The acquisition of German regional airport Parchim is fully on schedule and will be exercised on July 1, the country’s authorities have announced. Last month, the deal became doubtful after the new owner, Beijing-based forwarding agent LinkGlobal, faced a refusal by the Chinese Government to allow the transfer of up to US$100 million, which the new owner plans to invest in Parchim over a period of fi ve years. (See also page 34 Airports) In the meantime, LinkGlobal has indicated that … [Read more...] about EUROPE: LinkGlobal confi rms Parchim deal
Air Freight Asia
EUROPE: LH Cargo moves freighters to Leipzig
Come the 2007 winter fl ight schedules, Lufthansa Cargo is discontinuing its freighter fl ights into and out of Cologne. Those services will instead be operated through Leipzig-Halle Airport from 28 October 2007. The freighter fl ights are being transferred in conjunction with the opening in Leipzig of the DHL Express Europe hub. In 2008, Leipzig is scheduled to become the DHL Express central hub in its European express network. DHL Express and Lufthansa Cargo have been jointly operating a … [Read more...] about EUROPE: LH Cargo moves freighters to Leipzig
EUROPE: Cargo B Airlines appoints GSA’s
New Brussels-based all-cargo airline, Cargo B Airlines has appointed several GSAs as part of its worldwide marketing strategy, ready for the start of fl ight operations at the end of September 2007. The GSA’s include Globe Air Cargo, which will cover Germany, Poland, Switzerland and Austria, Aero Cargo International will cover France, South Africa will be handled by Express Air Services and Latin America will be represented by Aerogroup. In the coming weeks, more GSAs will be appointed … [Read more...] about EUROPE: Cargo B Airlines appoints GSA’s
EUROPE: DHL, LH Cargo to form new airline
Lufthansa Cargo and Deutsche Post subsidiary DHL are on the brink of founding a new cargo airline. The provisional name of the project, that has been secretly discussed between both enterprises since a number of months,is “NewCo” (New Company). According to internal sources it will be a 50/50 joint venture, headed by Lufthansa Cargo manager Thomas Papke and starting operations from 2009 onwards. By then the fi rst freighters of a fl eet of ten aircraft are expected to be … [Read more...] about EUROPE: DHL, LH Cargo to form new airline
RUSSIA: Volga-Dnepr to buy new IL-76TD freighters
Volga-Dnepr Group and the Ilyushin interstate aviation company have signed a general agreement for three new IL- 76TD-90VD freighter aircraft. Under the terms of the agreement, Volga-Dnepr will place a fi rm order before August 1st, 2007 to purchase three aircraft of this type, the fi rst of which will be delivered within fi fteen months. The partners have established an option agreement for another ten IL-76TD-90VDs for the future. Volga- Dnepr has been developing the IL- 76TD modernisation … [Read more...] about RUSSIA: Volga-Dnepr to buy new IL-76TD freighters
RUSSIA: Volga-Dnepr acquire TU-204C freighters
Volga-Dnepr Group and Ilyushin Finance Co. have signed a contract for the purchase of two TU-204C freighters. The mid-range aircraft will be assembled at the Aviastar-SP production plant and are being purchased under a 15-year fi nancial lease arrangement. They will be operated by AirBridge Cargo Airlines, the group’s scheduled cargo airline, for domestic services from its hubs in Moscow and Krasnoyarsk in the Russian Far East. The fi rst aircraft delivery is scheduled for the fourth … [Read more...] about RUSSIA: Volga-Dnepr acquire TU-204C freighters