All Airlines articles – Page 111
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News
ATSG invests in more B767 conversions as Q3 profits increase
Freighter lessor and operator ATSG has ordered the conversion of four aircraft to 767-300 Boeing Converted Freighters (BCF) as profits continued to rise in the third quarter.During the third quarter, the company reported a revenue increase of 15.3% year on year to $465.9m, adjusted ebitda increased 21.9% against last year ...
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News
CargoLogicAir returns to profit and targets China service
UK-based freighter operator CargoLogicAir returned to profit last year and hopes to add a service to China in the future.During 2020, the company reported profits of $45.4m, compared with a loss of $39.7m in 2019, as prices for all-cargo flights increased due to the Covid-19 pandemic.Revenues for last year stood ...
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News
Supply chain issues continue to drive air cargo demand
Air cargo demand continued to increase in September as ongoing supply chain issues pushed companies to utilise airfreight.The latest figures from airline association IATA show that demand in cargo tonne km terms (CTK) increased by 9.1% in September compared with the same month in 2019.Capacity in available CTK for September ...
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Atlas Air quarterly revenues breach $1bn mark
Atlas Air Worldwide has seen its revenues breach the $1bn mark for the first time in the company's history.During the third quarter, the lessor saw its revenues increase by 25.5% year on year to just over $1bn, while adjusted ebitda climbed 42.9% on last year to $280.5m and net income ...
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NewsLufthansa's cargo business continues at record levels
Lufthansa's logistics division saw revenues and operating profits continue at record levels in the third quarter of the year as industry-wide air cargo capacity continues to be squeezed.The division, which includes Lufthansa Cargo as well as Jettainer, time:matters and an investment in AeroLogic, saw revenues surge 48% year on year ...
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NewsQatar Cargo steps up on fire safety
Source: Qatar CargoQatar Airways Cargo will replace its entire fleet of ULDs with Safran Cabin’s new Fire Resistant Containers (FRC) as it aims to take a lead in countering the risk posed by lithium battery shipments.The airline expects it to take a total of five years to replace its fleet ...
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NewsAir Canada's cargo revenues exceed C$1bn mark for the year
Air Canada Cargo reported record figures in the third quarter of the year as the airline continues its push into the air cargo market.The carrier reported cargo revenues for the third-quarter period of C$366m, an increase of 69.4% compared with a year earlier.Over the first nine months of the year, ...
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InsightsEastern Airlines: Converting to air cargo
Eastern Airlines chief executive Steve Harfst is blazing a trail by mounting a new freighter operation with a fresh approach to conversions, as Ian Putzger finds outOver its history, which reaches back to the 1920s, Eastern Airlines became an iconic brand that still resonates long after its collapse. It pioneered ...
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NewsAir Canada Cargo’s API Solution goes live
Air Canada Cargo customers can now connect directly with the carrier through its new Application Programming Interface (API) solution.This API will, says the airline, streamline manual interactions such as quoting, booking, scheduling, and track and trace requests.It will also improve connectivity and collaboration by connecting different systems and processes to ...
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NewsEtihad sustainable flight reduces carbon emissions by 72%
Etihad Airways has operated its most sustainable flight ever, reducing carbon emissions (CO2) by 72% in absolute terms compared to the equivalent flight operated in 2019.The London Heathrow to Abu Dhabi sustainable flight EY20 – part of the Etihad Greenliner Programme – Used a combination of sustainable aviation fuel (SAF) ...
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NewsUnited Cargo: Making friends and taking a cautious approach
Jan Krems. Source: United CargoUnited Cargo president Jan Krems has been through plenty of peaks and troughs in his seven years in the role and 34 years in the air cargo industry in total, having also spent 27 years with KLM.He therefore has an understandably cautious outlook for the medium ...
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NewsDB Schenker and Lufthansa extend SAF freighter flights until March
DB Schenker and Lufthansa Cargo are extending their sustainable aviation fuel (SAF) powered freighter flights between Frankfurt and Shanghai through the winter season, while Nokia has also joined the initiative.The regular SAF-powered flights were launched earlier this year and the partners will now extend the programme through to March 2022.The ...
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News
Airfreight is Latin American aviation’s real pandemic winner
The transport of cargo was a key driver of Latin American passenger carriers’ success in maintaining their operations during the pandemic, as they went without government financial aid while transporting essential freight to fight Covid-19.And the airlines see that market only growing further in the future.That’s the conclusion of a ...
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News
Cathay Pacific hikes transpac BSA prices as market surges
Cathay Pacific Cargo is hiking its block space agreement (BSA) prices on its transpacific and India services in response to current market conditions.In a letter sent out to customers, the Hong Kong-based carrier said it would impose a General Rate Increase (GRI) of HK$18 per kg on the base rate ...
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News
IATA adds 'quote and book' service to rate portal
Airline association IATA has added a ‘quote and book’ function to its rate portal, with IAG Cargo the first cargo group to offer the new functionality.The addition of live rates and the option to book shipments onto IATA's Net Rates platform will accelerate "the distribution of rates to market while ...
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News
Cathay Pacific Cargo reports busiest month since Covid outbreak
Cathay Pacific Cargo in September reported its busiest month since the start of the Covid-19 pandemic.The cargo carrier saw volumes reach 130,997 tonnes in September, an improvement of 19.7% compared with last year.The increase comes on the back of robust demand and the re-introduction of capacity, which is up by ...
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News
Lufthansa Cargo to offer booking through WiseTech Global
Lufthansa Cargo will add a direct connection to the WiseTech Global platform allowing users to make e-bookings on the carrier's services.The tie-up will provide CargoWise users with air cargo rates, flight availability and the booking confirmation in real-time."Through API connectivity, the connection will increase forwarder productivity, eliminate manual, error-prone data ...
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NewsPolmans and Gadhia to serve another TIACA term after bylaw change
Polmans (L) and Gadhia. Source: TIACATIACA chair Steven Polmans and vice chair Sanjeev Gadhia will continue their work at the association's helm for the next two years following a change in bylaws.The supply chain organisation said that following the "successful transformation of the association", including a revision to the bylaws ...
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News
Could Amazon soon add B777 freighters to its fleet?
Ever since Amazon launched its US domestic freighter operation in late 2015 there has been speculation that the company could one day expand into intercontinental operations.If a recent report from Bloomberg is correct, that speculation could soon turn into reality. A report from the news wire last week suggested that ...
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NewsHigh noon for Lufthansa Cargo's last MD-11F
Lufthansa Cargo has operated its last MD-11F flight after 23 years of operating the type.The carrier first began flying the tri-jet freighter in 1998 with its fleet of MD-11Fs eventually numbering 19 of the model.The model has been replaced by a fleet of more efficient B777Fs.Lufthansa's last MD-11F, which is ...