components firm TransDigm Group has reached agreement to buy the Telair Cargo Group of businesses, owners of the Nordisk airfreight container manufacturing company.US-based TransDigm will pay around $725m in cash for Telair, which it describes as “a global leader in on-board cargo loading and handling, restraint systems and unit ...