Airlines – Page 353
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NewsCargojet sees revenues soar but losses deepen
Cargojet’s revenues saw double-digit growth in 2015 thanks to its Canada Post contract win, but this wasn’t enough to stop the airline recording a full-year loss.The Canadian airline recorded a 50.2% year-on-year increase in 2015 revenues to C$289m, while earnings before interest, tax, depreciation and amortisation (ebitda) jumped by 552.8% ...
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NewsAir cargo demand continues to grow but yields to remain under pressure
Airfreight demand continued to show an improvement in January, but is wasn’t enough to stop load factors declining and therefore yields are likely to remain under pressure.The latest figures from IATA show that demand in January increased by 2.7% year on year, which continues the improvements witnessed towards the end ...
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Air France KLM to roll out new temp-controlled transporters in Mexico and LA
Air France KLM will roll out its new airside temperature-controlled transporters in Los Angeles and Mexico.The Franco-Dutch airline has developed the new Kold Kart transporters to try and solve the issue of temperature fluctuations during ramp handling operations.Forwarders and shippers have long complained that their sensitive pharmaceutical shipments face temperature ...
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Volga-Dnepr performs another spacecraft component transport
Volga-Dnepr Airlines has transported another item that will be used as part of the ExoMars mission organised jointly by the European Space Agency and the Russian space agency, Roscosmos.The Russian airline transported a 16-ton Breeze-M booster from Moscow to Baikonur on an An-124 freighter in preparation for the space vehicles’ ...
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Shannon welcomes mares to Irish stud hub
Shannon Airport welcomed six thoroughbred mares in what was the first transport of horses on a scheduled freighter flight into the Irish Republic gateway, with Turkish Airlines Cargo.Patrick Edmond, managing director of the International Aviation Services Centre and Shannon Group strategy director, said that Shannon intends to capitalise on the ...
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Air France-KLM cargo boss Bram Gräber to join maritime group Boskalis
Air France-KLM cargo boss Bram Gräber is stepping down to join Netherlands-based Royal Boskalis Westminster as group director maritime services for its offshore energy division.Gräber was appointed temporary executive vice president of Air France KLM Cargo in March 2015, following the departure of chief executive Erik Varwijk.Gräber will leave Air ...
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Air Europa renews ULD deal with CHEP
Spanish airline Air Europa has renewed its contract with ULD service provider CHEP Aerospace Solutions.This deal will see CHEP continue to provide ULD pooling to Air Europa, while also converting 770 containers to CHEP's lightweight units.Air Europa Handling contract manager Mauro Rodriguez said: "We have built a strong relationship with ...
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Lufthansa Cargo to sell capacity on Eurowings' new long-haul operations
Lufthansa Cargo will begin to sell the belly space of sister company Eurowings’ recently launched long-haul flights.Lufthansa Cargo said it would begin selling the space on Eurowings’ flights from Cologne/Bonn to the Caribbean (Varadero, Cancun, Dominican Republic) and Thailand (Phuket, Bangkok) from March 27.Eurowings is in the process of expanding ...
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Queuing for Cuba: US carriers submit applications for services to Cuba
The three major US airlines have all now submitted their applications to start scheduled services to Cuba.Late last night, United Airlines, Delta Air Lines and American Airlines confirmed they had submitted their applications to the Department of Transport.Delta hopes to offer flights from Atlanta and JFK with the Boeing 757-200, ...
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Lufthansa Cargo and United still "developing the details" of partnership plan
Lufthansa Cargo and United Airlines are still ironing out the commercial details of their planned tie-up on the transatlantic.Lufthansa Cargo board member responsible for product and sales Alexis von Hoensbroech said the two airlines have yet to sign a contract.He added that the two companies had a "joint idea of ...
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Turkish Airlines sees cargo revenues slide despite improved demand
Turkish Airlines recorded a decrease in revenues generated by its cargo division despite an increase in demand.For the full-year 2015, Turkish Airlines recorded a 3.9% year-on-year decline in cargo revenues to $935m, with both its bellyhold and freighter services contributing towards the decline.Meanwhile, its cargo and mail traffic climbed by ...
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Alaska Air Cargo changes pricing structure
Alaska Air Cargo is the latest airline to change its pricing model by cutting the number of surcharges.From today, the US airline’s new pricing structure will see its two current surcharges rolled into its base rates and customers will now only be charged by freight weight and a single screening ...
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Oman Air makes Smart move
Oman Air has chosen SmartKargo to manage its airfreight sales and operations from June 2016. The Cloud-based cargo platform provides electronic air waybills along with pricing and ratemaking services.Oman Air’s chief sales officer, Mahfood Al Harthy said the attraction of SmartKargo was rapid deployment without having to spend on infrastructure, ...
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No more horsing around: Qatar to fly 118 show jumping and dressage horses
Qatar Airways Cargo will this week transport 118 show jumping and dressage horses from Liege to Doha to take part in the CHI Al Shaqab international equine event.Three chartered Boeing 777 freighters equipped with air stables will carry the horses and a team of almost 90 vets and grooms to ...
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Qatar Airways' cargo tonnages soar by 37.5% in 2015
Qatar Airways Cargo saw a 37.5% surge in tonnages during full year 2015, citing a combination of “fleet and network expansion, creative interline agreements and by deploying capacity on expanding or untapped markets”.The Doha-hubbed airline increased its cargo volumes from 1,104,000 tonnes in 2014 to 1,520,000 tonnes in 2015.The combination ...
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Etihad’s horse sense with B777 freighter fleet additions
Abu Dhabi-based Etihad Cargo has taken delivery of a new Boeing 777 freighter, with a second such aircraft due to arrive in March.Both freighters, with a combined list price value of $637m, will come equipped with nine seats, allowing the Middle East airline to carry additional grooms as part of ...
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Boardroom reshuffle at West Atlantic
A major boardroom reshuffle has taken place at Sweden’s West Atlantic, the Gothenburg-based freighter lessor and operator.The carrier said that the decision, which saw five board members resign, came after the shelving of a project to “explore the possibility of a listing of the shares on Nasdaq Stockholm”.West Atlantic added: ...
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India and Europe the bright spots in difficult start to the year
Worldwide air cargo demand started the year slowly with only a slight increase in volumes recorded, but there was better news from Europe and India.In its monthly market analysis, WorldACD said there was “little to cheer” in January as global air cargo volumes increased by just 0.3% compared with a ...
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India develops new aviation policy as it gears-up for 'Make in India' campaign
India’s air cargo throughput is expected to more than double over the next 15 years as the government implements several supply chain improvements as part of its ‘Make in India’ campaign.Speaking at the Air Cargo India event in Mumbai, Renu Singh Parmar, senior adviser at the Ministry of Civil Aviation ...
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Weak start to the year for Asia Pacific carriers
Asia Pacific carriers recorded a muted Chinese New Year air cargo demand surge in January as soft market conditions persisted.The latest figures from the Association of Asia Pacific Airlines showed that cargo demand in January declined by 0.7% year on year to 5.1bn freight tonne km.Meanwhile, capacity for the period ...