Air cargo executives are notably less optimistic about their economic prospects for the year ahead, compared to the same time last year, according to IATA’s July 2016 Business Confidence Index. Conducted in early July of this year, IATA surveyed airline CFOs and heads of cargo regarding their expectations for the next 12 months. The results[…]
Amazon’s second-annual “Prime Day” promotion, held on Tuesday, was the company’s biggest sales day ever. The e-commerce giant said its worldwide orders climbed more than 60 percent over last year. In the U.S., orders were up 50 percent over last year’s event. The notoriously circumspect e-retailer has not released total sales figures, but estimates are[…]
Boeing and CargoLogicAir took advantage of the Farnborough International Airshow to announce the delivery of the first of five potential 747-8Fs that the U.K. based subsidiary of the Volga-Dnepr Group hopes to receive within its first five years of operations. CargoLogicAir earned its U.K. Air Operator Certificate early in 2016 and commenced twice-weekly 747-400 ACMI[…]
Just weeks after launching its New York-to-Belgrade route, Air Serbia said it is looking to boost airfreight traffic on its A330-200s used on the new route, with a cargo promotion. Through Aug. 31, agents in the United States, whose first customer order is for a shipment of more than 10 tonnes, will receive two economy-class[…]
Nepalese Simrik Airlines and U.S.-based Sapphire Global Airways have signed a memorandum of understanding (MoU) to establish a dedicated, international long-haul cargo airline in Nepal. The agreement marks the establishment of Nepal’s first such cargo operation, said Rahul Puranik of Sapphire Global. “We plan to operate in Southeast Asia in the first phase with two[…]
Transsion Holdings, one of the world’s fastest-growing and mobile phone manufacturers, has chosen DHL Global Forwarding to arrange the shipment of its cell phones. Under the agreement, DHL-GF will provide airfreight services, including customs clearance, from Transsion’s manufacturing base in South China to 28 countries around the world, covering parts of Asia, the Middle East[…]
