Airlines – Page 355
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News
UK's FTA launches aviation working group
The UK’s Freight Transport Association (FTA) has announced that it is launching a new working group to look at issues affecting the airfreight sector.The freight and logistics group said it had decided to launch the group as airfreight is a crucial part of UK logistics and the wider economy, and ...
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Solid year-end quarter for Atlas
US-based freighter lessor Atlas Air Worldwide Holdings (AAWH) saw “solid peak-season volumes and yields, supported by continued e-commerce growth” in the fourth quarter of 2015 although it reported a net income loss of $37.5m due to a litigation settlement.In January this year, the group’s Polar Air Cargo subsidiary reached a ...
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NewsOperating profits slide at Air France KLM's cargo division
Air France KLM saw its cargo division’s financial performance worsen last year as it faced weak demand conditions and continued with restructuring.The Franco-Dutch airline group saw revenues at its cargo division decline by 9.5% year-on-year in 2015 to €2.7bn, while operating profits declined by 15.6% on 2014 levels to a ...
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Horses' tale from Hactl
Hong Kong Air Cargo Terminals Limited (Hactl) has again handled 64 of the world’s most valuable horses, competing at the Longines Masters of Hong Kong.As in 2015, the official carrier for the event was Emirates Airline, for which Hactl is the cargo handling agent in Hong Kong. Emirates transported the ...
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JMV signs up for freighter conversion from AEI
Luxembourg-based JMV Aviation has signed up for a freighter conversion from Aeronautical Engineers Inc (AEI).The US passenger to freighter conversion specialist AEI will provide an 11 pallet position B737-400SF freighter conversion to JMV in June of this year.The aircraft (MSN 24959) is high gross weight and is being modified at ...
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Quikjet confirms launch of Indian operations as it looks to capitalise on e-commerce and lack of freighters
Quikjet Airlines is the latest company to announce plans to capitalise on India’s fast-growing and underserved air cargo market as it confirms that it launched freighter services yesterday.The Bengaluru-based Indian airline, which is 72.6% owned by the fast-growing ASL Aviation Group, launched operations using a B737-400SF connecting Delhi, Chennai, Bengaluru ...
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MD-11 freighter impounded at Harare after a dead body is found
A Western Global Airlines MD-11 freighter has been detained at Harare Airport by the Zimbabwean authorities after a dead body and a large amount of South African currency were found on board.The aircraft, believed to have been on a flight from Germany to South Africa, had made a refueling stop ...
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WGA statement on detained MD-11 freighter
Western Global Airlines (WGA) has issued a statement after one of the US-based lessor’s MD-11 freighters was detained at Harare airport in Zimbabwe, Africa, when the body of a stowaway was found onboard.WGA said that the freighter is leased to Network Airline Management, a logistics provider, which was engaged “to ...
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NewsTough start to the year for American air cargo divisions
American airlines’ cargo divisions endured a tough start to the year as American, Delta and LATAM all recorded demand declines, while United’s volumes were flat on a year earlier.While there were declines at three of the four airlines, last year's figures at the US airlines would have received a boost ...
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ABC gets new European partner through ACMI deal with CargoLogicAir
CargoLogicAir’s first scheduled service has in fact been revealed as an ACMI tie-up with partner airline AirBridgeCargo (ABC).From February 14, CargoLogicAir’s B747-400 freighter began flying to Africa twice per week on behalf of ABC.The routing will start ex-London Stansted via Frankfurt to Libreville and onto Johannesburg, returning to Stansted via ...
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Cargolux expands Brazil network with Rio de Janeiro
A pre-Olympics airfreight boom to games' host Brazil will see European carrier Cargolux return to Rio de Janeiro with a B747 full freighter service starting in March.The flight continues to Viracopos before returning to Europe.Luxembourg-based Cargolux said: "The return to Rio was driven by growing demand for pre-Olympic Games freight ...
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American and United welcome Cuba-US air services agreement
American Airlines and United welcomed today's signing of a new US-Cuba air services pact that opens up a scheduled services market closed since the 1960s.American's chairman and chief executive Doug Parker said: "American Airlines commends the US government for its commitment to re-establishing cultural and economic ties between the US ...
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Flower power makes scents for LAN Cargo
LATAM Airlines Group’s cargo unit transported more than 160m bouquets of flowers during the three weeks leading up to this weekend's St Valentine’s Day, the peak time for flower exports around the world.Approximately 100 cargo aircraft operated by LATAM Airlines Group’s cargo unit took off from Colombia and Ecuador between ...
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Record start to the year for AirBridgeCargo
AirBridgeCargo Airlines (ABC) had a record breaking start to 2016 but has warned of a challenging year ahead.The Russian airline recorded a 30% year-on-year increase in demand in January to a new high for the month of 43,605 tons after it added new freighters and expanded its network last year.Newly-launched ...
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Volga-Dnepr looks to expand in aerospace, humanitarian and oil & gas
Volga-Dnepr Airlines has announced the appointment of three global directors to push its expansion in the aerospace, humanitarian, and oil & gas sectors.Axel Kaldschmidt has been appointed global director, aerospace Industry.Aerospace customers account for 30% of Volga-Dnepr’s annual business and since its launch, the airline has operated over 5,250 flights ...
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US-Cuba to sign air services agreement
A bilateral agreement between the US and Cuba will be signed today, re-establishing scheduled air services between the two countries after more than 50 years.US Department of Transportation (DoT) Secretary Anthony Foxx and Assistant Secretary of State for Economic and Business Affairs Charles Rivkin will travel to Cuban capital Havana ...
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Queuing for Cuba: US airlines eye services as relations restored
US airlines are eyeing the launch of new services to Cuba following the thawing of relations between the two countries.Yesterday at midnight, the diplomatic missions in Cuba and the US became full embassies for the first time since diplomatic relations were severed in 1961.However, the trade embargo stopping US companies ...
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Cargo partly to blame for low profitability at Asian carriers
Cargo is one of the main reasons carriers based in Asia continue to suffer from lower profitability levels than competitors from most other regions of the world.Speaking at the Singapore Airshow Aviation Summit, IATA chief executive and chairman Tony Tyler said the overall airline industry was expected to return profits ...
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CargoLogicAir's launch customer named as Chapman Freeborn
CargoLogicAir (CLA) has revealed that the charter flights it carried out earlier this year were arranged by Chapman Freeborn Italia on behalf of freight forwarder Savino del Bene.CLA’s first charter flights flew from Stansted to Bari via Frankfurt and carried a total of 113 tons of automotive parts, including engine ...
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Profits up at lessor Air Castle as it continues to reduce freighter fleet
Aircraft lessor Air Castle, which hit the headlines with the lease of an aircraft to CargoLogicAir last year, saw a double-digit increase in profits in 2015 despite revenues remaining flat.AirCastle, which includes 11 freighters in its fleet of 162 aircraft, saw net income for 2015 increase by 20.7% year on ...