All articles by Air Cargo News (Admin) – Page 470
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Mining industry to help SAA
SOUTH African Airways (SAA) looks to the mining industry as it braces itself for a difficult 2012.SAA recorded a net profit of R782 million (US$97.6 million) in the 2010/2011 financial year – a 77 per cent increase from last year’s R442 million ($55.2 million), SAA spokesperson Dileseng Koetle says, but ...
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Cathay Pacific's Indian expansion
CATHAY Pacific is planning to build on its cargo revenue from India with the addition of two more airports in its network.The carrier is likely to launch flights to Ahmedabad and Hyderabad alongside current routes Bangalore, Chennai, Mumbai and New Delhi.Of Cathay Pacific Airways’ total revenue in India, cargo contributes ...
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FedEx to lose US$400 million
RESTRUCTURING behind the doors of the US Postal Service (PS) will likely cost FedEx Express almost half a billion dollars a year in lost business.Revenue from carrying PS express, priority and first-class mail in FedEx freighters may fall from the current US$1.4 billion to less than $1 billion annually once ...
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Heathrow pressures Schiphol
LONDON Heathrow Airport (UK) saw a 14.2 per cent surge in freight traffic during December 2011, a record for the month and the first increase since February 2011.Europe’s fourth largest airfreight hub handled 124,371 metric tonnes during the month, taking the full year total to 1.485 million tonnes, an increase ...
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Turkish cargo grows by a quarter
TURKISH Airlines’ cargo division recorded an increase of 23.7 per cent in freight carried from 313,517 metric tonnes in 2010 to 387,703 tonnes during 2011.“We are ranked eighth amongst European airlines for cargo and for our five-year projection we have a goal of being in the top five,” Soner Akkurt ...
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Price-fix appeal is a Seoul-shock
SIXTEEN airlines charged with price-fixing in South Korea have lost their appeal.The Seoul High Court rejected Thai Airways’ demand that the Fair Trade Commission withdraw its 2.1 billion won (US$1.8 million) penalty imposed on the company for price fixing.“We recognise that Thai Airways and other air cargo carriers made a ...
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Nigerian strike disrupts cargo
A PROTEST against the removal of a fuel subsidy by Nigeria’s federal government has led to a nationwide labour strike, which has affected cargo flow at the country’s airports.Airlines are counting their losses following the sit-at-home order given by the Nigeria Labour Congress and civil society groups.Aero Airlines, Air Nigeria, ...
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GACAG calls for ETS suspension
IN a last desperate attempt the Global Air Cargo Advisory Group (GACAG) has urged the EU to reconsider its EU Emissions Trading Scheme (ETS) scheduled to take effect this month.Under the scheme EU law makes a provision to enforce fines of €100 (US$128) for each tonne of carbon dioxide emitted ...
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A380 ‘cracked wing’ alarm
CARRIERS are noticing alarming cracks developing on the wings of the A380.“The cracks detected by Qantas and Singapore Airlines on some of the wings [of the] A380 should lead to all airlines using the A380 to inspect their aircraft thoroughly,” Philippa Oldham, head of transport at the Institution of Mechanical ...
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Kalitta freighter crashed ‘due to power failure’
THE Kalitta Air 747-200F, which crashed after departing from El Dorado International Airport (Colombia) on 7 July 2008, lost power after take-off, a new report has concluded.The freighter was en route to Miami, Florida (US) with a shipment of flowers when a suspected fire broke out. The pilot attempted to ...
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China says no to EU carbon tax
CHINESE airlines will refuse to pay taxes under the European Union’s emissions trading scheme (ETS), a senior Chinese aviation association member declared.From 1 January all airlines using EU airports are included in the cap-and-trade scheme, an initiative from 2005 aimed at combating climate change. EU law makes a provision to ...
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FedEx fined for security breaches
FEDEX has agreed to pay a US$370,000 penalty for breaching anti-terrorism laws.The integrator blamed “rare errors” when exports or attempted exports of technology violated export administration regulations in the US.“This was an inadvertent and very limited number of export shipments involving discrepancies with the export administration regulations,” FedEx spokesman Jim ...
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Turkish Cargo connects to Libya
TURKISH Cargo will launch scheduled freighter flights to the Libyan airport of Mitiga, 8km next to Tripoli.The flights will be twice-weekly and depending on demand will be performed by an A310 freighter, offering a capacity of 36 tonnes, or an A330-200 freighter with a capacity of 65 tonnes.The company is ...
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Royal Jordanian awards Globe GSSA contract
FOR its Austria and Eastern Europe network Royal Jordanian Airlines has awarded a cargo general sales and service agent (GSSA) contract to Globe Air Cargo, part of the ECS Group.The full GSSA contract covers sales, marketing, operations and planning and also includes road feeder services from countries in Eastern Europe ...
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Volga adds modernised Ilyushin
VOLGA-Dnepr Airlines has added a fourth modernised Il-76TD-90VD cargo aircraft to its fleet.The new freighter completed its first commercial flight on 31 December from Moscow’s Domodedovo Airport (Russia) to Bahrain before returning to Moscow.The fourth new generation Il-76TD-90VD freighter was built to order at the Tashkent Chkalov Aviation Factory following ...
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Cargoitalia collapses
CARGOITALIA, the Italian cargo carrier, was declared bankrupt last month. According to a notice on its website the company suspended all operations while it was "winding-up".Based in Milan at Malpensa Airport, Cargoitalia was first launched in 2005 before being bought by Alis Aerolinee Italiane. It restarted operations again in 2009, ...
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EU risks trade war with airline tax
RISKING an international trade war, Europe Union’s (EU) highest court has approved plans to tax airlines’ carbon emissions.The highly controversial Emissions Trading Scheme (ETS) – that comes into action on 1 January 2012 – will see aircraft that land or take off from European airports being taxed for their entire ...
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No Christmas cheer for Cathay
CATHAY Pacific, the world's largest air cargo carrier, saw cargo traffic fall 13.8 per cent in November instead of seeing the traditional pre-Christmas peak. This was the eighth consecutive decline in cargo tonnage. Cargo load factor fell 6.3 per cent to 65.3.“November is traditionally the busiest time for our cargo ...
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New Dubai cargo player
BUDGET carrier flydubai will launch a cargo division on 1 January 2012.Flydubai Cargo will transport goods to all of the low-cost carrier's 46 destinations, as well as additional cities in India and Pakistan.“Not only is it unusual for a low-cost carrier to have a cargo division, it is also rare ...
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Lufthansa Cargo reviews China business
WEAK demand and a cash-strapped joint venture are pushing Lufthansa Cargo to assess its operations in China.Back in October Lufthansa group chief executive Christoph Franz said the market in the country was becoming more difficult and that the company would review its investment in Jade Cargo. Now Karl Ulrich Garnadt ...