All Airlines articles – Page 32
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News
MSC moves forward with Clasquin deal
Swiss shipping firm MSC has moved forward with its deal to acquire international air and sea freight forwarder Clasquin.MSC subsidiary SAS Shipping Agencies Services Sàrl has entered into a put option agreement for the acquisition of 42.06% of the share capital of Lyon, France-based Clasquin, said a press release issued ...
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NewsEtihad and Astral partner to expand their networks
Source: Etihad CargoEtihad Cargo and Astral Aviation have launched a new partnership that will expand the Abu Dhabi-based carrier's network in Africa.The new partnership will see Astral operate weekly flights from Abu Dhabi to its home hub of Nairobi where cargo can then be flown to and from other points ...
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FedEx profits improve as cost cutting takes effect
FedEx saw its profits improve in the third quarter of its fiscal year despite revenues coming under pressure due to weak market conditions.The express giant saw its fiscal year third-quarter revenues decline by 2% year to $21.7bn, but operating income improved by 19% on last year to $1.2bn and net ...
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News
Modern Logistics puts second 737-800BCF into service
Modern Logistics now has two 737-800 Boeing Converted Freighter (BCF) aircraft in operation.The Brazilian integrated logistics company and cargo airline told Air Cargo News it took delivery of its second 737-800BCF this month.This second aircraft is now "in service" said the company.The Brazilian integrated logistics company and cargo airline acquired ...
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News
Hawaiian Airlines takes second A330-300P2F for Amazon
Hawaiian Airlines has taken delivery of the second of 10 Airbus A330-300 passenger to freighter conversion (P2F) aircraft it plans to operate on behalf of Amazon.Chief executive Peter Ingram told FlightGlobal on March 20 that the second A330P2F is in Honolulu for “final procedures with our maintenance team” before it ...
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NewsAmazon Air expands capacity and simplifies network
Amazon Air expanded its air cargo capacity last year through the addition of larger aircraft but also simplified its network and conducted fewer flights.The latest study from The Chaddick Institute for Metropolitan Development shows that in the five weeks running to March 12, Amazon Air increased its US tonnage capacity ...
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News
time:matters becomes Lufthansa Cargo premium partner
German logistics company time:matters has been appointed a premium partner of its parent company Lufthansa Cargo.The partner programme involves regular monitoring of business development and the potential for joint growth. Additionally, various joint innovative initiatives are developed within the programme that aim to create added value for customers.One example of ...
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News
Air cargo demand still growing after LNY but rate of improvement slows
There had been much speculation in air cargo about whether the strong demand growth reported over the first two months of the year would continue past the Lunar New Year holiday but it appears the buoyant market conditions are so far continuing, although at a slightly lower level.Figures released last ...
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News
Specialist verticals drive up Cathay Cargo February volumes
Pharmaceuticals, perishables and machinery parts shipments helped Cathay Pacific secure a small rise in air cargo volumes year on year in February.The airline carried 107,039 tonnes of cargo in February 2024, an increase of 3% compared with February 2023. The month’s cargo revenue tonne kilometres (RFTKs) increased 3.8% year on ...
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NewsAmerican Airlines Cargo: flying fish from Japan
Source: American Airlines CargoAmerican Airlines Cargo has flown record numbers of valuable koi carp from Japan as demand for the prized fish continues to rise.The carrier said that the popularity of the fish has grown as ornamental fishkeeping expands globally, particularly in Hong Kong, the US, China, Germany, the Netherlands ...
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NewsDHL Express gains another GoGreen Plus partner
Khuresh Faizullabhoy (left, Managing Director & Chief Operating Officer, Trade at Standard Chartered and Yung C. Ooi, Senior Vice President for Commercial, Asia Pacific, DHL Express. Photo: DHLDHL Express is further building up its Sustainable Aviation Fuel (SAF) operations with the signing of a strategic partnership with international bank Standard ...
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News
Silk Way West continues freighter fleet expansion with another 777
Silk Way West Airlines has ordered an additional Boeing 777 freighter with the company saying the decision was driven by its "commitment to sustainability".The Baku-headquartered freighter carrier initially ordered five 777 freighters back in April 2021 but has now amended the agreement to add the additional aircraft.Two of the six ...
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NewsIAG Cargo looks forward to new US flights
Source: IAG CargoIAG Cargo is hoping to capitalise on the addition of a new service from Barcelona to the US from sister airline LEVEL.On March 31 LEVEL will add a new three-times-per-week service from Barcelona to Miami.Meanwhile, services between Barcelona and San Fransisco will restart on the same date with ...
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News
NEO Air Charter sees Red Sea-related rise in demand
Germany-headquartered NEO Air Charter has reported a rise in demand as e-commerce firms look to avoid issues caused by the Red Sea shipping crisis.The charter firm has operated 60 widebody freighter charters in the first two months of 2024 due to container shipping firms taking the longer route around Africa ...
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Technavio predicts strong air cargo growth in next few years
Industry analyst Technavio has forecast in its Air Cargo Market Analysis 2023-27 that the air cargo market will grow by 19.5m tons between 2022 and 2027.This works out at a compound annual growth rate of 5.3% during the forecast period.Key drivers of growth will include increasing e-commerce sales, growing demand ...
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NewsCargo iQ appoints new executive director
Marie Seco-Köppen. Source: Cargo iQMarie Seco-Köppen is to take over from Lothar Moehle as the new executive director of Cargo iQ, the non-profit group that seeks to define the processes behind the transport of air cargo in order to measure success and continuously improve the value of airfreight for customers.Seco-Köppen ...
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IATA reports on latest progress made on lowering carbon emissions
The International Air Transport Association (IATA) has released the latest edition of its Fly Net Zero reports, which covers the latest industry developments for January and February as the industry moves towards a target of zero carbon emissions by 2050.Some of the latest developments relate to the cargo side of ...
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NewsAgeing freighter fleet set to tighten global market, says Atlas Air chief
Michael Steen The global supply of full-freighter aircraft is tightening, says Atlas Air Worldwide chief executive, Michael Steen. In an interview for Bloomberg TV’s Daybreak programme on 13 March, he pointed out that of the 650-strong global all-freighter fleet, around 125 are coming up for retirement. “That ...
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NewsNew platform helps Air NZ customers cut the carbon
Source: Air New ZealandAir New Zealand has partnered with Norwegian company CHOOSE to offer two platforms to help its customers measure their carbon emissions from freight and staff air travel.Businesses can then purchase carbon credits from certified projects based on their personalised data.The carrier’s chief sustainability officer, Kiri Hannifin, says ...
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NewsA fifth of all airfreight in fifteen years
The Boeing 777 Freighter has carried up to 20% of global air freight since its debut in 2009, said the US plane-maker, in marking its 15th anniversary.It described the twin-engine aircraft as the most popular production widebody freighter with a global fleet exceeding 250 - and counting. Boeing adds that ...