Latest news – Page 752
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News
MAG cargo traffic on the up in April
Cargo traffic across the gateways operated by Manchester Airports Group (MAG) rose year on year in April, with London Stansted recording an impressive 12.6% improvement in freight tonnage (20,826 tonnes) passing through the gateway in April compared to the same month of 2015.At 9,202 tonnes, Manchester Airport’s freight traffic was ...
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AF-KLM reveals stable April freight figures
Air France –KLM Cargo (AF-KL Cargo) flew 709 million revenue tonne-km in April this year, up by 0.9% on the same month of 2015.And, with capacity down by 2% year on year to reach just less than 1.2 billion available tonne-km, the load factor rose by 1.7 percentage points to ...
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Alitalia to boost trade ties with Cyprus through new air link
Alitalia is to launch new Airbus A320 services to Larnaca, Cyprus, from the Italian capital on 8 June.While the A320 is not known for its cargo capacity, an Alitalia statement pointed to the flights being important to “the further development of trade” between the two countries.Italy is one of Cyprus’s ...
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Australia relaxes ban on Bangladeshi imports
It has been widely reported that Australia has relaxed its embargo on air cargo coming in directly from Bangladesh.Apparently, Canberra has given the green light to air freight flying in from Bangladesh as long as it transits via a First World country.Late last year, on December 19, the Australian Government ...
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Air Canada renews Unisys contract
Air Canada Cargo has extended its agreement with Unisys Corporation to employ the latter’s cloud-based Logistics Management System (LMS) to manage its domestic and international cargo services,The deal also covers Unisys’ Cargo Portal Services multi-carrier air cargo booking portal and its In-transit Service Manager, a time-based supply chain event management ...
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West Atlantic battles through tough conditions
West Atlantic, the Gothenburg-headquartered dedicated cargo airline specialising in integrated mail and express freight solutions, has reported fairly positive results for its 2015 operations, despite facing market headwinds.Over the course of the year, West Atlantic undertook almost 27,000 flights across a network of approximately 50 scheduled destinations, mostly in support ...
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Reports suggest HNA could invest in CWT Logistics stake
Chinese conglomerate HNA could be about to expand its freight business as reports suggest it is set to launch a bid to take a controlling interest in CWT Logistics.Reports emerged last week that HNA, which has stakes in several airlines, including Hainan Airlines and Tianjin Airlines, and logistics businesses, is ...
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Agility reports generally positive first quarter
Integrated logistics services provider Agility has revealed its financial results for the first quarter of 2016, highlights including a net profit of KD13.1m ($43.5 million) – an increase of 10.9% over the first quarter of 2015.However, revenue fell to KD298.8m ($991.25m), a 6.1% decrease over the same three months of ...
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Investec closes $1 billion A380 aircraft deal with Emirates
The aviation financing arm of Investec Bank’s has completed an operating lease transaction with Emirates Airline worth a cool US$1bn.The deal facilitated the delivery and sale and leaseback of four A380-800s to Emirates over the course of the past four months. The aircraft involved are of 2013 and 2016 vintages, ...
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Emirates revels in record profits, but cargo yield on the slide
The Emirates Group has revealed record results for its 2015-16 financial year (the period ending 31 March).In what was the Dubai-based carrier’s 28th consecutive year of profitable operations, both Emirates Airline and dnata, the aviation service provider that forms part of the group, achieved their highest-ever profits.The Emirates Group made ...
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Liege opens first class lounge for four-legged VIPs
Liege Airport has officially opened a ‘Horse Inn’ for travelling equines, aiming to tap into growing demand for purpose-built resting and loading areas.The €2.6m facility will cater for all horses in transit at the Belgian gateway, whether by air or road.Liege Airport is also sponsoring top Belgian show jumper and ...
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Etihad's Hogan to become aviation group president and chief executive
James Hogan, who has served as Etihad Airways' president and chief executive since September 2006, has been appointed Etihad Aviation Group president and chief executive.The new management structure was announced by the Etihad Aviation Group board of directors, under the chairmanship of Mohamed Mubarak Al Mazrouei.Reporting to Hogan, the new ...
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Parma to be Etihad cargo hub
Etihad Airways has signed an exclusive agreement to develop cargo traffic at Parma airport in central Italy.The deal initially includes setting a transit centre at Parma Giuseppe Verdi to receive cargo for forwarding to Milan Malpensa Airport for onward transport.The new hub will feed traffic to and from flights operated ...
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CSafe appoints new sales director
ULD firm CSafe Global has appointed Sébastien Berrous as director of sales for France and Spain.As part of a vigorous expansion drive, which is seeing CSafe Global open new operational service centres around the world, Sébastien Berrous will be responsible for the company's overall business in France and Spain.Nadine Siqueland, ...
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Air New Zealand agrees to $35m in US air cargo cartel payout
Air New Zealand is the latest airline to reach a settlement with plaintiffs in the ongoing air cargo cartel lawsuit in the US.On Sunday, lawfirm Kaplan Fox & Kilsheimer (KFK) announced that the airline had reached a $35m settlement, subject to court approval, pushing the total amount raised through agreements ...
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Saudia Cargo and Virgin Atlantic Cargo to expand partnership in the US
Saudi Airlines Cargo is hoping to expand its presence in the US through a new partnership with Virgin Atlantic Cargo.The deal will see Saudia Cargo offer its customers space on Virgin Atlantic Airlines flights in the US, particularly for cargo that requires special attention, such as flowers, fruit and seafood.Saudia ...
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LCI leases freighters to Turkish operator
LCI, the aviation leasing arm of the Libra Group, has increased its fleet of dedicated maindeck freighter aircraft.Two additional Boeing 747-400F aircraft are now flying for Qatar Airways and Saudia, Saudi Arabian Airlines, and are being operated by ACT Airlines, known as myCARGO Airlines, the Turkish wet-lease operator.The two Pratt ...
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Next Pegasus Cargo conference revealed
Pegasus Cargo, is hosting its sixth International Transport and Logistics Conference for the first time in Izmir on 12-13 October.The conference, in partnership with Dokuz Eylul University’s Maritime Faculty Department of Logistics Management, will take place on the university’s Tinaztepe Campus. The conference will be attended by numerous company spokespeople ...
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UK forwarders latest to urge action on runway decision
UK forwarder association the British International Freight Association (BIFA) has backed a Transport Committee report urging the government to make a decision over airport expansion.BIFA director general Robert Keen said that the 1,500 companies within BIFA share the Transport Committee’s belief that the delay risks damaging UK economic growth by ...
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UPS appoints Ireland chief
UPS has appointed Elisabeth Rodriguez as its country manager for UPS Ireland. A 16-year veteran of the express carrier, she takes over from Andy Smith who becomes transportation operations manager for the UK, Ireland and Nordics District, based out of London.Rodriguez started her career at UPS in 2001 in Dublin ...