All Airlines articles – Page 33
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NewsCathay cargo tonnage surge outpaces revenue as yields droop
Source: Cathay CargoCathay Pacific Airways carried 1.38 million tonnes of cargo in 2023, up almost 20% on the previous year’s 1.15m tonnes, said the Hong Kong-based carrier when it announced its annual results on 14 March.Cargo revenue tonne-kilometres surged by over 40%, from 5,774m to 8,099m, but load factors and ...
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NewsSeven firms sign up to IATA digital charter
Source: IATA IATA launched a Digitalization Leadership Charter at the World Cargo Symposium (WCS) in Hong Kong on 14 March with Cathay Cargo, CHAMP Cargosystems, Global Logistics System, IAG Cargo, IBS Software, LATAM Cargo, and Lufthansa Cargo as inaugural signatories. The charter has been developed in consultation ...
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NewsPrague plots ‘passenger to cargo’ plan
Source: Prague AirportPrague Airport has signed a memorandum with 12 companies to develop air cargo at the in the Czech Republic gateway.The Prague Airport Cargo Point platform aims to boost the competitiveness and development of cargo at Václav Havel Airport.A main goal is to make Prague more attractive for long-haul ...
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NewsFits is a perfect fit for WebCargo
Source: ShutterstockFits Cargo – a Sri Lanka-based company that combines physical airline operations and interline agreements with over 160 carriers - has joined the Freightos WebCargo online booking and payment platform.Fits Cargo flies over 4 million kilograms of air freight year and has a direct presence in Dubai, India, Hong ...
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NewsMunich bucks the trend as cargo grows in 2023
Source: Munich airportMunich Airport says it was the only German major air hub to increase freight traffic in 2023. The south German gateway registered a year-on-year increase of 6.6%, whereas total airfreight volume in Germany as a whole fell by 7.1, according to German Airports Association figures.Munich’s freight totalled 284,000 ...
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NewsLufthansa launches first Brussels-America freighter
Source: LufthansaLufthansa Cargo is to start a twice-weekly B777F freighter service between Brussels and Chicago O'Hare on 3 April – its first ever cargo service from Belgium to the American continent. The departures, on Mondays and Wednesdays, will originate at the German carrier’s main Frankfurt hub, and aim to exploit ...
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NewsAirbus lab to test new concepts in cargo
Source: AirbusAirbus is to go into partnership with experts from CHAMP Cargosystems, Fraport, KLM Cargo, Kuehne+Nagel and Swissport in a new tech initiative, the plane-maker announced at IATA World Cargo Symposium in Hong Kong on 13 March.OpenCargoLab aims “to drive digital, resource-saving concepts, contributing to more resilient and efficient airfreight ...
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NewsONE Record to deliver benefits but also challenges
Source: Air Cargo NewsIATA’s ONE Record project is set to deliver many benefits to the industry but there are also challenges to the implementation of the standard, according to speakers at the IATA World Cargo Symposium.During a panel discussion on air cargo digitalisation, CHAMP chief commercial officer Nicholas Xenocostas said ...
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NewsSwissport to join CHAMP and Cathay in second ONE Record scheme
Source: CHAMP SwissportFollowing the announcement yesterday (12 March) that Cathay Cargo and handler WFS are to use CHAMP Cargosystems technology to go live with IATA’s ONE Record data standard in a ‘first use’ case, the systems provider said that it had also joined forces with Swissport and the Hong Kong ...
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NewsUnilode to run Air India ULD fleet
Source: UnilodeULD management company Unilode Aviation Solutions has signed a full-service partnership with Air India.It will provide full ULD management and digitalised containers and pallets from its pool for the carrier’s fleet of over 120 aircraft serving 100 domestic and international destinations, both bellyhold and cargo.Unilode’s chief commercial officer, Mohammed ...
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NewsFar East- North America cargo trade lane fuelled by e-commerce
E-commerce is driving the growth of the Far East – North America air cargo trade lane, according to IATA’S chief economist.International cargo tonne-kilometers (CTKs) were up 3% in 2023 for the Far East – North America trade lane, notably above other trade lanes, said Marie Owens Thomsen, IATA's senior vice ...
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NewsAir cargo demand drivers
Source: Air Cargo NewsThe rapid rise of e-commerce, disruption in ocean shipping and supply chain diversification are some of the main drivers of air cargo demand in the current market.Speaking at the IATA World Cargo Symposium, Xeneta chief airfreight officer Niall van de Wouw identified three factors that drive air ...
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NewsAccelerating the "glacial" pace of change in air cargo
Source: Air Cargo NewsAir cargo needs to move from talk to action if it is to speed up its “glacial pace” of change, according to speakers on an executive round table discussion at the IATA World Cargo Symposium.During the event’s opening plenary, IATA senior vice president operations, safety and security ...
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NewsMSC Air Cargo benefits from for Descartes’ Air Messaging Solution
Source: MSCSoftware-as-a-service provider to the logistics industry Descartes Systems Group is providing its Descartes Air Messaging™ to MSC Air Cargo, the cargo airline operated by container shipping line MSC Mediterranean Shipping Company (MSC).Geneva, Switzerland MSC uses the technology the solution to better manage its air freight shipments, Descartes Air Messaging ...
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NewsAccelya and flydubai renew decade-long cargo partnership
Andrew Wilcock. Source: AccelyaAccelya, a supplier of software to the travel industry, has signed a multi-year contract renewal with the Dubai-based airline flydubai for the use of its FLX Cargo end-to-end freight management platform.The FLX Cargo solution platform digitises every aspect of the cargo booking and operations processes – from ...
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NewsFedEx pilots request release from mediation
Source: Air Cargo NewsThe Air Line Pilots Association, Int’l (ALPA) – the largest airline pilot union in the world, and one that represents more than 77,000 pilots flying with 42 US and Canadian airlines – has confirmed that FedEx Express pilots that it represents have filed a request with the ...
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Big three US airlines again delay resumption of further China flights
The three largest US airlines are pushing back until at least late October the resumption of many flights to China that they cut early during the Covid-19 pandemic.American Airlines, Delta Air Lines and United Airlines received authority from the US Department of Transportation (DOT) to delay by another 90 days ...
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NewsSwissport to help Vietjet Air develop air cargo services
Photo: SwissportSwissport has struck a deal with Vietjet to support and advise the Vietnamese low-cost airline in developing air cargo handling services and managing air cargo centres to the highest international standards.A memorandum of understanding (MoU) between Swissport and the Vietnamese low-cost airline was signed this week at the Vietnam-Australia ...
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NewsTeleport signs up with CargoWise
Source: TeleportSoutheast Asia air logistics provider Teleport has signed up to place its capacity on freight forwarder platform CargoWise.The move will allow forwarders that have implemented the WiseTech Global-owned platform to manage supply chain operations to plan, book, confirm and manage shipments on the carrier in real time."The direct data ...
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NewsFreighter operators face margin squeeze
Operating freighter aircraft has historically been a business with tight margins, a market environment temporarily interrupted by the Covid-19 pandemic. Recent airline financial statements again show (more familiar) marginal profitability levels, despite yields that remain 35%-40% up on 2019 figures.Slim pickings: turning a profit in air cargoFor the two decades ...