Virgin Australia finalizes TNT contract, will add freighters

There has been yet another shuffle in Australia’s highly consolidated airfreight industry. TNT Express awarded what is expected to be a US$575 million, five-year contract to Virgin Australia for domestic cargo transport, a move which has prompted Virgin Australia to ACMI-lease three freighters, according to The Australian. Beginning in July of this year, Virgin Australia[…]

Vietstar Air looks to move beyond military roots into cargo

Following its application with Vietnam’s Ministry of Transport for an “air transport business license,” the commercial arm of Vietnam’s Air force, Vietstar Air, could soon become the country’s first airline to operate commercial freighters, according to local media sources.  At present, Vietstar Air provides the occasional passenger or cargo charter, alongside a host of aircraft[…]