All Airlines articles – Page 235
-
News
IATA urges greater co-operation to counter terror threat
IATA, at its 72nd Annual General Meeting (AGM), has unanimously adopted a resolution that denounces terrorism and calls for intensified cooperation among governments as well as with the air transport industry.The resolution calls on governments and the air transport industry to work in partnership among themselves and with airlines to ...
-
News
Virgin and Delta to co-locate UK cargo handling with dnata
Virgin Atlantic Cargo and Delta Cargo have signed long-term contracts with dnata to co-locate their cargo handling at 12 UK locations under a new ‘one roof’ handling strategy.Effective 8 June 2016, the co-location move covers London Heathrow, Manchester, Glasgow, Edinburgh and London Gatwick where the carriers operate and at six ...
-
News
Cathay Pacific and Lufthansa Cargo announce Hong Kong-Europe tie-up
Cathay Pacific and Lufthansa Cargo have signed a partnership that will see the two airlines offer a joint network of more than 140 flights per week between Hong Kong and 13 European destinations.The “highly integrated bilateral co-operation” is due to begin early next year and will see the two airlines ...
-
NewsAsian carriers monthly: demand grows in April but yields under pressure
Asian air cargo carriers benefitted from better than expected demand in April but yields remained under pressure.The latest figures from Asian air cargo carriers show that the majority monitored in Air Cargo News’ monthly summary recorded an improvement compared with the rest of the year.This is partly down to the ...
-
News
Aid relief groups call for greater use of new aircraft delivery flights
Humanitarian aid groups have called on airlines to take advantage of positional flights for newly ordered aircraft to carry life-saving cargo to those in need.The appeal came from the Airbus Foundation, the International Foundation for the Red Cross and Red Crescent Societies (IFRC) and Airlink, which are attending the IATA ...
-
News
Air cargo demand pick up down to extra weekend and Easter changes
The improvement in air cargo demand experienced in April was down to an extra weekend falling in the month and an earlier Easter holiday.Analyst WorldACD said that the 2.5% year on year improvement in air cargo demand in demand in April appeared to give cause for a little optimism.However, it ...
-
News
Stormy market buffets IAG Cargo
IAG Cargo’s headline commercial revenue declined 1.5% to €26m in the first quarter of 2016 compared with January-March 2015 – but after adjusting the prior year's figures to reflect a directly comparable operation, it decreased 8.6%.The carrier blamed challenging market conditions continue. On a like for like basis, cargo volumes ...
-
NewsAirfreight demand picks up but prospects look bleak
Air cargo demand picked up in April but IATA is downbeat in its expectations for the months ahead.The latest figures from the airline organisation show a 3.2% year-on-year improvement in air cargo demand in April led by growth in the Middle East and Latin America, with increases of 7.7% and ...
-
NewsAir cargo rates improve but tough summer predicted
Air freight rates continued their recovery in April as cargo load factors remained steady, but tough market conditions are expected to prevail over the summer.The latest statistics from analyst Drewry show that air freight rates climbed by three cents on the March level to $2.61 per kg. It is the ...
-
News
Analyst sees ray of hope in air cargo gloom
Analyst World ACD sees glimmers of hope in world air cargo figures for March 2016.Although year-on-year volumes overall dropped by 0.9% worldwide, flows from Asia Pacific to Europe and the Middle East & South Asia (MESA) showed growth of 19% and 12% respectively, holding out some hope of a change ...
-
NewsWeak April for air cargo in Asia Pacific
Asia Pacific air cargo markets remained weak in April, failing to keep pace with rising passenger demand, according to the latest monthly statistics from the Association of Asia Pacific Airlines (AAPA).April saw the region's airlines carry 24.2m international passengers, a 4.8% increase compared to the same month last year, on ...
-
News
Is there a future for unmanned air cargo operations?
It will not be long until Google cars are driving us to work and we won’t have to get out of our armchairs to answer the door to blustering delivery drivers as drones land on our lawns to drop off the latest order from Amazon, or so the vision goes. ...
-
News
Air India settlement brings US antitrust litigation to a close
The final defendant in the long-running air cargo shipping antitrust litigation, Air India, has reached a settlement agreement with plaintiffs.Law firm Robins Kaplan LLP announced yesterday evening that Air India has agreed to pay $12.5m to bring the decade long litigation over an alleged air cargo cartel to a close.The ...
-
News
Cargo partnership trend continues as ANA-United finally reveal start date for transpac tie-up
The ongoing ANA Cargo and United Cargo transpacific partnership will finally launch in July, 18 months after news of the tie-up first broke.ANA said the two airlines had finally signed the partnership contract on March 30 and they planned to launch the tie-up on July 5.Joint sales and aligned operations ...
-
News
Shippers can track key airfreight rates with new index
A new air cargo freight rate index is set to provide transparency on general cargo pricing on key city pairs.Aimed at shippers, freight forwarders and financial analysts, the TAC Index is a weekly snapshot compiled on actual physical transactions for selected air cargo routes."Air Cargo is taking a step closer ...
-
News
LATAM Cargo to launch new product portfolio as it reveals future strategy
The LATAM Group has launched a new strategy for its cargo operations following the merger of its various businesses under a single brand.LATAM Cargo, which is made up of LAN Cargo, TAM Cargo, LAN Cargo Colombia and Mas Air, has already introduced a new pharma product, cargo rewards scheme and ...
-
News
Egyptair flight missing
An Egyptair Airbus A320 (flight MS804) with 66 people on board has gone missing on a flight from Paris to Cairo, with news agency reports that it has crashed in the Mediterranean Sea around 30 miles north of the Egyptian coast.On board are 7 crew, 3 security guards and 56 ...
-
News
Asian lessor BOC Aviation to list on Hong Kong with IPO
Aircraft lessor BOC Aviation is to list its shares on the main board of the Hong Kong Stock Exchange after launching a US$1.1bn initial public offering (IPO).The HK$42.00 price per share will raise net proceeds of approximately US$547m for Singapore-based BOC Aviation and a similar amount for Bank of China, ...
-
News
UPS partners with drone project for healthcare supply chains in Rwanda
UPS has formed a partnership with medical alliance Gavi and robotics firm Zipline to explore the use of unmanned aircraft to deliver vaccines to remote locations in Rwanda.The UPS Foundation has awarded an $800,000 grant to support the launch of the Gavi and Zipline initiative, with the belief that the ...
-
News
Qatar ups stake in IAG to 15.01%
Qatar Airways has raised further its stake in British Airways-owner International Consolidated Airlines Group (IAG) to 15.01% and may consider acquiring more of the company over time, the airline told Reuters.Less than a month ago Qatar Airways raised its stake in IAG to just under 12% from 9.99%.Speaking at a ...