Latest news – Page 245
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News
Frankfurt reports drop in cargo volumes in H1
Europe's busiest cargo airport saw cargo volumes drop in the first half of the year as Covid lockdowns in China and the war in Ukraine took their toll on cargo demand.Airport operator Fraport said that during the first six months of the year cargo demand declined by 11% year on ...
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CargoAir continues fleet update with B737-800 conversions
Bulgaria-based CargoAir has ordered its fourth B737-800SF freighter conversion from Aeronautical Engineers, Inc (AEI) as it continues its fleet "revitalisation".The aircraft, (MSN 30883) is slated to commence modification at the end of October 2022, with all conversion-related touch labour to be performed by the authorised AEI conversion centre, Commercial Jet ...
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Cargo expansion helps Titan Airways to narrow losses
The delivery of new cargo aircraft helped UK-based freighter operator Titan Airways to narrow its losses and record revenues for the last financial year.For the 2021/2022 financial year running to March, the company reported record revenues of £121.1m, an increase of 110.1%, gross profits improved to £4.6m from a loss ...
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Maersk Air Cargo moves closer to operations with Asia-US test flight
Maersk Air Cargo is moving closer to operations with a test flight following its launch in April."In preparation for our new Maersk Air Cargo services between Asia and USA, we are operating a special demonstrator flight on 8/31 PM ex ICN (Incheon, Korea) arriving GSP (Greenville Spartanburg, SC) 9/1 AM ...
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NewsAlaska Air Cargo makes beary special flight
Photo: Jeremy Dwyer-Lindgren/ Woodland Park ZooAlaska Air Cargo has flown an orphaned brown bear cub to a new home after it was found wandering alone on a military base outside Anchorage, Alaska.The unnamed 89-pound female bear club has been safely settled at Seattle’s Woodland Park Zoo after being flown by ...
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NewsDronamics appoints chief communications officer
Blanca Garcia. Photo: DronamicsCargo drone firm Dronamics has appointed Blanca Garcia to its executive committee in the role of chief communications officer.Garcia joins Dronamics with over 25 years’ international experience working in consumer-facing and B2B global companies in the automotive, aviation, technology, financial services, pharma, hospitality, and FMCG sectors.“Blanca brings ...
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NewsAir France KLM Cargo charges up with solar car flight
Source: Air France KLM CargoAir France KLM Martinair Cargo (AFKMP) has taken part in a project to fly a solar-powered car that is taking place in South Africa's Sasol Solar Challenge.The Nuna 11s car was developed by the Dutch Brunel Solar Team from Amsterdam's Delft University of Technology and will ...
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Cathay Pacific Cargo resumes Queensland-Hong Kong service
Cathay Pacific Cargo has resumed its weekly Boeing 747 freighter service from Toowoomba Wellcamp Airport in Queensland, Australia to Hong Kong.In a LinkedIn post on August 4, the carrier said: "We are thrilled to be supporting local producers once more, delivering a wide range of exports including chilled meats, vegetables ...
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Drone Delivery Canada now authorised to transport dangerous goods for Canadian university
Drone Delivery Canada has announced the approval and implementation of dangerous goods transportation for the University of British Columbia (UBC) Faculty of Medicine’s ‘Remote Communities Drone Transport Initiative’ (DTI).The DTI is currently utilising Drone Delivery Canada's drone logistics solution to enable a defined two-way delivery flight route, using the Sparrow ...
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NewsUPS expands in healthcare with Bomi acquisition
Source: UPSUPS plans to acquire healthcare logistics provider Bomi Group to expand its temperature-controlled facilities.The transaction will add temperature-controlled facilities in 14 countries - measuring 390,000 sq m - and nearly 3,000 employees."The acquisition will play a key role in the delivery of next-generation pharmaceutical and biologic treatments that increasingly ...
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NewsHalifax Stanfield Airport opens new air cargo logistics park
Halifax Stanfield International Airport opens the new ACLP. Photo: Halifax AirportHalifax Stanfield International Airport has opened its new Air Cargo Logistics Park (ACLP) to increase capacity and improve efficiency for global cargo carriers operating at the airport.The Nova Scotia, Canada-based airport said the ACLP includes a new building with cold ...
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Technology key for air cargo to prosper
Technology and digitalisation development are key to making sure the air cargo industry prospers and keeps up with demand in the future, a new briefing paper has said.The Chartered Institute of Transport and Logistics UK Aviation Policy Group paper said that the sector has "perhaps not" kept pace with available ...
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ATSG sees revenues rise but profits fall in Q2
Freighter lessor ATSG saw its revenues rise but profits fall in the second quarter of the year as it faced higher costs, but benefited from more flying.The Wilmington-headquartered company reported a 24% year-on-year increase in second-quarter revenues to $510m, operating income for the period was down 16.6% to $70.5m and ...
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DHL airfreight volumes drop but high rates help it achieve positive results
Deutsche Post DHL Group saw a drop in airfreight volumes in the second quarter of 2022, but managed to achieve positive financial results thanks to high market rates and charter demand.Group airfreight revenue for the second quarter of 2022 was €2.8bn, up 40% on the second quarter of 2021, airfreight ...
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Atlas Air sees profits slide in Q2 as costs rise
Atlas Air Worldwide, which yesterday announced it is being acquired in a $3bn deal, saw volumes and profits take a hit in the second quarter while revenues improved.The company saw revenue grow to $1.2bn in the second quarter of 2022, compared with $990m last year, volumes totaled 83,922 block hours, ...
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NewsMaersk opens its war chest for project firm Martin Bencher
Source: MaerskCash-rich shipping giant AP Moller Maersk has announced the planned purchase of project logistics firm Martin Bencher as part of efforts to expand its supply chain offering.Maersk said the deal has an enterprise value of $61m and will allow the company to launch Maersk Project Logistics.Martin Bencher Group is ...
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NewsLATAM Cargo adds its latest freighter
Source: LATAM CargoLATAM has added another converted freighter to its fleet as it continues to expand its presence on the transatlantic.The freighter is the fourth of five freighter conversions it is due to receive this year and brings its total all-cargo fleet to 15 aircraft.The carrier is due to add ...
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Delta Cargo promotes cargo sales talent
Delta Cargo has promoted US-based Michael Hatfield to general manager of cargo sales, east region.Hatfield previously spent more than eight years as general manager, cargo sales - strategic accounts at the Atlanta, Georgia-headquartered airline."Michael will maximise support, revenue and network opportunities in this important region, which offers incredible capacity and ...
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NewsCargoAi makes two appointments
Ibarra (L) and Sakurai (R). Source: CargoAiBooking portal CargoAi has appointed a vice president of operations and head of finance as it continues to expand.Veronica Ibarra joins CargoAi as its vice president of operations and oversees the day-to-day customer support and strategic operational activities for CargoAI products.Ibarra will be based ...
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Maersk Air Cargo newbuild B767-300Fs to be operated by Amerijet
Maersk Air Cargo's three newbuild Boeing B767-300F freighters will be operated by Miami-headquartered cargo airline Amerijet on a US-China route from this autumn.The order of the three new B767-300Fs was announced in April with the launch of Maersk Air Cargo. They are in addition to three leased B767s, also previously ...