Region – Page 120
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NewsAsia-Pacific and Middle East airports see cargo declines in December
Source: ACIAsian-Pacific airports saw a 2.5% decline in airfreight volumes during December 2018 while Middle East airports registered a 0.9% fall.Airports Council International (ACI) Asia-Pacific, posting its 2018 year end and full year traffic analysis, said that the December decreases were due to a “weakened global economy, reduction in exports ...
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Air France-KLM board to "closely monitor" the Dutch government's increased shareholding
Air France-KLM Group's board will “closely monitor” the surprise move by the Netherlands government to more than double its stake in the Franco-Dutch airline to 12.68%.In a shares swoop valued at an estimated €700m, the Dutch state increased its original 5.8% stake without any consultation with either the airline board ...
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Singapore airfreight down in January
Singapore's Changi Airport saw airfreight throughput decline for the second month in a row, with January's volumes falling 2.4% to 171,000 tonnes.January's decline follows a fall of 3.8% in December 2018 to 182,000 tonnes, versus the same month in 2017.In full year 2018, Changi saw airfreight throughput increase by 1.4% ...
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Cathay keeping its eye on growth after a soft start to 2019
Cathay Pacific Cargo saw a softer start to 2019 after a record-breaking 2018 but is seeing market demand "picking up gradually" after the Chinese New Year.Frank Yau, head of cargo sales at the Hong Kong-based carrier, writing in the Cargo Clan magazine, also announced the introduction from March of "a ...
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IAG Cargo revenue rise in 2018 but a challenging year ahead
IAG Cargo reported full year 2018 commercial revenues of just under €1.2bn, an increase of 7.2% on 2017 at constant currency, and said that 2019 looks set to be “a more challenging year”, with airfreight capacity growth outpacing demand increases.Overall yield for the year was up 8.1% at constant currency. ...
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Edelweiss partnership with Swiss WorldCargo continues to flourish
Swiss airline Edelweiss and sister company Swiss WorldCargo have agreed to continue their partnership.The agreement, effective since the beginning of 2019, will see Swiss WorldCargo continue to market and sell Edelweiss freight capacity.Swiss WorldCargo will maintain responsibility for managing the belly cargo on the entire fleet of Edelweiss and sister ...
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Panalpina shareholder battle continues with voting right dispute
Panalpina’s second largest investor has hit out at plans to change shareholder voting rules as the battle to control the future of the forwarder continues.Earlier this week majority holder, Ernst Göhner Foundation (EGF), which holds around 46% of the company, submitted a request a request that the company change to ...
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NewsSorted: DHL Express expands Madrid hub with €93m investment
DHL Express has opened a new facility at Madrid’s Barajas Adolfo Suarez Airport to strengthen the Spanish hub’s importance for international commerce, especially between Europe and Latin America.The 14,500 sq m building, including offices, will quadruple DHL Express’ capacity in Madrid with “high-quality infrastructure and the newest technologies,” enabling 24,500 ...
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Asia Pacific carriers report weak January for international cargo
International air cargo markets weakened further in January 2019, with Asia Pacific airlines seeing demand fall 3.8% year on year in freight tonne kilometres (FTK).Releasing its preliminary traffic figures for the month, the Association of Asia Pacific Airlines (AAPA) said that the decline in airfreight was due to “global new ...
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NewsIAG Cargo opens constant climate centre in Madrid
IAG Cargo has opened a pharmaceutical centre in Madrid airport, dedicated to its Constant Climate product for time and temperature-sensitive life sciences products.Work on the new Spanish facility began in June 2018 and is the latest addition to IAG Cargo’s Madrid hub, which handles over 250,000 tonnes of cargo per ...
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Liverpool and Leipzig in automotive alliance for a no-deal Brexit
Liverpool and Leipzig will join air cargo capabilities to maintain automotive supply chains in the case of a no deal Brexit when the UK leaves the European Union at the end of March.Wynne Aviation, based at Liverpool John Lennon Airport, and Germany’s Leipzig Airport, along with Airport Park Leipzig Halle, ...
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Emirates uses technology to increase Kabul cargo capacity
Emirates Flight Operations has developed a navigation technique that allows the Middle East-based airline to carry additional bellyhold cargo into Afghanistan's Kabul International airport.The missed-approach* procedure developed by Emirates has replaced an older technique that required cargo bound for Kabul to be offloaded in Dubai during low-cloud or poor visibility ...
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AirBridgeCargo expands in Asia with Dhaka flight
AirBridgeCargo (ABC) is expanding its footprint in Asia with the introduction of a Dhaka B747F flight to cater for growth in garment and apparel exports from Bangladesh.The Russian freighter operator will offer two flights per week to the capital of Bangladesh, which becomes the 14th destination in ABC’s Asian network. ...
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Kerry Logistics to offer 'smart sensor' providing 'total supply chain visibility'
Kerry Logistics will offer customers the option of using a 'smart sensor' within their supply chain, which enables total supply chain visibility and improved security.The logistics firm said the smart sensor monitors cargo across ocean, air, and ground transportation around-the-clock and is accepted in over 190 countries. Both consignees and ...
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BIFA launches Young Forwarders Network
The British International Freight Association (BIFA), the trade association representing a large number of UK freight forwarding and logistics companies, is soon to launch a new networking group called the BIFA Young Forwarders Network (YFN).The YFN, which will be launched on 6 March at the imminent National Apprenticeship Week (NAW ...
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European Cargo Monthly: Tough start for Lufthansa and AF KLM
Lufthansa Cargo and Air France KLM have had a tough start to the year, with both reporting declines in freight traffic figures in January.German carrier group Lufthansa saw cargo traffic decline by 5% year on year in January to 767m revenue cargo tonne kms (RCTK).Meanwhile, capacity increased by 7% resulting ...
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AirBridgeCargo signs with Jettainer for short term ULD requirement
Russian freighter operator AirBridgeCargo (ABC) has inked a leasing agreement with Jettainer which will see the ULD management company provide airfreight containers on "short term requirement" to carry special cargo.Sergey Lazarev, general director of ABC, said: “Being determined to move forward with strengthening our specialist services for the transportation of ...
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NewsLufthansa Cargo welcomes new B777 freighter to Frankfurt
Lufthansa Cargo's sixth B777F, credit Matthias Aletsee, Lufthansa CargoLufthansa Cargo has welcomed the latest arrival to its freighter fleet: its sixth Boeing 777F.The brand-new B777F flew into Frankfurt Airport from the Boeing facility at Everett, Washington state, in the USA, today (February 19).It will soon start scheduled operations.Harald Gloy, chief ...
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SIA Cargo reports disappointing January figures
Reporting on its January freight statistics, Singapore Airlines Cargo (SIA Cargo) has revealed that its cargo load factor fell by 3.8 percentage points compared to the same month of 2018 – down from 61.9% to 58.1%.That was because cargo traffic (as measured in freight tonne-kilometres) fell by 6.2% year on ...
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Kale Logistics Solutions highlights value of African market
Kale Logistics Solutions, which supplies IT systems to the global logistics sector, has revealed its belief in the importance of the African continent as an emerging market.Air Cargo Africa is currently taking place (it runs between February 19 and 21 February) at Casino Convention Resort, Emperors Palace, in the city ...