USD 150 million for airport logistics fund
Realterm has successfully raised USD 150 million in capital commitments for its open-ended fund, Realterm Airport Logistics Properties (Ralp). Ralp has now gained approximately USD 900 million in total equity commitments since its formation in 2015, with all original investors... more
Almost 70 t of salmon in the belly
Qatar Airways Cargo recently performed the record breaking uplift of more than 68,944 kg on a single lower deck B777 passenger flight, flying from Oslo to Doha. The Middle Eastern carrier transported over 46,000 t of Norwegian seafood in 2021, the highest result yet. Rob... more
More offerings between Canada and Italy
Working in tandem with Westjet commercial flights between Calgary and Rome, Westjet Cargo will offer approximately 120 t of weekly cargo capacity directly between these destinations on the airline's 787 Dreamliner. Westjet Cargo's shipments will provide increased capacity for a... more
Ostend-Bruges Airport digitises cargo operations
Ostend-Bruges Airport is equipping its cargo hub with a Nallian-powered Cargo Cloud, enabling a coordinated, digitalised approach to processes such as freight pick up and drop off, and the inspection of perishable goods. At the same time, it will provide the airport operator... more
Cargo operations re-open in Kyiv
AirBaltic has cooperated with Ukrposhta to organise a multimodal mail transport system and thus reopen cargo operations from Kyiv. The first mail shipment from the Ukrainian capital arrived in Riga on 12 April. Since then the company has handled more than 7,000 mail bags... more
More capacity on the ground and in the air
A Boeing B767-300 has arrived in Singapore for a P2F conversion to be carried out by ST Engineering. It will subsequently join Icelandair Cargo in October. The aircraft will be acquired on lease from AerCap, which had previously leased it to TUI Airways. Another converted... more
Stratolaunch – fifth flight with new pylon on board
Stratolaunch has successfully completed the fifth test flight of the ‘Roc’, the world’s largest aircraft. It flew over the Mojave Desert for 4 hours and 58 minutes, reaching an altitude of 22,500 feet (6,858 m). The flight debuted a new pylon on the aircraft’s centre wing that... more
Atlas Air with strong Q1 results
Atlas Air Worldwide Holdings Inc has announced a net income of USD 81.5 million for the first quarter of 2022, or USD 2.38 per diluted share, compared with USD 89.9 million (USD 3.05 per diluted share) in 2021. (Last year included USD 40.9 million of Cares Act grant income, or... more
Finnair flies freight around Russian airspace
In April 2022, Covid-19 was still having an impact on Finnair's passenger figures, particularly to/from Asia. The Russian airspace was closed at the end of February, resulting in reduced routes and frequencies in Far East traffic. Thanks to robust demand for cargo (+25.8%... more
MIA cargo: freight traffic up 8% in Q1/2022
After racking up big numbers during its second-consecutive record-breaking year in freight traffic, Miami International Airport (MIA) is well on its way to a three-peat in 2022 as it kicks off World Trade Month. In Q1/2022, MIA’s total freight volume increased by 8% year... more