Cargolux Airlines International S.A. has entered into a strategic partnership in Italy to create Cargolux Italia for intercontinental all-cargo services from Milan's Malpensa airport. Cargolux Italia has applied for a business license and certification with ENAC, the Italian civil aviation authority, in December 2008. It aims to become a fully certified Italian all-cargo carrier. Start of operations is planned as soon as ENAC grants the required permits with the launch date expected in April … [Read more...] about Cargolux goes Italian
Air Cargo Asia
NTSB confirms bird remains in US Airways’ engines
The US National Transportation Safety Board, continuing its investigation into the cause of the 15 January ditching of a US Airways A320 into the Hudson River in New York City, said the left engine was found to contain bird remains. The right engine was earlier judged to contain organic material confirmed as bird remains. … [Read more...] about NTSB confirms bird remains in US Airways’ engines
Fraport sells Germany’s Hahn airport for €1
Fraport AG has sold Frankfurt-Hahn, one of Germany's leading all-cargo airports, for the symbolic price of €1. The company, which also owns Frankfurt-Main airport, Europe's biggest cargo hub, sold its 65 per cent stake in Hahn to the German federal state of Rhineland-Palatinate. Fraport said the deal, effective 1 January, ends all its financial obligations to Hahn, which had operated at a loss for several years. Traffic at Hahn fell 11 per cent in 2008 from the previous year to just under … [Read more...] about Fraport sells Germany’s Hahn airport for €1
Australia competition watchdog fines three more carries
In the latest development revolving around the global air cargo price fixing scandal, Australia's competition watchdog has sued three more airlines over allegations they were involved in price-fixing. Air France-KLM, Martinair and Cargolux have joined Singapore Airlines, Qantas Airways and British Airways over the same allegations made by the Australian Competition and Consumer Commission. The three have agreed to pay fines, with Cargolux saying it has agreed to fines of A$5 million (€2.6 … [Read more...] about Australia competition watchdog fines three more carries
DHL forecasts 20% cargo drop, 1st improvement 2010
The head of DHL Global Forwarding (DHL GF), the world's largest forwarder, said the company expects shipping volume - both air and ocean shipments - around the world to decline 20 per cent in the first half of 2009 and 10 per cent for the full year, based on ongoing shipment data this year and reports from customers. Hermann Ude, chief executive officer of DHL Global Forwarding and Freight, said business out of Asia is particularly weak, with exports from China and Hong Kong, leading the … [Read more...] about DHL forecasts 20% cargo drop, 1st improvement 2010
Boeing to go ahead with B747-8F
Boeing last week insisted it was going ahead with production of its planned B747-8 aircraft, despite reports questioning the airframe manufacturers commitment. The next-generation 'Jumbo' has been met with luke-warm interest on the passenger side, with slightly better interest coming from the cargo market, but reports suggested a decision on whether production would go ahead remained in the balance, due to a low level of orders for the Intercontinental passenger version. The redesigned and … [Read more...] about Boeing to go ahead with B747-8F
