Muscat Airport in the capital city of the Sultanate of Oman has in the past not been considered as one of the larger air freight players in the Middle East. Despite having
state-of-the-art facilities in the cargo handling area MCT has so far not been served by many freight carriers. Will this change in the future? Read more>
Launched only last April, the product is well on the way to capture a substantial portion of the aircraft refurbishment and modification market by delivering value-added services to airlines and MRO providers. A promising business since the number of aircraft crossing the global skies is constantly rising. But also, because passenger airlines, for competitive reasons tend to refurbish their cabins more often than done in the past. Read more>
Messe Muenchen just signed a Memorandum of Understanding with TIACA/ACF aimed at forming a strategic alliance. The announcement came only days after the world’s leading organizer of
transport trade shows had taken over Air Cargo India and Air Cargo Africa from former Indian owner STAT Times.
We spoke with Gerhard Gerritzen, Member of the Management Board of Messe Muenchen GmbH about the acquisitions and their consequences. Read more>
GIC Private Limited, formerly known as the Government of Singapore Investment Corporation, has taken a significant minority stake in Denmark-based regional aircraft lessor Nordic Aviation Capital (NAC). The financial terms of the investment were not disclosed. Read more>
IN BRIEF - THE LATEST AIR CARGO INDUSTRY NEWS. Read more>
Icelandair has bought low-fare competitor WOW air paying €15.8 million in a deal aimed at bundling forces to better withstand growing international competition on routes linking Europe with North America. Combined, they account for 3.8 percent of the transatlantic market. Read more>
Shenzhen, China-based SF Airlines which operates a large fleet of B737 freighters on Chinese domestic and Asian regional routes, among others in Vietnam, Cambodia, Hong Kong, Japan and Taiwan, has taken delivery of the first of two B747 freighters. Both aircraft formerly belonged to the long defunct Chinese cargo operator Jade Cargo. Read more>
November 9, 2018, a memorable day: WW 1 was officially over, the once mighty German Kaiser abdicated, becoming a flower grower in the Netherlands. The German economy lay in ashes,
including the commercial shipping industry.
It was the day when the long-time and legendary HAPAG General Director Albert Ballin decided to put an end to his life. Read more>
Both companies have founded Leipzig, Germany-based 'Antonov-Logistic-Salis GmbH' with Antonov holding 51% of the capital and Aircargonet the difference. Task of the new company is to operate cargo flights on behalf of EU states and a number of NATO members, this way replacing the former Ruslan Salis GmbH that ceases to exist on 31 December 2018, when its founding member Volga-Dnepr pulls out. In an exclusive interview, we spoke with Aircargonet GmbH owner Klaus Lederer about the challenges ahead. Read more>
Amsterdam’s Schiphol Airport has been getting considerable negative publicity during the past year because of its decision to cut operating slots for freighter carriers. The shipping and
forwarding industry in the Netherlands fears that SPL Airport will eventually become downgraded as cargo carriers are forced to reduce or cease operations there.
Maybe things are starting to change in this respect, although fees will be upped substantially next April. Read more>
India's Enforcement Directorate last month sent notices to seven people, including a top Airbus executive, accusing them of money laundering in an US$1billion aircraft deal to former state-owned Indian Airlines in 2005, the Economic Times of India (ET) reported. Read more>
As of November 1, the Spanish operator Air Europa has taken on responsibility for their own cargo business, terminating a long-standing contract with general sales agent Leisure Cargo. In a statement the carrier’s management announces they will establish an own network of GSAs responsible for marketing the lower decks of the passenger fleet. Read more>