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>
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>
IN BRIEF, THE LATEST CARGO AIRLINE INDUSTRY NEWS. 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>
The AMS air cargo community is keeping its fingers crossed over a modified version for a local rule that would be more beneficial to cargo flights. This is, however, not the only solution to deal with the slot scarcity on the airport, says specialised lawyer Frans Vreede. Read more>
YTO Express, one of China’s largest and fast expanding express companies which was founded in 2000 under the umbrella of the Shanghai YTO Jialong Investment Development Ltd, has come a long way in almost two decades of operation. Supported by YTO Express Airlines, the company has established itself as a leading mainland China express delivery giant. Read more>
At Amsterdam Schiphol or Paris CDG, the securing of shipments by remotely deployed sniffer dogs is common standard since years. Soon, but only after being approved by the German
Regulator, the Luftfahrt-Bundesamt (LBA), this will also be introduced at Rhine-Main airport.
The scheme complements the existing monitoring systems to detect explosives prior to getting on board an aircraft, consisting mainly of X-raying, hand search controls or screening. Read more>
The air cargo industry has been riding high for almost the past two years. Volumes have grown, airlines report full bellies and have started to bring back once dormant all-cargo aircraft to cope for the demand. Despite a slight decline in growth during the past six months, demand is seen to continue unabated. Read more>
The state-owned carrier got default notices from banks, aircraft lessors. As reaction, Air India has sought 21.21 billion rupees (US$309 million) of additional equity from the government for the fiscal year 2018-19 to make pending payments to its vendors, Reuters quoted a source at the airline as saying. Read more>