Air Shipping Asia

Finnair joins IAG Cargo’s partner programme

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Finnair Cargo has become the latest carrier to join IAG Cargo’s innovative Partner Plus programme, through which members agree to interline on each other’s metal on a commercially booked basis. Through this partnership, both IAG Cargo and Finnair are able to deliver enhanced network connectivity to their customers, who will also benefit through confirmed bookings and a higher on-load priority. Steve Gunning, CEO of IAG Cargo, commented: “Our Partner Plus programme is much … [Read more...] about Finnair joins IAG Cargo’s partner programme

AAR to sell cargo group to Transdigm

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AAR announced it would sell cargo handling business, Telair Cargo Group, to TransDigm for a purchase price of US$725 million in cash, subject to adjustments. The Telair Cargo Group is comprised of Telair International, Telair US, and Nordisk Aviation Products. AAR further announced its intention to sell its unprofitable Precision Systems Manufacturing business and will report it as a discontinued operation and record an impairment charge of approximately US$40 million in the third quarter of … [Read more...] about AAR to sell cargo group to Transdigm

CEVA bags Xiaomi contract in Malaysia

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CEVA Logistics has won a new contract with Xiaomi, the world's third largest smartphone manufacturer, to operate their warehouse and distribution in Malaysia. Xiaomi’s business strategy of selling products directly to consumers, primarily through their online site, Mi.com requires the company to have a strong supply chain management provider who understands e-commerce and is able to handle their distribution center’s logistics needs from end to end. Under the terms of this … [Read more...] about CEVA bags Xiaomi contract in Malaysia

UFL welcomes recovery in Australian wine exports

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The U-Freight Group (UFL) welcomes the news that Australian wine exports to China have almost recovered to levels recorded before Beijing’s austerity measures severely dented volumes, and believes it will be a major boost for the company’s specialist wine logistics services in the country. Data released earlier this year by the Australian Grape and Wine Authority (AGWA) indicates that total Australian wine exports in 2014 increased by 8 per cent to 40 million litres, with bottled … [Read more...] about UFL welcomes recovery in Australian wine exports

Finnair joins IAG Cargo's partner programme

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Finnair Cargo has become the latest carrier to join IAG Cargo’s innovative Partner Plus programme, through which members agree to interline on each other’s metal on a commercially booked basis. Through this partnership, both IAG Cargo and Finnair are able to deliver enhanced network connectivity to their customers, who will also benefit through confirmed bookings and a higher on-load priority. Steve Gunning, CEO of IAG Cargo, commented: “Our Partner Plus programme is much … [Read more...] about Finnair joins IAG Cargo's partner programme

Jet Airways forays into air cargo biz

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Mumbai-based Jet Airways is planning to enter its air cargo business by leasing up to three Airbus A330-200F freighter aircraft from Etihad, its Abu Dhabi-based partner airline. The plan is to start with the wet lease of one A330-200F in the next few months and later expand. As the business grows, the aircraft would be converted into dry leases. The move will help the company tackle Dubai-based Emirates, which carried the highest amount of inbound and outbound air freight in 2013-14. Jet … [Read more...] about Jet Airways forays into air cargo biz