Essa Al-Saleh steps down as CEO of Agility GIL
Agility has announced that Essa Al-Saleh, the CEO of its global integrated logistics (GIL) business, will be stepping down after thirteen years in the role and twenty-two years with the company. He will be succeeded by industry veteran Chris Price, who will become GIL CEO on 1... more
Delivering Saudi Arabia's most significant horse race ever
Instone Air has been working with Luck Greayer Bloodstock Shipping (LG), combining their bloodstock transportation expertise to support the world’s most valuable horse race, The Saudi Cup, which takes place in Riyadh today, 28 February 2020, and tomorrow, offering prize money of... more
Silkway serves Silk Road, Qatar Airways reduces
Azerbaijan's Silkway West Airlines has kept up its scheduled and charter flights connecting China in these challenging and turbulent times. With more than 20 flights weekly through its global hub in Baku, Silkway is continuing operations with a mix of charter and scheduled... more
Cargojet continues to rise
The Canadian air cargo carrier Cargojet has announced financial results for the fourth quarter and year ending 31 December 2019. Total revenues were CAD 486.6 million (EUR 340.4 million), an increase of CAD 31.7 million (EUR 22.2 million) or 7.0% versus the previous year.... more
Rearranging Middle East services
Hapag-Lloyd, Hyundai Merchant Marine, Ocean Network Express (ONE) and Yang Ming, the members of The Alliance, have specified the changes to their network they announced in January 2020 and released updated details concerning their service network on the Asia-Middle East... more
Qatar Airways arranges "cargo convoy" to China
Less than three weeks after transporting 100,000 medical-grade N95 respiratory masks and 2,700 medical-grade disposable latex gloves, providing essential protection to healthcare professionals working around the clock at hospitals in Hubei Province, five Qatar Airways Cargo... more
Agility reports 7% rise in net profit for 2019
Agility reported a net profit of KWD 86.8 million (EUR 261 million) in 2019, an increase of 7% from 2018. Revenue for the year reached KWD 1.578 billion (EUR 4.755 billion) and ebitda was KWD 193.1 million (EUR 580.7 million), increases of 1.8% and 24.7%, respectively.... more
Etihad Cargo and Dnata deepen partnership
Etihad Cargo from Abu Dhabi has bolstered its global handling partnership agreements with Dnata from Dubai, one of the world’s largest air service providers. The new agreements align the two UAE-based companies until 2023, with Dnata providing warehouse and cargo handling... more
DP World to delist quickly from Nasdaq Dubai
DP World is to become a private company and delist its shares. DP World’s parent company Port and Free Zone World has offered to acquire the 19.55% of DP World’s shares traded on Nasdaq Dubai, returning the company to private ownership. Chairman Sultan bin Sulayem commented... more
One man's loss is another man's gain
While other international airlines are also reducing their maindeck capacities on flights to and from China because of the coronavirus, Emirates Skycargo is seeing good demand for the import and export of cargo to and from the Chinese market. The air cargo carrier operates... more