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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

TNT-GEF_TBM 777F Ln 947 WF122

TNT limps through Q1, works with FedEx

May 1, 2015 at 8:24 pm 0 comments

With a net loss of €19 million in the first quarter of 2015, TNT Express, the European express company, must be looking forward to its pending acquisition by FedEx, which is expected to close in the first half of 2016. Total revenue for the quarter was €1.622 billion, compared toRead More

CEVA expands at PDX, Australia

April 30, 2015 at 6:18 pm 0 comments

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

SWAPA joins open skies group – Congress sends letter

April 30, 2015 at 6:15 pm 0 comments

The debate involving the U.S. legacy carriers, American, United and Delta Air Lines v. the big three Gulf-based carriers, Etihad, Emirates and Qatar, refuses to go away. Last week, the Southwest Airlines Pilots Association (SWAPA) joined the Partnership for Fair and Open Skies, a coalition of U.S. airlines and airlineRead More

Atlas Air’s Q1 figures soar from extra charters

Atlas Air’s Q1 figures soar from extra charters

May 1, 2015

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

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