IAG Cargo has completed a number of significant infrastructure upgrades to Premia, its London Heathrow-based premium freight handling facility. According to IAG, customers using relevant their cargo premium products, including Constant Climate and Prioritise, will benefit from an even higher standard of customer service, helping to ensure that shipments get to their markets on time and in perfect condition. Some of the key enhancements include over 50 per cent improvement in loose handling … [Read more...] about IAG upgrades Heathrow freight handling facility
Express
Asiana to pay $55M in freight case
South Korean Asiana Airlines will pay US$55 million to purchasers of freight shipping services to resolve claims of price-fixing. The airline is one of more than two dozen worldwide that faced allegations of conspiring to inflate shipping prices in the case in federal court in Brooklyn, New York. Settlements have been reached with 22 airlines so far totalling US$903 million, lawyers for the plaintiffs said. … [Read more...] about Asiana to pay $55M in freight case
Xiamen Airlines to acquire Hebei Airlines
China Southern Airlines has approved Xiamen Airlines' acquisition of a 95.4 per cent equity interest in Hebei Airlines for CNY680million (US$106.3 million). China Southern said its subsidiary had also been given the greenlight to acquire Sichuan Airlines' 3.83 per cent stake in Hebei for CNY69 million giving it control of 99.23 per cent of Hebei's total stock. Xiamen Air will inject US$130.3 million into Hebei over the next three years and will also offer it a short-term loan valued up to … [Read more...] about Xiamen Airlines to acquire Hebei Airlines
IndiGo signs MoU for 250 A320neo aircraft
IndiGo and its co-founders, Rakesh Gangwal and Rahul Bhatia, group managing director of InterGlobe, have signed an MoU for 250 A320neo Family aircraft. The agreement will become Airbus’ single largest order by number of aircraft. Aditya Ghosh, president of IndiGo said, “This new order reaffirms IndiGo’s commitment to the long-term development of affordable air transportation in India and overseas. The IndiGo team is energised and excited to herald this new phase of our … [Read more...] about IndiGo signs MoU for 250 A320neo aircraft
FedEx begins construction of Copenhagen facility
FedEx Express officially 'broke ground' at the site of its new gateway facility at Copenhagen Airport – signalling the official start of construction. The new facility will serve as a gateway for inbound and outbound shipments for Denmark, Finland, Norway, and Sweden. In addition, ramp, freight and sort facilities will be combined in a single location, allowing the efficient and smooth processing of shipments, supported by a modern automated sort system. "We are investing in this … [Read more...] about FedEx begins construction of Copenhagen facility
Palau Pacific Airways launches Koror-HK service
Starting 1 November, Palau Pacific Airways will offer Koror to Hong Kong Chek Lap Kok flights using a B737-300. The Palau start-up also announced plans to offer flights to Taipei Taoyuan, Guam International, and Japan. … [Read more...] about Palau Pacific Airways launches Koror-HK service