Airlines – Page 309
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News
John Lloyd to leave Virgin Atlantic Cargo in September
John Lloyd, Virgin Atlantic's senior vice president for cargo, is to leave the company in September.In a statement, Virgin Atlantic said: "We can confirm John Lloyd has decided to leave Virgin Atlantic Cargo for a fresh new challenge at the end of September."We will certainly be sad to see John ...
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New director of cargo at Cathay Pacific
Simon Large is to leave his role as director of cargo at Cathay Pacific to become director of customer on June 1.Taking over from Large is James Ginns, who is currently director of service delivery. Ginns has worked with Cathay and parent Swire for 26 years, holding a variety of ...
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CargoLogicAir takes delivery of third B747
CargoLogicAir (CLA) has added a third aircraft to its fleet after taking delivery of a Boeing 747-400 freighter.The London Stansted Airport-based airline, which received its UK Air Operator Certificate (AOC) from the Civil Aviation Authority (CAA) at the start of 2016, now operates two B747-400 cargo aircraft and a B747-8 ...
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ATSG sees Q1 revenues improve on Pemco deal and Amazon ramp-up
ATSG saw revenues, earnings from continuing operations before taxes and net earnings improve during the first quarter of the year thanks to its acquisition of Pemco and the roll-out of its Amazon business.The aircraft lessor reported revenues for the period up by 34.1% year on year to $237.9m, earnings from ...
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Ethiopian's latest A350 delivery arrives with humanitarian aid on board
Ethiopian Airlines, the German NGO Humedica, Aviation without Borders and the Airbus Foundation have joined forces to transport of nine tonnes of humanitarian aid from Europe to Africa.The goods, received in Addis Ababa, are destined to provide relief to drought prone areas in the East African region.The cargo arrived from ...
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Atlas places B747-8 ACMI freighter pair with Cathay Pacific Cargo
Atlas Air Worldwide Holdings has placed two Boeing 747-8 freighters into ACMI service for Hong Kong based Cathay Pacific CargoBoth freighters will be operated by Atlas Air and will fly on behalf of Cathay Pacific Cargo through aircraft, crew, maintenance and insurance agreements.The new B747-8F service is scheduled to begin ...
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NewsAir cargo demand growth reaches six year high
Air cargo traffic grew at its fastest rate since late 2010 in March as the industry continues to benefit from an uptick in world trade and export orders.The latest figures from airline body IATA show that in freight tonne km terms traffic increased by 14% year on year in March, ...
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NewsAmerican sees cargo revenues and traffic improve in Q1
American Airlines saw its cargo traffic and revenues increase during the first quarter of the year, but this was not enough to stop yields declining.The US airline, which recently won the Cargo Airline of the Year award, registered a 13.8% year-on-year improvement in first-quarter traffic to 619m cargo ton miles, ...
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Alitalia to enter into administration
Alitalia will make a formal request to enter into bankruptcy after employees last week rejected a rescue plan.The Italian flag carrier’s board of directors, which convened after a shareholder meeting, decided to proceed with administration in light of the “serious economic and financial situation of the company”, the shareholders’ unavailability ...
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West Atlantic looks outside Europe for fleet utilisation
Sweden's West Atlantic cargo airline is to look outside Europe as it seeks to increase utilisation of its eight-tonne capacity freighter fleet.As previously reported, the carrier saw underlying 2016 year-on-year revenues fall by 2.8% to SKr 1.3bn ($145.6m), adjusted for currency and fuel price factors.The group’s earnings before tax, interest, ...
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ACS reports strong financial performance despite cargo dip
Air Charter Service (ACS) saw cargo revenues dip last year, but there was a “strong” financial performance for the company overall.The charter firm registered an 8% improvement in revenues to £342m for the year ending January 31 and arranged 12,500 contracts.Gross profit from all aircraft charters totalled a company record ...
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Air cargo growth strengthens in March
Air cargo demand growth continued to impress in March with double-digit percentage growth on the back of modal shift and consumer product launches.The latest figures from analyst WorldACD show that demand in chargeable weight terms increased by 14.6% year on year – numbers not seen since the recovery years of ...
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VIDEO: Emirates freighter Rosie blossoms in Barcelona
An Emirates SkyCargo Boeing 777 freighter, nicknamed Rosie because of her rose decal, made a special appearance in Barcelona on the occasion of ‘The Day of the Rose’.The Catalan festival, originally St Jordi’s Day, is celebrated on April 23 every year with locals gifting roses and books to one another.Earlier ...
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NewsLufthansa's cargo segment leads the way as it gets back in the black
Lufthansa’s cargo and logistics business returned to the black at an operating profit level in the first quarter as it led the company to its best performance for the period since 2008.The airline group’s logistics division, which includes Cargo, time:matters and other cargo related shareholdings, saw revenues increase by 18.5% ...
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Qatar's fourth pharma freighter to Basel
Qatar Airways Cargo is launching a fourth Pharma Express freighter service from Basel in Switzerland, effective May 8.The additional freighter brings the total Pharma Express flights operated by the Middle East Gulf carrier to 10 each week, providing dedicated uplift for pharmaceuticals and healthcare products.Qatar Airways Cargo increased its Pharma ...
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NewsCargolux sees profits tumble despite traffic growth
Cargolux recorded improvements in cargo traffic and tonnes flown last year, but these increases failed to stop profits from declining by more than 80%.Figures released by the airline show that last year it registered a 9.2% improvement in traffic to 7.5bn tonne kms flown (FTK) compared with 2015, while total ...
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Asian carriers report double-digit percentage improvement in demand for March
Asian airlines reported double-digit percentage improvements in cargo demand in March as manufacturing in the region continued to expand.The latest figures from the Association of Asia Pacific Airlines (AAPA) showed that cargo demand increased by 12.7% in March in freight tonne km (FTK) terms.The association said the “healthy” increase was ...
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Alitalia's future in balance as shareholders called in
The future of Alitalia is hanging in the balance after workers voted against a rescue deal on Monday (April 24).In response to the vote, the Italian airline's board has called a meeting of shareholders - including Etihad, banks UniCredit and Intesa as well as infrastructure firm Atlantia - to discuss ...
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Pemco expands freighter conversion offering with B737-700s
Pemco has expanded the range of aircraft it can offer for conversion by adding a new conversion programme for the Boeing Next Generation 737-700 aircraft.The ATSG-owned conversion and maintenance house has launched its passenger-to-flexcombi and passenger-to-freighter conversion programmes for the aircraft, which will be marketed as B737-700FC and B737-700F.At present, ...
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Frankfurt's Speed Gate processes 100,000 tonnes
Lufthansa Cargo's need for speed has seen it load the 100,000th tonne of cargo via Fraport's Speed Gate at Frankfurt Airport in CargoCity South.Freight is unloaded at four automated gates at the press of a button, security checked within the gates and subsequently brought directly to the aircraft.Lufthansa Cargo's board ...