All articles by Air Cargo News (Admin) – Page 496
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Airports Council International annual results
AIRPORTS Council International director general, Angela Gittens, announced annual airport economics results.“The financial data for 2008 reflect the year’s business environment: early year positive results, and then the financial turmoil that rocked global markets and provoked a stark economic recession. Airports revised expansion plans in many cases and continued to ...
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BAA wins appeal on airport sale
Spanish-owned airport operator BAA has won its appeal against a ruling by the UK Competition Commission that it must sell three of its airports.BAA contested that the original ruling panel was affected by “apparent bias”. The main basis of this accusation was a conflict of interest following learning that a ...
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AirAsia X and Unitpool contract
AIRAsia X has signed a five-year extension of agreement with Swiss asset management company, Unitpool to support the airline’s cargo growth plans.With the extension of this agreement, Unitpool will provide ULDs for AirAsia X, until 2014.The agreement is expected to help AirAsia X meet its projected target of MYR 50 ...
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Dnata makes its move on UK
DUBAI-based Dnata has acquired two major UK ground and cargo handling operations in a deal worth £15 million.The Go-Ahead Group has agreed to sell the majority of its aviation handling and cargo operations in separate agreements with Dnata and Servisair.Robert Williams (pictured), managing director of Plane Handling, said: “Our management ...
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BA Christmas strike halted by UK High Court
BRITISH Airways cabin crew walkout has been blocked by the High Court, after ruling that the strike ballot was illegal.This means nearly four million BA passengers can now complete their journeys as planned over the Christmas period.The court intervention is a climb down for the Unite union, which had considered ...
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Maximus and Etihad launch Care by Air
A humanitarian relief aid initiative from the UAE took flight at the Dubai Air Show 2009. Maximus Air Cargo joined forces with Etihad Airways and Abu Dhabi Airports Company, to launch ‘Care by Air’. Supporting members included the UAE Red Crescent and the United Nation World Food Programme.Maximus Air Cargo ...
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IATA traffic results improving
THE International Air Transport Association reported international scheduled traffic results for October 2009 showing improving conditions. Demand for international cargo rose to 0.5 per cent below previous year levels. This is significantly better than the 5.4 per cent year-on-year decline recorded in September. Load factors for cargo were at 54.1 ...
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Wataniya Airways Cargo takes off!
WATANIYA Airways, Kuwait’s newest carrier, commenced cargo operations on 1 November 2009, offering premium and express products to the region using its growing fleet of narrowbody Airbus aircraft. Wataniya Airways Cargo plans to offer a quality service that it says will "match and exceed the service levels of its regional ...
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Delta says good riddance to its final freighter ‘wart’
DELTA Air Lines is relieved to cut off the “wart” of freighter operations, according to vice-president cargo, Neel Shah.As the carrier prepared to ground the last of its once 14-strong B747-200F fleet at the end of 2009, Shah questioned the viability of operating cargo aircraft.The decision to pull out of ...
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Capacity crunch
SUDDENLY the first flickers of smiles are appearing on the faces of cargo airline executives as the peak season out of Asia provides a bonanza of bookings and a rate escalation that has at least helped partially stem the haemorrhaging of cash.Yet the unpredicted demand does not signal the beginning ...
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Screening bottlenecks set to ‘cause chaos’
WITH the implementation deadline for 100 per cent screening of bellyhold cargo looming, carrier executives are warning of screening bottlenecks next summer unless large numbers of forwarders get certified under the US administration’s air cargo security programme.Their clarion call comes just as the Transportation Security Agency’s approach to air cargo ...
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Iraqi Airways fights back against monopoly claims
IRAQI Airways is slowly getting back on its feet, according to operations director, Captain Guy Moss (right). After years of embargo by the United Nations, following Saddam Hussein’s attack of Kuwait in 1990, the once formidable Arabian carrier is undergoing a process of renaissance, according to Moss.The first visible results ...
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UTi operating income down 42 per cent
UTI Worldwide reported a 42 per cent decrease in operating income for the third quarter, down to US$31.4 million, from $53.8 million. There was a 20 per cent drop in revenues down from $1,210.1 million to $967.2 million. Net revenues were $361.5 million, a decrease of 11 per cent from ...
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Holes riddle US air cargo security
IN an undercover investigation, the US Department of Homeland Security (DHS), has uncovered a wide variety of airfreight security oversights.At five major US airports, investigators were able to walk around secure cargo areas without being challenged. At one freight forwarder, they tripped an alarm walking into a secure area where ...
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Cargolux year a “disaster”
ULRICH Ogiermann, president and chief executive officer of Cargolux, has branded 2009 a “disaster” for the company. Ogiermann said that a year of poor demand and heavy fines will leave the carrier with a “three-digit million loss”.This year Cargolux has to pay the first of five US$19 million annual fines ...
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Frankfurt to raise rates by 12.5 per cent
FRANKFURT Airport has announced plans to raise its rates by 12.5 per cent by October 2011, despite freight traffic at the airport dropping 17 per cent his year.Charges will increase by four per cent on 1 July, 2010, and by three per cent on 1 October and again on 1 ...
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Hong Kong peak surprise
HONG Kong has started to see signs of a peak season re-emergence after last year’s dismal offerings. Hong Kong Air Cargo Terminals, which handles about 80 per cent of Hong Kong’s cargo traffic, recorded a 1.7 per cent increase in October compared to last year, to a total of 225,856 ...
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October better but rebound still distant
INTERNATIONAL scheduled traffic results for October show conditions are slightly improving. Demand for international cargo rose to 0.5 per cent below previous year levels, significantly better than the 5.4 per cent decline recorded in September. Cargo load factors continue at 54.1 per cent.Cargo traffic is 14 per cent above the ...
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China approves new cargo operator
THE Civil Aviation Administration of China has approved an air operator’s certificate for new freighter operator Shunfeng Airways.The carrier will operate two Boeing 757-200 freighters, starting out with around 20 flights per week, based in Shenzhen International Airport.Shunfeng Airways is a joint set up between Chinese express courier company SF ...
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Avient’s new MD-11F crashes In Shanghai
Days after being delivered to the airline, Avient’s first MD-11F has crashed at Shanghai-Pudong’s International airport, claiming the lives of three crewmembers.The accident happened at 08.16 local time on 28 November as the aircraft was departing on a charter flight bound for Bishkek, Kyrgyzstan. Of the seven crewmembers on board ...