Fri, 30 Jan 2015 12:26:15 -0800
German freight forwarder DB Schenker, a subsidiary of Deutsche Bahn, is being joined by additional plaintiffs in its civil lawsuit against air cargo carriers to recover damages allegedly caused by global price-fixing of surcharges from 1999 to 2006. A ...
Fri, 30 Jan 2015 11:52:30 -0800
“Air cargo markets experienced a welcome upswing in 2014, with the second half of the year registering 6 percent growth compared to the same period in 2013, following several years of stagnant demand,” said Andrew Herdman, AAPA director general.
Fri, 30 Jan 2015 15:15:00 -0800
After returning to the skies in December and settling one of its several lawsuits this month, embattled U.S.-based all-cargo carrier Centurion Cargo has been hit with yet another lawsuit – this time from its current landlord, Aero Miami III, calling ...
Fri, 30 Jan 2015 17:52:30 -0800
Being a state-owned airline, Qatar Airways is subject to European Union restrictions that forbid majority ownership by non-EU nations. However, the 9.99 percent stake just purchased makes Qatar the largest single shareholder in IAG. "Both IAG and Qatar ...
Thu, 29 Jan 2015 19:45:11 -0800
HONG KONG — Apple has released its smartphone data for the fourth quarter of 2014, and while soaring sales of the iPhone 6 doubled its market share in China, the numbers also illustrate the close correlation between the air cargo industry and the ...
Thu, 29 Jan 2015 09:03:45 -0800
Centurion Air Cargo resolved a lawsuit with a creditor that sought to seize five of its planes, but now the company is dealing with an eviction lawsuit over its massive facility at Miami International Airport. Aero Miami III, which has a large lease ...
South Florida Business Journal
Fri, 30 Jan 2015 16:22:30 -0800
IATA data showed demand, measured in freight tonne kilometres (FTK), grew 4.2 per cent in November 2014 compared to the same month in 2013, with capacity growing by 3.3 per cent. Compared to the previous month air freight demand expanded by 0.8 ...
Wed, 14 Jan 2015 11:40:12 -0800
The Air Cargo Excellence Awards will take place in Shanghai, China, on March 10 at the Pudong Shangri-la Hotel after the opening reception of the IATA World Cargo Symposium – one of the world's key air cargo community gatherings. The evening will ...