Airlines – Page 206
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NewsTitan Aviation and Bain Capital unveil $1bn freighter project
Aircraft lessor Titan Aviation and Bain Capital Credit will form a joint venture to develop a diversified freighter aircraft leasing portfolio with an anticipated value of approximately $1bn.Under the joint venture, Bain and Titan have committed to provide $360m and $40m of equity capital, respectively, which may be supplemented with ...
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FedEx continues to focus on airfreight capacity as Q2 results under pressure
FedEx will continue to examine further air cargo capacity retirements following a decline in its fiscal second quarter operating performance on the back of a weaker global economy and the loss of Amazon business.The express giant saw its revenues for the quarter ended November 30 drop by 2.8% year on ...
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Sun Country Airlines scoops 10 aircraft deal with Amazon
E-commerce giant Amazon has hired Sun Country Airlines to deliver its packages in Amazon Air-branded aircraft – a huge expansion for the Minnesota-based, ultra-low cost carrier – and it promises to represent up to 20% of the airline’s business.According to sister title FlightGlobal, the six-year deal is a “first-of-its-kind for ...
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Emirates SkyCargo's Chile freighter flights are the cherry on the cake
Emirates SkyCargo has operated a number of special charter flights to transport cherries from Chile to destinations in east Asia, including Shanghai, Hong Kong and Seoul, as it continues to target the perishables market from the South American country.In total, the Dubai hubbed airline transported more than 850 tonnes of ...
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Lufthansa Cargo launches dynamic pricing
Lufthansa Cargo has added dynamic pricing and real-time booking to its online portal.The airline said the new development, which uses its Rapid Rate Response system, will help expedite and simplify the booking process for customers.Starting in December 2019, the system will generate spot price offers for all customers based in ...
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NewsAirBridgeCargo and DB Schenker partner to improve air cargo data quality
Ariaen Zimmerman (left), executive director, Cargo iQ, and Chris Davies (right), Technology and product manager, Cargo iQ, with the winners of the Q-Rally challengeA collaboration between AirBridgeCargo Airlines and DB Schenker has been recognised by Cargo iQ for improving the data quality of shipment reports from Russia to Schengen Agreement ...
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Uzbekistan Airways signs up to CHAMP's online portal
Uzbekistan Airways has signed up to use CHAMP Cargosystems’ online portal, FREIGHT.AERO, as it looks to develop its digital offering.FREIGHT.AERO offers real-time availability and price, e-bookings, air waybill and house air waybill processing."FREIGHT.AERO is connected to 20+ airlines and empowers forwarders to do business online with multiple airlines through a ...
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Cathay Pacific expects a weak first half of 2020 for cargo
Cathay Pacific is expecting a weak start to next year, but is more optimistic for 2020 as a whole.The Hong Kong hubbed airline said that its cargo performance continues to come under pressure and this is expected to continue next year.Last month, Cathay Pacific and Dragon Air carried 177,964 tonnes ...
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Qantas and Alaska Air B737 freighters back in the air
Qantas Freight and Alaska Air Cargo have both re-started flights using their IAI converted B737 freighters after they were temporarily grounded last week on safety grounds.Tracking website Flight Radar 24 shows that both airlines started flying their freighters yesterday after they were taken out of action on December 11.However, Alaska ...
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NewsMaestro announces partnership with Emirates Skycargo in Chicago
Emirates SkyCargo has announced that Maestro International Cargo will be one of its new pharma handling partners.At Chicago O'Hare International Airport, Maestro operates a state-of-the-art, three-zone, GDP-certified cooler dedicated to handling pharma products at temperatures ranging from 8 to 25C.Edip Pektas, managing partner of Maestro International Cargo, said: "An airline ...
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21 Air to welcome second Boeing 767 freighter
21 Air is set to welcome a second Boeing 767-300 Extended Range freighter to its fleet.It will operate the aircraft on a US–South America flight program for LATAM Cargo on an interchange basis.It is the fourth B767F in the airline's fleet.The airline is in the process of adding other LATAM ...
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NewsRegulator says B737 conversions can fly with loading restrictions
737-700 during conversion at IAIIsrael's aviation regulator has ordered airlines with Boeing 737 jets converted to freighters by Israel Aerospace Industries (IAI) to comply with loading restrictions and use additional straps when needed before they can resume flying, according to Reuters.Its directive, published as an emergency airworthiness directive on the ...
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NewsIAI "finds interim solution" to keep 737 conversions flying
Israel Aerospace Industries (IAI) believes it has found “an interim solution” to the problem which earlier this week grounded some of the Boeing 737 freighters it has converted.According to Reuters, IAI expected the Civil Aviation Authority of Israel to approve a fix today (Thursday) to allow the freighters to resume ...
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Powerful air cargo alliance takes aim at rogue lithium batteries
The International Air Transport Association (IATA), the Global Shippers Forum (GSF), the International Federation of Freight Forwarders Associations (FIATA) and the International Air Cargo Association (TIACA) are teaming up to increase their efforts to ensure the safe transport of lithium batteries.The partners will target three areas to reduce the incidents ...
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NewsLATAM Cargo takes delivery of latest B767 freighter
LATAM Cargo has taken delivery of its latest Boeing 767-300BCF which will be deployed on services between South America and the US.The Santiago-headquartered airline said that the delivery of the aircraft meant it would end the year with increased capacity.The new freighter will principally be deployed on services between Colombia ...
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IATA: Air cargo set to return to growth in 2020
Airline association IATA has predicted that the cargo sector will return to growth next year, while airlines are also expected to improve their profitability.In its annual outlook, IATA said that freight volumes are expected to increase by 2% year on year in 2020 to reach 62.4m tonnes following on from ...
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SF Airlines' fleet reaches 58 freighters
SF Airlines' fleet has reached 58 freighters with the re-delivery of a Boeing 757-200 converted freighter from Precision.The delivery of the aircraft marks a year of rapid growth for the airline as it has expanded its fleet from 50 freighters at the start of the year. Meanwhile, it has expanded ...
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Hong Kong Airport exporters to benefit from cargo concession
Airport Authority Hong Kong (AA) will support airlines to introduce a terminal charge concession scheme from April 1 next year to help offset increased cargo screening costs and reinforce the hub's competitiveness.Under the Scheme, AA will contribute 20% of the terminal charge concession amount offered by an airline to freight ...
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NewsEmirates adds cargo capacity to Mexico City
Emirates has added 98 tonnes of cargo capacity per week to the Mexico City market with its new daily B777-200LR flights.The airline today celebrated the inaugural flight of its new daily service from Dubai to Mexico City via Barcelona.The airline said the new 777 flight will also offer up to ...
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UPS expands urgent shipment services
UPS has expanded its time- and day-definite delivery services to new locations in 40 countries, including five new countries, as demand for urgent shipments continues to ramp up.The delivery giant said its express services are now available across 140 countries and territories, reaching the top 20 countries by GDP with ...