Airlines – Page 338
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NewsAir France KLM Cargo remains in the red
Air France KLM’s cargo business remained in the red during the first half of the year but the phasing out of freighters has helped improve performance compared with a year earlier.The Franco-Dutch airline group’s first-half figures for the cargo business show an operating loss of €116m against a loss of ...
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Start-up airline POP hopes to capitalise on new UK-India trade deals
New start-up low cost Indian airline POP is aiming to capitalise on new trade agreements between the UK and India sparked by Britain’s decision to leave the European Union.The new airline, which will donate 51% of profits to social projects, plans to be the first airline to operate non-stop flights ...
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SIA Cargo losses deepen as yields decline
Singapore Airlines (SIA) Cargo has seen revenues fall and operating losses deepen on the back of a double-digit yield decline.During its fiscal first quarter ending June 30, SIA Cargo saw revenues decline by S$60m, although it does not reveal total cargo revenues, while its operating result slipped to a loss ...
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Asian airlines record modest cargo growth in June
Asia Pacific airlines recorded “modest growth” in cargo demand in June for the first time since the start of the year, but concerns for future growth remain.Figures from the Association of Asia Pacific Airlines (AAPA) show that Asian airlines saw cargo volumes increase by 4.1% in June in terms of ...
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New owner for Amerijet
Amerijet, the Miami based scheduled freighter operator, has a new owner.H.I.G. Capital, a global private equity investment firm, confirmed that it has sold its portfolio company, Amerijet Holdings, to an affiliate of ZS Fund, a middle market focused private equity firm.Amerijet operates a total fleet of ten freighters, a mix ...
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Regulators and Customs, focused on secure airfreight without disruptions
Aviation regulators and Customs authorities are focused on implementing best practices to maintain a secure air cargo global supply chain without creating disruptions and delays.The International Civil Aviation Organization (ICAO) and the World Customs Organization (WCO) have now shifted from the creation of an effective regulatory framework toward “the fostering ...
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Singapore Airlines Cargo most on-time Cargo iQ airline in June
Singapore Airlines Cargo was the most reliable Cargo iQ member airline in June with an on-time availability rate of 96%.The latest monthly statistics from Cargo iQ revealed that in June its members achieved an average on-time airport-to-airport rate of 80%, based on notification of freight and data availability at destination.This ...
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Shippers gather in Sri Lanka
Shippers’ representatives from Asia, Africa and Europe will meet in Sri Lanka this week to discuss key issues affecting air cargo, including air transport emissions.The Global Shippers’ Forum (GSF) holds its annual meeting on 28 and 29 July in Colombo, where a packed agenda will also cover pressing topics in ...
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Fraport to host air cargo innovation lab
Frankfurt Airport operator Fraport has announced it will play host to a new event in September that will explore future innovation in air cargo.The Air Cargo Innovation Lab, which is being run in co-operation with DVV Media and Air Cargo News, will explore what air cargo logistics operations will look ...
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Ultimate Air operates South Sudan evacuation flights
Ultimate Air has performed a series of urgent air evacuation flights from South Sudan against the recent flare-up in troubles in and around the capital Juba. With all commercial flights in/out of the country being suspended amidst the unrest, Ultimate Air operated over 20 evacuation flights from the country carrying ...
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Ethiopian Cargo appoints GSSAs in Italy and France
Ethiopian Cargo has appointed Air consult and ATC Aviation Services as its new general sales and service agents (GSSA) in Italy and France effective from June 24 and July 16 respectively.ATC Aviation Services, a Germany-based GSSA, has 32 offices worldwide. The company has already been serving as a GSSA for ...
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Singapore Airlines to fly direct to Manchester
Singapore Airlines (SIA) is to offer a non-stop passenger aircraft connection between Singapore and the UK’s Manchester Airport from late October 2016.The non-stop Singapore–Manchester service will be operated five times a week from October 30. The aircraft will then continue on to Houston, which is currently served by SIA via ...
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Alitalia flies back into Beijing
The inaugural of Alitalia new direct service to Beijing took off from Rome Fiumicino Airport on 28 July.The Italian flag-carrier suspended its Beijing connection three years ago, but the four times a week A330 service is being regarded by the airline as a significant step forward.Alitalia’s chief executive, Cramer Ball, ...
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Emirates moves to A380 on a second of its three Milan services
On 1 October, Emirates will switch from a Boeing 777-300ER (Extended Range) aircraft to A380 equipment on the second of its three daily links to Milan.Currently, the Dubai-based carrier operates two daily B777 services and one daily A380 link to northern Italy’s industrial capital. From the start of October, it ...
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Lufthansa downgrades profit expectations
German flag-carrier Lufthansa has reported provisional figures that suggest the airline made revenue of €15bn (S16.6bn) in the first half of this year, down from the January – June 2015 figure of €15.4bn ($17bn).Its adjusted EBIT (earnings before interest and taxation) of €529m ($584m) earned in the first half of ...
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DOT gives provisional nod to four US carriers on Haneda daytime connections
The US transportation secretary, Anthony Foxx, has given its initial green light to four US airlines to provide new daytime services to Tokyo’s Haneda International Airport.The carriers – American Airlines, Delta Air Lines, Hawaiian Airlines and United Airlines – are seeking to make their various Haneda connections from Los Angeles, ...
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Boeing lays emphasis on Indian aviation market for new aircraft sales
According to the latest Current Market Outlook (CMO) produced by US manufacturing giant Boeing and as revealed in a briefing on 19 July, its experts are predicting that India will require 1,850 new aircraft to be delivered over the course of the next 20 years.Those purchases would be valued at ...
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United’s cargo revenue on the slide
United Airlines made $208m in cargo-based operating revenue in the second quarter of this year, down by 9.2% from the $229m made in the three months ending 30 June 2015.Over the first half of this year, the US carrier made $402m in cargo-based operating revenue, down by 14.6% on the ...
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Cargolux aircraft carry key client names
Cargolux has begun adding the name and logo of key customers to the livery of its freighter aircraft, along with a ‘Powered By’ legend.Three Cargolux Boeing 747 freighters already carry the added branding of a major customer. More client names will appear on other aircraft of the fleet in the ...
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Brussels Airlines suffers decline in freight load factor in June
Brussels Airlines’ freight load factor decreased year on year by four percentage points in June, falling from 68% to 64%.It was an improvement on the previous month, however; May’s freight load factor was 63%.The year on year decline, a statement said, was mainly attributable to changes in the carrier’s cargo ...