All Airlines articles – Page 261
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News
Cargolux launches US-China route
Cargolux Airlines launched a twice-weekly Trans-Pacific route between Zhengzhou and Chicago at the Air Cargo Europe event in Munich on 5 May. The Luxembourg-based carrier’s chief executive and president, Dirk Reich, described the 747-8-operated service as “a milestone in the development of our Chinese operations and the cooperation with our ...
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Cargo is Swiss star performer
Swiss International Airlines reported total cargo sales up 1.7 per cent in the first quarter of 2015, compared with the same period of 2014. However, load factor by volume was down 1.5 percentage points, to 79.3 per cent compared with 80.8 per cent in January-to-March 2014.Cargo outperformed the business as ...
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Cargo leads the way as Lufthansa recovers
Lufthansa Cargo’s traffic declined slightly in the first quarter of 2015 compared January-March 2014, the German carrier reported in its latest financial results. Transported tonnage fell by 1.0 per cent and tonne-kilometres were down 2.8 per cent. At the same time, available tonne-kilometres increased by 0.8 per cent overall, a ...
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MASkargo reports 11.5% throughput rise in the first quarter
Malaysia's MASkargo's throughput at Kuala Lumpur International Airport increased 11.5% in the first quarter of 2015.The air cargo carrier, which will be exhibiting at the Malaysian Pavilion in hall B4 stand 229, said volumes climbed to 154,000 tonnes of cargo compared over the first three months of 2015, compared with ...
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Industry set for air conference debates
The Air Cargo Europe Conference will this year take place on the Wednesday morning.Opening the event at 10am , will be Lufthansa Cargo’s board member products & sales Alexis von Hoensbroech who will offer an outlook on the future of air cargo.At 10.15am, a group discussion will take place that ...
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March volumes hit by late Chinese New Year
Global air cargo volumes registered only a small increase in March compared with a year earlier as a result of the late Chinese New Year holiday.The latest figures from Netherlands-based analyst WorldACD show that global air cargo volumes increased by just 0.3 per cent year on year.However, this year the ...
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US cartel case settlements break the $1bn mark
SETTLEMENTS in the ongoing US air cargo antitrust litigation have exceeded the $1bn mark, following on from Eva Airways Corp reaching an agreement.US lawfirm Robins Kaplan revealed that the Taiwanese airline yesterday reached a $99m partial settlement to compensate victims of the alleged cartel.Hollis Salzman, co-lead counsel for the plaintiffs ...
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Cargolux reports 2014 profit decline
Cargolux recorded a decline in profits in 2014, despite an improvement in revenues, as impairment charges and antitrust actions took their toll on Europe’s biggest all-cargo airline.The Luxembourg-based company saw net profits slip to $3m in 2014 from $8.4m a year earlier, while revenues increased to $2.1bn last year from ...
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IAG Cargo Q1 revenues down, but load factors up
IAG Cargo reported a 2015 first-quarter decline in revenues of just over one per cent on the back of a capacity reduction programme and a resultant volume decrease.During the first three months of the year, the British Airways and Iberia cargo division saw revenues decline by 1.6 per cent on ...
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Lufthansa delays the construction of new Frankfurt cargo centre
Lufthansa has delayed its planned investment in a new cargo centre at Frankfurt airport for at least two years as the group scrutinises its investment plan.At this week's Lufthansa Group general meeting the supervisory board of the Deutsche Lufthansa was informed of the decision to delay construction of the LCCneo ...
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Air industry responds to Nepal earthquake
Aid agencies, non-governmental organisations and governments are chartering aircraft to fly aid to Nepal, after the country was hit by an earthquake.The 7.8 magnitude quake struck on Saturday and the death toll is estimated to have passed 5,000, but could reach as high as 10,000. More than 8,000 people were ...
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EVA launches Pharmacare with Envirotainer
Taiwan-based EVA Air Cargo has launched a pharma service in collaboration with cool chain equipment supplier Envirotainer.EVA Pharmacare will focus mainly on high value goods such as biologicals, pharmaceuticals, vaccines, healthcare products, high-end foodstuffs and high-tech semi-conductor components.In a joint statement, the two partners said: “The first wave of the ...
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American Airlines is Cargo Airline of the Year 2015
American Airlines is the 2015 Cargo Airline of the Year.The presentation was made to Jim Butler, president, American Airlines Cargo, at a sparkling Air Cargo News gala event in London. Butler was presented with the award by Mark Whitehead, chief executive of Hong Kong Air Cargo Terminals Ltd (Hactl), the ...
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Asia Pacific load factors boosted by US port chaos
Airlines based in the Asia Pacific region enjoyed a double-digit increase in airfreight demand in February, thanks to US west coast port issues.According to figures released by the Association of Asia Pacific Airlines, international airlines based in the region experienced a 20.5 per cent year-on-year increase in freight tonne kilometres ...
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Cargolux announces lithium ion battery ban
Cargolux Airlines has temporarily imposed a ban on the transport of lithium ion batteries from May 1.The airline said it had decided to implement the ban after reviewing new information released by the Federal Aviation Administration, Boeing and the International Civil Aviation Authority regarding the effectiveness of the on-board fire ...
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Stop obsessing about price, shippers tell carriers
Discussions between shippers, airlines and transport providers too often boiled down to price, lamented panellists at a forum organised by the new Global Shippers Alliance (GSA).This was the first major event organised by the GSA, which was formed in March by the European Shippers’ Council, the Asian Shippers’ Association and ...
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Japan lifts Thai ban temporarily
Japan’s civil aviation agency is to lift a ban on Thai-registered aircraft during April and May, mainly to reduce the effect on passenger traffic.South Korea and China have banned Thailand-registered airlines from operating any new charters or new scheduled flights, following safety concerns raised by ICAO.In January, Thailand’s transport minister, ...
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Etihad launches service for cool customers
Etihad Cargo has unveiled a TempCheck solution for sensitive pharmaceutical and healthcare products, including blood plasma, pills, medicines and anaesthetics.The UAE-based carrier has already upgraded the temperature-controlled storage facilities at its Abu Dhabi hub, and refurbished its existing cool rooms to meet pharmaceutical-safe specifications, but new purpose-built facilities are scheduled ...
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The spectre of further rate wars...
AIR CARGO operators are warning against knee-jerk rates wars amid Eurozone stagnation in the second quarter impacted by deepening global political unrest, writes Thelma Etim, deputy editor.“The main concern is that political instability, mainly between Russia and Europe/USA will escalate further and subsequently will affect the already fragile economic recovery,” ...
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Nothing sheepish about growth, says WorldACD
Asia Pacific single-handedly lifted air cargo growth in February 2015, says analyst WorldACD Market Data.While the region did well in all directions, as did intra-Asia, volumes from all other areas except Africa decreased.Asia Pacific chalked up a year-on-year improvement of 28 per cent in volume and three per cent in ...