Lufthansa Technik and the Commonwealth of Puerto Rico have announced an agreement to create an aviation maintenance, repair and overhaul (MRO) facility to service short-haul and medium-haul aircraft.
Descartes Systems Group, a provider of information systems technology for logistics, has acquired Computer Management USA, a U.S.-based specialist in security filing and air-cargo management services for airlines and their partners.
Hamburg Airport has begun construction on its new Hamburg Airport Cargo Center (HACC). Modern facilities on Weg beim Jaeger will replace the existing air cargo center. The new facility will be 60,000 square meters (645,834 square feet) and will open in summer 2015.
The International Air Transport Association (IATA) released data for global airfreight markets in February showing a 2.9 percent increase in demand compared to February 2013. The first two months of 2014 have seen an overall 3.6 percent improvement in demand over the previous year. This continues the strengthening in cargo markets which began in the second half of 2013.
The airfreight operations of Emirates Airlines is on track for its move to Dubai World Central (DWC) with the first phase of the building being finished.
Top U.S. airports are engaged in a fight for a larger share of the challenged U.S. air cargo market, according to JLL's annual Airport Outlook Report. With world trade growing faster than demand for air cargo, both airports and air carriers face a significant challenge – how can they attract airfreight and fend off competition from other cheaper modes of transport such as intermodal and trucks?
Companies operating in Indonesia may spend as much as $160bn to move goods, materials and merchandise to and from Southeast Asia's largest economy this year, according to Frost & Sullivan, an industry tracker.
