All articles by Air Cargo News (Admin) – Page 416
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Air cargo market levels off, notes IATA
AIRFREIGHT markets were up 5.9 per cent in March compared to a year ago and capacity grew 3.4 per cent, reports IATA.Despite this improvement, air cargo volumes have been basically flat since the beginning of this year, says the association.“This plateau in volumes is consistent with the recent pause in ...
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Qatar Airways Cargo begins Delhi A330 freighter services
QATAR Airways Cargo has started weekly A330 freighter services to Delhi.“India is a highly important market for Qatar Airways Cargo,” says Ulrich Ogiermann, the airline’s chief officer for cargo.“After the launch of our service to Hyderabad in April, we are delighted to start our scheduled freighter service to Delhi this ...
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AA opens Heathrow controlled room temperature facility
AMERICAN AIRLINES CARGO has opened its first controlled room temperature (CRT) facility in Europe, at London’s Heathrow airport.The 300 sq ft facility can maintain a temperature range of 15 to 25 degrees Celsius and is designed to serve passive healthcare shipments such as pharmaceuticals and biologicals.Tristan Koch, managing director of ...
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Cargojet signs lease for two B767-200ERFs
AIR TRANSPORT SERVICES GROUP has signed an agreement to dry-lease two B767-200ER freighters to Canada-based Cargojet for up to three years.Cargojet currently dry-leases two B767-200Fs from ATSG's subsidiary, Cargo Aircraft Management, under long-term agreements, and has now added a further pair from CAM.The first aircraft is expected to be delivered ...
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Qatar Airways Cargo's starts Stansted service
QATAR Airways Cargo has operated its first B777 freighter service to London Stansted in the UK.The Doha-based carrier is offering five-times-weekly scheduled flights into one of the largest freight hubs in the UK – “which is why we are very happy to add it to our network of more than ...
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Lufthansa Group's sound quarter
THE Lufthansa Group is anticipating annual 2014 operating profits of between €1.3bn and €1.5bn after an operating result of minus €245m for the first quarter of 2014, a period that is traditionally the weakest of the year.The net result for the quarter amounted to minus €252m, a substantial €206m improvement ...
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Lacklustre cargo dampened Asia Pacific carriers
WEAK airfreight markets contributed to a 55 per cent plunge in 2013 net earnings for Asia Pacific airlines to $2.5bn.The Association of Asia Pacific Airlines said that full year profitability succumbed to widespread yield pressures arising from stiff market competition and “lacklustre air cargo demand”.AAPA’s preliminary financial performance figures show ...
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Cargolux certified for simplified Customs access
CARGOLUX and sister company Cargolux Italia have become accredited European Commission Authorised Economic Operators (AEOs).It gives the all-cargo airlines simplified Customs access for shipments throughout the EU and beyond.The status was granted by the Luxembourg and Italian Customs administrations on behalf of the Directorate General for Taxation and Customs Union ...
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DB dismisses claims for damages against three carriers
German railway Deutsche Bahn has dismissed a claim for damages against three airlines in its billion dollar lawsuit relating to an air cargo cartel between 1999 and 2006.In a statement, Deutsche Bahn confirmed that its logistics subsidiary, Schenker AG, “has dismissed its claims against Nippon Cargo, SAS and Cargolux in ...
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SIA Cargo cuts year end operating loss to S$100m
SINGAPORE AIRLINES CARGO recorded a S$100m operating loss for the 2013-14 financial year, as efforts to better match capacity with demand saw a reduction from the S$167m loss in prior year.The SIA Group reported an impairment of S$293m on four surplus freighters that have been removed from the operating fleet ...
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Emirates profits soar
THE Emirates Group recorded its 26th consecutive year of profits in 2013.The company posted a US$1.1bn profit – 32 per cent up on the previous year.Its revenue climbed to $23.9bn, 13 per cent higher, despite competitive pressures and the slow global economic recovery.Cargo’s contribution was impressive, with Emirates SkyCargo for ...
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One Question
John Lloyd, director of cargo, Virgin Atlantic, answers: "THERE is a small improvement in the market that we hope will be sustained throughout this year. Although the most recent downturn was once again challenging, we’ve been through similar cycles in the past and every time we come through it I ...
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A mature response
WE HAD a dig at Cargolux in our last issue, relaying information passed exclusively to my colleague Thelma Etim that all is not well at the now partly Chinese-owned all-cargo airline.Expecting some sort of angry, waspish response, I was instead surprised and heartened by Cargolux’s positive attitude towards Thelma’s investigative ...
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AA Cargo offers services to Dublin and Rome
AMERICAN Airlines (AA) Cargo has added seasonal (summer) bellyhold capacity into the European market, giving customers with more shipping options.The carrier is offering new daily non-stop B767-300 services between Chicago O’Hare and Dublin as well as New York Kennedy (JFK) and Rome.Exports from Dublin will include pharmaceuticals, medical products, aircraft ...
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Challenging market conditions hits IAG Cargo’s revenue
IAG CARGO has blamed weak market conditions for its drop in revenue during the first quarter of this year.The freight arm of British Airways and Iberia revealed commercial revenue (flown revenue plus fuel surcharges) dropped to €250m from the €270m recorded during the same period in 2013.Although cargo tonne kilometres ...
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April cargo boost for Heathrow
CARGO volumes at London's Heathrow Airport rose 4.4 per cent in April over prior year period to 120,194 tonnes, with air freight traffic increasing 26.8 per cent to China, 25.1 per cent to Mexico and 15.8 per cent to Russia.Latest figures from Heathrow Airport Holdings show a 3.2 per cent ...
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Qatar Airways prepares for move
QATAR AIRWAYS, the national carrier of the State of Qatar, will officially move to its new home at Hamad International Airport (HIA) on 27 May.The relocation marks another milestone in the airline’s history not least because it has been based at Doha International Airport (four kilometres from HIA) for 17 ...
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Intradco and National Air Cargo ship 47 horses
LIVESTOCK and bloodstock transport specialists Intradco and National Air Cargo have successfully shipped 47 horses from Dubai World Central (DWC) to Belgium.The inaugural charter on a B747-428 (BCF) made use of DWC’s newly-constructed horse loading ramp, designed to augment the import and export of live animal cargo.With the help of ...
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Fraport blames strike for cargo drop
CARGO volumes fell by 1.2 per cent to 171,909 tonnes at Frankfurt Airport in April.The slide was due to the strike-related reduction in shipping capacities, as well as the shift of the Easter holidays from March to April 2014, resulting in the cargo business slowing down during the holiday period, ...
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Runway rivals: Heathrow and Gatwick make their case
Heathrow and Gatwick airports have submitted rival proposals for new runway capacity in the UK.Heathrow wants a third runway, generating “at least £100 bn of UK economic benefits”, while Gatwick seeks to build a second runway, which its owners argue will produce an extra £40 bn of economic benefits to ...