Norwegian airport operator Avinor commits $1 million to biomass fuel

Avinor, the state-owned operator of Oslo Airport (OSL), Stavanger Airport (SVG) and other Norwegian airports, agreed to spend US$1 million on biomass fuel from Quantafuel, a manufacturer that converts plastics and now wood waste into jet fuel.   “[The] end game and goal is to produce jet fuel from biomass,” Quantafuel Chief Executive Kjetil Bøhn told Air Cargo World. The biomass fuel, which isn’t ready for the market yet, […]

November rates ‘highest of last 4 peak seasons,’ Drewry finds

Trans-Pacific airfreight rates hit a four-year high of US$3.18 per kilogram during the month of November – a 5 percent jump from October and a 2 percent year-over-year increase, according to Drewry’s latest East-West Index report. Philip Damas, director of Drewry Supply Chain Advisors, the logistics consultancy arm of Drewry, said that, while the industry’s […]

IAG Cargo posts modest Q3 gains with increased revenues, costs

IAG Cargo, the cargo arm of International Airlines Group, showed respectable growth in revenues in its third quarter 2018 results, but parent company IAG showed more modest growth in profit margins. Cargo revenue rose from €271 to €290 million, year-over-year, in Q3, for a 7 percent increase. For parent company IAG, operating profit rose slightly […]

American Airlines has record-breaking Q2, but proceeds with caution

The cargo arm of the traditionally passenger-focused American Airlines increased its second quarter freight volume by 10 percent to 158,757 tonnes compared to the same period last year, according to its recent quarterly statement. The airline said this marks its best June performance in more than 10 years, standing out among many carriers that saw […]

TAP Portugal seeks fuel savings with ULD contract

Lisbon-based TAP Portugal has signed a four-year outsourcing agreement with CHEP Aerospace Solutions to upgrade the flag carrier’s unit load devices (ULDs) to newer models that are expected to reduce the airline’s fuel costs by as much as €2.5 million over the length of the contract. Under the agreement, Zurich-based CHEP will assume control and […]
  • October 6, 2014

Air BP, Poland oil company form joint venture

Air BP signed an agreement with a Poland-based oil company to form a new joint venture to manage the supply, logistics and marketing of aviation fuel in Poland, the country with the fastest growing aviation fuel sales in Europe.
  • June 26, 2013