Region – Page 228
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News
Qantas to fly six-strong postal freighter fleet
Qantas Freight has revamped its domestic Australia Post network by dedicating five of its ten-strong freighter fleet to the service and will also soon take delivery of a B737-400 freighter for the exclusive use of the operation.Currently, Qantas operates ten domestic freighters across Australia - four B737-300CF, four BaE146 and ...
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China green light for FedEx-TNT deal
FedEx Corporation and TNT Express have said that they have obtained the unconditional approval of China’s Ministry of Commerce (MOFCOM) for their merger.With one of the last remaining hurdles to the deal surmounted, the two express companies say that the offer condition with respect to competition clearances has now been ...
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Lufthansa's cargo division records first quarter ebit loss
Lufthansa’s cargo business returned to the red during the first quarter of the year as overcapacity and weak demand took their toll on the business.The Lufthansa Logistics business, which includes the cargo division, ULD specialist Jettainer and its Aerologic investment, saw first-quarter revenues drop by 21.8% year on year to ...
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Raya gets new chief executive
Asian cargo airline Raya Airways has announced the appointment of Lee Shashitheren as its new executive director and chief executive.Lee, former commercial director of Raya Airways, has more than 20 years’ experience in the cargo airline business and takes over from the former managing director Mohamad Najib Ishak, who resigned ...
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Dachser revenues benefit from exchange rate gains
Logistics firm Dachser's Air and Sea Logistics business saw revenues climb by 8% last year to €1.6bn.The German company said the increase in revenues was largely thanks to exchange rate gains, with tonnage experiencing “anaemic growth”.“From this you can see that, as in Road Logistics, we will not lower our ...
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Air France KLM achieves IATA pharma certification
Air France KLM Martinair Cargo has achieved IATA pharma certification for four areas of its business and claims that customers are increasingly demanding the credential before they will engage with airlines.The Franco-Dutch airline group achieved IATA Centre of Excellence for Independent Validators Pharma (CEIV) certification in February this year.The four ...
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News
UPS hits earnings record in first quarter
UPS earnings per share jumped 13% in the first quarter of 2016, with growth across all main segments of its business. US domestic and international small packages drove the US-based express logistics firm to a record first quarter, with international operating profit up 15% to $574 million.Total revenue was up ...
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News
Load factors fade but profits up at Air China
Air China reported cargo capacity up by almost 11% to 3.157 billion available freight tonne kilometers (AFTK) in the first quarter of 2016 but with cargo traffic up only 4.25%, to 1.556 billion AFTK load factor fell 3% to 49%, year-on-year.Otherwise, the airline reported steady progress in the face of ...
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ACS chief hails ‘brilliant’ year for cargo
Air Charter Service’s cargo department had “a brilliant year” in 2015, said chairman Chris Leach. Announcing a 10% increase in turnover, to just over US$480 million, and a 28% increase in gross profit to US$60.2m (year ending 31 January 2016) for the group as a whole, cargo charters were buoyed ...
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Green light for Hong Kong third runway work
Hong Kong Airport Authority has gained statutory approval for reclamation work that will allow construction of a third runway to go ahead. The authority said it would now proceed with the detailed design for the third runway and also start procurement of construction contracts for the reclamation works at the ...
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News
Qatar ups IAG stake to almost 12%
Qatar Airways has increased its stake in IAG to almost 12%, according to Bloomberg.The news agency reported that the Middle Eastern airline has been “strengthening ties built around the access [IAG-owned] British Airways provides to North America via London and the Gulf carrier’s network of Asian routes”.Qatar Air has increased ...
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SF Airlines takes delivery of latest converted freighter
PEMCO World Air Services has announced the redelivery of a Boeing 737-300 freighter aircraft to China-based SF Airlines, the air cargo division of SF Express.The freighter, converted by PEMCO’s partner STAECO in Jinan Shandong, China, marks the fourteenth redelivery of a B737-300/400 to SF Airlines since 2013.SF Airlines plans to ...
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News
ABC achieves Cargo iQ certification
AirBridgeCargo Airlines (ABC) has gained Cargo iQ, formerly Cargo 2000, certification for meeting the IATA organisation’s quality standards.Following a two-day inspection, ABC’s quality certificate is valid for two year and acknowledges the airline’s conformance to Cargo iQ’s quality requirements.The audit process reviewed ABC’s quality management programme, data analysis, customer service ...
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Precision receives new freighter conversion orders for express airlines
Precision Aircraft Solutions has had a busy start to the year after receiving an order for eight freighter conversions and delivering three aircraft to customers.The conversion firm confirmed it has received eight orders for Boeing 757-200 passenger-to-freighter conversions.Six of the orders came from China Postal Airlines, while new cargo airline ...
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NewsPanalpina sees air cargo volumes jump despite tough market conditions
UPDATED: Panalpina recorded a market-beating 5% increase in airfreight volumes during the first quarter of the year as it counteracted a tough oil and gas market but pre-tax earnings declined.The Switzerland-based freight forwarder recorded first-quarter air cargo volumes of 216,000 tons compared with 205,000 tons for the same period in ...
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dnata becomes a DWC millionaire
Air services provider dnata has reached a key air cargo milestone at its Dubai World Central (DWC) operation, handling over 1m tonnes at the Middle East hub during its first five years of operation.From a debut year throughput of 89,729 tonnes in 2011, DWC handled 170,260 tonnes in 2015, helped ...
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Temperature-sensitive cargo — Emirates has it covered
Emirates SkyCargo has launched White Cover Advanced, a next-generation version of its protection product for valuable temperature-sensitive cargo, including pharmaceuticals.Weighing no more than 3kg, the special sheet completely encloses the shipment and allows for cooling during transportation and cold storage. Application takes two people no more than eight minutes to ...
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Swiss WorldCargo signs deal to offer new range of temperature controlled containers
Swiss WorldCargo will offer a new range of temperature controlled containers after signing a deal to offer va-Q-tec’s devices directly to its customers.va-Q-tec offers five “passive” hard shell container sizes, taking up to two pallets inside, that can offer temperature ranges from -70°C to +25°C.Swiss head of cargo Ashwin Bhat ...
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Indian airlines have fines for alleged cargo cartel set aside
Jet Airways, SpiceJet and IndiGo have been given the opportunity to have fines levied against them by the Competition Commission of India (CCI) for an alleged air cargo cartel overturned.Late last year, Jet Airways was fined R1.5bn, IndiGo received a R637.4m penalty and SpiceJet was hit with a R424.8m fine ...
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DHL opens advanced Singapore facility featuring robotic technology
DHL Supply Chain has opened an Advanced Regional Center (ARC) in Singapore featuring automation systems with advanced robotics.The 90,000sq m facility, which increases the logistics firm’s warehousing footprint on the island by 40%, uses 130 robotic shuttles to pick and store products from 72,000 locations spread across 26 levels.DHL believes ...