All articles by Air Cargo News (Admin) – Page 493
-
News
Aryan Cargo awarded AOC
INDIA’S long-delayed new international cargo airline – Aryan Cargo – has been awarded its air operator’s certificate (AOC).The company intends to be a non-integrated carrier of goods providing airport-to-airport freight transportation services and has been granted bilateral rights of India with Belgium, China, Hong Kong, Italy, Japan, Kenya, Korea, Thailand, ...
-
News
Volumes return at Swiss, but not revenue
CARGO load factors and volumes are back to pre-crisis levels at Swiss International Airlines, but revenues and yields are definitely not. In fact, the carrier is not even half way to recovering from a “dramatic” fall in rates during the downturn.Oliver Evans, head of cargo, says yields are now moving ...
-
News
Freighter fortunes boost Incheon
SEVERE though it was in the first half of the year, the slump in cargo demand did not make much of a dent in Seoul’s Incheon International Airport in the final reckoning for 2009. At the outset of the year Incheon International Airport Corp had scaled down its 2009 target ...
-
News
Austrian Cargo falls under LH’s control
AUSTRIAN Cargo will effectively become a subsidiary of Lufthansa Cargo from 1 July, after the two carriers agreed to “merge their global activities”.Air Cargo News understands the deal will include Lufthansa taking a 75 per cent stake in Austrian Cargo, with the remaining 25 per cent held by the parent ...
-
News
Hahn ends 2009 on a high
FRANKFURT Hahn, the airport in Rhineland Palatinate, which pits itself as an alternative cargo gateway to mighty Frankfurt, ended 2009 on a high note. December brought a 37 per cent surge in throughput over the same month in 2008. The previous month had seen a new record freight level for ...
-
News
January demand shows further improvement
DEMAND for international scheduled air traffic showed continuing improvement in January. Compared to the previous year, January’s international cargo demand showed a 28.3 per cent improvement with only a 3.7 per cent increase in capacity. This pushed the cargo load factor to 49.6 per cent, which is a significant change ...
-
News
China Cargo Airlines upgrades freighter fleet with 777
CHINA Cargo Airlines (CCA), a subsidiary of China Eastern Airlines, has taken delivery of its first 777 freighter.The aircraft will operate between Shanghai and Luxembourg. CCA is expecting to introduce an additional three 777 freighters before August that will operate alongside its current six MD-11, two 747 and three A300 ...
-
News
Cathay unparks 747F, invests in Air China Cargo
CATHAY Pacific is to bring back into operation one of its five parked 747-400 freighters.The freighter has been undergoing maintenance and was due to start operations in late January 2010. The freighter will not be part of the airline’s scheduled freighter fleet, but will be saved for special charters.As reported ...
-
News
Lufthansa makes tough cargo cuts at Austrian
HOT on the heels of the news that Lufthansa and Austrian Airlines are merging their cargo operations comes the news that the merge will also entail severe cutbacks, mainly on the Austrian side.Lufthansa took over the struggling carrier last year and is busy making severe cuts and savings. In this ...
-
News
Greek airlines merge
GREEK carriers Aegean Airlines and Olympic Air are to merge. Following approval from the European Competition Commission, both names and logos will be used in parallel “following the necessary transition and adjustment period”. After that, the combined company will use the name and logo Olympic Air and the Aegean brand ...
-
News
UAE bans An-12 again
THE UAE’s General Civil Aviation Authority (GCAA), has banned the An-12 from operating within its airspace again. Effective from 1 March, according to the GCAA, the ban is “aimed at raising safety standards in the civil aviation sector in the UAE”.Ismail Mohammed Al Balooshi, director of safety at GCAA, said: ...
-
News
Lufthansa Cargo and Austrian Cargo to merge
FROM 1 July, Lufthansa Cargo and Austrian Airlines have agreed to merge their global operations. Under the new agreement, both companies’ global distribution activities and the flow of cargo traffic through their hubs at Frankfurt, Munich and Vienna will be “harmonised”.In future, the two companies will jointly route their cargo ...
-
News
Crisis an opportunity not disaster, says Ogiermann
WITH manufacturers rethinking their production and supply chain strategies, air cargo stands to emerge from the global economic crisis in a stronger position than other transport modes. So says Ulrich Ogiermann, chief executive of Cargolux and chairman of The International Air Cargo Association (TIACA).Manufacturers and other businesses will now be ...
-
News
BA crew announce strike, Lufthansa pilots’ stalls
BRITISH Airways (BA) cabin crew have voted for a strike over demands for pay and better working conditions.The crews’ union, Unite, says that no dates for the strike will be announced until BA resumes negotiations, but, failing that, it has said that any action would happen “sooner rather than later” ...
-
News
Organised crime rots Australia’s airports
AUSTRALIAN airports are riddled with organised crime at every level, according to an Australian government investigation.The federal inquiry has discovered that airline staff, baggage handlers and customs officials regularly smuggle drugs and weapons into the country. Professionals from within the aviation sector suggest that less than one per cent of ...
-
News
US in new Bout extradition ploy
VIKTOR Bout (right), the so-called Merchant of Death, must be feeling all warm and fuzzy considering the extent that Russia and the US are fighting over him.The latest attempt by the US to get its hands on him involves charges that he and his former business associate, Richard Chichakli, conspired ...
-
News
MAS accused of pricefixing
MALAYSIA Airlines (MAS), has received a complaint by an American freight-forwarding company accusing of price fixing. The notice was filed by Philadelphia-based Benchmark Export Services, along with six other plaintiffs: FTS International Express, JSNP, Olarte Transport Service, R.I.M. Logistics, S.A.T. Sea & Air Transport and Volvo Logistics.The other defendants are ...
-
News
New routes update – 19 February 2010
ETIHAD Airways will add seven weekly flights from Abu Dhabi to Australia from March next year. It already operates 21 a week to Sydney, Melbourne and Brisbane but the new deal between the two governments stipulates that one of the seven new flights must be to an as-yet-unnamed regional airport.Hong ...
-
News
Lufthansa cargo to slash jobs, pilots vote to strike
LUFTHANSA Cargo has confirmed that it will cut its workforce by 10 per cent this year as part of its plan to cut costs by €1 billion ($1.38 billion) by the end of 2011. This comes hot on the heels of its previous announcement that its increase in traffic has ...
-
News
BAWC feels tentative upswing
BRITISH Airways World Cargo has reported commercial revenue (flown revenue plus fuel surcharges) of £402 million for the nine months beginning April 2009. This represents a decrease of 25.1 per cent against the same period last year, including a favourable exchange movement year-on-year.Volumes of 3,443 million cargo tonne kilometres for ...