Air cargo volumes rose 2.3 percent year-over-year (y-o-y) measured in billable weight, prompting WorldACD to note that, “the (Northern Hemisphere) summer has been almost as mild to the industry as the September weather in Europe.” August’s numbers were an improvement over the 1.8 percent growth registered in July, but lagged June’s 3 percent increase. The[…]
Qantas Freight and the Australia Post Group today announced a five-year AUD$500 million extension of their international mail air freight agreement. Under the current agreement, Qantas Freight handles 12,000 tonnes of mail and parcels out of Australia on an annual basis, making this the largest air freight contract in Australia. The new contract builds on[…]
Lufthansa announced that it will move forward on its anticipated takeover of Brussels Airlines. A notice from the Lufthansa Group posted yesterday stated that the German carrier planned to acquire the remaining 55 percent of shares it does not already own and wrap up the deal “at the beginning of 2017.” Lufthansa’s pithy release has[…]
Preliminary August traffic figures released by the Association of Asia Pacific Airlines (AAPA) today showed moderate gains in air cargo volumes and insignificant changes in year-over-year (y-o-y) freight load factors. That said, the figures failed to dispel cynicism about the region’s “generally lackluster international air cargo demand for the January-August period,” according to Andrew Herdman,[…]
Qatar Airways launched a four-times-weekly route between Doha and Windhoek, Namibia, this week that will add 92 tonnes of bellyhold capacity per week on board the carrier’s 787 passenger aircraft. While the lion’s share of Namibian exports reach only as far as neighboring countries such as South Africa and Botswana, Europe and North American markets are[…]
Deutsche Post DHL Group agreed to acquire UK Mail Group for US$315.5 million in a bid to strengthen its presence in the U.K. e-commerce market. The German parcel-delivery company is offering a 43 percent premium on shares, spurring UK Mail’s directors to unanimously recommend that shareholders vote in favor of the deal. Juergen Gerdes, a[…]
