Latest news – Page 595
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News
Crane Worldwide Logistics expands time critical team
Crane Worldwide Logistics has expanded its time critical team with two new appointments in the UK.Joining the Crane Worldwide Logistics team in the UK are Rashpal Deol with 20 years’ experience in the freight industry specialising in aerospace operations such as charter, on-board courier & aircraft on the ground logistical ...
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Strong 2017 revenues for West Atlantic
Swedish cargo airline West Atlantic saw strong revenue growth in full year 2017, mainly generated from the contract with Royal Mail and the rise in e-commerce traffic.Revenues of SKr1.6bn were up 20.4 % year-on-year, but there were “significant sub-charter costs”, caused by aircraft delivery delays of Boeing 737-400 aircraft, maintenance ...
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WFS off to a flyer in the US with new cargo deals
Worldwide Flight Services’ (WFS) North American operations have made a successful start to 2018 by winning and renewing cargo handling and ramp contracts with airlines at eight US stations.At Houston’s George Bush Intercontinental Airport, WFS won the freighter handling contract for Turkish Airlines’ new twice-weekly flights to Istanbul.New cargo handling ...
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Airfreight rates start the year ahead of 2017 levels
Airfreight rates started the year ahead of 2017 levels but are expected to weaken in February in line with seasonal trends.The latest figures from the Drewry Sea and Air Shipper Insight report shows that average global airfreight prices stood at $2.76 per kg in January, representing a year-on-year increase of ...
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Qatar Airways adds to pharma container offering
Qatar Airways Cargo has begun offering pharma container firm CSafe’s newest RAP container.The active RAP unit caters for large volume pharma shipments and has been approved by the cargo carrier for use across its pharma network.The CSafe RAP utilises heating and compressor-driven cooling technologies together with insulation to eliminate the ...
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ATSG 2017 revenue and earnings boost, adding more converted B767Fs
US-based aircraft lessor Air Transport Services Group (ATSG) saw 2017 full year revenues up 39% to $1.1bn and announced that its Cargo Aircraft Management (CAM) leasing subsidiary will add two more Boeing 767-300 converted freighters to the fleet this year and a third in 2019.ATSG, which has a long-term B767F ...
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ATSG not expecting pilot talks to hold back Amazon business
ATSG is not expecting ongoing pilot contract negotiations to hold back any potential future development of its Amazon business.Speaking shortly after announcing its 2017 full-year results, the aircraft lessor said the lack of progress on a new agreement with pilots at its ABX business would not hold the company back.It ...
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ANA and NCA agree "strategic business partnership" for cargo
Japan's All Nippon Airways (ANA) and Nippon Cargo Airlines (NCA) signed a Memorandum of Understanding (MOU) to build a strategic business partnership based on three key elements: code share, an expanded block space agreement and maintenance support.This new partnership between Japan's largest cargo carriers adds to a growing network of ...
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Air Partner appoints new freight charter sales manager for France
Air Partner has appointed Romain Vasset as freight charter sales manager for the French market.Before joining Air Partner, Vasset gained experience within the aviation and charter industry at PRO SKY as a project manager and at Evolution Jet International as an account manager. Other roles include assistant to the global ...
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Emirates SkyCargo achieves AEO to speed cargo processing
Emirates SkyCargo has become a certified member of the UAE Authorised Economic Operator (AEO) programme.The AEO programme is a voluntary compliance and security scheme designed to secure and facilitate global trade as outlined by the World Customs Organisation (WCO).As an AEO in the UAE, Emirates SkyCargo will benefit from a ...
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UPS sues EC for €1.7bn over blocked TNT takeover
UPS is suing the European Commission for €1.7bn over its decision to block the takeover of TNT in 2013, a decision that was later overturned.In court documents seen by Air Cargo News, the express giant claims the European Commission should compensate it for damages incurred by the decision to block ...
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Finnair Cargo, playing it cool
Finnair Cargo managing director Janne Tarvainen’s 24 years at the airline have seen him occupy a wide variety of roles.He began his career at Finnair in 1994 employed — via GE Aircraft Engines — in a technical role.Initially, he had plans to become a pilot after completing his military service ...
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Air cargo demand grows ahead of expectation in January
Air cargo demand and revenues improved in January, but it is too early to tell whether this foreshadows another strong year for air cargo.The latest figures from WorldACD show that worldwide cargo volumes increased by 8.5% year on year in January, compared with growth predictions for the year of around ...
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Flexport adds scheduled freighter offering
Freight forwarder Flexport will offer "in-house" scheduled airfreight services from April this year following on from its ad hoc charter flights last year.The forwarder said that beginning April 5 it would offer round-trip flights between Hong Kong and Los Angeles twice per week utilising a B747-400F aircraft.The decision to launch ...
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Vallair delivers leased B737-400F to ASL Aviation
Luxembourg-based aircraft trading and leasing company Vallair has delivered a Boeing 737-400F to ASL Aviation Holdings (Ireland).The aircraft recently went through a freighter conversion followed by a “C” Check with integration maintenance performed in the US. The lease term is for 48 months with a 24-month extension option.Gregoire Lebigot, president ...
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NewsAirfreight rates up on 2017 levels in February
Airfreight rates on major transpacific, Asia-Europe and translatlantic routes continued to track ahead of 2017 levels in February, despite demand slackening off.The latest figures from TAC Index show that February airfreight rates on services from Hong Kong to North America increased by 42.5% year on year to $3.62 per kg. ...
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NewsLights on for first runway at Istanbul New Airport: VIDEO
The lights have been switched on for the number one runway at the new Istanbul airport in Turkey which is scheduled to open at the end of October this year (Scroll down for video).The first runway at Istanbul New Airport, claimed to be the world’s largest airport project built from ...
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Airfreight's 'outstanding' 2017 for Kuehne+Nagel
Global freight forwarder Kuehne+Nage (K+N) reported an "outstanding" 2017 for airfreight as it saw tonnages surge by 20.4%, growing twice as fast as the overall market which was already at the highest peak since 2010.Announcing its 2017 full year results, the Switzerland-based logistics giant stated: "K+N’s industry-specific airfreight solutions, for ...
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Year end 2017 cargo surge at Asia-Pacific and Middle East airport hubs
Airfreight tonnages at Asia-Pacific and Middle East airports grew 4.8% and 2.1% respectively in December according to regional airport body ACI Asia-Pacific.Growth continued to be driven by "buoyant demand on exports, improved business confidence and growing e-commerce activities" in the Asia-Pacific region.The top airports for cargo throughput increases were: Hong ...
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January cargo surge for Asia Pacific airlines
Preliminary traffic figures for January 2018 from the Association of Asia Pacific Airlines (AAPA) show that international air cargo markets enjoyed a strong start to the year.Global trade activity “remained robust at the start of 2018”, said the AAPA, with firm demand for consumer, intermediate and investment goods across major ...