An exceptional year for Cargolux 
With 1.1 million t of freight sold in 2020 (+9.7% yoy), the year of its 50th anniversary proved to be exceptional for the Cargolux Group. The airline earned a net profit after tax of USD 768.7 million (2019: USD 20 million) with an ebit margin of 31.3%. With a flexible fleet of... plus
Air Canada and WFS against Covid-19
Worldwide Flight Services (WFS) and Air Canada are working closely with the Canadian government to transport vial caps for doses of the Covid-19 vaccine to support the country’s immunisation programme. Since December 2020, thousands of innovative plastic "RayDyLyo vial... plus
Drone delivery service in Kenya
British advanced air mobility (AAM) company Skyports has signed a MoU with Kenya’s flag carrier airline Kenya Airways, to collaborate on launching permanent UAV operations in the East African country. Joint efforts have already begun with respect to drone delivery. In the... plus
Dutch trade association mandates Paycargo
Payment platform Paycargo, which processed USD 4 billion in transactions for logistics firms last year, has teamed up with Air Cargo Netherlands (ACN) to help simplify the payment and collection of the association’s membership and delegate transactions. The trade association... plus
New partner for China-France e-commerce
Following the 2019 launch of DPD China under the Lenton Group umbrella and benefiting from the rollout of multimodal services between China and Europe, Lenton Group is implementing additional logistics solutions to strengthen its connections with the DPD Group network in Europe.... plus
Big takeover in South Africa
Kuwait-based National Aviation Services (NAS), Colossal Africa and a consortium comprised of the current executive management team have signed an agreement to acquire Bidair Services from the Bidvest Group. The closing of the acquisition is subject to fulfilling final... plus
Promoting belly cargo in Baltics
Air Baltic and Riga Airport (RIX) have signed a land reservation agreement for building a new Baltic cargo hub at the Latvian capital’s airport. Covering 6,000 sqm, the terminal will be the largest dedicated air cargo handling facility in the region. Construction is planned... plus
From Greenwich to Greenville
ACL Airshop, a global provider of ULD logistics solutions to over 200 airlines, air cargo carriers and other logistics clients, has been acquired by Alinda Capital Partners. Details of the transaction were not disclosed, but the current management and operations team remains in... plus
Increased UK-Australia frequencies
Consol Alliance is now serving Melbourne, Sydney, Perth and Brisbane 20 times per week from UK. All cargo is pre-palletised before presentation to carriers for added security, safer transits and faster handling. The airfreight consolidator is offering both door-door and... plus
Funding for last and middle drone mile project
In collaboration with its hometown Bruchsal, SEW Eurodrive, DB Schenker and the action group Karlsruhe Technology Region, which is committed to strengthening and promoting the southwest German region as a hub for business, science and innovation, with a special focus on... plus