Tag Archives: DHL

DHL unveils a new gateway facility at Bologna Airport, delivers 1 billion COVID-19 vaccine doses

DHL on September 15, 2021 cut the ribbon on a new argo facility at Bologna, Italy. The facility will be used by DHL Express Italy.

The facility is served from the Leipzig hub via a daily flight.

The new facility can handle over 17,000 shipments per hour.

Marco Finelli reporting from Italy.

In other news, DHL has announced 1 billion vaccine doses shipped to more than 160 countries in the fight against COVID-19 since December 2020.

COVID-19 has become the largest global health crisis in a century. Governments, NGOs, and public authorities have focused on containing the virus, accelerating vaccination programs to keep populations safe, and ensuring that economies recover quickly. Since the global vaccine campaign began in December 2020, DHL has safely delivered more than 1 billion COVID-19 vaccine doses to more than 160 countries, playing a key role in the global vaccination roll-out.

K-Mile Air to operate Boeing 737-800F freighters for DHL

DHL Express has made this announcement:

In anticipation of the upcoming e-commerce peak season where DHL Express expects orders and sales to rise significantly, the world’s leading international express service provider has expanded its airfreight capacity within Asia with a newly converted Boeing 737-800 freighter.

Operated by K-Mile Asia, a partner of DHL, the new aircraft offers a total gross payload of close to 140 tons weekly as it travels six times a week from Hanoi to Hong Kong and Bangkok before making its return to Hanoi. This is a 30 percent increase in capacity carried previously by the Boeing 737-400SF freighter, enabling better preparation and response to the anticipated growth in shipment volumes in the coming months.

The expanded capacity and increased flight frequency from five to six times per week will equally enable businesses and consumers from the three markets to capitalize on the growth in trade opportunities within Asia, as they benefit from quicker deliveries and shorter transit times.

The new Boeing 737-800 aircraft connecting BangkokHong Kong and Hanoi joins three other aircraft in the fleet that concurrently and collectively serve Hong KongPhnom PenhSingapore and Jakarta.

K-Mile Air, operating as K-Mile Asia, was established in 2004 as Thailand’s first express freight airline. Our initial operations began in 2006 with a Boeing 727 freighter between BKK and SIN. The fleet subsequently expanded to 3 such aircraft. These aircraft have since been retired in 2013.

In March 2014, Farnair Switzerland took a 45% stake in K-Mile Air. Since then ASL Aviation Holdings has taken over ownership of Farnair and has been a valuable partner with extensive domain expertise. ASL is a global aviation services provider with operations on 6 continents and a fleet of 140 aircraft in 6 airlines in Europe, South Africa and Asia.

Our Boeing 737-400SF operations were launched in July 2014 and continue to cater to the growing intra-Asia airfreight.

Our current scheduled routes include:

  • HAN-HKG-BKK-HAN / 5 rotations per week / since Nov 2014
  • PNH-BKK-SIN-BKK-PNH / 5 rotations per week / since Apr 2016
  • CGK-SIN-CGK (as an extension to the above route from SIN)/ 4 rotations per week / since Feb 2017

Our airline is managed and operated by a team of highly experienced aviation professionals, based at our offices at Suvarnabhumi Airport, Bangkok. K-Mile remains the only Thai freighter airline, with most of our business focused on air operations for express integrators and charter services across Southeast Asia.

Demand for connecting major cities within Southeast Asia is ever increasing, as is demand between Southeast Asian cities and major cities within China. K-Mile Air has a competitive advantage to best support this growth in trade and cross border e-commerce.

DHL and iAero Airways expand their partnership by adding an additional Boeing 737-800F

iAero Airways has expanded its service to operate a total of six DHL cargo aircraft.

The latest aircraft to be added, a Boeing 737-800F, will operate on an ACMI basis by iAero Airways while the other five existing aircraft are operated on a CM basis.

