Tony Sanchez

Over 90 million passengers expected to use Dubai’s main airport in 2018 – CEO

Posted By Tony Sanchez / Airport / 0 Comments

November 13, 2018 Just over 90 million passengers are expected to use Dubai International Airport in 2018, Dubai Airports Chief Executive Paul Griffiths said on Tuesday at an aviation industry conference. Passengers using the airport, the hub for Middle East airline giant Emirates and a major source of income for Dubai, rose 5.5 percent to […]

Brazil planemaker Embraer to sell E-Jets to Spain’s Binter Canarias

Posted By Tony Sanchez / Aircraft Manufacture / 0 Comments

November 13, 2018 Embraer SA will deliver Spanish airline Binter Canarias its first E195-E2 jet in the second half of 2019, the Brazilian planemaker said in a statement on Tuesday. The order was first made public in July, with the counterparty being identified at the time as an “unidentified client,” Embraer said. The jet is […]

Singapore Airlines profit sinks on fuel costs, Virgin Australia losses

Posted By Tony Sanchez / Airlines / 0 Comments

November 13, 2018 Singapore Airlines Ltd on Tuesday reported an 81 percent fall in second-quarter earnings, driven by higher fuel prices and non-cash losses at its part-owned Virgin Australia Holdings Ltd. The carrier, a benchmark for Asia’s premium airline industry, posted a net profit of S$56 million ($40.5 million) for the quarter ended Sept. 30, […]

Airline Emirates warns oil, dollar to hit first-half profit

Posted By Tony Sanchez / Airlines / 0 Comments

November 13, 2018 Emirates earnings are being squeezed by higher oil prices, a strong dollar, and instability in the global economy, the airline’s chief commercial officer said on Tuesday. The warning came ahead of Emirates’ half-year financial results for the period ending September 30, which will be released on Thursday. “The profit will be badly […]

Losses continue to add up for CEVA in Q3

Posted By Tony Sanchez / Logistics Company / 0 Comments

November 13, 2018 Losses continue to pile up at CEVA Logistics with a negative third quarter result of $86 million, not helped by issues in Italy. The third quarter result compares to a loss of $22 million in the same period of 2017, with year-to-date losses coming in at $198 million, compared to $124 million […]

Zimbabwe invites bids for struggling national airline

Posted By Tony Sanchez / Airlines / 0 Comments

November 12, 2018 Zimbabwe has invited bids for the state-owned airline as President Emmerson Mnangagwa’s government pushes ahead with a drive to privatize and end state funding to loss-making firms, Air Zimbabwe’s administrator said on Monday. Air Zimbabwe, which owes foreign and domestic creditors more than $300 million, was in October placed into administration to […]

Turkish Cargo earns QEP at 15 more stations

Posted By Tony Sanchez / Uncategorized / 0 Comments

November 12, 2018 Turkish Cargo has increased the number of QEP accredited stations with an additional 15 across Europe, the Middle East, Asia, Africa and the Americas. The 15 new Qualified Envirotainer Provider stations are Helsinki, Taipei, Vienna, Kuwait, Maastricht, Buenos Aires, Sao Paulo, Tokyo, Chicago, Madrid, Cairo, Rome, Dusseldorf, Budapest and San Francisco. The […]

Ethiopian Cargo takes delivery of 8th B777F

Posted By Tony Sanchez / Uncategorized / 0 Comments

November 12, 2018 Ethiopian Cargo & Logistics Services has taken delivery of its eight Boeing 777 Freighter, which arrived in Addis Ababa on 10 November. As part of the company’s 15-year Vision 2025 plan, Ethiopian Cargo & Logistics Services plans to generate $2 billion of revenue with 19 freighter aircraft, and transport 820,000 tonnes of […]

GoodBulk Upbeat on Capesize Market

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

November 12, 2018 Dry bulk vessel owner and operator GoodBulk believes that secondhand Capesize vessels currently represent the most attractive risk adjusted return opportunity. “As such, the company continues to focus its capital allocation to this segment,” the company said announcing its business results for the third quarter of the year. The third quarter of […]

CMA CGM Charters Boxship Quartet from Poseidon Containers

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

November 12, 2018 French shipping giant CMA CGM has decided to charter four vessels from containership charter owner, Poseidon Containers. Under the deal, Poseidon Containers, which recently entered a definitive merger agreement Global Ship Lease, will charter the 6,927 TEU boxships to CMA CGM for a period of five years. The charters for the containerships Mary, Kristina, Katherine […]