Cargo
543 news found
CargoAirplanes and transport. AEA's cargo leaders set priorities for the European air cargo industry
Brussels, Belgium - The sector is a key enabler for economic development
The Association of European Airlines (AEA) urges European policy makers to develop a regulatory framework in which the air cargo industry can flourish and can further contribute to the European economy.... more
CargoFedEx Express to withdraw from service 86 aircraft to cut costs
Memphis, USA - The company will operate airplanes with a better fuel efficiency
In the context of its restructuring plan, FedEx announced a deep downsizing of the fleet of FedEx Express, the world's largest cargo airline, in order to operate aircraft with a better fuel efficiency. 10... more
CargoAircraft and transport. IATA: figures for air freight markets in April
Cape Town, Sud-Africa - With a modest growth of 1.4%: the regional perfomance
The International Air Transport Association (IATA) released figures for air freight markets in April which showed modest growth of 1.4% compared to April 2012. This small increase helped to offset the... more
CargoAircraft and finance. Air cargo Germany declares insolvency
Frankfurt, Germany - Land of Rhineland-Pfalz offers to back a loan
The management and shareholders of Air Cargo Germany unanimously decided to declare insolvency, following to the the temporary suspension of the Air Operator Certificate (AOC) which was decided a few weeks... more
CargoAircraft and transport. Air Cargo Germany operations suspended
Frankfurt, Germany - The carrier, which is experiencing financial troubles, hopes to resume flights in the next few days
Luftfahrt Bundesamt suspended the Air Operator Certificate of Air cargo Germany, which has consequently interrupted its flight operations: the German Civil Aviation Authority based its decision upon the... more
CargoAircraft and transport. Norwegian Air Shuttle establishes cargo division
Fornebu, Norway - The company will utilize the network of the low-cost carrier
On Monday 22 April 2013 Norwegian Air Shuttle, Europe's third-largest low-cost airline and Scandinavia's second carrier after SAS, has established its cargo division. Norwegian Cargo AS will administer... more
CargoAircraft and transport. IATA and cargo: modest improvement in demand in February
Geneva, Switzerland - The figures skewed as a result of two factors
The International Air Transport Association (IATA) released February data showing that air cargo maintained the modest improvement in demand that began in the fourth quarter of 2012. Seasonally adjusted... more
CargoFedEx: thirty 757 aircraft from United Airlines to be converted in cargo planes
Memphis, USA - The cost of converting the airplanes might be around 5 million dollars each
US' global courier delivery services company FedEx Corporation announced it is planning to purchase some Boeing 757 aircraft (up to 30) which were previously operated by United Airlines, in order to reconvert... more
CargoAircraft and transport. IATA: the seventh "World Symposium" concluded with a renewed commitment to improve cargo competitiveness
Doha, Qatar - "2014 WCS" will be held 11-13 March in Los Angeles and the host carrier will be American Airlines
The seventh World Cargo Symposium (WCS) concluded in Doha with a renewed commitment to improve air cargo competitiveness across the supply chain. This includes industry consensus on moving e-freight forward... more
CargoAircraft and transport. Iata at the "World Cargo Symposium": the priorities of the sector
Doha, Qatar - The declarations by its Director General and CEO, Tony Tyler, at the event
The International Air Transport Association (IATA) called on airlines and their partners in the air cargo supply chain to work together to make air cargo more competitive and address the challenges of... more
CargoCathay Pacific cancels order for eight Boeing 777F aircraft, to be replaced three 747F
Hong Kong, China - The original purchase had been signed in 2011
Cathay Pacific reached an agreement with Boeing for the cancellation of an order of eight B-777F freighter aircraft which had originally been signed in 2011 (AVIONEWS): the Hong Kong-based company means... more
CargoAircraft and transport. IATA: stabilization for cargo in January 2013
Geneva, Switzerland - The "World Symposium" will take place in Doha next week
International Air Transport Association (IATA) released global air freight demand statistics for January 2013 showing a stabilization of air freight markets on the back of encouraging growth towards the... more
CargoAircraft and transport. Cargolux board approves 2013-2017 business plan
Luxembourg, Luxembourg - Shareholders asked to provide additional liquidity
The board of directors of Cargolux Airlines International approved the business plan for the period from 2013 to 2017, which was designed to achieve profitable growth, enhance shareholder value and ensure... more
CargoAircraft and transport. IATA outlines priorities for air cargo security
Geneva, Switzerland - Closer cooperation, harmonization of regulations, global capacity building and long-term commitment
The International Air Transport Association (IATA) identified four priorities to make air cargo more secure and urged stakeholders to move forward on the implementation of the Secure Freight principles.... more
CargoCargo aircraft. European Commission opposes to UPS takeover of TNT
Brussels, Belgium - Therefore also the sale of 100% of TNT Airways and Pan Air Lineas Areas to ASL Aviation Group gets stopped