SmartLynx introduces the first freighter registered in Malta

SmartLynx has made this announcement:

As the latest edition to its growing fleet, SmartLynx is proud to announce the introduction of the first freighter aircraft registered in Malta. The A321F, with the registration 9H-CGA, is the first aircraft of its type to be registered in Malta and is also the first of its type to be introduced to the SmartLynx line-up of A320 and A321 aircraft.

SmartLynx – a family member of the Avia Solutions Group, the largest aviation and aerospace business group operating in Central and Eastern Europe – is also proud of the aircraft’s new livery, specially commissioned to feature both SmartLynx and DHL branding. The new freighter will fly to Leipzig where it will commence operations in support of the Express Division of Deutsche Post’s DHL group. The partnership will further enhance DHL’s unit Co2 emissions by introducing the most fuel-efficient narrow-body aircraft in its class.

Compared to similar class freighter models, the A321F is regarded as a better option for the environment and lowering Co2 emissions, with a 20% reduction in fuel burn and its enhanced performance in range, payload, and volume capacity. The aircraft type is also acknowledged as being one of the most technologically advanced narrow-body fleet types in its class. 

Through its investment in the introduction of the A321F to the fleet, SmartLynx Malta is visibly demonstrating its commitment to sustainability and a forward-facing focus on a cleaner, more environmentally aware future for air freight transportation.

The introduction and Maltese registration of the new aircraft are regarded as setting new standards for SmartLynx and their progression in the freighter market. The SmartLynx A321F is perfectly placed to meet the ever-increasing demand for express global cargo transportation and comes as confirmation and recognition of the aviation company’s position in support of the freight movement sector. Among SmartLynx’s other main strengths that allow them to bolster their progressive response to the changing face of freight transportation are adaptability, swift response times, and a commitment to safety.

In addition to this quantum leap for SmartLynx Malta, plans are afoot for the introduction of additional A321Fs along with a future target of becoming one of the largest narrow-body cargo freight carriers.

SmartLynx Malta will support the Express Division of Deutsche Post DHL Group with two Airbus A321-200 freighter aircraft

DHL Express, the world’s leading express service provider, and SmartLynx Malta announce the signing of a new partnership agreement for the introduction of two newly converted Airbus A321-200 freighters joining DHL’s European air fleet.  The new technically advanced narrow-body fleet type is adding capacity to meet the increasing demand for express cargo transportation worldwide combined with further improving DHL’s unit Co2 emissions by introducing the most fuel efficient narrow-body aircraft in its class.

SmartLynx is a family member of Avia Solutions Group, the  largest aerospace business group from Central & Eastern Europe, and has extensive experience operating the A321 family of aircraft. This agreement sets a new hallmark as SmartLynx’s Malta subsidiary enters into the freighter market.

Smartlynx Malta is planning to add two additional A321Fs during 2021 and up to four units during 2022, with a business target of becoming one of the largest narrow-body cargo freight carriers within the next three years.

DHL (EAT) adds Brussels – Miami freighter service

Miami International Airport made this announcement:

DHL subsidiary starts five weekly flights from leading European hub for meds and vaccines.

As preparations for distribution of a COVID-19 vaccine continue worldwide, Miami International Airport welcomed on October 1, 2020 (top photo) the launch of more all-cargo flights from Brussels, Belgium – Europe’s leading hub for handling temperature-sensitive pharmaceutical (pharma) products such as vaccines. European Air Transport (EAT) Leipzig, a wholly owned subsidiary of Deutsche Post DHL Group, began five weekly flights with Airbus A330-200F aircraft capable of carrying 65 tons per flight.

European Air Transport (EAT) Leipzig’s LEJ hub:

EAT Leipzig’s new Brussels service follows launches by DHL Express and Amerijet, which began cargo flights between Brussels and MIA in March and April, respectively. Combined, the airlines now provide 13 weekly flights between the two pharma hubs. Brussels Airport and MIA were the first two airports in the world designated as Pharma Hub Airports by the International Air Transport Association (IATA), and have been working on expanding their shared pharma route for the past decade. IATA’s Pharma Certification Program certifies that pharma products are transported in accordance with global best practices.

