Turkish Airlines recorded 398 million TRY (US$182.49 million) net profit in the second quarter and 172 million in first half of 2014. Sales revenue increased by 37 per cent in the first half, reaching 11,3 billion TRY. Compared to the same period of 2013, sales revenue increased by 37 per cent (15 per cent in USD terms) reaching 11,3 billion TRY. Turkish Airlines recorded 495 million TRY operating profit and 398 million TRY net profit in the second quarter of 2014, completing the first half … [Read more...] about Turkish Airlines posts huge Q2 2014 profits
Air Logistics Asia
SingPost buys UK forwarder F.S. Mackenzie
Singapore Post, through its subsidiary, Famous Holdings, has purchased the entire issued and paid-up share capital of F.S. Mackenzie worth up to 7 million pounds (US$11.8 million). Originally established in 1951, F.S. Mackenzie is a UK-based freight forwarder and non vessel operating common carrier (NVOCC) focusing primarily on sea, air and road freight forwarding, together with customs clearance for inbound and outbound shipments from the UK. Headquartered in Basildon, east of London, it … [Read more...] about SingPost buys UK forwarder F.S. Mackenzie
UPS offers Myanmar freight forwarding services
UPS now offers inbound and outbound air and ocean freight services in Myanmar. Global customers trading to and from this emerging market will have access to UPS's extensive supply chain technologies and services, which initially will include UPS Air Freight Direct, UPS Air Freight Consolidated, Full Container Load and Less-than Container Load services. "UPS works closely with our customers and they have expressed a need for reliable freight services from Myanmar that will connect them to … [Read more...] about UPS offers Myanmar freight forwarding services
SkyCargo launches weekly Basel maindeck service
Emirates SkyCargo is set to further strengthen trade lanes between Switzerland and its worldwide network with the introduction of a weekly freighter service from Basel to Dubai starting 21 September 2014. The new main deck service will supplement the existing belly-hold cargo capacity in the Swiss market provided on Emirates’ double-daily passenger services to Zurich as well as on the daily Geneva flights. Emirates SkyCargo currently offers more than 380 tonnes of capacity each … [Read more...] about SkyCargo launches weekly Basel maindeck service
Cathay Pacific Services to handle Royal Brunei
Cathay Pacific Services Limited (CPS) has been appointed as the handling agent for Royal Brunei Airlines’ cargo operations and documentation at the Hong Kong International Airport. “Providing great quality service is the utmost priority for Royal Brunei Airlines, so we are therefore very pleased to be working with CPSL. We believe they have the capabilities to efficiently fulfil our cargo needs,” said Hj Abdul Nasir Bolhassan, Royal Brunei’s head of ground … [Read more...] about Cathay Pacific Services to handle Royal Brunei
Turkish Cargo boosts capacity to India
Turkish Cargo is enhancing its cargo penetration with the launch of weekly A330 freighter flights to Hyderabad, India on 28th August 2014. The existing IST-IKA-DAC-IST cargo flights will be replaced by IST -Tahran (IKA)-Hyderabad (HYD)- IST cargo flights with the opening of Hydarabad cargo destination. With the launch of Hyderabad cargo flight, now Turkish Cargo freighter network reaches 49. … [Read more...] about Turkish Cargo boosts capacity to India
