Airlines – Page 98
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NewsDB Schenker expands charter network with South America flights
Credit: DB Schenker/Marc WagenerDB Schenker has expanded its charter operation with flights to South America as it looks to provide stable supply chain operations.The weekly flight leaves Europe on a Sunday night operating on a route of Amsterdam (AMS), New York JFK (JFK) and Miami (MIA) on Monday before reaching ...
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CargoAir continues fleet update with B737-800 conversions
Bulgaria-based CargoAir has ordered its fourth B737-800SF freighter conversion from Aeronautical Engineers, Inc (AEI) as it continues its fleet "revitalisation".The aircraft, (MSN 30883) is slated to commence modification at the end of October 2022, with all conversion-related touch labour to be performed by the authorised AEI conversion centre, Commercial Jet ...
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Cargo expansion helps Titan Airways to narrow losses
The delivery of new cargo aircraft helped UK-based freighter operator Titan Airways to narrow its losses and record revenues for the last financial year.For the 2021/2022 financial year running to March, the company reported record revenues of £121.1m, an increase of 110.1%, gross profits improved to £4.6m from a loss ...
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Maersk Air Cargo moves closer to operations with Asia-US test flight
Maersk Air Cargo is moving closer to operations with a test flight following its launch in April."In preparation for our new Maersk Air Cargo services between Asia and USA, we are operating a special demonstrator flight on 8/31 PM ex ICN (Incheon, Korea) arriving GSP (Greenville Spartanburg, SC) 9/1 AM ...
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NewsAlaska Air Cargo makes beary special flight
Photo: Jeremy Dwyer-Lindgren/ Woodland Park ZooAlaska Air Cargo has flown an orphaned brown bear cub to a new home after it was found wandering alone on a military base outside Anchorage, Alaska.The unnamed 89-pound female bear club has been safely settled at Seattle’s Woodland Park Zoo after being flown by ...
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NewsAir France KLM Cargo charges up with solar car flight
Source: Air France KLM CargoAir France KLM Martinair Cargo (AFKMP) has taken part in a project to fly a solar-powered car that is taking place in South Africa's Sasol Solar Challenge.The Nuna 11s car was developed by the Dutch Brunel Solar Team from Amsterdam's Delft University of Technology and will ...
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Cathay Pacific Cargo resumes Queensland-Hong Kong service
Cathay Pacific Cargo has resumed its weekly Boeing 747 freighter service from Toowoomba Wellcamp Airport in Queensland, Australia to Hong Kong.In a LinkedIn post on August 4, the carrier said: "We are thrilled to be supporting local producers once more, delivering a wide range of exports including chilled meats, vegetables ...
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Drone Delivery Canada now authorised to transport dangerous goods for Canadian university
Drone Delivery Canada has announced the approval and implementation of dangerous goods transportation for the University of British Columbia (UBC) Faculty of Medicine’s ‘Remote Communities Drone Transport Initiative’ (DTI).The DTI is currently utilising Drone Delivery Canada's drone logistics solution to enable a defined two-way delivery flight route, using the Sparrow ...
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ATSG sees revenues rise but profits fall in Q2
Freighter lessor ATSG saw its revenues rise but profits fall in the second quarter of the year as it faced higher costs, but benefited from more flying.The Wilmington-headquartered company reported a 24% year-on-year increase in second-quarter revenues to $510m, operating income for the period was down 16.6% to $70.5m and ...
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Atlas Air sees profits slide in Q2 as costs rise
Atlas Air Worldwide, which yesterday announced it is being acquired in a $3bn deal, saw volumes and profits take a hit in the second quarter while revenues improved.The company saw revenue grow to $1.2bn in the second quarter of 2022, compared with $990m last year, volumes totaled 83,922 block hours, ...
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NewsLATAM Cargo adds its latest freighter
Source: LATAM CargoLATAM has added another converted freighter to its fleet as it continues to expand its presence on the transatlantic.The freighter is the fourth of five freighter conversions it is due to receive this year and brings its total all-cargo fleet to 15 aircraft.The carrier is due to add ...
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Maersk Air Cargo newbuild B767-300Fs to be operated by Amerijet
Maersk Air Cargo's three newbuild Boeing B767-300F freighters will be operated by Miami-headquartered cargo airline Amerijet on a US-China route from this autumn.The order of the three new B767-300Fs was announced in April with the launch of Maersk Air Cargo. They are in addition to three leased B767s, also previously ...
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Atlas Air Worldwide to be acquired in $3bn takeover
Freighter firm Atlas Air Worldwide has entered into a definitive agreement to be acquired by an investor group in an all-cash transaction with an enterprise valuation of approximately $5.2bn.The takeover is led by funds managed by affiliates of Apollo, affiliates of JF Lehman & Company, and Hill City Capital.Under the ...
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NewsLufthansa Cargo revenues surge despite volume drop
Lufthansa's logistics division saw revenues and operating profits increase again in the second quarter of the year despite a small drop in cargo volume.The division, which includes Lufthansa Cargo, time:matters, Jettainer and the company's share of AeroLogic, saw its second-quarter revenues increase by 45% year on year to €1.3bn, while ...
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IATA: Air cargo demand declines narrow in June
Air cargo volumes were down again in June, although the level of decline eased compared with recent months as Covid restrictions in China began to be lifted.The latest statistics from IATA show that air cargo traffic in June was down 6.4% in cargo tonne km (CTK) terms compared with a ...
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NewsVirgin Atlantic Cargo approves use of Releye ULD
Source: Virgin Atlantic CargoVirgin Atlantic Cargo has approved the use of Envirotainer’s Releye RLP and RAP containers on its aircraft as part of efforts to develop its pharmaceutical and life science offering.The airline said that the container offers live tracking of location as well as temperature, humidity and product condition, ...
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NewsEtihad Airways firms up order for seven Airbus A350F freighters
A350F Etihad Cargo. Photo: AirbusEtihad Airways has firmed up its order with Airbus for seven new generation A350F freighters as it looks to meet ongoing cargo demand growth.The carrier announced its intention to order the aircraft at the Singapore Airshow in February but today confirmed the deal.Tony Douglas, group chief ...
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Global Crossing Airlines signs deal with Icelease for conversion and lease of Airbus A321
Global Crossing Airlines Group (Global X) has signed a definitive agreement with Icelease to convert an Airbus A321 aircraft into freighter format to be leased to GlobalX for eight years.The aircraft (MSN 2840) is currently flown by GlobalX in passenger configuration and will be converted at a Precision Aircraft Solutions ...
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InsightsMaindeck expansion positions Air Canada for cargo growth
US passenger airlines with global networks have long since shed their maindeck freighter fleets but north of the border there is a renaissance of the combination carrier business model.Air Canada Cargo has an order book for two production Boeing B777Fs, two production line B767 freighters and eight of its passenger ...
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InsightsCargo airlines weather the storm of fuel price hikes
The cost of fuel has been a pain point in the aviation industry throughout 2022, but air cargo carriers have tackled the challenge with tenacious determination.Expensive fuel is not a new phenomenon, however, a perfect storm of economic and political issues has seen prices continue to rise this year until ...