HEADLINE
A tough year for European cargo airlines
The end of year traffic figures from European airlines sum up year 2019 was tough for the air cargo business. Figures just released by Lufthansa show that cargo carried by its various airline businesses in 2019 was down by 2.1% year on year to 10.7 bn revenue cargo tonne…
Read MoreSwissport & Lufthansa renew cargo handling contract
Swissport and Lufthansa have signed a five-year, renewed contract to carry out cargo handling at Brussels and Liège airports. The agreement – which is valid from December 2019 until the end of 2024 – covers warehousing, cargo ramp transport and the handling of mail, pharmaceuticals, valuables and general cargo…
Read MoreWorld’s first blockchain-based air cargo billing, costing & reconciliation system launched
Singapore’s Cargo Community Network (CCN) and Microsoft have launched the world’s first blockchain-based air cargo billing, costing and reconciliation system. Announced at the IATA World Cargo Symposium, the system was developed following a hackathon organised by CCN and Microsoft and a two-month proof-of-concept that involved partners such as Singapore…
Read MoreE-commerce the key driver of air freight JV
The joint venture between Bain Capital and Titan Aviation announced at the end of last year is expected to take aim at the e-commerce market and also reflects a changing air cargo market. The joint venture deal will see Bain invest $360 m of equity in the project while…
Read MoreMenzies Aviation Bobba Bangalore recognised as Best Cargo Handler
Menzies Aviation Bobba Bangalore (MABB) won Best Cargo Handler for the Year at the Exim India ACE South East Air Cargo Conclave Awards in Chennai on December 11, 2019. The Indian branch of the joint venture between Menzies Aviation, the global aviation logistics specialist, and Bobba Group received the…
Read MoreDIAL chosen as exclusive cargo transhipment centre in India by China
Delhi International Airport Limited (DIAL) has announced that it has been chosen as the exclusive cargo transhipment centre in India by China. According to an official release, as per this significant development, Chinese cargo to the central Asian countries is now being routed through Delhi Airport’s newly launched world-class…
Read MoreAir freight load factors seeing improvement
Air freight load factors continued to climb through November 2019, offering hope to a sector desperate to see a rebound in 2020.According to the latest analysis from WorldACD, load factors have climbed steadily since August, improving by 2% to 2.5 % in each of the months of September, October…
Read MoreChina Southern off loads cargo business
China Southern has offloaded its cargo business as part of the Chinese government’s mixed ownership reforms. According to an announcement from China’s National Enterprise Credit Information Publicity System, the airline’s parent, China Southern Air Holding, set up a new cargo business with a registered capital of Y1bn to operate…
Read MoreSwiss World Cargo enhances Cancun shipments
Swiss WorldCargo, the freight division of Swiss International Air Lines, has opened its Cancun (CUN) station for exports. With this development, all flights between Zurich and Cancun can now carry freight on both their inbound and outbound journeys. Swiss WorldCargo connects Cancun and Zurich with a thrice-weekly Airbus A340-300…
Read MoreNew air freight route between China & Korea
A new air freight route was launched recently linking Yanji City, northeast China’s Jilin Province, and Incheon City in the Republic of Korea, according to the authorities of Yanji, capital of the Korean Autonomous Prefecture of Yanbian. The all-cargo air route will be operated by a Boeing 737-300F aircraft…
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