Latest news – Page 349
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NewsAtran and AirBridgeCargo move engines from Russia to France
Atran airlines and AirBirdgeCargo (ABC), both part of Volga-Dnepr Group, have transported aircraft engines from Yakutsk, Russia, to Paris, France.The carriers said the task of transporting the two PW123 Pratt & Whitney engines for Bombardier Q-300 aircraft — weighing a total of 1,520kg — was “complex” and demonstrated its Cargo ...
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African air cargo market set to benefit from forwarder investments
It is hoped that recent investments by large forwarders in Africa will lead to infrastructure improvements.In January this year, DHL expanded its capabilities in South Africa by investing in new 10,000 m sq warehouse with pharma facilities near Johannesburg Airport.Also in January, CEVA Logistics acquired Moroccan freight forwarder ASTI Group.In ...
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NewsIAG Cargo reports increased automotive demand
IAG Cargo has reported an increase in automotive traffic since the start of the year, predominantly with its airfreight charter service that was launched last year at the start of the pandemic.The carrier said it that this year it has already transported 8,000 tonnes of automotive parts, which suggests "a ...
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Monthly airfreight rates stable in February on key trades
Average monthly airfreight rates on key trade lanes were largely static in February compared with a month earlier but remain well above last year’s levels.The latest statistics from Baltic Exchange Air Freight Index (BAI) show that average prices from Hong Kong to North America in February reached $6.42 per kg, ...
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NewsLufthansa Cargo announces record profits and another B777F
Dorothea von Boxberg Credit: Lufthansa CargoLufthansa's air cargo business reported record operating profits last year and has also announced plans to add another Boeing 777 freighter to its fleet.The Lufthansa Logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and its equity investment in AeroLogic, saw earnings before interest and tax ...
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Cargo wholesalers team up on Europe-Australia service
Europe-based Wholesale by Vels and Australian firm Consol Alliance have entered into a strategic partnership to develop air cargo business on the Europe-Australia route.Initially, the new alliance will operate weekly, trade-only unitised airfreight consolidations from Amsterdam Schiphol to major Australian airports.The service frequency is expected to increase over the coming ...
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NewsGround handler dnata appoints EVP
Steve AllenDnata, part of the Emirates Group, has promoted Steve Allen into the role of executive vice president.Allen has worked at the Emirates Group for 12 years in operational and support roles.He has been divisional senior vice president since 2016, overseeing the company's ground handling and cargo operations, and airport ...
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NewsAir cargo makes recovery "that passenger departments will be dreaming of"
The latest data form CLIVE Data Services and TAC Index suggests that in the last 10 months, global air cargo volumes have recovered to pre-Covid levels, demonstrating the "robustness" of the market and "a recovery that airline passenger departments will be dreaming of".In its February 2021 report, analyst CLIVE Data ...
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Latest B777 conversion programme moves forward
Sequoia Aircraft Conversions will partner with advisory firm Split Rock Aviation on a second B777-300ER freighter conversion programme.The two partners said that Sequoia’s Wichita based B777-300ER freighter conversion programme will focus on weight reductions and design efficiency to meet the most stringent environmental and regulatory requirements. The engineering package will ...
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Seko Logistics sets sights on growth in China
Following Seko Logistics' secured investment from Ridgemont Equity Partners, which was first reported by Air Cargo News in January, the logistics firm is planning to expand its presence in China.The company said expansion in China will help it to build on its airfreight and seafreight growth, which increased by 20% ...
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NewsHermes and Nallian team up on slot booking
Jean Verheyen, CEO Nallian (left) and Yuval Baruch, CEO HLT (right)Cargo software firms Hermes Logistics Technologies and Nallian are combining elements of their solutions covering slot booking and acceptance and delivery.Through the partnership, Hermes customers will have access to a slot booking app that connects handlers, freight forwarders, and trucking ...
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NewsChanging cargo trends keep Wallenborn busy
Jason BreakwellOnly a few months of 2021 has passed, but the year is already showing positive signs for road feeder services (RFS) business Wallenborn.Looking back on 2020, commercial director Jason Breakwell says volumes from March to December were around 10% higher than the previous two years. “This year has been ...
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East Midlands Airport consortium gains UK Freeport status
An East Midlands consortium, including the airport, was one of eight companies selected for Freeport status in England.The East Midlands bid for Freeport status was submitted by a consortium led by the two local enterprise partnerships, including East Midlands Airport.The proposition is based around the East Midlands Airport Gateway Industrial ...
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NewsAir New Zealand expands network as exporters turn to air cargo
Alex LarsenThe last few months have seen Air New Zealand open new cargo connections as it looks to meet demand from the country's exporters.Alex Larsen, head of global sales at the Auckland-headquartered airline, told Air Cargo News that the carrier recently expanded its network with twice-weekly services to Guangzhou, operating ...
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Record B767 deployments boost ATSG in 2020
Aircraft lessor ATSG has achieved increased revenues for the full-year 2020 following a record number deployments of converted freighters.The Wilmington-headquartered company reported a 8.1% year-on-year increase in customer revenues to $1.6bn and a 9.5% year-on-year increase in adjusted ebitda to $497m.During 2020, ATSG achieved 11 deployments via external lease (and ...
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NewsAir cargo boosts K+N in 2020
Kuehne+Nagel's (K+N) airfreight business registered improvements in profits and revenues last year, while the overall business reported declines.K+N said that 2020 was characterised by a weak first and a strong second semester.The forwarder's airfreight business saw revenues for the year increase by 11.6% year on year to SFr5.2bn, gross profits ...
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NewsVolga-Dnepr Airlines and LEJ set up emergency logistics hub
Volga-Dnepr Airlines and Leipzig/Halle Airport (LEJ) have signed a Memorandum of Understanding (MOU) to establish an emergency logistics hub for humanitarian tasks.Through the agreement, LEJ will offer some of its warehousing facilities for the storage of emergency cargo, while Volga-Dnepr will offer its aircraft for humanitarian operations.Both parties will strategically ...
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NewsIATA: Air cargo demand beats 2019 levels in January
Air cargo volumes returned to pre-Covid levels in January with demand even increasing compared with 2019 levels for the month.The latest statistics from IATA show that air cargo volumes in cargo tonne km terms were in January up by 1.1% compared with 2019 levels and 6.1% year on year.Meanwhile, capacity ...
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Network Airline Services renews with WFS in Belgium and the Netherlands
Sales agent Network Airline Services has renewed its ground handling agreement with Worldwide Flight Services in Belgium and The Netherlands, with other stations potentially being confirmed later this year.The two companies started working together in 2015 and both Marc Claesen – WFS senior vice president commercial EMEAA and Patricia Heilbrink ...
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NewsMacquarie AirFinance orders conversions to meet express demand
AEI B737-800SFAircraft lessor Macquarie AirFinance will convert four of its B737-800SF aircraft through Aeronautical Engineers, Inc as it looks to capitalise on growing e-commerce demand.The company said that it made sense to extend the life of its B737-800 aircraft through conversion.John Willingham, chief executive of Macquarie AirFinance, said: “We are ...