Airlines – Page 15
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InsightsTop 25 cargo carriers: Cargo goes slow on growth in 2023
Air cargo demand in 2023 was slow to recover from the previous year’s market slump and the top 25 cargo airlines felt the strain.2023 was undoubtedly a tough year for air cargo with global full-year demand, measured in cargo tonne-kilometers (CTKs), for the top 25 airlines down 1.7% compared to ...
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NewsBangladesh air cargo rates still elevated
Air cargo rates out of Bangladesh were still elevated in the last full week of August as a range of issues has hit supply chains from the country over the past year.Data from Xeneta shows that rates from Bangladesh were up 163% year on year in the week ending August ...
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Schirmer sentenced in Polar fraud case
Former Polar Air Cargo employee Robert Schirmer has been sentenced to 18 months in prison after pleading guilty last year to taking part in a scheme to defraud the US cargo airline out of millions of dollars. Ex-executive Schirmer pled guilty last October to one count of conspiring to commit ...
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Transpacific air cargo rates pick up in August as firm demand continues
Air cargo rates on the transpacific trade picked up in August as the busy market conditions continued and companies begin to eye what is expected to be a strong peak season.The latest figures from the Baltic Exchange Airfreight Index (BAI) calculated by TAC Index show that rates from Hong Kong ...
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NewsEVA Air to use AeroSHARK technology on 777Fs
Photo: Lufthansa TechnikTaipei-based EVA Air will become the first Asian airline to modify its fleet of nine Boeing 777 freighters with environmentally friendly drag-reducing AeroSHARK surface technology.Lufthansa Technik’s and BASF’s jointly developed AeroSHARK surface riblet film will cover the aircraft’s fuselage and engine nacelles to reduce drag, save fuel and ...
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Transatlantic capacity withdrawal set to drive up rates
The transatlantic airfreight lane will have much less capacity from September due to the winter season and shifting of capacity to the Asia-Europe trade lane. Demand is expected to remain the same on Europe-US and US-Europe routes because there aren’t any major drivers for change in the US and Europe ...
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E-commerce and maritime disruption benefits Asia Pacific airlines
Air cargo data for Asia Pacific airlines in July shows they continued to benefit from robust e-commerce demand and ongoing disruptions in maritime shipping.Preliminary July traffic figures released by the Association of Asia Pacific Airlines (AAPA) reveals a 12.3% year-on-year increase in international air cargo demand, measured in freight tonne ...
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NewsIATA: Double-digit growth in cargo demand continues in July
Air cargo demand continued to soar in July with the latest IATA statistics showing a year-on-year increase of 13.6% on the back of issues on the ocean and the continued e-commerce boom.The airline association said that cargo tonne kms had now registered a double-digit percentage increase for eight months in ...
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Shippers urged to plan for peak as air cargo could overheat
Shippers have been urged to secure space and make contingency plans as the air cargo market is facing capacity shortages out of key Asian markets during the peak season, according to speakers on a webinar from Xeneta and Tiaca.Speaking on the webinar, Xeneta airfreight analyst Wenwen Zhang pointed to statistics ...
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NewsCMA CGM Air Cargo launches transpacific route with latest 777F
CMA CGM AIR Cargo 777-200F. Photo: CMA CGMCMA CGM Air Cargo has started a new transpacific route between Hong Kong International Airport (HKG) and Chicago O'Hare International Airport (ORD) using its recently delivered third Boeing 777-200 freighter operated by Atlas Air.The first commercial flight took place on August 25, connecting ...
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Canada's WestJet expands pet transport service to the UK
WestJet Cargo has expanded its pet transportation services from Canada to London Gatwick (LGW), London Heathrow (LHR) and Edinburgh (EDI).This expansion, using belly capacity, comes in response to the growing demand for secure and reliable international pet travel between Canada and Europe, said the Canadian airline.The carrier operates flights between ...
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China's freighter fleet to triple by 2043
China's freighter fleet is expected to nearly triple by 2043, with demand stimulated by its booming e-commerce sector.Boeing's 2024 Commercial Market Outlook (CMO) for China found that 170 freighter deliveries are expected between 2024 and 2043. This number includes both newbuild and conversion models."China's commercial aviation market for passengers and ...
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Forwarders and shippers push for longer term air cargo deals
Freight forwarders and shippers are continuing to push for longer term air cargo deals as they look to avoid potential rate hikes due to the risk of supply chain disruption.A half-year market report from analyst Xeneta shows that contracts of more than six months accounted for 54% of the market ...
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NewsAstral begins China-Kenya freighter route
Photo: Astral AviationAstral Aviation has added China to its network with a new route from Guangzhou to Nairobi with an onward connection to Maputo in Mozambique.Air Charter Service Hong Kong was the launch customer for the new route which will be served by a 767 freighter, said Astral."Initially we will ...
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Cessna set to bring cargo to all corners of the Philippines
Textron Aviation's Cessna SkyCourier twin utility turboprop has gained type certification in the Philippines, expanding the freight and passenger aircraft’s market into remote areas of southeast Asia.The first SkyCourier in the region – a 19-seat passenger variant – is due to be delivered in the second half of 2025 to ...
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WebCargo gives island carrier a bigger platform
Pacific Air Cargo has joined Freightos’ WebCargo, expanding the digital booking and payment platform’s reach to its routes from Los Angeles to Hawaii and the Pacific Islands.The US carrier operates over 600 annual flights and moves over 100m lbs (45m kg) of cargo a year, ranging from construction materials and ...
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Atlas Air orders three 747-8Fs
Atlas Air will add three Boeing 747-8 freighters to its fleet that are expected to enter service late in the third quarter of this year.The New York state-based lessor and cargo airline said the 747-8Fs will help it meet global demand for large widebody airfreight capacity, particularly for cross-border e-commerce ...
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Alaska promises Hawaiian a warm welcome as merger clears hurdle
Alaska Airlines’ acquisition of Hawaiian Airlines has cleared a major hurdle after the Seattle-based carrier said on August 20 that the time period for the US Department of Justice to review the $1.9bn deal had expired, and no objections appeared to have been made.A US judge had earlier this month ...
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NewsOrphan chimp finds her forever home thanks to DHL Express
DHL Express has helped Monkey World Ape Rescue Centre move orphaned chimpanzee Chocolat to her new home at the sanctuary in Dorset, UK.A victim of the Republic of Congo’s illegal bushmeat trade, Chocolat was an infant when her family were hunted and killed 20 years ago while she herself was ...
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MNG Airlines adds A330-300P2F
CDB Aviation has delivered one Airbus A330-300 Passenger to Freighter (P2F) aircraft to Turkish cargo carrier MNG Airlines to help it meet its fleet modernisation and network growth targets.The A330P2F offers more cargo volume and lower cost-per-ton than other available freighter aircraft types with a similar range, said CDB Aviation.“We ...