Airlines – Page 22
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NewsForwarders and shippers brace for Q4 hike in air cargo rates
Airlines are looking ahead to air cargo's fourth quarter peak season to decide how best to maximise returns from capacity out of Asia as spot rates are predicted to go sky high.With a backdrop of more demand and less capacity, industry analyst Xeneta has warned that shippers and forwarders seeking ...
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NewsLufthansa finally able to proceed with ITA Airways stake
Source: Lufthansa GroupThe European Commission has approved Lufthansa's bid to buy a 41% stake in ITA Airways, over two and half years since Lufthansa first expressed interest in the Italian carrier.Air Cargo News first reported that the MSC Group aimed to work with Lufthansa to acquire a majority stake in ...
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Air Serbia Cargo appoints NAS as GSSA in France
Network Airline Services (NAS) has recently been appointed the general sales & service agent (GSSA) for Air Serbia Cargo in France.Air Serbia currently operates a fleet of both Airbus and Boeing aircraft including A319, A320, B737 and A330 aircraft.The airline operates to 78 destinations in 35 different countries around the ...
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NewsFedEx to grow cargo facility at Clark Airport in the Philippines
From left: Lourdes Josephine Gotianun-Yap Chairman, LIPAD, Noel F. Manankil, President and CEO, LIPAD, Maribeth Espinosa, Managing Director, FedEx Philippines, Jenieryll Jomarie Mangalindan, Senior Manager for Operations, FedEx Philippines. Photo: FedExFedEx will expand its gateway facility at Clark International Airport (CRK) in the Philippines following the signing of an ...
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Qatar Cargo volumes up but revenues under pressure in 23/24
Qatar Airways Cargo registered an increase in cargo tonnages during the fiscal year running until March 31 but its revenues declined.In total, the airline saw its cargo volumes increase by 12.9% year on year to 3m tonnes but revenues were down 25.8% year on year to QAR15.3bn.The decline in revenues ...
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Caribbean Airlines Cargo signs up for new CHAMP Cargospot tools
Caribbean Airlines Cargo has adopted CHAMP’s Cargospot Mobile and Cargospot Quotes with the aim of driving efficiency and growth within its business.The airline is already using CHAMP's Cargospot suite for cargo management processes, but has now signed multi-year contracts for Cargospot Mobile and Cargospot Quotes.Cargospot Mobile will equip Caribbean Airlines ...
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AFKLMP begins Amsterdam-Dubai freighter service
Air France KLM Martinair Cargo (AFKLMP) has begun a new weekly Boeing 747 freighter service operated by Martinair between Amsterdam Schiphol Airport (AMS) and Dubai World Central Airport (DWC).The service began on July 1 and operates from AMS to DWC with a stopover at Cairo International Airport (CAI) before returning ...
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NewsATSG leases more 767Fs to My Freighter
Photo: Business WireUzbekistan-based airline My Freighter will lease two more Boeing 767-300 passenger to freighter (P2F) aircraft from Air Transport Services Group's (ATSG) subsidiary, Airborne Global Leasing.The addition of these two aircraft will expand the Tashkent-hubbed airline's ATSG-leased fleet to five 767-300P2Fs as part of efforts to connect trading hubs ...
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InterviewsFreighter conversion market to normalise but faces over oversupply
The freighter conversion market is expected to normalise this year according to IBA, although there is a risk of narrowbody oversupply. This year’s conversion market activity is expected to be “on a more normal level” compared to 2023, IBA has reported. Cargo capacity demand during the pandemic drove conversion activity ...
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InterviewsIAG Cargo: In it for the long haul
IAG Cargo is investing in facilities, digitalisation and people as it looks to keep ahead of emerging trends and developments in air cargo. One of the biggest non-flying investments that the IAG Group has ever made in the UK is the IAG Cargo Centre at London Heathrow Airport. That is ...
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InsightsAirbus anticipates A350F demand growth
Airbus is primed for A350F growth this year with potential for orders from customers in Asia and the US.Asia and the US both hold promise for new orders of the A350 freighter, according to the aircraft manufacturer.Senior director freighter marketing Bernard de l’Estoile notes that Airbus is currently in consultation ...
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Turkish Cargo continues freighter fleet expansion with 777 order
Turkish Airlines Cargo is looking to further expand its freighter capacity through the addition of extra Boeing 777 freighters.The fast-growing airline today announced the order of four 777Fs to add to its existing fleet of eight of the aircraft.Air Cargo News has asked Boeing when the aircraft are due to ...
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Air France KLM Cargo welcomes five new SAF users
Air France KLM Martinair Cargo (AFKLMP) has continued to add new companies to its Sustainable Aviation Fuel (SAF) programme.At the Air Cargo China event last week, the carrier revealed that five Asia-based customers have signed up to use SAF through the carrier group.The companies are: JHJ International Transportation, Best Services ...
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NewsIATA: Air cargo volumes increase over 14% in May
The air cargo industry has now clocked up the sixth consecutive month of double-digit year on year growth thanks to trade growth, e-commerce and oceanfreight capacity constraints, reported IATA.Total demand in May, measured in cargo tonne-kilometers (CTKs), rose by 14.7% compared to May 2023 levels. There was also a 5.3% ...
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SF Airlines adds new China-Vietnam cargo link
SF Airlines has continued with the expansion of its network through the addition of extra flights to Vietnam.The China-based express giant has this week added a freighter route linking Shenzhen and Ho Chi Minh City, according to the Xinhua news agency.The flight will operate five times a week and offer ...
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Maersk withdraws bid for DB Schenker
A.P. Moller-Maersk has withdrawn its bid to buy DB Schenker, leaving just three bidders remaining in the acquisition race.The shipping giant said in a statement shared with Air Cargo News that it made the decision to quit the acquisition process for Deutsche Bahn's freight forwarding subsidiary after it concluded that ...
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Coyne Airways scores WebCargo first with DG cargo option
Coyne Airways has become the first carrier to offer dangerous goods bookings through WebCargo after adding its capacity to the portal.The carrier offers services to Africa, the Gulf, and the Caspian regions and has carried around 300,000 tons of air cargo since it was established in 1994 by Larry Coyne.Third-party ...
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NewsSilk Way signs air cargo MoU with China Henan Aviation
Silk Way West Airlines has signed a Memorandum of Understanding (MOU) with China Henan Aviation Group (CHAGC) to enhance air cargo connectivity and efficiency between Zhengzhou in China and Baku in Azerbaijan.The MoU, signed during Air Cargo China 2024 in Shanghai, aims to build a robust dual-hub cooperation model that ...
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Duggan joins Oman Air as head of cargo
Muscat-based Oman Air has appointed Mike Duggan as head of cargo as it looks to grow its air cargo business following the delivery of its first freighter in December.After starting his career in aviation sales, Duggan clocked up 20 years in air cargo business development, working in over 10 different ...
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Unions oppose Air Incheon's bid for Asiana's cargo business
Unions have put yet another obstacle in the path of Korean Air’s delayed acquisition of Asiana Airlines by objecting to both the nature of the takeover and the choice of Air Incheon as the preferred bidder for the sale of Asiana Airlines’ cargo business.There was some positive progress with Korean's ...