All articles by Air Cargo News (Admin) – Page 505

  • News

    Continental Airlines announces first quarter loss

    23 April 2009

    CONTINENTAL Airlines has reported a first quarter 2009 net loss of US$136 million. The quarter’s results were heavily affected by significant declines in cargo but also passenger traffic as many business travellers curtailed travel or purchased lower yield economy tickets due to the weakened economy.Cargo revenue for the first quarter ...

  • News

    US pets to travel in style

    20 April 2009

    A NEW airline will start flying in July in the US dedicated to shipping pets around the country.Florida-based Pet Airways will allow concerned pet owners, who have up to now been uncomfortable entrusting their pets into the bellyhold, with all the dangers that that can entail, to ship them in ...

  • News

    Pensions funds lose out to cargo airline investment

    20 April 2009

    COURT documents filed last week in the US have revealed details on how two businessmen convinced pension trustees to loan them US$30 million to buy a cargo airline that went bust.Donald Watkins and Donald Stukes persuaded the Detroit, US, trustees to loan them the money in under three weeks but ...

  • News

    New routes update

    19 April 2009

    ROYAL Jordanian has started flying again between Amman, Jordan and Brussels, Belgium. The service will use an Airbus A319 twice weekly, on Saturdays and Wednesdays.AEROFLOT Cargo is now flying between Frankfurt Hahn, Germany and St. Petersburg, Russia using an MD-11F.LUFTHANSA has launched a direct daily service between Dusseldorf, Germany and ...

  • News

    UPS DHL talks fail

    19 April 2009

    TALKS negotiating the possibility of UPS to handle DHL’s US domestic deliveries have been terminated.“UPS and DHL have mutually agreed to terminate their negotiations,” UPS spokesman, Norman Black, said. “UPS is in its quiet period before earnings and will have nothing further to say at this time.”“We were unable to ...

  • News

    Airport update

    16 April 2009

    KOLKATA (Calcutta) airport’s international cargo section received an anonymous phone call warning of a bomb last month. Security evacuated the 300 employees but discovered no explosives. Central Industrial Security Force CISF commandant Jayati Ghosh said that security at the airport had been strengthened.PRAGUE airport handled 25.4 per cent less cargo ...

  • News

    Lufthansa Cargo expands activities in Africa

    16 April 2009

    LUFTHANSA Cargo is offering seven new destinations in Africa in cooperation with the Kenyan cargo carrier Astral Aviation. Under the accord with the Kenyan airline, Lufthansa Cargo MD11 freighters will fly cargo to Nairobi from where it will be distributed to five other African states on freighters operated by Astral ...

  • News

    FedEx cuts fleet by 14

    15 April 2009

    FEDEX is to scrap 14 of its aircraft in the face of continuing decline in demand. Ten A310-200s and four MD10-10s will be removed from service by 31 May. They will be replaced“This decision reflects management’s ongoing efforts to optimise the company’s express network in light of continued excess aircraft ...

  • News

    Hactl figures down but stable

    14 April 2009

    HACTL’s (Hong Kong Air Cargo Terminals Limited) March traffic figures showed a decline of 21.1 per cent compared to last year. Total tonnage for the month was 186,636 tonnes while cumulative tonnage for the first quarter was 463,014 tonnes, down 24.7 per cent against 2008.Export to China showed a considerable ...

  • News

    Three more fined for cargo fixing

    14 April 2009

    ONGOING investigations into cargo price fixing in the US have forced three more carriers to plead guilty.Cargolux (Luxembourg), Nippon Cargo (Japan) and Asiana (South Korea) have agreed to cooperate with the US Justice Department and will therefore be given reduced fines totalling US$214 million.Cargolux is charged with fixing cargo rates ...

  • News

    New managers for Etihad

    8 April 2009

    ETIHAD Crystal Cargo has appointed three new sales managers.Abdulla Al Shawoosh, cargo sales manager for Abu Dhabi and Al Ain and Samina Khan, sales account manager for Dubai and the Northern Emirates join Albert Soliman, the airline’s new regional cargo sales manager for the Middle East and Africa.Des Vertannes, Etihad ...

  • News

    Case starts against Heathrow runway

    7 April 2009

    PROTESTORS against Heathrow’s proposed third runway have launched a legal appeal. A group of 23 local authorities, local residents groups and environmental organsisations are claiming that the government’s decision was irrational and its consultation process was unlawful.They argue that transport minister Geoff Hoon’s decision to go ahead with a half-capacity ...

  • News

    Customs delegation visits Davies Turner

    6 April 2009

    A HIGH-level delegation of representatives from a joint EU/China Customs project has visited the London Heathrow headquarters of Davies Turner Air Cargo (DTAC). The delegation is studying the implementation and delivery of authorised economic operator (AEO) status accreditation.Led by officials from Chinese Customs and also including HM Revenue and Customs ...

  • News

    European airfreight collapsed

    6 April 2009

    TRAFFIC data for the first two months of 2009 show that European airfreight “has all but collapsed”, according to the Association of European Airlines (AEA).Compared to the corresponding months of 2008, traffic volumes in January were 21.1 per cent down, while the February figure was -21.0 per cent although this ...

  • News

    Expeditors move to Frankfurt

    2 April 2009

    EXPEDITORS International, held the foundation-stone ceremony on 26 March for its new German headquarters to be built at the Mönchhof logistics park near Frankfurt Airport.The construction site is located on Tiber Strasse within Fraport’s new 110-hectare Mönchhof development area – the single largest remaining commercial development site in the entire ...

  • News

    Cautious hope in ACI figures

    2 April 2009

    FIGURES from the Airports Council International (ACI) show that for the third month in a row freight traffic continued to fall in February, with reduction of around 20 per cent worldwide compared to the same months in 2008.These figures mirror the record export declines that have occurred across the world. ...

  • News

    Obama appoints Babbitt as FAA head

    1 April 2009

    US President Barack Obama has chosen Randy Babbitt (right) as the new head of the Federal Aviation Administration (FAA).Babbitt, is a consultant who had previously run the Air Line Pilots Association (ALPA), the largest airline pilot union in the world, in the 1990s.As head of the FAA Babbitt will become ...

  • News

    DSV strengthens presence in Latin America

    1 April 2009

    DSV Air & Sea and Inversiones Los Inkas have established a joint venture in Latin America. It will started on 1 April and will operate under the name DSV-GL.Inversiones Los Inkas is the parent company of Goldenlogistics, which is already the current partner of DSV.The venture will operate out of ...

  • News

    DSV cuts jobs

    31 March 2009

    DSV is to cut staffing levels by 12 to 15 per cent. Around 3,500 of the 25,000 jobs will be axed as part of the integration of ABX Logistics, which DSV bought in October last year.While DSV admits that there were going to be some job losses following the takeover, ...

  • News

    airBaltic picks Airline Services GSA for Finland

    31 March 2009

    LATVIAN airline airBaltic has appointed Airline Services GSA as its cargo GSSA for Finland.Airline Services GSA managing director Jari Aaltonen said: “airBaltic is an excellent replacement for Lithuanian Airlines (FlyLal), which we lost when they ceased operations early this year. FlyLal was based on trucking to Vilnius and we therefore ...