All articles by Air Cargo News (Admin) – Page 303
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News
Freight Transport Association backs Heathrow expansion call
The UK’s Freight Transport Association (FTA) says that a call by the Transport Committee to stop putting off the decision to expand Heathrow Airport echoes a request it made 12 months ago.In a report published today, the committee backed expansion at Heathrow, following on from a similar call by the ...
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Halonen is forwarder’s Mr Multimodal
Swedish-based forwarder Greencarrier Freight Services has promoted Jarmo Halonen to chief operating officer, with combined responsibility for the air, ocean, road and rail freight activities.This is the first time the four modes have been brought under the control of one director.Halonen, formerly group director road freight, says: "We felt that ...
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Meeting of minds in Miami
Representatives from Tokyo Narita International Airport met their opposite numbers at Miami-Dade Aviation Department officials at the US city’s international airport on April 28 to learn about cargo operations and redevelopment plans.Miami is the busiest US airport for international freight and tenth in the world - the only US airport ...
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Mixed first quarter fortunes for Frankfurt
Frankfurt airport operator Fraport said it had mixed financial results in a challenging business environment in its interim report for the first quarter of 2016.With passenger traffic still growing - up 3.3% year-on-year, Fraport achieved higher revenue from airport and infrastructure charges as well as from aircraft handling, but this ...
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NewsChina Southern, Air China and SIA see cargo return to growth in March
There was a slight improvement in the fortunes of some of Asia’s largest cargo carriers in March as three airlines saw demand increase against last year, but declines were registered at a further four companies.The region’s largest cargo carrier Cathay Pacific saw demand decrease by 4.1% year on year in ...
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Freighter conversion frenzy continues with Automatic order
Aeronautical Engineers, Inc (AEI) has signed a contract with US and European leasing company Automatic for two 11-pallet-position B737-400SF freighter conversions.Both aircraft were built in 1993, are standard gross weight and the work will be carried out by AEI's modification and repair specialist Commercial Jet at its Miami facility.The aircraft ...
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New freight director for Air Partner
Aviation services group Air Partner has appointed Mike Hill as director of freight for the group.He joined the company in 2007 when he set up Air Partner’s freight office in Germany from scratch and, in 2014, was promoted to regional freight director – Europe.He will continue to be based at ...
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Transport committee backs Heathrow expansion and urges UK government to avoid further delays
The UK transport committee has backed the expansion of Heathrow airport and warned that any further delays in making a decision could result in lost growth.A Transport Select Committee today issued a report on its investigation into airport expansion in the UK.The committee backed expansion at Heathrow, following on from ...
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Berlin’s new airport nightmare refuses to go away
In the latest twist in the saga of Berlin’s new airport, prosecutors are investigating reports that an engineer working on Berlin's troubled new Brandenburg airport was poisoned for whistleblowing.According to German media, the man, aged about 50, had been threatening to lift the lid on payments paid to officials involved ...
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Revenue and ton-miles on the slide at US carriers
Cargo revenue at United Airlines was sharply down in the first quarter of 2016 compared with the same period last year.At $194million, it was 19.8% below the $242m realised in the same period in 2015.Cargo ton-miles (CTM) fared slightly better; at 622m CTM, traffic was only 6% down on the ...
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CEVA profits stay strong despite soft market
Logistics firm CEVA says it maintained profitability in the first quarter of 2016 despite “market headwinds” that continue to affect all industry players.Excluding currency factors, revenue dropped 5.3% from $1.7bn in first quarter 2015 to $1.6bn during the same period this year as a result of rate decreases.Earnings were up ...
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Qantas to fly six-strong postal freighter fleet
Qantas Freight has revamped its domestic Australia Post network by dedicating five of its ten-strong freighter fleet to the service and will also soon take delivery of a B737-400 freighter for the exclusive use of the operation.Currently, Qantas operates ten domestic freighters across Australia - four B737-300CF, four BaE146 and ...
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China green light for FedEx-TNT deal
FedEx Corporation and TNT Express have said that they have obtained the unconditional approval of China’s Ministry of Commerce (MOFCOM) for their merger.With one of the last remaining hurdles to the deal surmounted, the two express companies say that the offer condition with respect to competition clearances has now been ...
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Lufthansa's cargo division records first quarter ebit loss
Lufthansa’s cargo business returned to the red during the first quarter of the year as overcapacity and weak demand took their toll on the business.The Lufthansa Logistics business, which includes the cargo division, ULD specialist Jettainer and its Aerologic investment, saw first-quarter revenues drop by 21.8% year on year to ...
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Raya gets new chief executive
Asian cargo airline Raya Airways has announced the appointment of Lee Shashitheren as its new executive director and chief executive.Lee, former commercial director of Raya Airways, has more than 20 years’ experience in the cargo airline business and takes over from the former managing director Mohamad Najib Ishak, who resigned ...
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Dachser revenues benefit from exchange rate gains
Logistics firm Dachser's Air and Sea Logistics business saw revenues climb by 8% last year to €1.6bn.The German company said the increase in revenues was largely thanks to exchange rate gains, with tonnage experiencing “anaemic growth”.“From this you can see that, as in Road Logistics, we will not lower our ...
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Air France KLM achieves IATA pharma certification
Air France KLM Martinair Cargo has achieved IATA pharma certification for four areas of its business and claims that customers are increasingly demanding the credential before they will engage with airlines.The Franco-Dutch airline group achieved IATA Centre of Excellence for Independent Validators Pharma (CEIV) certification in February this year.The four ...
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UPS hits earnings record in first quarter
UPS earnings per share jumped 13% in the first quarter of 2016, with growth across all main segments of its business. US domestic and international small packages drove the US-based express logistics firm to a record first quarter, with international operating profit up 15% to $574 million.Total revenue was up ...
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Load factors fade but profits up at Air China
Air China reported cargo capacity up by almost 11% to 3.157 billion available freight tonne kilometers (AFTK) in the first quarter of 2016 but with cargo traffic up only 4.25%, to 1.556 billion AFTK load factor fell 3% to 49%, year-on-year.Otherwise, the airline reported steady progress in the face of ...
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ACS chief hails ‘brilliant’ year for cargo
Air Charter Service’s cargo department had “a brilliant year” in 2015, said chairman Chris Leach. Announcing a 10% increase in turnover, to just over US$480 million, and a 28% increase in gross profit to US$60.2m (year ending 31 January 2016) for the group as a whole, cargo charters were buoyed ...