Europe – Page 121
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News
Could Brussels Airport win back Ethiopian Cargo?
Brussels Airport has revealed that it is hoping to lure back Ethiopian Cargo’s freighter services after the airline was was forced to move to Dutch hub Maastricht-Aachen in November because of traffic rights.In its monthly traffic update, the Belgian airport revealed that thanks to the amendment of a bilateral agreement ...
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An Irish welcome awaits at FIATA's World Congress 2016 in Dublin, October 3-8
Dublin will play host to more than 1,000 freight forwarders later this year when the global industry association, FIATA, holds its annual World Congress at the Convention Centre Dublin, October 3-8, 2016.In addition to the social programme, the congress coincides with FIATA’S 90th Birthday. Founded in 1926, FIATA now represents ...
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TIACA creates new shipper advisory group
TIACA has created a new Shippers’ Advisory Committee to be chaired by Lars Droog of Tosoh Corporation.The new group aims to make improvements to the air cargo supply chain with the interests of the shipper in mind.“The voice of the shipper is all too often missing from the global conversation ...
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European court upholds €169m in fines against forwarder cartels
The General Court of the European Union has upheld fines totalling €169m imposed by the European Commission against freight forwarders participating in an air cargo cartel between 2002 and 2007.A number of the companies – including Kuehne + Nagel (K+N), Panalpina and CEVA – applied the General Court for the ...
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Shannon welcomes mares to Irish stud hub
Shannon Airport welcomed six thoroughbred mares in what was the first transport of horses on a scheduled freighter flight into the Irish Republic gateway, with Turkish Airlines Cargo.Patrick Edmond, managing director of the International Aviation Services Centre and Shannon Group strategy director, said that Shannon intends to capitalise on the ...
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Air France-KLM cargo boss Bram Gräber to join maritime group Boskalis
Air France-KLM cargo boss Bram Gräber is stepping down to join Netherlands-based Royal Boskalis Westminster as group director maritime services for its offshore energy division.Gräber was appointed temporary executive vice president of Air France KLM Cargo in March 2015, following the departure of chief executive Erik Varwijk.Gräber will leave Air ...
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Kuehne+Nagel expects new lithium battery regulations to push up supply chain costs
Kuehne+Nagel (K+N) is expecting the new lithium-battery regulations to add cost to air cargo supply chains, while it also provided its thoughts on the potential impact of Amazon starting its own logistics operations.Speaking shortly after announcing its results for 2015, the Switzerland-based forwarder gave its thoughts on new regulations banning ...
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Air Europa renews ULD deal with CHEP
Spanish airline Air Europa has renewed its contract with ULD service provider CHEP Aerospace Solutions.This deal will see CHEP continue to provide ULD pooling to Air Europa, while also converting 770 containers to CHEP's lightweight units.Air Europa Handling contract manager Mauro Rodriguez said: "We have built a strong relationship with ...
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Lufthansa Cargo to sell capacity on Eurowings' new long-haul operations
Lufthansa Cargo will begin to sell the belly space of sister company Eurowings’ recently launched long-haul flights.Lufthansa Cargo said it would begin selling the space on Eurowings’ flights from Cologne/Bonn to the Caribbean (Varadero, Cancun, Dominican Republic) and Thailand (Phuket, Bangkok) from March 27.Eurowings is in the process of expanding ...
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NewsK+N sees profits and airfreight demand climb in 2015
Switzerland-based freight forwarder Kuehne+Nagel managed to improve profitability last year despite revenue declines, while airfreight volumes jumped in a “stagnant” market.The company saw revenues decline by 4.4% year on year in 2015 to Sfr20.3bn, earnings before interest, tax, depreciation and amortisation increased 3.6% on the previous year to Sfr1bn and ...
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Turkish Airlines sees cargo revenues slide despite improved demand
Turkish Airlines recorded a decrease in revenues generated by its cargo division despite an increase in demand.For the full-year 2015, Turkish Airlines recorded a 3.9% year-on-year decline in cargo revenues to $935m, with both its bellyhold and freighter services contributing towards the decline.Meanwhile, its cargo and mail traffic climbed by ...
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NewsForwarder CEVA narrows losses while revenues slide
Freight forwarder CEVA saw revenues decline last year, while earnings before interest, tax, depreciation and amortisation (ebitda) increased and net losses narrowed.The European forwarder saw revenues decline by 11.5% year on year to $7bn on the back of currency effects. With exchange rate differences stripped out of the result, revenues ...
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NewsPanalpina sees airfreight demand slide on automotive and oil weakness
Lower demand in the oil and gas and automotive industries caused a decline in Panalpina’s airfreight tonnage last year, while overall revenues took a dive but net profits increased.The Switzerland-based forwarder recorded a 12.7% year-on-year decline in revenues in 2015 to Sfr5.8bn, earnings before interest and tax (ebit) crept up ...
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Boardroom reshuffle at West Atlantic
A major boardroom reshuffle has taken place at Sweden’s West Atlantic, the Gothenburg-based freighter lessor and operator.The carrier said that the decision, which saw five board members resign, came after the shelving of a project to “explore the possibility of a listing of the shares on Nasdaq Stockholm”.West Atlantic added: ...
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India and Europe the bright spots in difficult start to the year
Worldwide air cargo demand started the year slowly with only a slight increase in volumes recorded, but there was better news from Europe and India.In its monthly market analysis, WorldACD said there was “little to cheer” in January as global air cargo volumes increased by just 0.3% compared with a ...
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Visitors experience Frankfurt's pharma focus
Air Cargo Community Frankfurt has held a pharma-focused event at Europe's top airfreight hub for BVL International, the German Logistics Association in the Rhein-Main region.There were 80 participants at the ‘visit FRA pharma’ event who received an update on current trends and developments in logistics, including the transport of pharmaceutical ...
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Panalpina: No plans to participate in consolidation amongst larger forwarders
Panalpina is expecting consolidation among larger players in the freight forwarding industry to continue but has no plans to participate as it concentrates on implementing its new IT system.Speaking shortly after announcing its full-year results, Panalpina chief executive Peter Ulber ruled out the chance of Panalpina participating in “high risk” ...
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ICAO clarifies on new lithium-ion battery restrictions
ICAO has issued “additional clarifications” on new lithium-ion battery shipment restrictions as cargo on passenger aircraft, which the UN aviation agency announced last week.The 36-state ICAO Governing Council adopted a new aviation safety measure which prohibits, on an interim basis from April 2016, all shipments of Lithium-ion batteries as cargo ...
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NewsPanalpina to get new chief executive as Ulber moves up to chairman
Freight forwarder Panalpina will get a new chief executive as current incumbent Peter Ulber moves up to the role of chairman.Ulber, who is 56-years-old and took up the chief executive role in 2013, will succeed 72-year-old Rudolf Hug as chairman as he leaves the position due to age limitations in ...
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Slow start for e-AWB take-up in January
Electronic air waybill (e-AWB) penetration got off to a sluggish start in January, with a 0.8% increase on December 2015.Latest IATA statistics for January 2016 show that the use of e-AWB among its member airlines stood at 37.2%, versus a 56% target for the end of this year.Despite missing the ...