Region – Page 219
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News
Lufthansa downgrades profit expectations
German flag-carrier Lufthansa has reported provisional figures that suggest the airline made revenue of €15bn (S16.6bn) in the first half of this year, down from the January – June 2015 figure of €15.4bn ($17bn).Its adjusted EBIT (earnings before interest and taxation) of €529m ($584m) earned in the first half of ...
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DOT gives provisional nod to four US carriers on Haneda daytime connections
The US transportation secretary, Anthony Foxx, has given its initial green light to four US airlines to provide new daytime services to Tokyo’s Haneda International Airport.The carriers – American Airlines, Delta Air Lines, Hawaiian Airlines and United Airlines – are seeking to make their various Haneda connections from Los Angeles, ...
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Report sees continued growth for courier sector
Growing demand for urgent and timed delivery will boost the turnover of the global courier industry to $66bn by 2021, according to new research by financial consultants, Ngenko Investments.The report, Global Courier Industry Analysis, sees particularly strong demand from the pharmaceutical, banking, garments, fast-moving consumer goods, IT and automotive industries.New ...
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Pemco to be partner for Mitsubishi’s MRJ
Mitsubishi Aircraft Corporation has named Pemco World Air Services as a preferred MRO (maintenance, repair and overhaul) service provider for the MRJ aircraft range.Florida-headquartered Pemco, best known in air cargo circles for its passenger aircraft to freighter conversions, will offer airframe related MRO services to North American MRJ customers, such ...
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Lufthansa Cargo: much more than just the ‘basic’ offering
Lufthansa Cargo is to begin offering a new product for the shipping of general air cargo from September this year.To be called td.Basic and only available via online booking, the German freight-carrier said that it will offer “high Lufthansa quality at extremely attractive prices”.Those ‘attractive prices’ will be made possible ...
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NewsAirfreight volumes on the up for K+N
Logistics services giant Kuehne+Nagel (K+N) has reported its half-year results for the six-month period ending 30 June.The Switzerland-headquartered company said that while net turnover fell year on year from CHF8,225m ($8,366m) to CHF8,147m ($8,287m), gross profit rose by 8% compared to the first half of 2015, improving from CHF3,018m ($3,070m)to ...
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NewsAnalysis: ASL swoops on TNT Express freighter fleet
Dublin-based aircraft lessor ASL Aviation Group has boosted its freighter fleet with the purchase of the airline operations of TNT Express for an undisclosed amount.The deal, which was part of FedEx’s €4.4bn acquisition of TNT completed in late May, will see ASL take over the fleets of TNT Airways in ...
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NewsE-commerce fuels Chinese airport ambitions
All flight paths lead to China, with freighter operators stacking up to make a smooth landing, despite a softening in the Chinese economy.Leading the charge is European all-cargo operator Cargolux, with its planned China joint venture due to launch with three Boeing 747Fs in the second half of 2017. It ...
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Strong April lifts Schiphol
Cargo volumes at Amsterdam Schiphol grew 1.6% in the first six months of the year, to reach 796,801 tonnes, while the June figure jumped 2.5% year on year, to 135,528 tonnes.The Netherlands airport said the figures were helped by a particularly strong April, in which 137,666 tonnes of freight transited ...
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Qatar freighter to give Halifax seafood exports a lift
Qatar Airways Cargo will launch a weekly Wednesday B777-200 freighter service from Halifax (Canada) to its Doha hub via Zaragoza, Spain, from July 20. Much of the aircraft’s 103-tonne capacity is expected to be filled by Nova Scotia seafood.The flight is scheduled to arrive in Halifax on Wednesdays at 3:20am ...
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China clothing firm to probe drone deliveries
Shenzhen, China-based online clothing retailer Globalegrow is investing $150,000 in a drone delivery research project over the next year.The company plans to recruit roboticists and aeronautical engineers to create a self-flying drone, fitted with sensors to track the package delivery and to retract and detach the tether cable. There would ...
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NewsAn-225, the world's most tweeted freighter
It was a plane-spotters dream: taking a selfie with an Antonov-225 ‘Mriya’.Hundreds of unglamorous freighter aircraft ply their daily trade with little or no attention. They are invisible to the general public who do not know or care that their must-have iPhones, the exotic fish in expensive restaurants and designer ...
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News
BCW Engineering appoints B&H Worldwide
BCW Engineering has appointed logistics provider B&H Worldwide to manage the inbound delivery of its rotative components for use in specialist engines in equipment around the world.B&H Worldwide has designed a solution for BCW Engineering which enables them to import the rotative components from Chennai in India in a far ...
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News
Qatar to take stake in Italy’s Meridiana
Qatar Airways has signed an agreement with Alisarda to buy 49% of its subsidiary Meridiana, Italy’s second largest airline. The deal is subject to conditions and is expected to close in early October.Meridiana operates an extensive domestic and European network, which connects the main Italian airports with Sardinia and provides ...
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Virgin Atlantic Cargo names Steve Buckerfield as vice president sales
Virgin Atlantic Cargo has appointed Steve Buckerfield as vice president sales, to be based at Virgin’s headquarters near London Gatwick Airport.He will lead the airline’s global sales team and be responsible for sales across its international network.Prior to joining Virgin Atlantic, Buckerfield spent three years as managing director, UK & ...
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Air industry to raise its game in Africa
The International Air Transport Association (IATA) and The African Union Commission (AU) have agreed a memorandum of understanding (MoU) to improve air transport.Signed in Geneva by IATA director genera and chief executive, Tony Tyler and the AU’s commissioner for infrastructure and Energy, Dr. Elham Mahmoud Ahmed Ibrahim, it aims to ...
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CargoLogicAir gets the keys to its first 747-8F
New UK-based carrier CargoLogicAir has taken delivery of its first Boeing 747-8 freighter at the Farnborough International Airshow.Chief executive Dmitry Grishin, received the 'keys' to the aircraft from Boeing’s vice president sales for Middle East, Russia and Central Asia, Marty Bentrott, at a ceremony on board the aircraft at the ...
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Cathay to fly a B747-8F to Portland from November
Cathay Pacific Cargo is to operate a twice-weekly scheduled Boeing 747-8 freighter service between its Hong Kong home hub and Portland, Oregon, in the US from November 3, subject to government approval.Portland — the carrier’s 18th cargo station in the Americas — will be served by a Hong Kong-Anchorage-Los Angeles-Portland-Anchorage ...
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Chongqing is sixth Chinese city for AirBridgeCargo
AirBridgeCargo Airlines (ABC) has added flights to leading commercial centre Chongqing to its network from Moscow Sheremetyevo Airport, its sixth Chinese destination.The new twice-weekly service operates on Wednesday and Friday, and will be linked with ABC's Shanghai flights returning to Moscow, complementing its frequencies and accommodating cargo flows from central ...
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Volga-Dnepr and Boeing sign back-to-back deal as 747-8F order is confirmed
Russia’s Volga-Dnepr Group confirmed an order for 20 Boeing 747-8 freighters at the UK’s Farnborough Air Show today.At the same time, the plane maker has signed a reciprocal deal with the Russian firm’s subsidiaries, AirBridgeCargo Airlines and Volga-Dnepr Airlines, to provide long-term logistics support for Boeing Commercial Airplanes and its ...