Airlines – Page 365
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Middle East aircraft fleet to treble by 2034 says Airbus
Airbus forecasts that by 2034 the fleet of passenger and freighter aircraft in the Middle East region will almost treble from nearly 1,100 today to over 2,950.The European aircraft manufacturer said that traffic in the Middle East will grow at 6.0%, well above the world average 4.6%, over the next ...
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Etihad adding two B777 freighters
Etihad Airways has exercised its options on two Boeing 777 freighter aircraft, making the announcement on the opening day of the Dubai Air Show.The freighter options, with a list price value of $637m, were part of UAE national airline’s $67bn mixed fleet order for 199 aircraft in 2013.The additional freighter ...
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Special report: Fast thinking will get air cargo aid to where it’s needed
Rapid decision making by aid agencies and the airfreight industry is the key to getting aid cargo to the people that need it during humanitarian crises.“Airports can get congested quite quickly and we need to ask how we can make faster and smarter decisions,” said David Quinn, logistics movement officer ...
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Gunning to become chief financial officer at British Airways
Steve Gunning, the current chief executive of IAG Cargo, will become chief financial officer at British Airways in April next year, replacing Nick Swift who is leaving the airline to pursue other opportunities.Gunning will work with Alex Cruz, who is replacing Keith Williams as chairman and chief executive of British ...
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ATSG revenue increase in third quarter
Air Transport Services Group (ATSG), the medium wide-body freighter aircraft lessor, saw third quarter 2015 revenues increase 3% to $142.3m, including a 6% increase in freighter aircraft leasing revenues.Excluding revenues from reimbursements, third-quarter 2015 revenues increased 6% for the US-based lessor.Joe Hete, president and chief executive of ATSG, said: “We ...
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Atlas Q3 loss reflects debt reduction, repeats strong outlook for full year
US freighter aircraft lessor Atlas Air Worldwide (AAW) reported a net 2015 third quarter loss of $12.8m as it refinanced higher cost debt, but repeated its strong outlook for the fourth quarter and full year.Atlas expects airfreight to grow at “a reasonable rate” in 2015 despite tougher year-over-year monthly industry ...
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Emirates bucks cargo trend with 10% volume surge
Dubai’s Emirates Skycargo outpaced the airfreight market with a 10% rise in volumes to 1.25m tonnes during the first six months of the financial year.Emirates Group, which includes ground handler dnata, described the airline cargo figures from April to September as “a solid performance that continues to buck the market ...
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Singapore narrows cargo losses
Singapore Airlines’ cargo division (SIA Cargo) narrowed its operating loss from $34m to $12m in the first half of the financial year from April to September.Cargo yield declined by 8.5% during the six month period, largely due to lower fuel surcharges, while freight carriage was “flat”, resulting in lower revenue, ...
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ICAO proposes 30% lithium battery state charge limit
New safety recommendations covering lithium battery shipments carried on passenger and freighter aircraft have been agreed by the Dangerous Goods Panel (DGP) of the International Civil Aviation Organization (ICAO).“The proposal to require lithium batteries to have a state of charge of 30% or less, when carried in shipments on commercial ...
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IAG Cargo taps into Accenture software
IAG Cargo has upgraded its cargo reservation technology with software from Accenture to deliver more flexible reservation processes for all commercial cargo operations worldwide.Accenture Air Cargo Reservation software, part of the Accenture Air Cargo Suite, offers IAG Cargo, the freight arm of British Airways and Iberia, "improvements both in functionality ...
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Turkish adds to freighter network
Turkish Cargo has launched freighter services to Atlanta, New York, Kinshasa, London Stansted, Amsterdam and Doha.The Atlanta, New York and Kinshasa flights will use Airbus A330 freighters, with Stansted and Amsterdam served by an Airbus A310 freighter.As from the beginning of the winter schedule 2015, Turkish Cargo will provide cargo ...
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Alban François appointed as new VP Cargo Brussels Airlines
Alban François has been appointed vice president of global cargo at European carrier Brussels Airlines.From January 2016 he will roll out the new commercial strategy of the growing Brussels Airlines Cargo department, together with commercial partner Air Logistics Group.“Cargo is a key growth pillar for Brussels Airlines”, says Brussels Airlines ...
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All cargo carrier WGA set to launch
US start-up all cargo carrier Western Global Airlines plans to launch operations with MD-11 freighters after receiving an air operator certificate from the Federal Aviation Administration in Washington.Founder and chief executive Jim Neff, said: “As the first newly certified US based wide-body air cargo operator in almost a decade, WGA ...
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Emirates dons special livery to help endangered species
Two Emirates A380 jets take to the skies this week, wearing special livery in support of United for Wildlife, a global collaboration that unites the efforts of the world’s leading wildlife charities in the fight against the illegal wildlife trade.The livery, featuring some of the planet’s wildlife threatened by poaching ...
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Demand picks up pace for Asian airlines in September
Asian airlines saw air cargo volumes begin to pick up in September ahead of the peak season, but continued to report declining airfreight load factors.The latest monthly figures from the region’s leading airlines show that five of the seven carriers that provide monthly figures saw utilisation levels decrease compared with ...
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Cargolux responds to pilots union call for a strike ballot
European all-freighter airline Cargolux has given a detailed response to the call for an industrial action ballot by flight crew employees who are members of the LCGB pilots union.In a statement, Luxembourg-based Cargolux said that negotiations are still ongoing with the LCGB and a second pilots union, OGBL. Airline management ...
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Air cargo market improves in September
Air cargo traffic and yields continued to pick up in September following on from the general malaise experienced over the second quarter.The latest data from analyst WorldACD show that volumes increased by 1.9% year on year in September while yields picked up by 0.4% on a month earlier.This was the ...
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Strike ballot by Cargolux pilots' union
The LCGB pilots union is to hold a ballot for industrial action among its Cargolux membership.A statement by the union said: “Given the lack of any meaningful progress in the Cargolux labour negotiations for over a year, the LGCB has no choice but to contemplate industrial action. “A ballot will ...
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IAG Cargo: challenging third quarter
IAG Cargo saw a decline in both yields and airfreight volumes during the 2015 third quarter due to a “challenging” market.The cargo arm of British Airways and Iberia of Spain today reported commercial revenue of €238m for the period July to September versus €236m for the same period 2014. Reported ...
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Air France-KLM Cargo reports another operating loss
Air France-KLM saw operating profits at its cargo division remain in the red during the third quarter of the year but said it hopes its freighters business will be breakeven in 2017.The Franco-Dutch airline group recorded a third-quarter operating loss of €81m, an improvement on the €102m loss it recorded ...