All Airlines articles – Page 253
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FedEx reaches tentative agreement with pilots' union
FedEx pilot representatives and company management have reached a tentative agreement on an amended collective bargaining agreement after years of discussions.The Air Line Pilots Association, Int’l (ALPA) said this week that the two negotiating parties had reached an agreement, although terms need to be reviewed and approved by the FedEx ...
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Chinese cargo airlines suffer from a different kind of problem to their European counterparts
ANALYSIS: The latest monthly airline data has revealed that while European airlines have been struggling to protect cargo load factors because of volume declines, Chinese airlines have faced the same issue but because of capacity additions.During July, of four major Chinese cargo carriers, three recorded demand increases on last year, ...
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Atlas Air: yuan devaluation impact unknown, but cargo growth still expected in 2015
Freighter aircraft lessor Atlas Air believes it is too early to say what impact the devaluation of the yuan will have on air cargo demand but is nonetheless confident that volumes will grow in 2015.Speaking at the Jefferies Global Industrials Conference, Atlas Air chief executive and president William Flynn said ...
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ACS arranges aid flight to war torn Aden
Air Charter Service (ACS) has arranged the first civilian cargo flight into Aden since the troubles started in Yemen almost five months ago.ACS chief executive Justin Bowman said that civilian cargo flights carrying much needed humanitarian aid have not been allowed into Aden for months.But on August 13 the charter ...
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Lithium powered ELT likely cause of Ethiopian Airlines 2013 Heathrow fire
A fire onboard a parked Ethiopian Airlines Boeing 787-8 in July 2013 at Heathrow was likely to have been caused by a lithium battery powered emergency locator transmitter (ELT), according to accident investigators.The UK’s Air Accidents Investigation Branch (AAIB) said ELT battery wires, crossed and trapped under the battery compartment ...
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Cathay Pacific sees H1 air cargo load factor improve, but yields slide
An improved cargo load factor at Cathay Pacific and Dragonair was not enough to stop a decline in yield as industry overcapacity and lower fuel surcharges had an effect on the airline group’s first-half performance.The world’s largest cargo airline group recorded a 2.5% year-on-year decline in first-half revenues of HK$11.4bn, ...
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American Airlines Cargo transports World Trade Center beam to memorial site
American Airlines Cargo (AA Cargo)has taken part in the transport of a 2,000 pound World Trade Center beam from New York to the Kennedy Space Center Fire Rescue 9/11 Memorial in Cape Canaveral.American Airlines worked closely with the Kennedy Space Center Fire Rescue and members represented by the Transport Workers ...
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Cargo revenues slide at Turkish Airlines
Turkish Airlines continued to report improved profits during the second quarter of the year, but revenues at its cargo division declined once again.The Turkish flag carrier recorded an overall net profit of $253m during the second quarter of the year compared with $190m during the same period last year.2015 half-year ...
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Aeroflot load factor slides on capacity additions
The Aeroflot Group saw its load factor decline in July as new additions to its fleet caused capacity growth to outstrip demand increases.In July, the Russian airline saw traffic increase by 6% year on year to 989m revenue tonne km while capacity increased by the higher amount of 7.1% to ...
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SpiceJet opts for SmartKargo
Indian low-cost airline SpiceJet has become the first airline in India to deploy cloud-based air cargo management solution, SmartKargo, for its in-house and international cargo operations.The SmartKargo system is built on cloud computing instead of dedicated hardware and software and offers mobile platforms and data analytics.The deployment of the system ...
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Cathay Pacific suffers July air cargo slowdown
A July increase in airfreight volumes at Cathay Pacific and Dragonair was not enough to offset volume increases and stop another decline in load factors.The Hong Kong airline recorded a 1.4% year-on-year increase in airfreight volumes in July to 877,066 cargo and mail revenue tonne km (RTK).Meanwhile, capacity increased in ...
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European Commission extends investigation into FedEx-TNT deal
The European Union has extended its investigation into FedEx's $4.8bn bid to takeover TNT Express.Brussels will now complete its investigation by January 13, instead of December 8 as initially expected."The parties have requested a 20-day extension for the phase II investigation, as they are entitled to do according to the ...
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LATAM sees air cargo revenues fall as South American economies continue to struggle
LATAM recorded declines in air cargo revenues and volumes during the second quarter as it faced difficult economic conditions in South America.The newly rebranded airline group saw second-quarter cargo revenues decline by 21.3% to $334m compared with a year earlier as a result of a 12.5% decline in traffic to ...
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Finnair Cargo sees revenues and traffic slide in the second quarter
Finnair Cargo saw revenues, volumes and yields decline during the second quarter of the year as its withdrawal from Asia-Europe freighter operations and tough market conditions had an impact of results.The Helsinki-headquartered operator saw second-quarter revenues decline by 23% on last year to €45.1m while cargo traffic declined by 19.2% ...
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Europe's top cargo airlines suffer more demand declines in July
July was another tough month for Europe’s air cargo carriers as Lufthansa, Air France KLM, IAG Cargo and Finnair all reported demand declines as a result of tough market conditions and changes in freighter strategies.Overall, the four airlines recorded a 7.6% slide in cargo volumes during the month, which compares ...
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Air Canada speeds up on-line booking for all cargo
Along with a new look website, Air Canada Cargo has unveiled a new on-line booking tool that allows established customers to complete a booking and receive an air waybill (AWB) number in less than two minutes, writes Ian Putzger.With effect from August 11, forwarders that have an account with the ...
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How did Europe's busiest air cargo carriers perform in the second quarter?
The second-quarter results are in and at first glance two out of Europe’s three largest listed cargo carriers appeared to have performed well at a revenue level.Both Lufthansa Cargo and IAG Cargo recorded year-on-year growth in revenues, of 6.2% and 8.8% respectively, however this was heavily influenced by exchange rates, ...
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Newly relaunched Air Djibouti plans more cargo flights next week
New market entrant Air Djibouti is planning more cargo flights next week following the launch of services at the start of the month.The government owned national carrier flew its first cargo service on August 2 when a leased Fokker 27 aircraft flew from Djibouti to Hargeisa in Somaliland.Asked whether the ...
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Air cargo on the up at Brussels Airport
Brussels Airport continued to report double-digit air cargo growth in July as the European hub recorded an 18% jump in volumes compared with the same month a year ago.The Belgian airport continued to outpace its rivals as air cargo throughput increased to 43,539 tons in July compared with 36,883 tons ...
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Oman Air and Cargolux add second service to Indian air cargo partnership
Oman Air and Cargolux have added an extra frequency to their freighter partnership between Oman and India, and say they plan to add further destinations to the tie-up in the future.The two airlines announced this morning that they would today add a second weekly flight between Chennai and Muscat.Cargolux said ...