Cathay Pacific has reportedly delayed the first payment to the HNA Group for the purchase of HK Express, the low-cost airline based in Hong Kong, Forbes quoted sources familiar with the matter as saying. As earlier reported by CargoForwarder Global, HNA in March sold HK Express to Cathay Pacific Airways for HK$4.93 billion (US$628 million). Read more >>
Italy-headquartered BCUBE Air Cargo will be the second air cargo handler at Ostend Airport, alongside the former Aviapartner. General Manager BCUBE Air Cargo Mauro Grisafi is convinced
his company will attract new customers to the airport. Refurbishing the airport leading to a root-and-branch reform is another major task he announced.
We spoke with Mr Grifasi right after BCUBE inked the Ostend deal. Read more >>
The decision of Italian ground handler BCUBE to start operating at Ostend under the brand BCUBE Aircargo Belgium provides the airport bosses some breathing space.
They came under heavy fire recently after critics claimed that there had been a large misuse of taxpayer’s money and that this fact is being kept under wraps by the officials responsible for Belgian’s Ostend and Antwerp airports (CargoForwarder Global, May 12, 2019). Read more >>
Drones are nothing new to the logistics world. Almost every day there is a project announced, where drones are used for commercial purposes. Now, DHL claims to have become the first international express company to provide drone delivery services in China, deploying a ‘Falcon’ named UAV produced by local developer EHang. Read more >>
IN BRIEF - THE LATEST AIR CARGO INDUSTRY NEWS Read more >>
India’s largest airline, IndiGo is facing turbulence following an alleged rift between its co-founders Rakesh Gangwal and Rahul Bhatia over the low-cost carrier's expansion strategy, local media report. The tension is about the question whether a tie-up with an international carrier makes sense.
The ministerial approval of the so-called ‘Schiphol Local Rule 2’ was published in the ‘Staatscourant’, the Dutch government’s official mouthpiece. The rule will apply as of the winter season of 2019/2020 and throughout the summer season of 2021. However, forwarders point out that the decision does not ease the slot shortage situation. Read more >>
Hong Kong’s Cathay Pacific Airways (CX) is ready to cut capacity or cancel flights should the U.S.-China trade war result in lower demand for its cargo activities.
So far, the tit-for-tat battle had not been “catastrophic” for the company’s freight arm, which generates a quarter of CX’s revenue, the South China Morning Post (SCMP) writes, quoting Cathay Pacific CEO Rupert Hogg. Read more >>
In the EU, e-commerce giant Amazon has started flying goods on intra-European sectors. The air services were secretly launched at two airports: Leipzig-Halle and Cologne-Bonn.Operators are the DHL subsidiaries European Air Transport (EAT), DHL Air, third party airlines flying on behalf of DHL Express, and Dublin-based capacity provider ASL Aviation. Read more >>
It was a busy time last week for Belgium’s Flemish government officials as the old dispute on Ostend Airport’s financial feasibility came to light again when independent environmental groups again demanded that an investigation be held as to how and why licenses were issued to run both Ostend and Antwerp (Deurne) airports. Read more >>
After bidding for financially troubled Indian carrier Jet Airways officially closed on Friday last week, it looks like the Abu Dhabi-based carrier Etihad Airways, which already holds a 24% stake in Jet, will be the only party bidding for the airline, be it that it is a conditional offer. Read more >>
It could be interpreted that there are some elements working behind the scenes in order to delay or make sure that Cargologic Germany does not take to the skies in the near future, or
even at all.
Here is the project’s current status: Read more >>