E-commerce giant Amazon looks to be taking steps to operate its own air freight service to compete with the likes of FedEx and UPS, with tests taking place out of DHL’s former US hub in Wilmington, Ohio. The aim would be to improve efficiency and cut its US$4.2 billion (2014) net shipping costs. A posting on Airline Pilot Forums in late October by an individual claiming to be a pilot said that two B767s were in operation for Amazon. Various media reports have suggested the tests, said to be … [Read more...] about Amazon looks to be quietly testing own air cargo ops from Wilmington
Leasing & Chartering
Air Partner winds down Ebola relief work
Air Partner is winding down its Ebola relief work after more than a year as Sierra Leone is declared Ebola-free. The weekend of the 7-8 November marked a promising milestone in the fight against Ebola, with Sierra Leone being declared Ebola-free by the World Health Organisation and no new cases reported in Guinea – a first since the epidemic broke out in March last year. While the war against the disease is by no means over nevertheless, huge progress has been made since the peak of the … [Read more...] about Air Partner winds down Ebola relief work
Bohai Leasing to take 20% stake in Avolon Holdings
China-based leasing company Bohai Leasing is to buy a 20 per cent stake in Ireland-based Avolon Holdings for US$429 million. A unit of China's aviation and shipping conglomerate HNA Group, Bohai expects the offer to be formally launched by end-July following the approval of its shareholders. The transaction will provide HNA access to a global aircraft leasing market that is currently dominated by GE Capital and AerCap Holdings. Avolon chairman Denis Nayden said: "Our objective at Avolon is to … [Read more...] about Bohai Leasing to take 20% stake in Avolon Holdings
Air Works, Acumen Aviation in partnership
Air Works, India's leading aviation services company, has announced a strategic partnership with Acumen Aviation Europe through a minority investment. With this partnership, Air Works enters the large and growing aircraft asset management business, building greater presence in Europe, Asia and the US. The partnership will focus on providing customers a single source for best-in-class aviation services. Acumen is an Aircraft Asset Management Services company with … [Read more...] about Air Works, Acumen Aviation in partnership
TIACA welcomes WCO’s adoption of SAFE updates
The Air Cargo Association (TIACA) has welcomed the World Customs Organisation (WCO) Council’s adoption of important updates to its SAFE Framework of Standards to Secure and Facilitate Global Trade. As part of the changes, the WCO recently formally adopted the so–called ‘7 + 1’ data set as the requirement for risk data analysis, helping to standardise basic Pre-Loading Advance Cargo Information (PLACI) processes. “This is a major step forward for … [Read more...] about TIACA welcomes WCO’s adoption of SAFE updates
TIACA welcomes WCO’s adoption of SAFE updates
The Air Cargo Association (TIACA) has welcomed the World Customs Organisation (WCO) Council’s adoption of important updates to its SAFE Framework of Standards to Secure and Facilitate Global Trade. As part of the changes, the WCO recently formally adopted the so–called ‘7 + 1’ data set as the requirement for risk data analysis, helping to standardise basic Pre-Loading Advance Cargo Information (PLACI) processes. “This is a major step forward for … [Read more...] about TIACA welcomes WCO’s adoption of SAFE updates
