Airlines – Page 424
-
News
Stronger outbound China cargo boosts Cathay/Dragonair
Cathay Pacific and Dragonair carried a combined 147,275 tonnes of cargo and mail in January, an increase of 12.5 per cent compared to the same month in 2014.The cargo and mail load factor rose by 2.9 percentage points to 63.4 per cent. Capacity, measured in available cargo/mail tonne kilometres, rose ...
-
News
TNT chief warns of tough times ahead
TNT Express made a €137m loss in the fourth quarter of 2014 and continues to face challenging trading conditions, said chief executive Tex Gunning.The integrator, the subject of a failed takeover bid by UPS in 2013, blamed restructuring charges (€70m), goodwill impairments (€32m) and the costs of a re-launch (€22m) ...
-
News
PEMCO converted freighter number three for China’s CDI
US-owned PEMCO World Air Services has redelivered a third Boeing 737 to Chinese carrier CDI Cargo Airlines after converting it into a 737-300 freighter.The 737-300F offers nine pallet positions and a payload of up to 43,100lb or 4,600 cu ft.PEMCO has already carried out two similar jobs at Staeco’s Jinan ...
-
News
We will do better, promise TNT management
TNT Express has outlined the steps that will return the parcels and freight operator to profit.A core part of its strategy is to set up focused international Europe and domestic units, strengthening its management and accelerated investment in its transport and IT, along with improved service levels.At a capital markets ...
-
News
Africa: New challengers for the cargo king's crown
The domination of the regional air cargo market by non-African carriers, such as Air France-KLM, Emirates and Lufthansa, and by South African Airways, is still strong, but over the past decade two African carriers have risen to challenge them: Kenya Airways and Ethiopian Airlines.South African Airways (SAA) was once the ...
-
News
All-in wrestling
ALL-IN rates have gained another convert, with IAG Cargo’s discreet announcement to customers.Less of a tidal wave of carriers deciding to drop fuel surcharges, but more of a steady drip.Emirates SkyCargo made the first move, swiftly followed by Qatar Airways, with IAG, the cargo arm of British Airways and Iberia, ...
-
News
Late surge lifts air cargo market at last
The airfreight industry ended 2014 on a “positive note” said IATA, after releasing its full-year cargo data.The figures showed 4.5 per cent demand growth in freight tonne kilometres (FTKs) compared with 2013. “That is a significant acceleration from the 1.4 per cent recorded in 2013 over 2012,” said the global ...