Brussels Airport remains locked down today after dual terrorist attacks struck BRU and the Maelbeek Metro station in the Belgium capital yesterday killing at least 30 and wounding more than 200. ISIS has since claimed responsibility for the three blasts. All flights - both passenger and cargo - have been cancelled until further notice the airport said in a statement. The airport will remain closed for at least today as police forensic personnel collect evidence and damage to the terminal is … [Read more...] about Terrorist bombs strike Brussels Airport, Metro
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Dual hub strategy pays off for Cargolux
The Cargolux Group has ended the financial year (and 45th anniversary year) defying an environment of low yields, continued overcapacity and declining volumes, with record levels of tonnage, block hours and crucially, a net profit after tax of US$49 million. The company outperformed not only the market, but also its direct competitors in Europe who, in a number of cases, retired freighters or reduced their air cargo activities. “It is a sign of our company’s strength that, despite the energy … [Read more...] about Dual hub strategy pays off for Cargolux
WCS faces up to industry challenges
“The air cargo industry has had a rollercoaster ride over the last decade. But the continued success of the World Cargo Symposium, culminating in a record attendance of over 1,100 delegates in Berlin this year, shows the commitment of the industry to share best practice and generate action plans to tackle the industry’s greatest challenges,” said Glyn Hughes, IATA’s global head of cargo. Discussions over four days at the WCS focused on the challenge of potentially disruptive new technologies … [Read more...] about WCS faces up to industry challenges
Partnerships are the future for Saudia Cargo
Saudia Cargo is in discussions with at least two Chinese carrier groups on a strategic partnership to extend its footprint in North Asia. Speaking to Payload Asia during the recent Air Cargo India event in Mumbai, Saudia Cargo’s vice-president commercial, Rainer Mueller said talks are ongoing with Chinese carriers including both the Hainan Group and Air China. “What I foresee is the strengthening of our footprint in this area, so it will be similar to our partnership on the North Atlantic and … [Read more...] about Partnerships are the future for Saudia Cargo
Cargo iQ phoenix rises from Cargo 2000
Hitting the ‘reset button’ nearly 20 years after the unfortunately-named cargo quality initiative - Cargo 2000 - was first created, the IATA-supported interest group with the mission of creating and implementing quality standards for the worldwide air cargo industry was officially renamed Cargo iQ at the World Cargo Symposium in Berlin. The rebrand, aside from moving away from the negative imagery of a name that suggests a 16 year lag in reaching its intended goals, is part of a much larger … [Read more...] about Cargo iQ phoenix rises from Cargo 2000
MASkargo, Silk Way West in cargo partnership
Malaysia Airlines Bhd's (MAB) cargo arm MASkargo and Azerbaijan's cargo carrier Silk Way West Airlines have signed a Memorandum of Cooperation that will see both airlines leveraging on each other's aircraft fleet and network in different regions of the world. The strategic partnership between the two air cargo players entails a Block Space Agreement (BSA) on a twice weekly route to and from Kuala Lumpur and Amsterdam via Baku Heydar Aliyev International Airport in Azerbaijan. The weekly … [Read more...] about MASkargo, Silk Way West in cargo partnership