France-based express package handler Sodexi, a joint venture of Air France-KLM (65 per cent) and Geopost (35 per cent), began operation of a new 7,600 sq m (818,000 sq ft) express freight terminal at Paris-Charles de Gaulle Airport last week. The €22 million (approx. US$25.94 million) facility, owned and developed by Aéroports de Paris, but financed by Sodexi, has an annual capacity of up to 55,000 tonnes of express freight. Jérôme Balbi, managing director of … [Read more...] about Sodexi opens express freight hub at CDG
Freight Forwarders
Silk Way nears deal on three B747-8 freighters
Boeing is nearing an agreement to sell three 747-8 freighters to Azerbaijan’s Silk Way West Airlines, a deal that would end a drought in purchases of the humpbacked jumbo jet. The companies are working toward a purchase agreement that would be valued at US$1.1 billion at list prices, Chicago-based Boeing said in a statement. “Silk Way Group is a longstanding customer and operator of Boeing’s products and services,” said Marty Bentrott, vice president, Middle East, … [Read more...] about Silk Way nears deal on three B747-8 freighters
IAG Cargo joins the top table at AfA
IAG Cargo has become the first international carrier to gain Platinum membership of the Airforwarders Association (AfA) – the organisation that represents the voice of the air freight forwarding industry. As Platinum members, IAG Cargo will help to shape AfA policy and engage in advocacy on key legislation that affects the cargo industry, freight forwarders and airlines, making it an influential industry voice. Other benefits of membership include affinity and training programmes, … [Read more...] about IAG Cargo joins the top table at AfA
APAC airlines report increased cargo demand
Preliminary traffic figures for the month of November released by the Association of Asia Pacific Airlines (AAPA) showed that both international passenger and air cargo markets recorded further growth in demand. International air freight demand accelerated in November, driven by strong growth in shipments of electronic goods going into the year-end festive season. In freight tonne kilometre (FTK) terms, air cargo demand increased by 5.6 per cent, with monthly volumes reaching the year's … [Read more...] about APAC airlines report increased cargo demand
SkyCargo’ all-in rates welcomed by forwarders
The British International Freight Association (BIFA) has welcomed SkyCargo’s move to return to an all-in pricing on air freight shipments to and from Europe from 1st of February and on the airline's global network from 1st of March. The cargo arm of Dubai-based Emirates said the single “all-in” charge would be based on weight plus the current fuel and security fees. This would eliminate the present setup of a base rate plus surcharges for fuel and security. The new policy … [Read more...] about SkyCargo’ all-in rates welcomed by forwarders
IATA reports 4.2% rise in Nov air freight
The International Air Transport Association (IATA) reported November 2014 data for global air freight markets showing that demand measured in freight tonne kilometers (FTK) grew 4.2 per cent compared to November 2013. Capacity grew by 3.3 per cent over the previous November. Compared to October 2014, air freight demand expanded by a healthy 0.8 per cent. The most significant growth was recorded by carriers in the Asia-Pacific and Middle East regions, at 5.9 per cent and 12.9 per cent, … [Read more...] about IATA reports 4.2% rise in Nov air freight
