Latest news – Page 125
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NewsUkraine’s Antonov Airlines launches new website
Photo: AntonovUkrainian heavylift carrier-in-exile Antonov Airlines has launched a new website.The airline, which is now based in Leipzig, Germany, said this is its first independent site since it discontinued its cooperation with UK-based GSSA Dreamlifts.Dreamlifts had represented Antonov since 2016, following the dissolution of the Ruslan International joint venture between ...
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IAG Cargo revenues drop 28% year on year
IAG Cargo saw a steep drop in year on year commercial revenues in 2023 against a backdrop of sustained soft air cargo demand in the industry.The cargo division of International Airlines Group (IAG) reported commercial revenues of €1.2bn for 2023, 28.4% down compared to 2022.Cargo volumes, measured in cargo tonne ...
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Etihad Cargo looks forward to A350F future
Etihad Cargo has set its sights on expansion and the Airbus A350 freighters due to join its fleet in the next few years are an important part of this plan.The production freighters will help Etihad Cargo meet increased demand for cargo capacity, driven by double-digit growth of the carrier's PharmaLife ...
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NewsBolloré's contract logistics business grows with acquisition
Photo: Bolloré LogisticsBolloré Logistics' contract logistics subsidiary, Bolloré Solutions Logistiques (BSL) has acquired STEF Logistique Santé (SLS) to grow its contract logistics business and strengthen its expertise in the pharmaceutical industry.SLS, the healthcare subsidiary of France-based Stef Group, employs 85 people at three different sites in Strasbourg (Port du Rhin). ...
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NewsLufthansa customs arm tops 50m clearances
Photo: Lufthansa CargoLufthansa Cargo’s CB Customs Broker subsidiary has carried out 50m clearances in its three-year existence.The broker carries out import and export clearance for import and export shipments, for sea, rail or road, as well as by air, either through an automated process or individual, customised solutions.The company said ...
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NewsTAAG Angola Airlines and NAM renew freighter contract
Boeing B747-400. Photo: TAAG Angola AirlinesTAAG Angola Airlines and Network Airline Management (NAM) have renewed their long-term freighter aircraft contract “for the foreseeable future” and have restarted flights to Luanda.TAAG Angola, the largest carrier in the south-west African country, is to resume its regular weekly service between Liege, Belgium and ...
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Sultan switches from cargo to passenger at Emirates
Nabil Sultan is leaving Emirates SkyCargo to head over to the airline's passenger business.Currently Emirates SkyCargo divisional senior vice president, Sultan will take on the role of executive VP - passenger sales and country management at Emirates from March 1."No announcement has been made" for Sultan's replacement yet, Emirates told ...
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NewsModern Logistics to add second 737-800BCF
Modern Logistics' second 737-800BCF. Photo: Modern LogisticsModern Logistics will take delivery of a second 737-800 Boeing Converted Freighter (BCF) in the first half of this year.The Brazilian integrated logistics company and cargo airline acquired its first 737-800BCF in October last year and expects the freighter to enter service in March.These ...
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NewsFedEx Express opens regional headquarters
L to R: Png Cheong Boon, chairman, Economic Development Board (EDB), Richard Smith, president and chief executive, Airline and International, FedEx, Vivian Balakrishnan, Singapore’s Minister for Foreign Affairs, Raj Subramaniam, president and chief executive, FedEx, Jonathan Kaplan, U.S. Ambassador to Singapore, Kawal Preet, president, Asia Pacific, Middle East, and ...
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Lower leasing demand takes the shine off ATSG earnings
Reduced demand for aircraft leasing, passenger operations and flying for the US military combined to pull down revenue at ATSG (Air Transport Services Group), said the company in its fourth quarter 2023 results.Wilmington, Ohio-based ATSG, which is the world’s largest owner and operator of converted Boeing 767 freighter aircraft, said ...
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CCS-UK makes the move to new customs system
UK electronic air cargo community system, CCS-UK said it has migrated to HM Revenue and Customs' (HMRC) new platform, CDS (Customs Declaration Service).Users can now submit declarations through CCS-UK for all air imports and exports to the new system, which is due to replace HMRC’s 1980s-vintage CHIEF (Customs Handling of ...
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NewsKuehne+Nagel Air enhances New York hub
K+N temperature controlled space at JFK facility. Photo: K+NSwiss-headquartered Kuehne+Nagel has expanded its John F. Kennedy International airport (JFK) facility in New York.The forwarder has added a 4,500 sq ft stand-alone, GxP-compliant, temperature-controlled area, and has also extended its existing 78,763sq ft of warehousing at the gateway by 10,000sq ft ...
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Freightos tops a million transactions
Freightos handled over a million transactions in 2023 according to its full-year results, published on 26 February.The digital booking and payment platform achieved a record 287,000 transactions in the fourth quarter of 2023, an increase of 36% year over year to end the year with 1,025,000 transactions.Freightos said it had ...
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NewsWFS scores cargo handling deal with Etihad at 12 airports
Photo: Etihad Cargo.Etihad Cargo has signed a strategic partnership agreement with Worldwide Flight Services (WFS) for cargo handling services at 12 major international airports in Europe, Scandinavia, North America, India, and Asia Pacific.The agreement is for a three-year period and will see SATS Group-owned WFS handling over 150,000 tonnes of ...
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Silk Way West signs parts deal with Turkish Technic
Azerbaijani cargo carrier Silk Way West Airlines has signed a component pool agreement with Istanbul-based MRO provider Turkish Technic for its Boeing 777F fleet.Under the deal the operator of one of the youngest B777F fleets will gain access to spare parts pooling and maintenance, repair and overhaul (MRO) services from ...
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NewsLars Jordahn is new Maersk Air Cargo boss
Lars Jordhan. Photo: MaerskLars Jordahn has been appointed global head of Maersk Air Cargo, effective March 1.Based in Copenhagen, Denmark, Jordahn will take over the chief executive role from Peter Corfitsen, who is going to transition into a new role in Maersk, the company told Air Cargo News.Jordahn has ...
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European Commission approves CMA CGM takeover of Bolloré Logistics
The European Commission has approved CMA CGM's proposed acquisition of Bolloré Logistics, bringing the shipping giant one step closer to growing its multimodal market share.CMA CGM Group entered into exclusive negotiations with the Bolloré Group to acquire Bolloré Logistics’ transportation and logistics activities in April last year. The deal is ...
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NewsTIACA to launch carbon offsetting programme
Source: Love Silhouette/shutterstockTIACA is launching a carbon-offsetting programme to help smaller companies invest in reducing their impact on the climate.The Climate Action Platform will go live in the coming days and will provide companies with an initial portfolio of six carbon-offsetting projects.TIACA worked with carbon consultancy South Pole to select ...
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NewsCathay Cargo Terminal gets greener with recycled plastic
Photo: Cathay PacificCathay Cargo Terminal will utilise 50% recycled plastic cargo cover sheets for all export cargo shipments built up within its terminal.This is an increase from the terminal's current specifications of no less than 30% recycled content for sheets, and builds on its efforts to adopt a circular economy ...
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WorldACD figures show extent of sea-air growth
The latest weekly figures from data analyst WorldACD show an upswing in volumes at sea-air hubs as a result of the Red Sea shipping crisis.WorldACD figures show that over the first seven weeks of the year, Dubai, Colombo and Bangkok all saw their respective tonnages to Europe increase by more ...