Pharma follows perishables
A few weeks ago Oman Air was certified in accordance with ‘CEIV Fresh’, Iata's Center of Excellence for Independent Validators for fresh logisticscs (CEIV Fresh). Now the carrier has also been certified in accordance with Iata CEIV Pharma, confirming its capabilities to... more
First flight of last A380
The last A380 manufactured in Toulouse took off on its first flight last week. The superjumbo flew from the Airbus plant in southern France to the Hamburg site.It will undergo tests in northern Germany before its handover, for which no date has yet been fixed. The 251st model... more
Delivering vital vaccines from India to Egypt
Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, and global supply chain company EFL (Expolanka Freight) have carried a vital consignment of vaccines from India, the world's largest manufacturer of vaccines according to WHO, to Egypt. Leveraging Etihad... more
AIT Worldwide fills its war chest
Less than three months after taking over Fiege's IFF activities, AIT Worldwide Logistics has concluded its partnership with private equity group Quad-C Management. While Quad-C sold its full stake, the New York City-based middle-market financial firm The Jordan Company (TJC)... more
General cargo's global growth potential
According to air cargo analyst WorldACD, February showed a worldwide year-on-year (YoY) weight increase of 1.1%, accompanied by a yield/rate increase in USD of 84%. After a strong volume drop in the middle of the month, the end of the month showed a strong recovery. In all... more
Investors for a blockchain BL model
Wave BL, a developer of blockchain networks to support paperless trade in the shipping industry, saw a joint investment in a Series B Financing round of carrier ZIM and Marius Nacht, an Israeli serial entrepreneur and investor. The two investors co-lead a round of approximately... more
A year of "preighters" and better DG handling
Emirates Skycargo, which since the introduction of cargo-only flights on passenger aircraft exactly one year ago, has operated more than 27,800 of such flights, transporting around 100,000 t of essential supplies including pharma and food, has signed an MoU with Dubai Civil... more
Vaccines from China to Bahrain
Gulf Air has operated a cargo-only flight, delivering 300,000 Sinopharm Covid-19 vaccines from China in support of the national vaccination campaign undertaken by the Middle Eastern kingdom. Since the onset of the pandemic, Bahrain's national carrier has supported the import... more
Joint efforts to strengthen Mexican maindeck capacity
ACC Aviation, a global aviation consultancy headquartered in the UK, has transacted a B737-400 from Lithuania's Getjet Airlines to Frontera Flight Holdings, USA. The 1991-built aircraft will be reconfigured from 168-seat passenger fit to dedicated freighter for onward lease... more
How Agility weathered 2020
Kuwait-headquartered logistics group Agility has reported its results for 2020. While revenues for the year went up by 2.7% and reached KWD 1.6 billion (USD 5.3 billion), net profit declined by a significant 52.1% to KWD 41.6 million (USD 137.7 million). Ebitda, in turn, lost... more