All Airlines articles – Page 176
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News
IAG Cargo revenue decline consistent with market
In its 2019 half-year results, which were released today, IAG Cargo reported revenues of €281m from April 1 to June 30 – 3.2% lower than the same time period in 2018.Sold tonnes, yield for the quarter and CTK volumes were also down; 1.1%, 2.9% and 0.4% respectively. However, the company's ...
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Air France-KLM notes ‘challenging’ H1 market conditions
The Air France-KLM Group’s cargo capacity and volumes rose during the first half of 2019, but market pressures brought revenues down.Cargo capacity was up by 2.1% and traffic by 0.9%, bringing the load factor down by 0.7 percentage points to 58.8%. Volumes, at 549,000 tons, were up by 0.7%.The group ...
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JAL and Kalitta in freighter codeshare
On August 1, 2019, Ypsilanti-based Kalitta Air began operating three Boeing 747-400F flights per week between Tokyo-Narita and Chicago O’Hare under a codeshare agreement with Japan Airlines (JAL).In recent years, JAL has chartered freighter flights as necessary to satisfy seasonal demand, but the new deal with Kalitta Air enables it ...
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AAWW ‘well positioned’ to face near-term headwinds
Second-quarter results at Atlas Air Worldwide Holdings (AAWW) took a hit from tariffs and trade tensions between the US and China, but the global provider of outsourced aircraft and aviation operating services remains confident of its long-term growth.Revenue for the three months ended June 30, 2019 stood at USD663.9mn, down ...
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News
United and AeroUnion bring widebody TempControl to Mexico City
US-based airline United Cargo has entered into an interline agreement with Mexican all-cargo carrier AeroUnion that expands United’s widebody TempControl network to include Mexico City International Airport (MEX).TempControl is a specialised service for the transportation of pharmaceuticals, healthcare material and other commodities requiring temperature-sensitive transport.“We provide TempControl service in MEX ...
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NewsSilk Way West Airlines announces new APAC vice president
Copyright: Silk Way West AirlinesSilk Way West Airlines has appointed Jenny Zhao as its new vice president, Asia Pacific. Zhao will take over from Nurid Aliyev, who has stepped down for personal reasons.Zhao has more than 15 years of experience in the air cargo industry, having previously held senior management ...
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Technology tops forwarders’ agenda, says IAG Cargo
IAG Cargo, the freight arm of UK-headquartered International Airlines Group, has carried out a survey of more than 400 freight forwarders in 47 countries, which reveals that more than half (55%) of respondents see increased automation and digitalisation as “key trends” this year.The report, Cargo Next, indicates that 70% of ...
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News
Cathay Pacific pioneers ULD blockchain technology
Hong Kong-based Cathay Pacific is the first airline to introduce blockchain technology to manage its ULDs in real time via a mobile app and will ultimately eliminate paper receipts, following a successful trial last year.The first stage of the project began in July. It will initially focus on ULD transactions ...
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NewsCathay introduces fire containment bags for lithium-ion battery shipments
Cathay Pacific Cargo has introduced a new fire containment bag that enables it to carry standalone shipments of lithium-ion batteries safely.Cargo products manager Alex Leung said: “These new fire containment bags have been thoroughly tested and meet our stringent safety requirements, and they have also been approved by the US ...
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NewsConlin replaces Mao at Cathay Pacific Cargo
James Conlin (pictured) is taking over from Jeanette Mao as head of cargo global partnerships at Cathay Pacific.Conlin has worked for Cathay Pacific for five years, including stints as country manager for Bangladesh and then for South Korea.Mao is moving to a new post in the airline’s passenger business.
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News
Silk Way Airlines USA picks GFS
Florida-based Global Feeder Services (GFS) is now acting as Silk Way Airlines USA’s exclusive general sales agent in the US, with effect from today (August 1, 2019).GFS president Arthur Ilyayev said: “With the appointment of GFS, our customers will have more options for shipments destined for the Middle East and ...
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News
SIA volumes fall amid global economic uncertainty
Following a disappointing performance in June, Singapore Airlines (SIA) saw its freight traffic decline during the first quarter of its 2019/20 financial year against a backdrop of weakening global demand.Cargo and mail carried during April–June amounted to 307,700 tonnes, down 3.3% on the same period of 2018. Traffic as measured ...
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NewsAir India Cargo adds Unisys Digistics modules
Indian flag carrier Air India is to use Unisys’ Digistics integrated logistics software suite to help improve data quality, cash flow and transparency regarding shipment status.The airline has used the Digistics cloud-based logistics management solution for some time. This new contract will add three more modules on a software-as-a-service basis ...
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NewsLufthansa Cargo profits decline in first half of 2019
Lufthansa Cargo's profits declined in the first half of this year, a report from the company reveals.First-half year adjusted earnings before interest and taxes (EBIT) for Lufthansa's Cargo logistics segment declined to EUR15 million (prior-year period: EUR127 million), as a result of falling demand on routes between Europe and Asia. ...
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NewsSwissport revenues grow for first half of 2019
Swissport has posted increases in revenue and EBITDA for the first half of 2019 and announced plans to refinance some of its outstanding debt.The ground handler says results were driven by organic volume growth, by its acquisition of Aerocare in March 2018, as well as a strong de-icing season in ...
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News
Keep calm and cargo on: Heathrow strikes called off
The UK’s air cargo industry is set to run smoothly this weekend after planned strikes at London's Heathrow Airport, scheduled to happen on July 26-27, were postponed.The strikes could have caused significant disruption to UK air cargo operations, in addition to many other flights and services at Heathrow.In response to ...
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NewsDelta Cargo focusses on investments
Delta Cargo, Shawn ColeOver the last three years Delta Air Lines has invested four times the amount that it spent in the preceding ten years to develop its cargo business.Delta Air Lines vice president of cargo Shawn Cole tells Air Cargo News that much of the investment was made in ...
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NewsTop 25 cargo airlines 2018: FedEx at the top as Qatar closes in on Emirates
FedEx retained its position as the world’s busiest cargo airline in 2018, but the passenger and freighter fleet of Qatar Airways continued to close in on number two Emirates (see chart at end of article).The latest IATA World Air Transport Statistics report shows that express operator FedEx was again the ...
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Air cargo rates take a hit in June
The slowdown in global trade is increasingly taking its toll on air cargo freight rates.According to data provider Tac Index, average rates on transpacific services recorded their biggest decline of the year in June.Prices on the Asia-Europe trade for the month failed to record an increase for the first time ...
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NewsACS utilises An-124 flights for component move
Broker Air Charter Service was recently called into action to move almost 400 tons of components to complete a new power plant in Niger.In total, four flights were needed to complete the operation.Alex Busila, Cargo Director of ACS’s France office said: “Our client needed to get ten 40 foot containers, ...