Last year, MIA handled a total of $3.7 billion in pharma imports and exports, with Belgium ranking as one of MIA’s top 10 trade partners for pharma imports at $12.7 million. Belgium was also responsible for $30.9 million in pharma exports. Additionally, with 18% of MIA’s pharma imports coming from Europe and 80% of MIA’s exports going to Latin America and the Caribbean by volume, the new Miami-Brussels cargo flights adds more muscle to MIA’s already strong connections with its U.S., European, Latin American and Caribbean markets.

European Air Transport (EAT) Leipzig’s routes from the LEJ hub:

Mesa Air Group signs five-year cargo contract with DHL Express, will add Boeing 737-400Fs

Mesa Air Group has made this announcement:

  • Adding two Boeing 737-400F to fleet
  • Five-year contract with service scheduled to start October 2020
  • Opening a new crew and maintenance base in Cincinnati

Mesa Air Group, Inc. has announced plans to begin providing air cargo service for DHL Express with Boeing 737-400F cargo aircraft.


Under the agreement, Mesa will operate two cargo aircraft from DHL Express Americas global hub at Cincinnati/Northern Kentucky International Airport for a five-year term. The company will lease the aircraft from DHL with the first scheduled to be in service this October.

Ethiopian and DHL Global Forwarding to partner

DHL Global Forwarding, the leading international provider of air, sea and road freight services, and Ethiopian Airlines, the largest aviation group in Africa, have signed a new agreement to form a joint venture company – DHL-Ethiopian Airlines Logistics Services Ltd., to build the Leading Cargo Logistics provider JV company in Africa; the company will be based in Ethiopia and do business in the entire continent of Africa, enhancing Ethiopia’s logistics infrastructure and connections.

Ethiopian Airlines, which assumes a majority stake in this joint venture, will provide regulatory and operational support as DHL Global Forwarding establishes air, ocean, and road freight connections between Ethiopia’s main trade hubs and the rest of the world. Pramod Bagalwadi, a DHL veteran with over two decades of experience in management roles within the logistics industry, has been appointed to lead the new organization. This will be an additional portfolio for Pramod, who currently leads the Industrial Projects Team for DHL in Sub-Saharan Africa and a strategic business partner for the company in the region.

DHL Global Forwarding, the leading international provider of air, sea and road freight services, and Ethiopian Airlines, the largest aviation group in Africa, today signed a new agreement to form a joint venture company – DHL-Ethiopian Airlines Logistics Services Ltd., to build the Leading Cargo Logistics provider JV company in Africa; the company will be based in Ethiopia and do business in the entire continent of Africa, enhancing Ethiopia’s logistics infrastructure and connections.

Ethiopian Airlines, which assumes a majority stake in this joint venture, will provide regulatory and operational support as DHL Global Forwarding establishes air, ocean, and road freight connections between Ethiopia’s main trade hubs and the rest of the world. Pramod Bagalwadi, a DHL veteran with over two decades of experience in management roles within the logistics industry, has been appointed to lead the new organization. This will be an additional portfolio for Pramod, who currently leads the Industrial Projects Team for DHL in Sub-Saharan Africa and a strategic business partner for the company in the region.

Photo: Ethiopian Airlines.

Atlas Air Worldwide acquires two ex-LATAM Boeing 777 freighters for ACMI service for DHL Express

Atlas Air Worldwide Holdings, Inc. acquires Southern Air and Florida West

Atlas Air Worldwide Holdings, Inc. has announced the acquisition of two Boeing 777F Freighters from LATAM Airlines.

