Europe – Page 118
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News
Mixed first quarter fortunes for Frankfurt
Frankfurt airport operator Fraport said it had mixed financial results in a challenging business environment in its interim report for the first quarter of 2016.With passenger traffic still growing - up 3.3% year-on-year, Fraport achieved higher revenue from airport and infrastructure charges as well as from aircraft handling, but this ...
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Transport committee backs Heathrow expansion and urges UK government to avoid further delays
The UK transport committee has backed the expansion of Heathrow airport and warned that any further delays in making a decision could result in lost growth.A Transport Select Committee today issued a report on its investigation into airport expansion in the UK.The committee backed expansion at Heathrow, following on from ...
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Berlin’s new airport nightmare refuses to go away
In the latest twist in the saga of Berlin’s new airport, prosecutors are investigating reports that an engineer working on Berlin's troubled new Brandenburg airport was poisoned for whistleblowing.According to German media, the man, aged about 50, had been threatening to lift the lid on payments paid to officials involved ...
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CEVA profits stay strong despite soft market
Logistics firm CEVA says it maintained profitability in the first quarter of 2016 despite “market headwinds” that continue to affect all industry players.Excluding currency factors, revenue dropped 5.3% from $1.7bn in first quarter 2015 to $1.6bn during the same period this year as a result of rate decreases.Earnings were up ...
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China green light for FedEx-TNT deal
FedEx Corporation and TNT Express have said that they have obtained the unconditional approval of China’s Ministry of Commerce (MOFCOM) for their merger.With one of the last remaining hurdles to the deal surmounted, the two express companies say that the offer condition with respect to competition clearances has now been ...
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Lufthansa's cargo division records first quarter ebit loss
Lufthansa’s cargo business returned to the red during the first quarter of the year as overcapacity and weak demand took their toll on the business.The Lufthansa Logistics business, which includes the cargo division, ULD specialist Jettainer and its Aerologic investment, saw first-quarter revenues drop by 21.8% year on year to ...
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Dachser revenues benefit from exchange rate gains
Logistics firm Dachser's Air and Sea Logistics business saw revenues climb by 8% last year to €1.6bn.The German company said the increase in revenues was largely thanks to exchange rate gains, with tonnage experiencing “anaemic growth”.“From this you can see that, as in Road Logistics, we will not lower our ...
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Air France KLM achieves IATA pharma certification
Air France KLM Martinair Cargo has achieved IATA pharma certification for four areas of its business and claims that customers are increasingly demanding the credential before they will engage with airlines.The Franco-Dutch airline group achieved IATA Centre of Excellence for Independent Validators Pharma (CEIV) certification in February this year.The four ...
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ACS chief hails ‘brilliant’ year for cargo
Air Charter Service’s cargo department had “a brilliant year” in 2015, said chairman Chris Leach. Announcing a 10% increase in turnover, to just over US$480 million, and a 28% increase in gross profit to US$60.2m (year ending 31 January 2016) for the group as a whole, cargo charters were buoyed ...
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ABC achieves Cargo iQ certification
AirBridgeCargo Airlines (ABC) has gained Cargo iQ, formerly Cargo 2000, certification for meeting the IATA organisation’s quality standards.Following a two-day inspection, ABC’s quality certificate is valid for two year and acknowledges the airline’s conformance to Cargo iQ’s quality requirements.The audit process reviewed ABC’s quality management programme, data analysis, customer service ...
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NewsPanalpina sees air cargo volumes jump despite tough market conditions
UPDATED: Panalpina recorded a market-beating 5% increase in airfreight volumes during the first quarter of the year as it counteracted a tough oil and gas market but pre-tax earnings declined.The Switzerland-based freight forwarder recorded first-quarter air cargo volumes of 216,000 tons compared with 205,000 tons for the same period in ...
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Swiss WorldCargo signs deal to offer new range of temperature controlled containers
Swiss WorldCargo will offer a new range of temperature controlled containers after signing a deal to offer va-Q-tec’s devices directly to its customers.va-Q-tec offers five “passive” hard shell container sizes, taking up to two pallets inside, that can offer temperature ranges from -70°C to +25°C.Swiss head of cargo Ashwin Bhat ...
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NewsKuehne + Nagel records small drop in Q1 airfreight demand
Kuehne + Nagel registered a slight decline in airfreight volumes during the first quarter of the year on the back of a slowdown in market demand.The Switzerland-based forwarder, which last year saw air cargo tonnage grow ahead of the market, reported a 0.3% year on year first-quarter demand decline to ...
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Brussels Airport sees official launch of Air Cargo Belgium
Air Cargo Belgium (ACB), the new air cargo community organisation at Brussels airport, had its official launch this week.The new organisation, whose formation was announced in December last year, groups all companies at BRUcargo, the airport’s airfreight cluster, as well as related stakeholders or official organisations.Said BRUCargo: “Traditionally, there have ...
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Pharma GDP for IJS Global GEFCO Netherlands
IJS Global GEFCO Netherlands (NL) has been awarded a Good Distribution Practice (GDP) certificate by the Dutch Ministry of Health.The internationally-recognised certificate shows that the company fulfils the requirements of the European Commission’s Guidelines on Good Distribution Practice of Medicinal Products for Human Use and of World Health Organization (WHO) ...
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Speculation grows around Amazon interest in Frankfurt-Hahn airport
Germany's up for sale Frankfurt-Hahn airport (HHN) is at the centre of industry rumours that e-tailer Amazon is considering taking a stake in the European cargo hub.A spokesperson for the airport said: "We cannot confirm that this speculation around Amazon/HHN is true."Loss-making Frankfurt-Hahn has been subject to a tender process ...
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Call for stricter drone regulations after incident near Heathrow
Experts are calling for stricter drone regulations after one of the devices is believed to have hit an aircraft approaching Heathrow airport.On Sunday afternoon the front of a British Airways Airbus-320 passenger aircraft approaching Heathrow is believed to have hit by a drone, sparking a police investigation.The incident was immediately ...
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Microchip machines on the move via Moscow
AirBridgeCargo Airlines (ABC) moved some microchip production machines from Amsterdam to Dalian in China for forwarder, DB Schenker. They travelled on two ABC Boeing 747 freighter flights via the airline's hub in Moscow.The main machine systems were packed in specially-designed containers with internal climate control; additional parts were crated with ...
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TNT signs pharma duo for Medpak service
TNT has signed up two global customers for its new cold chain packaging and shipping solution, Medpak VI°C.The Europe-based express operator did not name the customers but said that one is “a leading clinical trial company” while the other is “a global biotech company”.Medpak VI°C, which guarantees a temperature variance ...
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Dnata adds Heathrow air cargo facility for Cathay Pacific
Cargo handler dnata will open a new cargo location at London Heathrow to cater for customer Cathay Pacific.Dnata UK will move into building 521a at the airport, which will be dedicated to Cathay Pacific, when the refurbished facility opens its doors in April.The cargo handler has invested £40m in the ...