Following a successful growth in 2023, the Challenge Group is focusing on fortifying internal collaboration and fine-tuning its service within the air cargo industry this year. The group has introduced and deployed its Boeing 767 Cargo fleet, increasing the tonnage airlifted and reaching the milestone of 1000 charter flights last year.
“Our DNA and value proposition is based on an end-to-end solution approach to supply chain requirements,” said Yossi Shoukroun, CEO of Challenge Group. “We have become the partner of choice when it comes to complex verticals and specific/unique logistics needs, in terms of commodity and destination,” he explained.
Two-thirds of the company’s business is in the vertical segment, such as live animals, automotive, aerospace, artworks, temperature-controlled shipments, valuables, and dangerous goods.
“Overall, we expect the complex vertical segment to grow, and predict that our certified expertise and known capabilities will gain us further market share. The most growth, however, can again be expected in e-commerce,” he added.
The main challenges, therefore, that Challenge Group is taking on internally, are a strategic fleet expansion which will enable the addition of new markets and new destinations tailored to customer requirements. A new digital sales channel and sustainability initiatives are planned to support and enhance the overall customer experience.
Other concrete plans for 2024 include a new hangar and a new maintenance station for Challenge Technic, Challenge Logistics’ investment in new technology such as the Project44 tool to provide seamless visibility and transparency to customers, as well as improvement in the handling of electrical cars, electrical tractors, and GPU in Liege.
Challenge Group is a Malta-based air cargo group comprising three airlines: Challenge Airlines IL (Israel), Challenge Airlines BE (Belgium), and Challenge Airlines MT (Malta). The group owns and operates four Boeing 747-400F and four Boeing 767-300s which can handle 300,000 tons of cargo per year.
With a target to handle up to one million tons of cargo annually, the group now offers cargo services to New York, Houston, Atlanta, Hong Kong, Zhengzhou, Ningbo, Oslo, and Larnaca. The group also provides charter flights to other destinations worldwide.
Photo: Challenge Group
AirFi has announced that its AirFi LEO low-Earth orbit in-flight connectivity will be installed on 50 aircraft during the first…
Airbus UpNext, a wholly-owned subsidiary of Airbus, has started testing new technologies to support automatic taxiing and enhance pilot assistance…
KNDS Deutschland and General Dynamics European Land Systems (GDELS) are presenting AGM on Piranha Heavy Mission Carrier at the Future…
Airbus Helicopters, LCI, a leading aviation company, and Sumitomo Mitsui Finance and Leasing Company (SMFL), have announced an order for…
Saudi Arabia's National Industrial Development Center (NIDC), AHQ Group and Embraer have signed a Memorandum of Understanding (MoU) to discuss…
Iberia will be launching the new Airbus A321XLR, as it will receive the first A321XLR on the market by the…
The Federal Aviation Administration (FAA) has granted certification of a new Combi interior conversion option for the passenger variant of…
EDGE Group and Fincantieri have inked an agreement to launch MAESTRAL, a shipbuilding Joint Venture (JV) based in Abu Dhabi,…
Indra recently unveiled a new 360 vision system, integrating artificial intelligence (AI), designed to enhance the situational awareness and operational…
Saudia Group, comprising Saudia and flyadeal, has finalised an order for an additional 105 A320neo Family aircraft, bolstering its fleet…
Korean Air has announced a strategic partnership with Amazon Web Services (AWS) to develop an AI Contact Center (AICC) platform…
The Italian Navy recently launched the Logistic Support Ship (LSS) "Atlante" at the Fincantieri shipyard in Castellammare di Stabia. This…
Embraer, in collaboration with the Department of Aerospace Science and Technology (DCTA) of the Brazilian Air Force, headquartered in São…
Embraer, Eve Air Mobility and Groupe ADP (Aéroport de Paris) have signed a Memorandum of Understanding (MoU) that focuses on…
The Royal Thai Navy (RTN) held an anointing ceremony for its newest Landing Platform Dock (LPD) ship, HTMS Chang (792),…
SriLankan Cargo, the freight division of SriLankan Airlines, has partnered with digital freight solutions provider CargoAi to enhance its airfreight…
Northrop Grumman has signed an agreement for access and use of NVIDIA AI software to accelerate development of some of…
The U.S. Army has awarded Lockheed Martin a $451 million contract to recapitalize additional M270 systems expanding its domestic fleet…
Japan Airlines announced the unveiling of a captivating special livery on its Boeing 787-8 aircraft (registration JA823J) for its international…
Airbus Defence and Space, leading the Eurodrone programme, has concluded the Preliminary Design Review (PDR) milestone. This achievement, overseen by…
Gauzy, a company specializing in vision and light control solutions, is gearing up to unveil its latest innovations at the…
The German Heron TP (GHTP), developed by UAV PEO at the Directorate of Defense Research and Development at the Israeli…
AirFi announced its partnership with United Enterprise (UE) to establish AirFi China, located at Baiyun International Airport in Guangzhou, China.…
The Royal Thai Navy (RTN) is likely to accept the continuation of the S26T submarine project with Chinese CHD 620…
The Indonesian Air Force (TNI Angkatan Udara / TNI AU) received its fifth and final C-130J Super Hercules aircraft at…
The all-new Gulfstream G700 has received European Union Aviation Safety Agency (EASA) type certification, following the aircraft's Federal Aviation Administration…
The President of the Philippines, Ferdinand Marcos Jr., has confirmed that South Korea's Hyundai Heavy Industries (HHI) is entering Subic,…
The Indonesian Navy (TNI AL) has dispatched 1,380 personnel to partake in the Cooperation Afloat Readiness and Training 2024 (CARAT…
The 737 MAX series aircraft has been added to its Dothan, Alabama MRO facility certification, Commercial Jet Services has said.…
Korean Air has been recognised for its food and beverage service by Global Traveler in the magazine’s 2024 Leisure and…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2024 GBP all rights reserved.