Qatar Airways posted the strongest financial performance in its 25-year history as the Doha-based airline reported a record net profit of US$1.54 billion during the fiscal year 2021/22, up 200 percent above its previous record. Both the passenger and cargo business saw significant growth as passenger revenue increased by 210 percent over the last year. The revenue growth was attributed to network expansion, increase in market share and higher unit revenue, for the second year in a row, as the … [Read more...] about Qatar Airways posts record profit; cargo revenue up 25%
express logistics
Cargolux and Bolloré Logistics form SAF partnership
Cargolux and Bolloré Logistics have signed an agreement for the use of sustainable aviation fuel (SAF) in joint operations. The deal covers 800,000 liters as part of the airline’s SAF program and is expected to reduce Bolloré Logistics’s greenhouse gas emissions by at least 2,200 tonnes. Pierre Houé, deputy COO of Bolloré Logistics, said SAF is a ‘key solution to decarbonize transportation and reach the forwarder’s carbon reduction targets. It pledged to cut 30 percent, compared to 2019, … [Read more...] about Cargolux and Bolloré Logistics form SAF partnership
Kansai Airports and Airbus to study hydrogen use in Japan
Airbus and Kansai Airports have signed a memorandum of understanding (MoU) to explore the use of hydrogen at three of the Group’s airports in Japan, namely, Kansai International Airport, Osaka International Airport, and Kobe Airport. Through this partnership, the two companies will jointly prepare a roadmap to address challenges and define an advocacy plan for hydrogen needs. Both parties would lead the study into the development of infrastructure for the use of hydrogen in the aviation … [Read more...] about Kansai Airports and Airbus to study hydrogen use in Japan
FedEx adds Asia-Europe capacity with new PEK-CDG route
FedEx Express has announced a new route between Asia and Europe with flights connecting Beijing (PEK) to Charles de Gaulle (CDG) in Paris, which serves as the integrator's European hub. The new service will provide 10 connections each week via Kansai International Airport in Osaka, with extended cut-off time for same day outbound shipments from Beijing to Europe. Kawal Preet, AMEA president at FedEx Express, said the move comes amidst strong forecast demand, with trade between China and … [Read more...] about FedEx adds Asia-Europe capacity with new PEK-CDG route
UPS lands CEIV pharma certification in Japan, Korea
UPS is not leaving anything to chance when it comes to handling and moving life-saving pharmaceuticals as it secured IATA’s CEIV Pharma certification for its operations in Japan and South Korea. The forwarder earlier announced this week that it secured IATA CEIV Pharma Certification for its freight forwarding operations at Narita International Airport and Kansai International Airport, as well as Incheon International Airport in South Korea. Also read: UPS orders 19 factory-fresh B767 … [Read more...] about UPS lands CEIV pharma certification in Japan, Korea
DHL Express orders all-electric cargo planes from Eviation
DHL Express is set to make history with its first order of 12 fully electric cargo planes from Seattle-based manufacturer Eviation as the company pushes forth with its carbon neutral ambitions. Investing in the zero-emission cargo aircraft, dubbed Alice, is part of DHL's plan to set up an 'electric express network' and a pioneering step into a sustainable future for logistics and aviation. DHL expects its order to arrive as early as 2024, with the all-electric aircraft on track for its … [Read more...] about DHL Express orders all-electric cargo planes from Eviation
