Airlines – Page 288
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News
Yield recovery maintains momentum, says IATA
Airfreight growth was pegged back to 9.2% in September, its slowest rate for five months, but is still outstripping the increase in capacity said IATA in its latest monthly forecast.However, growth in demand (in freight tonne kilometres, FTKs) was still significantly higher than the five-year average of 4.4%, it added.Freight ...
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No autumn blues for air cargo, says WorldACD
The air cargo industry has gone from dejection to elation in just a year, said analyst WorldACD in its latest report, covering September.WorldACD points out that September 2016 saw volume growth of more than 5% year-over-year (YoY), a level not seen for two years in “the beleaguered air cargo world".Its ...
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KLM to "share slots" with ABC reports TASS as Schiphol row grows
Netherlands passenger and cargo airline KLM is to share its slots at Amsterdam Schiphol Airport with Air Bridge Cargo (ABC), according to a Russian-language report by the TASS news agency, quoting the Russian Federation’s Ministry of Transport.Moscow-based TASS said that the aviation authorities of the two countries are negotiating on ...
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B&H keeps Flybe in the air
B&H Worldwide has extended its relationship with Europe’s largest regional airline, Flybe.The aerospace logistics specialist will provide a range of "time critical solutions" to the carrier through its control tower at its London Heathrow facility and using its OnTrack Cloud-based IT system to manage the process.It will also implement its ...
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Bloodhound scents a record, with help from CargoLogicAir
CargoLogicAir (CLA) has congratulated the Bloodhound SSC team following the first public run of its 1,000mph car, for which the carrier is the official cargo airline partner.Representatives of the British all-cargo carrier joined 3,500 spectators at Cornwall Airport Newquay to witness Bloodhound successfully complete its first test run. It completed ...
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Emirates goes daily to Algiers
Emirates is to add an extra flight to its Dubai-Algiers schedule making it a seven days a week service from December 13. The new service will operate every Wednesday with a Boeing 777-300.Emirates senior vice-president commercial operations for Africa, Orhan Abbas, said that the Algiers flight offered connections to and ...
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Oman switches over to SmartKargo
Oman Air Cargo has introduced a new 100% Cloud-based cargo ERP (enterprise resource planning) solution from SmartKargo: an advanced cargo management platform suitable for airlines, ground handlers, sales agents and regulators.Oman Air stated that it chose SmartKargo to “maximise the potential of its cargo business – leveraging the solution’s advanced, ...
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David Kerr named as chief executive of CargoLogicAir
Etihad Airways cargo boss David Kerr has been named as the new chief executive of CargoLogicAir (CLA), the UK-registered freighter airline, with effect from 1 January 2018.Sir John Holmes, advisory board chairman of CLA, said: “David is a highly respected, experienced and well-known air cargo industry executive who will bring ...
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Tim Strauss says aloha Air Canada Cargo
When Tim Strauss met the Air Canada Cargo team in Montreal for the first time, he was greeted by a sea of people wearing Aloha shirts, lei garlands, shorts and grass skirts. All that was missing was the theme tune from Hawaii Five-0.Says Strauss: “If you want to talk about ...
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Norwegian looks back – and forward
Norwegian's third-quarter 2017 results saw revenue reached NKr10bn, up from NKr8.3bn in the same quarter of last year.Within that total, the ‘other revenue’ figure of NKr313m derived from freight carriage, commissions, third-party products and external aircraft leases.Norwegian made a net result of NKr1bn, an improvement of 4% compared to the ...
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Air Canada revels in ‘best-ever’ earnings figure, and cargo is up too
Air Canada made C$1.4bn in EBITDAR (earnings before interest, taxes, depreciation, amortisation, impairment and aircraft rent) in the third quarter of 2017, a record figure.It was a $140m increase on last year’s third-quarter EBITDAR of C$1.25bn.Cargo-related revenue rose by a 38% year on year, with an increase of C$179m. In ...
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Western Global adds to Puerto Rico relief effort
Florida-based Western Global Airlines is continuing to operate relief flights to Puerto Rico, carrying emergency supplies aboard its widebody MD-11 freighters to the Caribbean island that has been hard-hit by Hurricane Maria.Each flight delivers approximately 90 tonnes of relief supplies, such as food, water and equipment. Two of its relief ...
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Lufthansa opts for va-Q-tec passive temp-control containers
Lufthansa Cargo has partnered with va-Q-tec to offer the temperature-controlled specialist's va-Q-tainer thermal containers at stations across the German flag-carrier’s global network.The va-Q-tainer is a temperature-controlled container solution for six temperature ranges from -70°C to +25°C. Negating the need for external energy sources, it is available in five sizes, and ...
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IAG Cargo enjoys ‘strong growth’ in third quarter
IAG Cargo’s 2017 third quarter results saw airfreight's commercial revenue reach €259m, a 10.2% increase over the same July-September period in 2016 when measured at constant exchange rates.The carrier - which includes British Airways, Iberia, Aer Lingus and Vueling - saw its cargo yield for the quarter up by 2.4% ...
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Airline cargo bosses remain in positive mood
Airline cargo bosses are in an upbeat mood, with a new IATA survey suggesting a continued strong financial performance in the second half of 2017.IATA’s latest business confidence survey, conducted in early-October, asked for the opinions of airline chief financial officers and heads of cargo.Exactly 80% of respondents reported that ...
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American Airlines on the up
American Airlines achieved revenues of $10.9bn during the July to September period, up by 2.7% on the same three months of 2016.The giant US carrier also reported a third-quarter pre-tax profit of $1bn despite a challenging operating environment in the second half of 2017, not least because of the hurricanes ...
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Cargolux turns to temp-control container lessor SkyCell
Luxembourg-based B747 freighter operator Cargolux has agreed a deal with SkyCell that will see the latter’s temperature-controlled containers become available to the airline’s shipper customers.SkyCell containers will enable Cargolux to transport pharma products in the +2°C to +8°C and +15°C to +25°C ranges, despite ambient temperature extremes of between -35°C ...
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LATAM flies relief cargo to Puerto Rico
LATAM Cargo, South America’s biggest cargo airline, has flown more than 40 tons of water, food, generators, medicine and other aid from Miami to Puerto Rico as part of the humanitarian aid effort launched in the wake of Hurricane Maria and the devastation it caused to the island in September.The ...
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Silk Way grows its fleet with B747-8Fs
SILK WAY Airlines has ordered two B747-8Fs, expanding its current fleet of aircraft to seven.The national flag carrier for Azerbaijan, based at Heydar Aliyev International Airport in Baku, hopes the move will help strengthen its competitive position in the airfreight market.“One of the goals of the Azerbaijani government is to ...
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Atlas warns of constrained freighter supply
Atlas Air Worldwide (AAWW) is expecting to see constraints on the supply of freighters over the coming years due to limited supply of aircraft and demand increases.Speaking at the Freighters World conference, AAWW president and chief executive William Flynn said the “supply of airframes is somewhat constrained”, although he added ...