All Airlines articles – Page 207
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News
Delta, Air France KLM, Virgin and China Eastern deepen partnerships with equity deals
Air France KLM, Delta Air Lines, Virgin Atlantic and China Eastern have revealed plans for a major strengthening of their partnership that will involve the airlines making more equity investments.In an announcement, the carriers said that Air France KLM will acquire a 31% stake in Virgin Atlantic for around £220m.The ...
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Shawn Cole named vice president of Delta Cargo
Shawn Cole has been named as vice president of Delta Cargo, after the division's president took on the extra responsibility of airport customer service earlier this year.“Shawn is a solutions-driven Delta executive of nearly 10 years,” said Gareth Joyce, president – Delta Cargo and senior vice president – airport customer ...
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Dynamic airfreight pricing, what it means for shippers and forwarders
Posted airfreight rates with promotions change about once a month, on average. When airlines make the shift to dynamic pricing, rates change constantly, driven by excess capacity and diminishing time before departure, writes Manel Galindo* of Freightos.Once the majority of airlines make this shift to dynamic pricing, our industry will ...
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Etihad Airways registers $1.8bn loss in 2016 as cargo comes under pressure
Etihad Airways saw its cargo revenues drop by 10% last year despite an increase volumes, while the overall company slipped to a $1.8bn loss.The Abu Dhabi-hubbed airline recorded cargo revenues of $900m in 2016 compared with a $1bn in 2015. This came despite a 0.8% increase in cargo volumes to ...
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VIDEO: Improving air cargo security in the US
The US air cargo industry has been debating how it believes the sector can make supply chains more secure (see video at end of article).Air cargo participants presented their thoughts on air cargo security to a Homeland Security subcommittee chaired by Republican John Katko.President of the Cargo Airline Association Stephen ...
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IAG Cargo to offer time-critical service for pharma shipments
IAG Cargo has announced that it will expand its time-critical service to include pharma shipments.The airline group, which includes British Airways, Iberia and Aer Lingus, said that following successful trials of its Constant Climate Critical service across India, the UK and Europe, IAG Cargo is rolling out this new offering ...
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Cobalt Air appoints AIA Cargo as worldwide GSA
Cyprus-based airline Cobalt Air has appointed Airbridge International Agencies (AIA Cargo) as its worldwide cargo general sales agent (GSA).A spokesperson for the low cost carrier said: "The appointment marks another positive milestone in the development of Cobalt Air, Cyprus’ fastest growing airline, and will enable the airline to generate additional ...
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Airlines appeal European Commission's cartel fines of €776m
The European Commission (EC) faces a further appeal by eleven airlines over its March 2017 decision to re-adopt a previous ruling and to impose fines totalling more than €776m on the carriers for operating a price-fixing cargo cartel between 1999 and 2006.KLM, British Airways, Lufthansa and eight other carriers have ...
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KLM boss Elbers in high profile support of airfreight and freighters
Cargo can often be the forgotten partner of its passenger counterpart, but not at KLM, where the Dutch airline’s president and chief executive, Pieter Elbers, is fully behind the freight division.Elbers struck a high-profile when KLM-Martinair opened its new sort centre at Amsterdam’s Schiphol airport, a “tens of millions” euro ...
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Airfreight prices climb in June but growth rate narrows
Global average airfreight rates continued to track ahead of last year’s levels in June, but the rate of improvement has slowed compared with a month ago.The latest Sea and Air Shipper Insight report from Drewry shows that average all-in buy rates across 21 major east-west trade lanes increased by 1.1% ...
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A new book on ULD handling and safety
ULD CARE, a not-for-profit Canadian corporation, has published a new book, ULD Explained, aimed at promoting the correct handling of unit load device (ULD) containers.The book, available in eBook and hard copy formats, will promote greater awareness of the flight safety contribution of ULDs, the need for correct handling of ...
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European air cargo monthly: Fidget spinners help IAG to double-digit growth
Air cargo demand at some of Europe’s major airlines continued to grow at a high level in June, with double-digit percentage improvements at IAG Cargo, helped by the fidget spinner craze.The latest monthly traffic statistics released by airlines show that in June IAG Cargo, which includes British Airways, Iberia and ...
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UPS supersizes in Salt Lake City
UPS is to build one of its largest packaging processing hubs to date at Salt Lake City as part of an ongoing expansion programme. When completed in late 2018, the new 840,000 sq ft facility will process 69,000 packages per hour, adding to the existing 200,000 sq ft operations in ...
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WCS17: How air cargo can fight back to profitability
Air cargo can improve profitability levels by encouraging adherence to contracts, offering transparent pricing, developing joint global solutions, moving to a modern commerce business model and creating carrier partnerships.Speakers at an IATA World Cargo Symposium session on air cargo profitability largely agreed that capacity was set to continue to grow ...
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New tax could hit Indian airfreight exports
An Indian trade organisation has warned that a proposed tax on airfreight exports will stifle growth in the country’s air cargo sector, while it has also called for investment in the sector.At its annual Air Cargo Summit, PHD Chamber of Commerce and Industry warned that moves to include airfreight exports ...
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Delta Cargo appoints Eric Anderson as Asia Pacific sales director
Delta Air Lines Cargo has appointed Eric Anderson as director, cargo sales for the Asia-Pacific region, effective August 1.Anderson, who will be based in Tokyo, assumes the role previously held by Eric Wilson, recently promoted to managing director, global cargo sales.Anderson will lead the cargo sales team across Asia-Pacific, said ...
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Join the exclusive cargo club at Farnborough International Airshow 2018
The organisers of the world famous Farnborough International Airshow 2018 have announced record monthly bookings for next year's event, which takes place on July 16-22.Air Cargo News will be in attendance and we are exclusively selling exhibition packages for the dedicated Cargo Village, which will feature some of the biggest ...
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Qatar Airways sees cargo demand surge past 1m tonnes
Qatar Airways saw cargo demand surpass the 1m tonne mark for the first time during the last fiscal year, while revenues were also up.In its annual report, the airline group revealed that in the 2017 fiscal year it saw cargo demand increase by 20.9% year on year to 1.15m tonnes. ...
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Top 25 cargo airlines 2016: FedEx maintains top spot but ABC and Qatar on the up
FedEx was once again the busiest freight airline in the world, while Qatar Airways, AirBridgeCargo (ABC) and All Nippon Airways were among the fastest growers in 2016 (see end of article for full table).The annual World Air Transport Statistics report from Iata showed that in freight tonne km (FTK) terms, ...
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Emirates and flydubai join forces
Emirates and low cost sibling carrier flydubai have unveiled an "extensive partnership" which will see the two Dubai-based airlines join forces.Both airlines, fully owned by the Investment Corporation of Dubai (ICD), will "continue to be managed independently," a joint statement said, but added that they will "leverage each other’s network ...