Vietnam bans recalled and damaged lithium batteries on flights

Vietnam will ban damaged and recalled lithium batteries, as well as electronic devices using those batteries, on Vietnamese airlines as well as foreign airlines operating into and from Vietnam, the country’s Civil Aviation Authority announced in a statement this month. The ban will begin as of Nov. 15. The ban will affect both devices with […]

IATA’s CASS billing system goes live in Russia

As cross-border trade continues to heat up, IATA and the global banking industry agreed that it’s time for Russian airfreight to come in from the cold. IATA’s Cargo Accounts Settlement Systems (CASS) has gone live in Russia, in partnership with Russian bank VTB and carrier Aeroflot. CASS simplifies the billing and settlement of accounts between […]

International trade drives Aeroflot cargo business

Sometimes it pays to be in the right place at the right time. Moscow-based Aeroflot, located midway between Europa and Asia, saw cargo and mail volumes grow 29.2 percent in February, driven by strong international freight volumes, while domestic volumes were flat. Full-year revenues for the Russian carrier rose 19.4 percent to US$8.7 billion. At […]

Aeroflot freight recovers, on strength of domestic market

Aeroflot is back in the black, after cutting costs and seeing a rise in passenger numbers. On the cargo side, however, the results were mixed, with international freight down 1.7 percent, year-over-year, to 45,863 tonnes for the first seven months of 2016. July was especially grim, with tonnage down 8.9 percent, y-o-y, to 6,649 tonnes. […]

Putin associate granted cargo contract for Aeroflot

Last year, Russia’s President Vladimir Putin signed a decree that placed his businessman friend, Arkady Rotenberg, in charge of Moscow’s second-largest airport, Sheremetyevo (SVO).  Now, reports Lloyd’s Loading List, Rotenberg has won a court case upholding the contract for the handling of Aeroflot’s cargo at SVO. Sources close to Aeroflot said the two-year contract is […]

A buyer for Transaero?

Just as it was looking like Russia’s Transaero was about to file for bankruptcy, after a failed attempt by Aeroflot to rescue the carrier, a co-owner of Russia’s S7 Airlines, Vladislav Filev, has signed an agreement to purchase at least 51 percent of the airline, according to Reuters. Transaero, which is Russia’s second largest airline, […]

Transaero takeover by Aeroflot falls through

Russian state-owned Aeroflot has pulled the plug on rescuing Transaero Airlines, after too few of the debt-heavy Russian competitor’s shareholders failed agree to a plan by a deadline of Sept. 28.  Aeroflot was going to acquire a 75 percent stake in Transaero before the deadline. According to a report in Reuters, last month Aeroflot said […]

SkyTeam Cargo upgrades tracking tool

The SkyTeam Cargo alliance, which consists of 12 different carriers, has launched an upgraded version of its online track and trace tool whereby customers can track their shipments across the combined network by entering the airway bill number on the website’s home page. The centralized IT system shared by all of the participating carriers displays […]

Sodexi opens warehouse at Paris CDG

Airport operator Aeroports de Paris, and Sodexi (Society of International Express Development), have opened a new 7,600-square-meter express freight warehouse at Paris Charles de Gaulle (CDG) airport. Based at CDG,  Sodexi is an express freight handler for airlines, including Air France-KLM (which owns 65 percent of shares in Sodexi), Aeroflot, Time Matters (a Lufthansa subsidiary), Saudi […]

Special shippers: Pharma investment paces Benelux

Amsterdam Airport Schiphol, the third largest cargo hub in Europe, saw a 1-percent increase in throughput in the first six months of this year. But growth feels “sluggish,” according to Enno Osinga, senior vice president cargo. “Nobody’s talking about the market picking up; it’s just changes in composition,” he says. “Inbound volumes from Asia grew […]
  • August 28, 2013