Airlines – Page 265
-
News
Atlas increases earnings expectations for 2018
Atlas Air Worldwide Holding's strong start to the year has led the company to increase its earnings outlook for 2018.In an investor statement, the aircraft lessor said it now expects second-quarter adjusted income from continuing operations, net of taxes, to increase by 40% to 45% compared with is first quarter ...
-
News
Giraffes fly with Turkish Cargo
Turkish Cargo has relocated three young giraffes from Johannesburg to Tehran via an Istanbul connecting flight.During the flight, the 16-month old giraffes were accompanied by their keepers, veterinarians and IATA Live Animals Regulation-certificated personnel from Turkish Cargo.In the past month Turkish Cargo, has relocated 10 lions, seven of which were ...
-
NewsAsia cargo monthly: Demand continues to grow in May but utilisation slips
Asian airlines continued to see cargo volumes grow at a steady pace in May, but capacity additions mean that freight load factors came under pressure.The region’s largest carrier group, Cathay Pacific, was the only airline in our monthly wrap-up that saw its cargo load factor increase during the month on ...
-
News
FedEx in $6.6bn order for B767 and B777 freighters
US parcels giant FedEx Express has placed a new order for 12 Boeing 767 freighters and 12 Boeing 777 freighters, with a combined list price value of $6.6bn.The B777Fs will be delivered between fiscal 2021 and 2025. The B767Fs will be delivered between fiscal 2020 and 2022."We are taking another ...
-
News
UPS in handshake deal with the Teamsters union
UPS has agreed a settlement in principle with negotiators for the Teamsters union, presenting ground staff and delivery drivers at the US parcels and logistics giant.The new contract provides hourly wage increases totaling $4.15 spread out over five years and raises the starting wage for part-time workers to $13 an ...
-
News
Nippon Cargo Airlines extends suspension of flights
Nippon Cargo Airlines (NCA) has extended the suspension of its flights for more than another week as the process of checking maintenance records takes longer than expected.In a customer update, the airline said that it could not re-start operations until it had concluded the record checking process, which was initially ...
-
News
Schiphol local rule for freighter operators rejected
The Dutch Minister for Infrastructure and Water Management has rejected the 'local rule' proposal for Amsterdam's slot-constrained Schiphol Airport.The proposed rule would have given freighter operators priority on the first 25% of any unused slots (for reasons such as flights cancelled due to bad weather) that are returned for re-allocation, ...
-
News
The American plane in Spain delivers precious artwork
American Airlines Cargo has transported priceless Spanish art from locations around the globe to San Antonio for the city’s tricentennial celebration.The works by El Greco, Velazquez, Goya, Picasso and other masters will be displayed at the San Antonio Museum of Art exhibition, “Spain: 500 Years of Spanish Painting from the ...
-
News
VIDEO: Mercy Ships calls for air cargo industry support
Airbridge International Agencies (AIA) has become the first air cargo company based in the UK to partner with Mercy Ships for the charity’s annual Cargo Day initiative.Mercy Ships Cargo Day has been running for two years, and is a fundraising campaign that asks the shipping industry to unite on one ...
-
News
IAG Cargo opens third round of Hangar 51 disruptor funding
Air cargo disruptors have a further chance to secure development funding from IAG Cargo, as the major European carrier seeks new ideas or products to optimise cargo operations.IAG Cargo, in collaboration with British Airways and Avios, is now accepting applications for its third Hangar 51 Travel Tech Accelerator Programme, inviting ...
-
News
LATAM Cargo adds Miami-Chile freighter and plans European bellyhold boost
LATAM Cargo has added a direct route from US hub Miami to the Chilean cites of Antofagasta and Santiago with a twice weekly 50-ton capacity Boeing 767 freighter.The new service, said LATAM Cargo, is an effort to boost connectivity in Chile's far north and “consistent with its expansion plan”.LATAM Cargo ...
-
News
Cherry-picking Turkish Cargo harvests supply chain time savings
Turkish Cargo will fly 600 tonnes of Salihli cherries (Bing Cherry) to Oslo in 10 dedicated Airbus A330 charter flights for last mile delivery to more than 1,600 stores throughout Norway.The cherries grow in Turkish cities such as Izmir, Manisa, Isparta, Adana, Konya and Kahramanmaras at elevations between 500 and ...
-
News
Russian cargo airlines file flight information to comply with US ruling
Russian cargo carriers have filed information on their flights to and from the US with the Department of Transportation (DoT), in compliance with a new ruling by Washington.In late May, the DoT told three Russian airlines to file detailed information about any services operating in the country, in apparent response ...
-
News
Europe's crowded skies face capacity crunch
Europe’s crowded skies face “serious capacity challenges” according to a new report by Eurocontrol, the organisation for the safety of air navigation in Europe.The Challenges of Growth study finds that without urgent action, the network will be unable to cope with the demand for flights predicted by 2040.Eamonn Brennan, director ...
-
News
Alaska Air Cargo expands capacity following Virgin America merger
Alaska Air Cargo has increased its cargo capacity by 40% in continental US by utilising the 71 Airbus aircraft that became part of the Alaska Airlines fleet as part of its merger with Virgin America.The move will provide Alaska Air Cargo customers with new shipping destinations and increased frequencies, the ...
-
News
Lufthansa "in contact" with low-cost carrier Norwegian
Lufthansa is "in contact" with European low-cost carrier Norwegian Air Shuttle, which is already the target of a bid interest by British Airways owner IAG, confirmed Carsten Spohr, chief executive of the German flag carrier, Reuters reports.Shares in Norwegian Air jumped more than 10% on Monday following the comments by ...
-
News
Etihad reports a loss for 2017 while cargo revenues remain flat
Etihad Airways reported its second annual loss in a row, although performance improved, while cargo revenues were flat and volumes decreased.The Abu Dhabi carrier saw total revenues increase by 3.4% last year to $6.1bn, while core airline loss reached $1.52bn, up from $1.95bn in 2016.Its cargo division saw revenues remain ...
-
News
Nippon Cargo Airlines grounds all flights
Nippon Cargo Airlines (NCA) has temporarily grounded all aircraft after an error was uncovered in maintenance records.The all-cargo aircraft operator said that an “inappropriate maintenance record” concerning the lubricating oil supply to the aircraft parts for one of its Boeing 747-8 freighters (JA 14KZ) had been found.Local reports say government ...
-
NewsEuropean cargo monthly: Cargo growth slows in May
European airlines saw cargo growth slow in May, although the market was particularly strong this time last year.Europe’s largest air cargo combination carrier group, Lufthansa, saw cargo traffic during the month increase by 0.4% year on year to 908m revenue cargo tonne kms, which lags behind its growth rate for ...
-
News
Peterson elected to ATSG's board of directors
Air Transport Services Group (ATSG) has elected Laura Peterson to its board of directors, effective June 14.Peterson brings 22 years of experience in the global aerospace industry at The Boeing Company, where she held a series of executive positions in aircraft sales, international business development, global strategy, government relations and ...