Tag: Air Transport

FedEx Express Earns FAA Certification for Innovative Flight Safety System

Posted by | Jun 23, 2008 | |

FedEx Express has achieved a milestone in innovative flight safety technology with Federal Aviation Administration (FAA) certification of a new aircraft avionic system that dramatically improves situational awareness for pilots during takeoff and landing—the most critical part of any flight.

FedEx Express is the first major commercial carrier in the airline industry to receive a Supplemental Type Certificate from the FAA for the advanced system, authorizing its installation in the company’s fleet of Boeing MD-10 freighters. The company’s goal for the system is to improve the level of flight safety by increasing visibility of pilots during adverse weather conditions and darkness.

Upon activation of the system, pilots can significantly enhance visibility in poor weather —including darkness, smoke, smog, haze and other weather events—while simultaneously seeing critical flight data. This allows the captain to maintain a heads-up view of his surroundings, eliminating transition time normally needed to look down at cockpit primary flight information. The visual enhancement is similar to that created by infrared night-vision technology used in modern-day defense systems.

A unique application of Honeywell International “Head Up Display” (HUD) technology combined with infrared “Enhanced Flight Vision System” (EFVS) technology of Elbit Systems of America Commercial Aviation-Kollsman Business Unit, positions the system as the leader in the avionic visual technologies market.

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Azkar opens new office in Shanghai

Posted by | Jun 20, 2008 | |

The opening of Azkar Overseas new facilities, the subsidiary of Transportes Azkar, S.A., has been today in China specifically in Shanghai city. The act has been present, among others, Executive Vice President and CEO of Azkar, Jose Antonio Orozco, as well as the Mayor of Lugo, Jose Lopez Orozco, and Vice Chairman of the County Council, Lara Mendez, both were in a trade mission in China.

Azkar moves to another bigger facilities that it will be managed by a group of expert professionals fluent in Chinese, Spanish, Russian and English.

Azkar has the capacity to coordinate directly the providers with the suppliers of its customers in Asia, with China as the main point of origin, but without ruling out other countries of the Asia Southeast Region. The Company also offers high-performance logistics services for storage, order preparation (including kitting, assembly, mounting, etc), mercahandise control and distribution, as part of the integral service.

In this manner, AZKAR offers its customers a powerful international network for the management of imports and exports of goods, from any origin or destination in the world outside Europe, through Azkar Overseas, as in Europe traffic through Azkar Bisa International, or at the Iberian Peninsula and islands. The company has 73 facilities in Spain and Portugal, more than 500,000 m2 built on more than 1 million m2 of land, 5,000 employees and a fleet of 2,400 trucks.

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DHL deal with UPS faces scrutiny from American Postal Workers Union

Posted by | Jun 6, 2008 | |

Deutsche Post World Net’s plans to restructure its DHL US Express business, announced last week, have come under scrutiny from the American Postal Workers Union and other lawmakers.

The transport and logistics company working towards a contract with UPS to provide airlift for its domestic and international shipments in North America. In the proposed agreement DHL will no longer use air carriers ABX and ASTAR. The two air carriers stand to lose as many as 8,200 jobs at the Wilmington Air Park.

“[An employee strike is] not something we’re anticipating,” said Jonathan Baker, a spokesperson for DHL. “We’re working closely with all of our partners to continue services and we have received assurances from both companies that they will continue to operate without any impact to the business.” ASTAR forwarded inquiries to DHL.

However, Baker went on to say that DHL may not be pulling out of Wilmington completely. “We will be transitioning the domestic air volume to UPS, which we believe will expect greater reliability,” he said, “but we will have a continuing need for operations at the DHL air park in Wilmington.”

He explains, “[The park] not only serves as a domestic air volume sorting facility but also handles ground volume and clears and sorts our international package volume. There is no decision yet as to where those operations will be located. It’s possible they will continue in Wilmington.”

In total, this plan could cost upwards of USD 2 billion. DHL said it would decrease its infrastructure network in the US by 30% and reduce its ground linehaul network by 18%. Pickup and delivery routes will decrease 17%.

According to UPS the agreement, when finalized, will provide the company with USD 1 billion in additional revenue.

DHL plans to cut its 40,000-stong staff by 4%.

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Poste Italiane flagged as Alitalia vehicle

Posted by | May 22, 2008 | |

Italy’s state-owned mail group Poste Italiane is again being flagged as a possible vehicle to rescue the ailing Alitalia, this time as part of a consortium.

Poste Italiane relies on 16 daily flights, some operated by Alitalia, to transport its mail and Italian media have already carried stories indicating it might be interested in the airline’s cargo business. Poste already operates its own cargo carrier, Mistral Air.

Poste’s CEO Massimo Sarmi cautioned that he has not yet been approached to join the proposed group.

He stressed that any decision to pick up pieces of the cargo business or to be part of a consortium would be based on business considerations.

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ABX Holdings reports first quarter results

Posted by | May 12, 2008 | |

ABX Holdings, Inc. reported first-quarter net earnings of USD 3.8 million, or USD 0.06 per common share, on strong revenue growth to USD 382.1 million, driven both by its acquired airline and air services businesses and its expanded charter fleet of Boeing 767 freighters. In the first quarter of 2007, ABX Holdings earned USD 4.3 million, or USD 0.07 per share, on revenues of USD 288.1 million.
ABX Holdings acquired the businesses of Cargo Holdings International (CHI) at the end of last year. The principal businesses of CHI include two independently certificated airlines, Air Transport International (ATI) and Capital Cargo International Airlines (CCIA), and a leasing company, Cargo Aircraft Management (CAM). Collectively, the CHI businesses contributed approximately USD 75.4 million, or 80pct of the year-over-year increase in ABX Holdings’ first-quarter consolidated revenues. Growth in ABX Air’s businesses, principally its air charter operations, provided the remainder of the revenue gain. The CHI businesses also contributed approximately USD 1.7 million in net earnings during the quarter, net of acquisition-related interest expense.
ABX Holdings’ pre-tax earnings declined to USD 6.2 million in the first quarter from USD 6.9 million a year ago. The decline principally reflects a USD 4.6 million increase in net interest expense associated with financing of acquired businesses and additional aircraft. EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) increased 78pct to USD 36.8 million in the first quarter, compared with USD 20.7 million in the year-earlier period (see Reconciliation of EBITDA to GAAP Net Earnings at the end of this release). EBITDA is a non-GAAP measure of financial performance that management believes better reflects the cash-generating performance of asset-intensive, financially leveraged businesses such as ABX Holdings.

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