Fraport AG expects to complete the sale of its stake in Pulkovo Airport (LED) in St. Petersburg in the coming days. A corresponding share purchase and transfer agreement has been concluded. The completion of the share transfer only requires the registration of the change in ownership in the Russian register of companies. The transaction is expected to be finalized within a few days. Fraport CEO Dr. Stefan Schulte said: “With this transaction, we’re ending our involvement in Russia. Our goal has … [Read more...] about Fraport ends involvement at Pulkovo Airport
air freight services
GEODIS announces appointments to its management board
GEODIS, world leader in transport and logistics, announces the following appointments: Eric Martin-Neuville is appointed Executive Vice-President, Asia-Pacific & Middle East Henri Le Gouis is appointed Executive Vice-President, Global Freight Forwarding Eric Martin-Neuville and Henri Le Gouis are members of the Group’s Management Board, under the chairmanship of Marie-Christine Lombard, Chief Executive Officer of GEODIS. Eric Martin-Neuville began his career at Calberson … [Read more...] about GEODIS announces appointments to its management board
Cargolux goes live on cargo.one, CargoAi, and WebCargo by Freightos to enhance digital offer
Cargolux, the Global Cargo Carrier of Choice, has joined the cargo.one, CargoAi and WebCargo by Freightos marketplaces to enhance its digital quote and booking offering. The marketplaces will allow Cargolux to increase its “speed to market” capabilities offering customers swift, easy, and direct access to booking capabilities. “As the demand for digital processes grows, we are intent on embracing change and broadening our digital reach. Joining marketplaces offers an additional, intuitive tool … [Read more...] about Cargolux goes live on cargo.one, CargoAi, and WebCargo by Freightos to enhance digital offer
Ahlex – Aviation Hub for Learning & Experience becomes the new standard for aviation training
After two years of intensive work, Ahlex has become a reality - a hub where the future of aviation takes flight. Nestled in the heart of Brussels Airport, Ahlex champions talent development through innovative learning experiences while fostering collaboration and connection. Aviation professionals here unlock groundbreaking skills and explore fresh opportunities for growth. Spanning 4,200 m², the facility boasts state-of-the-art training spaces, an inspiring experience center, and cutting-edge … [Read more...] about Ahlex – Aviation Hub for Learning & Experience becomes the new standard for aviation training
Xeneta: 2024 a ‘peak season to be proud of’ as air cargo industry continues to manage strong demand growth
Global air cargo demand showed no signs of slowing down in November as volumes recorded a 13th consecutive month of double-digit growth and load factors hit their highest level since April 2022, according to the latest market analysis by Xeneta. Demand rose +10% year-on-year in November, fuelled by the continued boom in e-commerce. This, coupled with only a marginal +2% growth in air cargo capacity, contributed to global air cargo spot rates (valid for one month) also reaching their highest … [Read more...] about Xeneta: 2024 a ‘peak season to be proud of’ as air cargo industry continues to manage strong demand growth
dnata Logistics to expand UAE footprint with new facility in Dubai South
dnata Logistics, dnata’s leading global freight forwarder and logistics services provider, has broken ground on a new, 57,000m² warehouse in Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate. Strategically located near Dubai World Central - Al Maktoum International Airport (DWC), dnata Logistics’ expansion will significantly contribute to the growth and success of the emirate as a key international logistics hub. The groundbreaking … [Read more...] about dnata Logistics to expand UAE footprint with new facility in Dubai South