The Dutch Minister of Infrastructure Cora van Nieuwenhuizen has officially approved the local rule for slot allocation at AMS. This should put an end to a controversial and sometimes fierce debate over traffic rights and the role cargo plays at Schiphol airport. Read more >>
Luxembourg’s national freight carrier Cargolux achieved an outstanding financial result in fiscal 2018. The airline’s consolidated net profit reached 188 million euros (US$211 mn), up €79 million (US$ 89 mn) on 2017. The decisive reason for the success was the performance improvement compared to the year before, reads a company release. Read more >>
The new Belgian cargo carrier ‘Air Cargo Europe (ACE) Belgium Freighters’ was granted its AOC last Thursday. Initially it will connect its hub at Liege Airport with New York (JFK). But its further ambitions are in scheduled flights to China. Read more >>
Facing fierce competition from local rivals Alibaba and JD.com, e-commerce giant Amazon has decided to wind-down its Amazon China marketplace and focus instead on cross-border
sales.
In a statement, the U.S.-based company said that it is working to shift customers to its Amazon Global Store and sellers to its Global Selling operations. Read more >>
Some might say that Amazon is getting too mighty and others might comment that they are heavily involved in the U.S. American market, but not being successful in establishing themselves in Asia or expanding fast enough in Europe. Whichever of these points may be true, fact is also that Amazon is intent on expanding their aircraft fleet to meet future demand in both the U.S. and Europe.
Indian airline Jet Airways has temporarily suspended all its domestic and international flights after failing to find fresh funding.
In a statement, Jet Airways' CEO Vinay Dube said the airline had no choice but to suspend the flights, and its last flight would operate on Wednesday as it was not able to pay for fuel
and other critical services. Read more >>
IN BRIEF - THE LATEST AIR CARGO INDUSTRY NEWS Read more >>
German IT provider Riege Software and Automated Brokerage Interface (ABI) software provider NetChb have announced a partnership, offering online solutions for the seamless transmission of entry summaries and release data for shipments destined to customers in the U.S. Read more >>
For years, many of the African exports transported by air to European or Asian markets are transshipped in Dubai or other airports in the Middle East. The same accounts for imports in the opposite direction. This will change, hold the top managers of Ethiopian Cargo. In the medium term, Addis Ababa’s Bole International will become Africa’s prime hub for consolidations and transshipments, siphoning business away from their peers in the Middle East. Read more >>
China's heavily indebted HNA Group has finally issued a public statement about the boardroom and shareholder infighting which has been going on for several days at its financially struggling carrier Hong Kong Airlines (HKA). HNA holds a 29% stake in the unit. Read more >>
Around 1,100 pilots of crisis-hit Indian carrier Jet Airways, who are members of India's National Aviator's Guild (NAG), have decided not to fly from 10 am this Monday in protest against "non-payment of salary dues, the Press Trust of India quoted a source as saying. About 1,100 of Jet Airways’ 1,600 pilots are members of the NAG. Read more >>
As India started its six-week-long general election process last week, the government of prime minister Narendra Modi launched an investigation in the chances of survival of debt-stricken
carrier Jet Airways.
The airline last week cancelled most of its international flights to Europe and Asia, after cargo handler Worldwide Flight Services (WFS) seized one of its B777s at Amsterdam Schiphol
Airport because of unpaid fees, further deepening worries about its survival and the fate of its 23,000 employees.
