All articles by Air Cargo News (Admin) – Page 343
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News
Demand picks up pace for Asian airlines in September
Asian airlines saw air cargo volumes begin to pick up in September ahead of the peak season, but continued to report declining airfreight load factors.The latest monthly figures from the region’s leading airlines show that five of the seven carriers that provide monthly figures saw utilisation levels decrease compared with ...
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Global competiveness gong for Volga-Dnepr
Volga-Dnepr Group has won the Global Competitiveness award at the XI Annual Big Business Forum: “Who Creates Russia’s Economy”, organised by Expert RA, the leading Russian rating agency.The awards ceremony in Moscow was based on the results of Expert RA’s annual analysis of Russia's Top Companies which, for the first ...
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FedEx predicts record seasonal shipments surge
FedEx predicts that it will move a record-breaking 317m shipments globally between Black Friday (November 27) and Christmas Eve (December 24). This forecast marks a 12.4% increase in year-over-year seasonal volume.The season is expected to be bolstered by three volume spikes, including Cyber Monday (November 30) and the first two ...
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Cargolux responds to pilots union call for a strike ballot
European all-freighter airline Cargolux has given a detailed response to the call for an industrial action ballot by flight crew employees who are members of the LCGB pilots union.In a statement, Luxembourg-based Cargolux said that negotiations are still ongoing with the LCGB and a second pilots union, OGBL. Airline management ...
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Air cargo market improves in September
Air cargo traffic and yields continued to pick up in September following on from the general malaise experienced over the second quarter.The latest data from analyst WorldACD show that volumes increased by 1.9% year on year in September while yields picked up by 0.4% on a month earlier.This was the ...
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Back to the 70s for Qantas fund raising
Australians have helped Qantas raise more than $114,000 for the Western Queensland Drought Appeal, funding the coordination and distribution of much needed drought relief across the Longreach region.Qantas operated a one-off charity flight from Sydney to the Qantas Founders Museum in Longreach, using its ‘Retro Roo’ aircraft in 70s livery. ...
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FedEx and TNT extend share acceptance period until January 2016
FedEx and TNT Express have extended the public offer acceptance period for all the issued and outstanding ordinary shares in the capital of TNT Express until January 8, 2016.US parcel giant FedEx’s proposed $4.8bn takeover of the Netherlands-based TNT Express is now unlikely to be opposed by European Commission regulators ...
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The belly freighter
CAN airlines be persuaded to look at freighters in a different way – to see them not as providing extra maindeck lift, but as supplemental belly capacity?That is in essence the pitch that the Eolia Group is making with its new LCF Conversions programme – LCF standing for ‘Low Cost ...
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Online meeting tool for TIACA's Air Cargo Forum in Paris
TIACA is launching a dedicated on-line one-to-one meeting tool called CargoLinX for its Air Cargo Forum (ACF) and Exhibition, which takes place from 26-28 October 2016 in Paris, France.The speed networking tool will allow visitors to schedule up to thirty 25-minute meetings with 45 leading global air cargo companies, weeks ...
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FedEx added to AMI's Quick2Ship
Air Menzies International (AMI) has added FedEx as a carrier to its Quick2Ship door-to-door express product, which has operated in the US since 2011.The extension of the program to include FedEx brings new destinations, additional frequencies and extra capabilities to Quick2Ship’s existing global coverage, said AMI, the trade-only airfreight and ...
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Strike ballot by Cargolux pilots' union
The LCGB pilots union is to hold a ballot for industrial action among its Cargolux membership.A statement by the union said: “Given the lack of any meaningful progress in the Cargolux labour negotiations for over a year, the LGCB has no choice but to contemplate industrial action. “A ballot will ...
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IAG Cargo: challenging third quarter
IAG Cargo saw a decline in both yields and airfreight volumes during the 2015 third quarter due to a “challenging” market.The cargo arm of British Airways and Iberia of Spain today reported commercial revenue of €238m for the period July to September versus €236m for the same period 2014. Reported ...
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Air France-KLM Cargo reports another operating loss
Air France-KLM saw operating profits at its cargo division remain in the red during the third quarter of the year but said it hopes its freighters business will be breakeven in 2017.The Franco-Dutch airline group recorded a third-quarter operating loss of €81m, an improvement on the €102m loss it recorded ...
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C2K members agree new quality standards
CARGO 2000 (C2K) members have agreed new quality standards for the air cargo industry.More than 60 technical and operational managers took part in a meeting of C2K’s Technical Working Group this week as part of a drive to implement new quality standards for the air cargo industry.C2K is an IATA ...
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ACP Worldwide appointed as Air China GSA in South Africa
Air China has chosen ACP Worldwide as its South African cargo GSA and it will sell capacity on the airline’s first ever non-stop, direct flight between China and Africa.The first inbound flight of the new service, which will operate between Johannesburg’s OR Tambo International Airport and Beijing three times a ...
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Emirates hopes new Bologna service will improve city's supply chains
Emirates SkyCargo will expand its Italian cargo network when it launches daily non-stop flights to Bologna from Dubai that it hopes will help improve the supply chains of local exporters.The daily service, to begin operation on November 3, will be operated by a Boeing 777-300ER, offering 23 tonnes of belly-hold ...
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Lufthansa's cargo arm records another ebit loss
Lufthansa’s cargo and logistics division reported an operating loss for the second quarter in a row as impairment costs and tough market conditions took their toll.The airline's logistics division, which includes Lufthansa Cargo, ULD specialist Jettainer and its Aerologic investment, saw revenues for third quarter decline by 8.3% year on ...
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E-AWB useage continues to gather pace
The use of electronic air waybills (e-AWB) continued to pick up pace in September and it now looks as if the industry will fall just shy of end of year targets set by IATA.The latest statistics from IATA show that e-AWB useage has now reached a penetration level of 34.1% ...
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Cargo growth at Dubai International eases in September
Dubai Airports said cargo demand at Dubai International had been “ fairly robust” over the first nine months of the year, despite growth easing in September from the levels recorded earlier in the year.Dubai’s northern airport saw September cargo demand increase by a “marginal” 0.3% compared with last year to ...
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DSV's airfreight volume growth outpaces market in Q3
Danish freight forwarder DSV continued to report above market airfreight volume growth during the third quarter and said it expects to gain approval of its takeover of UTi early next year.During the third quarter of the year, DSV’s airfreight volumes increased by 9.6% compared with the same period in 2014 ...