Middle East – Page 24
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NewsLogistics industry remains optimistic on emerging market growth despite free trade concerns
The transport and logistics industry remains optimistic about future growth in emerging markets despite concerns the world could retreat from free trade.The 2017 Emerging Markets Index from Agility and Transport Intelligence (Ti) showed that 53% of respondents agreed with the International Monetary Fund’s estimate that emerging markets would grow by ...
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Dubai's 2016 cargo finale recovers after Q3 lull
Dubai International Airport (DXB) shrugged off a third quarter cargo lull to rebound with a 3.4% rise in 2016 full year volumes to just under 2.6m tonnes.After registering a “contraction throughout the third quarter,” cargo volumes at the Middle East hub recovered in the last three months of 2016, rounding ...
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Etihad's Hogan to step down in second half of 2017
James Hogan will step down as president and chief executive of Etihad Aviation Group in the second half of 2017.Hogan will join an investment company along with Etihad Aviation Group chief financial officer James Rigney, who will also leave the company later this year. A global search for their replacements ...
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Lufthansa Cargo increases offering from Sharjah Airport to Hong-Kong
Lufthansa Cargo and Sharjah Aviation Services have launched a twice weekly MD-11 freighter linking the Middle East hub with Hong-Kong.The German carrier's main-deck connections will operate on Tuesdays and Saturdays from Sharjah during the 2016/17 winter schedule.Handling agent Sharjah Aviation Services is one of the largest air service providers in ...
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Etihad: not looking to take a stake in Lufthansa - official statement
Etihad has denied press speculation that it is looking to take a stake of between 30%-40% in German carrier Lufthansa.An Etihad Airways spokesman told Air Cargo News: "We can confirm that we are not looking to take a financial stake in Lufthansa.”This official quashing of rumours, which started in the ...
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Etihad's Hogan attacks critics of partnership strategy as core element for growth
Etihad Aviation Group’s president and chief executive, James Hogan, has hit out at critics of the Middle East carrier’s partnership strategy, describing it as a “core element of the growth of the business”.Hogan, delivering a keynote speech at the Global Airfinance Conference in Dublin, said that the strategy had resulted ...
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Lufthansa and Etihad hold merger talks, according to reports
Market reports suggest that airline giants Lufthansa and Etihad could be holding merger talks.Unconfirmed reports in Italy’s Il Messaggero newspaper suggest that managers from the two companies have spent the last few weeks examining the possibility of Etihad taking a 30%-40% stake in the airline through the sale of new ...
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Year of steady growth for dnata
Dubai-based passenger and cargo handler dnata has called 2016 a “year of steady growth” despite challenges in the aviation industry and “increased economic pressures around the globe”.The Emirates Group ground handling subsidiary closed 2016 with 419,133 tonnes of cargo at Dubai International Airport (DXB) which is a monthly average of ...
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Saudi to open bidding process for second cargo operations at King Khalid airport
Saudi Arabia’s General Authority of Civil Aviation (GACA) has confirmed that the bidding process for a second cargo operator's licence at King Khalid International Airport (KKIA) in Riyadh will start in February 2017.GACA also confirmed that future investment opportunities in Saudi Arabia will include “full cargo airports,” with details to ...
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October cargo surge for airports in Asia-Pacific and the Middle East
October 2016 saw airports in both Asia-Pacific and Middle East continue a strong airfreight performance with cargo throughput increases of +10.2% and +11.5% respectively.The airfreight surge came “despite global trade growth remaining weak” according to Airports Council International Asia-Pacific's latest monthly report.It stated: “In Asia-Pacific, the surge in volume in ...
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Etihad to cut jobs and review its European airline investments says Reuters
Middle East Gulf carrier Etihad Airways has announced a range of job cuts and "controlled restructuring" amid speculation that its investment strategy in European airlines looks set for review.Reuters news agency, quoting "company and industry sources", reported that Abu Dhabi-based Etihad is "seeking an exit" from the investments.In tandem with ...
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Emirates SkyCargo expands US network to Fort Lauderdale
Emirates SkyCargo has added Fort Lauderdale, Florida, to its network of US destinations with the launch of a daily Boeing 777-200LR passenger service with bellyhold capacity.Emirates SkyCargo also offers belly hold cargo capacity on its daily passenger service to Orlando, Florida, bringing the total cargo capacity offered to the state ...
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Qatar to add four freighter destinations in the Americas
Qatar Airways Cargo will launch twice weekly Boeing 777 freighter operations to four new destinations in the Americas, starting in early February 2017.The freighters will fly to the South American cities of Buenos Aires, Sao Paulo, Quito (the latter subject to governmental approval) and Miami in the US.They will depart ...
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Iran Air reaches 80 aircraft agreement with Boeing
Iran Air has made further moves to re-position itself on the global stage with an agreement for 80 aircraft from Boeing.The aircraft in the agreement have a list price of $16.6bn and include 50 Boeing 737 Max 8s, 15 B777-300ERs and 15 B777-9s.The agreement follows on from an order for ...
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Qatar Airways announces further network expansion plans
Qatar Airways has confirmed that it will launch a further eight new passenger destinations in 2017-18, in addition to the seven that it had already announced.The newly confirmed connections will be from Doha to: Canberra (the airline’s fifth destination in Australia), Dublin in Ireland, Las Vegas (its 11th destination in ...
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Etihad Cargo hits the highs
Etihad Cargo carried more freight in October than in any other month in its history, flying a total of 53,785 tonnes.This figure surpassed by 501 tonnes its previous best, achieved in November 2014.According to the freight wing of the UAE’s flag-carrier, growth in perishables traffic from Africa, increased US imports ...
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Saudia Cargo looks to Bangladesh and Kenya
Saudia Cargo has been reporting strong improvements in demand on its Kenyan and Bangladesh services over recent months.The airline’s vice president commercial, Rainer Mueller, told Air Cargo News that at the start of October it had increased its capacity from Kenya by 25% through the addition of new freighter flights ...
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Royal Jordanian takes delivery of sixth B787
Royal Jordanian (RJ) has taken delivery of its latest – its sixth – Boeing 787 Dreamliner.The aircraft flew into Amman, RJ’s home hub, direct from the Boeing manufacturing facility in Seattle on the west coast of the US.This aircraft and a seventh B787, expected to join the RJ fleet at ...
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Top gear for Emirates classic car transport (Video)
Emirates SkyCargo has launched a specialised transportation product for high value automobiles as classic, luxury and sports cars.Emirates SkyWheels will provide a “complete transportation solution”, with customers able to choose between Emirates SkyWheels Premium and Emirates SkyWheels Advanced.The customisable Premium product package covers door-to-door transportation of the vehicle from select ...
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Etihad Cargo expands freighter services in Europe
Etihad Cargo has launched three Boeing 777 freighter services from Europe.The Abu Dhabi-based carrier has started the services from East Midlands and Stansted airports in the UK and from Copenhagen in Denmark.David Kerr, senior vice president of the Middle East airline’s cargo division, said: “We have responded to our customers’ ...