Airlines – Page 36
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News
Corsair signs up for Pathfinder
France-based long-haul airline Corsair has become a user of ECS Group’s software tracking service, Pathfinder.Pathfinder offers airline users real-time transparency on the status of their shipments.The web-based track-and-trace system was developed by ECS Group’s in-house Cargo Digital Factory team in 2019 and the software was recently made available for carriers ...
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News
Emirates’ lithium battery mobile app receives IATA recognition
Dubai-based carrier Emirates has been recognised by IATA for developing a mobile app dedicated to the safe shipment of lithium batteries.The trade body has awarded the airline a Competency-Based Training and Assessment Center (CBTA Center) Innovation Award.The award was presented at IATA’s annual World Cargo Symposium (WCS), being held this ...
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NewsFedEx pilots request release from mediation
Source: Air Cargo NewsThe Air Line Pilots Association, Int’l (ALPA) – the largest airline pilot union in the world, and one that represents more than 77,000 pilots flying with 42 US and Canadian airlines – has confirmed that FedEx Express pilots that it represents have filed a request with the ...
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News
Ukrainian prosecutors lay formal charges over destruction of AN-225
Ukrainian prosecutors and security service SBU have formally accused ex-Antonov officials of obstructing attempts by the country’s military to defend Gostomel airport.The airport was “strategically important”, said the security service, and became the target of an assault in the early days of the Ukrainian-Russian conflict.This attack on February 27 2022 ...
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News
Big three US airlines again delay resumption of further China flights
The three largest US airlines are pushing back until at least late October the resumption of many flights to China that they cut early during the Covid-19 pandemic.American Airlines, Delta Air Lines and United Airlines received authority from the US Department of Transportation (DOT) to delay by another 90 days ...
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NewsSwissport to help Vietjet Air develop air cargo services
Photo: SwissportSwissport has struck a deal with Vietjet to support and advise the Vietnamese low-cost airline in developing air cargo handling services and managing air cargo centres to the highest international standards.A memorandum of understanding (MoU) between Swissport and the Vietnamese low-cost airline was signed this week at the Vietnam-Australia ...
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NewsTeleport signs up with CargoWise
Source: TeleportSoutheast Asia air logistics provider Teleport has signed up to place its capacity on freight forwarder platform CargoWise.The move will allow forwarders that have implemented the WiseTech Global-owned platform to manage supply chain operations to plan, book, confirm and manage shipments on the carrier in real time."The direct data ...
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NewsFreighter operators face margin squeeze
Operating freighter aircraft has historically been a business with tight margins, a market environment temporarily interrupted by the Covid-19 pandemic. Recent airline financial statements again show (more familiar) marginal profitability levels, despite yields that remain 35%-40% up on 2019 figures.Slim pickings: turning a profit in air cargoFor the two decades ...
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NewsLufthansa Cargo revenues fall in 2023 as rates cool
Lufthansa Cargo reported a year-on-year revenue drop of 36% in 2023 due to rates normalising after the highs seen during the pandemic era.The cargo arm of German airline Lufthansa recorded revenue of €2.98bn in 2023, a drop of 36% from €4.6bn in 2022.Lufthansa Cargo also generated an adjusted ebit of ...
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NewsAir cargo's "surprisingly" strong start to 2024 continues in February
The air cargo market reported another double-digit percentage increase in demand in February continuing a "surprisingly strong" strong start to the year as e-commerce boosted demand levels.The latest figures from data provider Xeneta show that air cargo demand increased by 11% year on year in February, while the dynamic load ...
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NewsEtihad Cargo sees revenues decline in 2023 as market rates cooled
Etihad Cargo registered a decline in its cargo revenues last year as the wider air cargo market cooled following the Covid boom.The Abu Dhabi-headquartered airline saw its cargo revenues in 2023 decline by 38% year on year to $914m following the "exceptional yield registered in 2022 due to Covid".Meanwhile, cargo ...
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NewsQatar Cargo waves goodbye to its last Boeing 747 freighter
Source: Qatar Airways CargoQatar Airways Cargo has exited Boeing 747 freighter operations after the model conducted its final flight for the Doha-headquartered airline last week.The aircraft (A7-BGB) completed its final flight from Barcelona to Doha on March 1.The carrier said that it had decided to exit the operation of the ...
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News
Cargolux takes a stand on disposable e-cigarettes
Cargolux will no longer transport disposable electronic cigarettes in response to concerns over their impact on health and the environment.The all-cargo airline said that the ban would also apply to its Cargolux Italia and comes in response to "growing concern about the adverse effects of these products on both public ...
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News
Airfreight rates on major trades remain down on 2023 levels in February
Air cargo rates continued to register declines on major east-west trades in February compared with last year as the timing of Lunar New Year break affected performance.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that rates from Hong Kong to North America were down 5.5% year on ...
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Insights
Air cargo momentum grows in India’s State of Tamil Nadu
India’s southern state of Tamil Nadu is rapidly expanding air cargo infrastructure and throughput handling.The state hosts India’s second-largest air cargo capacity with a total share of 28.3%, according to national government statistics.The state also has the highest number of container freight stations (CFSs) and Warehouse Development and Regulatory Authority ...
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Insights
Putzger perspective: New alignments - to passenger aircraft
Some carriers appear to have lost their appetite for freighters with plans to scale back conversions, but is cargo still valued? Global Crossing Airlines is changing direction. The Miami-based carrier has pressed the pause button on the expansion of its cargo operations in order to fly more passengers. Furthermore, company ...
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NewsIATA stats show 18% increase in cargo demand for January
Air cargo demand increased by a "remarkable" 18.4% year on year in January - the second month in a row of double-digit percentage increases.IATA data shows that as well cargo tonne kms (CTK) increasing in January, available capacity was up 14.6% year on year as belly space continued to be ...
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NewsHong Kong Air Cargo continues e-commerce growth with Riyadh route
Photo: Hong Kong Air CargoHong Kong Air Cargo has launched a new e-commerce airfreight route between Hong Kong and Riyadh, Saudi Arabia.The carrier will operate two weekly cargo flights from Hong Kong International Airport to King Khalid International Airport every Monday and Sunday using a Airbus A330-200 freighter.The inaugural flight ...
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NewsFarCargo gets ready to launch first transatlantic air cargo route
Faroe Islands-based carrier FarCargo will launch its first transatlantic air cargo route for salmon shipments on March 5.The planned outbound route will be Billund - Faroe Islands – Newark, with a fuel stop in Keflavik (BLL-FAE-KEF-EWR), and inbound Newark - Billund (EWR-BLL).A subsidiary of salmon farming business Bakkafrost, FarCargo will ...
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News
Latin American air cargo liberalisation agreement made permanent
A multilateral agreement to liberalise air cargo services in Latin America has been made permanent in a move that could boost airfreight in the region.The seventh freedom traffic rights agreement was established on a temporary basis in 2021 but in December was made permanent.The agreement allows airlines from one Latin ...