STAT Times Newsletter February 23, 2023
Thomas Honiball, Accountable Manager and CEO, announced at the Air Cargo Africa 2023 event in Johannesburg that it plans to buy more freighters in 2024, including narrow body freighters such as the Airbus 320F or Boeing 737-800F, as well as Embraer 190 Freighters in 2025. Read More
Sharon Vaz-Arab, a part of Chapman Freeborn's new regional management team, is leading the development of the charter broker's Africa product offering, which includes cargo charter, live animal (AVI), and on-board courier (OBC) products, as the charter broker looks to expand its footprint beyond South Africa and into Sub-Saharan Africa in 2023. Read More
“As part of its growth strategy, ACN invested $135 million USD to become the largest stakeholder in MAE Aircraft Management (MENA Aerospace's aircraft and management division) with a 49% stake during the 2022 Bahrain International Airshow,” said the official release from Bahrain Economic Development Board. Read More
"AFLS provides technology platforms to help airline and ocean transportation companies manage their freight operations and grow through digital transformation and innovation," says a release from IBS. Read More
Global average rates recovered slightly (+1 percent) in the two-week period whereas a slight decrease was observed last year. "Prices remain well below their level prior to Lunar New Year (-7 percent), similar to last year’s trend." Read More
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By combining ANA's extensive global network with the Opticooler's exceptional reliability and safety, Japan's rapidly expanding pharma and biotech industries receive more crucial and life-saving access to secure cold chains. Read More
“The partnership with Neste, the world's leading producer of SAF, reaffirms our progress in reducing our carbon emissions intensity, which is already one of the lowest in the world,” said Ian Malin, Executive Vice President and Group Chief Financial Officer, Wizz Air. Read More
The fund starts with more than $100 million in investments from United and its inaugural partners Air Canada, Boeing, GE Aerospace, JPMorgan Chase, and Honeywell. Read More
"Started as a project two years ago and accelerated with the CargoTech partnership, this groundbreaking payment solution is revolutionising the way the air cargo is booked and is now finally released to all freight forwarders, following months of successful testing," says the release. Read More
We believe in an air cargo digital democracy, and by offering an open access version of our CargoBooking platform, we can help drive that transformation to the benefit of all players in the industry,” Tristan Koch, Chief Commercial Officer, Awery told delegates at the Air Cargo Africa conference in Johannesburg, South Africa. Read More