The introduction of a curfew that banned freighter flights during the night could not knock Frankfurt airport off its perch as Europe’s top gateway for air cargo, despite dire warnings that this would cripple the airport and send cargo to other European hubs. Nor can a decline in in cargo traffic, it seems. Frankfurt’s throughput[…]
The dust still hasn’t settled from the Amazon/ATSG deal, and now the e-commerce giant has done it again, this time with Atlas Air Worldwide Holdings Inc. Source: aircargoworld
Many people still think of 3D printing (3DP) as a toy for the “maker” geeks crowd. Today, that toy status of 3DP is official. Mattel recently introduced a 3D printer for kids called the ThingMaker, which runs on cuttingedge 3D design and printing technology from Autodesk, the same company that brought the world AutoCAD. The[…]
The International Air Transport Association noted the “softness” of the airfreight market and warned of another tough year ahead in its March 2016 airfreight market analysis, which reported a 2 percent, year-over-year, drop in worldwide cargo traffic, measured in freight tonne kilometers. Tony Tyler, IATA’s director general and CEO added that stagnant growth in international[…]
On ongoing dispute between a prominent pilots’ union and five carriers that operate DHL’s North American network recently reached a new level as the union members have decided to vote to authorize a potential strike action over disagreement in contract negotiations. Over the next 10 days, nearly 2,000 pilots represented by the International Brotherhood of[…]
First-quarter performance at Lufthansa’s logistics division, which includes its cargo operations, lagged behind other segments, incurring a US$22 million loss during the first three months of 2016 as EBIT dropped by $82 million, compared with Q1 2015 data. Revenues contracted by a whopping 21.8 percent, which Lufthansa blamed on overcapacity and weak demand, two factors[…]
