Latest news – Page 619
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Air Hong Kong and DHL confirm freighter sale and leaseback deal
Air Hong Kong (AHK) and DHL have entered into a sale and leaseback transaction for eight Airbus A300-600F freighter aircraft and associated equipment.AHK is selling the aircraft to DHL for HK$2.2bn (subject to adjustment), which will be leased back by DHL to AHK.The sale and leaseback was first announced in ...
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Ethiopian Airlines orders four Boeing 777 freighters
Ethiopian Airlines is expanding its extensive freighter fleet with an order for four Boeing 777 freighters in a deal valued at more than $1.3bn at list prices.The deal includes a new order for two freighters. It also includes two freighters the major African airline announced as a commitment in June, ...
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AEI to convert three more MD-83S freighters for Mexico's Aeronaves
Aeronautical Engineers, Inc. (AEI) has signed a contract to provide Mexico-based Aeronaves with three additional MD-83S freighter conversions.The first MD-83 aircraft will commence modification on December 11, followed by the second MD-83 in February of 2018 and then a third MD-83 in late April, 2018.All the AEI MD-83SF modifications will ...
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Amerijet extends NAS and ANA contracts to cover Malta and Dubai
Amerijet International has extended its GSA contract with Network Airline Services (NAS) to include Malta, while sister firm ANA Aviation Services has won the deal to cover Dubai.Florent Turlier, business development director of Network Aviation Group, of which NAS and ANA are GSA branches, said: “Our global network of offices ...
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Network Airline Services extends Kenyan handler contract
Network Airline Services (NAS) has signed a two-year contract extension for Africa Flight Services Kenya (AFS Kenya) to provide cargo handling for NAS' four freighter flights a week into Nairobi.AFS Kenya will handle some 11,500 tonnes of cargo a year for NAS’ MD-11 and Boeing 747 freighter operations, which arrive ...
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Profits on the up at Cargojet
Cargojet continued to report improving financial figures in the third quarter of the year thanks to the start of flights between the US and Canada in April.The aircraft lessor and operator saw revenues for the period increase by 10.8% year on year to C$89.4m, earnings before interest, tax, depreciation and ...
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UK airport trio notch up October cargo rises
MAG, the UK airports group, reported healthy cargo growth during October at its Manchester, London Stansted and East Midlands hubs.Cargo volumes at Stansted airport during October were up 3.0% on last year with more than 23,000 tonnes of goods passing through the airport’s cargo facility. The annual total increased by ...
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Azerbaijan Airlines commits to freighter order
Azerbaijan Airlines has committed to buy "two large freighters", either Boeing 747-8Fs or Boeing 777Fs, as part of a deal with the US planemaker that saw a confirmed order for five B787-8 Dreamliner passenger jets with a total current list-price value of $1.9bn.The freighter commitment will be "finalised at a ...
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VIDEO: Air New Zealand: new track and trace technology
Air New Zealand (ANZ)is installing over 5,500 Bluetooth tags on its cargo containers, pallets and ULDs – plus more than 100 readers at 29 airports.The new technology will make tracking and analysing the movement of the carrier’s cargo shipments and equipment easier, as tagged items will automatically update an online ...
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Expeditors: air cargo volumes rise 12% in third quarter 2017
Washington, Seattle-based global logistics company Expeditors International saw its airfreight tonnage increase by 12% year on year in the third quarter of 2017.Airfreight revenues for the three months totalled US$735,164, 18% more than the same period of 2016. Costs also rose, however: airfreight operating expenses stood at 547,595 (a year-on-year ...
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EVA receives first new B777F
Taiwan’s EVA Air has taken delivery of its first Boeing B777 freighter.The carrier intends to deploy the new freighter on routes linking its Asia network (which includes Shanghai Pudong, Shenzhen, Chongqing, Hong Kong, Osaka, Singapore, Bangkok, Penang and Hanoi) with destinations that it serves in North America (Los Angeles, San ...
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AAT takes over Hong Kong Airlines cargo handling
Asia Airfreight Terminals (AAT) has begun handling cargo for Hong Kong Airlines and its freight subsidiary Hong Kong Air Cargo at their home hub in the Special Administrative Region.The agreement had been announced in March but only came into effect on 8 November.Kuah Boon Kiam, general manager for AAT, said: ...
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Frankfurt cargo volumes inch ahead in October
There were mixed results at Frankfurt, Europe’s second-busiest airfreight gateway, in October.While its passenger activity was strong, Frankfurt airport’s cargo throughput inched upward by just 0.7% year on year in October, reaching 192,263 tonnes. Including mail, the total was up 0.6% at 195,230 tonnes.On the plus side, Frankfurt airport gained ...
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Heathrow and Gatwick announce record cargo results in October
London’s Heathrow airport had a “landmark” October for cargo, handling more than 150,000 tonnes in a month for the first time since records began.October’s 154,492 tonnes registered a year-on-year rise of 9.2% at the UK’s number one cargo hub and its 15th consecutive record monthly throughput.The same month also saw ...
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TP3 Global launches SilverQuilt thermal cover
Thermal cover supplier TP3 Global has launched SilverQuilt, its next-generation solution for the protection of temperature-sensitive cargo.Peter Lockett, director at TP3 Global, observed: “Breaks in the cold chain are a serious issue for the pharmaceutical supply chain, with valuable stock often sitting on the tarmac for hours at a time.”SilverQuilt, ...
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Emirates SkyCargo's half year volumes up 5%
Emirates SkyCargo saw a 5% rise in cargo volumes to 1.3m tonnes for the financial half year while yields improved by 8%.Dubai parent Emirates Group, announcing the six month results to end of September 2017, said of the airfreight arm: "This solid performance speaks to Emirates SkyCargo’s recent investments in ...
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ACI board names Bongani Maseko new chair
Bongani Maseko, chief executive of Airports Company South Africa, has been appointed to the post of chair of the world governing board of Airports Council International (ACI) for a two-year term following a vote at the recent ACI Africa/World General Assembly in Mauritius.Maseko has been with Airports Company South Africa ...
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Qatar Airways keeps passengers and pets together
Qatar Airways has made it easier for passengers to travel on the same flight as their pets into and out of its home hub of Doha, by lowering the price and more than doubling the permitted weight of animals being transported as baggage on its passenger aircraft.The weight allowance for ...
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Hats the way to do it: CargoLogicAir satisfies oil and gas demand
British all-cargo airline CargoLogicAir has had a busy time since it launched its first scheduled services in mid-August, due to strong demand from the oil and gas industry for capacity from the US to the Middle East.The twice-weekly Boeing 747-400 freighter flights between London Stansted and Mexico City operate via ...
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Nippon Express: export growth slows
Nippon Express moved 23,313 tons of outbound air cargo from Japan during October, 16.5% more than the same month of last year.It was the fifth consecutive month of growth in 2017 for the Tokyo-headquartered multimodal logistics company. However, the level of increase has been falling since May when it registered ...