Latest news – Page 71
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NewsNordic Aviation Group files for bankruptcy
Photo: Number1411/ Shutterstock Estonian Nordic Aviation Group has filed for bankruptcy and ceased operations of its two airlines, Nordica and Regional Jet, which is branded as Xfly. The announcement by Nordic follows the decision by potential investor Lars Thuesen, owner of Danish carrier Jettime, to not proceed ...
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NewsSF Holding raises $749m with 'flat' Hong Kong listing
Source: ACN Newswire Chinese express giant SF Holding raised $749.3m in a listing on the Hong Kong Stock Exchange that will be used to fund plans to expand internationally. The company, which owns SF Express and SF Airlines, said that through the IPO it aimed to “further ...
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NewsLufthansa Cargo and Maersk partner on SAF
Photo: Scharfsinn/ Shutterstock Lufthansa Cargo will use 400 tonnes of sustainable aviation fuel (SAF) on behalf of Maersk in the remainder of 2024 following the signing of an agreement between the two companies to promote the decarbonisation of airfreight through the use of SAF. The expected reduction ...
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NewsairBaltic Cargo places capacity on cargo.one platform
Photo: airBaltic Latvia-based airBaltic Cargo has placed its capacity on cargo.one to enable forwarders across 134 countries to quickly access, quote, book and track its capacity. From winter 2024, freight forwarders using cargo.one will be able to book airBaltic Cargo capacity for general cargo, perishables and temperature-sensitive ...
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NewsHong Kong Airport cargo volumes up as it readies for three-runway system launch
Photo: HKIA Hong Kong International Airport reported a 12.7% year on year increase in cargo volumes in October as it prepares to introduce its three-runway system. Airport Authority Hong Kong (AAHK) reported 442,000 tonnes of cargo in October. Growth was driven by export traffic, said AAHK. “Export ...
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NewsKale joins Cargo iQ
Marie Seco-Köppen, executive director of Cargo iQ. Photo: Cargo iQ Kale Logistics Solutions (Kale) has joined Cargo iQ as a new strategic associate partner, specialising in digitalisation and supporting digital reporting capabilities. The partnership aims to further Cargo iQ’s ambitions to ensure air cargo quality standards are ...
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NewsCamex expands into widebody freighter operations
Photo: Business Wire Camex Airlines has expanded into widebody operations with the delivery of a Boeing 767-300 converted freighter from ATSG-owned lessor Airborne Global Leasing. Until now, the Tbilisi-based airline’s fleet has operated a fleet of three narrowbody Boeing 737-800BCFs. And the carrier has plans to further ...
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NewsTrump reveals plans for tariffs on China, Mexico and Canada
Source; Jonah Elkowitz/ shutterstock US president-elect Donald Trump has provided more details on his plans to levy tariffs on China, Mexico and Canada on his first day back in the White House. Trump, who will be inaugurated on January 20, has said he will sign an executive ...
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NewsConstruction deal signed for the Silk Way Cargo Village
Source: Silk Way Group. Arif Guliyev, Modern Construction (L), and Jawad Dbila, SW AFEZCO Silk Way Alat Free Economic Zone Company (SW AFEZCO) has signed a design and build agreement with Modern Construction Group for the development of the Silk Way Cargo Village. Modern Construction Group will ...
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NewsModern Logistics strikes GSSA deal
Photo: Modern Logistics Brazilian cargo carrier Modern Logistics has chosen ATC Aviation Services to be its General Sales and Service Agent (GSSA) in Latin America. This collaboration supports Modern’s expansion by extending the company’s reach into new markets, including Chile, Argentina, Colombia, Ecuador and Uruguay. Earlier this ...
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NewsFinnair cancels 300 December flights due to pilot strikes
Finnair A350. Source: Finnair Finnair will cancel hundreds of flights on December 9 and 13 as a result of its pilots announcing strike action on those days. The airline said approximately 300 flights would be cancelled on the strike days, while some individual flights in the days ...
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NewsOne fatality after 737F crashes near Vilnius Airport
Photo: Swiftair Preliminary information from Lithuanian police indicate one crew fatality from the four occupants of a Swiftair Boeing 737-400 freighter which crashed north of Vilnius Airport early on November 25. Three other crew members were injured, the police stated, after the aircraft came down near a ...
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NewsCanada's Air Creebec takes delivery of its first ATR freighter
Source: ACIA Aero Leasing ACIA Aero Leasing has sold an ATR 72-500 LCD freighter (MSN727) to Canadian regional airline, Air Creebec. The aircraft is the airline’s first ATR and will enter operations in December 2024, serving Air Creebec’s multiple cargo contracts throughout Canada. Originally converted to a ...
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NewsLATAM Cargo opts for recycled pallets in Chile
Source: LATAM Cargo LATAM Cargo is switching from traditional wood and conventional plastic pallets to recycled plastic pallets made from beverage boxes. The cargo division said that the new pallets are more durable than existing designs - they can last up to 10 years - and will ...
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NewsUpside potential for Amazon's move into air cargo
Source: Amazon Amazon Air’s new third-party service offering will benefit from the airline’s directional imbalance, the increased regularity of its services and the recent expansion at some of its main hubs. In an analysis of the launch of Amazon Air Cargo, Joseph Schwieterman of the Chaddick Institute ...
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NewsTransatlantic air cargo rates increase as passenger airlines reduce services
Source: Supakitswn/ shutterstock.com While rates out of Asia have been flatter than expected in recent weeks, prices on the transatlantic trade lane have taken off as passenger airlines have been reducing belly capacity in line with the quieter winter season and Guarulhos International Airport (GRU) has been ...
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Newse2open partners with WebCargo on air cargo bookings
Image source: Pixels Hunter/ Shutterstock Supply chain software firm e2open will embed air cargo booking portal WebCargo into its Transport Management System (TMS) to expand its offering. The partnership means that freight forwarders that use e2open’s TMS will now be able to view airfreight rates and make ...
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NewsFlexport appoints Sanvicente as SVP Asia Pacific
Flexport has appointed Daniel Sanvicente as senior vice president and head of Asia Pacific. The forwarder said Sanvicente will focus on driving growth and strengthening the company’s regional presence. He brings more than 25 years of leadership experience in the Asian Pacific region. Most recently, he served ...
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NewsSchiphol cargo handlers reach 'milestone' agreement with union
Image: Shutterstock Four major cargo handling firms at Schiphol Airport have reached a “milestone” joint agreement with union FNV over pay rises. The agreement will provide pay rises of an average of 10% over the coming two years for employees at Menzies World Cargo, Swissport, dnata and ...
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NewsDHL and Shell team up on SAF at Brussels
Source: DHL Express DHL Express has signed a deal with Shell to utilise Sustainable Aviation Fuel (SAF) for its aircraft at Brussels Airport. The one-year deal includes the delivery of 25 kilotonnes of fuel to Brussels via a pipeline connected to the airport. The SAF is produced ...