All articles by Air Cargo News (Admin) – Page 235
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News
IATA memo to Trump: cut aviation taxes and return to the principles of deregulation
In a Washington policy speech aimed primarily at the new US administration of President Trump, IATA’s top boss has urged governments to support the vital role aviation plays in connecting people and commerce around the globe.“Our world has grown much wealthier through trade and travel. Air travel liberates people to ...
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West Atlantic revenue fall in 2016 but gains Royal Mail contract
Sweden's West Atlantic cargo airline saw 2016 full year revenues down by 6.3% to SKr1.3bn ($145.6m), due partly to the loss of a five-aircraft contract with Swedish NMO PostNord at the end of 2015.Full year 2016 earnings before interest, tax, depreciation and amortisation (ebitda) amounted to SKr127.5m down by 28.3% ...
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Double-digit airfreight growth for Panalpina but profits take a hit
Panalpina recorded a double-digit improvement in air cargo volumes last year but rate hikes in the second half of the year put pressure on profits.The Switzerland-based freight forwarder saw 2016 revenues decrease by 11.3% year on year to SFr5.2bn ($5.1bn), while operating profits were down 30.1% to SFr82bn and net ...
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Cargolux looks to add new African destinations
Cargolux is looking to add new destinations to its network in Africa and is hoping that demand to and from the continent will pick up this year after a tough 2016.The carrier’s regional director for Africa, Jonathan Clark, told Air Cargo News that the airline was looking to diversify its ...
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Majority stake in Hahn airport sold to HNA of China
Germany's Rheinland-Pfalz state has confirmed that its majority shareholding in Frankfurt-Hahn airport will be sold to HNA Airport Group of China.A press conference and an official signing ceremony will be held later today (March 2) to provide further details.The state's 82.5% stake in Frankfurt-Hahn has been up for sale for ...
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Volumes up in January despite Chinese New Year effects
Chinese New Year affected airfreight demand in January, but nonetheless volumes improved during the month compared with a year earlier.The latest figures from analyst WorldACD show that air cargo demand in weight terms improved by 4.9% year on year in January, with the origins Asia Pacific and North America registering ...
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IAG Cargo and Exelsius hold sixth GDP workshop
IAG Cargo and Exelsius Consultancy recently held the sixth in their series of international Good Distribution Practices (GDP) Academy workshops, this time in Mumbai – the second time the Academy has visited India.Attended by students from 15 companies, the two-day course offered a combination of both classroom and practical training ...
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NewsMixed results for airfreight rates in February
Airfreight rates on services from Hong Kong to Europe and Hong Kong to the US continued to decline in February, while there was an improvement on services between Frankfurt and North America.The latest figures from TAC Index show that average airfreight prices on services from Hong Kong to the US ...
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IAG Cargo appoints new chief financial officer
IAG Cargo has appointed Lewis Girdwood, who joins the business from EasyJet, as chief financial officer.Girdwood has more than 25 years of financial experience and previously worked as EasyJet's head of financial planning and analysis. He replaces Sarah Nichol who has taken some time out for a sabbatical.His role at ...
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K+N targets acquisitions as profits reach record levels
Kuehne+Nagel (K+N) will look to make "selective acquisitions" after it managed to increase airfreight volumes ahead of market growth levels last year and overall earnings reached record levels.The Switzerland-based freight forwarder saw 2016 total group revenues decrease by 1.5% year on year to SFr20bn, while net earnings for the year ...
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Budapest on the double for integrators
Budapest Airport is set this summer to complete the handover of two new buildings for the Hungarian hub’s integrator customers.The total area of the two under-construction logistics bases exceeds 16,000 sq m and will accommodate a growing express cargo segment for Budapest, with several flights a day.DHL Express currently operates ...
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Asia-Pacific and Middle East airports enjoyed 2016 cargo boost
Asia-Pacific and Middle East airports continued their “overall growth trajectory” for airfreight volumes in 2016, according to December and full year regional statistics released by Airports Council International (ACI).Cargo throughputs at airports in Asia-Pacific and Middle East grew 10.9% and 10.4% respectively in December 2016, with full year increases of ...
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Delta dashes for US same day delivery
US carrier Delta Cargo has launched DASH Critical & Medical, a fully GPS-enabled same-day product for the US domestic market which will be extended to the international sector later this year.The new service, with distinctive pink packaging, provides real-time tracking and monitoring of any eligible shipment, and customers can ship ...
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E-AWB penetration down in January
The latest figures from IATA show that electronic air waybill (e-AWB) penetration declined in January compared with December.The latest e-AWB statistics show that penetration slipped to 48.5% in January compared with 49.2% in December last year.The volume of e-AWBs processed down in the month, with the industry using 639,582 e-AWBs ...
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Ed Force One helps ACS to a record year for contracts
Air Charter Service (ACS) arranged almost 12,500 contracts in 2016, making it a record year for the UK-based aircraft broker.Group chief executive Justin Bowman said: “In total we completed 12,462 contracts in 2016, an average of more than 34 every single day of the year, and an 11% increase on ...
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Aviance Ghana opts for Kale Logistics software
Ground handler Aviance Ghana has signed up to use Kale Logistics Solutions’ web-based airport cargo management system.Kale said that its Galaxy system has helped Aviance Ghana to achieve 100% electronic data interface compliance, thereby eliminating manual interventions, excessive paper work and bringing business visibility.The system integrates with Aviance Ghana’s website ...
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IAG Cargo to embrace technology with new customer portal and WMS
IAG Cargo will look to further embrace technology to create efficiencies and improve its product offering in the year ahead in order to offset the current market conditions.Speaking shortly after the carrier revealed its 2016 full-year results, IAG Cargo chief executive Drew Crawley and head of commercial David Shepherd revealed ...
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NewsDHL's green award for Lufthansa Cargo
German airline Lufthansa Cargo has been named a ‘preferred carrier’ by DHL Global Forwarding and presented with a GoGreen carrier certificate.Rather like the Michelin Star system for restaurants, Lufthansa Cargo has been awarded with four “green aircraft” by the German-based logistics giant for its environmentally-friendly performance.Lufthansa Cargo was the only ...
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Virgin Atlantic Cargo to add new US destinations
Virgin Atlantic Cargo will offer space on a new daily service from London to Seattle and extra flights from Manchester to the US.Seattle joins the airline’s network on March 26 — flying from Heathrow — and Virgin has high hopes for the route.Virgin Atlantic senior vice president, cargo, John Lloyd ...
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NewsAsia Cargo Monthly: Slow start to the year for Asian carriers
It was a slow start to the year on the cargo front for airlines based in the Asia region, with only China Airlines and Eva Air recording significant improvements in demand.While only two of the region’s airlines managed to continue to grow at the levels recorded towards the end of ...