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Lufthansa pulls the trigger on Brussels Airlines acquisition

Lufthansa pulls the trigger on Brussels Airlines acquisition

September 29, 2016 at 5:53 pm 0 comments

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 ofRead More

Asian air cargo markets register moderate gains

Asian air cargo markets register moderate gains

September 29, 2016 at 5:45 pm 0 comments

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-AugustRead More

New Qatar Airways flights to Namibia a boon for exporters, tourism

New Qatar Airways flights to Namibia a boon for exporters, tourism

September 29, 2016 at 5:42 pm 0 comments

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, EuropeRead More

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Deutsche Post DHL Group to acquire UK Mail Group

September 28, 2016 at 5:59 pm 0 comments

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 ofRead More

Quehenberger expands joint logistics center in Austria

Quehenberger expands joint logistics center in Austria

September 28, 2016 at 5:58 pm 0 comments

Salzburg-based Quehenberger Logistics and German drugstore chain, dm-drogerie markt, have expanding their joint operations with a new €10 million distribution center and warehouse in the Austrian city of Enns. The new 15,000-square-meter facility, which took nine months to build, includes three logistics halls to handle pharmaceuticals and other freight. TheRead More

IAG Cargo to lease phase-change Va-Q-tec containers

IAG Cargo to lease phase-change Va-Q-tec containers

September 28, 2016 at 5:54 pm 0 comments

Left to right: Alan Dorling, global head of pharmaceuticals and life sciences, IAG Cargo; Will Staddon, global product manager, IAG Cargo; and Dominic Hyde, managing director, Va-Q-tec Ltd. In its continuing quest for more valuable cool-chain business, IAG Cargo signed a global container rental agreement today with high-tech insulation provider,Read More

ACI

ACI Report: Cargo to grow modestly at 2.4 percent through 2025

September 27, 2016 at 5:36 pm 1 comment

As this year’s Airports Council International (ACI) North America/World Annual General Assembly, Conference and Exhibition commenced in Montreal, the trade association of the world’s airports, officially unveiled its World Airport Traffic Forecasts (WATF), which foresees modest air cargo traffic growth around 2.4 percent “on an annualized basis” through 2025. TheRead More

AMI opens Miami office for South American connections

AMI opens Miami office for South American connections

September 27, 2016 at 5:25 pm 0 comments

Seeking deeper relationships with air cargo firms in at least 10 Latin American nations, airfreight and express wholesaler Air Menzies International (AMI) has opened a new office in Miami, which will act as a gateway for transshipments between North and South America.  AMI Miami, as the office will be known,Read More