Southern Air files for Chapter 11 protection

US-based all-cargo ACMI and charter operator Southern Air Holdings filed a petition for Chapter 11 protection while it restructures its debt obligations. The very short version of the story, in Southern’s words, is that “Currently, the Debtors do not have sufficient funds with which to operate their businesses on a going forward basis.” The full […]

Lufthansa Cargo – 2nd Air Cargo Innovation Challenge

The Air Cargo Innovation Challenge is back again for another round and we very much embrace the participation of blogs and their followers. Lufthansa is the first cargo carrier worldwide to offer a platform where everyone – no matter where they live – is invited to develop and present their innovative ideas. The very best […]

Chapman Freeborn continues to expand market presence

As the first and only air charter broker with an established presence spanning six continents, the world’s leading aircraft charter broker Chapman Freeborn continues to expand its global market presence.   Increased business activities in Scandinavia Chapman Freeborn has expanded its activities in Scandinavia by opening a new sales office in Sweden.   Christian Stridsberg […]

Lufthansa Cargo wants to give you a free trip to Frankfurt — Again!

Last year Lufthansa Cargo held what it called “The Air Cargo Innovation Challenge,” in which it asked for new and interesting air cargo ideas, with an all-expenses-paid trip to Frankfurt and flight training with a Lufthansa Cargo pilot as the first prize. This year, they’re doing it again, with the additional incentive that three winners […]

FedEx provides a few clues about its cost-savings plans

FedEx today released financial and operating results for its fiscal first quarter (ended 31 August). As expected, total revenue was up a bit (2.6%), while net income was down a bit (1.1%), as strong gains in the company’s Ground and Freight Segments were not sufficient to overcome the difficulties faced by the Express Segment.  We […]

Airbridge Cargo’s acquisition of Air Cargo Germany appears to be paying off.

AirBridge Cargo (ABC), the scheduled-service subsidiary of Moscow-based Volga-Dnepr Group is following through on its acquisition of a 49% stake in Air Cargo Germany (ACG) earlier this year in a big way. How big?  Double Jumbo big, as AirBridge will transfer two of its 747-400ERFs to Frankfurt (Hahn)-based ACG. This expands a partnership (or thinly-disguised […]
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