Airlines – Page 94
-
News
ASL sees revenues soar on the back on long-haul cargo
Aircraft lessor ASL Aviation Holdings reported "strong" financial figures last year on the back of its long-haul cargo operations.The company reported a 24.4% year-on-year increase in revenues to €1.1bn, while profits reached €43.6m."The year saw strong performances across all business segments with ASL’s long-haul freight routes, particularly between Europe and ...
-
News
Amazon Air slows expansion as e-commerce demand flattens
Amazon Air has "greatly reduced" its overall rate of expansion since March in response to a slowdown in e-commerce sales figures, according to new research.Total Amazon Air flight activity grew by 3.8% between August 2021 and March 2022, compared to 14.3% during the previous six months, found researchers at Chaddick ...
-
NewsKalitta and Cargo Choice hope new Ecuador flights will bloom
Source: QuiportKalitta Air has launched new freighter flights from Ecuador to the US in partnership with GSA Choice Cargo as they look to meet demand for flower transport.The flights operate between Mariscal Sucre International Airport in Quito and Miami International twice per week, utilising B747-400 freighters.“Choice Cargo is pleased to ...
-
News
Cathay Pacific claws back capacity amid flat demand
Cathay Pacific has continued to benefit from the easing of quarantine restrictions in Hong Kong and the return of its full freighter schedule but suffered from flat demand during the summer.Overall figures reflected a challenging market, but the airline operated 59% of its pre-pandemic cargo flight capacity in August, said ...
-
News
FedEx scales back operations following disappointing Q1 2022 results
A drop in volumes and economic volatility "adversely impacted" FedEx's results for the fiscal first quarter ended August 31, prompting the transport company to implement cost reduction initiatives.The company expects business conditions to weaken further in the second quarter.While revenue figures were up on last year, the company said they ...
-
NewsAmerican Airlines Cargo appoints new president
Greg Schwendinger. Photo: American AirlinesAmerican Airlines Cargo has appointed Greg Schwendinger to the role of president, effective October 3.The appointment follows the departure of Jessica Tyler from the role in May. Tyler moved to the role of vice president, integrated operations centre within the airline.With more than 15 years of ...
-
NewsAir Belgium partners with WFS for South Africa air cargo services
Photo: Air BelgiumAir Belgium has awarded a three-year contract to Worldwide Flight Services (WFS) to provide cargo handling for the launch of its first services to South Africa.The ground handler will provide cargo handling for the 1,600 tonnes per annum forecast to be carried onboard Air Belgium's twice-weekly Airbus A330-Neo ...
-
NewsIATA WCS: strengthening air cargo’s post-pandemic prospects
Credit: IATAThe 15th IATA World Cargo Symposium (WCS) taking place in London from September 27 – 29 will focus on building resilience to further strengthen air cargo’s post-pandemic prospects.Covid-19 tested the resilience of the air cargo business. Despite challenging conditions, air cargo delivered critical medical supplies and vaccines across the ...
-
News
Maersk Air Cargo starts regulatory process for US flights
Shipping giant AP Moller-Maersk has applied to the US Department of Transportation to have the foreign air carrier permit of subsidiary Star Air transferred to its new Maersk Air Cargo business.In filings seen by Air Cargo News, the company has applied to amend and reissue Star Air's foreign air carrier ...
-
NewsAir Canada Cargo first to be re-certified by IATA for the safe transport of live animals
Air Canada has become the first airline to be re-certified by the International Air Transport Association (IATA) for the safe transport of live animals by Air Canada Cargo. (CNW Group/Air Canada)Air Canada has become the first airline to be re-certified by the International Air Transport Association (IATA) for the safe ...
-
NewsAirships have a role to play in sustainable air cargo supply chains
Pathfinder 1 is maneuvered by LTA Research staff at Moffett Field. Photo courtesy of LTA Research.Airships offer efficiency and flexibility for air cargo operations and could play an important role in zero emissions aviation goals.This is according to aerospace research and development company LTA (Lighter Than Air) Research, which is ...
-
News
German government support fund sells remaining Lufthansa stake
Germany’s Economic Stabilisation Fund (ESF) has withdrawn its interest in Lufthansa after the airline’s operations and income were hit by pandemic measures.The German Federal Government-owned Federal Republic of Germany - Finance Agency said the German airline has now been stabilised and ESF has sold its remaining stake.Lufthansa was granted state ...
-
NewsDronamics partners with Cotesa to manufacture cargo drones in Europe
Dronamics has partnered with Cotesa to manufacture drones in Europe. Photo: DronamicsMiddle-mile drone company Dronamics has partnered with composite manufacturer Cotesa to manufacture long-range cargo drones in Europe.The manufacturing partnership with Cotesa, a European manufacturer of high-quality composite fibre components for aerospace and automotive companies, supports the demand for Dronamics' ...
-
NewsEtihad Cargo positive about new Guangzhou flights
Source: Etihad CargoEtihad Cargo is hoping to capitalise on the addition of new passenger flights to China in October.The two weekly flights to Guangzhou will utilise B777 aircraft offering 30 tonnes of bellyhold cargo capacity per flight.Etihad said it would be the first international airline to operate long-haul passenger and ...
-
News
Teleport to add three leased Airbus A321 freighters
Teleport is expanding its fleet with the addition of three Airbus A321 freighters leased from BBAM.This increases the cargo-only fleet of Teleport, the logistics venture of Capital A (formerly AirAsia Group Berhad), to four freighters in total, in addition to belly capacity provided by over 200 exclusive AirAsia passenger aircraft.Each ...
-
News
BBN plans to set up Indonesian cargo airline
Holding company BBN Cargo Airlines is planning on adding a new airline based in Indonesia as it looks to capitalise on growth in the region.BBN Cargo Airlines, which operates Iceland-based cargo airline Bluebird Nordic, said BBN Airlines Indonesia would be based out of Jakarta.BBN Airlines Indonesia is in the process ...
-
News
Ethiopian to lease B767 freighters from Titan
Ethiopian Airlines has signed up to lease three Boeing 767-300ER converted freighters from Titan Aviation.The African carrier will take delivery of the first of these aircraft later this month, with the second delivery planned for later this year, and the third aircraft planned for 2023.Ethiopian Airlines Group chief executive Mesfin ...
-
NewsVietravel Airlines and Asean Cargo Gateway partner on new cargo airline in Vietnam
Representative of the Board of Directors of Vietravel Airlines and Asean Cargo Gateway. Photo: Vietravel AirlinesVietnam’s Vietravel Airlines aims to launch a new cargo airline in cooperation with logistics service Asean Cargo Gateway (ACG).With stakes of 51% and 49% in VUAir Cargo respectively, Vietravel Airlines and ACG anticipate the first ...
-
NewsEFW hits conversion milestone and delivers freighter to MNG Airlines
Conversion house Elbe Flugzeugwerke (EFW) has hit a milestone with the completion of 20 A330-300 passenger to freighter conversions (P2F) and the second A330P2F for MNG Airlines.This second A330-300P2F has been re-delivered to Turkey-based MNG and is scheduled for starting commercial operations in the coming days, said EFW in a ...
-
NewsReliable Robotics and Astral team up on autonomous flying
Reliable Robotics uncrewed Cessna 172. Source: Reliable RoboticsAutonomous aircraft firm Reliable Robotics and Kenya-based airline Astral Aviation have launched a new partnership they hope will increase the use of drones in sub-Saharan Africa.The two companies said that through the partnership they will work together to develop operational, regulatory, and business ...