New funds to boost air cargo business 

Air T, a Charlotte (NC, USA)-based portfolio of independent businesses and financial assets, including overnight air cargo, has completed a private placement of USD 4 million of its 8% Trust Preferred Securities (TruPs) at a price of USD 17 per share for a 12.1% yield to... plus
ITA Airways bans hunting trophies 

Italy’s ITA Airways has joined the campaign of the international organisation Humane Society International/Europe and introduced a ban on transporting hunting trophies on its flights, both as cargo and as passenger baggage. On a national level, ITA Airways' commitment holds... plus
Exporting air cargo from Punta Cana 

DP World, a global provider of end-to-end supply chain solutions, has launched its first export operations at its new air cargo logistics hub in Punta Cana, Dominican Republic. The new facility, which was announced earlier this year, enhances the Dominican Republic’s position as... plus
Enhancing Hong Kong's e-commerce capacity 

Airport Authority Hong Kong (AAHK) has signed an agreement with UPS to develop an express facility at Hong Kong airport. Expected to complete in 2028, the new hub will serve as UPS Hong Kong’s main site for processing and sorting imports, exports, and transshipments to and from... plus
Swissport launches cargo operations in Australia 

Swissport International, a global provider of airport ground services and air cargo handling, is complementing its offering in Australia with air cargo handling. The launch of the new business line at Sydney Airport (SYD) last month is part of Swissport's overall growth strategy... plus
AMS: Menzies awards CEIV Pharma accreditation 

Global aviation services provider Menzies Aviation has been awarded the Iata Ceiv Pharma accreditation for its cargo facility at Amsterdam Airport Schiphol (AMS). The International Air Transport Association (Iata) recognised certification is awarded to companies in the air... plus
Miami, Singapour, Bruxelles: le secteur vit! 

Au terme d’une période paraissant éternelle et au cours de laquelle les salons et conférences ont dû être soit annulés soit transférés dans l’espace virtuel (et ce à l’échelle mondiale), plusieurs événements récents ont prouvé que le secteur du fret aérien est bien vivant. plus
Redelivery of 150th B747 freighter 

The Hong-Kong-based MRO solutions provider Haeco has redelivered its 150th B747-8F aircraft to Atlas Air, marking a significant milestone in a collaboration that began in 2006. The partnership extends beyond the B747-8F to include other aircraft types such as the Boeing 747-400F... plus
Teaming up to enhance airfreight booking 

DB Schenker, a global provider of logistics solutions, and American Airlines Cargo have announced an advance in airfreight operations. The introduction of an application programming interface connection (API), launched on 14 November 2023, marks the next step in digitalising... plus
Reshaping the Mexican air cargo sector 

WestJet Cargo has unveiled a strategic arrangement operating on behalf of Awesome Cargo, a rising star in the Mexican airfreight industry. Awesome Cargo secured its air operator certificate (AOC) from Mexico's Federal Civil Aviation Agency (Afac) on 13 October 2023. The... plus