SF Express, the largest private express logistics firm in China, is set to build cargo air hub in central China after an airport site-selection report was approved by Civil Aviation Administration of China (CAAC). A freight airport is expected to be built at the town of Yanji, about 75 km east of Wuhan, the capital of central Hubei province, according to a China Daily report. The choice of the airport in Yanji enables it to cover most of the mainland within one-and-a-half hours of air … [Read more...] about SF Express gets CAAC approval on Wuhan air hub
IAG takes a hit on cargo in Q1, but remains positive
IAG Cargo has today announced its Q1 2016 results, reporting commercial revenue of €262 million over the period from 1 January to 31 March 2016, a decrease of 1.5 per cent compared to 2015. Adjusting the prior year's figures to reflect a directly comparable operation, commercial revenue decreased 8.6 per cent versus last year at constant exchange. Challenging market conditions continue, on a like-for-like basis IAG Cargo’s volumes were down 1.8 per cent, while yields decreased 6.9 per … [Read more...] about IAG takes a hit on cargo in Q1, but remains positive
ABC speeds F1 cars to the start line for Russian Grand Prix
The fast-moving world of Formula 1 motor racing found the perfect cargo airline in AirBridgeCargo Airlines (ABC) to ensure every competitor was on the starting line of the 2016 Russian Grand Prix in Sochi from 29 April to 1 May. ABC has successfully prepared and operated a series of six B747 charter flights from Shanghai to Sochi following the Chinese Grand Prix on 17 April. The racing cars, car frames and other vehicle parts, as well as special equipment, were safely transported in special … [Read more...] about ABC speeds F1 cars to the start line for Russian Grand Prix
Lufthansa Cargo goes ‘disruptive’ with RocketSpace
Lufthansa Cargo has announced a new focus on technology startups to accelerate digital innovation alongside US-based RocketSpace. The move makes Lufthansa’s logistic division the first freight airline globally to participate in the new 'Logistics Tech Accelerator' programme. RocketSpace has been helping tech startups and corporate innovation professionals bring the future to market since 2011. As a part of the programme, Lufthansa Cargo will educate startups on the business objectives of the … [Read more...] about Lufthansa Cargo goes ‘disruptive’ with RocketSpace
Volga-Dnepr completes its first-ever Antartica ‘season’
Volga-Dnepr Airlines first-ever ‘season’ of cargo flights to Antarctica transported over 190 tonnes of cargo to support the new DROMLAN international Antarctic project supported by nations including Belgium, Germany, Finland, India, Japan, the Netherlands, Norway, Russia, South Africa, Sweden and the United Kingdom. On behalf of the project, run by the Antarctic Logistics Centre International (ALCI), Volga-Dnepr completed 12 return flights using its IL-76TD-90VD freighter. The flights … [Read more...] about Volga-Dnepr completes its first-ever Antartica ‘season’
Etihad posts 5th year of net profits in ‘15, cargo performed well
Etihad Airways, the national airline of the United Arab Emirates, today announced its strongest annual financial results to date and the airline’s fifth consecutive year of net profitability, with a net profit of US$103 million on total revenues of US$9.02 billion. Etihad Airways’ cargo division continued to perform well in 2015 with freight and mail volumes rose 4.0 per cent to 591,000 tonnes, making it one of the world’s most successful air freight operations. Accounting for 88 per cent of … [Read more...] about Etihad posts 5th year of net profits in ‘15, cargo performed well
