The International Air Transport Association released its airfreight market analysis for the full year 2015, indicating that worldwide air cargo traffic was up 2.2 percent, led by 2.5 percent growth in international traffic, while domestic traffic was almost flat (up just 0.1 percent) with 2014. David Harris, editor of our sister publication, Cargo Facts, provides[…]
The US$4.8 billion acquisition of TNT by FedEx moved one step closer to approval, with Brazilian regulatory authorities giving the transaction its green light. The acceptance period for the deal was extended for two weeks on Jan. 8, following the satisfaction or waiver of the offer condition with respect to these competition clearances. “We are[…]
Aside from a few decent actors and directors, the most deserving recipients of film industry awards should be the people making those alluring movie trailers. These brilliant-but-brief glimpses of movies coming to theaters near us use the funniest and most exciting parts of films to bait audiences for what is sure to be the next Academy Award[…]
Ground handling firm Worldwide Flight Services has won a contract at JFK International Airport to handle cargo for Japan Airlines’ twice-daily 777 and 787 services to Tokyo. WFS said it expects to handle more than 15,000 tonnes of airfreight each year for JAL. This is the first-ever contract WFS has earned with the carrier. The[…]
The new British all-cargo carrier, CargoLogicAir (CLA), which received its Air Operators Certificate last week, now says it aims to become a leader in the European air cargo market in both scheduled and charter flights by adding four more freighters over the next two years. CargoLogicAir has taken delivery of its first 747-400 freighter from[…]
Fiji Airways, Fiji’s national airline, has renewed its ULD management partnership with CHEP Aerospace Solutions for five more years. As part of the new contract, CHEP will introduce new lightweight containers from its 80,000-strong pool of assets. In addition to increasing efficiency that comes from utilizing a common pool of containers, CHEP has helped Fiji[…]
