Airlines – Page 337
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News
Cargolux appoints new VP of flight operations after departure of Holt
Cargolux has appointed a new interim executive vice president of flight operations following the announcement that current incumbent Jason Holt has decided to move on to a new opportunity.The Luxembourg airline said that Claude Zehren would take over all duties from Holt with immediate effect."Zehren has been with Cargolux for ...
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Lufthansa Cargo adds ‘myAirCargo’ service
Lufthansa Cargo, the freight operation of German’s flag-carrier, has launched its new offering for individual customers sending large goods by air.The myAirCargo service can be booked online, is door-to-door and includes all customs formalities being taken care of by the carrier.It is expected to be particularly useful for sporting equipment ...
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Delta lifts ground stop but warns of continuing delays
UPDATE: Delta Air Lines has said it is beginning to re-start flights after it was forced to make large-scale cancellations this morning as a result of a power outage in Atlanta.The US airline first issued a warning at 5am (eastern seaboard) this morning warning that flights would be delayed.In its ...
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Delta cancels flights as poweroutage hits computer systems
Delta Air Lines has warned its flights are subject to large-scale cancellations today as a result of a power outage in Atlanta.The US airline first issued a warning at 5am (eastern seaboard) this morning warning that flights would be delayed.However, the issue has since escalated. Its latest update said: “A ...
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Astral and Ethiopian outline African expansion plans
African cargo carriers Ethiopian Cargo and Astral Aviation have outlined their ambitious expansion plans as they look to capitalise on the growing marketplace.Speaking at the Africa Air Cargo Summit in Addis Ababa, Astral Aviation chief executive Sanjeev Gadhia said the company hoped to add new Boeing 747 freighters and B737-400F ...
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Cargo revenues down at ANA as currency and oversupply hit results
ANA's cargo business recorded a double-digit decline in airfreight revenues during its first fiscal quarter despite an increase in traffic.During its fiscal first quarter ended June 30, the Japanese carrier saw airfreight demand increase 16.2% year on year to 1.1bn freight tonne km, while revenues declined by 23.6% on a ...
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Asian cargo monthly: Airlines see return to growth in June
Asian airlines reported improving airfreight demand in June with Cathay Pacific citing a half-year rush and a surge in exports from the Americas.The largest cargo carrier in the region, Cathay Pacific, saw cargo demand increase by 4.8% year-on-year in June to 876m cargo and mail tonne km (CMT).This is the ...
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Emirates update on flight delays and cancellations
Operations at Dubai International Airport resumed on Wednesday at 1830 local time following the crash landing of a Boeing 777 passenger aircraft belonging to the airline at the Middle East hub.More information on Emirates flights will be available on the Emirates website and social media channels.All 282 passengers and 18 ...
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Airfreight demand on the increase but still outpaced by capacity rise
Global airfreight demand in June saw a 4.3% year-on-year rise in freight tonne km (FTK), the fastest pace of growth in 14 months.However, freight capacity measured in available freight tonne km (AFTKs) increased by 4.9% year-on-year, keeping yields under downward pressure.According to the latest monthly market analysis by airline association ...
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Update: Dubai International flights suspended following crash landing
Dubai Airports has confirmed that all operations (arrivals and departures) at Dubai International have been suspended until further notice following crash landing of Emirates airline flight EK521 this morning.In a statement, Emirates said that all 282 passengers and 18 crew on board the Boeing 777 aircraft are “accounted for and ...
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Airfreight rates pick up in June thanks to increases in fuel prices
Airfreight rates reached their highest level in seven months in June following on from improved demand performance for the month and higher fuel prices.The latest airfreight figures from Drewry’s Shipper Insight Report show that prices climbed to $2.75 per kg in June from $2.61 in May to reach their highest ...
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Lufthansa's cargo business remains in the red
Lufthansa’s cargo division recorded its fifth quarterly operating loss in a row as competition on global airfreight markets remained “intense”.The German airline group’s logistics business, which includes Lufthansa Cargo, ULD specialist Jettainer and its other investments, recorded a 16.4% year-on-year decline in second-quarter revenues to €496m.Earnings before interest and tax ...
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Half year cargo gains for American and United but declines at Delta
American Airlines and United Airlines both managed to record slight increases in cargo demand during the first half of the year despite declines for the overall North American market.United Airlines – the largest cargo carrier of the three major US airlines – saw cargo demand increase by 0.5% over the ...
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Olympian horses take freighter to Rio
The first group of Olympic horses has departed from London Stansted airport on a Emirates SkyCargo Boeing 777F bound for Rio 2016.With 34 horses from 10 nations on board, the equine cargo worth multiple millions, was loaded into customised pallets for the almost 12-hour flight aboard.Eventing horses from Great Britain, ...
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Air cargo demand on the up in June
Air cargo volume growth improved in June as demand at European airlines remained strong and there was a pick-up for Asia Pacific carriers.Analyst WorldACD said that, after a poor start to the year, worldwide chargeable weight improved by 2.7% year on year in June.WorldACD said that the uptick was caused ...
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May was not such a merry month for air cargo
May was another month of “disappointment” for air cargo as demand growth was “limited to 0.5%”, according to WorldACD.The analyst said it was hardly surprised by the low growth figure given that “world trade is in a slump”. During the month, volumes originating from North America declined by 4% year ...
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Qatar Airways ups stake in IAG to 20%
Middle East gulf carrier Qatar Airways has increased its shareholding in IAG, the parent group of British Airways and Iberia, to 20.1%, saying that it does not intend to increase its stake further "unless there are material changes to the current situation".This latest move follows a gradual stakebuilding by Qatar ...
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Lufthansa Cargo looks to become sole owner of time:matters
Lufthansa Cargo has applied to purchase all the shares of time critical logistics firm time:matters with a decision from the German competition authority on whether to approve the deal expected next month.The German cargo carrier currently owns a 49% shareholding in the logistics firm with the remaining 51% owned by ...
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IAG reports double-digit cargo revenue decline despite demand increase
IAG recorded a double-digit percentage decline in cargo revenues during the second quarter of the year despite an increase in demand during the period.The British Airways, Iberia and Aer Lingus owner this morning announced second-quarter cargo revenues of €241m compared with €274m during the same period last year, representing a ...
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JAL's international cargo revenues plunge 32.6% in the first quarter
Japan Airlines (JAL) recorded a 32.6% year on year drop in international cargo revenues to ¥9.9bn in the three months ended June, due to a decline in demand on transpacific routes and other sectors.The Japanese flag-carrier also recorded a 4.1% year-on-year decrease in cargo volumes, measured in revenue cargo ton ...