• LATE NEWS: HACTL inks deal with Hong Kong Express

    Hong Kong Air Cargo Terminals Limited (Hactl) has signed an agreement with Hong Kong Express Airways under which it will become its service provider at the Hong Kong International Airport. The services provided by Hactl to Hong Kong Express...... Read More
  • AMERICA: World acquired by Global Aero Logistics

    World Air Holdings, parent company to World Airways and North American Airlines has entered into an agreement to be acquired by Global Aero Logistics for US$315m in an allcash transaction. MatlinPatterson Global Opportunities Partners II is the majority shareholder...... Read More
  • Jade disappointment for Jettainer

    Chinese Customs regulations have prevented container management company Jettainer adding Jade Cargo International to its client list, leaving it to look in other markets for its first Asian customer. “The problem is that China has very specific rules about...... Read More
  • RUSSIA: EMEX expands express network

    Russian express company EMEX has announced major expansion plans to extend its network and offer new services. It aims to double turnover this year and in 2008. EMEX will open a new branch in Novosibirsk, its 25th office, and...... Read More
  • INDONESIA: Garuda focuses on restructuring

    Amidst mounting pressure of employees for a management reshuffle, the president director of flag carrier Garuda Indonesia, Emirsyah Satar said he will let the newly appointed minister of State Owned Enterprises (SOE), Sofyan Djalil handle the case. “It is...... Read More
  • CHINA: Jade Cargo adds Frankfurt, Houston

    China’s all-cargo carrier Jade Cargo International has added three weekly Frankfurt frequencies to its network of European destinations. Jade Cargo’s fourth B747-400ERF was delivered at the end of May 2007 and put into service on a two-way non-stop servicebetween...... Read More
  • CHINA: UPS to increase capacity to Shanghai

    UPS, which is scheduled to open its new hub in Shanghai next year, will increase cargo capacity to the Chinese city by switching its planes from the MD-11s in current service to Boeing 747-400s. The new hub will be...... Read More
  • Liwa Air Cargo

    Robert Strödel, the former CEO of Dubai-based air freight carrier Liwa Air Cargo, has left the carrier with immediate effect following the decision by the group of private Arabian owners to sell their stakes in Liwa to an undisclosed...... Read More
  • US airports need to spend $87b

    Airports in the US need to spend more than $87 billion for infrastructure and other improvements by 2011 to accommodate increasing passenger and air-cargo demand, according to a study by the Airports Council International North America. In a statement,...... Read More