All articles by Damian Brett – Page 163
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NewsVolga-Dnepr Group enters the B777F market with first delivery
The Volga-Dnepr Group has entered the B777 freighter market following the delivery of its first aircraft of the type.The aircraft was ordered by Volga-Dnepr in partnership with aircraft lessor Dubai Aerospace Enterprise (DAE) and adds to subsidiary AirBridgeCargo's fleet of B747 freighters."Volga-Dnepr is dedicated to the development and optimal composition ...
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NewsQatar Cargo's '1 million kilos' campaign just the start of sustainability drive
Guillaume HalleuxQatar Airways Cargo’s 1 million kilos project is just the start of a far reaching outreach project that the airline hopes will help reinforce the UN’s Sustainable Development Goals*.The carrier announced its ambitious 1 Million kilos campaign, which was prompted by the Covid-19 outbreak, in mid-July. It will enable ...
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NewsAir cargo demand continues its gradual recovery
The latest figures from CLIVE Data Services show that air cargo volumes continued to climb in July, while load factors for the month remained ahead of last year's levels.Airfreight volumes were 20% down on a year ago in July, but this is an improvement on the drops of 26% (April), ...
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Virgin Atlantic's cargo flights continue as it applies for bankruptcy protection
Virgin Atlantic has confirmed that it will continue its cargo operations after filing for Chapter 15 bankruptcy protection in the US.The airline told Air Cargo News that cargo operations will continue while it goes through the process of securing court approval for its creditor backed restructuring plan.Cargo flights will therefore ...
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NewsAir Cargo Forum the latest event to be cancelled
Tiaca and event organiser Messe München have announced the cancellation of the 2020 Air Cargo Forum (ACF), due to take place in Miami in November.The partners said that they had taken the decision to cancel the event in light of concerns over the health and safety of the ACF exhibitors, ...
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NewsVIDEO: DB Schenker opens record-breaking airfreight facility
DB Schenker has opened its most expensive facility to date: a €101m automated hub catering for the high-speed logistics sector.The forwarder said that the Red Lion warehouse in Singapore is the single largest investment in any site globally in Schenker’s corporate history.The combined airfreight and contract logistics hub is located ...
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Virgin Atlantic files for bankruptcy protection, plans restructuring vote
Virgin Atlantic creditors will vote on the UK carrier’s restructuring plan at a meeting on 25 August after court proceedings in London.The UK carrier secured the order following a 4 August court hearing, held as part of the planned private recapitalisation it announced in July under the UK Companies Act.In ...
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Atlas Air sees share price soar as investors circle
Atlas Air Worldwide Holdings has seen its share price increase rapidly since the start of the year as investors look to benefit from the ongoing capacity crunch.New York-headquartered Atlas Air Worldwide Holdings has seen its share price on the NASDAQ exchange double from $27.73 on January 2 to $55.72 as ...
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NewsVolga-Dnepr's quick O&G turnaround
Volga-Dnepr Airlines has completed a charter flight to deliver of oil & gas equipment for P-cube aviation.Four compressors and two rotors, weighing more than 26 tons, were delivered onboard an IL-76TD-90VD from Singapore to Melbourne (Australia) for urgent repair and maintenance works.The airline processed all flight permits within one day ...
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NewsDHL the latest to report rapid airfreight revenue growth
Deutsche Post (DP) DHL is the latest company to report soaring airfreight revenues as a result of the capacity crunch experienced in the second quarter of the year.The German express and parcels giant saw second-quarter revenues from its airfreight forwarding business increase by 57% year on year to €1.8bn, gross ...
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Expeditors outlines 'intense' and 'unsettled' Q2 for air cargo
Seattle-headquartered freight forwarder Expeditors has described the second quarter as "intense" and "unsettled" as a result of the supply-demand imbalance in air cargo.Summing up the second three months of the year, president and chief executive Jeffrey Musser said that the Covid-19 outbreak has had a significant and widespread impact on ...
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Chapman Freeborn partners with ATC in South America
Charter firm Chapman Freeborn has appointed sales agent ATC Aviation Services as its commercial representative for Latin America.The deal will see ATC sell on behalf of Chapman Freeborn in Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru and Uruguay.The two companies said that co-operation will strengthen their coverage in South ...
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Airfreight rates up as capacity comes under pressure
Airfreight rates from key Asian hubs continued to climb last week as ocean capacity shortages and personal protective equipment shipments pick up.The latest figures from TAC Index show that average airfreight rates from Hong Kong to North America last week climbed for the fourth week in a row as they ...
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Can e-commerce deliver for airlines?
With widespread gloom in the industry about the pace of passenger traffic’s return this year, the cargo market will remain a bright spot for airlines well into 2021, as growth in e-commerce displaces shipments of personal protective equipment as a major opportunity.That is the message from expert panelists in a ...
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NewsUN An-74 badly damaged in Mali landing accident
One of Utair Group’s freighter aircraft, an Antonov An-74 TK-100, has been substantially damaged in an accident at Gao in eastern Mali.The United National Multidimensional Integrated Stabilisation Mission in Mali – known as MINUSMA – said the aircraft was landing at Gao after arriving from the capital, Bamako, at around ...
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NewsCrane Worldwide appoints new CIO as it celebrates 12 years
Brannon KuykendallCrane Worldwide has appointed Brannon Kuykendall as its chief information officer, while it is also about to celebrate 12 years of operations.The forwarder said that Kuykendall has successfully led technology teams ranging from start-ups to Fortune 500 enterprises and has a diverse experience in software development, cyber security, compliance, ...
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US airlines set to boost cargo capacity with PAX seat removals
US airlines could soon be set to be able to remove seats from passenger aircraft in order to boost their cargo-carrying capacity.MRO firm Delta Engineering — no relation to the airline — has applied for supplemental type certificate (STC) approval that would allow it remove seats from a range of ...
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NewsAir France KLM cargo revenues up despite volume decline
Air France KLM saw its cargo revenues grow in the second quarter of the year despite a dramatic drop off in volumes.The French-Dutch airline group recorded a 44.4% year-on-year drop in cargo traffic during the second quarter to 1.2bn revenue tonne kms, but revenues increased by 5.2% on last year ...
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Sara Van Gelder to join Nallian
Sara Van Gelder from the cargo team at Brussels Airport will move to join air cargo software firm Nallian next month.Van Gelder will help airport communities that have adopted Nallian's cloud-based platform to get quick and maximum value from these initiatives.Van Gelder said that she had been instrumental in driving ...
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NewsAirfreight propels 'better than expected' Q2 results for DSV Panalpina
DSV Panalpina saw its airfreight revenues rapidly increase during the second quarter of the year as a result of the coronavirus outbreak and the ongoing integration of Panalpina.The forwarder saw airfreight revenues for the second-quarter increase by 164.2% year on year to DKK12bn, gross profit for its air business was ...