John McCormick Joins Royal Media to Manage Content Production

NEW YORK, NY (October 10, 2018) — John McCormick, a seasoned content executive, has joined Royal Media as Editorial Director. McCormick comes to Royal from SourceMedia, where he had the same title for 10 years. He was also a long-time senior editor at Ziff Davis. As Royal’s Editorial Director, a newly created position, McCormick will […]
  • Caryn Livingston
  • October 15, 2018

ATSG adds 777 platform through Omni Air acquisition

Ohio-based Air Transport Services Group, Inc (ATSG) is acquiring Oklahoma-based Omni Air in a deal that will add thirteen additional aircraft to ATSG’s fleet, including the first three 777 aircraft in the aircraft leasing specialist’s portfolio. The cash price of the acquisition is listed at $845 million, and the deal is expected to close later […]
  • Caryn Livingston
  • October 2, 2018

Blue Dart expands network as industry preps for Indian e-commerce boom

Reflecting rising optimism in India as a burgeoning e-commerce market, and subsequent investment into the country’s logistics, air cargo, and e-commerce markets, Deutsche Post-DHL Group’s Blue Dart is pursuing a major expansion plan to expand its logistics network to connect every home in India. Blue Dart is the leading third-party logistics provider in India and […]
  • Caryn Livingston
  • September 24, 2018

How will FedEx beat back Amazon’s challenge? Here’s a hint

FedEx yesterday offered a glimpse at how the express company will fend off competition from Amazon, which continues to develop its own Amazon Air dedicated air network. The secret: infrastructure. David Cunningham, president and CEO of FedEx’s express business, said during a presentation before the Wings Club in New York yesterday that FedEx’s infrastructure gives […]
  • JJ Hornblass
  • September 14, 2018

Latin America industry leaders to address air freight challenges, opportunities

Speakers who will be appearing on a Latin America-focused panel at the upcoming Cargo Facts Symposium see much to be optimistic about in the region – especially e-commerce, which has been a boon globally for the air freight industry – but also acknowledge challenges, both ongoing and imminent, that could have a negative impact on […]
  • Caryn Livingston
  • September 11, 2018

New trade deal would shake up US-Mexico air freight flows

On 27 August, the United States and Mexico reached a preliminary trade deal that will affect the future of complex North American manufacturing supply chains. Under the current North American Free Trade Agreement (NAFTA), automobile manufacturing in North America has become increasingly integrated, accounting for about $135 billion in total trade between Canada, Mexico, and […]
  • Alan Hedge
  • September 10, 2018

Volga-Dnepr, Henan Province partner on Belt and Road initiative

Russia-based Volga-Dnepr Group signed an agreement with Henan Airport Group and Zhongyuan Asset Management to form a “trans-Siberian air bridge” as part of China’s Belt and Road initiative, aimed at redeveloping the ancient Silk Road route between Europe and Asia. The partnership will focus on the Zhengzhou Airport (CGO) and the Zhengzhou Airport Economic Comprehensive […]
  • Caryn Livingston
  • August 10, 2018

Cathay stays in the red, despite continued cargo strength

The Cathay Pacific Group reported a net loss of US$34 million in the first half of 2018, marking an improvement from 2017’s first half when the Hong Kong-based carrier reported a net loss of $261 million as its passenger business struggled to counter increasing competition from airlines based in mainland China. So far this year, […]
  • Caryn Livingston
  • August 8, 2018

DP-DHL 2Q results point to ongoing post, parcel pains

While Deutsche Post-DHL Group posted operating profit (EBIT) gains in the Express, Global Forwarding and Freight, and Supply Chain segments, a year-over-year decrease of 58.5% in second quarter EBIT for the Post-eCommerce-Parcel (PeP) division weighed on the Group’s overall EBIT for the quarter, which declined by 11.2% y-o-y to €747 million. The Group’s revenue increased […]
  • Caryn Livingston
  • August 7, 2018

EFW redelivers first A330-200P2F to EgyptAir Cargo

On 3 August, EgyptAir Cargo took redelivery of the first A330-200 passenger-to-freighter converted aircraft from EFW, the MRO and conversion joint venture of ST Aerospace Engineering and Airbus. EgyptAir initially signed on as EFW’s launch customer with an order for two of the converted freighters in late 2014 and has since confirmed an order for a third, […]
  • Caryn Livingston
  • August 6, 2018
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