Finnair plans to invest approximately €80 million (US$87.76 million) into a new cargo terminal at Helsinki Airport, near the airline’s technical operations area. Construction of the 377,000-square-foot facility is to begin immediately, with opening anticipated for spring 2017. To accommodate Finnair’s acquisition of the new A350XWB aircraft, the new terminal has been planned to handle approximately 50 per cent more capacity, which the new aircraft is expected to provide … [Read more...] about Finnair to build new cargo terminal
Freight Forwarders
Marken opens Shanghai pharma logistics centre
Marken has opened a new logistics operations centre in Shanghai, China. Located close to both the Hongqiao and Pudong airports, the new office within the Zhangjiang high tech district is also in close proximity to several of Marken's existing pharma clients. Temperature controlled vehicles will join Marken's fleet to provide ground transportation for time and temperature sensitive shipments. With Asia now a top clinical trial destination, Marken said its growth in … [Read more...] about Marken opens Shanghai pharma logistics centre
IAG starts Colombia route, reconnects with Cuba
From this summer, IAG Cargo is starting a new route into Colombia and reopening its route into Cuba. The new services will connect Cali and Medellín in Colombia and Havana in Cuba to IAG Cargo's worldwide network of 350 destinations, and will bring the total of IAG Cargo gateways in Latin America to 19. Additionally, IAG Cargo is increasing the number of flights it offers to and from Santo Domingo in the Dominican Republic from five flights a week to daily, effective from1 April 2015. … [Read more...] about IAG starts Colombia route, reconnects with Cuba
LATAM cargo revenue down by 4.7%
Santiago-based LATAM Airlines Group narrowed its year-on-year net loss for 2014 to US$109.8 million from $281.1 million in 2013, drawn on this year's revenues of US$3.04 billion, which fell 1.7 per cent. Q4 net profit was US$98.3 million against a year-on-year net loss of US$46.1 million. This result includes a foreign exchange loss of US$90.3 million mostly in consequence of the devaluation of the Brazilian real during the quarter. The airline reported a strong improvement in operating … [Read more...] about LATAM cargo revenue down by 4.7%
Disruptions in LAN Airline cargo flights
A number of flights of LAN Airlines could be affected by industrial disputes in South America. The unions of LAN Airlines will begin a series of actions on Wednesday, 25 March in Chile, Colombia, Ecuador and Miami. To date the company has not responded to the union’s demands to improve working conditions. LAN Airlines workers are responsible for passenger safety, airplane maintenance, and customer connections in airports. “National and international passengers could be subject to … [Read more...] about Disruptions in LAN Airline cargo flights
Thai to exit freighter services, sell off 22 aircraft
Thai Airways has announced the latest step in its major restructuring plans that will see it sell off 22 of its aircraft and terminate freighter services as it struggles to overcome seven straight months of losses. The carrier - with nearly US$5.9 billion in debts - will cease operating its final two B747-400BCF services by end of the month. Thai Airways was once a leader in the cargo market, but the company has stopped and started its freight services multiple times in recent years. The … [Read more...] about Thai to exit freighter services, sell off 22 aircraft