WorldACD: 2017 a remarkable year for air cargo but when will the party end?

Market analyst WorldACD has described 2017 as a “real bumper year” for airfreight but posed the question: “When will the party end?” In its latest update, WorldACD reports that December 2017 saw a year-over-year (YoY) growth of 4.5% in worldwide air cargo volumes. The main contributors, stated the analyst, were the origin regions Asia […]

Continue Reading

EVA Air signs B777F components deal with Lufthansa Technik

EVA Air has signed up Lufthansa Technik to supply components for the Taiwan-based airline’s new Boeing 777F fleet. The supply of components for the freighter aircraft includes the repair, overhaul and supply of line replaceable units. “The availability of serviceable components is ensured via Lufthansa Technik’s worldwide warehouses,” the company said. “Inventories for the Asia […]

Continue Reading

Antonov

Antonov Airlines’ new US base in Houston has transported an outsized communications satellite for Orbital ATK. The Al Yah 3 Satellite was transported in a container that measured 11.4 m long, 4.6 m wide, and 4.1 m high, and weighed 23 tonnes. The cargo travelled from Washington Dulles International Airport to Cayenne, French Guiana […]

Continue Reading

FedEx expands freight forwarding business

FedEx is expanding freight forwarding division, FedEx Trade Networks, with the addition of its speciality logistics and e-commerce solutions businesses from March. FedEx Trade Networks (FTN), which is led by Richard Smith, son of FedEx founder Fred Smith, will include a new company called FedEx Forward Depots, with responsibility for critical inventory and service parts […]

Continue Reading

Munich airfreight up 7% in 2017

Munich Airport’s dynamic cargo growth continued in 2017 with a record total turnover of 379,000 tons  – a 7% gain over the previous year. Passenger traffic at the southern Germany hub increased by 2.3m to a new all-time high of 44.6m, a 5.5% gain over the 2016 figure. “These are outstanding traffic figures, especially […]

Continue Reading