Latest news – Page 751
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News
Air Canada Cargo meets Envirotainer standards at seven stations
Air Canada Cargo has received accreditation from Envirotainer at seven facilities to show it meets certain ULD and cold chain shipment handling standards.The Canada-based airline achieved the Qualified Envirotainer Provider (QEP) accreditation at its main Toronto Pearson Airports hub as well as at its facilities in London Heathrow, Paris CDG, ...
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Envirotainer adds new Delhi station as India's pharma industry takes off
Envirotainer has opened a new ULD station in Delhi to expand the number of facilities to a total of 57 and take advantage of India's growing pharmaceutical industry.“India is a world player in generic drugs manufacturers and API supplier for decades,” said Suat Toh, head of sales Asia Pacific region.“With ...
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TNT tenders shares as next step in takeover by FedEx
TNT Express has tendered 88.4% of its shares for acceptance as part of its proposed takeover by FedEx.The Netherlands-based express firm will announce whether shareholders have unconditionally accepted the offer by no later than May 19.The move comes after China gave its approval for the FedEx-TNT deal in late April.With ...
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Boeing video to celebrate company's centenary
Boeing has produced a video to celebrate the plane maker’s its 100th anniversary.Said Boeing: “This milestone has given us the opportunity to step back and reflect on the unique achievements and impact that the people of Boeing have made since July 1916.“The centennial celebrations have already produced a range of ...
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Hong Kong sees 'slight growth' in April's cargo volumes
Hong Kong International Airport (HKIA) recorded a “slight growth” in cargo volume during April, up by 1.2% on the same month 2015 to 365,000 tonnes.A spokesman for the number one air cargo hub said: “The growth in cargo throughput last month was mainly attributed to a 10% year-on-year growth in ...
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NewsEuropean monthly: A new hope as European airlines return to growth
Europe’s major cargo carriers have seen cargo volumes return to growth in April after a difficult start to the year.All four major European airlines monitored in the Air Cargo News monthly spotlight recorded a year on year increase in demand in April for the first time since March 2014.It follows ...
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IAG's double-digit Middle East capacity expansion
IAG Cargo is hoping economic growth in Bahrain and the Qatar 2022 football world cup project will help fill a double-digit expansion of capacity on its Middle East services.The airline has announced that from winter 2016, it will separate its current Abu Dhabi and Muscat service into two flights and ...
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Pelican picks Singapore for Asian HQ
Pelican BioThermal, a provider of temperature-controlled packaging solutions for the life sciences industry, has opened a new Asia headquarters in Singapore.The location will be the central base for the company’s Asia sales office, Credo on Demand rental fleet depot and be the regional distribution hub for their Credo reusable and ...
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Syberg joins Cargolux in global logistics role
Cargolux has appointed Lars Syberg as its new executive vice president of global logistics.Syberg will take over his new position on June 6, becoming in charge of the company’s ground handling, warehousing and distribution activities.Lars Syberg joins Cargolux from Zebra–Retail, where he was responsible for the global supply chain. He ...
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NewsLEGO scores a hit with airfreight
LEGO kits are now the latest marketing craze for the air cargo industry, with Heathrow Airport and Volga-Dnepr using the famous Danish-made toy bricks as the must-have exhibition stand accessory.Pictured with his company’s innovative LEGO view of bellyhold capacity is Nick Platts, the head of cargo at Heathrow Airport.The give-aways ...
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NewsCargojet returns to profit in Q1
Cargojet’s contract with Canada Post finally started to pay dividends in the first quarter of this year as the company returned to profit.The Canada-based aircraft lessor and operator saw first quarter revenues increase by 42.1% year on year to C$76.9m, while it recorded a net profit of C$4.4m compared with ...
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DSV's UTi acquisition sees airfreight soar but profits take a hit
DSV Air & Sea has recorded drastically improved airfreight volumes as its latest acquisition, UTi, is included in its opening quarter results for the first time.During the first quarter of the year, DSV, which recently won the Air Cargo News forwarder of the year award, saw airfreight volumes increase by ...
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ATSG reports on first-quarter upturn and positive Amazon effect
Air Transport Services Group (ATSG), the Wilmington, Ohio-based provider of medium wide-body freighter aircraft leasing and transport services, has revealed its first-quarter financial results, reporting improved revenue compared to the same period of 2015 as well as record adjusted earnings for a first quarter.Over the three months up to March ...
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K+N stalwart Scharwath looks for new challenge
Tim Scharwath, the member of the Management Board of Kuehne + Nagel International (K+N) responsible for global airfreight, is to leave the company within the next 12 months in order to “take on a new challenge”, a statement from the global supply chain giant has confirmed.During his 24 years with ...
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Simonet takes the helm at Belgian gateway
Marie Dominique Simonet has been appointed president of Liege Airport, succeeding José Happart, who becomes senior vice-president.According to Simonet: “Liege Airport is a success story which has brought Liege and Wallonia to the international scene.“There are several significant challenges ahead: airport security, relationships with the federal and Walloon authorities (Belgocontrol, ...
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April surge for Frankfurt cargo volumes
Frankfurt Airport has returned to cargo volume growth for the first time in the current business year with a 5% surge in April to 181,948 tonnes.Europe’s number one hub by cargo throughput said that Far East traffic was the main growth driver last month, with cargo tonnage to/from this region ...
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American hits the highs in April
American Airlines flew a total of 202,473 cargo ton-miles in April, up by 5.5% on the same month of last year.The carrier flew 745,889 cargo ton-miles over the first four months of this year, just a marginal 0.1% increase on the same period of 2015.American Airlines made cargo-related revenue of ...
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Heathrow sets out plan to meet concerns over expansion
Airport operator Heathrow Airport Limited has today (11 May) laid out how it believes it can exceed the Airports Commission’s conditions for expansion and urged the prime minister to give the go-ahead for a third runway at the nation’s busiest air gateway.Heathrow's plan comes just a week after a UK ...
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Deutsche Post DHL enjoys strong first-quarter profit, but airfreight demand slides
Deutsche Post DHL Group (DP-DHL) increased its earnings before interest and tax (EBIT) by an impressive 21.3% year on year to reach €873m in the first quarter of 2016, but airfreight volumes declined.However, revenue fell year on year by 6.1% to €13.9bn, due in large part to negative currency effects, ...
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ACI reports disappointing freight traffic figures
Airports Council International (ACI), the European airport trade body, has released statistics showing that freight traffic across its European airport members increased by 2.1% in the first quarter of 2016 compared to the same period of last year.All of that growth was moved across airports based in EU countries; amongst ...