IAG Cargo has announced its 2014 full year results, reporting commercial revenue (flown revenue plus fuel surcharges) of €992 million (approximately US$1.11 billion) over the period from 1 January to 31 December 2014, a decrease of 7.5 per cent on 2013. On a like for like basis, adjusting the prior year's figures to reflect a directly comparable freighter operation, commercial revenue increased 2.4 per cent versus last year. On a like for like basis, volumes of 5,453 million cargo … [Read more...] about IAG Cargo revenue drops 7.5%
Express
Panalpina expands air freight network to Brazil
Panalpina is expanding its controlled air freight network by adding a full-freighter service to Brazil. As of March, Panalpina will not only operate scheduled charter flights from Hong Kong to Huntsville, but also from Huntsville to São Paulo. The extended service is part of the recently renewed long-term agreement between Panalpina and Atlas Air. It offers scheduled main deck capacity to South America from the US and a record transit time of less than 40 hours from Hong Kong to … [Read more...] about Panalpina expands air freight network to Brazil
SmartKargo pulls a coup, brings Vertannes onboard
Barely eight months into his retirement, former global head of cargo for the International Air Transport Association (IATA), Des Vertannes has re-joined the air cargo industry, taking up a role as strategic advisor for IT firm, SmartKargo. Announcing Vertannes’ new role in the company, Jay Shelat, SmartKargo executive VP, Sales and Marketing said: "We are fortunate to have Des on board. “Des’ more than four decades of air cargo experience, … [Read more...] about SmartKargo pulls a coup, brings Vertannes onboard
Finnair joins IAG Cargo’s partner programme
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
Finnair joins IAG Cargo's partner programme
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
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