All Airlines articles – Page 248
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News
Demand picks up pace for Asian airlines in September
Asian airlines saw air cargo volumes begin to pick up in September ahead of the peak season, but continued to report declining airfreight load factors.The latest monthly figures from the region’s leading airlines show that five of the seven carriers that provide monthly figures saw utilisation levels decrease compared with ...
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Air cargo market improves in September
Air cargo traffic and yields continued to pick up in September following on from the general malaise experienced over the second quarter.The latest data from analyst WorldACD show that volumes increased by 1.9% year on year in September while yields picked up by 0.4% on a month earlier.This was the ...
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Air France-KLM Cargo reports another operating loss
Air France-KLM saw operating profits at its cargo division remain in the red during the third quarter of the year but said it hopes its freighters business will be breakeven in 2017.The Franco-Dutch airline group recorded a third-quarter operating loss of €81m, an improvement on the €102m loss it recorded ...
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ACP Worldwide appointed as Air China GSA in South Africa
Air China has chosen ACP Worldwide as its South African cargo GSA and it will sell capacity on the airline’s first ever non-stop, direct flight between China and Africa.The first inbound flight of the new service, which will operate between Johannesburg’s OR Tambo International Airport and Beijing three times a ...
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Emirates hopes new Bologna service will improve city's supply chains
Emirates SkyCargo will expand its Italian cargo network when it launches daily non-stop flights to Bologna from Dubai that it hopes will help improve the supply chains of local exporters.The daily service, to begin operation on November 3, will be operated by a Boeing 777-300ER, offering 23 tonnes of belly-hold ...
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Lufthansa's cargo arm records another ebit loss
Lufthansa’s cargo and logistics division reported an operating loss for the second quarter in a row as impairment costs and tough market conditions took their toll.The airline's logistics division, which includes Lufthansa Cargo, ULD specialist Jettainer and its Aerologic investment, saw revenues for third quarter decline by 8.3% year on ...
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E-AWB useage continues to gather pace
The use of electronic air waybills (e-AWB) continued to pick up pace in September and it now looks as if the industry will fall just shy of end of year targets set by IATA.The latest statistics from IATA show that e-AWB useage has now reached a penetration level of 34.1% ...
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AEI wins conversion order for 15 Boeing 737s
US passenger to freighter conversion specialist Aeronautical Engineers Inc. (AEI) has won a firm order from Aviation Capital Group (ACG) for 15 Boeing 737-800SF type aircraft, with an option for 15 more.Terms were not disclosed.AEI will commence the conformity B737-800SF modification in 2016 and expects to receive FAA Supplemental Type ...
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Qatar Airways announces huge new cargo terminal as it targets further growth
Qatar Airways has revealed plans for a huge new cargo facility at Hamad International as it continues to climb up the IATA table for the world’s largest cargo airlines.Speaking at a press event today in Doha, Qatar Airways group chief executive Akbar Al Baker said that airline was now the ...
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Exclusive: Emirates considers new round of freighter orders
Emirates is weighing up further freighter orders after it took delivery of the final all-cargo aircraft on its current orderbook earlier this year.The Dubai-headquartered carrier told Air Cargo News it was currently considering whether it would place further orders for freighter aircraft with a decision expected over the coming months.Emirates ...
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Norwegian Cargo signs up Jan de Rijk for European RFS
Fast-expanding Norwegian Cargo has granted a new road feeder service contract to Jan de Rijk Logistics, extending the airline’s delivery network to more than 50 airports around Europe.The deal will see Jan de Rijk provide a daily road feeder operation for the low-cost carrier’s services from the US to London ...
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Airfreight rates on the rise, but lag behind 2014 levels
Airfreight rates continued to increase in September and while further increases are expected, prices continue to lag behind last year’s levels.The latest data from Drewry Sea & Air Shipper Insight shows that the weighted average airfreight rate on 21 key east-west trades increased to $3.22 per kg from $3.06 in ...
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Pradeep Kumar looks back at 40 years with the Emirates Group
Pradeep Kumar, senior vice president for Emirates Sky Cargo revenue optimisation and systems, is set to retire at the end of October after four decades with the Dubai-based parent group and 30 years with the carrier itself.In 1977, after completing his education in India, Kumar came to Dubai because of ...
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UPS pilots vote to authorise strike
UPS pilots have voted in favour of requesting an exit from federally mediated labour negotiations to allow the option of launching strike action, a move the integrator believes is symbolic.Earlier today, UPS pilots voted 2,252 to eight to provide the Independent Pilots Association (IPA) with the authority to formally request ...
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American joins Delta and United in reporting Q3 cargo revenue decline
American Airlines saw cargo revenues decline during the third quarter of the year, although the drop was not as strong as that experienced by Delta.American saw its cargo revenues decline to $180m (see tables below) during the third quarter of the year, a drop of 16.3% compared with the same ...
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IAG Cargo's rhino transport challenge
IAG Cargo will transport six one tonne white rhinos on British Airways’ first Airbus 380 flight to Miami on October 25.The six rhinos are being transported from Johannesburg to Miami as part of a conservation breeding programme.IAG Cargo product manager live animals Gabriella Tamasi said: “With these rhinos weighing one ...
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Chinese carriers dismiss merger reports
China Southern Airlines and Air China have denied press speculation that they are to be merged.Over recent days, reports have suggested that the country’s government could push through a merger of two major airlines.However, in a statement on the Hong Kong Stock Exchange, China Southern controlling shareholder China Southern Air ...
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S7 owner to buy Transaero
Co-owner of Russia's S7 Airlines, Vladislav Filev, has signed an agreement to buy at least 51% of struggling rival carrier Transaero, according to Reuters reports.Debt-laden Transaero, once Russia's second-biggest airline, is the subject of bankruptcy proceedings by creditors, Sberbank and Alfa Bank.Earlier, Transaero filed to file a rescue deal with ...
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Boeing ponders cutbacks as cargo slumps
The current airfreight slump may force Boeing to slow production of its 747 and 777s, reports news agency Bloomburg. The soft market could damps demand for the cargo versions of the planes, it said.Citing an interview with Boeing chief financial officer Greg Smith, the report said that production of the ...
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FTA warns of return of Calais chaos
The UK’s Freight Transport Association is reporting that last summer’s chaos in the Channel port of Calais is returning. It warns that drivers are gain being threatened by organised gangs of migrants throwing stones and trying to get aboard their vehicles.The chaos in France, which was sparked by picketing action ...