Airlines – Page 142
-
InsightsCLIVE: Carriers tweak capacity as load factors weaken in July
Air cargo dynamic load factors hit their lowest level since the start of the Covid-pandemic in July as the industry entered the summer slack season, according to the latest figures from CLIVE Data Services.CLIVE data shows that dynamic load factors stood at 66% in July, which is down by three ...
-
NewsAmazon Air opens $1.5bn US cargo hub
Source: AmazonAmazon Air has opened its huge new $1.5bn air hub at Cincinnati/Northern Kentucky International Airport (CVG) that will serve as the e-commerce giant's central US cargo hub.The hub has taken four years to construct and measures 800,000 sq ft across seven buildings on a 600 acre campus.Amazon said the ...
-
InsightsOngoing boost from shipping and bellyhold shortages for freighter operators
A slow recovery in belly capacity and higher rates in ocean shipping are expected to boost air cargo for the coming years, according to Boeing’s Tom Crabtree.Speaking to Air Cargo News, Crabtree, who is regional director, Boeing Commercial Airplanes market analysis — air cargo, said that air cargo demand had ...
-
News
Qatar Cargo continues digital push with WiseTech partnership
Qatar Airways Cargo has continued its digital push with the implementation of data connections with air cargo software provider WiseTech Global.The airline said that connecting directly with WiseTech will help to eliminate multiple intermediary data exchange points between freight forwarders and airline operating systems."These direct data feeds also add real ...
-
News
Crew quarantine measures hold back Cathay Pacific Cargo in H1
Hong Kong quarantine restrictions took their toll on Cathay Pacific's first-half performance with revenues and volumes all declining compared with a year earlier.The airline saw its first-half cargo revenues decline by 0.6% on last year to HK$11.1bn, while cargo revenue tonne kms (RFTK) were down 20.1% to 3.3bn and the ...
-
NewsPartners Delta and Virgin re-sign with dnata for UK cargo handling
dnata Heathrow City East Phase 2. Source: Virgin AtlanticVirgin Atlantic Cargo and Delta Cargo have extended their cargo handling contract with dnata at seven UK hubs for another five years.The extended contract covers ground handing and export services from the airlines' joint London Heathrow hub and Manchester Airport as well ...
-
NewsAvianca Holdings adds new cargo head as sector's importance grows
Gabriel Olivia. Source: AviancaAvianca Holdings has appointed Gabriel Oliva as executive vice president and head of its cargo unit.Oliva, who will take up the role on August 18, has more than 20 years of experience in executive positions in a range of industries, with over 10 years of experience in ...
-
News
Silk Way West interlines with Astral as it looks to Africa
Silk Way West Airlines has signed an interline agreement with Astral Aviation as it looks to offer destinations in Africa.The two freighter operators will use Dubai World Central as a transit point for cargo being transferred between the two airlines.Astral will connect Dubai to Nairobi where cargo can then be ...
-
News
Titan Airways' new Malta business to add freighters
Titan Airways has set up a new Maltese airline that will operate A321 freighters as it looks to establish a presence in the European Union.The new Maltese AOC will begin operations utilising an A321-200 passenger aircraft but two A321P2Fs will join the fleet this the summer.Another two EFW A321 conversions ...
-
NewsAntonov Airlines flies mining equipment from France to Argentina
Image source: Antonov AirlinesHeavy-lift freighter operator Antonov Airlines has carried 40 tonnes of mining equipment from France to Argentina via Brazil.Cargo included a large semi-autogenous grinding (SAG) mill head, which was split into four parts sections and transported on an AN-124-100 chartered by Dynami Aviation.Antonov Airlines said the aircraft type ...
-
NewsLATAM takes steps towards cutting emissions with modernised fleet
Image source: AirbusLATAM Airlines has taken steps towards reducing its emissions with the purchase of 28 new A320neo aircraft, as it continues its fleet modernisation plan.The agreement is in addition to the 42 narrow body aircraft already agreed upon — bringing the total to 70 — as part of the ...
-
News
Atlas Air revenues driven up by higher rates and volumes in Q2
Freighter operator Atlas Air Worldwide has achieved increased revenues and net income in the second quarter of this year – due to higher rates and the “significantly improved” performance of its Airline Operations division.In its second-quarter 2021 results, the freighter operator recorded a 20% year-on-year increase in revenues to $990.4m. ...
-
News
Lufthansa Cargo optimistic for the future after positive Q2
Lufthansa's cargo business recorded improvements in revenues, profits and volumes in the second quarter as it benefited from higher rates.The airline group's logistics segment, which includes Lufthansa Cargo, time:matters, Jettainer and an equity investment in AeroLogic, saw second-quarter revenues increase by 13% on last year to €766m, while earnings before ...
-
News
Preighters unlikely to offset rising air cargo demand
The use of passenger aircraft in an all-cargo configuration is unlikely to offset rising air cargo demand for the peak season.Writing in the Baltic Exchange monthly market summary, Bruce Chan, vice president of global logistics at investment bank Stifel said that issues in ocean shipping, high ocean prices and ongoing ...
-
News
Cathay Pacific caters for garment sector with Pittsburgh flights
Cathay Pacific Cargo has restarted operations to Pittsburgh International Airport (PIT) with twice-weekly pax-cargo flights.The Hong Kong-hubbed carrier re-launched flights on August 2 utilising Boeing 777-300ER passenger planes converted for cargo.The carrier plans to continue serving the US airport through to the end of the year. Cargo onboard the aircraft ...
-
NewsATC notes successful first year of B747F charter flights
Source: Air One AviationGSSA Air One Aviation has generated more than 145,000 tonnes of cargo in the first year of its deal with freighter carrier AeroTransCargo (ATC).The sales agent said that ATC expanded from ACMI operations to offering its own charter flights at the start of August 2020 and since ...
-
News
New China-based cargo carrier linked to JD.com prepares for launch
A new China-based cargo airline with links to e-commerce firm JD.com has gained preliminary approval to begin flights.Reports suggest that Jiangsu Jingdong Cargo Airlines will be 75% owned by Suqian Jindong Zhanrui Enterprise Management, which is in turn controlled by JD.com founder Richard Liu.The airline, which received approval from the ...
-
News
Cargo.one launches in N. America with capacity available from 18 carriers
Digital airfreight booking platform cargo.one has gone live in North America, enabling freight forwarders based in the US and Canada to view and instantly book airfreight capacity in real-time.The platform, which is free for freight forwarders to sign up to and use, offers cargo capacity in North America from 18 ...
-
NewsIAG Cargo achieves record uplift on cargo-only A350-1000 flight
Image source: IAG CargoIAG Cargo has transported its heaviest A350-1000 bellyhold cargo load on a single flight Bangalore to London Heathrow.The carrier said the cargo, which amounted to 48.5 tonnes, was the most cargo it has carried on the aircraft type.Perishables including baby-corn and other fresh vegetables, as well as ...
-
NewsTop 25 cargo airlines: Freighter operators to the fore
FedEx, UPS and Qatar were last year the largest air cargo carriers once again, but there were major winners and losers in the overall top 25 airlines as the Covid pandemic took its toll on the market (see full at end of article).According to IATA’s latest World Air Transport Statistics ...