All articles by Air Cargo News (Admin) – Page 317
-
NewsAirport insight: 2015 cargo results
Global: Hong Kong still top of the hubsHong Kong looks set to remain the top air cargo airport for 2015 despite a near static performance with only a 0.1% rise in freight volumes to 4.4m tonnes. US integrator hub Memphis, number two in 2014, has still to report its full-year ...
-
News
Expanding ASL signs up for three 737 conversions
ASL Aviation has signed up for three freighter conversions from Aeronautical Engineers Inc (AEI) following on from raising $110m late last year.AEI will provide the Dublin-based firm with three 11 pallet position B737-400SF freighters in May, June and July of this year.ASL already lists 12 of this aircraft type in ...
-
News
LATAM cargo revenues go south
Cargo revenues at South America’s LATAM Airlines Group dropped by 26.8% in the final quarter 2015, driven by a 13.4% decline in cargo traffic and a 15.4% decline in cargo yields over the like period in the prior year.The Chilean-headquartered carrier stated: “During the quarter, cargo demand remained weak, especially ...
-
News
UK issues new cargo handling measures on flights from Dhaka International Airport
Recent security assessments of Dhaka International Airport found that "some international security requirements were not being met", said the UK Department for Transport on its website.It added: "As part of a set of interim measures, cargo will not be allowed on direct flights from Dhaka to the UK until further ...
-
News
US lessor ATSG reports "outstanding" 2015
US-based Air Transport Services Group (ATSG), a lessor of mid-size freighters, saw fourth quarter 2015 revenues increase 15% to $181.6m and by 5% to $619.3m for the full year.Joe Hete, president and chief executive of ATSG, said: “2015 was an outstanding year for ATSG, as our principal midsize freighter leasing ...
-
News
Cathay cargo revenues fall 9% in 2015
Cathay Pacific’s group cargo revenue fell 9% in full year 2015 to HK$23.1bn, reflecting a reduction in fuel surcharges due to lower fuel prices.The Hong Kong-based combination carrier said: “Air cargo demand, which came under pressure during the second quarter of the year, remained weak in the second half.”Cargo capacity ...
-
News
DHL forwarding looks to a better year ahead after a 'transitional' 2015
DHL Global Forwarding is hoping a new IT system will help improve performance in 2016 after it recorded declines in airfreight volumes, revenues and an earnings before interest and tax loss (ebit) in 2015.Deutsche Post DHL’s Global Forwarding, Freight division recorded a 0.2% decline in revenues to €14.9bn, while ebit ...
-
News
Aloha to Unisys' Cloud-based system
Aloha Air Cargo and Northern Air Cargo have selected cloud-based Unisys systems to replace their legacy software.Northern Air Cargo is based in Anchorage, Alaska, and Aloha Air Cargo is based in Honolulu, Hawaii.Both are operating companies within Anchorage-based Northern Aviation Services, a new client for Unisys.Unisys Logistics Management System (LMS) ...
-
News
Could Brussels Airport win back Ethiopian Cargo?
Brussels Airport has revealed that it is hoping to lure back Ethiopian Cargo’s freighter services after the airline was was forced to move to Dutch hub Maastricht-Aachen in November because of traffic rights.In its monthly traffic update, the Belgian airport revealed that thanks to the amendment of a bilateral agreement ...
-
News
Another tough month for Latin American air cargo carriers
Air cargo volumes carried by South and Central American airlines continued to decline in January, but the speed at which demand has slipped did slowdown.The latest figures from the Latin American and Caribbean Air Transport Association (ALTA) show that overall cargo demand declined by 1.2% year-on-year in January to 374m ...
-
News
An Irish welcome awaits at FIATA's World Congress 2016 in Dublin, October 3-8
Dublin will play host to more than 1,000 freight forwarders later this year when the global industry association, FIATA, holds its annual World Congress at the Convention Centre Dublin, October 3-8, 2016.In addition to the social programme, the congress coincides with FIATA’S 90th Birthday. Founded in 1926, FIATA now represents ...
-
NewsCargojet sees revenues soar but losses deepen
Cargojet’s revenues saw double-digit growth in 2015 thanks to its Canada Post contract win, but this wasn’t enough to stop the airline recording a full-year loss.The Canadian airline recorded a 50.2% year-on-year increase in 2015 revenues to C$289m, while earnings before interest, tax, depreciation and amortisation (ebitda) jumped by 552.8% ...
-
News
TIACA creates new shipper advisory group
TIACA has created a new Shippers’ Advisory Committee to be chaired by Lars Droog of Tosoh Corporation.The new group aims to make improvements to the air cargo supply chain with the interests of the shipper in mind.“The voice of the shipper is all too often missing from the global conversation ...
-
NewsAir cargo demand continues to grow but yields to remain under pressure
Airfreight demand continued to show an improvement in January, but is wasn’t enough to stop load factors declining and therefore yields are likely to remain under pressure.The latest figures from IATA show that demand in January increased by 2.7% year on year, which continues the improvements witnessed towards the end ...
-
News
Sao Paulo-Guarulhos airport offers incentive programme for all-cargo operators
Sao Paulo-Guarulhos (GRU) airport is offering new all-cargo operators a 100% landing fee exemption for a year as long as they meet certain criteria.The Brazilian airport said that as part of its GRU Incentives Program, cargo-only operators would be exempt from landing fees from March 27 of this year to ...
-
News
Air France KLM to roll out new temp-controlled transporters in Mexico and LA
Air France KLM will roll out its new airside temperature-controlled transporters in Los Angeles and Mexico.The Franco-Dutch airline has developed the new Kold Kart transporters to try and solve the issue of temperature fluctuations during ramp handling operations.Forwarders and shippers have long complained that their sensitive pharmaceutical shipments face temperature ...
-
News
European court upholds €169m in fines against forwarder cartels
The General Court of the European Union has upheld fines totalling €169m imposed by the European Commission against freight forwarders participating in an air cargo cartel between 2002 and 2007.A number of the companies – including Kuehne + Nagel (K+N), Panalpina and CEVA – applied the General Court for the ...
-
News
Volga-Dnepr performs another spacecraft component transport
Volga-Dnepr Airlines has transported another item that will be used as part of the ExoMars mission organised jointly by the European Space Agency and the Russian space agency, Roscosmos.The Russian airline transported a 16-ton Breeze-M booster from Moscow to Baikonur on an An-124 freighter in preparation for the space vehicles’ ...
-
News
Shannon welcomes mares to Irish stud hub
Shannon Airport welcomed six thoroughbred mares in what was the first transport of horses on a scheduled freighter flight into the Irish Republic gateway, with Turkish Airlines Cargo.Patrick Edmond, managing director of the International Aviation Services Centre and Shannon Group strategy director, said that Shannon intends to capitalise on the ...
-
News
Air France-KLM cargo boss Bram Gräber to join maritime group Boskalis
Air France-KLM cargo boss Bram Gräber is stepping down to join Netherlands-based Royal Boskalis Westminster as group director maritime services for its offshore energy division.Gräber was appointed temporary executive vice president of Air France KLM Cargo in March 2015, following the departure of chief executive Erik Varwijk.Gräber will leave Air ...