All articles by Air Cargo News (Admin) – Page 341
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Brussels' cargo up in October but Ethiopian move will have "negative" effect
Brussels Airport handled 43,763 tonnes of cargo in October, a 7.3% rise in freight volumes versus the same month in 2014.The maindeck freighter segment showed “particularly strong growth” of 27.1% to 13,295 tonnes, thanks to the arrival of new airlines at the Belgian hub.However, the switch by Ethiopian Airways of ...
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CEVA losses narrow as airfreight volumes decline
Logistics firm CEVA recorded a decline in airfreight volumes during the third quarter of the year, but it did manage to narrow its net losses.The Netherlands-headquartered forwarder, which has been in the process of re-organisation, recorded a 4% year-on-year decline in airfreight volumes during the third quarter of the year ...
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Shippers welcome stricter lithium battery rules
Shipper representatives have welcomed new safety recommendations covering lithium battery air cargo shipments agreed by the Dangerous Goods Panel (DGP) of the International Civil Aviation Organization (ICAO).Two weeks ago, the DGP recommended that lithium batteries should have a state of charge of 30% or less, when carried in shipments on ...
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Lufthansa adds freighter flights to counter strike action
Lufthansa Cargo is deploying extra freighter capacity in order to mitigate the effects of a cabin crew strike taking place today.The strike by the cabin crew has now entered its fourth day and is estimated to be costing Lufthansa at least €10m per day.While the strikes are not affecting Lufthansa ...
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Qatar announces new dedicated pharma routes
Qatar Airways Cargo has announced the launch of two new dedicated pharma routes from India to Doha as it looks to capitalise on industry growth in the Middle East.The first new Pharma Express route will commence on November 10 and will operate from Mumbai via Ahmedabad to Doha on Tuesdays ...
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Cargojet records another loss despite Canada Post contract
Cargojet has reported an upsurge in third-quarter revenues as a result of its new Canada Post contract, but the increased business failed to help the airline return to profit.The Canada-based airline recorded a 59.5% year-on-year increase in third-quarter revenues to C$75.3m thanks to the Canada Post contract which started in ...
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FTA: Invest in Belfast or lose air cargo to rivals
The UK’s Freight Transport Association (FTA) has called for investment in an enterprise zone and road improvements at Belfast International Airport to encourage investment and prevent it losing air cargo volumes to competitors.The FTA argues that Belfast is the third largest handler of air freight in the UK outside of ...
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Middle East aircraft fleet to treble by 2034 says Airbus
Airbus forecasts that by 2034 the fleet of passenger and freighter aircraft in the Middle East region will almost treble from nearly 1,100 today to over 2,950.The European aircraft manufacturer said that traffic in the Middle East will grow at 6.0%, well above the world average 4.6%, over the next ...
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Etihad adding two B777 freighters
Etihad Airways has exercised its options on two Boeing 777 freighter aircraft, making the announcement on the opening day of the Dubai Air Show.The freighter options, with a list price value of $637m, were part of UAE national airline’s $67bn mixed fleet order for 199 aircraft in 2013.The additional freighter ...
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Special report: Fast thinking will get air cargo aid to where it’s needed
Rapid decision making by aid agencies and the airfreight industry is the key to getting aid cargo to the people that need it during humanitarian crises.“Airports can get congested quite quickly and we need to ask how we can make faster and smarter decisions,” said David Quinn, logistics movement officer ...
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Gunning to become chief financial officer at British Airways
Steve Gunning, the current chief executive of IAG Cargo, will become chief financial officer at British Airways in April next year, replacing Nick Swift who is leaving the airline to pursue other opportunities.Gunning will work with Alex Cruz, who is replacing Keith Williams as chairman and chief executive of British ...
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Big names line up for ACN pharma conference
Air Cargo News’ Life Sciences and Pharmaceuticals Air Cargo Conference has again attracted a top level line-up of industry speakers to debate issues affecting the international supply chain.Conference programme: click here...Hear from:Five of the world’s leading pharmaceutical manufacturersThree of the world’s leading temperature-controlled solution providersThree of the world’s largest airlinesTwo ...
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ATSG revenue increase in third quarter
Air Transport Services Group (ATSG), the medium wide-body freighter aircraft lessor, saw third quarter 2015 revenues increase 3% to $142.3m, including a 6% increase in freighter aircraft leasing revenues.Excluding revenues from reimbursements, third-quarter 2015 revenues increased 6% for the US-based lessor.Joe Hete, president and chief executive of ATSG, said: “We ...
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Air cargo security regulations create consistency concerns
The executive director of the US Air Forwarders Association (AFFA) has said that a lack of co-operation between agencies that will implement new US air cargo security regulations is a concern for the industry.Speaking during a panel debate on reducing supply chain risk at the Air and Sea Cargo Americas ...
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Miami targets pharma as it gains IATA recognition
Miami International (MIA) is the first US airport to become an IATA pharma hub as it looks to continue to grow pharma volumes which have more than doubled over the last five years.The Florida airport announced it had achieved the certification at the Air & Sea Cargo Americas event in ...
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High value cargo helps push Viracopos revenues despite demand decline
The struggling Brazilian economy has caused a double-digit decline in cargo volumes at Viracopos airport but despite this it has still managed to increase revenues thanks to growth in high value cargo.Speaking at the Air and Sea Cargo Americas event in Miami, Viracopos Aeroportos-Brasil presidential advisor cargo business Adam Cunha ...
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Atlas Q3 loss reflects debt reduction, repeats strong outlook for full year
US freighter aircraft lessor Atlas Air Worldwide (AAW) reported a net 2015 third quarter loss of $12.8m as it refinanced higher cost debt, but repeated its strong outlook for the fourth quarter and full year.Atlas expects airfreight to grow at “a reasonable rate” in 2015 despite tougher year-over-year monthly industry ...
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Emirates bucks cargo trend with 10% volume surge
Dubai’s Emirates Skycargo outpaced the airfreight market with a 10% rise in volumes to 1.25m tonnes during the first six months of the financial year.Emirates Group, which includes ground handler dnata, described the airline cargo figures from April to September as “a solid performance that continues to buck the market ...
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Singapore narrows cargo losses
Singapore Airlines’ cargo division (SIA Cargo) narrowed its operating loss from $34m to $12m in the first half of the financial year from April to September.Cargo yield declined by 8.5% during the six month period, largely due to lower fuel surcharges, while freight carriage was “flat”, resulting in lower revenue, ...
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Pharma, it's good to talk
Poor communication about the evolving processes and regulation for air cargo’s pharmaceutical supply chain is leaving the airfreight community frustrated.“Everything is connected but when shippers, ground handlers, freight forwarders and carriers work together they often do not speak the same language,” said Stavros Evangelakakis, global product manager of European freighter ...