Both 777 aircraft will operate in ACMI (aircraft, crew, maintenance and insurance) service for DHL Express through Atlas’ Southern Air subsidiary, with the first starting service this month and the second expected to begin service at the end of the second quarter of 2018.

The first of the two aircraft was previously operated on a CMI (crew, maintenance and insurance) basis for DHL Express by Southern Air. The second aircraft will increase the number of 777 freighters owned or operated by the company to 12.

The expected financial and operating impacts of the two 777 freighters in 2018 were incorporated in the company’s earnings growth framework announced on February 22, 2018. As indicated, the company anticipates that its full-year 2018 adjusted net income will grow by a mid-twenty-percent level compared with 2017.

Copyright Photo: Southern Air (2nd)-DHL Boeing 777-FZB N775SA (msn 37987) ANC (Michael B. Ing). Image: 920329.

DHL-Southern Air aircraft slide show:

 

Atlas Air Worldwide reports second quarter adjusted net income of $29.4 million

Atlas Air Worldwide Holdings, Inc. (Atlas Air and Polar Air Cargo) (New York) today announced adjusted net income attributable to common stockholders of $29.4 million, or $1.17 per diluted share, for the three months ended June 30, 2015, compared with $15.9 million, or $0.63 per diluted share, for the three months ended June 30, 2014.

Atlas Air Worldwide logo

On a reported basis, net income attributable to common stockholders in the second quarter of 2015 totaled $28.4 million, or $1.13 per diluted share, compared with $29.6 million, or $1.17 per diluted share, in the year-ago quarter.

Free cash flow of $68.5 million in the second quarter of 2015 compared with $59.2 million in the second quarter of 2014.

“Earnings in the second quarter were driven by contribution and margin strength in ACMI, Charter and Dry Leasing,” said William J. Flynn, President and Chief Executive Officer.

“We are seeing good demand for our aircraft and services as we enter the second half of 2015, as many of our customers are outperforming the overall market. We are working closely with our customers to provide them with the most efficient aircraft and effective operating services for their needs.

“As we gather additional insight into second-half demand, yields and military requirements, we continue to look forward to a strong year and a significant increase in earnings compared with 2014.”

Responding to market demand and customer requirements, we are implementing several previously announced fleet initiatives that are incorporated in our framework outlook for the year: placing an additional 747-400 freighter in ACMI service with DHL Express at the start of the third quarter; acquiring a new 747-8 freighter scheduled to be delivered to us in November; returning an owned, unencumbered 747-400 converted freighter to active service to meet additional Charter demand; securing a short-term operating lease on a second 747-400 converted freighter in Charter with more favorable terms; and expanding our Titan Dry Leasing portfolio by acquiring and converting two 767 passenger aircraft into freighter configuration. The freighters will be leased to DHL on a long-term basis when they are delivered in the fourth quarter.

 

Second-Quarter Results

Revenue and direct contribution in ACMI in the second quarter benefited from an increase in block hour volumes, driven by the start-up of four additional 767 CMI aircraft and an improvement in 747 cargo aircraft utilization. Segment contribution also benefited from lower heavy maintenance expense. These were partially offset by a reduction in revenue per block hour, which reflected the impact of payments received from a customer in 2014 in connection with the return of an aircraft as well as an increase in CMI flying in 2015.

In Charter, significantly higher segment revenues reflected an increase in commercial cargo demand and improvements in military passenger and cargo demand. In addition, segment contribution benefited from those higher flying levels and a reduction in heavy maintenance expense. The decrease in revenue per block hour was primarily driven by the impact of lower fuel prices.

In Dry Leasing, revenue and profitability grew as we realized revenue from maintenance payments related to the scheduled return of a 757-200 cargo aircraft in April. This aircraft was subsequently leased to DHL Express on a long-term basis during the quarter.

Reported earnings for the second quarter of 2015 included an effective income tax rate of 31.0%, which reflected our continued reinvestment of the net earnings of certain foreign subsidiaries outside of the U.S.

