CEVA wins five-year contract with Airbus in Hamburg

Freight forwarder CEVA has announced it has been awarded a five-year contract to manage spare parts and components for Airbus at the aircraft manufacturer’s site in Hamburg, Germany.  This will be effective from February 2020. CEVA will become responsible for consolidating spare parts and components at the site from other locations across Europe, including Germany, […]

CEVA posts solid performance in Q3 but still records a loss

CEVA Holdings has reported a solid performance in the third quarter (Q3) of this year as it saw air cargo volumes grow by a double-digit figure. The logistics firm’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter ending 30 September was $75 million, up 19 per cent versus Q2 and flat versus […]