All articles by Air Cargo News (Admin) – Page 415
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News
Delta’s cargo drops, but revenue profits soar
DELTA AIR LINES posted record profits of US$ 8.9bn, despite its cargo revenue falling by nine per cent ($21m) driven by lower freight volumes and lower yields.The impressive results belies the fact that the US carrier was forced to cancel more than 17,000 flights due to severe weather in January ...
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Winter weather hits UPS operating profits
UPS took a $200m hit in operating profits for the first quarter of 2014 due to severe snowfalls in the US which saw business to business shipments slow as “manufacturers, distributors and retailers closed shop”.But the US-based international parcels giant reported signs of recovery and faster growth in Europe while ...
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TIACA launches educational workshop
THE International Air Cargo Association (TIACA) has launched an air freight-specific educational workshop aimed at attracting and cultivating the next generation of industry leaders.The first three-day course will take place near Amsterdam’s Schiphol Airport between June 25-27.Around 25 students are expected to attend from a wide cross section of the ...
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Air cargo to play a big role in Turkey's future
AIRFREIGHT has a key role in Turkey’s ambitious programme to be the world’s tenth largest economy by 2023, the 100th anniversary of the founding of the republic.Transportation, including the airport and aviation, is one of the six economic pillars supporting the 2023 Vision set out by Turkish Prime Minister Recep ...
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Bureaucracy delays Cargolux Zhengzhou services
CARGOLUX has postponed the inauguration of its regular scheduled B747F services to Zhengzhou, the capital of Chinese province Henan.The flights, which were due to begin on April 24, will now commence on May 29, because of “unforeseen procedural changes in the manner in which information has to be submitted to ...
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Finnair’s cargo volume climbs 9.9 per cent in Q1
STRONG demand on Finnair Cargo’s Japanese and North Atlantic services boosted the amount of freight and mail it transported to 35,220 tonnes during the first quarter of 2014 – a 9.9 per cent improvement on the same period last year.Revenue measured in freight-tonne-kilometres (FTKs) grew by 6.9 per cent against ...
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Qantas Freight launches new product range
QANTAS Freight has launched Q-GO, described by the Australian flag carrier as ‘a revitalised suite’ of airfreight products.“It is a simplified product range, bringing together our domestic and international product offering for the first time,” insists Alison Webster, executive manager for freight.“Now, whether a shipment is moving internationally, domestically or ...
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Emirates SkyCargo to start Brussels service
EMIRATES SkyCargo is to launch a new daily B777 belly cargo service to Brussels, Belgium, in September.It will be the UAE carrier’s 147th destination, closely following the September launch of services to Oslo, Norway.“As the centre of European politics and a hub of economic activity, Brussels is already an important ...
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ABC celebrates with improved results
AIRBRIDGECARGO Airlines (ABC), Russia’s largest freighter airline has commenced its 10th anniversary year with the strongest first-quarter in its history, with volume up nine per cent to 86,500 tonnes.ABC says the improvement reflects market advances in Russia, Europe, the Americas and Asia Pacific as well as the success of its ...
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More airlines move to new Dubai airport
FREIGHT volumes at the new Al Maktoum International at Dubai World Central (DWC) climbed 42.3 per cent to 76,816 tonnes in the first three months of this year as carriers transferred their services from the old congested airport.Growth was buoyed by the introduction of several scheduled freighter services, with Cathay ...
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Swissport and Saudia Cargo sign deal
SWISSPORT International, global provider of ground and cargo handling services to the aviation industry, has signed a five-year agreement with Saudi Airlines Cargo for the handling of the airline’s freighter operations at two key European hubs of Brussels and Amsterdam.The agreement covers the complete scope of cargo handling services including ...
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Virgin Atlantic wins Cargo Airline of the Year 2014
VIRGIN Atlantic Cargo is the 2014 Cargo Airline of the Year.The presentation was made to director John Lloyd at a sparkling Air Cargo News gala event in London.“We are extremely proud to have been voted Cargo Airline of the Year by the readers of Air Cargo News in the year ...
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Better year for Cargolux than expected
DESPITE budgeting for a US$27.1million loss last year, all-cargo airline Cargolux earned a full year net profit of US$8.4 million last year compared to a $35.1 million net loss in 2012.Total revenues during the 12 months rose 14.4 per cent to $1,988.5m from $1,738.9m in 2012.Tonnes sold increased 16.7 per ...
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Shippers support Heathrow's cargo hub role
LONDON Heathrow's role as an air cargo hub for UK PLC needs to be safeguarded in the political debate over the country's plans for future airport capacity.The Multimodal conference audience in Birmingham heard from a shipper, freight forwarder and airline that the air cargo hub concept plays a vital part ...
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Solid first quarter for air cargo
MARCH completed a solid 2014 first quarter of growth for the world’s air cargo business with a like period volume growth of nearly 6.7 per cent versus 2013, according to WorldACD Market Data.A US dollar yield drop versus the first three months of 2013 was limited to 2.6 per cent, ...
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Atlas places two B747-8Fs in ACMI with DHL Express
ATLAS AIR Worldwide has placed two B747-8 freighters into ACMI service for DHL Express.The pair will be operated by Atlas Air in Polar Air Cargo Worldwide's transpacific express network under an ACMI arrangement for DHL Express and Polar's other customers.The aircraft replace two B747-400 freighters currently in ACMI service for ...
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IAG Cargo’s daily Austin service takes off
IAG APPEARS to have hit the belly cargo jackpot with the first scheduled, non-stop transatlantic service from London to Austin.The capital city of the oil-and-gas-producing southern state of Texas, has historically played third fiddle to its more popular sister cities of Dallas and Houston.This is despite the fact that Austin ...
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Emirates secures ACC3 validation
EMIRATES has successfully completed the validation process for the European Union-initiated ACC3 security regulation, becoming the Middle East region’s first air carrier to do so.The qualification ensures Emirates SkyCargo’s uninterrupted services into the EU.ACC3 is short for ‘air cargo or mail carrier operating into the EU from a third-country airport.’Failure ...
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Saudia Cargo ready to roll out e-AWBs across network
SAUDI Airlines Cargo is making rapid progress on the implementation of electronic airwaybills [e-AWBs) and plans to roll the project out across its global network.The big Middle East airline has made “significant progress” to simplifying the airfreight supply chain process, says Nabil Khojah, chief executive of Saudia Cargo.“The e-AWB is ...
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CAL Cargo signs US GSA
CARGO airline CAL Cargo has appointed ATC Aviation Services as its US general sales agent.Eyal Zagagi, chief executive of CAL Cargo Airlines, says strengthening the all-cargo carrier’s North American presence is a significant part of its strategy.The Israeli airline is adding people to its existing JFK station and is planning ...