All articles by Air Cargo News (Admin) – Page 428
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ATSG' revenue uptick
A boost in US military contracts and aircraft maintenance services saw aircraft lessor Air Transport Services Group (ATSG) record an eight per cent rise in revenues to $149.6 million for the 2014 second quarter.Joe Hete, president and chief executive of US-based ATSG, said: “The second quarter provided strong evidence of ...
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SAA and Boeing to develop tobacco plant jet fuel
SOUTH African Airways (SAA) and Boeing have joined forces to develop an environmentally-friendly jet fuel produced from a new type of tobacco plant, writes Thelma Etim, deputy editor.The carrier and the planemaker will utilise sustainable jet fuel producer SkyNRG’s hybrid plant Solaris, which farmers can grow as an energy crop ...
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Emirates' Chicago route takes off
EMIRATES’ daily B777-200LR service to Chicago O’Hare International Airport gets under way, writes Thelma Etim.It is the airline’s ninth US gateway, following the commencement of services to Boston, Massachusetts in February.Chicago, Illinois is the third largest city by population and GDP in the United States, with a population of 2.7 ...
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Air New Zealand alliance with SIA approved
New Zealand's minister of transport has approved the alliance between Air New Zealand and Singapore Airlines.“It’s very pleasing to receive regulatory approval for this alliance which will enable us to grow our network with operations between Auckland and Singapore in the very near future,” said Air New Zealand chief executive, ...
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DWC cargo up in Q2
THE permanent relocation of Emirates SkyCargo’s freighter operations to Al Maktoum International – Dubai World Central (DWC) resulted in a triple-digit surge in cargo traffic in the second quarter of this year, writes Thelma Etim, deputy editor.DWC handled 199,751 tonnes, up 308 per cent from the same period in 2013, ...
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Air Partner and Ruslan fly mobile hospital
AIR charter broker Air Partner and Ruslan International have successfully transported a portable health centre from Turkey to Tangiers, writes Thelma Etim, deputy editor.The 44-tonne clinic comprising 10 individual units – including a radiology room, operating theatre, intensive care unit, pharmacy and twin generators – was flown on an AN-124 ...
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Etihad will bring Alitalia back to profitability by 2017
JAMES HOGAN, president and chief executive of Etihad Airways, has announced that the carrier has spent €560m to acquire its 49 per cent equity stake in Alitalia, writes Thelma Etim, deputy editor.Under the deal, which will result in €1,758m of investment and includes restructuring the Italian carrier’s debt, the Middle ...
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UK aviation strategy in the spotlight
UK logistics professionals have called on the government to focus on long-term aviation strategy.The Chartered Institute of Logistics and Transport (CILT) has produced its own report, The Future of Aviation, which outlines long-term strategic prospects for the growth of UK air transport.This publication is one of a series of strategy ...
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Cooperation is the key driver
THE latest half-year results for the air cargo industry’s two great players, the airlines and freight forwarders, reveal a market where volume increases are dampened by a “competitive environment” to use the jargon, or a rates battle to you and me.The major purchasers of air cargo space, Deutsche Post DHL, ...
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One Question
Steve Gunning, chief executive of IAG Cargo, answers: "THIS big influx of cargo capacity is creating an excess supply and the only relief valve that the air cargo industry has is freighter capacity, because that is the only one it is fully in control of.“As a result you will see ...
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Etihad Cargo beefs up Russia freighter services
ETIHAD CARGO, the freight arm of UAE flag carrier Etihad Airways, is launching twice-weekly, rotating freighter services linking Abu Dhabi and Moscow’s Domodedovo airport from tomorrow, writes Thelma Etim, deputy editor.The route will operate every Wednesday and Friday using an A330-200F, with a capacity of 64 tonnes.“Russia is a key ...
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Cargojet revenue rise
Canada-based Cargojet saw 2014 second quarter revenues up 3.7 per cent to C$44.3 million, due primarily to the increase in core overnight volumes and higher ACMI income.Cargojet provides time sensitive overnight air cargo services and operates a network across North America, as well as global air charters.President & chief executive ...
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American extends domestic cargo reach
AMERICAN Airlines is continuing to strengthen its presence across the US by adding four more domestic routes to its network this month, writes Thelma Etim, deputy editor.The carrier will begin offering belly cargo service to and from Fort Myers (Florida) and San Jose (California) from 18 August, says a company ...
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United's July cargo hike
UNITED AIRLINES’ cargo revenue tonnes rose 29 per cent to more than 212,000 in July, writes Thelma Etim, deputy editor.Increased belly capacity helped the US carrier’s airfreight division to enjoy a 9.1 per cent increase to 1.4 million year-on-year.Did you find this article of interest, if so why not register ...
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Virgin appoints Globe Air Cargo in Dubai
Virgin Atlantic Cargo has appointed Globe Air Cargo as its general sales and service agent in Dubai.The move is intended to simplify Virgin Atlantic Cargo’s freight and courier express sales for customers in the UAE and “take advantage of the Dubai market’s strong growth forecast”.The airline carries around 5,000 tonnes ...
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IAG Cargo releases 2014 "strong results"
A change in freighter capacity saw IAG Cargo record a 7.5 per cent fall in commercial revenue to €992m for full year 2014, but a like for like rise of 2.4 per cent.The decrease in flown revenue plus fuel surcharges reflects IAG Cargo’s decision in May last year to switch ...
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July cargo drop for LATAM
WEAKER imports into Latin America contributed to LATAM Airlines Group’s cargo drop in July, writes Thelma Etim, deputy editor.The group’s airfreight traffic decreased 0.4 per cent, as capacity fell 5.3 per cent. As a consequence, the cargo load factor increased 2.8 points to 57.4 per cent, says a company statement.“The ...
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Third B737-400 freighter conversion for HNA Group
Boeing Shanghai Aviation Services has redelivered the third of three B737-400 passenger-to-freighter conversions to Hainan Airlines and Yangtze River Express, both subsidiaries of the HNA Group.The modification was conducted under the supplemental type certificate held by Aeronautical Engineers Inc (AEI).Boeing Shanghai has now completed five conversions at its facility, located ...
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Abu Dhabi's airfreight uptick
ABU DHABI International Airport saw its cargo volumes rise to 377,885 tonnes – up 16 per cent – during the first six months of this year, writes Thelma Etim, deputy editor.Meanwhile, the top five traffic (passenger) routes at the UAE facility are Bangkok, Manila, Doha, Jeddah and London-Heathrow, reveals a ...
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IAG's Chennai pharma boost
IAG Cargo’s pharmaceutical traffic is set to gain from the introduction of B787 passenger aircraft between London-Heathrow and the Indian city of Chennai.The new aircraft, which will operate daily each way, replaces the B777-200 currently serving the route from October.The B787 has advanced temperature control capability, which includes air conditioning ...