Airlines – Page 226
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NewsLATAM Cargo targets pharma and automotive with new Copenhagen freighter
LATAM Cargo and Copenhagen Airport's teamLATAM Cargo has become the first cargo airline to offer a direct service between Scandinavia and Latin America by adding Copenhagen as a new destination to its network.The airline said the new weekly route cuts transit times by up to 48 hours by reducing the ...
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Air Canada completes Transat acquisition
Air Canada and Transat announced today that they have concluded a definitive Arrangement Agreement that provides for Air Canada's acquisition of all issued and outstanding shares of Transat and its combination with Air Canada.Under the terms of the binding agreement, unanimously approved by the Board of Directors of Transat, Air ...
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NewsMASKargo targets halal shipments
Japan-bound Halal frozen food being loaded in specially labelled ULDMASkargo is targeting the halal food market after receiving the halal certification from the Malaysian Department of Islamic Development (JAKIM).Ibrahim Mohamed Salleh MASkargo’s chief executive said: “The global halal market is right now worth close to $2trn per annum. I am ...
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FedEx reports Q4 results and warns of a tough year ahead
FedEx reported a fourth quarter fiscal year loss and has warned that earnings for 2020 will be affected by weakness in global trade.The company reported a fourth-quarter revenue increase of 2.9% to $17.8bn, but a net loss of $1.97bn compared with a profit of $1.13bn for the prior year.The company ...
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NewsCargolux adds Jakarta to global network
Cargolux has launched a weekly Boeing 747 freighter service to Jakarta (CGK), the 16th destination on the Luxembourg-based freighter operator’s Asia-Pacific network. The flight leaves the Luxembourg on Sunday and arrives in Jakarta on Monday. The rotation then continues through Hong Kong and Ashgabat before returning to Luxembourg on ...
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Fred Smith of FedEx slams 'protectionist' US trade policy
FedEx founder Fred Smith has renewed his criticism of President Trump and his administration’s simmering trade dispute with China, saying that the US had become “protectionist,” defined as: “I will make everything I need in my own borders”.Smith, chairman and chief executive of the US parcels and logistics giant, told ...
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Cathay Pacific Cargo says flexibility is key in tough market
Cathay Pacific believes that an agile approach to making network changes will help the carrier combat current weak market conditions.Writing in the airline's Cargo Clan publication, head of cargo markets and products John Cheng said that it is well known that cargo is a cyclical business and that "all signs ...
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IATA responds to Dutch plans for green tax on air cargo and passengers
IATA has published research claiming that people would rather see investment in green aviation technology than "environmental taxes" following the Dutch government announcing plans for a new tax on air cargo and air travel.The Dutch government has submitted proposals to introduce a charge of €3.85 per tonne of cargo for ...
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Trade tariffs hit Asia Pacific airfreight in May
Trade tariffs impacted Asian Pacific air cargo demand, which fell again in May “as export activity continued to slow in the face of challenging business conditions”.Preliminary traffic figures released by the Association of Asia Pacific Airlines (AAPA) saw the region's airlines register a 6.5% fall in air cargo demand as ...
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Bellyache for Munich as freighter volumes soar
An 11.3% increase in 2018 freighter volumes at Munich airport in 2018 failed overcome a fall in bellyhold cargo.The southern Germany gateway saw total throughput decline 3.4% year on year to 375,000 tonnes for airfreight, mail and transit cargo.The arrival of Russian all-cargo airline AirBridgeCargo boosted total freighter volumes to ...
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Amazon to begin Anchorage cargo flights later this month
Amazon Air will begin flights to Ted Stevens Anchorage International Airport (ANC) on June 27.The airport announced last week that the carrier would begin services to the Alaskan hub utilising Boeing 767 freighter capacity.The airport said that it would result in Amazon Prime packages being delivered to Alaskans “a little ...
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CargoLogic Germany gains NCC approval as it taxis for takeoff
New Leipzig-based airline CargoLogic Germany has announced that it recently gained non-commercial (NCC) operations approval from the European Union Aviation Safety Agency.The airline said the NCC approval means it can begin “route proving flights” this week.Meanwhile, managing director Ulrich Ogiermann has told Air Cargo News sister title DVZ that he ...
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NewsVolga-Dnepr Group firms up entry into B777F market
Volga_Dnepr-DAE Signing CeremonyThe Volga-Dnepr Group has firmed up its entry in the B777F sector with a lease deal for three of the aircraft from DAE Capital, following on from the confirmation of an order for nine of the aircraft with Boeing.DAE said that it had entered in a sale and ...
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Korean Air signs five-year ULD deal with Unilode
Korean Air has awarded the management of its entire fleet of more than 16,000 containers and pallets to Unilode Aviation Solutions for a five-year term.As part of the deal, Unilode will setup a regional ULD management office at Korean Air's hub in Incheon and takeover Korean Air's existing ULD maintenance ...
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NewsFTA wants air cargo at centre of the UK's aviation strategy
The UK's Freight Transport Association (FTA) has called on the country's government to place air cargo at the centre of its aviation strategy.The UK government recently launched a consultation on its future aviation strategy and the FTA would like a dedicated freight chapter in white paper with a "clear and ...
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NewsYTO expands international services with Bangkok flight
YTO B737-300FChinese express carrier YTO Airlines has continued the expansion of its international freighter operations with a new flight to Bangkok.The airline this week started a three-times-per-week Boeing 737-300F service between Xi'an and Bangkok.The maiden flight was loaded with 14 tonnes of fruit, including mangosteens. The service will target other ...
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NewsLiege Airport and Volga-Dnepr Group to establish maintenance facility at Belgium hub
ABC B747-400F at Liege AirportThe Volga-Dnepr Group (VDG) and Liege Airport have extended their strategic co-operation with a deal to create a maintenance facility at the cargo hub.The agreement serves as an extension of an MoU signed last summer between the airport, VDG and CargoLogicAir, which aimed to create a ...
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Cargo volumes down at Cathay Pacific in May
The Cathay Pacific Group saw its cargo volumes decline again in May, with demand shrinking by 3.9% year on year to 168,270 tonnes.The cargo and mail load factor fell by 4.7 percentage points to 63.9%. Capacity, measured in available freight tonne kilometres (AFTKs), was up by 4.6% while cargo and ...
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Lessor BBAM and unanammed airline order A321 converted freighter
Aircraft lessor BBAM and an unnammed airline have signed letters of intent (LoI) for A321 converted freighters at the Paris Airshow.The LoIs were signed with the ST Engineering-Elbe Flugzeugwerke (EFW)-Airbus joint venture. The BBAM aircraft will be inducted for conversion into a 14-pallet cargo configuration in mid-2020, with re-delivery scheduled ...
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NewsMASkargo wants a slice of China's durian fruit craze
MASKargo team want a slice of the durian fruit crazeMASkargo is hoping to capitalise on China's durian fruit craze by flying the produce frozen on its Shanghai freighter flight.Until recently the fruit could not be exported from Malaysia unless it was shipped in pulp or paste form, but this changed ...