Newsletter - 24th September 2019

Daily News Updates / 24th September 2019

Airlines
Atlas Air Worldwide to Expand in New York Company Renews and Extends Headquarters Lease; Will Create Additional Jobs Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced the renewal and extension of its co... READ MORE

Airlines
Saudia Cargo awards Multi- Station contract to WFS in Europe and the United States to Handle more than 160,000 Tonnes of Cargo Per Annum Worldwide Flight Services (WFS), the world’s largest air cargo handler, has been awarded a substantial multi-station cargo handling contract by Saudia Cargo covering major air... READ MORE

People
Kerry Logistics Appoints John Parkes as Managing Director – Integrated Logistics Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) has appointed John Parkes as its Managing Director – Integrated Logistics, with effect immedia... READ MORE

Logistics
Kerry Logistics Records a 194% Surge in profit Attributable to Shareholders to the record high of HK$2,790 Million Kerry Logistics Network Limited (‘Kerry Logistics’ or together with its subsidiaries, the ‘Group’; Stock Code 0636.HK) recently announced the Group’s interim result... READ MORE

Airlines
Yamaha Motors picks Kenya’s Astral Aerial to promote use of its Helicopter drones in Kenya Astral Aerial Solutions, an affiliate of Astral Aviation, has sealed a deal with Japanese drone manufacturer Yamaha Motor Company to provide last mile air cargo delivery... READ MORE

Airports
Mid-year figures at Amsterdam Airport Schiphol show cargo volume decrease Amsterdam Airport Schiphol (AAS) has announced total cargo volume decreased by 9.2 per cent to 767,519 tonnes, compared with 2018, but total belly cargo volume increased by 0.9 ... READ MORE

Technology
TIGERS expands services with renewable energy vertical in Sough Africa Tigers created the renewable energy vertical in response to increased demand for solar panels in South Africa and is expecting further growth in the market Tigers South Africa ... READ MORE

People
Emirates announces new executive leadership appointments Emirates has announced new executive leadership appointments for its operational, commercial and international affairs functions. Adel Al Redha is appointed Chief Operating Office... READ MORE

Logistics
Canada to invest C$50m in air freight and logistics at Mirabel Canadian minister of transport Marc Garneau has announced an investment of $50 million to improve air freight and logistics at the International Aerocity of Mirabel. The move... READ MORE

Associations
Trade War Impacting Air Freight Demand The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), contracted by 3.2... READ MORE

Freight Forwarders
Rhenus Logistics acquires PSL Group Leading international forwarder, Rhenus Logistics has acquired European road freight specialists, PSL Group, in a move that further strengthens Rhenus’ offering. With a head ... READ MORE

Airlines
Globe Air Cargo Turkey signs exclusivity contract with EgyptAir Cargo Globe Air Cargo Turkey (GAC TR), a Turkish subsidiary of the ECS Group, has signed an exclusivity contract with EgyptAir Cargo. From September, GAC TR will market the airline’... READ MORE