Latest news from Heavy Lift & Project Forwarding International Magazine

AP freight division continues to struggle

June 4 - UK headquartered charter broker, Air Partner, has issued its interim management statement for FY 2013 - as its freight division continues to struggle in the face of weak global demand.

The company's Commercial Jet and Private Jet divisions performed well, trading ahead of the equivalent period of FY 2012.

However, Air Partner noted that its freight revenues remain significantly lower year-on-year in 2013. Air Partner states it has realigned the division's cost base and positioned it accordingly to take advantage of any opportunities when they arise.

In its statement, Air Partner claims its Commercial Jet arm overcame reduced government, conference and incentive revenues with new business targeted in the tour operator and oil and gas markets. With a strategic focus on the US and European markets, Air Partner's Private Jet division has also presented new revenue generating opportunities.

Air Partner explained that despite the challenges facing the aviation sector it continues to trade profitably and remains debt free, with a strong net cash position.

 


www.airpartner.com

Heavy Lift | News

Jan De Nul secures Kriegers Flak work thumbnail image

Jan De Nul secures Kriegers Flak work

August 16 - Jan De Nul Group will transport and install 72 Siemens wind turbine generators – with a capacity of 8.4 MW each – for the Kriegers Flak offshore wind farm in Denmark.
Views: 386
Pretty in pink for TGP thumbnail image

Pretty in pink for TGP

August 16 - Trans Global Projects Group (TGP) has delivered 62 modules to a mining site near Newman, Australia.
Views: 355
Trams roll to Mauritius thumbnail image

Trams roll to Mauritius

August 16 - Höegh Autoliners has transported 18 light rail vehicles (LRV) from Spain to Mauritius on its ro-ro vessel Höegh Antwerp.
Views: 349

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.