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Asian cargo numbers up for June after weak 2016 start

Asian cargo numbers up for June after weak 2016 start

July 29, 2016 at 5:54 pm 0 comments

Preliminary June traffic figures from the Association of Asia Pacific Airlines (AAPA) provided a rare bright spot in an otherwise dour few weeks of reports. Air cargo demand among Asian carriers last month saw modest growth for the first time since the start of the year, growing by 4.1 percent,Read More

DHL opens new Chicago service center

DHL opens new Chicago service center

July 29, 2016 at 5:39 pm 0 comments

DHL has expanded its operations in Chicago, opening a US$1.3 million service center facility to meet “heavy demand” for international e-commerce growth from local businesses in the state of Illinois. The new center, the company said, will handle a variety of shipments, including international small parcels, palletized shipments and containerRead More

Can London’s mayor break the airport expansion logjam?

Can London’s mayor break the airport expansion logjam?

July 29, 2016 at 5:33 pm 0 comments

Who says the Brits can’t make a decision on airport expansion? London’s new mayor, Sadiq Khan, who took office in May, has dropped his predecessor’s objections and approved the expansion of London City Airport. The airport has been granted planning permission for its $451.3 million expansion, allowing it to increaseRead More

DP-DHL looks to cross-border investment for e-commerce growth

DP-DHL looks to cross-border investment for e-commerce growth

July 28, 2016 at 5:58 pm 0 comments

One would be hard-pressed to name a market expanding more rapidly than cross-border e-commerce, and today Deutsche Post DHL Group’s Post – eCommerce- Parcel unit has unveiled its strategy to construct six new distribution centers and expand two existing centers in the United States to leverage this growing market. ByRead More

Air France-KLM Cargo still posting losses in first half of 2016

Air France-KLM Cargo still posting losses in first half of 2016

July 28, 2016 at 5:55 pm 0 comments

It’s been a year already scarred with bad economic and political news in France and much of Western Europe, and it has so far been reflected in the first-half figures from Air France-KLM Cargo, which saw freight volumes fall 6.5 percent to 558,000 tonnes, year-over-year. Cargo revenues for the firstRead More

ACS and your mom’s favorite metal band wrap world tour

ACS and your mom’s favorite metal band wrap world tour

July 27, 2016 at 6:18 pm 0 comments

Iron Maiden’s “Book of Souls” tour, which wrapped up last month in Germany, saw one of the hardest working bands in showbiz jet between 50 shows on six continents onboard a customized 747-400, chartered by Air Charter Service (ACS) and operated by Air Atlanta. The 747-400, with “Eddie,” the rotting-corpseRead More

Airfreight posts modest gains at DB Schenker

Airfreight posts modest gains at DB Schenker

July 27, 2016 at 5:54 pm 0 comments

Today’s preliminary half-year 2016 numbers from Deutche Bahn AG, parent company of DB Schenker, put the German transportation company just ahead of it’s position last year, up 0.2 percent, year-over-year, increasing adjusted revenue by US$36.27 million to reach $22.01 billion for the first six months of the year. Air freightRead More

Amerijet bought out by N.Y.-based private equity firm

Amerijet bought out by N.Y.-based private equity firm

July 27, 2016 at 5:50 pm 0 comments

ZS Fund LP, a New York-based private equity firm, has acquired Amerijet Holdings and its subsidiaries – Amerijet International, Inc., and ITN Worldwide. In conjunction with the acquisition, Amerijet CEO Dave Bassett is retiring and Vic Karjian, former chairman of Swiss carrier Farnair and co-founder and CEO of Falcon AviationRead More