The carrier as a whole saw pre-tax profits rise to 44.5 per cent and achieved the 10 per cent profit margin that has been the key goal of its chief executive Willie Walsh ever since he was appointed. Th at makes BA one of the world’s most profitable airlines. British Airways World Cargo (BAWC), meanwhile, achieved revenue growth of 3 per cent, or 4.7 per cent once currency effects are stripped out – a stark contrast to a fall of revenue in the first half (the six months to … [Read more...] about Cargo unscathed from BA's T5 debacle
airlines cargo
New Bengaluru facility for DHL's India ops
DHL Global Forwarding recently inaugurated a warehouse cum airfreight office inside the new air cargo terminal at the Bengaluru International Airport. With an area of 1255 sq meters dedicated for imports and exports the facility is considered to be a major development in the air cargo space in India, as this is the first time any organisation has been given the permission to have direct access to cargo within a bonded area at an airport. Tony Widmer, head of air freight, DHL Global … [Read more...] about New Bengaluru facility for DHL's India ops
Brazil's Mercúrio becomes TNT Mercúrio
TNT introduced a new brand for its express delivery services in Brazil following its recent acquisition of Mercúrio, which becomes TNT Mercúrio. Combining two well-established names, the new brand embodies the successful transformation of Mercúrio, the Brazilian express leader TNT acquired in January 2007, the group said. TNT Mercúrio is the leader of the Brazilian domestic express market with a market share of 15 per cent. Its operations cover more than 4,000 … [Read more...] about Brazil's Mercúrio becomes TNT Mercúrio
DHL builds Central America's largest hub
DHL, one of the world’s leading express delivery and logistics companies, recently inaugurated the industry’s largest hub in Central America. The new facility increases DHL’s capacity to sort up to 5,000 packages per hour, representing a 250 per cent jump from its previous handling capacity, the company said. Strategically located at Tocumen International Airport in Panama the new DHL hub boasts the infrastructure and capacity needed to efficiently respond to the accelerated … [Read more...] about DHL builds Central America's largest hub
AMERICAS: Aloha's cargo business gets new lease on life
Aloha Airlines' cargo operation, which employs 300 and transports 85 per cent of goods moving by air among the Hawaiian Islands aboard six 737-200Fs, reached agreement to be purchased by Seattlebased Saltchuk Resources for an undisclosed sum. The entity will be renamed Aloha Air Cargo and run by COO Michael Coffman, formerly senior VP-airline operations for Aloha. The airline declared bankruptcy and shut down its passenger services after 61 years at the end of March, but continued to operate its … [Read more...] about AMERICAS: Aloha's cargo business gets new lease on life
HONG KONG: HK Express expands to Philippines & Japan
Hong Kong Express Airways has commenced a three-times weekly open-charter service to the Philippines as it targets large numbers of overseas workers from Philippines along with up to 40 million Chinese tourists that visit the country annually. The service will run for the next three months between Hong Kong and Clark's Diosdado Macapagal International Airport (DMIA) using a B737-800 aircraft. At the formal launch of the service, Clark International Airport Corporation (CIAC) executive vice … [Read more...] about HONG KONG: HK Express expands to Philippines & Japan
