Qatar Airways investments equal nearly 10 percent of Cathay Pacific ownership

Expanding its reach into the Asia-Pacific region, Qatar Airways agreed to purchase shares amounting to about 9.6 percent ownership in Hong Kong-based Cathay Pacific Airways. Cathay Pacific, like Qatar Airways, belongs to the oneworld global airline alliance. According to Reuters, Qatar Airways bought roughly 378 million of Cathay Pacific’s shares from Hong Kong’s Kingboard Chemical […]

Qatar Airways raises stake in IAG – again

For the second time in less than a month, Qatar Airways Ltd. increased its stake in IAG SA, an airline holding group with a portfolio that includes British Airways, Iberia Airways and other prominent airlines. Qatar Airways’ move to bump its stake to 15.1 percent comes on the heels of a recent jump from 9.99 […]

LATAM, AA, IAG seek new partnership

LATAM, American Airlines, British Airways and Iberia are shaking things up for 2016. LATAM – the newly rebranded entity comprised of Chile’s LAN Airlines and Brazil’s TAM Lineas Aéreas S.A. – said it will apply for antitrust immunity with the U.S. Department of Transportation and the relevant authorities in South America to form a joint […]

Logistics M&A activity makes big splash in Q2

A rash of “mega-deals” during the second quarter of 2015 have made transportation and logistics one of the hottest mergers and acquisitions sectors, boosting the average deal value to US$564 million, according to a recent study by PricewaterhouseCoopers. There were nine M&A deals made during the quarter with a combined value of $23.6 billion, which […]

IAG to begin 787-9 Heathrow-Delhi cargo service

IAG Cargo will begin cargo services on a new Boeing 787-9 Dreamliner this fall. The aircraft will make five weekly frequencies on the London Heathrow-Delhi route, beginning October 25. By replacing a passenger-configured 747 on the Delhi service, IAG will be able to offer cargo customers around 17 percent more capacity per flight. The 787-9 […]

IAG Cargo launches London-Kuala Lumpur route

With Malaysia experiencing strong economic growth and increased trade, IAG Cargo has begun a London-Heathrow-to-Kuala Lumpur frequency, beginning May 27. The route is being operated by a 777-200ER, which will provide 15 tonnes of capacity on each daily flight. Malaysia’s economy is expected to grow by 4.7 percent this year, and to accelerate to approximately […]

IAG, Cargo Airlines Association speak out on open skies

The Cargo Airlines Association, representing the all-cargo carrier industry, issued a statement Thursday urging the U.S. government to maintain its open skies agreements it negotiated with 115 countries worldwide, which promote world trade. The association maintains that cargo carriers employ more than 760,000 people, and that those jobs would be in jeopardy if any action […]

Leaders in logistics recognized at 2015 Air Cargo Excellence Awards

FROM THE PRINT EDITION: There were many familiar faces in Shanghai last month during the Air Cargo Excellence (ACE) Awards ceremony. But there were also some notable newcomers that climbed the ranks in this celebra­tion of the top air logistics industry firms, as chosen by Air Cargo World readers. All three air cargo carriers that […]

Qatar Airways buys stake in IAG

In a move with possible long-haul airfreight implications for both carriers, Qatar Airways has purchased a 9.99 percent share of International Airlines Group (IAG), the parent company of Iberia and British Airways. The stake, worth about £1.15 billion (US$1.7 billion), strengthens a bond between the two carriers that began when Qatar joined the 30-member oneworld […]

IAG makes third offer to take over Aer Lingus

IAG has made its third offer to buy Aer Lingus, the national airline of Ireland. At €2.55 (US$2.85) per share, this is the most generous offer yet, besting its last offer of €2.50 per share. Aer Lingus is valued at more than €1.3 billion. It is the leading air carrier of air cargo to and […]

Also in the News

This month, Chennualt International Airport (CWF) in Lake Charles, La., celebrated the opening of AAR Corp.’s new 118,000-square-foot MRO facility. The $21.5 million high-bay structure, known as Hangar H, is large enough to provide maintenance, repairs and overhaul capacity to various wide-body aircraft, including Boeing 747s, 767s and 777s, as well as Airbus A330s and […]
Page 2 of 2«12