Airlines – Page 180
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NewsWFS wins Air France KLM Martinair Cargo contract at Brussels Airport
Worldwide Flight Services (WFS) has been awarded a five-year contract with Air France KLM Martinair Cargo at Brussels Airport.WFS will carry out handling services for the carrier at its new facility at the airport, including cargo, mail and truck handling, for some 30,000 tonnes annually.WFS' new €100m cargo handling facility, ...
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Cathay Pacific makes changes to cargo management team
Hong Kong-based carrier Cathay Pacific has made changes to its cargo management teamThe carrier has appointed Tom Owen into the role of director of cargo.Owen has served on the Cathay Pacific leadership team as director of people for the past five years. He has previously held a variety of senior ...
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ATSG: "Strong demand" for leased freighters during coronavirus
Aircraft leasing company Air Transport Services Group (ATSG) has highlighted that its half-year results reflect "solid growth, improving cash flows and strong demand for leased cargo aircraft".During the first half of this year, the group's revenues increased 13% to $378m, while adjusted ebit rose 20% to $125.6m."Increased contributions from ATSG’s ...
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Forwarder and shipper charter deals propel Atlas Air in Q2
Atlas Air Worldwide Holdings saw its operating revenues and income increase during the second quarter of the year as forwarders and shippers looked to secure freighter capacity through charter deals with the firm.The New York-headquartered lessor reported second quarter operating revenues of $825.2m — up 24.3% on year earlier — ...
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Lufthansa Cargo revenues lifted by capacity crunch
Lufthansa's logistics division, which includes Lufthansa Cargo, saw revenues rise in the first half of this year, despite significant cuts to bellyhold capacity.The carrier said this outcome was a result of demand outstripping supply. "Demand for the remaining cargo capacities went up during the first half-year of 2020, with the ...
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NewsVolga-Dnepr Group enters the B777F market with first delivery
The Volga-Dnepr Group has entered the B777 freighter market following the delivery of its first aircraft of the type.The aircraft was ordered by Volga-Dnepr in partnership with aircraft lessor Dubai Aerospace Enterprise (DAE) and adds to subsidiary AirBridgeCargo's fleet of B747 freighters."Volga-Dnepr is dedicated to the development and optimal composition ...
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NewsQatar Cargo's '1 million kilos' campaign just the start of sustainability drive
Guillaume HalleuxQatar Airways Cargo’s 1 million kilos project is just the start of a far reaching outreach project that the airline hopes will help reinforce the UN’s Sustainable Development Goals*.The carrier announced its ambitious 1 Million kilos campaign, which was prompted by the Covid-19 outbreak, in mid-July. It will enable ...
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NewsAir cargo demand continues its gradual recovery
The latest figures from CLIVE Data Services show that air cargo volumes continued to climb in July, while load factors for the month remained ahead of last year's levels.Airfreight volumes were 20% down on a year ago in July, but this is an improvement on the drops of 26% (April), ...
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Virgin Atlantic's cargo flights continue as it applies for bankruptcy protection
Virgin Atlantic has confirmed that it will continue its cargo operations after filing for Chapter 15 bankruptcy protection in the US.The airline told Air Cargo News that cargo operations will continue while it goes through the process of securing court approval for its creditor backed restructuring plan.Cargo flights will therefore ...
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Virgin Atlantic files for bankruptcy protection, plans restructuring vote
Virgin Atlantic creditors will vote on the UK carrier’s restructuring plan at a meeting on 25 August after court proceedings in London.The UK carrier secured the order following a 4 August court hearing, held as part of the planned private recapitalisation it announced in July under the UK Companies Act.In ...
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Atlas Air sees share price soar as investors circle
Atlas Air Worldwide Holdings has seen its share price increase rapidly since the start of the year as investors look to benefit from the ongoing capacity crunch.New York-headquartered Atlas Air Worldwide Holdings has seen its share price on the NASDAQ exchange double from $27.73 on January 2 to $55.72 as ...
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NewsVolga-Dnepr's quick O&G turnaround
Volga-Dnepr Airlines has completed a charter flight to deliver of oil & gas equipment for P-cube aviation.Four compressors and two rotors, weighing more than 26 tons, were delivered onboard an IL-76TD-90VD from Singapore to Melbourne (Australia) for urgent repair and maintenance works.The airline processed all flight permits within one day ...
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IAG Cargo selects ABDA Aviation as Malaysia GSSA
IAG Cargo has selected ABDA Aviation to be its GSSA in Malaysia. ABAD will also provide IAG Cargo with customer service and operational support across its business activities in the country.The deal comes as IAG Cargo restarts its operations in Kuala Lumpur, enhancing the Malaysia’s position as an "increasingly important" ...
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Airfreight rates up as capacity comes under pressure
Airfreight rates from key Asian hubs continued to climb last week as ocean capacity shortages and personal protective equipment shipments pick up.The latest figures from TAC Index show that average airfreight rates from Hong Kong to North America last week climbed for the fourth week in a row as they ...
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Can e-commerce deliver for airlines?
With widespread gloom in the industry about the pace of passenger traffic’s return this year, the cargo market will remain a bright spot for airlines well into 2021, as growth in e-commerce displaces shipments of personal protective equipment as a major opportunity.That is the message from expert panelists in a ...
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NewsUN An-74 badly damaged in Mali landing accident
One of Utair Group’s freighter aircraft, an Antonov An-74 TK-100, has been substantially damaged in an accident at Gao in eastern Mali.The United National Multidimensional Integrated Stabilisation Mission in Mali – known as MINUSMA – said the aircraft was landing at Gao after arriving from the capital, Bamako, at around ...
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NewsAirBridgeCargo in record pharma shipment
AirBridgeCargo Airlines has moved 41 RKN containers — a "record amount", it said — for DSV on a scheduled flight from the Amsterdam, the Netherlands to Shanghai, China.The carrier flew the containers, which were manufactured by CSafe Global and contained more than 30 tonnes of temperature-sensitive pharma, on the lower ...
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US airlines set to boost cargo capacity with PAX seat removals
US airlines could soon be set to be able to remove seats from passenger aircraft in order to boost their cargo-carrying capacity.MRO firm Delta Engineering — no relation to the airline — has applied for supplemental type certificate (STC) approval that would allow it remove seats from a range of ...
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NewsVolga-Dnepr partners with K+N to transport power turbine
Volga-Dnepr Airlines has teamed up with Kuehne+Nagel (K+N) to move a power turbine from the UK to Russia.The cargo, which weighed 4.5 tonnes, was loaded into Volga-Dnepr’s An-124 aircraft (IL-76TD-90VD) aircraft using its onboard crane system before being flown to the Midlands, UK.Oleg Makushkin, head of procurement and airline relations, ...
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IAG Cargo achieves higher revenues despite a slide in volumes
IAG Cargo saw is revenues rise in the first half of this year, despite volumes being down on a year earlier.Revenues for the first six months increased 10.5% year on year to €615m, while volumes dipped 33% to 232 tonnes "due to the reduction in passenger schedules"."Yields were significantly higher, ...