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One belt, one road… and one sky?

One belt, one road… and one sky?

June 27, 2016 at 10:33 am 0 comments

Last week, Andrzej Duda, and Xi Jinping the presidents of Poland and China, signed a bilateral trade agreement just as an inbound freight train from Western China rolled into Warsaw. However, although the Chinese Government’s “One Belt, One Road” initiative seeks foremost to reestablish historic overland and maritime routes betweenRead More

BREXIT

BREXIT

June 24, 2016 at 10:42 am 0 comments

The votes have been counted. In yesterday’s referendum on the UK’s future in the European Union, 52% of voters said “Leave” while 48% said “Remain.” The world’s financial markets, and Britain’s political landscape, shuddered in response. Stock markets dived worldwide. Oil prices plunged while the price of gold soared. TheRead More

EFW becomes Diamond Sponsor of Cargo Facts Symposium 2016

EFW becomes Diamond Sponsor of Cargo Facts Symposium 2016

June 23, 2016 at 4:04 pm 0 comments

Freighter conversion specialist EFW has signed on as a Diamond Sponsor at this year’s Cargo Facts Symposium. Cargo Facts will take place 10 – 12 October at the Mandarin Oriental Hotel in Miami. EFW, a joint venture of Airbus and ST Aerospace, has a long history in the aircraft modificationRead More

Day of reckoning for Europe

Day of reckoning for Europe

June 23, 2016 at 10:27 am 0 comments

Today, citizens of the United Kingdom are voting on whether to remain in the European Union, or leave. The vote is the result of a referendum called by Prime Minister David Cameron, and both the “Remain” and “Leave” campaigns have (like political campaigns in other parts of Europe and inRead More

An all-cargo airline for Tunisia?

An all-cargo airline for Tunisia?

June 23, 2016 at 10:22 am 0 comments

A new cargo airline will soon be taking off from Enfidha’s Hammamet International Airport located 100km south of Tunisia’s capital city, Tunis. Express Air Cargo’s CEO, Anis Riahi confirmed to Cargo Facts his airline is preparing to commence operations in August, with an initial fleet consisting of two freighter-converted 737Read More

FedEx bridges the GAAP

FedEx bridges the GAAP

June 22, 2016 at 10:57 am 0 comments

FedEx reported a net loss of $70 million in the fourth quarter of its recently completed 2016 fiscal year. Or perhaps a net profit of $897 million. As is increasingly the case, not just with FedEx, but with many companies in the air freight and express industry, the gap betweenRead More

Volga-Dnepr to firm up 747-8F orders?

Volga-Dnepr to firm up 747-8F orders?

June 21, 2016 at 10:58 am 0 comments

November may be the peak season for air freight, but July is the peak season for freighter aircraft orders. The big European air show that takes place every year in July (alternating between Paris and Farnborough) has long been used as a venue for showcasing major aircraft orders. Last year,Read More

AirBridge steals the show in May

AirBridge steals the show in May

June 20, 2016 at 10:34 am 0 comments

While many of the world’s major cargo carriers and airports reported lackluster results in May, a quick glance at the chart at right shows that one carrier – Russia’s AirBridgeCargo Airlines – continued its standout performance of recent years, with strong double-digit gains. But, given the gloomy results reported byRead More