Half-Year Results

For the six months ended June 30, 2015, adjusted net income attributable to common stockholders totaled $55.2 million, or $2.20 per diluted share, compared with $27.1 million, or $1.07 per diluted share, for the six months ended June 30, 2014.

On a reported basis, first-half 2015 net income attributable to common stockholders totaled $57.6 million, or $2.29 per diluted share, compared with $37.5 million, or $1.49 per diluted share, in the first half of 2014.

Free cash flow totaled $148.8 million in the first six months of 2015 compared with $96.1 million in the first six months of 2014.

Liquidity and Capital Resources

At June 30, 2015, our cash, cash equivalents, restricted cash and short-term investments totaled $554.9 million, compared with $330.7 million at December 31, 2014.

The change in position reflected net cash of $171.1 million provided by operating activities; net cash of $104.4 million provided by financing activities, which included $99.1 million of debt payments; and net cash of $59.4 million used for investing activities.

In June 2015, we issued $224.5 million of convertible senior notes due June 2022 with a cash coupon of 2.25%. We used a portion of the approximately $218 million of net proceeds from the offering in June to fund the $16.6 million net cost of convertible note hedges and warrants related to the notes. These transactions are intended to offset any actual dilution from the conversion of the notes and to effectively increase the overall conversion price from $74.05 to $95.01 per share.

During the third quarter of 2015, we expect to use approximately $113 million of the net proceeds to retire higher-rate Enhanced Equipment Trust Certificates (EETCs) related to five of our 747-400 freighter aircraft. The redemption amount gives effect to the company’s ownership interests in the EETCs being retired, which have an average cash coupon of 8.1%.

We expect to use the remaining net proceeds from the convertible note issuance for working capital and capital expenditures, repayment or refinancing of debt, and general corporate purposes.

Outlook

We are encouraged by our strong first-half performance. We are seeing good demand for our aircraft and services this quarter and for the remainder of the year. And we continue to anticipate significant growth in adjusted diluted earnings per share in 2015.

On a sequential basis, we expect earnings per share in the third quarter of 2015 to be slightly better than our second-quarter 2015 adjusted earnings, followed by further earnings improvement in the fourth quarter.

Taking our first-half 2015 earnings strength into account, we continue to expect approximately 55% of our earnings to occur in the second half.

In addition, we anticipate that block-hour volumes this year will increase approximately 10% compared with 2014, including the impact of the 747-8 freighter scheduled to be delivered in November and 747-400BCF that we returned to service at the end of the second quarter. More than 70% of our total block hours should be in ACMI and the balance in Charter. Our ACMI outlook reflects expected growth in both 747 freighter operations as well as CMI flying. Our Charter outlook reflects our strong presence in the global charter market and military demand that is holding up well compared with 2014 levels.

In Dry Leasing, our portfolio is expected to include our recent acquisition and subsequent conversion of two 767 passenger aircraft to freighter configuration. Following their conversion, which should be completed during the fourth quarter of this year, the aircraft will be leased to DHL Express.

Given the flying levels that we anticipate, we continue to expect that aircraft maintenance expense in 2015 should total approximately $190 million. In addition, depreciation should be approximately $125 million. We also anticipate an effective income tax rate of approximately 30%. Core capital expenditures, excluding aircraft and engine purchases, are expected to total approximately $45 million, mainly for spare parts for our fleet. Expenditures for additional aircraft and engines should total approximately $240 million.

Copyright Photo: Michael B. Ing/AirlinersGallery.com. Polar Air Cargo’s Boeing 747-46NF N454PA (msn 30812) in DHL colors departs from scenic Anchorage, Alaska.

Atlas Air aircraft slide show: AG Airline Slide Show

Polar Air Cargo aircraft slide show: AG Airline Slide Show

DHL-Polar Air Cargo aircraft slide show: AG Airline Slide Show

AG Prints-6 Sizes