MAG’s performance improves by 60%
Malaysia Aviation Group (MAG) achieved positive ebitda (earnings before interest, taxes, depreciation, and amortisation) of +MYR 433 million (USD 102 million), compared to -MYR 1,761 million (-USD 405 million) a year ago, reducing its loss for the financial year ended 31... plus
"Air taxi" for freight
Endecots Taxi Aéreo, which has been operating feeder flights in Ecuador for over 30 years, is planning to expand into the cargo business. An application for an operating licence was recently submitted to the national authorities. From Quito and a second location in... plus
WFS lands four contracts in Spain
Worldwide Flight Services’ (WFS) has won new contracts for its full ground and cargo handling capabilities in Spain: the Hungarian cargo charter airline Fleet Air has commissioned WFS to provide cargo handling services in this country. In Madrid, WFS is operating seasonal... plus
Natilus to build 3.8 t aircraft in San Diego
Natilus, a US company which produces the world’s first purposefully-designed and manufactured autonomous aircraft for air freight transport, is building new engineering and manufacturing facilities for its family of aircraft on San Diego’s Brown Field. “As the design of the... plus
Leaving Basel after almost ten years
AFG Aviation Ireland has sold a B747-8JA (serial number 40065) to Boeing. The wholly owned subsidiary of Aircraft Finance Germany ferried the aircraft on 15 April 2022 from Basel, Switzerland to Marana, Arizona, where it will very probably be scrapped. Yet the wide-body aircraft... plus
Fedex Express expanding at Newcastle Intl Airport
Fedex Express, a subsidiary of Fedex Corp. and the world’s largest express transportation company, has expanded its operations at Newcastle International Airport, to serve growing export and import demands in the region. Fedex Express has moved into its own modern facility at... plus
Opening doors to the next generation
A group of students currently studying logistics and supply chain management at Auburn University in Alabama (USA) were given an exclusive, behind-the-scenes air cargo familiarisation tour at Atlanta Airport (Georgia) on 25 March 2022. It was a joint initiative planned by... plus
Diamondo Earthrounding to conclude green mission
When Matthias Niederhäuser and Robin Wenger, two Swiss pilots, land this morning, 22 April 2022, at Zurich airport (expected at 11:20 h local time), arriving from Frankfurt, they will have achieved a circumnavigation with net-zero carbon emissions through green initiatives and... plus
Cainiao increases cargo trips from Malaysia to UK
Alibaba’s logistics arm expanded its direct flight network in Malaysia last week, increasing cargo trips from Kuala Lumpur to London and Hangzhou to boost efficiency. According to the platform, a new thrice-weekly direct flight to London will reduce air freight time by 30% and... plus
Alpine acquires Suburban Air Freight
Alpine Air Express, a regional air cargo carrier operating throughout North America, has acquired Suburban Air Freight ("Suburban"). This strategic addition marks Alpine's second acquisition since becoming a portfolio company of AE Industrial Partners,... plus