All Airlines articles – Page 203
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News
Yield recovery maintains momentum, says IATA
Airfreight growth was pegged back to 9.2% in September, its slowest rate for five months, but is still outstripping the increase in capacity said IATA in its latest monthly forecast.However, growth in demand (in freight tonne kilometres, FTKs) was still significantly higher than the five-year average of 4.4%, it added.Freight ...
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No autumn blues for air cargo, says WorldACD
The air cargo industry has gone from dejection to elation in just a year, said analyst WorldACD in its latest report, covering September.WorldACD points out that September 2016 saw volume growth of more than 5% year-over-year (YoY), a level not seen for two years in “the beleaguered air cargo world".Its ...
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KLM to "share slots" with ABC reports TASS as Schiphol row grows
Netherlands passenger and cargo airline KLM is to share its slots at Amsterdam Schiphol Airport with Air Bridge Cargo (ABC), according to a Russian-language report by the TASS news agency, quoting the Russian Federation’s Ministry of Transport.Moscow-based TASS said that the aviation authorities of the two countries are negotiating on ...
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B&H keeps Flybe in the air
B&H Worldwide has extended its relationship with Europe’s largest regional airline, Flybe.The aerospace logistics specialist will provide a range of "time critical solutions" to the carrier through its control tower at its London Heathrow facility and using its OnTrack Cloud-based IT system to manage the process.It will also implement its ...
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Emirates goes daily to Algiers
Emirates is to add an extra flight to its Dubai-Algiers schedule making it a seven days a week service from December 13. The new service will operate every Wednesday with a Boeing 777-300.Emirates senior vice-president commercial operations for Africa, Orhan Abbas, said that the Algiers flight offered connections to and ...
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Oman switches over to SmartKargo
Oman Air Cargo has introduced a new 100% Cloud-based cargo ERP (enterprise resource planning) solution from SmartKargo: an advanced cargo management platform suitable for airlines, ground handlers, sales agents and regulators.Oman Air stated that it chose SmartKargo to “maximise the potential of its cargo business – leveraging the solution’s advanced, ...
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Norwegian looks back – and forward
Norwegian's third-quarter 2017 results saw revenue reached NKr10bn, up from NKr8.3bn in the same quarter of last year.Within that total, the ‘other revenue’ figure of NKr313m derived from freight carriage, commissions, third-party products and external aircraft leases.Norwegian made a net result of NKr1bn, an improvement of 4% compared to the ...
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Air Canada revels in ‘best-ever’ earnings figure, and cargo is up too
Air Canada made C$1.4bn in EBITDAR (earnings before interest, taxes, depreciation, amortisation, impairment and aircraft rent) in the third quarter of 2017, a record figure.It was a $140m increase on last year’s third-quarter EBITDAR of C$1.25bn.Cargo-related revenue rose by a 38% year on year, with an increase of C$179m. In ...
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Lufthansa opts for va-Q-tec passive temp-control containers
Lufthansa Cargo has partnered with va-Q-tec to offer the temperature-controlled specialist's va-Q-tainer thermal containers at stations across the German flag-carrier’s global network.The va-Q-tainer is a temperature-controlled container solution for six temperature ranges from -70°C to +25°C. Negating the need for external energy sources, it is available in five sizes, and ...
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IAG Cargo enjoys ‘strong growth’ in third quarter
IAG Cargo’s 2017 third quarter results saw airfreight's commercial revenue reach €259m, a 10.2% increase over the same July-September period in 2016 when measured at constant exchange rates.The carrier - which includes British Airways, Iberia, Aer Lingus and Vueling - saw its cargo yield for the quarter up by 2.4% ...
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Airline cargo bosses remain in positive mood
Airline cargo bosses are in an upbeat mood, with a new IATA survey suggesting a continued strong financial performance in the second half of 2017.IATA’s latest business confidence survey, conducted in early-October, asked for the opinions of airline chief financial officers and heads of cargo.Exactly 80% of respondents reported that ...
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American Airlines on the up
American Airlines achieved revenues of $10.9bn during the July to September period, up by 2.7% on the same three months of 2016.The giant US carrier also reported a third-quarter pre-tax profit of $1bn despite a challenging operating environment in the second half of 2017, not least because of the hurricanes ...
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AF KLM Cargo adds four winter destinations
Air France KLM Martinair Cargo has announced it will add four new destinations to its winter schedule.From October 29, the Franco Dutch airline group will add new services to Malé in the Maldives, San José in Costa Rica, Port Louis in Mauritius and Mumbai.The Malé service will operate from Paris ...
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Lufthansa sees cargo business continue to improve in third quarter
Lufthansa’s cargo and logistics division saw revenues and operating profits continue to improve during the third quarter of the year as the market maintained its upward trend and the carrier offloaded two MD-11Fs.The German airline’s logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and an equity investment in AeroLogic, saw ...
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Forwarders look to secure airfreight capacity for busy peak
Freight forwarders are bracing for a busy peak period by securing air cargo capacity under block space (BSA) and ACMI agreements.Speaking shortly after announcing third-quarter results, Panalpina said it expected capacity to be an issue while slot constraints at airports, a veiled reference to the issues at Schiphol, would also ...
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Cargo demand up in Asia Pacific but carriers still face pressure
Asia Pacific carriers reported another month of cargo growth in September, but continued to come under pressure due to fierce competition in the region.The latest figures from the Association of Asia Pacific Airlines (AAPA) show that cargo demand increased by a “solid” 11.4% year on year in September to 6bn ...
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IAG Cargo looks to high-tech to fill new San Fransisco service
IAG Cargo will target high-tech volumes to fill a new service being introduced between Madrid and San Fransisco next year.The service is being launched by IAG-owned Iberia in April next year for the summer season. The service will be operated with an A330-200 aircraft, with a 14 tonne capacity, and ...
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Turbulent times for Europe’s leisure airlines
Europe’s low-cost leisure airlines have faced a tough year, with airberlin, Monarch and Alitalia all filling for bankruptcy.The latest development in the long-running Alitalia saga saw Germany’s Lufthansa Group and the UK’s EasyJet submit an offer for parts of the insolvent Italian airline.Although details were thin on the ground, Lufthansa ...
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Qatar Airways joins partnership to combat wildlife trafficking
Qatar Airways has joined a group of private sector, non-government organisations and government agencies to combat wildlife crime across transportation networks.As a partner in the USAID Reducing Opportunities for Unlawful Transport of Endangered Species (ROUTES) Partnership, Qatar Airways has increased its commitment as a signatory to the United for Wildlife ...
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Etihad Airways Cargo awards IBS Software a multi-year contract
Etihad Airways has selected IBS Software (IBS) to implement the software firm's cargo management solution iCargo in a multi-million dollar, multi-year contract.The iCargo system will manage the Middle East carrier's air cargo sales and operations worldwide, automating its network-wide booking, pricing and capacity management functions with real-time revenue management.iCargo will ...