STAT Times Newsletter November 06, 2024

STAT Times Newsletter November 06, 2024

Stonepeak to buy ATSG for $3.1 billion

ATSG, a leader in medium widebody freighter leasing, air transport operations and support services, has agreed to be acquired by Stonepeak for an enterprise value of $3.1 billion. Read More...

Atlas Air CEO Michael Steen joins IATA Board of Governors

Michael Steen will help shape industry standards, influence aviation policy, and advance initiatives supporting global connectivity and a safe, secure, and sustainable aviation sector. Read More...

Trump win & supply chain "pull forward"

With Donald Trump's return to the White House, supply chain professionals are analysing the potential impact of his proposals on the industry. Read More...

Collaboration and Carbon Footprint Reduction

Lufthansa Cargo increases Frankfurt-Chennai flight

Lufthansa Cargo is increasing its weekly freighter capacity to Mumbai by one flight per week. Chennai will be served twice in combination with Hyderabad and Mumbai. Read More...

Antonov Airlines transports ESA's ‘Hera’ spacecraft to the US

The spacecraft, launched earlier this month aboard a SpaceX Falcon 9 launch vehicle, will analyse the outcomes of the Double Asteroid Redirection Test (DART) impact. Read More...

ANA Cargo opens largest cargo building at Narita Airport

Spanning 61,000m², the new facility will launch operations equipped with advanced technologies, with approximately 38,000m² dedicated to warehouse space. Read More...

DHL Q3 revenue up 6%, net profit down 7%

In the first nine months of 2024, the Group reported revenue of €61.5 billion and operating profit of €4 billion. Read More...

SpeedX founder acquires AGS, targets $1B supply chain empire

The combined entity is expected to report revenues of over $500 million in 2024. SpeedX and AGS will operate as separate entities under their existing brands. Read More...

Qatar Airways Cargo onboards Eric Wilson as SVP Cargo Sales

Eric Wilson has three decades of experience in air cargo, spending most of his time with US carriers United Airlines and Delta Air Lines. Read More...

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