The BBC has reported that Aer Lingus will be taken over by International Airlines Group (IAG), the parent company of British Airways and Iberia Airlines. According to several news sources, IAG pitched its latest proposal at €2.50 a share, valuing Aer Lingus at about €1.3 billion (approx. US$1.5 billion). The Irish Government owns a 25.1 per cent stake in Aer Lingus, while Ryanair owns 29.9 per cent. If the board accepts the bid the government will have to … [Read more...] about Aer Lingus to accept takeover bid from IAG
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Abu Dhabi airport sees 12.8% cargo growth
Abu Dhabi International Airport handled 797,069 million tonnes of cargo in 2014, representing a 12.8 per cent on the previous year. Th airport also welcomed 20 million passengers during 2014, which is 20 per cent more than in 2013 and a record year for the airport. Commenting on these numbers, H.E. Ali Majed Al Mansoori, chairman of Abu Dhabi Airports, said: “Abu Dhabi Airports is playing a fundamental role in supporting the drive by the emirate of Abu Dhabi to grow its global … [Read more...] about Abu Dhabi airport sees 12.8% cargo growth
Etihad switches to new cargo management system
Etihad Cargo has cutover to a new cargo management system on 18 January 2015 to provide its customers with greater communication and improved handling processes. The new cargo management system was developed in partnership with Hermes Logistics Technologies to meet Etihad Cargo’s specific requirements and provides an integrated IT solution that encompasses all the physical handling, documentation and messages, in real-time. A key benefit of implementing the new system is that it … [Read more...] about Etihad switches to new cargo management system
Centurion to restore Miami-Amsterdam route
Miami-based freighter operator Centurion Cargo will restore its Miami-Amsterdam route on 19 February 2015. The route will be operated by B747-400 nose-loading freighters. … [Read more...] about Centurion to restore Miami-Amsterdam route
E-retail drives India’s demand for warehousing space
Almost 25 per cent of the total warehousing/logistics space uptake across the country in 2014 was by e-retail players, while the uptake of logistics space rose by more than seven times over that of 2013. India’s online retail sector saw exponential growth, as a number of local market-specific services—such as cash on delivery (COD), multiple payment options, and EMI options—assisted in developing the growth curve of e-commerce in the country, according to the findings of … [Read more...] about E-retail drives India’s demand for warehousing space
Wholesaler AMI adds Schiphol to its network
Air Menzies International (AMI) – a trade-only airfreight and express freight wholesaler – is now fully operational at Amsterdam Airport Schiphol. The latest AMI branch gives the company a presence at three of Europe’s five top air cargo gateways, and brings its core network to a total of 24 branches on four continents. AMI Amsterdam has achieved IATA CASS status, so it can now buy space on departures direct from Schiphol, in addition to routeing cargo via its main London … [Read more...] about Wholesaler AMI adds Schiphol to its network
