Latest news – Page 214
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News
Amazon Air set to sell space on its aircraft to third parties
Amazon Air is set to start selling spare capacity on its aircraft as it responds to a post-pandemic slowdown in e-commerce spending, according to Bloomberg.The news agency quotes people familiar with the matter as saying that the e-commerce carrier will look to sell backhaul space on aircraft operating to Hawaii ...
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SATS seeks shareholders' approval for WFS takeover
SATS will hold an Extraordinary General Meeting (EGM) on January 18 to seek shareholders’ approval for the proposed acquisition of air cargo handler Worldwide Flight Services (WFS).The Singapore-based aviation services company struck a deal last September to buy WFS from an affiliate of asset investor Cerberus Capital Management in a ...
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Etihad Cargo to benefit from increased US belly capacity
Etihad Cargo is set to benefit from increased US belly capacity with Etihad's plans to introduce an additional three weekly flights to New York's JFK International Airport from April 24.The flights will be operated with both Airbus A350 and Boeing 787-9 Dreamliner aircraft and are set to bring Etihad Cargo’s ...
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IAG Cargo dismisses near future freighter investments
IAG Cargo is not currently considering any new freighter investments, according to its chief commercial officer.The cargo handling division of International Airlines Group (IAG) does not currently operate any freighters but utilises the belly capacity of IAG’s subsidiary airlines British Airways, Aer Lingus, Iberia, Vueling and LEVEL, although it does ...
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Aerolineas Argentinas delves into freighters
Argentina-based airline Aerolineas Argentinas will acquire freighters for the first time this year.The government-owned Buenos Aires-based airline currently has a 100% passenger aircraft fleet, but said in a LinkedIn post on December 30 that it plans to add two B737-800 freighters.“We are going to incorporate two B737-800 freighters destined to ...
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NewsAFKLMP Cargo helps protect endangered tortoises
Air France KLM Martinair Cargo (AFKLMP Cargo) joined forces with the Oceanographic Museum of Monaco to transport 46 tropical African juvenile tortoises to Senegal as part of a conservation project.The transport of the tortoises to Le Village des Tortues in Noflaye was enabled by the specialist services of AFKLMP Cargo, ...
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NewsTomorrow’s sustainable airfreight fleet
Christopher Jackson. Photo: Reed SmithAs 2022 draw to a close, Christopher Jackson, aviation partner at Reed Smith, reflects on the air cargo industry's aircraft decarbonisation and sustainability developments.The air cargo industry has historically been reliant on older, more polluting aircraft compared to those used for passenger operations.However, the industry, and ...
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NewsMiami Airport reaches high for cargo capacity
Miami International Airport (MIA) is adopting a vertical approach to meeting air cargo capacity demand as it contends with limited space.The airport’s “Vertically Integrated Cargo Community” project envisions a five-storey storage warehouse which is expected to more than double its current cargo capacity.Expected to break ground next year, the estimated ...
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Tiaca positive for air cargo in 2023 despite tough outlook
Air cargo association Tiaca is predicting another tough 12 months for air cargo demand, but has also outlined positives for the industry.In its latest newsletter, the association said that high inflation, high interest rates, high energy costs and concern over job security have compounded to create an air of defensive ...
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Etihad Cargo takes a disciplined approach to capacity management
Etihad Cargo is taking a disciplined approach to its air cargo strategy as the market switches to a more balanced footing from one of capacity shortages.Speaking to Air Cargo News, Etihad Cargo director west Mark Faulkner, who joined the airline in mid-2021, says that softer demand levels experienced over the ...
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News
Nippon Cargo Airlines to use Neste SAF to cut emissions
Nippon Cargo Airlines (NCA) has begun using Neste’s Sustainable Aviation Fuel (SAF) to cut its flight emissions.NCA used Neste's MY Sustainable Aviation Fuel for several cargo flights in November and December.The SAF is supplied by Neste at Amsterdam Airport Schiphol.According to the companies, using Neste MY Sustainable Aviation Fuel reduces ...
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UPS boosts Japan connectivity
UPS will be the first global logistics service provider to introduce weekly flights between Kitakyushu and Osaka in February 2023."Customers in Japan can take advantage of greater flight frequency and air cargo capacity to capture global trade opportunities," said UPS on LinkedIn.According to LOGI-BIZ, Tetsuo Nishihara, president of UPS Japan, ...
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NewsDachser takes over joint ventures in Hungary
Photo: DachserLogistics company Dachser has acquired the remaining 50% of the shares in its Hungarian joint ventures “Liegl & Dachser Szállítmányozási és Logisztikai Kft.” (transport and storage of industrial goods and food products) and “Liegl & Dachser ASL Hungary Kft.” (air and sea freight).In the course of the acquisition, which ...
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NewsNew executive management board at Siemens Logistics
Michael Reichle (left) and Michael Schneider. Photo: Siemens LogisticsSiemens Logistics has appointed Michael Schneider as chief executive from January 1 2023.In this role, he will take over the former area of responsibility of his predecessor Michael Reichle, who will be assuming a new management position within the Siemens Group ...
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FedEx Express is pain point for FedEx in second quarter
FedEx faced continued weak market demand for air cargo in the second quarter with FedEx Express a particular pain point.In the second quarter ended November 30, the transport company said previously implemented cost reduction measures helped soften the blow of reduced FedEx Express revenue.Second quarter fiscal 2023 revenue was $22.8bn ...
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NewsAviaAM Leasing buys two more B737-800s to convert for Bluebird
Photo: AviaAMAviaAM Leasing has purchased two more Boeing B737-800 aircraft for Passenger-to-Freighter (P2F) conversion.The aircraft, bearing serial numbers 29769 and 28225, are the fifth and sixth Boeing 737-800 respectively inducted to cargo conversion, with the previous three already delivered to sister company and lessee Bluebird Nordic and the fourth to ...
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NewsWhat would a combined DB Schenker and DHL mean for airfreight volumes?
Last week Deutsche Bahn assigned its management board to examine and prepare the case for a potential sale of up to 100% of its shares in DB Schenker.Speculation immediately turned to who could be a potential buyer for the forwarding unit if state-owned Deutsche Bahn does decide to pursue a ...
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NewsRhenus Air & Ocean gains GDP certification at Schiphol Airport
GDP certificate. Photo: Rhenus Air & OceanRhenus Air & Ocean’s pharma-focused business site at Amsterdam Airport Schiphol (AMS) has gained the Good Distribution Practice (GDP) certificate.The Dutch headquarters of Rhenus, which has been IATA CEIV Pharma accredited for years, follows the footsteps of the business site at Frankfurt Airport, ...
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Volga-Dnepr UK strike-off notice discontinued
The compulsory strike-off notice that was served to Volga-Dnepr UK earlier this year has now been withdrawn according to Companies House.A new filing on the UK's company register dated December 21 shows that cause has been shown as to why Volga-Dnepr UK should not be struck off the register."Accordingly the ...
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Lufthansa Cargo champions digitalisation development
Digitalisation and automation will increasingly be used to drive differentiation in the air cargo market.Looking at the topic of airfreight trends in 2023, Lufthansa Cargo said digitalisation will continue at an accelerated pace.“Networking through the intelligent use of data and the increasing automation of processes will become performance and competitive ...