The Luxembourg-based all cargo carrier, Cargolux, has just published their 2016 results whereby the airline records a profitable result for the past year. Also, news reached us last week that there was a serious incident involving one of the airline’s Boeing 747-8 freighters on a scheduled flight from Houston, Texas to the carrier’s home base in Luxembourg. Read more>
Reports from Japan suggest that Japan Post could post a major loss of Yen40 billion (US$364m) for its first full financial year as a listed company, after unveiling a Yen400bn (US$3.6bn)
write-down on its Australian logistics arm Toll Holdings Ltd.
The postal company acquired the transport group for around A$6.48bn (US$5.07bn) in May 2015.
Pakistan's cash-strapped national carrier, Pakistan International Airlines (PIA), has sacked its chief executive officer and former Lufthansa executive, Bernd Hildenbrand amid corruption charges, several media reports from Pakistan said. Hildenbrand has denied any wrongdoing. Read more>
Hong Kong Air Cargo, a wholly-owned subsidiary of Hong Kong Airlines, which plans to start freighter services with Airbus A330 freighters between Hong Kong and major cities soon, has been granted its Air Operator's Certificate by Hong Kong's Civil Aviation Department. Read more>
The official landing of a FedEx B777 at Liege Airport on the way home from Shanghai has added another chapter in the airport’s development. The Belgian pilots association BecA, however, questions some of the FedEx European operations. Read more>
Yesterday (25th April), Board Member Operations Soeren Stark of Lufthansa Cargo pushed the button, moving the 100,000th ton of air freight into Frankfurt Airport’s Speed Gate. FRA operator Fraport introduced the automated portal nearly four years ago to enable ground handlers without direct airside access a rapid throughput of their exports or imports, thus matching the advantages first line handlers enjoy at the airport’s CargoCity South. Read more>
Japanese logistics giant Yamato Holdings and France's largest courier, Chronopost have signed a partnership deal under which the two companies will start refrigerated parcel delivery services between Japan and France. Read more>
The direction is changing from headwind to tailwind. After many loss-making years, frequent management changes and despite constant restructuring measures and saving programs, Air
France-KLM-Martinair Cargo seems to finally getting back on its feet.
The man responsible for the imminent U-turn is Marcel de Nooijer, a team player and strong supporter of innovative business models. Read more>
Despite fleet adjustments and a number of savings programs “we do not step out of freighter ops and the cargo arena as such but intend doing business in a smarter way," states Marcel de Nooijer. Streamlined transport solutions, combined with new products and a “CargoBus” named new revenue management & reservation system shall pave the way for a profitable future of the freight unit. Read more>
Both carriers have signed a joint venture agreement for extensive cargo cooperation on routes across the North Atlantic. It follows similar pacts based on antitrust immunity signed between Lufthansa Cargo, ANA Cargo and Cathay Cargo. Read more>
Airbus Helicopters has signed an agreement with Singapore Post (SingPost) under which SingPost will become its logistics partner for its Skyways parcel delivery project. Read more>
Through this transaction, DHL bolsters its service offering for the Life Science and Healthcare sector in Latin America. This includes temperature-controlled warehousing, clinical trials logistics and a variety of value-added services as well as consultation on regulatory and quality assurance issues. Read more>
Qatar Airways has further expanded its Brussels cargo operation by offering more flights and main deck capacity. Consequently, BRU is increasingly playing the role of European hub for the Middle East freight carrier. Read more>