Air Algérie authorised to acquire 15 aircraft
The council of ministers chaired by Algeria’s president Abdelmadjid Tebboune has authorised Air Algérie to acquire 15 aircraft for the opening of new routes, especially to African and Asian countries, the council said in a statement. "The airline Air Algerie has been... more
Less losses, new problems
In its latest overall assessment, the Safety & Shipping Review 2022, published by insurer Allianz Global Corporate & Specialty SE (AGCS) reports that total losses have declined significantly - around 50 to 75 per year in the last four years, compared to more than 200 per... more
Many Windows on Africa
French software developer Soget is celebrating its 15th year of partnership with African countries. Currently, six countries on the African continent are equipped with the company's solutions for a cargo community system. To date, the software has been implemented at 24... more
UPS picks Ufku Akaltan
Ufku Akaltan will lead UPS operations in more than 70 countries in the Indian Subcontinent, Middle East, Africa and Central Asia. As UPS president for these markets, he succeeds Jean-Francois Condamine, who recently retired. Akaltan joined UPS in 2001 as an intern while... more
War in Ukraine and Omicron weighing on air cargo
The International Air Transport Association (Iata) has released March 2022 data for global air cargo markets showing a drop in demand. The effects of Omicron in Asia, the Russia – Ukraine war and a challenging operating backdrop contributed to the decline. Global demand,... more
Icao: major trends in January 2022
World freight traffic reported a growth of 2.7% in January 2022 (compared to 2019), 6.2 percentage points down from the increase in the previous month. The softening was broad-based across all regions, particularly in Asia/Pacific, North America, and Latin America/Caribbean.... more
DHL can't help the trend
Deutsche Post DHL Group remained on the growth path in Q1/2022. Revenues went up by 19.8% to EUR 22.6 billion, while operating profit (ebit) amounted to EUR 2.2 billion (Q1/2021: EUR 1.9 billion). At 9.6%, the ebit margin was at a comparable level with the previous year... more
Ethiopian Airlines MRO begins first P2F in Africa
Ethiopian Airlines MRO recently celebrated a milestone on B767 passenger to cargo conversion as the first conversion site in Africa, in collaboration with Israel Aerospace Industries (IAI), was opened in the presence of His Excellency Ambassador Alelign Admasu, ambassador of... more
Making dangerous goods transport safer
The international freight transport insurer TT Club is calling for more security and safety in lithium battery supply chains. This statement follows a number of recent fire incidents affecting container transport, ro-ro ships and air cargo movements allegedly involving lithium... more
World trade in March: the calm before the storm?
The container throughput index published by the RWI Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) went up in 2022, rising by 1.6 points to 119.2 points (seasonally adjusted), according to the latest flash estimate.... more