All articles by Air Cargo News (Admin) – Page 221
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News
Atlas places B747-8 ACMI freighter pair with Cathay Pacific Cargo
Atlas Air Worldwide Holdings has placed two Boeing 747-8 freighters into ACMI service for Hong Kong based Cathay Pacific CargoBoth freighters will be operated by Atlas Air and will fly on behalf of Cathay Pacific Cargo through aircraft, crew, maintenance and insurance agreements.The new B747-8F service is scheduled to begin ...
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WFS scoops Air China deal in Barcelona
Worldwide Flight Services (WFS) has won a three-year contract to provide cargo handling services to Air China in Barcelona, extending its agreements with the airline in Spain to a sixth airport.Air China currently operates four Boeing 777 flights a week from Barcelona to Beijing. This will increase to seven services ...
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NewsAir cargo demand growth reaches six year high
Air cargo traffic grew at its fastest rate since late 2010 in March as the industry continues to benefit from an uptick in world trade and export orders.The latest figures from airline body IATA show that in freight tonne km terms traffic increased by 14% year on year in March, ...
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Ceva sees revenues and volumes improve in Q1
Ceva recorded a loss in the first quarter of the year despite an improvement in revenues and airfreight volumes.The freight forwarder saw first-quarter revenues increase by 1.9% year on year to $1.6n, operating income was up to $8m from $4m a year earlier but it registered a net loss of ...
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Brussels Airport to offer ground handler booking app
Brussels Airport has developed a new slot booking app for ground handler facilities that aims to reduce pick-up and delivery times.The Slot Booking App allows users, such as freight forwarders, to request a single or recurring time slot at a specific ground handler facility through a centralised system.Ground handlers have ...
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NewsAmerican sees cargo revenues and traffic improve in Q1
American Airlines saw its cargo traffic and revenues increase during the first quarter of the year, but this was not enough to stop yields declining.The US airline, which recently won the Cargo Airline of the Year award, registered a 13.8% year-on-year improvement in first-quarter traffic to 619m cargo ton miles, ...
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Alitalia to enter into administration
Alitalia will make a formal request to enter into bankruptcy after employees last week rejected a rescue plan.The Italian flag carrier’s board of directors, which convened after a shareholder meeting, decided to proceed with administration in light of the “serious economic and financial situation of the company”, the shareholders’ unavailability ...
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West Atlantic looks outside Europe for fleet utilisation
Sweden's West Atlantic cargo airline is to look outside Europe as it seeks to increase utilisation of its eight-tonne capacity freighter fleet.As previously reported, the carrier saw underlying 2016 year-on-year revenues fall by 2.8% to SKr 1.3bn ($145.6m), adjusted for currency and fuel price factors.The group’s earnings before tax, interest, ...
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ACS reports strong financial performance despite cargo dip
Air Charter Service (ACS) saw cargo revenues dip last year, but there was a “strong” financial performance for the company overall.The charter firm registered an 8% improvement in revenues to £342m for the year ending January 31 and arranged 12,500 contracts.Gross profit from all aircraft charters totalled a company record ...
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Air cargo growth strengthens in March
Air cargo demand growth continued to impress in March with double-digit percentage growth on the back of modal shift and consumer product launches.The latest figures from analyst WorldACD show that demand in chargeable weight terms increased by 14.6% year on year – numbers not seen since the recovery years of ...
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VIDEO: Emirates freighter Rosie blossoms in Barcelona
An Emirates SkyCargo Boeing 777 freighter, nicknamed Rosie because of her rose decal, made a special appearance in Barcelona on the occasion of ‘The Day of the Rose’.The Catalan festival, originally St Jordi’s Day, is celebrated on April 23 every year with locals gifting roses and books to one another.Earlier ...
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NewsAsian Cargo Monthly: Freight traffic continues to grow
Asian carriers continued to record cargo demand improvements in March, with airlines boosted by new product launches.The latest airline data shows that six out of seven airlines included in Air Cargo News’ monthly Asia wrap-up saw demand increase during March.The largest of the carriers, Cathay Pacific, registered a 15.4% year-on-year ...
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Confidence grows for air cargo in Asia
Airfreight volumes on Asia-Europe trade lanes eastbound and westbound are expected to surge in the coming months, according to the latest survey results for the APAC Forwarding Index.Around 54% of survey respondents predicted Asia Pacific air cargo volumes across all lanes will be higher in three months time than at ...
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Appel expects trade to grow despite protectionism
Deutsche Post DHL Group chief executive Frank Appel has outlined the company's financial targets for the year ahead and also voiced his optimism that the rise of protectionism will not hold back trade growth.Speaking at the company's annual general meeting in Bochum today, Appel said the company would aim to ...
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News
Investment in technology the key for airfreight
In a column for Air Cargo News, Dheeraj Kohli, vice president and global head of travel and transportation for Blue Bell-based Unisys Corporation outlines why he believes integration is key for the future of airfreightCompared to many other sectors, transport and cargo has what could charitably be called a conservative ...
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UPS reports revenues growth but operating profits face headwinds
UPS saw revenues increase by 6.2% during the first quarter of the year but fuel costs and currency effects put pressure on operating profits.The US express and logistics giant saw first-quarter revenues increase to $15.3bn from $14.4bn last year, while operating profits declined by 2.4% on a year earlier to ...
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LATAM and Swissport Miami achieve CEIV
Miami International Airport (MIA) is celebrating the development of its pharma community after one airline customer and a ground handler achieved CEIV certification.On April 19, MIA Pharma Hub partner LATAM Cargo became the first airline in America to receive IATA’s Center of Excellence for Independent Validators (CEIV) Pharma certification.Two weeks ...
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NewsLufthansa's cargo segment leads the way as it gets back in the black
Lufthansa’s cargo and logistics business returned to the black at an operating profit level in the first quarter as it led the company to its best performance for the period since 2008.The airline group’s logistics division, which includes Cargo, time:matters and other cargo related shareholdings, saw revenues increase by 18.5% ...
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Accenture to buy Seabury's aviation consulting businesses
Professional services company Accenture is to acquire the aviation consulting businesses of Seabury Group, the New York-based professional services firm focused on the aviation industry.Accenture said that the combination of Seabury’s corporate advisory and consulting businesses, together with the new owner's global capabilities, “will help the world’s leading airlines accelerate ...
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Dachser expands airfreight business in China
Logistics firm Dachser has expanded its airfreight station at Shanghai Pudong Airport Bonded Zone.The Germany-headquartered firm said work on its facility in Shanghai to expand it to 6,000 sq m from 3,000 sq m had now been completed.The expansion allows the company to operate with a two airport gateway strategy. ...