Qantas has extended its joint venture ownership of Australian air Express and Star Track Express with Australia Post, while also concluding a new mail carriage agreement. Both Qantas and Australia Post own 50 per cent shares in AaE and Star Track, with Qantas CEO Alan Joyce noting that they were strategic investments for the Qantas
Luxembourg based cargo carrier Cargolux Airlines will suspend its services to Australia and New Zealand, citing high operating costs. “We have been trying hard over the past 10 years – through good and bad times – to maintain this service even though the flight economics simply do not justify the operation,” a Cargolux spokesman told
A Boeing MD-11 Freighter operated by Lufthansa Cargo has been involved in an accident while landing in Riyadh on July 27. The aircraft, registered D-ALCQ, was operating a flight from Frankfurt to Hong Kong via Riyadh and Sharjah with 80 tonnes of freight on board. According to some reports, the aircraft’s fuselage fractured while landing
Qantas has announced that it has sold its shareholding in Asian express cargo operation DPEX Worldwide to Toll Holdings for an undisclosed sum. Qantas said in a statement that the sale was part of its “ongoing strategy of focusing on core business areas.” The sale excludes DPEX’s Australian operations, and is subject to approval from
Pacific Air Express has lodged an application with the International Air Services Commission (IASC) for an allocation which would allow it to operate a second weekly freighter service between Brisbane and Port Moresby. The carrier said in its allocation that it is seeking an additional 17.5 tonnes of capacity on the route, which would allow
Cathay Pacific Cargo has announced that it will launch a twice weekly round-the-world freighter service from July 9. The airline will operate a Boeing 747-400 Freighter which will depart from Hong Kong and fly via Anchorage to Chicago, before crossing the Atlantic to Amsterdam, then onwards to Dubai and back to Hong Kong. In total,