• Demand for air cargo up 8.2 percent y/y in October

    Air freight demand, measured in freight tonne kilometers (FTKs), rose 8.2 percent year-on-year in October, according to data released by The International Air Transport Association (IATA).
  • Another record breaking year for Budapest Airport as cargo volume exceeds 100,000 tonnes

    Hungarian gateway Budapest Airport expects to break annual record of cargo volume this year with more than 100,000 tonnes already handled between January and November.
  • LATAM Airlines to launch its longest non-stop flight ever between Santiago and Melbourne, Australia

    Latin America based carrier LATAM Airlines will operate a new, non-stop service between Santiago and Melbourne, Australia, from October 5, 2017.
  • India gives a strong start to IAG’s performance in the peak season

    IAG Cargo’s e-commerce prioritise from India has given it a very good start into the peak season.
  • IAG Cargo launches new Paris to New York route through OpenSkies

    IAG Cargo has launched the start of a new Paris Orly to Newark New Jersey route, its first ever direct cargo route between France and the USA.
Showing posts with label Aviation News. Show all posts
Showing posts with label Aviation News. Show all posts

Wednesday, September 8, 2021

GEODIS offers sustainable fuels for air and sea transport

 GEODIS offers sustainable fuels for air and sea transport



GEODIS is offering its customers to benefit from alternative fuel solutions in the air and at sea, all around the world. The objective is to contribute to the reduction of the CO2 emissions of their shipments.

“The development of biofuel is one of the strategic paths being pursued by GEODIS to meet the challenge of carbon neutrality. With these new solutions for air and sea freight, we offer our customers an additional way to decarbonize their entire supply chain,” says Marie-Christine Lombard, GEODIS Chief Executive Officer.

The aviation (Sustainable Aviation Fuel) and maritime (Sustainable Marine Fuel) fuels, derived from non-fossil sources, are produced using food and agricultural waste (mainly cooking oil). Their use allows for a massive reduction in CO2 emissions over the cycle from production to fuel consumption; at least 80 percent for air and 90 percent for sea transport, along with a reduction in other pollutants.

“Biofuels are currently the most effective way to significantly reduce the environmental footprint of transport activities,” says Philippe de Carne, GEODIS Executive Vice President Business Development, CSR and Innovation.

These alternative fuel sources are classified as ‘insetting’ or ‘integrated carbon reduction’ because they occur within the means of transport's own value chain, unlike conventional carbon offsetting, such as solar panels, wind turbines and tree plantations, which are not involved directly in the operational sphere.

“These ‘insetting’ solutions offer our customers the ability to directly impact the global carbon output linked to their shipments by reducing it significantly,” adds Philippe de Carne. Using a ‘Book and Claim’ approach, each customer can opt for a as high a level of contribution as they wish, covering up to 100 percent of the CO2 emitted by the transport of their shipment.”

Thursday, September 2, 2021

Aircraft lessor Griffin Global Asset Management orders five Boeing 737-8 Jets

 Aircraft lessor Griffin Global Asset Management orders five Boeing 737-8 Jets



Boeing and Griffin Global Asset Management’s aircraft lessor is expanding its commercial aircraft portfolio with five new 737-8 jets. The purchase is Griffin’s first direct order with Boeing as it sees strategic opportunities to place the airplanes during the market recovery.

“As market conditions rebound, we are finding opportunities to serve our airline customers in innovative ways. An important component of this strategy is providing balanced capacity that meets returning passenger demand. The 737-8 is well-positioned to support this objective, and this order lays a strong foundation for more to come with Boeing and Griffin on future opportunities,” said Ryan McKenna, founder and CEO of Griffin.

Designed and built in Renton, Washington, the 737 MAX family delivers superior efficiency, flexibility and reliability while reducing fuel use and carbon emissions by at least 14 percent compared to the airplanes they replace. 

"Griffin Global Asset Management is building a first-class aircraft leasing business, and we are delighted that they have selected the 737-8 for their single-aisle portfolio. As Griffin places its first direct order with Boeing, we welcome them to the 737 family and look forward to working with the team in the future," said Ihssane Mounir, Boeing senior vice president of Commercial Sales and Marketing.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing’s diverse team is committed to innovating for the future and living the company’s core values of safety, quality and integrity. 

Backed by Bain Capital Credit, Griffin provides commercial aircraft leasing and alternative asset management with offices in Dublin and Los Angeles. The team is staffed by experienced aviation professionals who work closely with airlines, aircraft manufacturers and investors to provide custom fleet solutions and innovative financing products to airlines around the world. 


Tuesday, August 31, 2021

Caribbean Airlines Cargo expands in China with Megacap Aviation Service

 Caribbean Airlines Cargo expands in China with Megacap Aviation Service



Caribbean Airlines Cargo will be expanding its footprint in China with Megacap S.A. Limited as its General Sales and Service Agent (GSSA), an aviation services company in China. The GSSA agreement has been effective from August 30. 

Through this partnership, Caribbean Airlines will facilitate cargo shipments from several cities in China to the Caribbean via Megacap’s six hubs including Beijing City Office, Beijing Airport Office, Guangzhou, Shanghai, Hong Kong and Dalian. 

Marklan Moseley, Caribbean Airlines general manager Cargo and New Business commenting on the partnership stated, “The appointment of Megacap comes at an opportune time, giving freight forwarders and shippers in China access to the Caribbean, with real-time, customized logistic solutions.” 

Allan Tam, CEO of Megacap S.A. Limited, “Megacap is proud to be the GSA of Caribbean Airlines.  Caribbean Airlines provides many niche destinations which can fulfill the current market vacuum in China; and our team is very excited about this cooperation.”  

Caribbean Airlines operates an all-cargo schedule of 14 weekly Boeing 767 flights. This service facilitates shipments between the carrier’s Miami hub and Trinidad, Kingston, Montego Bay, Guyana and Barbados. The airline also transports cargo in the belly hold of its Boeing 737 and ATR aircraft on select passenger routes between Trinidad and New York, Toronto, Barbados, St. Vincent, Grenada and St Lucia.  


Tuesday, August 17, 2021

Magma Aviation promotes Tom Helyar as Chief Strategy Officer

 Magma Aviation promotes Tom Helyar as Chief Strategy Officer



Magma Aviation, the innovative air cargo solutions company, has promoted Tom Helyar to Chief Strategy Officer. 

Tom Helyar, soon to celebrate 10 years at Magma Aviation joined the business in 2011 as financial controller, progressing to commercial manager and then general manager in 2015. Tom’s passion, experience and expert knowledge of the market and the Magma Aviation business has led him to this new role of Chief Strategy Officer.

In this role, Tom will take a more in-depth strategic position within the business, primarily focused on strategic leadership and operations. 

“The past 10 years has been both challenging and rewarding, and I am grateful that I have experienced the transitions that Magma Aviation has gone through” Tom says. “Joining when the business was an owner managed company, being part of the acquisition team when Magma Aviation joined the Chapman Freeborn Group, and then later becoming part of Avia Solutions Group, has given me real hands on experience, allowing me to develop leadership skills that take me into this new and exciting opportunity, and next stage of my career. 

Ross Wilson, Magma Aviation CEO comments, “Tom Helyar is a key and fundamental member of our team. This new role will help push Magma Aviation to go to the next level. Tom’s expertise, passion, and determination is what drives him to succeed. I have every faith that Tom will excel in this new role and I wish him every success.