Business – Page 137
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News
Technology shaves off vital minutes for Dnata
Dnata has recorded 25 per cent growth in its UK cargo handling business this year, despite continuing softness in both inbound and outbound markets.The increase is thanks to existing clients’ improved volumes as well as “tremendous success” in picking up 14 new contracts over the last 18 months on the ...
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ABC Airlines receives sixth 747-8 Freighter
Russia’s largest cargo carrier AirBridgeCargo Airlines has taken delivery of its sixth new Boeing 747-8 Freighter. The addition takes the Volga-Dnepr Group subsidiary’s fleet to a total of 13 Boeing 747s, including six Boeing 747-8 Freighters, four Boeing 747-400ERFs and three Boeing 747-400 Freighters.The 747-8 Freighter is the latest iteration ...
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Asiana latest to cave in to anti-cartel case
ANOTHER airline has agreed to hand over millions of dollars to prevent further anti-cartel prosecution in the US. This time, following NCA’s turn a few weeks ago, it’s the turn of South Korea’s Asiana Airlines, which has agreed to pay US$55m. Price-fixing lawsuits were brought against it and a raft ...
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Cargo forecast good, says IATA
THE International Air Transport Association (IATA) five-year forecast confirms others’ predictions of reasonable future air cargo growth.IATA suggests international freight volumes are expected to increase at a compound annual growth rate (CAGR) of 4.1 percent over the next five years. Emerging economies, particularly in the Middle East and Africa, will ...
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AirBridge can’t get enough -8Fs
AIRBRIDGE Cargo Airlines (ABC), part of Volga-Dnepr Group and Russia’s largest cargo airline, has taken delivery of an additional 747-8 from Boeing. This will take the carrier’s fleet of the model type to six.The sixth aircraft was just delivered in mid-October. Denis Ilin, executive president of ABC, said the company ...
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Unions confirm they live in dream land
LUFTHANSA’S unions have apparently started to believe the common yet false assumption that airlines are made of money.Despite the airline only just clawing its way out of the effects of the global recession, the union Vereinigung Cockpit had its members stop working from 1pm to 11.59pm local on 21 October ...
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IndiGo CarGo set for massive capacity growth
INDIA’S only profitable cargo-carrying airline, low-cost carrier IndiGo, has ordered 250 jets from Airbus for a list price of €20bn (US$25bn). It is Airbus’ biggest contract ever in terms of aircraft numbers.The new fleet would create a huge capacity for the airline’s airfreight arm, IndiGo CarGo.Higher disposable incomes, an expanding ...
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Flightstar Aircraft Services completes new hangar expansion project
FLIGHTSTAR Aircraft Services, LLC will complete its newest aircraft maintenance hangar at its Cecil Airport (VQQ) headquarters in Jacksonville, Florida on 31 October. The facility design allows for maximum flexibility of fleet types and is capable of accommodating four to seven aircraft from B717 up to the B767. "The addition ...
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National Air Cargo files for bankruptcy protection
US cargo carrier National Air Cargo (NAC), a subsidiary of National Airlines, has filed for voluntary bankruptcy protection.The airline says it was forced to make the decision following a court judgement of October 2013. That case had been filed by start-up Global BTG in 2010, which alleged that NAC breached ...
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AA, US now have one AWB
AMERICAN Airlines and US Airways combine their cargo departments under a single air waybill. This is the first operations division at the airline to be fully integrated following the merger.“Today is the culmination of a lot of hard work by our cargo employees,” says Jim Butler, president of American Airlines ...
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New AA-US cargo ops connect the dots
US passenger airlines long since exited the main-deck market, but the new American Airlines Cargo expects to move 500,000 tonnes of cargo and mail per year, generate $800 million in revenue, following its merger with US Airways.Cargo became the first division to achieve full integration on 20 October, when “the ...
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Emirates confident of African future
EMIRATES increased its African operations by over 40 percent, says Tim Clark, president of the airline.“Today, Emirates fleet investment in Africa tops $7bn with operating costs of over $2bn. We will add around 10 destinations in the next decade and will continue our investment and commitment to introduce more frequencies ...
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Jettainer hits the big time with US expansion
JETTAINER, a ULD management company, has started operations in the US. Jettainer Americas, based in Delaware, has a strong start with a contract for the global management and maintenance of containers and pallets on behalf of American Airlines.The company intends to open other US branches on the near future, such ...
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Modal shift here to stay, says expert
THE modal shift of freight from air to ocean has few signs of relenting, a maritime consultant suggests.Michel Looten, director of marine at Seabury Group, says shippers have found ways to send by sea many of those goods traditionally flown. Fashion goods have been one of the sharpest examples of ...
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'Flat' first nine months for Lufthansa Cargo
Lufthansa Cargo’s transport figures remained flat in the first nine months of 2014, compared with a slight uptick in worldwide airfreight demand.Freight and mail volumes at the German carrier fell 3.2 per cent to 1.2 million tonnes for the period from January to September.The freight arm “did not meet the ...
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TNT to launch data management for pharma
TNT is introducing TrialDat, a web-based data management tool for the clinical research sector.The international express delivery company said that TrialDat will capture real time end-to-end data on a single platform.TrialDat will be available to all customers from the first quarter of 2015, as part of a wider initiative to ...
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IAG Cargo reports "positive" third quarter
IAG Cargo has reported a “positive third quarter”, with "good load factor improvements" across markets despite an increase in capacity.The cargo arm of British Airways and Spanish carrier Iberia saw third quarter 2014 unadjusted commercial revenue (flown revenue plus fuel surcharges) fall 7.8 per cent to €236m versus €256m for ...
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ANZ and Garuda cleared in Australian cargo cartel case
Australia’s federal court has dismissed air cargo cartel proceedings against Air New Zealand (ANZ) and Garuda Indonesia.The Australian Competition and Consumer Commission alleged that ÁNZ and Garuda were involved in "arrangements or understandings" with other international air cargo carriers to fix fuel, security and insurance surcharges on air cargo services ...
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LAN Cargo adds Basel to LatAm freighter network
LAN Cargo has launched a weekly B777 freighter between Switzerland and Latin America, aimed at the pharmaceuticals sector.The cargo division of LATAM Airlines Group said that the B777F will depart every Monday on an Amsterdam–Basel–Guarulhos (Sao Paulo)–Buenos Aires– Santiago de Chile routing, extending an existing freighter service out of Schiphol ...
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IAG's narrowbody option for European freight
IAG Cargo has launched EuroConnector – a time-definite option for freight into, around and out of Europe that uses narrowbody aircraft capacity.The freight arm of British Airways and Iberia of Spain said that the service will help optimise capacity on its short-haul network. The launch has been timed to coincide ...