All Airlines articles – Page 206
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News
Airfreight prices jump in July, but rate of improvement narrows
Airfreight rates climbed again in July as volumes continue to soar and forwarders anticipate a strong peak season, but the rate of growth has narrowed.The latest Sea and Air Shipper Insight report from consultant Drewry shows that the average all-in buy rate across 28 major east-west lanes reached $2.64 per ...
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American Airlines adds new Middle East air cargo GSA
American Airlines Cargo has chosen Heavyweight Air Express (HAE) as its General Sales Agent (GSA) in the United Arab Emirates.HAE replaces long-standing GSA, Airline Cargo Resources (ACR), which has recently chosen to downsize its commitments in the region.This is the second area of the world in which HAE was chosen ...
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News
Ronald Lam takes charge of Cathay's cargo business
Cathay Pacific has appointed Ronald Lam to the newly created role of director commercial and cargo.The role was created earlier this year as part of a shake-up of the management organisation.Previously, the cargo department had its own director role, mostly recently occupied by Simon Large, who is now director of ...
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NewsAmericas Cargo Monthly: Airfreight demand continues to soar at US carriers
US airlines continued to see air cargo traffic increase at double-digit percentage levels in July, with improvements recorded at American, Delta and United.United, the largest freight carrier of the three airlines, saw demand increase by 17.1% year on year during the month to reach 279m cargo ton miles (CTM).This is ...
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News
Virgin Atlantic appoints new cargo handler in San Francisco
Virgin Atlantic has appointed Alliance Ground International (AGI) as its cargo handler in San Francisco as the airline continues to report strong growth into the US.The new handling contract extends Virgin Atlantic’s working relationship with AGI in the US as the handler already handles cargo for the airline in Miami, ...
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NewsCathay swings to H1 loss despite improving cargo business
Cathay Pacific recorded a loss in the first half of the year, despite the positive performance of its cargo business (see tables at end of article).The Hong Kong-headquartered airline recorded a loss attributable to shareholders of HK$2bn during the first half, compared with a profit of HK$353m last year. Revenues ...
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News
Swiss WorldCargo consolidates in the US
Swiss WorldCargo will re-organise its set-up in the American market, consolidating its current three regions into two.From October 2017, Swiss WorldCargo’s American organization will be consist of two regions: Western, southern USA & South America and northeast/Midwest USA and Canada.The newly created region Western, Southern USA & South America will ...
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News
IAG Cargo looks to automotive for new Nashville operation
IAG Cargo will begin offering services to and from Nashville, Tennessee, from May next year as it looks to capitalise on the city's automotive sector.The new passenger service will fly five-times-a-week between the US hub and Heathrow in the UK utilising a Boeing 747-8, which offers a payload of 15 ...
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News
SIA and Avianca in codeshare agreement
Singapore Airlines (SIA) and Latin-American carrier Avianca have signed an agreement to codeshare on each other’s flights with effect from September 2017.Under the new agreement, SIA customers will have wider connections to Bogotá, Colombia, Avianca's major hub location. SIA will add its SQ designator code to Avianca-operated flights from its ...
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NewsEuropean air cargo monthly: Freight continues to take off at Lufthansa and IAG
Major European airlines saw cargo demand growth accelerate in July, despite some warnings growth may have reached its peak.The latest figures from Lufthansa, IAG and Finnair all point to continued improvements in air cargo demand, with percentage growth in July beating their average for the year to date.Air France KLM ...
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News
Virgin Atlantic Cargo appoints account manager for Australian business
Virgin Atlantic Cargo has appointed Jarrod Paterson has joined as account manager – Melbourne to support the launch of new Melbourne services by the airline’s partner, Virgin Australia.Paterson joins Virgin Atlantic after nearly four years with GSA Australia Cargo, latterly as station manager Victoria.Earlier in his career, he worked for ...
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NewsAsian airfreight rates on the up, but transatlantic feels the squeeze
Airfreight rates on services from Asia continued to track ahead of last year’s levels in July, while some weakness was noticed on the transatlantic.The latest figures from TacIndex show that airfreight rates on services from Hong Kong to the US increased by 33% year on year in July to reach ...
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News
Lufthansa Cargo stays in the black as revenues and volumes soar
Lufthansa’s cargo and logistics division recorded improved revenues and operating profits in the second quarter of the year, helped by strong demand growth in its Asia Pacific business.The German airline’s logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and an equity investment in AeroLogic, saw second-quarter revenues increase by 18.8% ...
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News
Delta adds Cargo Control Center to improve shipment tracking
Delta Cargo has officially opened its Cargo Control Center (CCC), which will support daily cargo operations across the globe.The new Atlanta facility provides comprehensive coverage of all aspects of cargo transportation and management, with the ability to track air shipments, trucks, mail, and freight – domestically and internationally.Gareth Joyce, president-cargo ...
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News
AF KLM registers Q2 cargo traffic improvement but revenues down
Air France KLM saw cargo traffic and load factors improve during the first half of the year, although it did register a small decline in revenues.The Franco Dutch airline, which last week announced it would invest in Virgin Atlantic, saw second-quarter cargo revenues decline to €506m from €507m last year.Meanwhile, ...
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News
IATA survey of airline and cargo bosses saw Q2 profits rise
An IATA survey found that more than three-quarters of airline chief financial officers and heads of cargo indicated that profitability increased in the second quarter of 2017 compared to the same period of 2016.However, IATA added that the first quarter may have marked the bottom of the industry profitability cycle.The ...
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News
American Airlines expands European trucking as global Q2 revenues soar
American Airlines Cargo has expanded and extended its European trucking network this summer.News of the European road feeder boost came as the US carrier announced its second quarter 2017 group results, which saw cargo revenue across the global network up by 13.1% to $196m, due to a 15.1% increase in ...
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News
Flying fish: Turkish Cargo provides Pearls of the Aegean for Kuwait dining tables
Turkish Cargo is now accepting fresh fish shipments on its direct Bodrum-Kuwait passenger flights as part of a sameday perishables supply chain to serve the appetites of consumers in the Middle East country.The Turkish carrier said that it is offering the service after requests from the Aegean Region, where three ...
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Second quarter cargo surge for IAG
British Airways, Aer Lingus and Iberia parent group IAG had a strong cargo second quarter as airfreight revenues at the European group soared by 7.9% to €260m against the same quarter of 2016, or an increase of 7.6% on 2016 at constant exchange.IAG's half year 2017 results saw cargo revenues ...
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NewsAsia Air Cargo Monthly: Strong freight demand expected to continue
Asian airlines continued their bumper start to the year in June and expectations are that cargo demand will remain strong for the rest of 2017.The latest Asian airline figures show robust cargo demand in June, with the Association of Asia Pacific Airlines reporting a 10% increase in freight tonne kms ...