Latest news – Page 266
-
News
Alliance Ground International continues expansion with TAS takeover
Cargo handler Alliance Ground International (AGI) has continued its recent expansion strategy with the purchase of Total Airport Services (TAS).TAS specializes in cargo, ramp, and passenger handling services across eight locations in the US including Chicago O’Hare International Airport (ORD), San Francisco International Airport (SFO), George Bush Intercontinental Airport (IAH), ...
-
News
TSAS selects e-Cargoware at Quebec Airport
Ground handler TSAS has selected air cargo tech company e-Cargoware's FR8Manage software for its handling operation at Quebec International Airport.Following this contract win, along with others in the Americas, e-Cargoware said that it would open an office in Toronto.TSAS vice president, development, airport services TSAS, Nadia Maghames, said: "We are ...
-
News
Texel Air orders two 737-800BCFs
Bahrain-based cargo airline Texel Air is growing its 737-800 Boeing Converted Freighters (BCF) fleet with two more conversions ordered.Chisholm Enterprises subsidiary Texel Air previously ordered two 737-800BCFs and took re-delivery of the first in January 2022, becoming the first operator in the Middle East region to include the 737-800BCF in ...
-
News
Airfreight rates to continue to rise despite easing demand?
The current easing of the airfreight market may only be a temporary blip and rates could rise further once lockdowns in China are lifted, according to Bruce Chan, senior analyst at investment bank Stifel.In the latest Baltic Exchange market round-up, Chan said that despite a year on year drop in ...
-
NewsAvianca and NAM see flower volumes bloom
Avianca Cargo and Network Airline Management (NAM) reported growing flower volumes in recent weeks due to Mothers' Day celebrations around the globe.Colombia-based cargo airline Cargo saw its flower volumes increase by 26% year on year during the run up to the celebration as it operated more than 420 flights from ...
-
NewsAir Cargo News Awards deadline days away
There are just a few days left for companies to submit their entries for the Air Cargo News Awards.Those wishing to enter one of our nine awards categories have until 5pm BST on May 13 to submit their entries.The awards honour and celebrate those companies that have invested in providing ...
-
NewsTextron Aviation starts Cessna SkyCourier deliveries to FedEx Express
Photo: Textron AviationTextron Aviation has delivered the first of 50 Cessna SkyCourier twin utility turboprop freighters to FedEx Express.FedEx Express is the Cessna SkyCourier’s launch customer after signing a deal in 2017. The company agreed to an initial fleet order of 50 cargo aircraft and options for 50 more.Kansas, US-based ...
-
NewsLufthansa Cargo orders ten Boeing freighters
Boeing B777F and B777-8F. Copyright: BoeingLufthansa Cargo has ordered three Boeing 777F freighters and seven new-generation 777-8F freighters to increase its airfreight capacity.In addition, leases for two Boeing 777F freighters, which run through 2024, will be extended for seven years each through 2031.The first of the 777F aircraft, which could ...
-
NewsEVA Air Cargo grows B777F fleet
Photo: EVA AirEVA Air Cargo will purchase a Boeing 777 freighter to add to its existing fleet of seven B777Fs.The newbuild freighter is expected to be delivered by the end of 2023.In addition to its eight Boeing 777 freighters, EVA flies 34 B777-300ERs.In March, EVA contracted Israel Aerospace Industry Corporation ...
-
NewsQatar Airways Cargo sets salmon record
Photo: Qatar Airways CargoQatar Airways Cargo has celebrated a record year for salmon shipments out of Norway.The cargo carrier “transported more than 46,000 tonnes of Norwegian seafood in 2021,” said Rob Veltman, vice president cargo Europe at Qatar Airways.This is “the highest result yet,” he noted, adding: “The airline transports ...
-
NewsairBaltic reopens cargo operations from Kyiv
Photo: airBalticLatvian airline airBaltic has reopened cargo operations from Kyiv, Ukraine by organising a multimodal mail transportation system in cooperation with Ukrposhta, the national postal service of Ukraine.Martin Gauss, chief executive officer of airBaltic, said: “We do our utmost to help the Ukrainian nation. As a result, a regular truck ...
-
NewsRealterm raises $150m for airport logistics fund
Photo: RealtermUS independent global investment manager Realterm has announced the successful closing of $150m in capital commitments for its open-ended fund, Realterm Airport Logistics Properties (RALP).RALP has now raised approximately $900m in equity commitments since its formation in 2015 with all original investors still in the fund.RALP serves as the ...
-
NewsMenzies appoints senior vice president of fuels
Marco di Mario. Photo: Menzies AviationGlobal aviation logistics specialist Menzies Aviation has appointed Marco di Mario as its new senior vice president of fuels.Menzies said di Mario joins its fuels leadership team with a wealth of experience in aviation fuels, gained in over 20 years in the industry.Most recently, di ...
-
News
Kales to sell Cainiao's China-bound air cargo capacity
GSSA Kales Group has signed a deal to sell space on flights operated for Alibaba logistics-arm Cainiao as they make their way back to China.Through subsidiary, Cargonet Asia, Kales Group will support Cainiao with fixed allotments, block space agreements and free sales in order to sell available capacity on flights ...
-
NewsSmartLynx and APOC partner on A321s for conversion
Source: SmartLynxCarrier SmartLynx has partnered with lessor APOC Aviation to purchase four A321 airframes that they intend to convert into freighters.The frames, MSNs 941, 961, 1185 and 1241, were acquired in passenger configuration and will be converted into freighters which will join the SmartLynx fleet early next year.The four additional ...
-
News
ATSG revenues up in Q1 2021 fuelled by e-commerce demand
US lessor Air Transport Services Group (ATSG) reported revenues of $486m for the first quarter of 2022, up 29% compared with the first quarter of 2021.ATSG said adjusted EBITDA was $158m, up 49% from the first quarter of 2021. Full year 2021 revenues were $1.73bn, up 10% year on year.The ...
-
News
IAG Cargo revenues up 23% year on year
IAG Cargo has reported revenues of €432m for the first quarter of 2022; an increase of 23.4% on the same time in 2021.This positive first quarter for the cargo division of IAG (International Airlines Group) for the period from January 1 to March 31 2022 follows a record year in ...
-
News
Lufthansa Cargo breaks more records in Q1
Lufthansa's cargo business continued to report record performance in the first quarter of the year as it benefitted from additional capacity and higher rates.The Germany-based airline’s logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and its investment in AeroLogic, saw first quarter revenues reach a record for the period of ...
-
NewsMiami International Airport throughput up 8% year on year in Q1 2022
Miami International Airport's (MIA) total freight volume in the first quarter of 2022 increased by 8% year on year to 687,675 tons.552,371 tons of this came from international traffic. International freight at MIA has grown 5.4% in the year to date, while domestic freight is up 20.5%.MIA’s strong first quarter ...
-
News
Atlas Air revenues improve despite volume decline
Atlas Air Worldwide reported improvements in revenues during the first quarter of the year despite a decline in volumes.The freighter lessor and operator saw first-quarter revenues increase by 20% on last year to $1bn, adjusted earnings before interest, tax, depreciation, amortisation (ebitda) increased 11.9% to $202,814 but net income dropped ...