Cargolux has placed a follow-on orderfor three Boeing 747-8 Freighters,valued at $845 million at list prices, andadded two options. This brings the Luxembourg-based cargo operator¡¯s total747-8 Freighter order to 13 aircraft, twooptions and 10 purchase rights. … [Read more...] about Cargolux
air cargo freight
AMERICA: 100 percent cargo screening debated
US Congress pressure to increasesecurity screening of belly cargo hold freight on passenger flights from 30to 100 percent on all US flights willresult in budget cuts to other securitymeasures and hit airline revenues, reportssaid. Democrats want 100 percent screeningof freight for explosives and otherthreats within three years, at an estimatedcost of US$600 per year to thefederal government. Passenger baggageis already 100 percent screened. Representative Edward Markeysaid freight … [Read more...] about AMERICA: 100 percent cargo screening debated
AMERICA: IATA pledges to introduce e-freight by end of 2007
IATA will have e-freight runningby the end of the year, potentiallysaving US$1.2 billion a year, directorgeneral Giovanni Bisignani told therecent IATA World Cargo Symposiumin Mexico City. "Cargo processes have not changedin three decades. It is time for the industryto crawl out of the technologydark ages," he said. "We will be up and running by theend of this year in five key locations-Canada, Singapore, Hong Kong, theNetherlands and the United Kingdom.This is IATA's … [Read more...] about AMERICA: IATA pledges to introduce e-freight by end of 2007
AMERICA: Atlas profit down
Atlas Air and Polar Air Cargo parentAtlas Air Worldwide Holdingsreported profit of US$59.8 million for2006 - down 19.1 percent from $73.9million earned in the prior year, onan 8.6 percent decrease in revenue to$1.48 billion. But Atlas reported a 66.2 percentfourth-quarter profit gain to $45.7 millionand projects strong growth goingforward, pointing to 12 747-8 freightersit has on order and a partnership dealwith DHL taking a stake in Polar. President William Flynn said: "Thestrategic … [Read more...] about AMERICA: Atlas profit down
AMERICA: Boeing confirms B747-8F and 787 orders
Boeing has confirmed additionalorders for its B747-8 freighters andB787s. AN-124 freighter operator Volga-Dnepr Group has confirmed an orderfor five B747-8 freighters with purchaserights for another five to be operated byscheduled subsidiary AirBridge Cargoon routes to Southeast Asia, China,Japan and Europe. Boeing said this order was previouslyaccounted for and associated with anunidentified customer on Boeing's Ordersand Deliveries website in 2006. As orders for the competing … [Read more...] about AMERICA: Boeing confirms B747-8F and 787 orders
AFRICA: Upington Airport to become cargo hub
South Africa's Upington Airport isto be developed as a cargo hub, to enablethe movement of cargo into andout of most of South Africa's key tradeareas faster than is currently possibleusing Johannesburg, Durban and CapeTown. Upington Airport in the NorthernCape is small, but it does a brisk businessin cargo - everything from livesheep and goats to cars and miningequipment, as well as grapes. Up until 1996, Boeing 747s used toland at the airport, which SAA usedas a refuelling station for … [Read more...] about AFRICA: Upington Airport to become cargo hub