FedEx to invest €1.4 billion in Paris CDG facility overhaul

FedEx Express is expanding its distribution hub at Paris-Charles de Gaulle (CDG) Airport with a €200 million investment in technology and automation, and a €1.2 billion, 30-year lease. The 30-year lease underscores the long-term importance of the European Union to the company’s long-term plans. Once completed, FedEx said the upgrade will increase sorting capacity by […]

Worldwide unrest fuels cargo loss

Even before the events in Paris on Friday Nov. 13, unrest in several geographic areas of the world has contributed to major disruption in the supply chain. According to the most recent Security Risk Index from US-based supply-chain consultants BSI, the influx of refugees fleeing areas of conflict in the Middle East has caused disruption […]

FedEx to expand express capacity in Milan

As it moves forward with its planned takeover of TNT, FedEx Express made moves to strengthen its presence in Europe by launching a US$112 million expansion at Milan Malpensa Airport. The expansion, measuring 115,000 square feet, is scheduled to be completed sometime in mid-2016 and will accommodate the first daily courier connection from Italy to […]

China Southern sends more freighters to Europe

China Southern Airlines added twice-weekly 777-200F service from its hub in Guangzhou to London Stansted this past June, and will now increase the frequency to three times per week beginning Aug. 1, according to Air Cargo Asia-Pacific.  The service also includes a stop in Frankfurt. Freighter frequencies from Guangzhou to Paris and Vienna were also […]

Air Djibouti takes flight

Just three months after announcing the re-boot of Air Djibouti, the carrier relaunched on Aug. 10, carrying six tonnes of cargo from Djibouti to Hargeisa, in a region of Somalia now called Somaliland. Life was breathed into Air Djibouti once again with the help of Cardiff Aviation, whose chairman is Bruce Dickinson (pictured), a 757 […]

Volga-Dnepr orders 20 freighters at Paris Air Show

The Volga-Dnepr Group has entered into an agreement with Boeing to order twenty 747-8 freighters through a combination of direct purchases and leases over the next seven years. The two companies signed a memorandum of understanding  – valued at US$7.4 billion, at list prices – during the Paris Air Show. Volga-Dnepr will reap additional benefits […]

Frankfurt top dog again? Well, maybe

Europe’s top cargo airport? Well, surely that would be Frankfurt. Or maybe Paris? It’s a good question, because through last year both gateways were trumpeting the fact that their cargo figures for 2013 clearly showed they were each the busiest cargo gateways in Europe. On paper, at least, Frankfurt appeared to be the underdog with […]

Air France-KLM reports precarious year

Air-France-KLM Cargo suffered an operating loss of €212 million in 2014, with a two-week pilot’s strike blamed for €24 million of that loss. Had there not been a strike the operating loss still would have been €188 million. Either way, not a great year. Excluding the losses incurred from the strike, AF-KLM’s year-end losses would […]