All articles by Air Cargo News (Admin) – Page 499
-
News
Latin American airlines to merge
COLOMBIA’S Avianca and El Salvador's Taca airlines are set to merge. Each will maintain their own identities and operate separately, although Avianca's shareholders will receive a controlling 67 per cent of the stock in the new holding company – Holdco – while Taca's will receive the remaining 37 per cent.The ...
-
News
Emirates increases demands for new 777
EMIRATES Airline has reissued its demands to Boeing to improve the range of the 777. Failing that then the airline wants Boeing to create a new longer-range version.Tim Clark, chief executive of Emirates, said: “We have been in dialogue with Boeing for almost four years about this, but recently we ...
-
News
Airport Update
HONG Kong Air Cargo Terminals Limited (Hactl) has announced a drop of 16.3 per cent on its cargo tonnage for the first nine months of the year, down to 1,624,116 tons. For September, the company measured a drop of 4.3 per cent, a total of 212,391 tons, taking the third ...
-
News
Iraq monopoly is a disgrace
AIRFREIGHT shipments into Iraq are in chaos, according to brokers, forwarders and integrators, following the imposition of new procedures that hand a complete monopoly on services and control of pricing to Rus Aviation.Since Rus Aviation was appointed the sole agent in August many other regional operators have been prevented from ...
-
News
Coyne benefits from Kazakh oil boom
THE growing oil and gas trade in western Kazakhstan is providing greater opportunities for specialised project freight forwarders, according to Larry Coyne (right), chief executive officer of Caspian air transport specialist Coyne Airways.“We have pioneered services to Aktau, Atyrau and Uralsk in the west of the country in support of ...
-
News
Polarised market will create a new age of global brokers
THE cargo charter broker’s market is going through a current phase of “polarisation”, accelerated by the current market conditions, according to Air Charter Service’s commercial director, Justin Bowman (right).“The freight forwarding business has matured, with a group of true multinational players – and this business is now going the same ...
-
News
Australia promotes Melbourne airfreight
AUSTRALIA’S state Victoria has launched an organisation to boost its supply chain performance. The Victorian Airfreight Working Group (VAWG) will focus on issues affecting the growth and productivity of Victoria’s airfreight sector.“We recognise that our airfreight industry is critical to getting so many of our products to domestic and international ...
-
News
Australian court dismisses SIA Cargo appeal
AUSTRALIA’S Federal Court has dismissed Singapore Airlines (SIA) Cargo’s appeal against its alleged price-fixing charges.SIA Cargo claimed that the Australian Competition and Consumer Commission (ACCC) had no right to fine it for alleged activities that occurred outside Australia. However, the court said “prices fixed for legs of a journey which ...
-
News
Its not our fault
FREIGHT forwarders that were “held to ransom” by airlines in the boom times, are looking on bemused as airlines blame the banks, ocean freight, their direct competitors and anyone but themselves for the massive losses currently being reported by their cargo divisions.At the FIATA World Congress, held in Geneva last ...
-
News
Airlines pledge to go green but it will cost you
BRITISH Airways chief executive, Willie Walsh (right), has presented IATA’s proposals for reducing the aviation industry’s greenhouse gas emissions to the UN Secretary General’s Summit on Climate Change in New York.The three main targets given were to improve carbon efficiency with a 1.5 per cent average annual improvement in fuel ...
-
News
New 777F game changer for FedEx
FEDEX Express has taken delivery of its first 777 freighter, the first for a US-based global freight carrier and the ninth that Boeing has delivered.“The 777F is a game changer,” said Michael Ducker, president, international, FedEx Express, speaking at the delivery. “Its operational efficiencies and environmental benefits alone are impressive, ...
-
News
JAL centre of investment tug of war
JAPANESE Airlines (JAL) is at the centre of negotiations for airlines wanting to invest in the financially troubled carrier.At the forefront is American Airlines (AA) and Delta. Both are keen to involve themselves with JAL as a partnership would give either one access, via code sharing, to JAL’s valuable trans-pacific ...
-
News
Surprise surprise
LESS than a week after Air Cargo News exclusively revealed that LH Cargo was to instigate an almost immediate 25 per cent hike in rates, AF-KLM released a near identical letter to customers revealing its own 20 to 30 per cent rate increase. It was shortly followed by Delta and ...
-
News
Spirit of Panalpina under review
PANALPINA is reviewing the future of its Atlas freighter, the “Spirit of Panalpina”, because of the downturn and trends in the market.The contract for the B747-400 freighter - which Panalpina has wet-leased direct from Atlas since the late 1990s – expired in late August, but has been extended till the ...
-
News
First B747-400F recalls a previous crisis
IT recalls an earlier era when carriers enthusiastically ordered a brand new freighter type, only to have second thoughts in a sharp economic downturn.B747-400 freighter LXFCV, now undergoing a C-check in the gleaming new maintenance hangar of Cargolux, was ordered by Air France in 1989, and was only the second ...
-
News
Deeper losses predicted for 2009
GLOBAL airline losses are forecast to increase from the previous estimate of US$9 billion to at least $11 billion this year. The increase is due to rising fuel prices and exceptionally weak yields. Industry revenues for the year are expected to fall by US$80 billion (15 per cent) to $455 ...
-
News
Treat GSAs fairly or pay the price says NCS
THINGS need to change and change soon, according to Howard Jones (right), president of Network Cargo Systems.“You cannot sell cargo at the rates that we’re selling cargo today. It’s an impossibility,” he says.Jones has been in the industry for 25 years and like so many others he says he’s never ...
-
News
Bitter fighting ends VatryAvient relationship
DC-10 freighter airline, Avient, moved its operations, lock, stock and barrel to Liege airport on 8 September, amidst claim, and counter claim, with its former base.Youri Busaan, director, business development at the airport said that the airline owes “a substantial amount of money”, believed to be in excess of €1 ...
-
News
India seizes UAE aircraft for illegally carrying weapons
A UAE Air Force C-130 Hercules on its way to China was detained at Kolkata (Calcutta) airport for illegally carrying weapons.The aircraft was stopping overnight to refuel en route from Abu Dhabi to the northern Chinese city of Xianyang. It had all the necessary clearances to land in India, but ...
-
News
Cargoitalia ready for first scheduled flight
CARGOITLAIA will operate its first scheduled service tonight (9 September), following its recent relaunch under new ownership and management.The first flight – flight number 2G4230 – will operate from Milan to Hong Kong, departing 21.00 and arriving 17.00. The return flight – flight number 2G4231 – will operate the following ...