It’s been a long time coming, but it appears that liberalization may finally be coming to the skies over Africa, but perhaps not until next year. This was the assessment by an aviation lobbying group called the African Airlines Association (AFRAA), which told the Chinese Xinhua news service that significant progress has been made on[…]
Driven by growing demand for Olympic Games-related freight, Cargolux Airlines is bringing full-freighter service back to Rio de Janeiro, after being absent from the country for some time. The weekly flight will leave Luxembourg on Fridays, en route to Rio de Janeiro, continuing to Viracopos/ São Paulo, before returning to Europe on Saturday. Cargolux intends[…]
FedEx is no doubt as happy as TNT with the latter’s fourth-quarter and year-end financial reports, showing the company back in the black. The formerly struggling TNT managed a tidy €19 million profit in Q4 2015, compared with a €137 million loss in the same period in 2014. For the full year, revenue increased by[…]
DHL Express said it plans to invest US$100 million to build a new logistics center at Milan Malpensa Airport. SEA Group, the company that operates Milan’s airports, inked a deal for the construction with DHL, according to Varese News. Work is expected to start by the end of this year, with completion estimated for the[…]
While worldwide air cargo volume increased by about 2 percent in 2015, the latest figures from WorldACD Market Data said the top 20 freight forwarders lost some market share for the year, dropping from 44.5 percent to 43 percent in terms of revenue, and from 43 to 42 percent in terms of volume. The Amsterdam-based[…]
Confident is how AirBridgeCargo described its start to 2016, as it reported a 30 percent year-over-year rise in tonnage carried in January. ABC transported 43,605 tonnes of cargo to Europe, North American and the Asia-Pacific region for the month. The carrier attributes this robust performance to last year’s fleet and network expansion. Newly launched destinations[…]
