Europe – Page 147
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NGA to cease operations at the end of May
Main-deck cargo airline Nordic Global Airlines will cease operations at the end of the month after overcapacity in the market took its toll on the operator.NGA, which operates a fleet of four MD-11F freighters for customers, was launched in 2011 but faced continued pressure on pricing.Finnair Cargo, which owned a ...
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DHL Global Forwarding suspends transformation programme
German logistics giant Deutsche Post DHL has suspended its forwarding division’s transformation programme after admitting its roll-out was affecting business operations.Speaking shortly after announcing first-quarter results, Deutsche Post DHL chief executive Frank Appel admitted that its transformation project had been too ambitious and more attention should have been paid to ...
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WFS has a shopping list of acquisitions
Worldwide Flight Services (WFS), the world’s largest cargo handler, has a shopping list of acquisitions after being acquired by a new owner, Platinum Equity, at the end of last month.Olivier Bijaoui, executive chairman, president and chief executive of WFS, said: “After eight years we now have more resources to make ...
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ABC open for talks with legacy carriers
Denis Ilin, executive president of AirBridgeCargo Airlines (ABC), has an open door for partnership talks with “legacy carriers” looking to outsource their current pure freighter services.Speaking at the Air Cargo Europe show in Munich, Ilin also confirmed that ABC hopes to take delivery of two more B747-8 freighters in September ...
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Air cargo must embrace digital revolution or lose share
The air cargo industry must “move into the next century” and speed up the process of digitisation or risk losing marketshare to integrators and start-ups.Speaking during a debate on the use of digital technology at Air Cargo Europe, a panel of industry participants agreed that air cargo could do more ...
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IAG Cargo to offer space on Vueling's German services
IAG will begin offering the cargo capacity of Spanish low-cost airline Vueling between Barcelona and Germany following on from its 2013 purchase of a large stake in the carrier.IAG Cargo has revealed that by the end of the year, it will be able to offer extra capacity from Düsseldorf, Hannover, ...
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Air Partner buys Cabot
Aviation charter specialist Air Partner has acquired UK-based Cabot Aviation, a specialist broker in aircraft remarketing, for up to £1.2m.Cabot Aviation was founded in 1998 by Malcolm Holt and Tony Whitty, who have grown the company into one of the leading aircraft remarketing brokers in the world. Cabot is headquartered ...
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Brussels cargo surge in April
Cargo volumes at Brussels Airport increased by six percent in April to 41,000 tons, and were up by 8.7% to 161,000 tons for the first four months of 2015 versus prior year.The European airport, which is bucking the trend of first quarter decreases at neighbouring hubs, said that the share ...
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Damco sees $9m loss as airfreight dives
Damco, the troubled logistics arm of Danish shipping giant AP Moller-Maersk (APMM), made a $9m loss in the first quarter of 2015 as its airfreight volumes fell 19%.The division's total supply chain revenue fell nine percent, year on year, to $683m for the January to March 2015 period, of which ...
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BACA urges new UK government to act quickly on aviation
The Baltic Air Charter Association has urged the UK’s newly elected government to act quickly in implementing aviation policies.The association said it was particularly keen to see action on anomalies in air passenger duty, runway capacity, border control and RAF Northolt, which is being used as a satellite airport.These issues ...
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Turkish Airlines back to black, but cargo revenues falter
Turkish Airlines returned to the black in the first quarter of 2015, but its cargo division recorded declines in revenues.The Turkish flag carrier recorded overall profits of $153m during the first quarter of the year, compared with a loss of $102m during the same period last year.Meanwhile, revenues declined by ...
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Deutsche Post's weak forwarding arm hits Q1 operating profits
First quarter 2015 airfreight volumes at German logistics giant Deutsche Post DHL rose by just 0.3 per cent to 935,000 tonnes, with group operating profits hit by the “weak performance” of the Global Forwarding and Freight business.Although the forwarding unit’s quarterly reported revenues increased by 7.6 per cent to €3.8bn, ...
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UPS opens Schiphol healthcare facility
UPS has opened a healthcare-dedicated air freight forwarding facility at Schiphol Airport on the back of increased demand and changing regulatory requirements.The new 600sq m facility is Good Distribution Practice certified and features 15-25 degree celsius and 2-8 degree celsius temperature zones as well as monitoring and alarm systems to ...
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Heathrow cargo volumes on the rise
London Heathrow Airport recorded cargo growth of 2.2 per cent in April to 122,879 tonnes versus same month of 2014, and a 3.9 per cent increase to 493,816 tonnes for the January to April 2015 period versus last year.The UK hub saw on-year cargo increases in April of 61.5 per ...
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CAL targets high value artwork
CAL Cargo Airlines has launched Cal Val for artwork and valuable cargo, aimed at private art collectors, museum curators and auction houses, plus specialist freight divisions dealing with valuable cargo.Israeli-owned CAL, with a European hub at Liege airport, provides a dedicated escort to monitor valuable cargo around the clock, and ...
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Jettainer's quality seal for ULD repair partners
Jettainer has introduced a quality seal for ULD repair partners that it hopes will reassure customers that its outsourced repair shops conform to high standards.The Lufthansa-owned outsourced ULD management company, has developed its own quality seal for companies repairing airfreight pallets and containers.As a result, Jettainer is creating unified guidelines ...
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Air forwarders strike back against integrators
Air freight forwarders are beginning the fightback to win marketshare lost to integrators over the last few years, but concede it will be difficult to win back volume lost to shipping lines.Speaking at the Transport Logistic exhibition, which runs alongside Air Cargo Europe, GEODIS global air product director Henk Venema ...
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Air Charter Service launches onboard courier operation
Air Charter Service has officially launched an onboard courier service as it looks to win a share of a market estimated to be worth around £30m per year.ACS has been offering the service for the last few years on an ad-hoc basis but it has now grown to the level ...
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Outsourcing to GSSAs to gather pace
Airlines will continue to outsource to general service and sales agents as they look to reduce costs, according to the ECS Group.Speaking at a press event at the Air Cargo Europe event in Munich, ECS Group chief executive Bertrand Schmoll said the company had noted increased demand for its GSSA ...
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Schiphol hopes for 2015 growth despite tough start
Schiphol Airport is expecting modest volume growth in 2015 following on from a strong performance in 2014 but a difficult start to this year.During the first quarter of 2015, the Dutch airport recorded a 1.8 per cent year-on-year decline in volumes to 386,800 tonnes.This follows on from a 6.7 per ...