Airlines – Page 50
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InterviewsChallenge charges ahead with fleet and route expansion
Freighter operator Challenge Group is forging ahead with the growth of its routes as well as its fleet, says chief commercial officer, Or Zak. Challenge Group is on course to operate a mix of 12 Boeing freighters by 2026, adding four 767 and four 777 converted aircraft, expanding beyond its ...
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NewsLufthansa's cargo profits tumble in Q3
Lufthansa's logistics business was unable to make an operating profit in the third quarter of the year as the market normalised following the Covid pandemic.The logistics division, which includes Lufthansa Cargo, time:matters, Jettainer, HeyWorld and a 50% stake in AeroLogic, saw third-quarter earnings before interest and tax (ebit) fall to ...
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News
Asiana board approves plans to sell its cargo business
The Asiana Airlines board has approved plans to sell its cargo business as part of efforts to appease European regulators concerned over the impact of its takeover by Korean Air.Earlier today, the carrier's board approved the plan to offload the cargo unit to another Korean airline after the European Commission ...
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NewsHopes diminish for an air cargo peak season boost
Hopes of a surge in air cargo demand towards the end of the year diminished in October as the latest data showed only a slight uplift in demand.The latest figures from data provider Xeneta show that air cargo demand increased 2% in October compared with September which is described as ...
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News
EAC conference examines the crucial role of air cargo
This year's European Aviation Conference will take place in Luxembourg and will have a focus on the importance of air cargo, as explained by the event organiser in the following article for Air Cargo News:The recent Covid-19 epidemic shed a shining light on the (literally) vital importance of logistics, and ...
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News
Pharma.Aero takes aim at sustainability with new project
Air cargo group Pharma.Aero has launched a new project to identify the attributes required for an environmentally friendly transport of pharma products.The primary goal of the project is to assist pharmaceutical manufacturers and freight forwarders in integrating sustainability considerations into their freight procurement and lane assessment processes to help reduce ...
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NewsWebinar: Emerging trends in air cargo 2024
Air Cargo News — in partnership with Maersk Air Cargo — will later this month host a webinar: Emerging trends in air cargo 2024.The one-hour session will explore the emerging trends that are expected to affect the air cargo sector in 2024. Attendees will have the chance to ask questions ...
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News
Etihad selects WFS for cargo handling in Copenhagen
Etihad Airways has appointed Worldwide Flight Services (WFS) as its cargo handler for its first-ever service from Abu Dhabi to Denmark.The new service to Copenhagen operates four times per week to the Danish capital using a Boeing 787 Dreamliner aircraft.The first flight took place on October 1.The two already work ...
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NewsAsiana Airlines delays decision on the sale of its cargo business
Source: Thanhliemnguyen/ShutterstockAsiana Airlines has delayed a decision on whether to sell its cargo unit as part of its takeover by Korean Air.The airline's board met yesterday to decide whether to go ahead with the sale as the two companies looked to obtain European Union approval for the deal.In a stock ...
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News
Hong Kong Air Cargo adds first Europe service with plans for more
Hong Kong Air Cargo has expanded into Europe for the first time with a new flight operating to Italy targeting e-commerce volumes.The new three-times-per-week service will operate between Hong Kong International Airport and Milan Malpensa on Tuesday, Thursday and Sunday with a departure time of just after midnight and arrival ...
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NewsAir Canada sees cargo revenues dip in Q3
Air Canada continued to report declines in its cargo revenues during the third quarter of the year, although the drop-off has narrowed as the year has progressed.The latest quarterly figures from the combination carrier show that cargo revenues in the third quarter declined by 23.7% year on year to C$315m.However, ...
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AEI to carry out Boeing 737 freighter conversions for Air Inuit
Freighter conversion company Aeronautical Engineers, Inc. (AEI) will carry out three Boeing 737-800SF freighter conversions for Canada-headquartered Air Inuit.US-based AEI said two of the aircraft will be converted as combi passenger/cargo aircraft.The first aircraft, (MSN 40852) is due to begin modification in November and will be redelivered in late March ...
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NewsIAG Cargo sees revenues dip and volumes rise
IAG Cargo saw its revenues fall in the third quarter of the year despite its volumes increasing.The airline group, which includes British Airways and Iberia, registered a 29.5% decline in revenues during the period to €263m.Meanwhile, air cargo traffic increased by 19.7% to 1.1bn cargo tonne kms.The reason for the ...
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NewsUPS Q3 revenues struck by soft demand
UPS has reported a 12.8% dip in third quarter revenues year on year, which it said was due to a drop in demand as a result of "unfavorable macro-economic conditions".The US integrated logistics solutions company said third-quarter 2023 consolidated revenues were $21.1bn.Consolidated operating profit was $1.3bn, down 56.9% compared to ...
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News
Ex Polar Air Cargo executive pleads guilty to fraud
Former Polar Air Cargo executive Robert Schirmer has pleaded guilty for his part in allegedly defrauding the cargo carrier out of millions of dollars.Robert Schirmer was one of 10 people charged earlier this year with defrauding the Atlas Air Worldwide/DHL subsidiary of tens of millions of dollars in revenue, said ...
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WestJet Cargo network branches out
WestJet Cargo will expand its cargo services with its Winter schedule.Calgary, Canada-based airline Westjet is introducing Puerto Plata, Dominican Republic; Bridgetown, Barbados; and Kingston, Jamaica to its passenger network, which is set to boost the reach of the airline's cargo business.WestJet Cargo’s service to Puerto Plata, Dominican Republic will be ...
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NewsAmerican Airlines Cargo bulks up capacity
American Airlines Cargo operations. Photo: American AirlinesAmerican Airlines Cargo is set to benefit from an expanded American Airlines winter schedule of more than 12,500 roundtrip widebody flights between November this year and March 2024.The carrier is operating increased frequencies across all its major international markets, with more than 6,900 of ...
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NewsHawaiian Airlines begins A330-300P2F service for Amazon Air
Hawaiian Airlines has commenced service of its A330-300P2F (passenger to freighter) contract business.The Honolulu-headquartered airline confirmed the service for e-commerce giant Amazon started on October 2 in its third quarter results.In July, Hawaiian Airlines received the first of 10 converted freighters that it will operate for Amazon Air.The airline plans ...
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NewsITA Airways sticks with Jettainer
Source: ITA AirwaysItalian airline ITA Airways has extended its ULD management contract with Jettainer, under which the latter provides a customised fleet of more than 4,000 containers and pallets.ITA serves a growing network that spans destinations in Europe, Africa, the Americas and Asia from its hub in Rome Fiumicino airport ...
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NewsIAG Cargo adds winter capacity
IAG Cargo shipments loading on aircraft Photo IAG Cargo via Hill+Knowlton StrategiesIAG Cargo will benefit from increased capacity on bellyhold flights this winter with the addition of extra frequencies and new routes for the season, from the end of October to March 2024.The cargo division of International Airlines Group (IAG) ...