HNA Group buys Hahn Airport

The German state of Rhineland-Palatinate sold its 82.5% stake in Hahn Airport (HHN) to China’s aviation and travel conglomerate HNA Group for €15.1 million. According to a report in CargoForwarder, the financial transaction has been completed, and the final contract will be signed on 1 March. The fate of the remaining 17.5% stake, currently held by […]
  • David Harris
  • February 27, 2017

Cargo growth disappears in the Middle East

Abu Dhabi-based Etihad Airways reported 2016 cargo volume unchanged from 2015 at 593,000 tonnes. This is in stark contrast to the incredible growth Etihad has reported in previous years, but right in line with what is happening in neighboring Dubai, where Emirates is reporting a similar halt to growth. In the five years from 2009 […]
  • David Harris
  • February 9, 2017

New faces in high places

This week brings three big executive suite changes, two directly in the air freight world (including David Bronczek’s promotion to President of FedEx Corp), and one very close to it. We’ll start with the latter: Etihad Airways: Abu Dhabi-based Etihad Airways confirmed today that, as part of a major shake-up, James Hogan will step down […]
  • David Harris
  • January 24, 2017

New agreement between Etihad and Lufthansa

Etihad Airways and Lufthansa finalized a codeshare agreement, set to begin this month (subject to government approval). The agreement signals a strategic cooperation between two former, and often bitter, rivals. Although initially restricted to the carriers’ passenger operations, the deal may foreshadow future cargo developments. The German carrier will begin putting its LH code on […]
  • David Harris
  • January 6, 2017

Qatar targets Americas for expansion

Qatar Airways Cargo will begin serving four new destinations with its 777Fs, beginning in February 2017. New destinations in South America include Buenos Aires, São Paulo and Quito. The twice-weekly flights from the carrier’s Doha hub reach the South American cities via Luxembourg. On the return leg, the freighters will stop in another new destination, […]
  • David Harris
  • December 20, 2016

Etihad SVP Cargo David Kerr joins Cargo Facts speaker faculty

The air freight and express industry has changed dramatically in the last few years, and more change is coming. Etihad Airways Cargo, under the leadership of Senior Vice President David Kerr, has not only survived the change, but embraced it and thrived, with cargo volume growing at double-digit rates every year.  We are pleased to […]
  • David Harris
  • August 31, 2016

Strong cargo growth at Emirates

United Arab Emirates-based carrier Emirates reported net profit up 56% to a record US$1.9 billion in its recently completed 2015/16 fiscal year, with a strong contribution from cargo operations. As has been the case with many airlines in a year of falling fuel surcharges, cargo revenue declined (down 9% to US$ 3.0 billion), but still accounted […]
  • David Harris
  • May 23, 2016

The freighter fleet moves east

Recent headlines have been full of “the death of freighters,” with the diminishing fleet of Air France-KLM and the eliminated fleet of IAG pointed out as  examples of how the big cargo players are exiting the main-deck freight business. So, belly cargo is the future, right? Not so fast! Last year at this time we […]
  • David Harris
  • July 20, 2015
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