Air Cargo News.


For more air cargo news, data and analysis, please go to: Sep 11, 2006


ABX Air won a new four-year contract to manage US Postal Service terminal handling services in Indianapolis in a deal expected to generate $17.7 million in revenues through October 2010. ABX, whose main US client is DHL, has managed the USPS Indianapolis sort facility since 2004. It has similar handling contracts with USPS in Dallas and Memphis. Sep 7, 2006

AerVenture, Airbus, LoadAir

AerVenture, a joint venture between AerCap and Kuwaiti cargo startup LoadAir, placed an order valued at $360 million for CFM56-5Bs to power the 30 A319s/A320s ordered late last year. Sep 8, 2006

China Cargo

China Cargo Airlines executives have been detained and are under investigation by Shanghai prosecutors for allegedly taking more than CNY10 million ($1.3 million) in bribes. Chinese media reported that four officials of the China Eastern Airlines/China...

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