Finnair Cargo has become the latest carrier to join IAG Cargo’s innovative Partner Plus programme, through which members agree to interline on each other’s metal on a commercially booked basis. Through this partnership, both IAG Cargo and Finnair are able to deliver enhanced network connectivity to their customers, who will also benefit through confirmed bookings and a higher on-load priority. Steve Gunning, CEO of IAG Cargo, commented: “Our Partner Plus programme is much … [Read more...] about Finnair joins IAG Cargo's partner programme
Express
DB Schenker names Gilbert Americas CEO
DB Schenker announced the appointment of Philippe Gilbert to the position of regional CEO, Americas, effective 1 March 2015. Gilbert joined DB Schenker Americas in March 2013 as regional director, Europe West, and has made a significant contribution to the company both strategically and financially over the last two years. He is taking over the CEO role from Heiner Murmann, who is retiring from that position but continuing his 20-year tenure with the company as a member of the Schenker AG global … [Read more...] about DB Schenker names Gilbert Americas CEO
Japan Post to buy Toll for US$5B
State-owned Japan Post will buy Australian logistics company Toll Holdings Ltd. for US$5.07 billion, as it seeks new sources of growth ahead of an initial public offering planned for later this year. Under the deal, Toll will retain its name and run as a division under Japan Post. Toll’s board of directors has unanimously recommended shareholders accept the offer. The move came as Toll announced a 22 per cent slide in its first half profit because of challenging economic … [Read more...] about Japan Post to buy Toll for US$5B
Cathay gives Kolkata its second freighter service
Cathay Pacific Airways has launched a new service to Kolkata, India, commencing 11 March 2015. Cathay Pacific will become the only carrier providing direct freighter services between Kolkata and Hong Kong. The scheduled service will operate twice a week on a HK-New Delhi-Kolkata-HK routing. It will strengthen the airline’s airfreight presence within the subcontinent, offering customers choice and flexibility when moving goods between South Asia and other parts of the world. Cathay … [Read more...] about Cathay gives Kolkata its second freighter service
Lufthansa takes delivery of fifth Triple Seven
Lufthansa Cargo has taken delivery of its fifth and final Boeing 777F freighter aircraft. D-ALFE landed in Frankfurt for the first time on 12 February on its delivery flight from Everett near Seattle. As part of its strategic programme “Lufthansa Cargo 2020”, the freight airline has ordered a total of five new Triple Seven aircraft. In November 2013 the first machine entered regular service. In addition, Lufthansa Cargo has options for five further Boeing 777Fs with delivery to … [Read more...] about Lufthansa takes delivery of fifth Triple Seven
DHL invests in new hub at Brussels Airport
DHL will invest EUR 114 million (approx. US$129 million) in the construction of a new hub at Brussels Airport. The new hub is expected to triple capacity from 12,000 to 39,500 shipments per hour. The original Brussels facility was set up in 1985 as a regional hub. In the last five years, Brussels has enjoyed solid double-digit volume growth. Due to this continuous growth and its central location in Europe, the Brussels Hub is increasingly being used as an international and transit hub, … [Read more...] about DHL invests in new hub at Brussels Airport