On Wednesday 30 January 2013 the European Commission prohibited, under the EU Merger Regulation, the proposed acquisition of TNT Express by UPS. The Commission found that the take-over would have restricted... more
CargoUPS: launch of a new express air freight service for heavyweight urgent shipments
Atlanta, Usa - With over 70 kg (150 lbs)
UPS announced on January 2 a new express air freight service, UPS Worldwide Express FreightSM, for urgent, time-sensitive and high-value international heavyweight shipments. This new service is an extension... more
CargoAircraft and finance. Luxembourg government re-purchases Qatar Airways' stake in Cargolux
Luxembourg, Luxembourg - 35% of the stakes bought back at 117.5 million dollars
On Wednesday 19 December 2012 the government of Luxembourg communicated it re-acquired the stake of the company Cargolux from Qatar Airways, at the same price which was paid by the Middle-Eastern airline... more
CargoAircraft and courts. Thai Airways fined AUD 7.5 million for over cargo cartel for price fixing
Melbourne, Australia - The company was authorized to pay in installments because of its financial problems
In the context of the inquiry of the Australian Competition and Consumer Commission (ACCC) on the global air freight cartel created by some airlines for price fixing, the Australian Federal Court fined... more
CargoAircraft and courts. Cathay Pacific Airways and Singapore Airlines fined for cargo cartel
Canberra, Australia - Penalties around 11 million Australian dollars
The Australian Competition and Consumer Commission (ACCC) fined Cathay Pacific Airways and Singapore Airlines in the range of the investigation about the airlines which, between 2000 and 2006, formed a... more
Cargo"Chopin Airport" in Warsaw: freight grows in October
Warsaw, Poland - More than 4,370 tons of cargo
More than 4,370 tons of cargo went through "Chopin Airport" in Warsaw in October 2012, a 12.3% increase year-on-year. Domestic cargo volumes fell by 6%, while international freight grew by 12.6%. The... more
CargoBoeing to convert B-767 airplanes to freighters for Guggenheim Aviation Partners
Seattle, Usa - The aircraft will be delivered in 2013
Boeing and Guggenheim Aviation Partners on November 7 announced an agreement for Boeing to convert three 767/300ER passenger airplanes to freighters. The Boeing Converted Freighters (BCF) will be delivered... more
CargoAircraft and companies. Jat Serbian Airlines could be operational from March 2013
Belgrade, Serbia - The new carrier will absorb slots, fleet, international agreements and workers from the former flag company Jat Airways
Jat Serbian Airlines could start its activities from March 2013: the new carrier will be created as a subsidiary of state-owned Jat Airways, the most important airline for the country, absorbing its slots,... more
CargoDubai World Central Airport: triple-digit increase in freight volumes continues in Q3
Dubai, UAE - The second airport continued to register high growth in cargo
Dubai World Central, Dubai’s second airport, continued to register high growth in cargo volumes in the third quarter of the year with another triple-digit increase according to a traffic report issued o... more
CargoIndian government grounds Kingfisher Airlines' aircraft
New Delhi, India - The company is squeezed by debts for 1.4 billion dollars
On Saturday 20 October 2012 the Indian government has suspended the operator licence of Kingfisher Airlines and grounded its aircraft: the local company, which is experiencing a period of huge financial... more
CargoAir freight grows at "Chopin" Airport in Warsaw
Warsaw, Poland - Nearly 32,900 tonnes of cargo during the first three quarters of 2012, a 1.6% increase year-on-year
Nearly 32,900 tonnes of cargo went through "Chopin Airport" in Warsaw during the first three quarters of 2012, a 1.6% increase year-on-year. The airport handled over 4,000 tonnes of cargo in September... more
CargoAircraft and airlines. 44% of Royal Air Maroc to be offered to Gulf companies
Rabat, Morocco - "We will listen to their ideas about this partnership"
The purchase of a 44% stake of Royal Air Maroc, the most important Moroccan airline, will be offered to some companies of the Persian Gulf region: an official source of the government of the North-African... more
CargoAustralia fines Emirates AUS$10 million in the context of the cargo aircraft case
Sydney, Australia - So far the total of the penalties is AUS$68 million
The Australian Competition and Consumer Commission (ACCC) fined Emirates 10 million of Australian dollars in the context of the case on the cartel formed by several companies operating in the air cargo... more
CargoBoeing forecasts doublking of cargo aircraft fleet over the next 20 years
Atlanta, USA - According to the American firm, the sector will grow at a 5.2% annual rate
According to the figures reported by Boeing in its World Air Cargo Forecast 2012/2013, the global air cargo market will expand at a 5.2% annual rate over the next 20 years. Growth will be driven by world... more
CargoBoeing delivers Africa's first 777 Freighter airplane to Ethiopian Airlines
Seattle, Usa - First African airline to operate 777F
"Boeing last September 20 delivered the first 777 Freighter to Ethiopian Airlines marking the first 777F to be operated by an African carrier. This 777F is being leased to Ethiopian Airlines from GECAS. The... more
CargoEtihad Cargo announces freighter destination to Doha
Abu Dhabi, UAE - From next Monday, September 3
Etihad Cargo will inaugurate a new weekly freighter destination from Abu Dhabi to the Qatari capital, Doha, effective September 3. The new cargo service will operate every Monday using an A-300/600F... more