All Airlines articles – Page 226
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News
Profits may have peaked, say airline bosses
Profitability in the industry may have peaked, according to IATA’s quarterly business confidence survey of airline chief financial officers and heads of cargo.When surveyed in early October, they reported that profitability was unchanged in the third quarter of 2016 compared to the same period a year ago and also that ...
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Perishables are the commodity to watch for air cargo over the coming years
Perishables are the commodity to watch for air cargo over the coming few years while demand from the high tech industry has tailed off.Speaking at a panel discussion during Tiaca’s Air Cargo Forum in Paris, Seabury Group senior vice president Marco Bloemen explained that in 2016 the volume of laptops ...
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Turkish Airlines wins pharma CEIV accreditation
Turkish Cargo, the airfreight arm of Turkish Airlines, has been awarded IATA’s ‘Center of Excellence for Independent Validators’ (CEIV) certification for pharmaceutical logistics at its Istanbul hub.The carrier has also trained a dedicated team to preserve the integrity of the cold chain and products and will introduce a thermal dolly ...
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IAG on third runway: Heathrow customer charges must be capped
British Airways and Iberia parent International Airlines Group (IAG) has warned that the cost of the third runway project at Heathrow will" make or break it".While welcoming the decision to expand Heathrow, IAG added that it was pleased that the UK government "has recognised the cost to customers must not ...
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NewsThird quarter cargo revenues down at American
American Airlines recorded a decline in third quarter cargo revenues, while volumes were up on the same period a year earlier.The US airline saw third quarter cargo revenues decline by 5% year on year to $171m, while cargo traffic increased by 5.6% to 601 cargo ton miles.The decline in revenues ...
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Now the hard work on the cargo agency programme really starts
Freight forwarder association Fiata and IATA have officially signed the long-awaited reforms to the IATA Cargo Agency Program and said that now the hard work of implementing the agreement begins.The new IATA-FIATA Cargo Agency Program (IFACP) was hailed as a “historic” agreement at an official signing ceremony held today during ...
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NewsAmericas cargo monthly: A bumper month for American and United
September was a bumper month for American Airlines' and United Airlines' airfreight demand, while Delta recorded another decline.The latest monthly figures show that United saw air cargo demand increase by 15.7% year on year in September to 245m cargo ton miles (CTM) and American reported a 9.8% improvement to 207m ...
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Militzer & Münch bags myAirCargo contract from Lufthansa
Swiss forwarder Militzer & Münch has been appointed the exclusive partner in Europe for myAirCargo, Lufthansa Cargo’s international door to door service for its passengers who buy goods abroad that are too heavy or large for carry-on luggage.Currently, myAirCargo is available only on routes connecting Europe and the US, and ...
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Cathay Pacific launches group business review
Cathay Pacific has launched a “critical review” of its business, blaming “overcapacity and strong competition” in the passenger sector for a “deteriorated” outlook.In a trading statement, which did not mention cargo, the Hong Kong-based carrier said that its earlier 2016 interim report had indicated that "the operating environment in the ...
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News
Alaska Airlines chooses SmartKargo booking system
Alaska Airlines has selected SmartKargo to provide a booking engine for the carrier’s expanding cargo business throughout North America.The cloud-based solution provides a backend system to allow users to input the booking requirements on a single screen.The engine comes pre-loaded with key information, such as IATA regulatory and commodity codes. ...
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Air cargo antitrust settlements totaling $1.2bn granted final approval in the US
All 28 settlements, totaling more than $1.2bn, in the decade-long air cargo antitrust litigation have been granted final approval by the US courts.US lawyers Robins Kaplan said that the last four settlements with defendants in the long-running air cargo antitrust litigation, originally brought in 2006 against more than 30 air ...
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Air cargo needs to be faster, cheaper and more innovative
Air cargo operations of the future will need to be faster, offer better data integration, improve the quality of service and offer lower costs than today’s offerings.Speaking at freight forwarder association Fiata’s World Congress event, United Airlines vice president cargo sales Jacques Leijssenaar took on the question of what businesses ...
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African airlines set up cargo group
The African Airlines Association (AFRAA) has launched a cargo steering committee to provide greater focus on the continent's airfreight business.Egyptair vice president of cargo operations Walaa Yousri was elected chairman and Astral Aviation chief executive Sanjeev Gadhia vice chairman of the new grouping. Yousri said that the new committee would ...
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Air cargo should see China-Europe rail services as added competition
The air cargo industry should see the proliferation of rail services between China and Europe as added competition.Speaking on the side lines of the Fiata World Congress in Dublin, Ivan Petrov, chief executive of forwarder TransXpress and Fiata senior vice president, said that the number of rail services between Asia ...
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Lufthansa moves in with Cathay in Hong Kong
Lufthansa Cargo has moved its Hong Kong freight handling operation to Cathay Pacific’s terminal as part of its joint business agreement with the Far Eastern carrier.The move would give customers of both carriers a single location for export drop-off and import delivery arrangements, it said.Both carriers are now working closely ...
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Cargolux signs deal for high-tech containers
Cargolux Airlines has signed a global rental agreement to use va-Q-tec’s advanced passive containers for its temperature-sensitive pharma shipments. The system uses phase change material and vacuum insulation panels that absorb and store thermal energy during freezing or heating to maintain the required storage temperature during transport.One of the first ...
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Singapore signs Zodiac for airfreight container deal
Zodiac Aerospace is to supply more than 2,000 of its Herculight S AKE cargo containers to Singapore Airlines Cargo. The containers, constructed with a combination of composite and aluminium panels, come in two configurations to suit passenger or cargo operations.One of the airline’s key requirements was toughness and durability, said ...
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Air cargo forum told of better times ahead
The first 15 years of the century have not been kind to the air cargo industry – but there could be better times ahead, the Neutral Air Partners (NAP) forum in Abu Dhabi has heard.Airline and forwarder delegates to the first ever NAP gathering learned from Etihad Cargo Airlines commercial ...
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Load factors at historic lows, says IATA
Global freight tonne kilometres (FTKs) rose 3.9% year-on-year in August but available FTKs rose even faster, by 4.1%, leading to historically low load factors and keeping yields under pressure, said IATA in its latest report.Industry conditions have improved since the particularly soft patch at the start of the year said ...
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IAG woos high tech firms
International Airlines Group (IAG) has launched an accelerator programme for new high-tech companies in partnership with corporate innovation specialist and early-stage investor, L Marks.Start-ups are invited to pitch to join the new venture, Hangar 51, and work with the airline group to find solutions to business challenges through collaborative partnerships. ...