All articles by Air Cargo News (Admin) – Page 318
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News
Kuehne+Nagel expects new lithium battery regulations to push up supply chain costs
Kuehne+Nagel (K+N) is expecting the new lithium-battery regulations to add cost to air cargo supply chains, while it also provided its thoughts on the potential impact of Amazon starting its own logistics operations.Speaking shortly after announcing its results for 2015, the Switzerland-based forwarder gave its thoughts on new regulations banning ...
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Air Europa renews ULD deal with CHEP
Spanish airline Air Europa has renewed its contract with ULD service provider CHEP Aerospace Solutions.This deal will see CHEP continue to provide ULD pooling to Air Europa, while also converting 770 containers to CHEP's lightweight units.Air Europa Handling contract manager Mauro Rodriguez said: "We have built a strong relationship with ...
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Lufthansa Cargo to sell capacity on Eurowings' new long-haul operations
Lufthansa Cargo will begin to sell the belly space of sister company Eurowings’ recently launched long-haul flights.Lufthansa Cargo said it would begin selling the space on Eurowings’ flights from Cologne/Bonn to the Caribbean (Varadero, Cancun, Dominican Republic) and Thailand (Phuket, Bangkok) from March 27.Eurowings is in the process of expanding ...
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Queuing for Cuba: US carriers submit applications for services to Cuba
The three major US airlines have all now submitted their applications to start scheduled services to Cuba.Late last night, United Airlines, Delta Air Lines and American Airlines confirmed they had submitted their applications to the Department of Transport.Delta hopes to offer flights from Atlanta and JFK with the Boeing 757-200, ...
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NewsK+N sees profits and airfreight demand climb in 2015
Switzerland-based freight forwarder Kuehne+Nagel managed to improve profitability last year despite revenue declines, while airfreight volumes jumped in a “stagnant” market.The company saw revenues decline by 4.4% year on year in 2015 to Sfr20.3bn, earnings before interest, tax, depreciation and amortisation increased 3.6% on the previous year to Sfr1bn and ...
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Lufthansa Cargo and United still "developing the details" of partnership plan
Lufthansa Cargo and United Airlines are still ironing out the commercial details of their planned tie-up on the transatlantic.Lufthansa Cargo board member responsible for product and sales Alexis von Hoensbroech said the two airlines have yet to sign a contract.He added that the two companies had a "joint idea of ...
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Turkish Airlines sees cargo revenues slide despite improved demand
Turkish Airlines recorded a decrease in revenues generated by its cargo division despite an increase in demand.For the full-year 2015, Turkish Airlines recorded a 3.9% year-on-year decline in cargo revenues to $935m, with both its bellyhold and freighter services contributing towards the decline.Meanwhile, its cargo and mail traffic climbed by ...
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Alaska Air Cargo changes pricing structure
Alaska Air Cargo is the latest airline to change its pricing model by cutting the number of surcharges.From today, the US airline’s new pricing structure will see its two current surcharges rolled into its base rates and customers will now only be charged by freight weight and a single screening ...
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Bombardier to work on Q300 passenger to freighter conversion
Canadian plane maker Bombardier and Québec-based Air Inuit are working together on a large cargo door passenger-to-freighter conversion for a Q300 large cargo door (LCD) turboprop aircraft.The converted Q300 aircraft is expected to have a cargo capacity of 12,500lbs (six tonnes) with an optimised cargo door. The aircraft will accommodate ...
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Oman Air makes Smart move
Oman Air has chosen SmartKargo to manage its airfreight sales and operations from June 2016. The Cloud-based cargo platform provides electronic air waybills along with pricing and ratemaking services.Oman Air’s chief sales officer, Mahfood Al Harthy said the attraction of SmartKargo was rapid deployment without having to spend on infrastructure, ...
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NewsForwarder CEVA narrows losses while revenues slide
Freight forwarder CEVA saw revenues decline last year, while earnings before interest, tax, depreciation and amortisation (ebitda) increased and net losses narrowed.The European forwarder saw revenues decline by 11.5% year on year to $7bn on the back of currency effects. With exchange rate differences stripped out of the result, revenues ...
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No more horsing around: Qatar to fly 118 show jumping and dressage horses
Qatar Airways Cargo will this week transport 118 show jumping and dressage horses from Liege to Doha to take part in the CHI Al Shaqab international equine event.Three chartered Boeing 777 freighters equipped with air stables will carry the horses and a team of almost 90 vets and grooms to ...
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Management appointments for Shipco Airfreight, Asia
Shipco Airfreight, a neutral wholesaler and consolidator, has strengthened its management team after opening a further two airfreight offices in Asia.Dennis Bey has been appointed as general manager airfreight, north east Asia. Bey, who has been living in Shanghai for seven years, comes to Shipco Airfreight from Fiege, where he ...
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Qatar Airways' cargo tonnages soar by 37.5% in 2015
Qatar Airways Cargo saw a 37.5% surge in tonnages during full year 2015, citing a combination of “fleet and network expansion, creative interline agreements and by deploying capacity on expanding or untapped markets”.The Doha-hubbed airline increased its cargo volumes from 1,104,000 tonnes in 2014 to 1,520,000 tonnes in 2015.The combination ...
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Etihad’s horse sense with B777 freighter fleet additions
Abu Dhabi-based Etihad Cargo has taken delivery of a new Boeing 777 freighter, with a second such aircraft due to arrive in March.Both freighters, with a combined list price value of $637m, will come equipped with nine seats, allowing the Middle East airline to carry additional grooms as part of ...
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Mumford takes on BACA chairmanship
Richard Mumford, head of aviation at leading national law firm Stevens and Bolton, has been appointed the new chairman of the Baltic Air Charter Association (BACA).Mumford succeeds Tony Coe, who served as chairman for three years. He formally begins the role on March 17. Volker Meissner will continue to serve ...
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NewsPanalpina sees airfreight demand slide on automotive and oil weakness
Lower demand in the oil and gas and automotive industries caused a decline in Panalpina’s airfreight tonnage last year, while overall revenues took a dive but net profits increased.The Switzerland-based forwarder recorded a 12.7% year-on-year decline in revenues in 2015 to Sfr5.8bn, earnings before interest and tax (ebit) crept up ...
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Boardroom reshuffle at West Atlantic
A major boardroom reshuffle has taken place at Sweden’s West Atlantic, the Gothenburg-based freighter lessor and operator.The carrier said that the decision, which saw five board members resign, came after the shelving of a project to “explore the possibility of a listing of the shares on Nasdaq Stockholm”.West Atlantic added: ...
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India and Europe the bright spots in difficult start to the year
Worldwide air cargo demand started the year slowly with only a slight increase in volumes recorded, but there was better news from Europe and India.In its monthly market analysis, WorldACD said there was “little to cheer” in January as global air cargo volumes increased by just 0.3% compared with a ...
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India develops new aviation policy as it gears-up for 'Make in India' campaign
India’s air cargo throughput is expected to more than double over the next 15 years as the government implements several supply chain improvements as part of its ‘Make in India’ campaign.Speaking at the Air Cargo India event in Mumbai, Renu Singh Parmar, senior adviser at the Ministry of Civil Aviation ...