Lufthansa Cargo reports positive trends in 2018 
In 2018 revenue in the logistics segment of the Lufthansa group rose by 7% to EUR 2.713 million, particularly due to a strong rise in yields. Total revenue increased by 7% to EUR 2.770 million. Capacity at Lufthansa Cargo (13.555 million ftk) increased by 5% in 2018. Belly... more
Staeco gains authorisation as AEI conversion centre
Aeronautical Engineers (AEI), a global leader in the aircraft passenger-to-freighter conversion business, has selected the Chinese MRO provider Taikoo (Shandong) Aircraft Engineering Company, also known as Staeco, as an authorised conversion centre, in addition to Commercial Jet... more
Fedex Express gets new CEO and president
Fedex has appointed Don Colleran president and CEO of Fedex Express, effective March 16. Colleran has been with Fedex for almost 30 years, holding various executive level positions in several operating companies and international regions. He began his Fedex career as an... more
Bureau Veritas picks Protheroe for North America
Tim Protheroe has been appointed regional chief executive, marine & offshore, North America by Bureau Veritas, a provider of laboratory testing, inspection, and certification services. Protheroe will provide leadership in the USA and Canada, both key markets for Bureau... more
USA: Hudson gains access to the BNSF network
The construction work for BNSF’s new rail hub in Hudson, near Denver in Colorado (USA), started with the ground-breaking ceremony. The logistics centre for class I railroads is designed to improve access to Denver and the surrounding markets via new rail-served sites. The... more
Alaska Airlines cuts cargo prices and launches new service
After having restructured its product prices and services in the state of Alaska (USA) in 2018, Alaska Air Cargo has now launched a similar programme in the continental US states and Hawaii, with the effect that prices are decreasing by an average 13%. Most weight breaks have... more
Candy bombers will return to Berlin in June 2019
In June 2019, to celebrate the 70th anniversary of the end of the 1948/1949 Berlin airlift, the world’s largest humanitarian aid & relief operation to date, 40 of about 160 "candy bombers" still flying today will come back to Germany and Berlin - for what will no... more
USD 31.3 million net income for Descartes
The Descartes Systems Group has announced its financial results for the full fiscal year ended January 31, 2019. Revenues were up 16% to USD 275.2 million, compared to USD 237.4 million in the previous fiscal year. Income from operations amounted to USD 41.4 million, up 15%... more
Weak start for airfreight
The International Air Transport Association (Iata) released data for global airfreight markets showing that demand, measured in freight tonne kilometres (FTKs), was 1.8% lower in January 2019, compared to the same month in 2018. It was the worst performance in the last three... more
ATSG flying high with Amazon
Air Transport Services Group (ATSG), a US provider of wide-body aircraft leasing, air cargo transportation and related services, posted adjusted ebitda of USD 312.1 million in 2018, a 16% increase vis-à-vis 2017. 2018 was the company’s second straight year of double-digit... more