UPS Airlines said that by August, it will fly the last of its 16 remaining 727s in its fleet to the New Mexico desert, where they’ll be stored. The planes, built from the early 1960s until August 1984, no longer fit UPS’ needs, spokesman Mark Giuffre said. UPS has placed several orders for new planes over the past year or two, including 27 Boeing 767-300ER freighters announced last month. The freighters are to be delivered between 2009 and 2012. The company also has firm … [Read more...] about UPS to retire B727 fleet
Carriers
TNT eyes expansion in North Malaysia
TNT has appointed a dedicated general manager for Malaysia’s northern region, in line with the company’s long-term growth strategy for the region. The appointment is TNT’s first dedicated senior appointment focused on managing and harnessing the growth potential in north Malaysia. Last year, TNT embarked on an aggressive growth strategy, investing more than RM15 million in new facilities and services, including RM 8 million in its Global Express Centre in Penang. … [Read more...] about TNT eyes expansion in North Malaysia
AirBridge Cargo (ABC)
Russia¡¯s AirBridge Cargo (ABC) has joined the Transported Asset Protection Association (TAPA) and subscribed to all security procedures as recommended by TAPA. … [Read more...] about AirBridge Cargo (ABC)
LATE NEWS: HACTL inks deal with Hong Kong Express
Hong Kong Air Cargo Terminals Limited (Hactl) has signed an agreement with Hong Kong Express Airways under which it will become its service provider at the Hong Kong International Airport. The services provided by Hactl to Hong Kong Express Airways include physical cargo handling and air cargo documentation handling. The Hong Kong-based carrier currently operates scheduled services between Hong Kong, Chengdu, Chongqing, Hangzhou, Ningbo, Xian and Chiang Mai. … [Read more...] about LATE NEWS: HACTL inks deal with Hong Kong Express
AMERICA: World acquired by Global Aero Logistics
World Air Holdings, parent company to World Airways and North American Airlines has entered into an agreement to be acquired by Global Aero Logistics for US$315m in an allcash transaction. MatlinPatterson Global Opportunities Partners II is the majority shareholder of Global Aero Logistics, which owns ATA Airlines. As a result of the transaction, Global Aero Logistics will operate all three independent airlines under one umbrella. The transaction is subject to the approval of World Air … [Read more...] about AMERICA: World acquired by Global Aero Logistics
RUSSIA: EMEX expands express network
Russian express company EMEX has announced major expansion plans to extend its network and offer new services. It aims to double turnover this year and in 2008. EMEX will open a new branch in Novosibirsk, its 25th office, and aims to have 35 branch offices and agencies across Russia by the end of this year. Established in 2003 with a single office in Moscow, the company now has outlets in most major Russian cities as well as a network of agents covering various regions. EMEX … [Read more...] about RUSSIA: EMEX expands express network
