The Air France-KLM-Martinair Cargo group has said it is currently studying the future of its cargo business and the role of dedicated freighters within that business. The results of this study, expected to be announced by mid-July, cover anything from continuing with the status quo, to drastic action that could include exiting dedicated freighter operations altogether, the group’s senior cargo management said recently. Speaking at a press conference at Amsterdam Airport … [Read more...] about “All options” on the table for AF-KLM group
Leasing & Chartering
“All options” on the table for AF-KLM group
The Air France-KLM-Martinair Cargo group has said it is currently studying the future of its cargo business and the role of dedicated freighters within that business. The results of this study, expected to be announced by mid-July, cover anything from continuing with the status quo, to drastic action that could include exiting dedicated freighter operations altogether, the group’s senior cargo management said recently. Speaking at a press conference at Amsterdam Airport … [Read more...] about “All options” on the table for AF-KLM group
Cathay cargo terminal officially opens at HKIA
The HK$5.9 billion (US$720 million) Cathay Pacific Cargo Terminal at Hong Kong International Airport, which began operations in February last year and became fully operational in October, has been officially opened. The terminal is a wholly-owned subsidiary of Cathay Pacific Airways Limited. Chief executive of the Hong Kong special administrative region Leung Chun-ying said at the opening: “Maintaining Hong Kong’s position as an international aviation hub hinges on two … [Read more...] about Cathay cargo terminal officially opens at HKIA
Air Partner sees encouraging business recovery
Global chartering company Air Partner said its freight business is recovering significantly, albeit from a low base. There was significant activity related to aid agency work associated with relief efforts after Typhoon Haiyan in the Philippines, it noted. "Although this specific work will not repeat, all of the group's business is mostly one-off in nature, but with customers and underlying drivers of activity recurring," the company said in a statement. Meanwhile the largest … [Read more...] about Air Partner sees encouraging business recovery
Air cargo continues fragile recovery: IATA
The International Air Transport Association (IATA) released figures showing a small improvement in air freight growth in October, with global freight tonne kilometers (FTK) up four per cent compared with October 2012, with growth in all regions except Africa. IATA said the gradual expansion continues a trend that began in the third quarter as air freight markets have responded to better economic confidence and improved consumer demand. However, performance varies significantly by region, … [Read more...] about Air cargo continues fragile recovery: IATA
Ruslan cargo doubles Phil’s aid handling capacity
Ruslan International – the company which manages and markets the combined Antonov An-124 fleets of its shareholders Antonov Airlines and Volga Dnepr Airlines – has carried a vital shipment of airport cargo handling equipment from Amsterdam to Cebu, Philippines. The equipment is assisting in the ongoing processing of international relief cargo, following the devastating Typhoon Haiyan. Largest item of the 85 tonne load was a dual-platform maindeck loader, capable of … [Read more...] about Ruslan cargo doubles Phil’s aid handling capacity
