All Airlines articles – Page 183
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News
Air cargo demand at three year low in January
Air cargo suffered its worst January in three years as the industry continues to face “significant headwinds”.Figures from IATA show that January saw airfreight traffic declined by 1.8% year on year in freight tonne km terms, which the airline association said was the worst performance in the last three years, ...
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UK flights "protected in no deal Brexit scenario"
UK government sets out detailed plans confirming protection for flights in a no deal scenarioEU no deal aviation regulation also about to be finalised to ensure UK airlines can continue to operate to EuropeContingency measures provide industry and holidaymakers with the certainty they need and ensure flights will continue after ...
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Perishables, pharma and high-tech mitigate January drop in total air cargo volume
January 2019 another volume drop in total chargeable air cargo weight, this time of 2% year on year (YoY), coupled with a dollar yield drop of 2.5%, confirming a trend seen over a number of months said market analyst WorldACD in its latest report.The smaller regions of Africa and Central ...
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ATSG looks to its strengthened platform following Amazon extension and Omni deal
Aircraft lessor ATSG saw adjusted revenues and earnings for the year increase by more than 20% in the final quarter of the year.The Wilmington-based firm reported a 27% increase in adjusted fourth-quarter revenues to $280.8m, while adjusted earnings from continuing operations were up 23% to $24.1m.ATSG president and chief executive ...
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NewsQantas enjoys strong six months with cargo on the up
Australian flag-carrier Qantas has announced strong financial results for the six-month period that ended on December 31 (the first half of its current financial year).Net freight revenue reached A$525, up by 15% on the same period of 2017.The carrier said in a statement that, “The freight business delivered a steady ...
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European Cargo Monthly: Tough start for Lufthansa and AF KLM
Lufthansa Cargo and Air France KLM have had a tough start to the year, with both reporting declines in freight traffic figures in January.German carrier group Lufthansa saw cargo traffic decline by 5% year on year in January to 767m revenue cargo tonne kms (RCTK).Meanwhile, capacity increased by 7% resulting ...
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Cathay Pacific suffers decline in January’s cargo
Cathay Pacific Group saw its cargo volumes fall in January compared to the same month of 2018.Cathay Pacific and sister carrier Cathay Dragon carried a total of 166,735 tonnes of cargo and mail last month, a fall of 3.4% year on year.Capacity, as measured in available freight tonne-kilometres, increased by ...
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BIFA calls for response to UK Government’s Brexit consultation
The British International Freight Association (BIFA), the trade association for UK freight forwarding and logistics companies, has urged its members to respond to the UK Government’s aviation policy consultation process.As the UK prepares its long-term aviation policy running through 2050, the government has sought industry input into developing its strategy.The ...
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News
Lufthansa Cargo and AF KLM Cargo lead the way for digital connectivity
Lufthansa Cargo and Air France KLM Cargo have been rated as the best carriers for digital connectivity, according to a new report from online marketplace Freightos.Freightos created a specific methodology to assess the progress made by air (and ocean) cargo carriers on digitalisation, applying 26 parameters across three categories to ...
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NewsAir New Zealand collaborates with Red Cargo
RedCargo Logistics, the cargo and logistics wing of Kuala Lumpur-headquartered low-cost carrier AirAsia, has signed an interline agreement with Air New Zealand to provide additional market access to their respective cargo businesses.The partnership, the first of its kind for RedCargo, provides for “shared value and cooperation alongside the complementary strengths” ...
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News
Mixed results for AF KLM Cargo
The Air France-KLM airline group has reported its 2018 full-year results, which paint a mixed picture with cargo volumes down but revenues up.In terms of its freight-related operations, over the course of the year cargo volumes fell by 0.1% compared to 2017 to 1.14m tonnes, while revenues rose by 4.1% ...
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Turkish Cargo opts for DoKaSch’s Opticooler
Turkish Cargo has signed a master rental agreement with DoKaSch Temperature Solutions for lease of the latter’s Opticooler containers, designed for the shipment of temperature-sensitive products such as vaccines and other pharmaceuticals by air.Frankfurt, Germany-headquartered DoKaSch will begin supplying its active temperature-controlled Opticooler to the Turkish freight carrier from this ...
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NewsAmerican Airlines Cargo adds new team members
American Airlines Cargo has announced the appointment of new several new leaders, some who will be joining the cargo team for the first time.Lorraine Chin has joined the cargo team as general manager, cargo operations at Los Angeles International Airport (LAX).She takes on this new role after serving as a ...
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Atlas looks back on record results in 2018
Atlas Air Worldwide Holdings (AAWW) has reported record fourth-quarter and full-year volumes, revenue and earnings in 2018.Moreover, the Purchase, New York-headquartered provider of outsourced aircraft and aviation operating services has predicted continued growth this year.“2018 was another great year for Atlas, with substantial growth in the scale, diversity and profitability ...
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News
Delta Cargo rebrands its product offerings
Delta Cargo has rebranded its international product mix to align with SkyTeam Cargo, providing customers with a common product portfolio across the global airline alliance.The Atlanta-headquartered carrier has introduced the new product categories of General, Express, Critical and Specialized, but only the names have changed – there are no changes ...
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SIA Cargo reports disappointing January figures
Reporting on its January freight statistics, Singapore Airlines Cargo (SIA Cargo) has revealed that its cargo load factor fell by 3.8 percentage points compared to the same month of 2018 – down from 61.9% to 58.1%.That was because cargo traffic (as measured in freight tonne-kilometres) fell by 6.2% year on ...
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NewsEmirates to link Dubai to Porto
Emirates B777-300ERDubai-based Emirates has confirmed that it is to launch a four times a week connection from its home hub to Portugal’s second-largest city, Porto.On July 2, Porto will become the airline’s second Portuguese destination, adding to the current twice-daily service to the national capital of Lisbon.The link will be ...
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Emirates says farewell to the A380 production line with a final 14 order
As Airbus announced that it will end the production of its A380 series, the European plane maker reached agreement with Middle East carrier Emirates on outstanding A380 deliveries.The Dubai-based airline will receive 14 more A380s from 2019 until the end of 2021, taking its total A380 order book to 123 ...
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Brussels approves Virgin Atlantic acquisition by Air-France-KLM, Delta and Virgin Group
The European Commission in Brussels has approved the proposed acquisition of joint control over Virgin Atlantic by Air France-KLM, Delta and the Virgin Group.The Commission, which had launched an investigation of the deal under European Union Merger Regulation, concluded that the transaction “would raise no competition concerns” in the European ...
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CHAMP Cargosystems launches EmissionsCalculator solution
CHAMP Cargosystems has launched ian EmissionsCalculator to help airlines, shippers and forwarders measure accurately their supply chain emissionsThe calculator leverages information flowing through CHAMP's IT solutions and from third-parties to provide a breakdown of emissions by flight or air waybill number. It reports on the key greenhouse gasses of carbon ...