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The Week in brief

By Hpanchal on March 16, 2012
  • Ruslan International, which manages Volga Dnepr’s and Antonov Airlines’ combined Antonov An-124 fleets, arranged 712 contracts in 2011, a 21.5 percent, year-over-year, increase. The company also saw 28 percent, year-over-year, revenue growth last year, despite a 23.5-percent surge in operating costs from 2010. Unfortunately, sluggish cargo volumes in the Middle East and Asia affected airfreight growth, Ruslan revealed in a press release. “This meant that the An-124 increasingly reverted to carrying the heavy- and outsized- cargoes for which it was designed, rather than the general cargo often carried in previous years,” according to the press release.
  • Kuehne + Nagel has established a logistics hub in Vienna. The hub, which will handle K + N’s groupage overland operations to and from Eastern Europe, will connect all major Eastern European nations via direct lines and facilitate more than 300 weekly departures.
  • Worldwide Flight Services has inked a three-year deal with Etihad Airways to provide cargo-handling services at London Heathrow Airport. WFS, which is projected to handle approximately 33,000 tonnes of freight a year on behalf of Etihad, already handles the carrier’s cargo at Paris-Charles de Gaulle Airport.
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