Alex Lenanne

ASL and West Atlantic are raising cash

The front-runner to acquire TNT’s two airlines – in terms of market speculation, anyway – is Ireland’s ASL Aviation Group and its 51% shareholder, Compagnie Maritime Belge (CMB). So it comes as little surprise that ASL has completed a funding round, worth US$110m, for “growth plans.” While no one is talking much about their possible […]

At Cargolux, the battle never ends…

…or: “When is an agreement not an agreement?” Conflicting news and views out of Luxembourg this month. The existing Collective Work Agreement (CWA) between Cargolux and its pilots and ground crew expired at midnight on December 1. Negotiations continued, apparently, throughout the last day of November and into the night. The following day, the two […]

Qatar’s grand plan for cargo

The air cargo press was rounded up last month and sent to Doha, to see a shiny new US$1 billion cargo terminal and talk to Qatar Airways. Unusually (but then there is nothing “usual” about Akbar Al Baker) the airline’s CEO was the main speaker at the press conference, a spot normally reserved solely for the […]

A new partner for lonely ABC?

Russia’s Volga-Dnepr Group has been largely silent on plans for its newest offspring, UK-based startup carrier Cargologicair. The Russian parent company has no explicit documented ties to the new carrier, which sources say will start ACMI services by the end of the year. However, Cypriot businessman and president of Volga-Dnepr Group, Alexey Isaikin, is a […]

The uncertain future of the An-124.

There has been much speculation recently on the whereabouts of – and even the operators of – Russia’s An-124s. Former operator Polet, which was forced to file for bankruptcy last year and has repeatedly been in the Russian courts since, fighting various creditors, is reported to have at last been forced to give up its […]

Canadian lobsters help EU freighter operation fly

The companies behind a new freighter service between Toronto and Brussels have revealed they are ahead of their targets a month after the launch. At the end of May, KF Aerospace (formerly Kelowna Flightcraft) launched the four-times-per-week service between Toronto Pearson and Brussels, with a stop in Greater Moncton. It hopes to extend the service […]

All-cargo vs combination carriers

Europe’s combination carriers are having a miserable summer. While the difficulties at AF-KLM – which announced that it was to cut frequencies and routes and reconsider its aircraft orders while bringing forward cost-cutting plans – have been well-documented, airline sources say the market is hard for all the legacy carriers. A spokesman for Lufthansa Cargo […]
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