All articles by Air Cargo News (Admin) – Page 262
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News
Jettainer to take over ULD management for Brussels Airlines
Brussels Airlines has appointed Jettainer as the new service provider to manage its unit load devices (ULDs) and pallets from the Spring of 2017.Belgium's largest airline currently outsources its ULD management to another provider and is now switching to Jettainer, which has set up a ULD controller at Brussels Airport, ...
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IAG Cargo Q3 volumes up but revenues and yields down
IAG Cargo saw third quarter 2016 commercial revenues fall by 7% to €240m compared with the like period 2015.Adjusting the prior year's figures to reflect a directly comparable operation, commercial revenue decreased 6.5% versus last year at constant exchange.The airfreight arm of British Airways, Iberia, Vueling and Aer Lingus saw ...
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Pebble-dash
British Museum partner IAG Cargo has just moved 50 high profile works for the South Africa: The Art of a Nation exhibition.The rare items travelling under the carrier’s Secure ultra-high-security service included not only the Mapungubwe Gold objects from the collections of the University of Pretoria but the celebrated Makapansgat ...
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Sky-high fry-up
Luxury air charter firm Acropolis Aviation recently sent its cabin crew to cookery school not in France, or Italy, but to the small Irish seaside town of Dungarvan, in County Waterford.It’s the home of award-winning cookery school, Tannery, of chef Paul Flynn who is about as far removed from the ...
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Asia air cargo – so far so good
There was a continued uptick in air cargo during September, although the future is clouded, says the Association of Asia Pacific Airlines (AAPA). Provisional figures show a further improvement with 5.3% growth in freight tonne kilometres (FTKs), despite prevailing weak trade conditions.The average international freight load factor increased marginally, by ...
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Air Cargo Forum: New pharma group hopes to double shipper supporters over coming months
Brussels Airport and Miami International Airport have set up a new pharma organisation to improve handling and quality worldwide and expect to double the number of shipper participants over the coming months.Pharma.Aero will focus on shippers and all industry stakeholders who embrace the IATA CEIV programme. Members will foster route ...
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Air cargo industry digs deep to help conflict zone kids
Coyne Airways and Air Charter Service (ACS) are backing the War Child charity which supports youngsters affected by conflict.Family-run Coyne and ACS will donate an agreed amount per transaction on behalf of their customers, starting from next month and customers can match the donation on a quarterly basis.“The air cargo ...
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E-commerce growth creates regulatory challenges
The growth of e-commerce may have provided the air cargo industry with a boost but also presents many challenges on the regulatory front.At the TIACA Air Cargo Forum event in Paris, speakers from the World Customs Organization (WCO) and Tiaca outlined the problems created by shipments coming from unknown shippers.WCO ...
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Good REDdance
Yes, it’s that time of year again when airlines vie with each other to ship the first consignment of Beaujolais Nouveau overseas.Lufthansa Cargo appears to be the first off the mark with a press release on the subject (perhaps they deserve some sort of prize?) with the news that 700 ...
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UPS shrugs off international airfreight woes and pension payments
UPS has revealed a 3.6% increase in third-quarter earnings at $1.44 per share, compared with the same period last year. International operating profit increased 14% to $576m, the seventh consecutive quarter of double-digit growth, said the express logistics company.Total reported revenue was $14.9bn, up 4.9% over the same quarter last ...
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Profits may have peaked, say airline bosses
Profitability in the industry may have peaked, according to IATA’s quarterly business confidence survey of airline chief financial officers and heads of cargo.When surveyed in early October, they reported that profitability was unchanged in the third quarter of 2016 compared to the same period a year ago and also that ...
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TAC airfreight rate index expands into Europe
TAC Index, the provider of air cargo price trend indices on major routes, is to start publishing airfreight data from Germany.After launching earlier this year in Hong Kong, the TAC Index is now expanding, with its first indices in Europe.The index providers will start publishing data from Monday October 31, ...
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Perishables are the commodity to watch for air cargo over the coming years
Perishables are the commodity to watch for air cargo over the coming few years while demand from the high tech industry has tailed off.Speaking at a panel discussion during Tiaca’s Air Cargo Forum in Paris, Seabury Group senior vice president Marco Bloemen explained that in 2016 the volume of laptops ...
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Air Partner delivers urgent aid to Haiti
Air Partner has delivered 40 tonnes of urgent aid to Haiti on behalf of the International Federation of Red Cross and Red Crescent Societies (IFRC) to support the victims of Hurricane Matthew.The shipment included hygiene kits, buckets, tarpaulins, shelter tool kits and kitchen sets for around 1,000 families.Air Partner arranged ...
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The Range is at home with DHL
DHL Global Forwarding has been working with homeware retailer The Range to enhance its import supply chain. Based in the UK, The Range has enjoyed rapid growth in demand for its 65,000 product lines and has asked the forwarding arm of the Deutsche Post group to develop a robust, scalable, ...
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Capacity flood threatens profitability, warns IATA
Flooding-in of capacity, weak trade, lower yields and rising fuel costs are the key risks for air cargo profitability, said IATA in its latest quarterly Cargo Market Analysis.While the outlook for trade is sluggish, with global economic growth expected to decelerate in 2016, an expansion in export orders and strong ...
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Air Cargo Forum: Shippers and airlines pledge to raise air cargo’s game
The Global Shippers Forum (GSF) signed a memorandum of understanding with IATA interest group Cargo iQ to improve quality in the industry at TIACA’s Air Cargo Forum in Paris.The two partners pledged to implement the Cargo iQ quality management system and promote sustainability in airfreight.The MoU outlines six areas where ...
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TIACA set to open the Air Cargo Forum 2016
TIACA’s biennial Air Cargo Forum (ACF) in Paris will open on October 26 and is expected to welcome more than 3,000 industry decision makers and more than 200 exhibitors to network and discuss current industry trends and challenges.As well as the wide range of exhibitors, the event also features a ...
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New runway is affordable with care, says analyst
The estimated £20bn price-tag for Heathrow’s third runway can be met without massively indebting the airport’s owner, provided it is managed carefully and supported by shareholders says credit analyst Standard & Poor (S&P).The scheme can be financed without affecting Heathrow's credit ratio, it argues. While the debt will be considerable, ...
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Air Cargo Forum: TIACA says cooperation is key to air cargo’s future
Industry and regulators pledged to work more closely to make air cargo safer and more reliable at TIACA's Air Cargo Forum in Paris.TIACA secretary general, Doug Brittin, and his counterparts at the International Civil Aviation Organization (ICAO) Dr Fang Liu, and the World Customs Organization (WCO), Sergio Mujica, also said ...