MSC Air Cargo launches inaugural flight from Milan to Hong Kong
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by STAT Times
1h ago
MSC Air Cargo announced the launch of its first commercial flight from Milan Malpensa Airport to Hong Kong International Airport The Malpensa-Hong Kong-Malpensa route will be operated twice a week, says an official release. “The occasion marks the beginning of a new era in airfreight logistics as MSC Air Cargo expands its network and capabilities with the delivery of its fifth MSC-branded aircraft, the Boeing 777-200 freighter (I-MSCA), operated by AlisCargo Airlines.” The addition of AlisCargo's expertise and resources, combined with a new state-of-the-art Boeing 777-200 freighter, will supp ..read more
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Menzies Aviation renews cargo and ground handling contract with KLM
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by STAT Times
7h ago
Menzies Aviation, a global service provider for airports and airlines, has renewed a major cargo and ground handling contract with the Dutch flag carrier KLM Royal Dutch Airlines at Amsterdam Airport Schiphol (AMS), according to an official release by Menzies Aviation. “We are glad to continue our great partnership after all these years of close cooperation. We are looking forward to further develop the ramp handling activities together with Menzies,” says Paul van der Wardt, General Manager, Martinair Cargo. Menzies Aviation will continue to deliver cargo warehouse and ramp handling services ..read more
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China Cargo Airlines launches Shanghai-Budapest flights
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8h ago
China Cargo Airlines, a subsidiary of China Eastern, has launched its first dedicated cargo flight from Shanghai Pudong Airport (PVG) to Budapest Airport (BUD) using its Boeing 777F aircraft. The thrice-weekly flights will be available every Monday, Wednesday, and Friday starting from July 30. Last year, PVG was the world’s third largest cargo hub in terms of cargo turnover. The thrice-a-week scheduled connection thus creates a great transport opportunity for export and import flows for both SMEs and multinational companies in Hungary and the Central and Eastern Europe (CEE) region and furthe ..read more
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Swiss WorldCargo gets IATA CEIV pharma re-certification
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by STAT Times
10h ago
Swiss WorldCargo, the airfreight division of Swiss International Air Lines, has received IATA’s Center of Excellence for Independent Validators in Pharmaceutical Logistics (CEIV Pharma) re-certification. The re-certification was awarded following a thorough audit by IATA’s recognised independent auditors, according to an official release from Swiss WorldCargo. Lorenzo Stoll, Head of Cargo, Swiss International Air Lines says: “I am very proud of Swiss WorldCargo being awarded a full CEIV Pharma re-certification again, which speaks for our continuous efforts to maintain the highest standards of ..read more
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United Q22024 cargo revenue up 14% on higher tonne miles
The STAT Trade Times
by STAT Times
10h ago
United Airlines reported a 14 percent increase in cargo revenue at $414 million for the second quarter of 2024 compared to $362 million in the same period last year. Cargo revenue tonne miles increased 16 percent to 890 million from 768 million in the second quarter of 2023, says an official release. United opened a state-of-the-art cargo facility at the New York/Newark airport, expanding the airline's cargo space at the hub to 319,000 square feet, the release added. "United transported nearly 320 million pounds of cargo, including approximately 33 million pounds of medical shipments and 29,0 ..read more
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Challenge Group appoints new Head of Materials and Logistics
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1d ago
Challenge Group has appointed Eyjolfur (Eyvi) Vestmann Ingolfsson as the new Head of Materials and Logistics to enhance its sustainable and cost-efficient recycled aircraft parts services. This appointment is part of the company's strategic move to capitalise on the $2.2 billion global aftermarket for recycled aircraft parts. With the aviation industry facing challenges such as parts shortages and the increasing emphasis on sustainability, Ingolfsson's appointment signifies Challenge Group's commitment to addressing these issues and strengthening its position in the industry. Ingolfsson recen ..read more
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Silk Way West Airlines flies 2 beluga whales from Ukraine to Spain
The STAT Trade Times
by STAT Times
1d ago
Silk Way Airlines transported two beluga whales from an aquarium in Ukraine to a facility in Spain. The belugas were transported from Ukraine to Moldova by land from where Silk Way Airlines then flew them to Spain since direct flights were not available due to the ongoing war in Ukraine, according to an official release from Silk Way West Airlines. The airline's specialised team worked closely with animal care experts and veterinarians to monitor the whales' health and comfort during the flight. The transportation involved a series of carefully planned steps including the use of specialised e ..read more
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Pradhaan Air Express launches maiden flight from Mumbai to Tashkent
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by STAT Times
1d ago
Pradhaan Air Express, India's first dedicated air cargo carrier, launched its inaugural flight from Mumbai to Tashkent, Uzbekistan, carrying 65 tonnes of vaccines from the Serum Institute of India. India's pharmaceutical sector has been experiencing steady growth, with exports reaching $24.4 billion in 2022-23, according to Pharmexcil. The country’s air cargo industry is also witnessing rapid expansion, marked by a 15% increase in cargo volume during the same period, according to a release from Pradhaan Air Express. “The successful shipment of vaccines to Tashkent showcases Serum Institute's ..read more
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DB Schenker, Kaden to develop logistics infrastructure in Saudi Arabia
The STAT Trade Times
by STAT Times
1d ago
DB Schenker, a global leader in logistics and transportation solutions, announced an alliance with Kaden, a real estate development and property management company, to enhance logistics infrastructure in Saudi Arabia. The first phase of the project will be located in Jeddah, says a release from DB Schenker. "The project will progress through several phases, each designed to accommodate different verticals, various storage modes and temperature-controlled spaces." Ako Djaf, VP, Contract Logistics and SCM, Middle East and Africa, DB Schenker says: "The importance of the partnership is underscor ..read more
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Air freight rates down marginally in firmer-than-usual July market
The STAT Trade Times
by STAT Times
1d ago
Global air freight prices eased slightly lower in the week to July 15 (down 1.1 percent), according to the latest data from TAC Index. The index is still ahead by some +10.2 percent year-on-year in what continues to be a firmer-than-usual market for July when there is often a mid-summer lull.  "The index of outbound routes from Hong Kong was little changed with rates to Europe edging further up to leave the YoY change at +24.1 percent. Outbound Shanghai was lower by -2.9 percent WoW but still well ahead by some +32 percent YoY. Rates out of India fell back a little after recent big gain ..read more
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