All Business articles – Page 60
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News
Air Cargo Forum: New pharma group hopes to double shipper supporters over coming months
Brussels Airport and Miami International Airport have set up a new pharma organisation to improve handling and quality worldwide and expect to double the number of shipper participants over the coming months.Pharma.Aero will focus on shippers and all industry stakeholders who embrace the IATA CEIV programme. Members will foster route ...
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Profits may have peaked, say airline bosses
Profitability in the industry may have peaked, according to IATA’s quarterly business confidence survey of airline chief financial officers and heads of cargo.When surveyed in early October, they reported that profitability was unchanged in the third quarter of 2016 compared to the same period a year ago and also that ...
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Air Partner delivers urgent aid to Haiti
Air Partner has delivered 40 tonnes of urgent aid to Haiti on behalf of the International Federation of Red Cross and Red Crescent Societies (IFRC) to support the victims of Hurricane Matthew.The shipment included hygiene kits, buckets, tarpaulins, shelter tool kits and kitchen sets for around 1,000 families.Air Partner arranged ...
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The Range is at home with DHL
DHL Global Forwarding has been working with homeware retailer The Range to enhance its import supply chain. Based in the UK, The Range has enjoyed rapid growth in demand for its 65,000 product lines and has asked the forwarding arm of the Deutsche Post group to develop a robust, scalable, ...
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Capacity flood threatens profitability, warns IATA
Flooding-in of capacity, weak trade, lower yields and rising fuel costs are the key risks for air cargo profitability, said IATA in its latest quarterly Cargo Market Analysis.While the outlook for trade is sluggish, with global economic growth expected to decelerate in 2016, an expansion in export orders and strong ...
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ACS to the rescue again in Haiti
Air Charter Service (ACS) has arranged several cargo and passenger charter flights to Haiti, following Hurricane Matthew earlier this month which left at least 1,300 people dead and more than 35,000 homeless.ACS group commercial director, Justin Lancaster, said that ACS first operated a passenger flight, carrying teams to assess the ...
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Jet-setters lift ACS business
London-based Air Charter Service had its best month on record in July, despite a fall in UK cargo business.Group chief executive, Justin Bowman said the company had organised more than 1,100 charters in the month, or one every 36 minutes.He added: “Full cargo charter numbers did appear to suffer a ...
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Pelican signs up new distribution partners in Asia
Pelican BioThermal, a provider of temperature-controlled packaging solutions designed for the life sciences industry, has expanded its presence in Asia by signing up two new distribution partners in the region.It has joined forces with Pharmaserv Express of the Philippines and CMC Element of China.Pharmaserv Express transports pharmaceutical products in the ...
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Terrorism and falling yields dent airline confidence
Airline finance chiefs and heads of cargo said that they do not expect profits to improve over the next 12 months, according to IATA’s latest quarterly survey of airline business confidence.The results, based on a survey carried out in early July, also show that industry profitability fell slightly year-on-year during ...
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Website launch to fill cargo charters' empty legs
A new website for the worldwide aviation charter market is designed to allow the operators and brokers to list their empty leg flights in the search for return loads.The founder and brainchild of Flyemptyleg.com, Paul Ludick, said: “It’s about time that charter companies are being allowed and supported to promote ...
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Shanghai Air Cargo Summit set for June
Shanghai will play host to Air Cargo Summit, a new industry networking event taking place at the Hyatt on the Bund from 12-15 June 2016.The event will see visits to Air Cargo China & Transport Logistics China, taking place from 14-16 June at the Shanghai New International Expo Centre, and ...
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Antonov denies liquidation reports
Antonov has denied reports that the company has been liquidated, pointing out that the manufacturer has actually been transferred to a different state concern.Several media reports have carried stories on the demise on the iconic aircraft manufacturer over the last few days.In response, the company said it had transferred the ...
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'The best of times and the worst of times'
IT WAS the best of times, it was the worst of times, the age of wisdom, the age of foolishness, according to Charles Dickens in A Tale of Two Cities.He might well have been talking about global air cargo in the year 2012. At the start of 2013, there are ...
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We’re in this together
MEANINGFUL partnerships may be the new way forward for competing air cargo companies.When there is too much capacity, when prices are at rock bottom and yields are in decline, when shippers are modal-shifting to sea, when economies of scale are desperately required – maybe that is the time to turn ...
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War of words erupts between powerful new airline group and leading airports association
Five of Europe’s largest airlines have formed a new association to lobby against rising costs and have immediately taken aim at the continent’s airports.The new Airlines for Europe (AFE) group has been formed by IAG, Air France-KLM, Lufthansa, easyjet and Ryanair and hopes to attract more members over the coming ...
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Aircraft orders monthly: China Southern, China Postal and Turkish place aircraft orders in December
Each month Air Cargo News analyses the latest aircraft orders, both passenger and freighter.China Southern Airlines' commits to 80 B737s and 10 A330-300China Southern Airlines has announced a commitment to purchase 80 B737s and 10 A330-300s.The Boeing commitment includes a combination of 30 Next-Generation 737s and 50 737 MAX airplanes, ...
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Flat picture for freight at world airports
World airfreight was significantly weaker than passenger traffic, inching up by only 0.3% in October, reports Airports Council International (ACI). International freight grew by 0.3% and domestic only 0.2%.The results for major freight hubs were mixed, with Dubai reporting a 10% increase in freight while Frankfurt, Tokyo-Narita and Taipei seeing ...
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DSV target UTi sees airfreight volumes slide as it stays in the red
DSV takeover target UTi remained in the red during its financial third quarter, while airfreight volumes also suffered a double-digit decline.The company recorded a 17.9% year-on-year decline in revenues to $884.7m during the quarter ended October 31 while it recorded a net loss of $32.7m compared to $33.7m last year.It ...
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Africa: Home-grown talent boosts all-cargo sector
To date, there have been few African freighter operators on the continent, and almost no all-cargo carriers. That has started to change with the arrival of Astral Aviation in Kenya and Khuphuka Kings Airways in South Africa.Khuphuka, operating out of Durban King Shaka airport, started cargo services in early 2014 ...
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Stand-alone success for Europa Air & Sea
The Europa Air & Sea division of logistics operator, Europa Worldwide Group, said its airfreight import volumes grew 3% in August 2015 compared with the same month last year.Dartford, UK-based Europa Worldwide Group said its Air & Sea division had gone “from strength to strength” after it was launched as ...