Lufthansa Cargo has finalised an order for five Boeing 777 Freighters, in a deal reportedly worth US$1.35 billion at Boeing list prices. Confirming the airline’s announcement of its intention to order the aircraft in March 2011, Lufthansa Cargo chairman and CEO Karl Ulrich Garnadt, cited the 777 freighter’s “fuel efficiency” and small noise footprint as key
Qantas and Australia Post have announced a restructuring of their joint venture businesses, Australian air Express and Star Track Express. To be rolled out over the next 12 months, the changes will see the merger of the retail divisions of Australian air Express (AaE) and Star Track Express, including AaE’s express sales, customer service and
Qantas Freight is reportedly considering a plan to lease a small number of Boeing 747-8F or 777F freighters, in an agreement likely to be announced in coming months, according to Air Transport Intelligence (ATI). Qantas Freight currently wet-leases three 747-400F freighters from Atlas Air, with a Qantas spokesman telling ATI that the airline is “always
Joint venture partners Qantas and Australia Post have appointed current Qantas Freight head Stephen Cleary as new CEO for their freight business, Star Track Express. Cleary, who has more than 20 years’ experience in the commercial freight, distribution and logistics industries, will begin his new role from May 1. Cleary has been with Qantas for
Qantas has announced a settlement with the New Zealand Commerce Commission (NZCC) in relation to price fixing activities within its freight division between 2000 and 2006. While Qantas hasn’t specified the exact terms of the settlement, both parties agreed to recommend to the New Zealand High Court that the airline pays a fine of NZ$6.5
Qantas has agreed to pay a US$26.5 million settlement to resolve its liability under a US class action brought against a number of airlines for their participation in an air freight cartel. “Under the terms of the settlement agreement, Qantas will pay US$26.5 million, which is based on Qantas’s freight revenue to/from the United States,”
