DP World acquires P&O Ferrymasters
DP World has acquired the holding company of P&O Ferries and P&O Ferrymasters for GBP 322 million. The transaction is subject to customary completion conditions and is expected to close in H1/2019. Sultan Ahmed Bin Sulayem, group chairman and CEO, DP World, said: “We... more
Dokasch supplying Opticoolers to Turkish Cargo
Starting this month (February), Dokasch is supplying its Opticoolers to Turkish Cargo. Andreas Seitz, MD of Dokasch Temperature Solutions, said: “Turkish Airlines serves more destinations than any other airline. This means that our Opticoolers are now available to many more... more
Abu Dhabi: pact for new rail logistics facilities
UAE-based Etihad Rail has signed a MoU with Zones Corp to establish railway and logistics facilities within Abu Dhabi's industrial city (ICAD). The projects will serve industrial entities in the ICAD and Mussafah, and provide a point of departure for goods bound for Saudi... more
Emirates - 20 years of ops to Lahore and Islamabad
Emirates is celebrating 20 years of operations in Lahore and Islamabad, two of Pakistan’s most populous cities. The locations are important cargo destinations for the airline as it carried over 123,962 t of cargo in the last five years. Key exports and imports include fresh... more
Ebitda target is coming closer
In 2018 Agility reported a net profit of KWD 81.1 million (USD 267 million), up 18.4% compared to 2017. Revenue for the year reached KWD 1.55 billion (USD 5.1 billion), and ebitda was KWD 154.8 million (USD 509.6 million), increases of 10.2% and 14.5%, respectively.... more
Saudia Cargo contributes to air-sea-air cargo corridor
Saudia Cargo CEO, Omar Hariri (left), and the King Abdullah Economic Port CEO, Rayan Qutub, have signed a joint agreement at King Abdullah Economic City, 90 km north of Jeddah, to enhance collaboration opportunities and establish a secure logistical operations zone. The pact,... more
Etihad Cargo helps horses jump to Hong Kong
Etihad Cargo was once more chosen to transport a special consignment of show jumping horses for the annual Longines Masters of Hong Kong starting today (15 February 2019). This is the third consecutive year that the carrier has been entrusted by EEM World, a global leading... more
The end of the biggest dream
Following Emirates’ announcement that it is cutting its A380 order from 162 to 123 units, and switching to 40 A330-900s and 30 A350-900s, Airbus decided to end the superjumbo programme by 2021. The double-decker aircraft made its maiden flight in 2005, and went into service... more
Airlines fly to the aid of lovers
Today (Valentine’s Day), lovers can express their feelings with fresh flowers – thanks to the airlines that have flown tons of the perishable blooms over the last few days. Emirates Skycargo and Lufthansa Cargo each transported 900 t of roses. The German carrier flew around... more
Jet Aviation picks flight services head for Emea and Asia
Jet Aviation has appointed Norbert Ehrich, former VP sales for Jet Aviation Flight Services South East USA and South America, as its new vice-president flight services Emea and Asia, effective immediately. Ehrich succeeds Jürg Reuthinger, who retired at the end of 2018 after... more