Latest news – Page 760
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News
Atlas Air Worldwide completes Southern Air acquisition
Atlas Air Worldwide Holdings has completed its acquisition of Southern Air Holdings in a deal worth $110m.The deal, which was funded with cash on hand, was first announced in January this year but was finally completed today.Atlas said the deal would provide it entry into the Boeing 777 and B737 ...
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Kerry Logistics appoints Ronnie Kempf as boss in Germany and Switzerland
Kerry Logistics has appointed Ronnie Kempf as the new managing director for Germany and Switzerland.Kempf took up his new position on April 1 and is based at the Kerry Logistics Europe headquarters in Frankfurt/Main, Germany.From here, he will run the operative business in Bremen, Hamburg and Frankfurt as well as ...
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NewsAirfreight demand and load factors take a tumble in February
Air cargo demand and load factors slipped in February but figures are skewed by strikes at US seaports last year and the date of the Chinese New Year.The latest IATA figures show that freight tonne kms (FTKs) slipped by 5.6% year on year in February while capacity was up by ...
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CargoLogicAir to fly Beirut freighter for ABC
AirBridgeCargo Airlines (ABC) is furthering its partnership with UK-registered CargoLogicAir (CLA) by launching a weekly Boeing 747 Middle East freighter link to Beirut out of London-Stansted via Amsterdam.The Beirut service is due to begin on April 17 and extends the operational contacts between Stansted-hubbed CLA and Russian-owned ABC.CLA conducted its ...
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NewsHong Kong holds on to hub top spot
Hong Kong International Airport (HKIA) remains the world's largest air cargo hub, said Airports Council International (ACI) in its preliminary world airport traffic rankings.Cargo at the Asian gateway was up 0.4%. Memphis in the US was second (up 0.8%), followed by Shanghai Pudong Airport, which was up 2.9%.Other highlights were ...
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Kestrel Liner Agencies opens dedicated airfreight office
Shipping line agency Kestrel Liner Agencies has opened a dedicated airfreight office following on from recent growth in the air cargo side of the business.The forwarder opened an office at Heathrow earlier this month with John Fiddies, who previously worked for forwarder Link Shipping UK, running the operation.Kestrel chief executive ...
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AF-KLM's de Juniac to lead IATA from June
Another high ranking Air France-KLM executive is leaving the airline as boss Alexandre de Juniac has been announced as the successor to IATA chief executive and director general Tony Tyler, who is retiring.After confirmation by the IATA annual general meeting in June, de Juniac will take up his duties after ...
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NewsChennai airport prepares for role as aid and relief hub
A four-day “Get Airports Ready for Disaster” (GARD) workshop is underway at India's Chennai International Airport to help prepare for its role as an aid and relief hub during natural disasters.The workshop has been launched by Deutsche Post DHL Group and the United Nations Development Programme (UNDP).After a natural disaster, ...
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Metro Supply Chain buys Evolution Time Critical
Canada’s Metro Supply Chain Group has acquired Evolution Time Critical, the Europe-based specialist in automotive emergency logistics.The deal — financial terms were not disclosed — provides 3PL provider Metro with an opportunity to increase its automotive industry presence beyond North America.“We have the platform from which to expand our capabilities ...
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Emirates launches MD-11 freighter to Phnom Penh
Emirates Skycargo has launched a weekly freighter service to Phnom Penh, the capital of Cambodia, becoming the Middle East carrier’s thirteenth all-cargo destination in the Far East.The Dubai-hubbed operator will start the service with a leased MD-11 freighter aircraft, providing dedicated outsourced capacity for 80 tonnes of cargo. The aircraft’s ...
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Aircraft orders monthly: Pegasus and Air India place orders in March
Each month Air Cargo News analyses the latest aircraft orders, both passenger and freighter.Pegasus Airlines orders five 737sTurkish low-cost carrier Pegasus Airlines and Boeing have finalised an order for five Next-Generation Boeing 737-800s in a deal valued at approximately $505m based on expected list prices at delivery.Pegasus Airlines and its ...
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Volga-Dnepr powers up on Chapman Freeborn mission
Moscow-headquartered Volga-Dnepr Airlines has flown a 19-ton welding system as part of a larger shipment delivered to Malaysia on behalf of air charter broker Chapman Freeborn.The cargo was needed to support repairs being made at one of the country’s biggest electricity power stations, a facility that provides electricity to the ...
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ACSV goes with Hermes air cargo management system
Air Cargo Services of Vietnam (ACSV) is to operate the Hermes air cargo management system in its freight warehouse at Hanoi’s Noi Bai International Airport.Hanoi-based ACSV, the Vietnamese handler formed after the privatisation of Air Cargo Services Co (ACS) in June 2015, and the owner of Noi Bai Cargo Terminal, ...
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ICAO symposium addresses aviation industry’s competition and regulatory issues
The third International Civil Aviation Organization (ICAO) Air Transport Symposium saw attendees discuss a range of issues relating to competition and regulation.Secretary general Dr Fang Liu opened the event, saying: “Air transport has become an essential component of our global society and aviation is a crucial driver of economic, social ...
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Qatar Airways continues to grow its cargo network coverage
Recent additions to the Qatar Airways passenger network are also helping the Middle East airline’s cargo operation to spread its wings to new destinations.In mid-March, Qatar Airways launched an Airbus A350 service from its home base, at Doha’s Hamad International Airport, to Logan International Airport in Boston.The daily, non-stop connection ...
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Iraq’s Najaf looks to security with X-ray screening systems
Iraq’s Najaf International Airport has ordered a Z Portal cargo screening system and a number of parcel inspection systems from Massachusetts, US-headquartered American Science and Engineering (AS&E). The equipment will provide Najaf Airport with capability to scan incoming vehicles and baggage for weapons, vehicle-borne improvised explosive devices (VBIEDs), drugs, and ...
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Alaska Airlines confirms Virgin America purchase
Alaska Air Group, parent company of Alaska Airlines, and California-headquartered Virgin America have confirmed their boards of directors’ approval of a deal under which the former will acquire Virgin America’s shares for $2.6bn; including Virgin America’s debt and aircraft lease obligations, the transaction is valued at approximately $4.0bn.The merger will ...
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Opportunity still knocks in Africa, says DHL
Africa has been dubbed the last frontier for economic development during the past few years. But in the recent economic downturn, does the continent still offer opportunity to investors, asks DHL.While the latest World Bank figures show economy growing at only 3.4% in 2015, its lowest since 2009 and well ...
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Heads in the ash clouds
Scientists at Liverpool and Munich Ludwig Maximilian universities are getting their heads together to try and prevent another ash cloud debacle similar to the one that shut done much of Europe’s airspace in Spring 2010.The boffins – or volcanologists to give them their correct, rather groovy, title – say that ...
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The car’s the star(let)
Norwegian Cargo has shipped ten zero-emission Buddy electric cars and six bikes from Oslo to Toronto for a Hollywood movie. The Buddy car, which measures just 8ft long, will star in a Paramount Pictures, Alexander Payne-directed film called, appropriately enough, Downsizing, starring Matt Damon.The low-cost airline’s cargo division moved the ...