Latest news – Page 620
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News
Turkish Airlines third-quarter cargo results rocket up
Turkish Airlines moved 810,489 tons of cargo between January and September this year – an increase of 26.8% over the same nine months of 2016.The Far East, Europe and North America led the way in terms of rising volumes of cargo and mail carried, each with around 30% more than ...
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DHL forwarding's quarterly airfreight volumes up 8% as gross profit declines
Deutsche Post DHL Group (DP-DHL) registered positive results during the third quarter of 2017, with total revenue up 5.6% over like period last year, to €14.6bn.“We had a strong third quarter with record earnings yet again,” said Frank Appel, group chief executive of the Germany-based global mail and logistics company.“All ...
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Virgin's daily Melbourne-HK flights are "timely boost" for a busy market
Virgin Atlantic Cargo said that the upgrade next Sunday to a daily Melbourne-Hong Kong service by Virgin Australia will provide a "timely boost" to meet growing demand for cargo capacity on the route.Virgin Atlantic Cargo provides long-haul international cargo sales and management for Virgin Australia.It said in a statement: "Volumes ...
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ABC in top gear for Maserati Gran Turismo charter
AirBridgeCargo Airlines (ABC) has delivered twenty-eight new Maserati Gran Turismo vehicles on a Boeing 747 freighter.The charter flight from Milan to Tokyo on behalf of Agility Logistics was operated from the largest airport in Milan, Malpensa, to Narita Airport with a stop at Moscow Sheremetyevo Airport.The Maserati cars were handled ...
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IATA chief tells the UK: Expand Heathrow and warns 'the Brexit clock is ticking'
The International Air Transport Association (IATA) has urged the UK Government to shore-up its international air connectivity by focusing on a "cost-effective expansion" of Heathrow Airport and by achieving early clarity on post-Brexit issues.Alexandre de Juniac, IATA’s director general and chief executive, said: "In building the post-Brexit world, the prosperity ...
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FedEx Express orders up to 50 ATR 72-600 production line freighters
FedEx Express has signed a firm purchase contract for 30 ATR72-600s plus 20 options.These eight tonnes cargo capacity aircraft will be the first new ATRs to be directly delivered from the factory in a freighter configuration.Deliveries of the ATR72-600Fs to FedEx Express will begin in 2020.“This new aircraft version, designated ...
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Panalpina consolidates Prague presence
Freight forwarder Panalpina has consolidated its three Prague warehouses into one 7,000 sq m facility at the logistics centre in Pavlov, close to Vaclav Havel airport in the Czech capital.The new facility opened in September and offers services such as Customs clearance for imports and exports, pick and pack, labelling, ...
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Jonathan Clark joining AMI as new chief executive
Menzies Aviation has appointed Jonathan Clark as chief executive of Air Menzies International (AMI), its airfreight and express wholesaler subsidiary. Clark takes up the role in January 2018.He replaces Stephen Koller, who has left the company to pursue other interests.Clark has long experience in the air cargo sector, and over ...
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Network Airline Management and Astral add B747-400F
Network Airline Management (NAM) and Astral Aviation have signed a long-term wet lease with Air Atlanta Icelandic adding a factory-built, nose-loader B747-400F to their existing managed fleet of three MD11Fs.This will enable NAM to develop their presence in Africa, and especially the Kenyan perishables market, adding capacity for flowers and ...
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Qatar Airways takes a 9.6% stake in Cathay Pacific
Qatar Airways has acquired a 9.61% stake in Hong Kong-based Cathay Pacific Airways.Both Cathay Pacific and Qatar Airways collaborate together as members of the oneworld passenger alliance.Cathay's current shareholders, Air China Ltd and Swire Pacific Ltd, will together continue to hold 74.99% shares in the airline. In August, Qatar Airways ...
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Atlas expects strong fourth quarter and solid peak season
US-based freighter lessor Atlas Air Worldwide Holdings (AAWH) is looking to “a strong fourth quarter,” and anticipates “solid peak-season yields and volumes” in year-end 2017.AAWH, which leases B767 freighters to Amazon’s Prime Air overnight parcel airline, announced a loss from continuing operations, net of taxes, of $24.2m, including an unrealised ...
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AirBridge regains Schiphol freighter slots
Russian airline AirBridgeCargo has won back its full tranche of freighter slots at Amsterdam's Schiphol airport after Moscow threatened to withdraw overfly rights for Netherlands-registered aircraft, including those for Dutch airline KLM.ABC said in a statement: "As a result of two-days of negotiations, KLM and ABC have come to an ...
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IAG Cargo supports Monochrome exhibition
IAG Cargo is sponsoring the current Monochrome: Painting in Black and White exhibition at London’s National Gallery and has moved over 50 pieces of artwork from around the world to the venue via its ‘Secure’ service for high-value shipments.The pieces, including works on glass, ceramic, silk, wood and canvas by ...
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UPS joins BiTA for blockchain logistics
US integrator UPS has joined the Blockchain in Trucking Alliance (BiTA) for the development of blockchain technology standards and education in airfreight.Blockchain is a digital database that encrypts information in secure, linked ‘blocks’. According to Linda Weakland, UPS director of enterprise architecture and innovation, it “has multiple applications in the ...
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Two more Turkish Cargo stations achieve pharma standard
Turkish Cargo has gained QEP Accreditation from Envirotainer for its Brussels and Atlanta stations for the quality of its pharmaceutical services.The carrier, which also delivers temperature-controlled medical products via QEP accredited stations in Bombay, Frankfurt, Hyderabad, Seoul, Istanbul and Tel Aviv, has been widening its services to over 300 points ...
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American Airlines adds third non-stop Beijing connection
American Airlines (AA) has launched daily non-stop B787-7 Dreamliner flights between Los Angeles and Beijing – its third direct link with the Chinese capital.AA also flies to Beijing from Chicago and Dallas.Jim Butler, senior vice president–international and cargo at the airline, said: “The new route enhances our expanding Asia-Pacific network ...
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Dachser renews ISO certification
Atlanta-headquartered multimodal transportation service provider Dachser USA has gained ISO 9001:2015 certification for the second year in a row.In other news from the German-owned logistics firm, recently appointed general manager of the South Central region, Erion Hormoviti, is to head up the company’s newly expanded office in Dallas, Texas as ...
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SIA Cargo achieves massive turnaround
SIA Cargo, the freight arm of Singapore Airlines, has successfully turned the tables on its 2016-17 first-half loss of S$45m, posting an operating profit of S$32m for the same period of the 2017-18 financial year.The carrier attributed the result to higher volumes (up 6.1% year on year) as well as ...
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Freighter lessor ATSG: outlook is bright
US-based aircraft lessor ATSG, provider of Boeing 767 freighters for Amazon's Prime Air cargo airline, saw its revenue increase by 31% to $254.1m year-on-year in the third quarter of 2017.Joe Hete, president and chief executive, said the results “reflect growth in our operating fleet and strong double-digit growth in associated ...
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Thomas Knudsen to join Toll Group
Toll Group, part of Japan Post, has appointed Thomas Knudsen to the role of president, global forwarding, commencing in January 2018.Based in Singapore, Knudsen will lead more than 3,100 Toll team members across 26 countries, as well as a network of agents across more than 150 countries, all providing international ...