The fight between the Ukraine and Russia concerning the future of the Antonov AN-124 Ruslan freighter continues without it seems any hope of both sides reaching an agreement. The same applies to the claims against Volga-Dnepr for alleged false certification for the aircraft. Read more>
Ralf-Rainer Auslaender has become managing director of cargo broker Leisure Cargo with immediate effect, taking over from Thilo Schaefer and Klaus Sieger.
A surprising change of leadership in air freight management company Leisure Cargo. Its founder and long-time chief Ralf-Rainer Auslaender has taken over command, replacing Schaefer and Sieger. Both will leave Leisure by the end of September but have been released from their duties with immediate effect.
“We are pleased to once again have Ralf-Rainer Auslaender on board, a proven veteran and expert in air freight. He will consistently continue the company's path towards expanding the customer portfolio and digitization," explains managing director Wolfram Simon of Zeitfracht. Read more>
The long search is finally over for a replacement of Jean-Marc Janaillac as CEO for the Air France-KLM Group. Some within the company had hoped for an internal solution, but now it’s been made public that Janaillac’s replacement will come from across the Atlantic. Read more>
IN BRIEF, THE LATEST CARGO AIRLINE INDUSTRY NEWS. Read more>
Europe, North America and an increasing number of markets in the Far East are saturated, experiencing only modest growth rates. In contrast, Africa, the Indian Subcontinent and Latin America are the future candidates where the music will be played. Hapag-Lloyd is reacting to this development. Read more>
Shipping line Hapag-Lloyd expands its reach in the Middle East, India and East Africa, adding more ports to its network. Simultaneously, the company announced upping its reefer container fleet by 11,000-plus units. Read more>
A new lucrative piece of business will fall to Worldwide Flight Services (WFS) after having signed an MOU with Norways Sjomatterminalen AS which will allow WFS to operate the new Seafood Center planned for Oslo Airport. Read more>
Beginning September, the freight division of Brussels Airlines (Code:SN) will become part of Lufthansa Cargo. From then on, the entire freight business of the Belgian carrier will be managed by Lufthansa Cargo’s Frankfurt headquarters in close cooperation with the Brussels office and local general sales agents, CEO Peter Gerber told CargoForwarder Global in a one-to-one meeting. And he had more to tell. Read more>
Shares of India’s second biggest airline by market share, Jet Airways plunged 14% and touched its 52-week low in morning trade this week after the company deferred announcing the June quarter numbers. Read more>
The transport of perishable cargo as well as temperature-sensitive goods such as pharmaceuticals, has become a massive and lucrative business for transport companies around the world. This includes truck companies as well as the ocean carriers and airlines. But - who gives the better service in in the perishable transport? Read more>
Luring Brexit implications costing the UK and EU presumably billions; sanctions and counter-sanctions accelerating the trade war between the U.S. and China: unsettled tariff issues
between Washington and Brussels undermining investor confidence: Hardly a day goes by with-out negative economic and political news thwarting global trade.
The next candidate standing on the list of crisis-stricken countries is Turkey. Read more>
China’s HNA Group, the conglomerate shedding assets to pay down debt, is in advanced talks to sell a 30% stake in aircraft lessor Avolon Holdings Ltd to Japan's Orix Corp, a Reuters report said. The Group has also reportedly agreed to sell hotel company Radisson Holdings to Chinese hospitality giant Jin Jiang International Holding. Read more>