Worldwide Air Logistics Group, an affiliate of Southern Air Holdings, will acquire Florida West International Airways, a provider of 767-300 ACMI air cargo services. Florida West operates scheduled and charter services, primarily in Latin America, the Caribbean and the US for its primary customer LAN Cargo. Florida West is based in Miami, Florida, where its headquarters will remain. Southern Air and Florida West will remain separate air carrier operating companies. Each carrier will continue … [Read more...] about Worldwide Air Logistics to acquire Florida West
Leasing & Chartering
Panalpina and Atlas Air renew partnership
Panalpina and Atlas Air are strengthening their long-standing partnership in the air freight industry. As a cornerstone of a new five-year agreement, Panalpina will switch one of its wet-leased aircraft to more than 200 scheduled charters per year, thereby expanding its air freight network. “The new long-term agreement with Atlas Air will intensify our cooperation and increase our joint business,” says Lucas Kuehner, global head of Air Freight at Panalpina. “The switch from … [Read more...] about Panalpina and Atlas Air renew partnership
Saudia Cargo appoints new charter sales director
Saudi Airlines Cargo has appointed of Mike Duggan as director of charter sales. With over 23 years of experience in the aviation industry and various positions mainly in London and Dubai, Duggan has actively contributed to the air cargo business development, aircraft wet leasing, and freighter management in several companies. Saudi Airlines Cargo operates a fleet of dedicated freighters and sells the belly-capacity on passenger aircraft for Saudi Arabia’s flag … [Read more...] about Saudia Cargo appoints new charter sales director
LATAM receives first 787-9 Dreamliner
Boeing and LATAM Airlines Group celebrated the delivery of the airline’s first 787-9 Dreamliner. LATAM Airlines Group is leasing the new airplane from Amsterdam-based lessor AerCap. LATAM Airlines Group will become Latin America’s first operator of both the 787-8 and 787-9 variants of the Dreamliner family when the airline group launches 787-9 services on South American routes in April. With this delivery, LATAM Airlines Group will have 11 787s in its fleet, the most in Latin … [Read more...] about LATAM receives first 787-9 Dreamliner
Sept best month this quarter: WorldACD
September turned out to be the best month of this year's third quarter according to the latest statistics from WorldACD, with a worldwide volume growth of 1.9 per cent year-on-year (YoY) and a modest month-over-month (MoM) yield increase (in USD) of 0.4 per cent, the first such improvement since last February. The origin Africa trade continued to lead with a volume growth of four per cent, similar to this month's growth for the origins Europe and Asia Pacific. The Gulf Area recorded a volume … [Read more...] about Sept best month this quarter: WorldACD
Air cargo ends 2014 up 4.5% on 2013: IATA
The International Air Transport Association (IATA) released full-year air cargo data for 2014 showing 4.5 per cent demand growth compared to 2013 measured by freight tonne kilometres (FTKs), marking a "significant acceleration" from the 1.4 per cent recorded in 2013 over 2012. IATA said the air cargo market expansion gathered momentum as 2014 progressed with the year finishing on a positive note as growth in December accelerated to 4.9 per cent, compared to December 2013. The vast … [Read more...] about Air cargo ends 2014 up 4.5% on 2013: IATA
