Hungary’s capital city airport, Budapest did not have an easy time some years back when the Hungarian national carrier, Malev, went bankrupt and cargo volumes at the airport’s then
rather dilapidated handling facilities dropped drastically.
Things have changed for the better. Read more>
Chinese conglomerate HNA Group Co. has made a formal offer to buy all the shares of Singapore-listed logistics and warehousing firm CWT Ltd. Read more>
As of early September all Cargolux flights into and out of Dubai World Central (DWC) are being handled exclusively by Emirates SkyCargo. The move is part of the Emirates - Cargolux cooperation agreement that was signed by both carriers in May of this year. Read more>
IN BRIEF, THE LATEST CARGO AIRLINE INDUSTRY NEWS. Read more>
In the battle for supermarket shoppers, Australia's grocery giant Woolworths has announced that it is making its “Pick Up” click and collect service available nationally across Australia. Read more>
Ryanair is suing the German traffic controller DFS Aviation Services GmbH demanding half a million euros to be paid back to the Irish airline for – from their point of view – unlawfully levied landing and takeoff charges. The trial will take place on Tuesday, 19 September. Read more>
Chinese forwarding agent Jonathan Pang his thrown his hat into the ring, bidding for insolvent carrier Air Berlin. His competitors are no less than Lufthansa, easyjet and Thomas Cook Group member leisure carrier Condor, among others. Read more>
Thorsten Kern (50) has decided not to prolong his contract as Managing Director Germany of French Forwarding Agent Clasquin. Thorsten Voelker (45) who takes the position at the end of this month will be his successor. Read more>
Despite a pick-up in June of this year for air cargo demand in South America, the first half-year results in the region are not convincing. South American countries still only contribute around 3 percent of the total Freight Tonne Kilometers (FTKs) on offer worldwide. Ironically, the region had almost 10% more FTKs on offer from January to June compared to the previous year, but demand for space has dropped again. This has forced carriers, among them LATAM Cargo to rethink their fleet policy. Read more>
Parcel volume grew from 44 billion parcels in 2014 to 65 billion in 2016, and the increase in growth shows no sign of slowing down, continuing to rise at a rate of 17-28% each year between 2017 and 2021, a report from technology provider Pitney Bowes said. Read more>
