Region – Page 155
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Hong Kong cargo dips in March
Cargo throughput at Hong Kong International Airport (HKIA) decreased by 2.5% to 422,000 tonnes in March, said the airport authority.The decline was mainly attributed to a 12% year-on-year drop in exports with South Korea and Europe registering the most significant drops during the month. However, imports were up 13%.Passenger traffic ...
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DHL Global Forwarding adds start-up helpdesk
DHL Global Forwarding has launched a helpdesk in Berlin that is aims to meet the specific needs of start-ups.The forwarder said the new helpdesk will assist new and expanding start-up companies in the areas of logistics and supply chain development in and beyond Germany.“Our customer base of start-ups with global ...
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European airports continue to report cargo growth in February
European airports saw cargo demand increase again in February, although there was a slowdown on growth levels recorded in January.The latest figures from Airports Council International (ACI) Europe show that freight demand increased by 5.7% year on year in February, down on January’s 8.7% uptick.This slowdown was to be expected ...
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Air Partner finance chief steps down after accounting error
Air Partner’s chief financial officer has handed in his resignation following on from an accounting error totalling millions of pounds.The UK charter broker today confirmed that Neil Morris had offered his resignation, which had been accepted by the board.Morris’ resignation comes after the company revealed an accounting error related to ...
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IAG confirms interest in Norwegian takeover
International Airlines Group (IAG) has confirmed its interest in Norwegian Air Shuttle and added that it had established a position in the airline.IAG said that it has acquired a 4.6% ownership position in the airline. The minority investment is intended to establish a position from which to initiate discussions with ...
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Peil BioThermal adds new European ULD rental service drop points
Temperature controlled packaging firm Peli BioThermal has added 13 new European drop points.The drop points, located within Rhenus Logistics global network, further the expansion of Peli BioThermal’s Crēdo on Demand rental programme by providing additional points of return for reusable shipping assets.Dominic Hyde, Peli BioThermal’s vice president of Crēdo on ...
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LATAM Cargo spreads its wings in Europe as it looks to avoid airport congestion
LATAM Cargo has added new B767 freighter services from South America to Brussels and Madrid in order to meet growing demand and avoid congestion at European airports.The airline said that following the launch of the new services it will offer calls at four European airport destinations instead of two previously ...
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Swissport defers IPO plan
Swissport Group has announced that it will defer its plans for an Initial Public Offering (IPO) on SIX Swiss Exchange.In a short investor announcement, the ground handler, a subsidiary of Chinese conglomerate HNA, said that it had decided to delay the listing of its shares as a result of current ...
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Qatar Airways signs up for five B777 freighters
Qatar Airways has signed a letter of intent to purchase five Boeing 777 freighters, valued at $1.7bn at list prices.The letter of intent was signed during a ceremony attended by Qatari Minister of Finance and Qatar Airways chairman Ali Sharif Al Emadi, Qatar Airways group chief executive Akbar Al Baker ...
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Strike Aviation adds Prague to GSSA network
American Airlines has appointed Strike Aviation as the cargo GSSA for its new direct B767-300 passenger flight from Prague to Philadelphia, as well as the offline cargo GSSA for Bulgaria, Romania and the Slovak Republic."This is another milestone we have achieved with our Czech team’’ commented Julia Ostwaldt, commercial manager-Europe ...
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Air Partner updates on accounting review
UK charter broker Air Partner has restated the financial impact from an accounting error in its receivables and deferred income since the 2010/11 financial year, originally estimated at £3.3m, saying today that it “will not exceed £4m”.The Air Partner Board has appointed PricewaterhouseCoopers(PwC) and Rosenblatt Solicitors to provide independent accounting ...
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Emirates SkyCargo continues product expansion with AOG offering
Emirates SkyCargo has continued its product expansion with the addition of an aircraft on the ground (AOG) offering.The Dubai-hubbed carrier said the core aim of Emirates AOG is to transport parts on the quickest possible flight connection without compromising on the quality of handling and customer service.The new product includes ...
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ATSG delivers first converted B767 freighter to Air Incheon
Air Transport Services Group (ATSG) has delivered the first of two Boeing 767-300 converted freighters to Air Incheon under a six-year dry lease arrangement.The South Korean carrier has also agreed to lease a second B767-300F, with post-modification delivery due in the latter half of 2018, from the US lessor group's ...
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UK bosses call for common rules on wet-leasing after Brexit
The need for convergence on UK and European Union (EU) rules on aircraft wet-leasing is one aspect of a new Brexit study by UK business lobby, the CBI.In the report, published today, the CBI has outlines where Britain’s top company bosses want to stay close to European Union rules and ...
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Cathay Pacific adds new pharma ULD option
Cathay Pacific will begin offering customers access to Sonoco ThermoSafe's PharmaPort 360 temperature-controlled airfreight container.The airline announced today that it had signed a deal with Sonoco ThermoSafe which enables pharmaceutical shippers to lease PharmaPort 360 containers directly from Cathay Pacific Cargo.The partenrs said that PharmaPort 360 utilises proprietary hybrid technology ...
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Strikes in Germany and France set to disrupt airfreight operations
Strikes by unions in France and Germany are set to disrupt air cargo operations today, with Air France and Lufthansa cancelling hundreds of flights.In Germany, the Verdi trade union has called for a strike over pay at Frankfurt, Munich, Cologne and Bremen airports.In France, pilot, cabin and ground crew have ...
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HNA signs MOU with Temasek to explore partnerships in aviation and logistics
China's HNA Group has signed a Memorandum of Understanding (MoU) with Temasek, a Singapore investment company, to "explore opportunities in aviation and logistics, and airport infrastructure".Chia Song Hwee, president and chief operating officer of Temasek, said: "Temasek is a long term commercial investor. We are keen to explore investments which ...
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Horses jump at the chance to stay at Liege airport
Liege Airport's Horse Inn facility will see no fewer than 300 horses transit through the Belgian hub over the next 20 days as they journey to attend the Longines Global Champions Tour 2018.The annual international competition for top-level show jumping began at the end of March in Mexico, before moving ...
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CEVA confirms $1.36bn IPO
CEVA Logistics has confirmed plans for an initial public offering (IPO) and to list its shares on the SIX Swiss Exchange in a move that will raise an expected SFr1.3bn ($1.36bn).The announcement by the $7bn revenue third party global logistics player based in Switzerland confirms earlier industry speculation.The objective of ...
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Top 20 cargo hubs saw volumes rise 6.8% in 2017
Air cargo volumes at the world's 20 busiest airports grew 6.8% in 2017, with Hong Kong again the number one freight hub at more than 5m tonnes, a 9.4% year-on-year increase.Airports Council International (ACI) reported that the top 20 cargo hubs handled a combined 51m tonnes last year, representing 43% ...