All articles by Air Cargo News (Admin) – Page 464
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News
Parting shots
DAVE BROOKS had a tough act to follow when he took over as cargo president for American Airlines in 1996, the previous incumbent having been air cargo legend Bill Boesch.But Boesch never had to cope with turmoil such as the events of 9/11 or the crippling downturn of 2008-9.Brooks has ...
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Lufthansa Cargo celebrates a record year
THANKS to an 8.9 per cent lift in capacity Lufthansa Cargo carried a record 1.9 million metric tonnes of freight and mail in 2011, an increase of five per cent on the previous year.The capacity increase comes mostly from integration, since the second half of 2010, of aircraft in the ...
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Lufthansa Cargo's 9.2 per cent volume drop
LUFTHANSA Cargo has recorded a year-on-year decline in freight volumes of 9.2 per cent in the first six months of 2012.The major German carrier transported 864,490 tonnes of cargo this year compared with 953,000 during the same period in 2011.However, the company’s load factor only slipped marginally by 0.7 percentage ...
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ICAO proposes hazardous cargo rules
THE Dangerous Goods Panel at the UN’s International Civil Aviation Organization (ICAO) has agreed on new rules for the shipping of lithium batteries.“I’ve been working on lithium batteries for 10 years and this is the biggest development to date,” Mark Rogers, head of hazardous-materials handling issues for the Air Line ...
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Cargo Champion – Des Vertannes
‘PASSIONATE, witty, diplomatic, a gifted orator’ are just some of the words people are quick to proffer to describe Des Vertannes, IATA’s global head of cargo.The flurry of generous compliments come as no surprise to his longtime friend and fellow Brit Roy Stapleton, president of the US-based company Global Logistics ...
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Kuehne + Nagel airfreight soars
IN the first three months of 2011 Kuehne + Nagel’s airfreight business saw a 21 per cent increase in volume, outpacing a market expansion of between six and seven per cent.Volumes were given a boost following acquisitions in South America. The company is raising its guidance for airfreight shipping volume ...
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Kuehne takes over Australian forwarder
KUEHNE + Nagel will purchase Australia’s largest perishables export airfreight forwarder Link Logistics International.Link Logistics is a privately owned forwarder with headquarters in Melbourne and facilities in Sydney and Tasmania (Australia).The company specialises in cold chain management services mainly in Asia and the Middle East.“We consider the acquisition of Link ...
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Airbus Boeing orders take a dive
BOTH Airbus and Boeing have seen a big hit to their orders for aircraft. Airbus is now forecasting only 14 deliveries of A380s this year instead of the previously expected 21, with 2010 figures also down to 20 deliveries instead of the expected 45.John Leahy, chief operating officer of Airbus ...
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Qatar boss slams ‘excessive’ Saudi fuel charges
EMERGING from talks with HRH Prince Fahad bin Abdullah Al Saud over new opportunities in the country, Qatar Airways chief executive officer Akbar Al Baker says the Kingdom’s aviation policies needed a ‘fundamental rethink’.The major carrier boss says he "expressed particular concern over excessive fuel charges in the Kingdom and ...
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EVA, China Eastern cargo merger gets greenlight
TAIWAN’S EVA Airways has agreed to buy 16 per cent of China Eastern Airlines’ cargo division for 328 million yuan (US$49 million). China Eastern is restructuring its freight operations after its takeover of Shanghai Air in January 2010.As part of the deal, EVA will stop its current joint operations with ...
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Middle East bucks global slump
DESPITE regional turmoil Middle East carriers are expanding in anticipation of demand.The strength of the region for air cargo has been consistent, with month-on-month volume growth of more than seven per cent in each of the last three months of 2011, reaching 12 per cent by the end of the ...
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Qatar Airways confirms Cargolux deal
IT looks like Qatar Airways is going to do what Etihad tried to do in 2005 – secure a 33 per cent stake in Cargolux.Air Cargo News has been following progress over the last few weeks and can confirm that Qatar’s chief executive Akbar Al Baker will sign the deal ...
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Qatar Airways bulks up freighter fleet
QATAR Airways has signed an agreement to buy three 777 freighters.The news comes as the airline takes delivery of its 25th 777. Qatar’s new orders include a further two 777-300ERs. Combined, the five new aircraft will set the airline back US$1.4 billion at list prices.“The capacity of the 777 freighter ...
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JAL pays US$1.8m price-fixing fine
JAPAN Airlines (JAL) has been fined US$1.8m after admitting price-fixing on cargo shipments in and out of New Zealand.The country’s high court imposed the fine as part of a long-running case relating to fuel surcharge manipulation on international cargo flights between 2000 and 2006.Competition watchdog Commerce Commission New Zealand, says ...
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Airbus and Boeing plan loans for buyers
AIRBUS and Boeing are to issue billions of dollars of loans to airlines to help shore up their order lists, according to the International Air Transport Association (IATA).Giovanni Bisignani (right), the head of IATA, said the move is a result of what is predicted to be a “very, very tough” ...
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Singapore cargo and China Airlines deal
SINGAPORE Airlines (SIA) Cargo has signed a joint freighter service deal with China Cargo Airlines (CCA).This latest agreement is part of a wider programme of initiatives between the two carriers.“The new joint service agreement provides more flexibility and better services to customers as it provides more choices of flights for ...
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New US$2.9bn home planned for Etihad
New US$2.9bn home planned for Etihad ??PLANS are afoot to build a US$2.9bn state-of-the-art airport terminal to house national carrier Etihad Airways.A consortium of three companies, including Dubai-based Arabtec, won the contract to erect the Midfield Terminal Complex, due to open in 2017.Work on the project will get under way ...
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JAL asks for massive debt write off
JAPAN Airlines has asked its creditors to write off ¥250 billion (US$2.8 billion) of its debt as part of its plan to improve its already shaky financial footing.JAL is seeking government approval for the plan and expects transport minister Seiji Maehara to give it by the end of the month ...
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‘Security double standards must end’
MORE countries should recognise each other’s air cargo security procedures, says The International Air Cargo Association (TIACA).Michael Steen, TIACA’s chairman, is calling for governments around the world to follow in the footsteps of the US, which has recently agreed to fully recognise Europe and Canada’s air cargo security standards.“We strongly ...
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Emirates boosts African links
STARTING 1 February Emirates SkyCargo will lift its African capacity to 6,000 metric tonnes a week.The new Dubai (UAE)-Lusaka (Zambia)-Harare (Zimbabwe) service will be operated five times a week on an A330-200, providing a total weekly cargo capacity of up to 160 tonnes.“While many regions are experiencing challenging economic conditions, ...