Frankfurt freight disappoints

Frankfurt’s airport operator Fraport’s airfreight and airmail tonnage dropped by 2.4 per cent year-on-year to around 500,000 tonnes in the first quarter of 2015. However, the group as a whole recorded “noticeable growth” in revenue, which rose 10.8 per cent to €575.9 million.  Contributing factors included growth in traffic and fees, consolidation of two new...

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Mideast carriers see freight volumes up 12.7pc

Middle Eastern airlines saw a continued robust expansion of demand in June with freight volumes growing by 12.7 per cent year-on-year, said a report released by the International Air Transport Association (Iata). The consistent high growth in recent years, as the region’s carriers take advantage of the geographical position of the Middle East, has led to a substantial...

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Stricter cargo security in U.S. to cost airlines NIS 10m a year

The new measures, which include more scanning, might usher an increase of the maximum prices for flying shipments or the introduction of a security fee on exporters. The price for sending air freight overseas could soon rise due to stricter U.S. security demands that could halt flights to the United States if not carried out. The companies affected would be El Al Israel Airlines, United Airlines, Delta Air Lines and US Airways. source: http://www.haaretz.com/business/.premium-1.5384...

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Giant Logistics Group Falls Foul of Freight Forwarding Ownership Law

FedEx Proposes to Continue Operations Despite Being Ruled Out of Public Utility Contract  PHILIPPINES – When the judiciary comes up against state in virtually any country, casual observers can often sit back and enjoy the ensuing row. After effectively being kicked out of the country this week when a Court ruled that its government-issued freight forwarding licence...

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China Southern begins Guangzhou-Frankfurt freighter service

China Southern Airlines launched its third scheduled freighter service from Guangzhou to Europe. The new service to Frankfurt operates three times a week using a Boeing 777-200F. Flights depart every Monday, Wednesday and Friday. The Guangzhou-Frankfurt-Guangzhou service will provide 270 tonnes capacity per week. The import and export cargo between China and Germany...

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