Airlines – Page 263
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News
Amerijet switching to indexed fuel surcharge
Miami-based Amerijet International Airlines is changing its fuel surcharge calculation method to an indexed model, “in order to more accurately follow the fuel markets”.The all-cargo carrier’s vice president of sales and marketing, Derry Huff, said: “This will provide both Amerijet and our customers a fair and transparent methodology which will ...
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Korean Air Launches freighter services to Delhi
Korean Air will launch a three times a week Boeing 777 freighter service between Incheon and Delhi from July 17.The Asian carrier currently operates direct passenger flights from Incheon to Mumbai and Delhi, three and five times a week respectively.In a statement, Korean Air said: “The decision to introduce the ...
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FIS publishes first airfreight futures forward curve
Freight Investor Services (FIS), which specialises in shipping derivatives, has published the first airfreight forward price curve, "beginning a new era of risk management in this $70bn freight market".FIS has spent 12 months working with index provider TAC Index to develop a "robust methodology" for the airfreight market which accounts ...
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IAG Cargo: lettuce help as green veg shortage is the tip of the iceberg
IAG Cargo is reporting a spike in lettuce volumes as a heatwave results in a shortage of green vegetables.The freight arm of British Airways, Iberia and Aer Lingus said that it had completed a single shipment of over 30,000 heads of iceberg lettuce from Los Angeles to meet a gap ...
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Ogiermann joins Volga-Dnepr Group
Former Qatar Airways cargo chief Ulrich Ogiermann has joined Volga-Dnepr Group as senior vice president for operations and as deputy general director for CargoLogicManagement (CLM), stepping up to a full-time role after being employed as a consultant at CLM.Ogiermann will be responsible for the implementation of Volga-Dnepr’s international cargo airlines ...
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Reports link Ethiopian and DHL in joint venture
Unconfirmed reports suggest that Ethiopian Cargo, Africa’s largest cargo operator, is to sign a joint venture with parcels and logistics giant DHL.An Ethiopian newspaper, citing Ethiopian Airlines Group chief executive Tewolde Gebremariam, said that the partners would set up a new company, with Ethiopian owning 51% and Germany-headquartered DHL 49%.Sources ...
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World's largest jet engine hitches a lift home to Ohio
GE Aviation partnered with Volga-Dnepr Airlines to return the world’s largest jet engine to Ohio, following the GE9X’s successful on-wing testing in Victorville, California.Volga-Dnepr provided logistics support for the GE9X engine’s return to Ohio for additional testing at GE Aviation’s Test Operations facility in Peebles. This was Volga-Dnepr’s second flight ...
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Saudia Cargo boss Hariri joins IATA cargo committee
Saudia Cargo chief executive Omar bin Talal Hariri has become a member of the IATA Cargo Committee.The committee of 19 members represents different global airlines and is one of six IATA main industry committees along with: Finance, Environment, Industry Affairs, Legal and Operations.The Cargo Committee advises on issues including cargo ...
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Lufthansa Cargo confirms new B777Fs to initially expand capacity
Lufthansa Group’s decision-making bodies have approved Lufthansa Cargo’s operation of two new Boeing 777Fs ordered in May, which will initially be used to increase capacity.Although it had largely been assumed when the aircraft were ordered that the aircraft would be operated by Lufthansa Cargo - the press release even included ...
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Airbus expects freighter fleet to increase by 65% over the next 20 years
Airbus expects the world’s freighter fleet to grow by more than 50% over the next 20 years, fuelled by demand in North America and Asia Pacific (see charts below).The aircraft manufacturer today released its biennial market forecast, with its figures showing that the number of freighter aircraft will grow from ...
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Virgin Atlantic Cargo awards Australian handling contract to Menzies
Virgin Atlantic Cargo has awarded a three-year cargo handling contract to Menzies Aviation in Australia.The new agreement saw Menzies take over Virgin Atlantic’s cargo handling in Melbourne on June 8, with Brisbane to follow on July 9, and Sydney on August 7.The move will support Virgin Atlantic’s longstanding international long-haul ...
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ACT extends lease of B747F
ACT Airlines has extended the lease of a Boeing B747-400F aircraft from the Libra Group's Lease Corporation International (LCI) on a long-term basis.ACT Airlines is a Turkey-based wet-lease operator, which was founded in 2004, and operates a fleet of five B747-400F/ERF aircraft for its own operations, under the myCargo brand, ...
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Nippon Cargo Airlines flights set to restart
Nippon Cargo Airlines (NCA) will begin to restart services on July 5 after it grounded all its freighters while checks were carried on aircraft records.The airline said that the investigation into JA18KZ - a Boeing B747-8F - would be completed on July 4 and flights using the aircraft would resume ...
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HNA Group co-founder Wang dies after an accident in France
Wang Jian, co-founder and chairman of Chinese conglomerate HNA Group, has died in an accident while on a business trip in Provence, France.Bloomberg, quoting a police source in France, said that Wang, aged 57, died on Tuesday morning after falling from a 15-meter high cliff while having his photograph taken ...
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NAM and Astral add a B747 to their managed freighter fleet
Network Airline Management (NAM) and Kenya-based freighter operator Astral Aviation have expanded their managed fleet by adding a B747-400BCF.The freighter is wet leased from Air Atlanta Icelandic and joins the B747-400F nose loader also supplied by the Icelandic carrier to the partners from November 2017. This further complements the two ...
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Etihad announces new organisational structure as it strives for profitability
Etihad Aviation Group has announced a new organisational structure for Etihad Airways as it looks to return the airline to profitability.Under the new structure, the group will be reorganised into seven business divisions – operations, commercial, maintenance, repair & overhaul (MRO), human resources, finance, support services and transformation.The group will ...
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Ex-Jade B747 freighter preparing for duty with CAL
A Boeing 747-400ERF once operated by German-Chinese carrier Jade Cargo is on course to be operated by Liege airport-based CAL Cargo Airlines, which is headquartered in Israel and owned by entrepreneur Offer Gilboa.Meanwhile, ACE Belgium Freighters (ACE) is taxiing for take-off with its first service, scheduled to begin in October ...
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Gulf parr for success with live salmon shipments to Dubai
The first successful shipments of live salmon parr fingerlings (Salmo salar) have flown from Scotland to Dubai.FloatPac, owners of FishPac live seafood transportation systems, said that process involved a total of 38,500 fish transported in 42 bin (pictured below) movements over a five month period on Emirates passenger aircraft under ...
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Cebu signs up for ATR conversions from IPR
IPR Conversions and Cebu Pacific signed an agreement to convert two of its ATR 72-500 passenger aircraft into freighters.The ATR's, which will be equipped with Large Cargo Door (LCD) and Structural Tube together with an Ancra Cargo Loading System (CLS), will be converted at Sabena Technics facility in France.IPR said ...
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SF Airlines takes delivery of latest Boeing 757 freighter
Chinese express operator SF Airlines has taken delivery of its 45th freighter, with the B757-200F put quickly into service after arriving at Shenzhen Bao'an International Airport.It is the fourth new aircraft of that type to enter the fleet in 2018, seeing the number of SF Airlines' B757-200F freighters grow to ...