American Airlines Cargo has introduced three new mainland European cities - Athens, Lisbon and Venice - to its summer schedule for 2015. Cargo service between Lisbon and Philadelphia as well as Venice and Philadelphia commenced on 29 March. Service between the Greek capital, Athens and Philadelphia will start on 15 April. Lisbon and Athens will be served using a B757 aircraft, and Venice will see an A330-300. “These are three great additions … [Read more...] about AA Cargo adds three European destinations
Express
FedEx set to buy TNT for €4.4 billion
FedEx Corp's €4.4 billion bid Tuesday for TNT Express took the world's last large potential integrator acquisition target off the table, marking a victory in FedEx's battle to gain market share from rival United Parcel Service Inc. In 2013, European regulators blocked a $6.9 billion bid from Atlanta-based UPS, the world's largest package delivery company, for TNT on grounds that the combined companies would have more than 30 per cent of the European market. The transaction would … [Read more...] about FedEx set to buy TNT for €4.4 billion
Fondevilla to head CEVA’s automotive biz
CEVA Logistics has appointed Antonio Fondevilla as executive vice president responsible for the company’s global Automotive sector. The automotive sector accounted for 24 per cent of the company’s annual revenue in 2014. Fondevilla has more than 20 years of supply chain management and automotive logistics experience. He joined CEVA in 2008 and most recently served as vice president, global Key Account Management, as well as the company’s interim leader of the European … [Read more...] about Fondevilla to head CEVA’s automotive biz
Fondevilla to head CEVA’s automotive biz
CEVA Logistics has appointed Antonio Fondevilla as executive vice president responsible for the company’s global Automotive sector. The automotive sector accounted for 24 per cent of the company’s annual revenue in 2014. Fondevilla has more than 20 years of supply chain management and automotive logistics experience. He joined CEVA in 2008 and most recently served as vice president, global Key Account Management, as well as the company’s interim leader of the European … [Read more...] about Fondevilla to head CEVA’s automotive biz
ABC reports 20% increase in Q1 tonnage
AirBridgeCargo Airlines (ABC) has reported a 20 per cent increase in tonnage for the first quarter of 2015, continuing the trend set by previous years. In the January 1-March 31 period this year, ABC carried 103,816 tonnes across its international route network connecting customers in Europe, the US and Asia Pacific through its hub in Moscow. Denis Ilin, executive president of AirBridgeCargo, said: “20 per cent growth of tonnage and 28 per cent growth of FTK is a solid first … [Read more...] about ABC reports 20% increase in Q1 tonnage
VietJet in talks over joint ventures
Vietnam-based low-cost carrier (LCC) VietJet Air is looking to expand its north Asian reach using alliances and joint ventures (JV) with other airlines, rather than extend its existing route network. The airline said it initially wants to establish JVs with other carriers in South Korea, Japan and Taiwan. Speaking to Reuters, VietJet managing director Luu Duc Khanh said the north Asian market holds more appeal for the Vietnamese budget carrier as it is relatively less competitive. … [Read more...] about VietJet in talks over joint ventures
