Region – Page 175
-
News
Qatar takes stake in Italy’s Meridiana
Qatar Airways has bought a 49% share on AQA Holding, the new parent company of Meridiana fly, Italy’s second largest carrier. Alisarda has retained its 51% share in the carrier.The Middle East carrier said the move would strengthen its presence in Italy where it currently flies from Doha to Rome, ...
-
News
New members for forwarder network
Freight network The WACO System has appointed three new members in Latin America and Africa.Sicarga Panama will cover Panama, Costa Rica, and Nicaragua, Gespros will represent Cameroon; and OMA Logistics will represent Senegal.The new members will be officially welcomed during WACO's Extraordinary General Meeting in Macau, China on 23-25 October.Sicarga ...
-
News
UPS seals joint venture with China’s SF Express
UPS and SF Express’s parent company, SF Holding have gained China Ministry of Commerce approval for their planned joint venture.The two operators will collaborate on international delivery services from, initially, China to the US and, in future, on other trade lanes.In a statement , UPS and SF Holding said the ...
-
News
Emirates revalidates Dubai pharma hub
Emirates SkyCargo has gained revalidation of its European Union Good Distribution Practices (EU GDP) certification for pharma operations at its Dubai hub after an annual surveillance audit by Bureau Veritas, Germany.The carrier originally received EU GDP certification in 2016 for its operations across the Emirates SkyCentral cargo terminals at Dubai ...
-
News
Updated: Iraq flights suspended
Royal Jordanian will temporarily suspend its flights to Erbil and Sulaymaniyah, in northern Iraq, from 6 pm Amman local time on Friday, 29 September.It follows a request from the Iraqi authorities to all to stop operating all flights to these two cities from that date until further notice.RJ operates 10 ...
-
News
Alibaba takes control of China delivery firm
Asian online retailer Alibaba has taken a controlling stake in China’s Cainiao Smart Logistics. It has increased its investment by 5.3 billion yuan ( $807 million), raising its stake in the company from 47 to 51% and giving it four out of seven seats on the logistics company’s board.While Cainiao ...
-
News
Bolloré and Bahri sign Saudi joint venture deal
French forwarding and logistics group Bolloré officially inaugurated Bahri Bolloré Logistics, its joint venture with Saudi Arabian logistics specialist Bahri in Riyadh on 26 September.Bahri owns a 60% stake in the joint venture, while Bolloré owns the remaining 40% in the new company, which will provide end-to-end logistics and supply ...
-
News
Volga-Dnepr and ACS help dig miners out of a hole
Having one of Volga-Dnepr’s IL-76TD-90VD freighters on hand helped Air Charter Service quickly move a 27-tonne drilling machine from Perth, Australia to a mining project in India.Destined for Ahmedabad, the largest city in the Indian state of Gujarat, the sensitive piece of mining equipment was over 15 metres long and ...
-
News
New players and platform solutions will bring far-reaching change to air cargo
Leading minds from industry and science have come together at the second Frankfurt Air Cargo Innovation Lab conference to discuss the future of logistics.Following last year’s success, some 100 participants from the air cargo industry are attending the two-day event, hosted at Frankfurt Airport by Fraport and the DVV Media ...
-
News
Airports see strong Far and Middle East growth
Air freight through Asia-Pacific airports grew 9.3% and 10.6% in the Middle East during July, according to the latest figures from Airports Council International Asia-Pacific.ACI-AP said that exports continued to drive strong air freight growth in the Asia-Pacific region during the month, with Hong Kong up 11.1%, Shanghai Pudong by ...
-
News
LUG owner Dettmer takes over Hamburg handler
Bremen-based Dettmer Group has taken over LHU Luft Hafen Umschlag, Hamburg airport’s largest air cargo handler, following the insolvency of its former owner, the Carl Tiedemann Group.On a statement, Dettmer, which already owns the LUG air cargo handling companies at Frankfurt and Munich, handling around 300,000 tonnes a year, said ...
-
News
They’re listening to us at last on Brexit, says UK freight body
The UK’s Freight Transport Association (FTA) has welcomed moves by Prime Minister Teresa May to persuade the European Union to grant a transition period for the country’s exit from the European Union, scheduled to take place in March 2019.With the latest round of ‘Brexit’ negotiations now underway, FTA says that ...
-
News
Ethiopian extends its reach with Azul codeshare
Ethiopian Airlines has entered into a codeshare agreement with and Azul Brazilian Airlines.Ethiopian, Africa’s largest airline group, will initially share its code on Azul flights from São Paulo (Guarulhos) to Belo Horizonte, Curitiba, Goiania, Porto Alegre, Cuiabá, Foz do Iguaçu and Florianopolis.Ethiopian currently flies to more than 100 international passenger ...
-
News
Qatar Airways confirms B747-8F deal
Qatar Airways has confirmed the order of two Boeing 747-8 freighters, as previously reported by Air Cargo News.The order confirmation came at a ceremony to celebrate the arrival of the first of two aircraft, with the second due to join Qatar's fleet later this year. It also confirmed an order ...
-
News
Third Hong Kong runway passes finance hurdle
The Hong Kong Airport Authority has released a report on the detailed funding study for a three-runway system (3RS) after it was accepted in principle by its board.HSBC bank was appointed by the AA as financial advisor last year to study the detailed funding plan for the 3RS project. It ...
-
News
Asian airlines put in solid August performance
Expansion in international air cargo continued unabated, said the Association of Asia Pacific Airlines (AAPA) in its August traffic results, published on 26 September. was supported by high business confidence levels in services and manufacturing, it added.Firm demand for manufactured products, particularly pharmaceuticals and IT equipment, underpinned a 12.2% increase ...
-
News
Wham bam, thank you yam
Ghana's peak season for yam exports from Africa to the US is now in full swing.Logistics airline partner Air France-KLM Martinair Cargo was able to load 106 tonnes this week in its Boeing 777 freighter from Accra to New York via its Paris CDG hub.Yams are a type of dry ...
-
News
BEST Inc the latest Chinese logistics firm to raise funds through listing
BEST Inc has become the latest Chinese express and logistics firm to raise funds through an IPO.The Alibaba-backed company raised $450m through a listing on the New York Stock Exchange in what is the largest IPO of a Chinese firm in the US since ZTO Express raised $1.4bn in October ...
-
News
Union expresses concerns over new Cargolux JV
Cargolux union LCGB has expressed its concerns over the all-cargo carrier’s new Chinese joint venture and its impact on jobs in a meeting with the Luxembourg minister for sustainable development and infrastructure.In the meeting, the union expressed its concerns that Cargolux could transfer some of its aircraft to Henan Cargo ...
-
News
Forwarder Leman continues UK expansion with Maru deal
Denmark-based freight forwarder Leman has continued to expand its presence in the UK with the acquisition of Maru International for an undisclosed sum.Maru provides air and sea logistics solutions and also has a strong presence in the European road transport market from its offices in Dewsbury, Braintree and just outside ...