Toll Group, a leading provider of integrated logistics in the Asian region, has released interim results for the six months ended 31 December 2011, with a net profit after tax of A$158 million, down four per cent compared to the corresponding period, and sales revenue of A$4.4 billion, up five per cent. Total operating profit (EBIT) was A$248 million, down two per cent. Net profit was down 3.7 per cent to 157.9 million. Brian Kruger, managing director of the Toll Group said: “These … [Read more...] about Toll rides through challenging conditions
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Swissport launches cargo handling in Copenhagen
Swissport’s cargo handling facility at Copenhagen Airport (CPH), Scandinavia’s busiest airport, will begin operating on 1 July, becoming Swissport’s first cargo station in the Nordics. Swissport will offer the full range of cargo handling services in Denmark, and is also looking to expand further in the region. The agreement with Swiss WorldCargo is an expansion of the already wellestablished global cooperation between the two organisations. Swissport has also already signed … [Read more...] about Swissport launches cargo handling in Copenhagen
Eritrean Airlines returns to Frankfurt & Fraport
Fraport Cargo Services (FCS) has taken over cargo handling for Eritrean Airlines as of 17 April following the resumption of scheduled flights from the Eritrean capital of Asmara. To start, the route will be served three times weekly with an A319 aircraft from Asmara via Rome to Frankfurt and back to Asmara again. Winfried Hartmann, MD of FCS, says: “We are very pleased to welcome Eritrean Airlines back as a client. We will support our long-term partner in every way that we can with the … [Read more...] about Eritrean Airlines returns to Frankfurt & Fraport
Swissport and Virgin boost cooperation
Swissport International and Virgin Atlantic Airways have signed a fiveyear agreement to intensify their global cargo collaboration. “This long-term global strategic relationship with regard to cargo handling will allow both parties to explore savings in overhead costs where Swissport could perform additional services with an overall target of improving financial conditions and quality standards,” said John Batten, executive vice president of global cargo at Swissport … [Read more...] about Swissport and Virgin boost cooperation
Dnata’s FreightGate-8 volumes continue growth
Dubai’s dnata has said air cargo volumes have grown substantially during the last financial year at its newest terminal, FreightGate-8, located at the new Dubai World Central-Al Maktoum International Airport. The dnata-operated air cargo terminal, which opened in June 2010, currently handles local and sea-air export and import cargo as well as transit cargo at DWC. In 2011-2012 the dnata team handled a total of 127,665 tonnes of air cargo, while the total number of active cargo … [Read more...] about Dnata’s FreightGate-8 volumes continue growth
Celebi bids for Mumbai cargo terminal
The Indian unit of Turkey’s Celebi Hava Servisi is interested in establishing a domestic cargo terminal at Mumbai International Airport (MIAL). The company in a consortium with NAS Aviation Services India has bid for the cargo terminal. The tender that is being offered by MIAL includes construction of the cargo terminal along with its operation and management for 12 years to 31 March 2024, according to a statement by Celebi to the Istanbul Stock Exchange. … [Read more...] about Celebi bids for Mumbai cargo terminal
