Goersch becomes Atlas Air chief operating officer
Atlas Air Worldwide has appointed Klaus Goersch as executive vice president and chief operating officer. Joining the company in late December, Goersch will oversee Atlas’ global flight, ground and technical operations, with direct responsibility for safety, regulatory compliance and operational excellence. As the company’s primary liaison with the Federal Aviation Administration (FAA), he will lead […]
Chủ động nguồn hàng đón cơ hội trong xuất khẩu xanh
Việt Nam đang đứng trước nhiều cơ hội lớn để trở thành một mắt xích quan trọng trong chuỗi cung ứng toàn cầu, đặc biệt trong lĩnh vực xuất khẩu hàng hóa xanh và bền vững. Tại các phiên thảo luận, các diễn giả đã trao đổi các giải pháp nâng cao năng lực sản […]
Aviation firm sheds offshore vessel duo for $143m
FTAI Aviation, a company specialising in power solutions for aircraft engines, has sold its offshore energy vessels to an undisclosed buyer for a sum of approximately $143m. The sale of the Pioneer and Pride vessels is part of the company’s shift to concentrate on its core business operations, specifically the aftermarket needs of the CFM56 […]
Putzger perspective: Pricing smoke and mirrors
Parcel shippers were hit with peak season surcharges but carriers’ pricing gambles didn’t pay off. Digitalisation has made some headway in the industry, but it appears to have failed to move the needle significantly when it comes to pricing. Witness the parcel sector, where the integrated express carriers have been engaged in a curious carrot-and-stick […]
Air charter steps up for humanitarian aid again in 2024
The air charter industry has once again this year stepped up to humanitarian crises around the globe, highlighting the importance of chartered aircraft in moving essential goods. This year, the industry has been busy assisting in humanitarian operations in the Far East, Africa, the Middle East and Caribbean, as well as North and South America, […]
Airfreight is a constant high for Davies Turner’s James Wheatley
Davies Turner Air Cargo managing director James Wheatley discusses the highs of the industry and the dynamic job environment that it offers. “Like all good forwarders, I got into the freight business by chance – but then it got into my blood and I’ve never looked back,” says James Wheatley. Returning from an extended backpacking […]
Latin America lifted by e-commerce
Rates and yields have climbed in Latin America as imports soar, with freighters shifted elsewhere. Airports in Latin America are looking to beef up their cargo infrastructure. They need to boost capacity to cope with a surge in e-commerce that has swept into the region and is expected to continue to rise. RIOgaleao, the operator […]
Converted aircraft operators looking for freighter mileage
Risk averse freighter operators are seeking younger conversions, while overcapacity and passenger feedstock demand blight the market, according to aviation consultant Cirium. Age isn’t just a number in the freighter conversion business. In fact, every year matters when it comes to getting the most mileage for your money, highlighted Cirium in its November ‘The Freighter […]
VLCCs on notice as US crackdown on Iranian shipping steps up a gear
The US imposed sanctions yesterday on 35 entities and vessels accused of transporting illicit Iranian petroleum to foreign markets in a curtain raiser to potentially a far stricter attitude towards Iran come next month. One ship in particular singled out by the US has made headlines – the Ceres 1, a VLCC with a history […]
CMA CGM regains market leader position on the transpacific
CMA CGM has overhauled Maersk to become the largest carrier on the transpacific. Citing data from a survey carried throughout November, Alphaliner has tallied Maersk’s transpacific market share, which is now slightly lower than the same month in 2023 at 13.1%, while its French competitor has 13.2%. COSCO follows a close third with 12.9% (see […]