Airlines – Page 329
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News
IAG Cargo to strengthen network across North America
IAG Cargo will launch two new routes from London-Gatwick to North America in the first quarter of 2017, adding Boeing 777-200 bellyhold capacity to Fort Lauderdale and Oakland.The addition of these routes will bring the total number of IAG Cargo-operated US gateways to 25 from the summer of 2017.The Fort ...
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Lufthansa's cargo business is in the red again
Lufthansa’s cargo and logistics division has slipped to its sixth quarterly operating loss in a row as market overcapacity and weak demand continued to blight financial performance.The German airline group’s logistics division, which includes Lufthansa Cargo, time:matters and other cargo related businesses, recorded a third quarter earnings before interest and ...
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Etihad meets Italy’s movers and shakers
Etihad Global Cargo Management Company (GCMC) joined forces with Abu Dhabi Chamber of Commerce to host a networking event for business leaders in Parma, Italy.The companies from the Italian city, who collectively represented 3.7% of the entire Italian GDP, were joined 75 representatives from Emirati businesses.The event followed the recent ...
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Fast footwork speeds pumps to China
Taiwan-based freight-forwarder Dimerco Express moved quickly to fly 30 tons of petrochemical pumps from Los Angeles to Tianjin in China, just two weeks after being invited to bid.Dimerco split the shipment into two routes into China and arranged to have them cleared at Tianjin Customs within 24 hours. Customers and ...
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Hainan to launch Brussels-Shanghai service
China’s Hainan Airlines said it would launch direct flights between Brussels and Shanghai Pudong during 2017.It made the announcement during an official visit led by Belgian Prime Minister Charles Michel in which the carrier and airport signed a letter of intent.Hainan Airlines previously operated on the route from May 2010 ...
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Jettainer to take over ULD management for Brussels Airlines
Brussels Airlines has appointed Jettainer as the new service provider to manage its unit load devices (ULDs) and pallets from the Spring of 2017.Belgium's largest airline currently outsources its ULD management to another provider and is now switching to Jettainer, which has set up a ULD controller at Brussels Airport, ...
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IAG Cargo Q3 volumes up but revenues and yields down
IAG Cargo saw third quarter 2016 commercial revenues fall by 7% to €240m compared with the like period 2015.Adjusting the prior year's figures to reflect a directly comparable operation, commercial revenue decreased 6.5% versus last year at constant exchange.The airfreight arm of British Airways, Iberia, Vueling and Aer Lingus saw ...
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Asia air cargo – so far so good
There was a continued uptick in air cargo during September, although the future is clouded, says the Association of Asia Pacific Airlines (AAPA). Provisional figures show a further improvement with 5.3% growth in freight tonne kilometres (FTKs), despite prevailing weak trade conditions.The average international freight load factor increased marginally, by ...
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Air cargo industry digs deep to help conflict zone kids
Coyne Airways and Air Charter Service (ACS) are backing the War Child charity which supports youngsters affected by conflict.Family-run Coyne and ACS will donate an agreed amount per transaction on behalf of their customers, starting from next month and customers can match the donation on a quarterly basis.“The air cargo ...
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Profits may have peaked, say airline bosses
Profitability in the industry may have peaked, according to IATA’s quarterly business confidence survey of airline chief financial officers and heads of cargo.When surveyed in early October, they reported that profitability was unchanged in the third quarter of 2016 compared to the same period a year ago and also that ...
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Perishables are the commodity to watch for air cargo over the coming years
Perishables are the commodity to watch for air cargo over the coming few years while demand from the high tech industry has tailed off.Speaking at a panel discussion during Tiaca’s Air Cargo Forum in Paris, Seabury Group senior vice president Marco Bloemen explained that in 2016 the volume of laptops ...
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Night drone system still bedding in, says FAA
The US Federal Aviation Administration (FAA) says it is still having to reject many applications from would be drone-operators, particular those intending to fly at night.FAA has approved 81 authorisations and issued 36 waivers for drone flights in Class D and E airspace since it began issuing them in late ...
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Turkish Airlines wins pharma CEIV accreditation
Turkish Cargo, the airfreight arm of Turkish Airlines, has been awarded IATA’s ‘Center of Excellence for Independent Validators’ (CEIV) certification for pharmaceutical logistics at its Istanbul hub.The carrier has also trained a dedicated team to preserve the integrity of the cold chain and products and will introduce a thermal dolly ...
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Van de Weg promoted to group VP role at Volga-Dnepr
Robert van de Weg has been promoted to the post of senior vice president of sales & marketing at Volga-Dnepr Group.In his new role, van de Weg assumes commercial responsibility for both the Group’s scheduled cargo operations and charter businesses, namely AirBridgeCargo Airlines (ABC), Volga-Dnepr Airlines and Atran Airlines.The three ...
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IAG on third runway: Heathrow customer charges must be capped
British Airways and Iberia parent International Airlines Group (IAG) has warned that the cost of the third runway project at Heathrow will" make or break it".While welcoming the decision to expand Heathrow, IAG added that it was pleased that the UK government "has recognised the cost to customers must not ...
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IAG Cargo hopes to pick up oil & gas and machinery traffic on New Orleans service
IAG Cargo is hoping its recently launched time-critical product will prove popular with shippers utilising new bellyhold capacity between New Orleans and London.Earlier today, IAG announced it would launch the first ever direct service from London to Louisiana from March 26 utilising a Boeing 787-8 aircraft with bellyhold capacity of ...
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European cargo monthly: Cargo boost for European carriers in September
European airlines are the latest to report a bumper month for airfreight demand in September, with Lufthansa, IAG and Finnair recording some of their biggest improvements of the year so far.The largest European cargo carrier Lufthansa saw cargo demand increase by 8.2% year on year in September to 883m revenue ...
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Third quarter cargo revenues down at American
American Airlines recorded a decline in third quarter cargo revenues, while volumes were up on the same period a year earlier.The US airline saw third quarter cargo revenues decline by 5% year on year to $171m, while cargo traffic increased by 5.6% to 601 cargo ton miles.The decline in revenues ...
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Volga-Dnepr-Boeing partnership takes-off with oversized component delivery
Volga-Dnepr has transported an oversized aircraft component using one of its An-124-100 aircraft as part of its logistics support agreement with Boeing.The oversized component, measuring 552x96x156 inches, was transported inside a modified ocean container to ensure its secured and timely delivery from the production plant in Japan to Paine Field ...
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United Airlines sees cargo revenues decline despite demand improvements
United Airlines saw its third-quarter cargo revenues decline compared with last year despite a double-digit increase in demand.The US airline recorded cargo revenues for the period of $224m, a 4.7% decline compared with a year earlier.Meanwhile, demand increased by 11.6% year-on-year to 714m cargo ton miles (CTM).It is the second ...