All articles by Air Cargo News (Admin) – Page 173
-
News
Norwegian looks back – and forward
Norwegian's third-quarter 2017 results saw revenue reached NKr10bn, up from NKr8.3bn in the same quarter of last year.Within that total, the ‘other revenue’ figure of NKr313m derived from freight carriage, commissions, third-party products and external aircraft leases.Norwegian made a net result of NKr1bn, an improvement of 4% compared to the ...
-
News
Air Canada revels in ‘best-ever’ earnings figure, and cargo is up too
Air Canada made C$1.4bn in EBITDAR (earnings before interest, taxes, depreciation, amortisation, impairment and aircraft rent) in the third quarter of 2017, a record figure.It was a $140m increase on last year’s third-quarter EBITDAR of C$1.25bn.Cargo-related revenue rose by a 38% year on year, with an increase of C$179m. In ...
-
News
JAL goes for Starlight Express in Nepal market
Nepalese freight forwarder Starlight Express is to act as the general sales agent (GSA) for Japan Airlines Cargo in the Nepalese market.Starlight Express will sell the cargo capacity of the Tokyo-headquartered carrier’s flights between Japan and Nepal.Starlight, as an agent of the Hong Kong-based freight forwarder and logistics solutions provider ...
-
News
Western Global adds to Puerto Rico relief effort
Florida-based Western Global Airlines is continuing to operate relief flights to Puerto Rico, carrying emergency supplies aboard its widebody MD-11 freighters to the Caribbean island that has been hard-hit by Hurricane Maria.Each flight delivers approximately 90 tonnes of relief supplies, such as food, water and equipment. Two of its relief ...
-
News
Lufthansa opts for va-Q-tec passive temp-control containers
Lufthansa Cargo has partnered with va-Q-tec to offer the temperature-controlled specialist's va-Q-tainer thermal containers at stations across the German flag-carrier’s global network.The va-Q-tainer is a temperature-controlled container solution for six temperature ranges from -70°C to +25°C. Negating the need for external energy sources, it is available in five sizes, and ...
-
News
Leipzig/Halle supports ever-growing freight volumes
Leipzig/Halle airport handled 828,163 tonnes of cargo during the first nine months of 2017, a 7.7% increase over the same period last year for Germany’s second-largest airfreight hub.It also represented the 13th consecutive year of cargo growth at Europe’s fifth-largest airfreight gateway.The airport, operated by Mitteldeutsche Flughafen, serves as a ...
-
News
IAG Cargo enjoys ‘strong growth’ in third quarter
IAG Cargo’s 2017 third quarter results saw airfreight's commercial revenue reach €259m, a 10.2% increase over the same July-September period in 2016 when measured at constant exchange rates.The carrier - which includes British Airways, Iberia, Aer Lingus and Vueling - saw its cargo yield for the quarter up by 2.4% ...
-
News
Scholte takes up lead TIACA role
The new chairman of The International Air Cargo Association (TIACA), Sebastiaan Scholte, has taken up his position at the head of the airfreight industry trade body.So too has TIACA’s new vice chairman, Steven Polmans.Polmans is head of cargo and logistics at Brussels Airport Company (BAC), while Scholte is chief executive ...
-
News
DSV looks back on positive three months for sea and airfreight volumes
DSV, the Denmark-headquartered supply chain specialist, has reported on its third-quarter performance.Net revenue over the third quarter reached DKr18.7bn Danish Krone, up from DKr17.2bn in the same three months of 2016.Gross profit rose from DKr4bn in the year-earlier period to reach DKr4.1bn in the 1 July to 30 September 2017 ...
-
News
Airline cargo bosses remain in positive mood
Airline cargo bosses are in an upbeat mood, with a new IATA survey suggesting a continued strong financial performance in the second half of 2017.IATA’s latest business confidence survey, conducted in early-October, asked for the opinions of airline chief financial officers and heads of cargo.Exactly 80% of respondents reported that ...
-
News
American Airlines on the up
American Airlines achieved revenues of $10.9bn during the July to September period, up by 2.7% on the same three months of 2016.The giant US carrier also reported a third-quarter pre-tax profit of $1bn despite a challenging operating environment in the second half of 2017, not least because of the hurricanes ...
-
News
UPS reveals ‘solid’ third-quarter results
UPS saw revenues rise by 7% in the third quarter reach $16bn, while international operating profit increased by 8.9% to $627m.Operating profit as a whole at the US based parcels and logistics giant stayed pretty much static at $2bn.The Supply Chain & Freight part of the business enjoyed a 13% ...
-
News
Rhenus consolidates airfreight operations through Frankfurt
Supply chain operator Rhenus is consolidating its European airfreight volumes at Frankfurt airport, Germany’s busiest air cargo hub.The decision to create the new hub was taken in response to “the positive global development in business and the increasing volumes of freight in its air and ccean business”.The airfreight hub at ...
-
News
Cargolux turns to temp-control container lessor SkyCell
Luxembourg-based B747 freighter operator Cargolux has agreed a deal with SkyCell that will see the latter’s temperature-controlled containers become available to the airline’s shipper customers.SkyCell containers will enable Cargolux to transport pharma products in the +2°C to +8°C and +15°C to +25°C ranges, despite ambient temperature extremes of between -35°C ...
-
News
DHL facility at O’Hare opens its doors
DHL has opened a $10m global gateway facility at Chicago’s O’Hare International Airport.The integrator selected Chicago’s new northeast cargo campus at O’Hare because the site is “on track to be the largest cargo development built at a US airport in more than a decade when completed in the next few ...
-
News
LATAM flies relief cargo to Puerto Rico
LATAM Cargo, South America’s biggest cargo airline, has flown more than 40 tons of water, food, generators, medicine and other aid from Miami to Puerto Rico as part of the humanitarian aid effort launched in the wake of Hurricane Maria and the devastation it caused to the island in September.The ...
-
News
Heathrow reports strong cargo growth
Cargo traffic through Heathrow airport rose by 10.5% year on year to reach 1.25m tonnes in the first nine months of 2017.Passenger volumes at key UK London gateway also rose, helping to generate a year on year revenue increase of 3.2% to £2.2bn ($2.9bn).Adjusted earnings before interest, depreciation, tax and ...
-
News
Silk Way grows its fleet with B747-8Fs
SILK WAY Airlines has ordered two B747-8Fs, expanding its current fleet of aircraft to seven.The national flag carrier for Azerbaijan, based at Heydar Aliyev International Airport in Baku, hopes the move will help strengthen its competitive position in the airfreight market.“One of the goals of the Azerbaijani government is to ...
-
News
Atlas warns of constrained freighter supply
Atlas Air Worldwide (AAWW) is expecting to see constraints on the supply of freighters over the coming years due to limited supply of aircraft and demand increases.Speaking at the Freighters World conference, AAWW president and chief executive William Flynn said the “supply of airframes is somewhat constrained”, although he added ...
-
News
London airports "completely full" by mid-2030s says UK government
All five of London’s main airports will be "completely full" by the mid-2030s, and four of them within a decade, according to updated aviation demand forecasts published today by the UK government.Transport minister Chris Grayling said that the forecasts “also show us that the north-west runway scheme at Heathrow is ...