Lufthansa Cargo will charge €12 for processing paper-based air waybills (AWB), a fee to be implemented on April 2, which may be increased in October after the introductory phase has had time to take effect. The fine is avoidable for customers who will opt to use its e-air waybills, which the
Mercedes overtakes Toyota as most valuable car brand in influential study
Mercedes-Benz is now the most valuable automotive brand in the world. That's according to the latest study conducted by Brand Finance. The German automaker edged out Toyota and bested rival BMW for the top spot on this list. Brand Finance says that Mercedes managed an impressive 24 percent year-over-year growth in its brand
Hungary’s largest airport establishing itself as a regional air freight hub
Budapest eyes larger regional freight role after record 2017 Hungary’s largest airport is establishing itself as a regional air freight hub, handling 127,145 tonnes of cargo in 2017. Starting this year, two carriers plan to operate flights to the U.S. from Budapest Airport (BUD), and next year, the airport will open
Med-View Airline Records 62% Profit Growth, to Pay Second Dividend
Med-View Airline Plc, the only airline listed on the Nigerian Stock Exchange (NSE), is set to pay shareholders second dividend since becoming quoted on the exchange. This follows the company’s improved performance for the year ended December 31, 2017. According to the audited results of the company released last week, revenue grew by 41
Seaport of NY/NJ growth continues in January
Qatar Airways responds to blockade by Middle Eastern neighbors by adding new routes
Arrival of Qatar Airways Airbus s- 1000 at Doha airport. Pic: Abdul Basit Akbar Al Baker, chief executive of Qatar Airways, has never shied away from a fight. When Delta, United and American Airlines accused the Doha-based carrier in 2016 of competing unfairly by accepting subsidies from its oil-rich government owners, Al
Deutsche Post drives up revenues in all divisions in 2017
The German mail and logistics company posted revenues of 60.4 billion euros for the year, rising 5.4 percent from 2016, despite encountering headwinds from currency effects. Deutsche Post DHL Group recorded a consolidated net profit after non-controlling interests of 2.7 billion euros (U.S. $3.3 billion) in 2017, inching up 2.8 percent
Britain funds export of CSeries jets in aftermath of trade row
FILE PHOTO: A Bombardier C-Series aircraft is displayed at the Singapore Airshow at Changi Exhibition Center February 18, 2016. REUTERS/Edgar Su/File Photo Britain has thrown financial support for the first time behind exports of Bombardier CSeries jets part-built by Northern Ireland workers caught up in a recent trade row. Export credit agency UK
Brussels Airport responds to increased cargo demand with facility expansion
The recent surge in demand for air cargo services is putting the squeeze on Brussels Airport (BRU), so it is investing €100 million in expanding its cargo facilities. The expansion of the cargo processing area, called BRUcargo, is part of a continuing effort to accommodate freight forwarders, like Kuehne + Nagel,
Cargolux to operate Nippon Cargo flight from Luxembourg to Narita Japan
Nippon Cargo Airlines (NCA) said it will commence use of capacity on Cargolux’s 747-400F and 747-8F aircraft, which fly weekly between Luxembourg (LUX) and Narita (NRT). This cooperation was initially publicized at the tail end of 2017 and is set to begin on March 27. NCA has outsourced some of its routes