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Asian carriers see precipitous 12% Feb cargo decline

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International air cargo demand continues to suffer from the weakness in global trade volumes, as well as the Lunar New Year seasonal slowdown in factory operations in the region, according to the Association of Asia Pacific Airlines (AAPA). This made for distinctly gloomy cargo figures in February, with a 12.1 per cent decline (year-on-year) in air cargo demand as measured in freight tonne kilometre (FTK) terms for the month. Freight load factors for the region's carriers remained under … [Read more...] about Asian carriers see precipitous 12% Feb cargo decline

Qatar begins eight flights a week to Birmingham

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Qatar Airways has inaugurated the airline’s fourth UK gateway with direct flights between Doha and Birmingham using B787 Dreamliners. The inaugural flight touched down at sunrise on 30 March and was greeted by a traditional water salute. The addition of Birmingham marks the fourth UK gateway for Qatar Airways after London Heathrow, Manchester and Edinburgh, with the eight weekly services operated by the B787 Dreamliner aircraft. Qatar Airways group chief executive, Akbar Al Baker said: “We … [Read more...] about Qatar begins eight flights a week to Birmingham

FCS, WFS merger at Frankfurt complete

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The operations of FCS Frankfurt Cargo Services GmbH and WFS Worldwide Flight Services in Frankfurt have been fully merged following the takeover of FCS by WFS a few months ago. Since 1 February 2016 FCS has been in charge of the WFS handling - with physical handling carried out by FCS using its warehouse facilities. All customers of WFS were smoothly moved to the FCS premises due to an optimised restructuring of the existing capacity, the pair said, adding that documentary handling of all WFS … [Read more...] about FCS, WFS merger at Frankfurt complete

Brazil quashes UPS appeal over FedEx’s TNT takeover

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FedEx Corporation has gained approval from Brazil's anti-trust authorities as the Conselho Administrativo de Defesa Econômica (CADE) has rejected a third-party appeal filed by United Parcel Service over the takeover. UPS appealed after Brazil unconditionally approved the $4.8 billion deal in February. FedEx has already obtained regulatory approval from anti-trust bodies in the EU, and the US while it is still in pursuit of a similar green signal from authorities in China. The consolidation … [Read more...] about Brazil quashes UPS appeal over FedEx’s TNT takeover

Brazil quashes UPS appeal over FedEx's TNT takeover

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FedEx Corporation has gained approval from Brazil's anti-trust authorities as the Conselho Administrativo de Defesa Econômica (CADE) has rejected a third-party appeal filed by United Parcel Service over the takeover. UPS appealed after Brazil unconditionally approved the $4.8 billion deal in February. FedEx has already obtained regulatory approval from anti-trust bodies in the EU, and the US while it is still in pursuit of a similar green signal from authorities in China. The consolidation … [Read more...] about Brazil quashes UPS appeal over FedEx's TNT takeover

Raya Airways begins ambitious, but measured expansion

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Having recently taken delivery of its first dry-lease B767F in early March, Subang, Malaysia-based Raya Airways (the former Transmile Air Services) is now setting off on a carefully-charted expansion plan that will see its fleet grow to six aircraft and new services to Japan, China, South Korea and India by year-end. “We are very much a Southeast Asian-targeted, regional airline, but we have aspirations to go beyond that,” says Raya’s commercial director, Lee Shashitheren speaking to media in … [Read more...] about Raya Airways begins ambitious, but measured expansion