Expo Freight working to settle non-payment issues with Debenhams suppliers
A forwarder for the UK’s now-defunct Debenhams chain said it was working closely with Bangladeshi ...
MAERSK: LITTLE TWEAKDSV: UPGRADEF: HUGE FINELINE: NEW LOW WTC: CLASS ACTION RISK XOM: ENERGY HEDGEXPO: TOUR DE FORCEBA: SUPPLY IMPACTHLAG: GROWTH PREDICTIONHLAG: US PORTS STRIKE RISKHLAG: STATE OF THE MARKETHLAG: UTILISATIONHLAG: VERY STRONG BALANCE SHEET HLAG: TERMINAL UNIT SHINESHLAG: BULLISH PREPARED REMARKSHLAG: CONF CALLHLAG: CEO ON TRADE RISKAMZN: HAUL LAUNCH
MAERSK: LITTLE TWEAKDSV: UPGRADEF: HUGE FINELINE: NEW LOW WTC: CLASS ACTION RISK XOM: ENERGY HEDGEXPO: TOUR DE FORCEBA: SUPPLY IMPACTHLAG: GROWTH PREDICTIONHLAG: US PORTS STRIKE RISKHLAG: STATE OF THE MARKETHLAG: UTILISATIONHLAG: VERY STRONG BALANCE SHEET HLAG: TERMINAL UNIT SHINESHLAG: BULLISH PREPARED REMARKSHLAG: CONF CALLHLAG: CEO ON TRADE RISKAMZN: HAUL LAUNCH
Speculation over the future of Finnair Cargo’s lessor, Nordic Global Airlines, has ended with an announcement that the company is to cease operations at the end of the month. Its fleet of four MD-11Fs will be transferred to sister company Western Global Airlines, which operates between Miami and South America. Finnair Cargo, which owns 40% of NGA, announced at the end of last year that it was ending its MD-11F operations owing to overcapacity in the market. NGA’s other shareholders include Western Global Airlines founder and CEO Jim Neff, who previously founded and owned Southern Air before selling it in 2007.
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