Other News

Anti-trust settlements top US$1 billion

May 4, 2015 at 5:55 pm 0 comments

Kaplan Fox, one of four co-lead counsels representing the plaintiffs in the antitrust allegations leveled at several air carriers, has revealed that a US$99 million settlement has been made with EVA Airways, which brings the total aggregate settlements in the long-running legal action to more than $1 billion. Litigation isRead More

777 FedEx C-1 Takeoff
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FedEx steps in with quake aid to Nepal

May 4, 2015 at 5:50 pm 0 comments

More aid is on the way to help the victims of last week’s 7.8-magnitude earthquake in Nepal. FedEx Corp. is donating US$1 million in cash and transportation support, as well as a chartered aircraft to deliver critical medical aid and supplies. The express carrier is also mobilizing its disaster reliefRead More

AA Cargo adds service to U.K., Ireland

May 4, 2015 at 5:38 pm 0 comments

American Airlines Cargo has introduced three new U.K. and Ireland frequencies to its 2015 summer schedule. Cargo service between Glasgow and Philadelphia began on May 3, and service between Edinburgh and New York’s JFK, as well as Shannon and Philadelphia, is scheduled to begin on May 7. American will utilizeRead More

Atlas Air’s Q1 figures soar from extra charters

Atlas Air’s Q1 figures soar from extra charters

May 1, 2015 at 8:59 pm 0 comments

That which did not sail by sea was sent by air in the first quarter of 2015, and Atlas Air Worldwide Holdings was there to reap the benefits. The Purchase, N.Y.-based charter airline and aircraft lessor reported net income of US$29 million in the first quarter of 2015, compared toRead More

Cargolux ends 2014 in good shape

Cargolux ends 2014 in good shape

May 1, 2015 at 8:47 pm 0 comments

It’s been a bumpy ride for Cargolux over the last 12 months of personnel changes, labor strife and legal problems, but the Luxembourg-based carrier managed to end 2014 on a high note with a modest net profit of US$3 million. Declining oil prices in the second half of the yearRead More

CHAMP launches subsidiary for Logitude

May 1, 2015 at 8:36 pm 0 comments

CHAMP Cargosystems, a provider of IT systems for the air cargo transport community, has created a new subsidiary company, CHAMP Forwarding Systems SA. The new company will offer Logitude software as a service (SaaS), which focuses on the small- and medium-size forwarders. The Logitude platform is already fully integrated withRead More

IAG reports rise in Q1 load factor, decrease in revenue

May 1, 2015 at 8:32 pm 0 comments

IAG Cargo reported revenue of €246 million in the first quarter of 2015, compared to €250 million in last year’s in first quarter. This reflects a decline of just over 1 percent. Volumes for the cargo divisions of British Airways and Iberia fell 4.2 percent in Q1, year-over-year, to 1.3Read More

Anti-trust settlements top US$1 billion

May 4, 2015

Kaplan Fox, one of four co-lead counsels representing the plaintiffs in the antitrust allegations leveled at several air carriers, has revealed that a US$99 million settlement has been made with EVA Airways, which brings the total aggregate settlements in the long-running legal action to more than $1 billion. Litigation isRead More

CEVA expands at PDX, Australia

April 30, 2015

CEVA Logistics has expanded its existing facility in Portland, Ore., with 33,300 square feet of additional Class A warehouse space, including 14 dock doors, and 4,400 square feet of additional office space. The company’s Portland operations, located five minutes from Portland International Airport, now encompass a total of 154,675 square feetRead More

CHAMP launches subsidiary for Logitude

May 1, 2015

CHAMP Cargosystems, a provider of IT systems for the air cargo transport community, has created a new subsidiary company, CHAMP Forwarding Systems SA. The new company will offer Logitude software as a service (SaaS), which focuses on the small- and medium-size forwarders. The Logitude platform is already fully integrated withRead More