Airlines – Page 18
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NewsAir Europa Cargo adds capacity to cargo.one
Photo: cargo.oneAir Europa Cargo has placed its capacity on digital air cargo booking platform cargo.one to offer freight forwarders improved access to capacities connecting Europe and the Americas.From late summer, freight forwarders in selected cargo.one markets throughout EMEA and Latin America can book Air Europa Cargo capacity for general cargo, ...
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NewsHong Kong Air Cargo signs MoU with ZTO Express
Photo: Hong Kong Air CargoHong Kong Air Cargo (HKAC) has signed a strategic cooperation memorandum of understanding (MoU) with Chinese logistics company ZTO Express Group to strengthen their partnership in the air cargo sector.ZTO is a major express delivery company in China and one of the largest express delivery companies ...
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NewsModern Logistics targets fleet and network growth
Modern Logistics 737-800BCF. Photo: Modern Logistics Brazilian integrated logistics company Modern Logistics will begin the first phase of its international expansion strategy later this month and has further plans to expand its fleet. As previously announced, the expansion strategy comprises two stages. The initial phase will begin ...
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IndiGo begins new India-China freighter route
IndiGo CarGo has begun operating freighter flights between Kolkata in India and Ezhou in China as it continues to expand its network.The freighter flights between Netaji Subhash Chandra Bose International Airport (CCU) and Ezhou Huahu Airport (EHU) in central China’s Hubei Province will operate three times a week, said Mark ...
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Air Incheon gains support for Asiana cargo bid
Air Incheon's plan to acquire Asiana Airlines’ cargo business is gaining momentum with reports that Hyundai Glovis may invest in a consortium led by the airline.Republic of Korea (ROK)-based logistics company Hyundai Glovis said it is considering an investment after Air Incheon was named as the preferred bidder for Asiana ...
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InsightsFAA gives green light to drone flights without visual observers in common airspace
In what the Federal Aviation Administration (FAA) says is a first for US aviation, it has authorised commercial drone flying without visual observers in the same Dallas-area airspace. Authorisations have been granted to Zipline International and Wing Aviation to allow them to deliver packages while keeping their drones safely separated ...
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Insights
Putzger Perspective: Smaller freighters have fallen out of fashion
Smaller freighters are dropping out of the skies. FedEx is retiring about one fifth of its 757 freighter fleet. Next year Atlas Air will end flying eight 737 cargo planes for Amazon – one year ahead of their contract expiry. The same goes for 17 B767Fs that Atlas is currently ...
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InsightsAutomotive: Driving air cargo success
For air cargo carriers and forwarders who handle automotive logistics alike, there is plenty of business to be done in this specialised segment of the airfreight sector, but there are also challenges to be overcome.Lufthansa Cargo, part of Germany’s national flag-carrier airline group, is one of the carriers that transports ...
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IAG Cargo revenues improve in Q2
IAG Cargo has registered a year-on-year improvement in cargo revenues for the first time since the first quarter of 2022.The cargo business of the IAG Group saw its second-quarter cargo revenues increase by 1.1% compared with last year to €283m.Since 2022 the air cargo market has been affected by the ...
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Air cargo rate increases on major Asia trades taper off in July
Airfreight rates on key trade lanes out of Hong Kong were largely flat in July compared with June but they continue to be higher than a year ago.The latest figures from the Baltic Exchange Airfreight Index (BAI) calculated by TAC Index show that rates from Hong Kong to Europe in ...
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AA Cargo makes domestic network freight capacity available on cargo.one
American Airlines Cargo and cargo.one have extended their partnership to bring all of the US carrier’s domestic freight capacity to the latter’s digital air cargo booking platform.US forwarders using the cargo.one platform now have improved digital access to American’s domestic network, which spans more than 115 US destinations, being able ...
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NewsXeneta: strong demand for air cargo drives higher spot rates
The quicker than expected recovery to July’s global IT outage meant that there was no significant ongoing disruption to rates amidst ongoing strong demand for air cargo, according to the latest market analysis from Xeneta.Airfreight rates rose for a sixth consecutive month, with global average air cargo spot rates reaching ...
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United goes with Neste for SAF at O’Hare
Finland-based sustainable fuels supplier Neste is to provide up to 1m gallons (3,000 metric tons) of Neste MY Sustainable Aviation Fuel (SAF) to United Airlines for use at Chicago O’Hare International Airport in the period up to the end of this year.United is the first airline to purchase SAF for ...
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NewsBoeing names Kelly Ortberg as new president and chief executive
Kelly Ortberg. Source: BoeingBoeing’s board of directors has elected Robert K (Kelly) Ortberg as the company's new president and chief executive.The move will becomes effective on August 8.Ortberg will succeed Dave Calhoun, who earlier this year announced his intention to step down and leave the company. He had served as ...
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NewsAirfreight rates remain stable despite July global IT outage
The latest data from airfreight price reporting agency (PRA) TAC Index show that global air cargo rates only edged up last week (in the week ending July 29).That news came as a surprise, given the massive global IT outage of 18 July.The overall Baltic Air Freight Index (BAI00) calculated by ...
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AAPA reports strong growth in Asia Pacific airfreight
Preliminary June 2024 traffic figures released by the Association of Asia Pacific Airlines (AAPA) show that there was strong demand for international air cargo capacity in the region in June.Overall, Asia Pacific airlines recorded a 16.4% year-on-year increase in international air cargo demand – as measured in freight tonne kilometres ...
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NewsIATA data highlights continued strong demand for air cargo
The International Air Transport Association's (IATA) latest data shows that global air cargo markets are continuing to boom.June’s figures have contributed to what IATA has described as “an exceptional first half-year performance for air cargo”, with airfreight volumes exceeding those of last year, of 2022, and even of record-breaking 2021 ...
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ATSG subsidiary delivers B767-300 freighter to Georgian Airways
Air Transport Services Group, Inc’s (ATSG) leasing subsidiary Cargo Aircraft Management (CAM) has delivered a Boeing 767-300 freighter aircraft to Georgian Airways.Georgian Airways offers scheduled, charter and regular flights across Europe, the Baltic region, the Caucasus, the Black Sea Region, the Middle East, eastern and southern Asia.The 767-300 is a ...
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NewsQatar Cargo to refocus freighter network strategy to drive profitability
Qatar Cargo will make its freighter network more responsive to market conditions as part of efforts to increase profitability - with changes to its Americas network coming in September.Speaking to Air Cargo News, Qatar Airways chief cargo officer Mark Drusch said the carrier was looking to adjust its freighter network ...
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NewsAir France KLM Martinair pulls cargo capacity from Latam to focus on Asia
Air France KLM Martinair Cargo (AFKLMP) is pulling freighter capacity out of the Latin American market to increase its focus on the rapidly growing market out of Asia.The carrier today announced that Martinair would launch a new Boeing 747-400 freighter service between Amsterdam Schiphol and Hong Kong via Dubai offering ...