Logistics and air cargo business Kuehne + Nagel has announced Vesna Nevisitic will stand for election for the board of directors at the company's annual general meeting in May, as Renato Fassbind steps down. Nevistic was a partner at McKinsey and a managing director...
MRO News Archive
Maintenance, repair and overhaul news from around the world
IAG Cargo to charge for paper waybills
International Airlines Group (IAG) Cargo will from April 3 charge customers £10 for using paper air waybills while keeping digital equivalents free of charge. The use of paper documents has led to around 7,800 tonnes, or the equivalent to 80 Boeing 747s full of paper...
ATSG pilots say record profit should mean better pay
Pilots with the Air Transport Services Group (ATSG)-owned Air Transport International (ATI) have called on the company to offer them a "next level contract" after last week reporting a record profit in 2022, with earnings per share up 42%. "It is imperative that we...
Suid Cargo Airlines, South Africa’s Cargo start-up to begin operations from Q2, 2023
Suid Cargo Airlines, South Africa’s newest Cargo Airline, will begin non-scheduled flights from its hub at OR Tambo International Airport in the second quarter of 2023 utilising a leased Boeing 727-200F from Kenya’s Astral Aviation, in addition to Astral’s Boeing...
ATSG reports revenue increase in 2022
US lessor and cargo carrier Air Transport Services Group (ATSG) has reported $2bn in revenue for 2022, up 18% on 2021, with $533 million coming in the fourth quarter (Q4 2022). Pretax earnings were $65 million for Q4 and $263 million for the year, ATSG said, with...
Kuehne+Nagel to start flying to Birmingham, Alabama
Logistics business Kuehne+Nagel and the Birmingham Airport Authority have announced a partnership they say "will expand business opportunities for both the company and the region". "This is the first time the BAA is partnering with a logistics company and the first...
Cathay Pacific rebrands its cargo entity as Cathay Cargo
Cathay Pacific has rebranded its cargo business as Cathay Cargo aligning with the airline’s overarching brand redesign. The airline claims that the new brand name reinforces the existing strong brand association and perceptions held by its customers Group chief...
Atlas reports revenue increase in 2022
Atlas Air has reported net income of $355.9 million ($10.53 per diluted share), adjusted net income of $418 million (or $14.23 per diluted share) and earnings [EBIDTA] of $899.2 million for 2022, with the fourth quarter (Q4 2022) equivalents coming in at $126 million,...
FedEx pilots to vote on strike
The FedEx Express master executive council of the Air Line Pilots Association, International (ALPA) has unanimously backed the union's pilots holding a strike authorisation vote. The vote decision comes after contract negotiations between the pilots and FedEx...
FedEx and MAC in Florida air courier first
FedEx and Mountain Air Cargo (MAC) have announced the world's first C408 SkyCourier route in Florida. The first connection was between Tallahassee and Orlando and was flown by MAC captain Samantha Szefler. “I couldn’t have been more thrilled to have piloted the...
Asia Cargo Network and MENA aerospace launch commercial operations from Bahrain
Asia Cargo Network (ACN) group and MENA aerospace (MEA) have kick started their operations from Bahrain. The ACN-MEA strategic partnership deployed two units of 737-300F aircraft that are currently in operations across the MENA continents. On this occasion, Iman...
SAS announces SAF business travel deal with DSV
Scandinavian Airlines (SAS) has announced that freight company client DSV will buy sustainable aviation fuel (SAF) for all its corporate travel with the carrier in 2023. "Since Covid, we have been able to reduce our amount of business air travel, but being a global...