Business – Page 130
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Where PR stands for poor relation
THIS is my last comment after some 30 years or so of waking up every single morning and wondering what the rest of the day has in store . . for the worldwide air cargo industry! writes Nigel Tomkins.Pathetic, I know, but on reflection, my partial retirement comes with few ...
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Air cargo tonnage up 7.5 per cent in May
GLOBAL air cargo tonnages saw a 7.5 per cent year-over-year increase in May but a 0.2 per cent yield drop in US$, stated WorldACD in its latest market data report.From April to May, yields fell by 1.9 per cent, “a not unusual seasonal phenomenon,” said the Netherlands-based research house that ...
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Cargolux opts for Telair lightweight ULDs
CARGOLUX is to become the first airline to carry cargo handling systems manufacturer Telair International’s CAEROe ® advanced lightweight unit load devices (ULDs).The all-cargo airline will be using CAEROe ®’s cookie sheet pallets, heavy gross weight pallets and fuel-saving containers on its fleet of B747s.The pallets are up to 40 ...
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Air cargo prices to weaken says Drewry
AIR CARGO pricing is expected to weaken in the coming months, while global airfreight traffic growth will be held back by weaker demand in the intra-Asia region.That is the view of Drewry, the UK-based research house, in its latest briefing on the demand and supply equation for global airfreight and ...
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Chapman Freeborn and Swiss WorldCargo's courier deal
CHAPMAN Freeborn Airchartering and Swiss WorldCargo have agreed a new partnership for delivering time-critical shipments.It means that the global aircraft charter specialist is supporting Swiss WorldCargo with all hand-carry requirements through its worldwide office network.Already an acknowledged global leader for care-intensive cargo services, the agreement will allow Swiss WorldCargo to ...
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Airline cost-saving boost for Jettainer
OUTSOURCED ULD management may not be everyone’s idea of low-hanging fruit, but Jettainer wants to shake the cost saving tree.The 100 per cent Lufthansa Cargo subsidiary has around 80,000 ULDs under its control for 14 airlines, with another three likely to sign up between now and early 2015.Jettainer head of ...
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Global air cargo stabilising, says IATA
AIRFREIGHT markets saw growth levels accelerate in May.IATA data for the month shows that demand measured in freight-tonne-kilometres [FTKs] rose across all regions, but with significant differences in performance.Whilst the Middle East carriers enjoyed 9.3 per cent year-on-year growth, the North American carriers reported 2.4 per cent.The growth trajectory reflects ...
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Cathay head of the e-cargo class
CATHAY PACIFIC remains top of the e-freight league table, IATA’s statistics show, writes Thelma Etim, deputy editor.The carrier has retained its ranking as the airline that operates the most e-AWB shipments.Cathay’s e-AWB volumes climbed by 47.1 per cent in May, whilst Emirates is in second place with 29.8 per cent.Korean ...
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IATA hit list to bolster Europe's air industry
IATA has called on European governments and regulators to bolster the region’s competitiveness, citing a hit list of measures to improve global connectivity.Tony Tyler, the airline association's director general and chief executive, said: “Among the biggest obstacles faced by European airlines are the competitive disadvantages placed in their way by ...
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Air Partner in freight expansion mode
Air Partner has expanded its freight team as it looks to build on its income stream.The UK-based charter broker had revenues of £11.7 million in the financial year ended January 2014, accounting for 5.2 per cent of group turnover, compared with £55.9 million for the private jets division and £148.7 ...
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PACTL achieves tonnage growth
SHANGHAI’S Pudong International Airport Cargo Terminal (PACTL) achieved tonnage growth of 12.36 per cent year-on-year and handled 121,178 tonnes of freight in June.Overall, the cargo terminal saw tonnage rise by 13.78 Per cent to 687,276 tonnes in the first half of this year. “These are the best results achieved for ...
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Swissport sells off ‘unprofitable’ French ground handling services
SWISSPORT France Holding and Servisair – both part of Swissport Group – is to sell its principal ground handling activity in France after struggling to make a profit.The announcement comes after GH Team, co-chaired by Christophe Le Borgne, the current chief executive of Swissport in France, and Adrian Melliger, former ...
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Etihad cargo volumes take off
ETIHAD Cargo is celebrating achieving 27 per cent revenue growth during the first half of this year.The freight division outperformed the global market, carrying 268,713 tonnes of air cargo and mail during the sixth-month period – up 25 per cent year-on-year – contributing significantly to the airline’s overall total revenue ...
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June sees air cargo spurt amid higher fuel costs
RISING jet fuel prices in June marred a slight monthly increase in airfreight volumes in May.The improvement in air cargo demand was consistent with a pick-up in world trade volumes, as well as a small rise in business confidence after a broadly flat trend in prior months, IATA notes.Oil barrel ...
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PACTL spearheads Chinese cool chain excellence
SHANGHAI’S Pudong International Airport (PVG) is a work in progress, with two extra runways and a 3,300 sq m cargo centre for perishable goods just part of the expansion plans for the world’s third largest airfreight hub.Added to that is the emerging Shanghai Free Trade Zone, a pilot project by ...
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Emirates' 50th A380 arrives
EMIRATES Airline has received its 50th A380, strengthening its position as the world’s largest international airline, says a company statement, writes Thelma Etim, deputy editor.This latest delivery takes the Middle East carrier’s wide-body fleet to 224, boasting the world’s largest collection of A380s and B777s.Since April 2010, Emirates has taken ...
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Demand for aircraft will hit new heights, says Boeing
THE Middle East and Asia Pacific carriers will take delivery of almost 60 per cent of the predicted 8,600 new widebodied passenger aircraft ordered over the next 20 years, forecasts Boeing, writes Thelma Etim, deputy editor.Among them will be B787-10s, B777s and B777Xs, and B747-8s – adding substantially to the ...
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One Question
Joost Van Doesburg, policy advisor, European Shippers Council, answers:"I DO not think Single European Skies [SES] will be achieved in the next few years."I am not really sure why the DFS has made this decision. I share the AEA’s disappointment."What will airlines do when it becomes too expensive to fly ...
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Changing times, changing values
WHILE Air China Cargo has received a US$320 million cash injection from its shareholders, it appears that Dutch operator Martinair has a ‘for sale’ sign posted on its cargo fleet.Two different approaches, but for very different reasons.Air China and Cathay Pacific, the two largest shareholders in Air China Cargo, feel ...
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Africa: Swissport Ghana starts operations
Ground and cargo handling company Swissport International has announced the operational start of Swissport Ghana, an equally-owned joint venture company with Ghana Airport Cargo Centre (GACC).Swissport Ghana will offer cargo warehousing and ramp handling at a cargo warehouse currently under construction next to the airside of Kotoka International Airport in ...