Earlier this week, DHL Express and Boeing announced the German shipping giant’s purchase of eight 777F aircraft. The announcement of the purchase follows an order for 14 Boeing 777F cargo jets that was made by DHL back in 2018. Ten of those 14 aircraft have already been delivered to DHL. "DHL operates a powerful, international network that has taken great advantage of the 777 Freighter’s world-class range and efficiency for more than a decade," Boeing Commercial Sales and Marketing Senior…
In a press release on Tuesday, Cargojet announced a $275 million equity offering aimed at growing the airline's cargo operations. A syndicate of underwriters has agreed to purchase 1,642,000 common voting and/or variable voting shares for C$213.25 per share. With the new offering, along with the over-allotment option provided by…
The travel demand slump in the airline industry is continuing into the new year as a result of the COVID-19 crisis. While airlines observe a slight rise due to the holiday season, the gains are small, marginal and temporary. Air travel demand levels are not expected to return to pre-COVID-19…
Kenya Airways (KQ), through its cargo arm KQ Cargo, has unveiled its ultra-modern pharma facility at its main hub in Nairobi's Jomo Kenyatta International Airport (JKIA). The Kenya Cargo team is preparing for this critical logistical role in transporting the coronavirus vaccine once approved with the facility having the capabilities…
Alaska — known for its rugged wilderness and mountainous terrain — has vast swaths of uninhabited land yet still largely disconnected from the rest of the state and country. However, underneath all of the jagged peaks and wooded forests lie many populated yet remote communities, many of which cities lie…
Weeks after taking delivery of a Boeing 767-200 freighter from the Air Transport Services Group (ATSG) with a five-year lease, Nairobi-based cargo airline Astral Aviation now says it is ready for the distribution of recently discovered COVID-19 vaccines during its forthcoming distribution across its scheduled network of 15 destinations within…
Effective Nov. 9, Ethiopian Cargo and Logistics Services, the largest cargo network operator in Africa, began Trans-Pacific routes that extends from Seoul's Incheon International Airport in South Korea to Atlanta, United States via Anchorage, Alaska's largest city. Ethiopian, offerings remarkable freight services worldwide with reduced flight hours, seamless connectivity and…
After two years of work, a new 251,000 square foot FedEx Express complex with nine wide-body aircraft gates, 14 feeder aircraft gates and 18 truck docks has opened at Ontario International Airport in Ontario, Calif. The airport is located about 35 miles from downtown Los Angeles. The new space on…
Earlier this week, Emirates SkyCargo announced that it has started utilizing the Airbus A380 for select cargo charter operations. According to the carrier, the dedicated cargo operations using the A380 comes in response to increased demand for air cargo capacity to transport critical goods, such as medical supplies needed as…
The International Air Transport Association (IATA) released September data for global air freight markets showing that air cargo demand, while strengthening, remains depressed compared to 2019 levels. However, African airlines saw demand increase by 9.7% year-over-year in September. African airlines led the international CTK growth chart for another month, recording…
