All Bellyhold Airline articles – Page 38
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News
Big jump for Cathay and Dragonair in February
Cathay Pacific and Dragonair’s airfreight volumes jumped 28.8 per cent in February compared with the same month in 2014.Between them, the two airlines carried 130,467 tonnes of cargo and mail in February.Cathay Pacific’s general manager cargo sales and marketing, Mark Sutch, said: “The high-year-on-year tonnage growth reflects the overall improvement ...
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Lufthansa Cargo's 2014 operating profits up 26.6%
Lufthansa Cargo increased its 2014 operating profit by 26.6 per cent to €100m, despite group-wide pilot strikes and a fall in airfreight revenues and tonnages.Full year revenues at the German flag carrier’s freight arm edged down 0.3 per cent versus 2013 to €2.4bn. Total volumes fell 2.7 per cent to ...
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WCS: How to reduce the fire risk from lithium batteries
Fires in consignments of lithium batteries have been implicated in the loss of three aircraft over the last 10 years, writes Martin Roebuck.Peter Hunt, airline ground safety manager at Cathay Pacific, told the World Cargo Symposium (WCS) in Shanghai about risk mitigation measures the airline is taking to make sure ...
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WCS: Air cargo industry needs to modernise
Airlines may be transporting goods worth $6.4trn each year, but the air cargo industry is in “desperate need” of modernisation if it is to capitalise on the international e-commerce opportunity, according to Liu Shaoyong, president of China Eastern.In a welcome address representing the host airline for the IATA World Cargo ...
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DP DHL airfreight up 2.4% to 4m tonnes in 2014
Deutsche Post DHL’s global forwarding arm overcame a weak 2014 first half to record a full year 2.4 per cent increase in airfreight volumes to just over 4m tonnes, versus 2013.Announcing full year 2014 results, the Germany-based global post, express, freight and logistics giant said of its air cargo segment: ...
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WCS: Self service freight boosts Qantas
Qantas Freight is seeing major efficiency benefits after adopting a “self service” system for import collections, writes Martin Roebuck.Bob Labrun, head of operations, told the World Cargo Symposium (WCS) that truck drivers are able to input import collection notifications online at the carrier’s cargo terminals in under a minute, removing ...
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Cargolux links up with Oman Air
Oman Air has signed a Letter of Intent with Cargolux that enables the European all-cargo carrier to use the Middle East airline's facilities in Muscat, Salalah and Sohar.The agreement includes the launch, on April 15, of Cargolux full freighter services from Luxembourg to India via Oman. The formal signing of ...
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WCS: Jettainer’s lightweight pallet
Jettainer is developing a lightweight pallet that weighs 70 kg, around 32 kg lighter than a traditional PMC aluminium unit.The Germany-based ULD management company says that the pallet is made of a composite material that is being applied for the first time in the aviation sector. It offers an alternative ...
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Virgin Atlantic's "year of resilience"
Virgin Atlantic Cargo reported revenues of £221m for 2014, down 1.8 per cent on prior year, with total network freight volumes virtually unchanged from 2013.The carrier said that the revenues reflected “another year of resilience in a fluctuating global air cargo market that saw yields decline for the third year ...
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Turkish Airlines orders four more A330-200Fs
Turkish Airlines has signed a firm order to buy four more A330-200 freighters.The carrier’s Turkish Cargo freight arm already operates five A330-200Fs, and the new order will enable it to “quickly meet the growing cargo market demand”.Temel Kotil, Turkish Airlines’ chief executive, said: “The A330-200F freighter aircraft have demonstrated outstanding ...
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IATA: overcapacity on the up, yields declining
IATA has warned that air cargo’s financial performance “remains poor and does not deliver adequate returns for investors”.The airline association’s 2015 first quarter Cargo eChartbook, while seeing continued positive demand for airfreight commodities, states that overcapacity has resulted in lower load factors and placed downward pressure on yields.Lower jet fuel ...
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Gunning warns of continued excess cargo capacity
IAG Cargo boss Steve Gunning has warned that excess global air cargo capacity is likely to remain for the “foreseeable future”, with lower oil prices discouraging “capacity discipline” as older freighters continue to fly.Gunning said that excess capacity was a key driver for IAG Cargo’s decision last year to end ...
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Emirates opens Chicago route
EMIRATES is launching a daily B777-200LR service to Chicago’s O’Hare International Airport in August.It will become the airline’s ninth US gateway, following the commencement of services to Boston, Massachusetts this month.Chicago has long been a US destination Emirates has wished to serve, admits Tim Clark, president of the airline.“Like Dubai, ...
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Etihad strengthens Chengdu service
ETIHAD Airways is increasing the frequency of its Abu Dhabi-Chengdu service from five-flights-a-week to daily from 30 March.One of the biggest markets in China for attracting foreign direct investment (FDI), Chengdu has emerged as a leading economic, transportation and communications centre for the Asian country, with nearly half of the ...
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IAG Cargo launches B787 Austin, Texas route
BUSINESSES in Austin, Texas are benefiting from the launch of a new air-conditioned B787 IAG Cargo belly-hold connection with London Heathrow.The US city’s first ever regular transatlantic service, gives a direct air link between the hi-tech Texan hub and Europe.IAG Cargo has launched the service in part to help support ...
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Qatar Cargo freighters to Hyderabad, London and Zaragoza
QATAR Airways Cargo (QAC) is to launch scheduled dedicated freighter services to Hyderabad (India), London Stansted (UK) and is reinstating services to Zaragoza (Spain).Textiles, agricultural products, footwear, automobile and pharmaceuticals are among the commodities likely to be shipped on the carrier’s scheduled twice-weekly A330 freighter service to Zaragoza, which began ...
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January's air cargo volumes up 3.2 per cent
Worldwide January air cargo volumes were up 3.2 per cent year-over-year (YoY), according to data from Netherlands-based consultancy World ACD.It observed that the modest increase was “not too bad given the fact that January 2014 was already part of the recovery that started in autumn 2013”.World ACD, which sources data ...
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Record year for Etihad
ETIHAD AIRWAYS enjoyed a record financial performance last year, with net profit up 48 per cent to US$62 million on revenues up 27 per cent to US$6.1 billion.2013 also saw earnings before interest and tax (EBIT) up 22 per cent to US$208 million and earnings before interest, tax, depreciation, amortisation ...
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Etihad Cargo increases bellyhold capacity to China
ETIHAD Cargo is increasing its services to China from this month with new bellyhold capacity between Abu Dhabi and Chengdu.From the end of this month, cargo capacity to and from Chengdu will grow 40 per cent to 930 tonnes a month – a result of the current five-weekly A330 passenger ...
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Emirates starts Boston route
EMIRATES Airlines has launched a daily B777-200LR service to between Dubai and Boston.The largest city of the state of Massachusetts becomes the airline’s eighth US destination and the 142th of its global network linking trading destinations across six continents.Emirates SkyCargo, the carrier’s freight arm, will operate bellyhold capacity (up to ...