All Top Story Articles – Page 31
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News
Leipzig/Halle Airport operator set for cash injection
Financially troubled Leipzig/Halle Airport operator Mitteldeutsche Flughafen AG (MFAG) is set to receive a cash injection from its shareholders, while it is also considering the merger of its cargo handling business.Citing an MFAG spokesperson, Air Cargo News' sister title DVZ said a report from auditor KPMG found that the company ...
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NewsNew CEO for ACS Dubai
Elie Hanna. Photo: Air Charter ServiceElie Hanna has been promoted to the role of chief executive at Air Charter Service (ACS) Dubai and will oversee the company’s growth in the Middle East.ACS confirmed to Air Cargo News that Hanna is a private jet broker, but will be in charge of ...
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European Union to ramp up tariffs on Chinese electric vehicles
The European Union (EU) has revealed plans to add tariffs of up to 38.1% on electric vehicles imported from China.The new tariffs were announced last week and will be implemented on July 4, although the level of tariff varies between companies.Manufacturers will also have the chance to appeal the level ...
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Tough economy hits Asia Pacific 2023 cargo revenue
Aggregated cargo revenue for Asia Pacific airlines last year fell by 43.3% to $21bn, according to preliminary financial performance results released by the Association of Asia Pacific Airlines (AAPA).This was driven by weakness in trade activity and lower rates, as reflected in the 41.7% drop in cargo yields to 33.6 ...
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NewsIBS Software appoints new CEO
Source: IBS SoftwareAviation software firm IBS Software has appointed Somit Goyal as its new chief executive to succeed Anand Krishnan.Goyal has held leadership roles at companies such as Microsoft, SAP, Oracle and AOL.During his 11-year tenure at Microsoft, he held several leadership roles across strategy, operations, sales and customer success.Most ...
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Menzies gains approval for its net zero targets
Menzies Aviation is helping raise the green stakes for ground handlers working in air cargo with the approval of its science-based targets to reach net-zero greenhouse gas (GHG) emissions across the value chain by 2045.The ground services provider said that its decarbonisation targets had been approved by the Science Based ...
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News
SF Airlines launches Ezhou-Budapest air cargo route
SF Airlines has launched an air cargo route linking Ezhou Huahu Airport in central China's Hubei Province with Budapest International Airport in Hungary.This is the first air cargo route linking Ezhou Huahu Airport to Hungary and is also SF Airlines' third route from this airport to Europe, reported China's state ...
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NewsDHL Global Forwarding's new CEO for Germany and Switzerland
Source: DHL GroupMarkus Panhauser will take on the role of chief executive of DHL Global Forwarding Germany and Switzerland from July 1.Panhauser succeeds Tobias Schmidt, who has led both country organisations alongside his role as chief executive of DHL Global Forwarding Europe since November 2021.Schmidt will now focus on his ...
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News
Korean picks Air Incheon as preferred Asiana Cargo bidder
Air Incheon has been named as the preferred bidder for the sale of Asiana Airlines' cargo business as part of Korean Air's much-delayed acquisition of Asiana Airlines.Republic of Korea-based airlines Eastar Jet, Air Premia and Air Incheon had in April all reportedly submitted bids to acquire the cargo business, but ...
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News
Lufthansa Cargo launches freighter flights from Munich
Lufthansa Cargo will expand its regional freighter network in July with the addition of flights from Munich Airport for the first time.The German cargo carrier said the flights will start on July 6, utilising its Airbus A321 freighters to connect Munich with Istanbul twice a week.Customers can already start booking ...
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News
Liege sees air cargo volumes improve again in May
Belgian freighter hub Liege Airport reported another month of increasing cargo volumes in May.The airport said that cargo tonnages for the month increased by 13.4% year on year to 95,905 tonnes.The airport said the increase is ahead of the general cargo market, which is estimated by DHL to have increased ...
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NewsWorsening containership market keeps the pressure on air cargo
The recent deterioration in the ocean shipping market could be pushing more cargo to airfreight following the impact of the Red Sea crisis.In its latest market update, data provider WorldACD said that over the last few weeks air cargo demand and rates from Asia Pacific origins "continue to soar well ...
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News
Silk Way West flies yaks to Azerbaijan
Baku-hubbed Silk Way West Airlines has flown 116 yaks from Kyrgyzstan to Azerbaijan as part of a breeding programme.The yaks made the 2,000 km journey on Boeing 747-400 freighter aircraft flying from Bishkek Manas International Airport to Ganja Airport.The yaks were accommodated in custom-designed crates that provided protection from injury ...
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NewsSmall forwarders not prioritising sustainability
Steve Parker, director general, BIFA. Photo: BIFASustainability is not an immediate priority for small freight forwarders despite increasing efforts in the airfreight and logistics sectors to become greener.This is according to the 2024 State of Sustainability in Freight Forwarding Report, produced by the British International Freight Association (BIFA) and Pledge.The ...
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NewsAIA appoints McInnes in UK cargo role
Colin McInnes. Source: AIA CargoAIA Cargo has appointed Colin McInnes as its new vice president cargo UK as the firm looks to expand in the country.McInnes joins from CHAMP Cargosystems where he was head of sales and account management for Europe, Middle East and Africa.He also spent 18 years working ...
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News
FedEx plans to cut up to 2,000 jobs in Europe
FedEx is planning to cut thousands of jobs in Europe as it continues to struggle with sluggish market conditions.The express giant said that it would let go between 1,700 and 2,000 members of its back-office team on the continent - around 3-4% of its 52,000 European employees.It hopes the move ...
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JD Airlines to lease four 737-800BCF from AerCap
AerCap has signed lease agreements for four 737-800 Boeing Converted Freighter (BCF) aircraft with JD Airlines, the cargo airline of JD Logistics.Scheduled for delivery in 2024, the aircraft will be operated on behalf of JD Logistics a supply chain service provider in China and a subsidiary of e-commerce platform JD.com.The ...
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NewsEmirates backs freighter conversion plans despite delays
Emirates Boeing 777-300. Photo: EmiratesEmirates SkyCargo has confirmed it is sticking with plans to convert 10 777-300ER passenger aircraft into freighters despite production delays.There are currently 10 777-300ER Emirates-owned aircraft due for conversion by Israel Aerospace Industries (IAI), however, the aircraft were not mentioned in the recently published Emirates’ 2023-2024 ...
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NewsAntonov Airlines AN-124 completes US satellite flight
Source: Antonov AirlinesAntonov Airlines and charter firm Proair have transported a satellite and supporting equipment from Turkey to the US utilising one of its AN-124-100 aircraft.The Türksat 6A satellite was transported in a special container fixed to the frame. For loading the piece into the cargo cabin of the AN-124-100, ...
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Etihad Cargo looks forward to additional summer belly capacity
Etihad Cargo is hoping to capitalise on additional belly capacity being added for the summer season.Etihad will add 100 additional passenger flights as part of its summer schedule, including 23 weekly flights to eight new destinations and 77 flights to existing destinations.The new routes are Antalya, Bali, Al-Qassim (Saudi Arabia), ...