All articles by Air Cargo News (Admin) – Page 345
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News
Chinese carriers dismiss merger reports
China Southern Airlines and Air China have denied press speculation that they are to be merged.Over recent days, reports have suggested that the country’s government could push through a merger of two major airlines.However, in a statement on the Hong Kong Stock Exchange, China Southern controlling shareholder China Southern Air ...
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S7 owner to buy Transaero
Co-owner of Russia's S7 Airlines, Vladislav Filev, has signed an agreement to buy at least 51% of struggling rival carrier Transaero, according to Reuters reports.Debt-laden Transaero, once Russia's second-biggest airline, is the subject of bankruptcy proceedings by creditors, Sberbank and Alfa Bank.Earlier, Transaero filed to file a rescue deal with ...
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Faster to market, thanks to Panalpina’s new IT system
Freight forwarder Panalpina says deployment of its planned single warehouse management system (WMS) is ahead of schedule. To date, the JDA WMS has been rolled out to over 30 of its global sites and has helped improve service and optimise its customers’ inventory.Panalpina says that the driving force of the ...
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Boeing ponders cutbacks as cargo slumps
The current airfreight slump may force Boeing to slow production of its 747 and 777s, reports news agency Bloomburg. The soft market could damps demand for the cargo versions of the planes, it said.Citing an interview with Boeing chief financial officer Greg Smith, the report said that production of the ...
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FTA warns of return of Calais chaos
The UK’s Freight Transport Association is reporting that last summer’s chaos in the Channel port of Calais is returning. It warns that drivers are gain being threatened by organised gangs of migrants throwing stones and trying to get aboard their vehicles.The chaos in France, which was sparked by picketing action ...
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ABC on song in September
Volga-Dnepr Group’s scheduled arm, AirBridgeCargo Airlines (ABC) saw a 28% rise in cargo in September, transporting 42,480 tonnes across its network and a 35% growth in freight tonne-kilometres. Load factors remained stable, it added.In the first nine months of 2015 tonnage grew 18% to 344,130 tonnes.During September, ABC added flights ...
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Slowdown for Asian airlines
Preliminary September traffic figures from the Association of Asia Pacific Airlines (AAPA) showed a continuing divergence between the cargo and passenger business. The latter remains strong but airfreight remains weak, says AAPA.Air cargo markets remained subdued, with demand in freight tonne kilometre (FTK) terms only matching the same month last ...
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Airfreight fails to hit the heights
International air freight fell during the second quarter in the US and remained below its pre-crisis peak in the EU, according to the latest update of global freight data collected by the International Transport Forum at the OECD (Organisation for Economic Cooperation and Development at the United Nations).However, exports to ...
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Second Zhengzhou flight for Cargolux Italia
Cargolux Italia has introduced a second weekly flight between Milan Malpensa and its Chinese hub at Zhengzhou. Flight C8 8777 leaves Milan on Sunday mornings at 11:50 and, like the existing service, operates via Novosibirsk, Russia. When Cargolux Italia introduced the first Zhengzhou flight in June, it also marked the ...
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Intra-Africa surge boosts Astral
Astral Aviation has enhanced its schedule from its Nairobi hub in response to an increase in intra-African load-factors.Astral, which flies operates a dedicated freighter fleet of Fokker 27, DC9, B727 and B747 aircraft, will now operate three weekly frequencies between Nairobi and Juba, South Sudan to cater for an increase ...
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China Southern adds another US route
The inaugural flight of a new China Southern freighter service to the US took off with 96 tons of cargo on its maiden flight on 22 October. The flight, operated by a 777-200F on a Guangzhou-Anchorage-Chicago-Tianjin-Guangzhou itinerary departs the Chinese city on Thursday and Sunday.China Southern now operates five cargo ...
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Air cargo demand stagnant while yields decline
Airline data continues to point towards difficult market conditions for air cargo carriers, but some regions are showing improvements.Figures released today by WorldACD show that volumes during August increased 0.9% against last year while yields fell by 1.2% compared with July.The analyst said demand and yield data for the year ...
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Volga-Dnepr hails East Midlands efforts
East Midlands Airport has been named the ‘Most Cargo Charter Friendly Airport’ in the UK by Volga-Dnepr Group.The award was presented at a gala dinner in London on 1 October to celebrate the Group’s 25th anniversary to the airport’s commercial director, Julian Carr (pictured, right), by the Russian carrier’s vice ...
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Airport cargo volumes decline in August
Global airfreight volumes at airports continued to slow in August as China’s economic slowdown took its toll on the cargo industry.The latest data from Airports Council International shows airports recorded an August decrease in cargo volumes of 0.2% year-on-year (see table below).For the first eight months of the year, volumes ...
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ACMI market set to grow as carriers seek flexibility
The ACMI (wet-lease) aircraft market will continue to grow in future because of carriers’ need for flexibility, while the number of wet-lease joint ventures and long-term relationships will also continue to increase.Speaking at Air Cargo News’ Freighters and Bellyhold Conference in Abu Dhabi, Atlas Air Worldwide executive vice president and ...
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Charter brokers evolve to face new threats
Traditional cargo charter brokers are developing their services as they face competition from new market entrants and customers increasingly gain direct access to airlines.Speaking at the Freighters and Belly Cargo Conference in Abu Dhabi, Air Charter Service (ACS) group commercial director Justin Lancaster highlighted some the challenges faced by traditional ...
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Lufthansa to add new cargo partner by year end
Lufthansa is set to add a new joint venture partner by the end of the year, following the model it adopted with ANA. It believes this type of partnership overcomes the issues faced by cargo alliances in the past.Speaking at the Air Cargo News Freighters and Belly Cargo Conference, Lufthansa ...
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UAE sea-air still has a future despite decline
Sea-air services using the UAE as a hub still have a future because of the growing African market, according to one speaker at the Freighters and Belly Cargo Conference.Dubai National Association of Freight and Logistics president, David Philips told delegates that sea-air volumes through the UAE had declined by around ...
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African airlines urged to look to opportunities at home
African airlines should co-operate more to take advantage of the growing intra-Africa market, according to Astral Aviation chief executive Sanjeev Gadhia.Speaking at Air Cargo News’ Freighters and Belly Cargo Conference, Gadhia said that African airlines tended to partner with foreign carriers rather than African carriers. However, the latter could open ...
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New Cargo Services System top priority for Cathay freight boss
The launch of Cathay Pacific’s Cargo Services System (CSS) in July 2016 is a top priority, says the carrier’s director of cargo, Simon Large.“It will be the nuts and bolts of the whole operation so it has to work – and work well,” he told a Cathay Pacific company magazine.Large ...