All Airlines articles – Page 216
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News
FAA forecasts 3.1% average total annual RTM growth for next 20 years
US aviation regulator FAA has issued its long term forecast for domestic and international cargo revenue ton miles (RTMs) over the next 20 years.After decreasing by 0.9% in 2016, total RTMs are forecast to grow 1.4% in 2017, said the FAA in its its annual Aerospace Forecast Report Fiscal Years ...
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Dig-it-isation for Lufthansa Cargo's new Cool Center
Lufthansa Cargo has started construction work on a new Cool Center at its Frankfurt hub. Sören Stark, board member operations, said during the ground-breaking ceremony: “We’ve gained a great deal of experience in the worldwide transport of sensitive medications. CEIV certification from IATA has recently highlighted this. “The excellent collaboration ...
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Air France KLM Cargo to add five new destinations for the summer
Air France KLM Martinair Cargo (AF KLM) has announced it will add five new destinations to its schedule this summer.The Franco Dutch airline group has revealed that from March 26, it will begin offering cargo capacity to Accra in Ghana, Freetown in Sierra Leone, Monrovia in Liberia, Cartagena in Colombia ...
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American Airlines Cargo appoints new head of Florida, Caribbean and Latin America
American Airlines Cargo has announced the appointment of Lorena Sandoval as managing director of its Florida, Caribbean and Latin America (FCLA) division.She takes over from Carmen Taylor who retired from the airline at the end of 2016. Sandoval joined the carrier 26 years ago in Quito, Ecuador, and has held ...
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NewsEuropean Cargo Monthly: Another mixed month for carriers
February was another mixed month for Europe’s cargo airlines as Lufthansa and IAG recorded improvements in demand, while there was a decline at Finnair and Air France KLM.Despite an extra day in February 2016 due to it being a leap year, the continent’s busiest carrier Lufthansa registered a 5.2% year-on-year ...
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Lufthansa and Vereinigung Cockpit reach a deal
Lufthansa and the German pilots’ union Vereinigung Cockpit (VC) have reached an agreement regarding what the former describes as “all previously unresolved collective bargaining matters”.Lufthansa and VC had been in dispute for some time, leading to strikes on more than one occasion last year, before the two agreed to mediation.In ...
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EC re-adopts punitive decision on airfreight cartel
The European Commission (EC) has re-adopted a cartel decision previously made against 11 air cargo carriers and imposed a fine totalling more than €776m for operating a price-fixing cartel.The Commission’s original decision had been annulled by the European Union’s General Court on procedural grounds.Commissioner Margrethe Vestager, in charge of competition ...
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Lufthansa reveals tough times for cargo operations
Lufthansa, the German flag-carrier, has released details of its 2016 financial performance, within which are a number of indicators pertaining specifically to its logistics business.As well as marketing the freight capacities of Lufthansa Passenger Airlines’, Eurowings’ and Austrian Airlines’ passenger aircraft, Lufthansa Cargo operates its fleet of freighter aircraft, comprising ...
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Alitalia board gives the green light to 2017-21 business plan
The board of directors of Italian flag-carrier Alitalia has approved the airline’s turnaround business plan, which is said to include a range of “radical and necessary measures” required to stabilise and secure Alitalia’s long-term sustainability.Funding of the 2017-21 business plan by the company’s shareholders remains subject to Alitalia’s trade unions ...
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News
Cathay Pacific reveals encouraging February cargo performance
The latest figures from Cathay Pacific Airways show that its Cathay Pacific and Cathay Dragon carriers handled a significant increase in cargo and mail in February compared to the same month of 2016.The two airlines carried a total of 137,674 tonnes of cargo and mail last month, an increase of ...
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News
Brussels Airlines makes profit despite headwinds
Despite the terrorist attack on Brussels Airport of 22 March last year and what it describes as “strong low-cost competition”, Brussels Airlines made a profit last year.It achieved a net profit of€ 15m euro, after a deduction of €2.5m – money that the airline will redistribute to its staff in ...
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News
Air Kiribati and Solomon Airlines collaborate on new service
Air Kiribati and Solomon Airlines have signed an agreement paving the way for a new service linking Tarawa in Kiribati with Honiara (the capital of the Solomon Islands), Brisbane and Nadi in Fiji.Kiribati’s national carrier only recently relaunched as an international airline.At the official signing of the deal in Tarawa, ...
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Finnair hit by strike at Helsinki Airport
Finnair has confirmed that it will have to cancel more than 90 of its flights through its home hub of Helsinki Airport tomorrow (17 March) because of a strike at Finland’s biggest air gateway.The strike, to be held between 3pm and 7pm Eastern European Time (EET, two hours ahead of ...
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LATAM sees cargo revenues down in fourth quarter and across 2016
South America’s biggest carrier, LATAM, has released its results for the fourth quarter of 2016 and details of its full-year performance.Cargo revenues fell by 7.7% in the fourth quarter compared to the same period of 2015.The carrier attributed the decline to a 3.1% decline in cargo traffic and a 4.8% ...
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Cargo slump leads Cathay into loss
A 13.2% fall in cargo revenue – HK$20,063m – contributed to a loss at Cathay Pacific Group in 2016, said the Hong Kong carrier in its annual results published on 15 March.While cargo tonnage increased by 3.1% and load factors by 0.2 percentage points to 64.4%, cargo yields fell by ...
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Volga-Dnepr rushes fire-fighting choppers to Chile
US-based Helicopter Express called upon Volga-Dnepr Airlines' expertise to move an urgent delivery of helicopters to fight wildfires in the Chilean countryside.One of the carrier’s An-124-100 freighters touched down at Hartsfield–Jackson Atlanta International Airport less than three hours after the helicopters themselves flew into the airport for 11-hour flight to ...
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Couriers hit the ground running at ACS
Air Charter Service says its 2015 investment in its onboard courier division is paying dividends, with over 1,000 jobs last year.Global time critical manager, Oliver Weigelt, commented: “All credit must go to my team for the hard work that they have all put in. Our expansion in Asia in August ...
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Carrier springs into action to keep gas plant going
CargoLogicAir positioned extra aircrew in Rome to help move an urgent shipment for an industrial gas plant. The UK-based all-cargo carrier was responding to call to shift 96 tonnes of adsorbents from Leonardo Da Vinci Fiumicino International Airport to Jeddah, Saudi Arabia on board its 747 freighter on behalf of ...
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ABC turns its hand to charters
AirBridgeCargo Airlines (ABC) says demand for charters of its 747 freighters grew 47% in 2016, although it is primarily a scheduled carrier.Its latest flights were operated on behalf of DHL Global Forwarding for high tech coating firm Evatec, delivering a series of seven-tonne boxes of machine tools from Europe to ...
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Delta takes Aeromexico stake
Delta Air Lines has completed its acquisition of an additional 32% of the outstanding capital stock of Latin American carrier Aeroméxico Group, for about US$620 million.The US carrier now owns 36.2% of Aeroméxico shares and holds options to acquire an additional 12.8%, which would bring its stake in the carrier ...