Region – Page 241
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News
WFS to acquire Consolidated Aviation Services in the US
Worldwide Flight Services (WFS), the Paris-based global air cargo handler, is continuing its expansion strategy with the acquisition of New York-headquartered Consolidated Aviation Services (CAS). CAS is one of the leading cargo handlers in the US, serving over 250 airlines.Financial terms were not disclosed and the transaction is subject to ...
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Heathrow records 2015 demand decline
The UK’s busiest cargo airport, Heathrow, ended last year with a slight decline in cargo volumes compared with 2014 levels.The west London airport, which is hoping to add an extra runway, recorded total cargo volumes of 1.5m tonnes in 2015, a 0.2% decline compared with a year earlier.However, it was ...
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European Commission approves Fedex's takeover of TNT
The European Commission has given official approval to FedEx’s $4.8bn acquisition of TNT Express.The two companies said that following an investigation, the European Commission concluded that the deal would not raise any competition concerns.The Commission said FedEx and TNT are not particularly close competitors and the merged entity will continue ...
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Saudi Arabia-Iran flights suspended as tensions rise
Saudi Arabia and Bahrain have halted all flights to and from Iran amid rising tension in the region following the Saudis’ execution on January 2 of Sheikh Nimr al-Nimr and other prominent Shi'ite clerics and consequent severing of diplomatic relations.Saudia and Gulf Air have halted all flights, as has Iran ...
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Emirates' new LA flight takes aim at fruit and vegetable exports
Emirates hopes an increase in frequencies between Los Angeles and Dubai will cater for fruit and vegetable exports from the US city.The extra flight, which will be operated by an Airbus 380-800ULR, increases the airline’s daily frequencies between the airports to two per day.Emirates said it hoped the flight's cargo ...
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Qatar Airways takes delivery of two new freighters
Qatar Airways Cargo has taken delivery of two new freighter aircraft as it continues to expand its all-cargo fleet.The Doha-based airline has taken delivery of its seventh Airbus 330-200F and its first nose loading Boeing 747-8F.The aircraft will be used to increase frequencies to Bahrain, Brussels, Chennai, Hyderabad, London Stansted ...
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NewsDifficult November for Asian cargo airlines
Asian air cargo carriers faced weak market conditions in November as demand declined compared with last year.Figures from the Association of Asia Pacific Airlines (AAPA) show that demand declined by 2.4% in November compared with a year ago as key manufacturing economies experienced “soft market conditions as a result of ...
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NewsDisappointing November peak for Asian air cargo carriers
The November peak season was another tough month for Asian air cargo carriers as weak demand and capacity additions put pressure on air freight rates.The latest monthly statistics from Asian airlines show all but one of the carriers that report statistics saw load factors decline during November.The largest of the ...
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K+N opens new Singapore logistics hub
Freight forwarder Kuehne + Nagel has opened a new logistics hub in Singapore, its largest investment outside of Europe, located close to high tech and pharmaceutical manufacturing centres.The new facility in the west of Singapore measures 50,000sq m, with 46,000sq m of warehousing, and is part of K+N's regional expansion ...
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New warehouse truck management system for Swissport
Swissport Cargo Services has begun using a new Cargo Flash Infotech software system for doors and slot management at its Madrid warehouse ahead of its global implementation.The system manages planned truck movements at Swissport’s warehouse and will therefore help reduce congestion, the software provider said.The objective of the doors and ...
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Emirates bridges the gap for Uganda
Emirates SkyCargo has flown an 84 tonnes load of heavy machinery and steel parts for a new bridge being built across the Nile River in Uganda.The UAE-based passenger and freighter aircraft operator was awarded the charter by a Japanese construction company to carry the load from Tokyo’s Narita Airport to ...
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Hong Kong's Hactl breaks freighter handling records
Hong Kong Air Cargo Terminals Ltd (Hactl) has broken two records for its ramp handling operations.The company handled 2,242 full freighters in November, beating its previous monthly record of 2,232 set in November 2014.The November record was 308 higher than the October figure, due largely to an increase in pre-Christmas ...
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CEVA's new 2015 operational structure brings in business
Reviewing 2015 and Looking Forward to 2016It’s been the first year of our new operational structure where we removed regions and regional HQs from our setup and moved to a system of 17 clusters which report directly to the executive board. Our aim was to restore an entrepreneurial spirit ─ ...
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ACS in charity fundraiser
Air Charter Service raised more than $11,000 for charity at its London headquarter's fancy-dress Christmas party.The fundraising activities centred on a raffle featuring prizes such as an Apple Watch, lunch on the Orient Express and a trip to Iceland to see the Northern Lights donated by generous operators. Tina Leach, ...
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SF Airlines gets first widebody freighter
Fast-growing SF Airlines has taken delivery of its first 767-300 Boeing Converted Freighter (BCF) as it looks to capitalise on China’s rapidly growing e-commerce market.The delivery represents the addition of the first wide-body aircraft in the SF Express-owned airline's fleet, which until today consisted of 25 B757s and B737s.It is ...
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ASL raises $110m to support expansion
ASL Aviation, a company rumoured to be interested in the sale of TNT’s freighter fleet, has completed a funding agreement worth $110m to be used for “ongoing growth and expansion”.BNP Paribas coordinated the transaction and through its Paris & Brussels offices is providing $60m and the Birmingham, UK office of ...
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AirBridgeCargo reports double-digit airfreight growth as it looks ahead to 2016
AirBridgeCargo Airlines’ (ABC) strong growth continued in November with a 27% upswing in cargo carried compared to the same month a year ago.In November, ABC transported more than 50,000 tonnes and for the first 11 months of 2015 volumes jumped by 20% year-on-year to 439,000 tonnes.ABC executive president Denis Ilin ...
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Qatar Airways Cargo to add new US freighter route
Qatar Airways Cargo will launch a new freighter route to Dallas/Fort Worth from Liege in early 2016 and more services can be expected as the year progresses.The Doha-based airline will start the service on January 19 using a Boeing 777F to fly twice per week between the Belgian and US ...
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IATA and FIATA not far apart on new forwarder and airline programme, despite CASS differences
AN agreement between IATA and forwarder group FIATA over the new cargo agent modernisation programme (CAMP) is not far off, despite the two organisations reaching a bypass over the accounts settlement system.The two organisations have been trying to modernise the concepts contained in the existing IATA cargo agency programme under ...
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Cargolux and unions finally reach an agreement
Cargolux has finally agreed a new collective working agreement with ground staff and pilot unions after 24 hours of intensive talks.The airline said this morning that, after repeated meetings over the last 24 hours, management had finally reached an agreement with the OGB-L, CLSC and LCGB unions.The new agreement will ...