All articles by Damian Brett – Page 6
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News
IAG Cargo positive as winter schedule adds Africa, Middle East and Americas flights
Photo: IAG CargoIAG Cargo will be able to offer additional capacity to the Middle East, Africa, US and Latin America from the end of this month as its partner airlines add new flights for the winter season.The new schedule will see IAG Cargo deliver a 5% increase in weekly rotations ...
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LATAM and Delta expand partnership on pharma transport
Source: LATAM CargoLATAM Cargo and Delta Cargo are ramping up their partnership on pharma transport with the addition of new stations to the network.The two companies are working together to integrate their pharma networks as part of a wider joining venture between the carriers and have recently added more pharma ...
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Air Charter Service sees China demand take off
Wanny Wu and James Royds-Jones. Source: Air Charter ServiceAir Charter Service's (ACS) China offices have had a bumper year in terms of charter numbers and revenues as the company benefits from a recent re-organisation and general market growth.ACS said that its Greater China offices had a "remarkable" first nine months ...
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Egyptair Cargo selects Unilode for ULD management
Credit: InsectWorld/Shutterstock.comEgyptair Cargo has signed up Unilode to provide ULD management, repair and digital services.The long-term deal covers the carrier's ULD requirements for its freighter aircraft and the cargo-carrying capacity of its sister passenger airline.Unilode will supply digitalised PMC and PAG pallets from its global pool to Egyptair Cargo, and ...
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Mixed performance for Hong Kong air cargo rates in October
Credit: tratong/ ShutterstockAirfreight rates on the transpacific trade were on the slide in October but increased as the month progressed, while prices to Europe continued to improve.The latest figures from the Baltic Exchange Airfreight Index (BAI) calculated by TAC Index show that average rates – both spot and contract – ...
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Lufthansa Cargo sees profits improve in Q3
Source: Lufthansa CargoLufthansa's logistics division reported rising revenues and operating profits in the third quarter of the year as capacity was added and yields were on the up.The division, which includes Lufthansa Cargo, time:matters, Jettainer, HeyWorld and a 50% stake in AeroLogic, saw third-quarter revenues increase 16% year on year ...
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CHAMP launches new multicarrier API connection service
Photo: Travel mania/ ShutterstockAir cargo software company CHAMP Cargosystems has launched a new service that allows forwarders and shippers to directly connect with more than 25 airlines.The Traxon Multi-Carrier API will allow forwarder and shipper users to compare availability and pricing and make bookings across multiple airlines."The new service reaches ...
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Kuehne+Nagel predicts a muted air cargo peak season
© 2024 Kuehne+Nagel. All rights reservedKuehne+Nagel is expecting a muted peak season this year due to customers "front-loading" volumes to avoid potential disruption.Following the announcement of its third-quarter results, the world's largest forwarder provided its perspective on the coming air cargo peak market.The company is expecting its air cargo volumes ...
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Scan Global Logistics adds Ireland presence
Source: SGLFreight forwarder Scan Global Logistics (SGL) has continued its ongoing expansion with the opening of its first office in Ireland.The Denmark-headquartered forwarder said the new Dublin office would help strengthen its presence on the transatlantic trade lane."Ireland is a key market for us. Its proximity to major trade lanes ...
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Virgin resurrects cargo-only Brussels flights
Source: Virgin Atlantic CargoVirgin Atlantic will resurrect its cargo-focused flights between Heathrow and Brussels, this time utilising passenger aircraft to carry cargo.Today, the UK carrier announced the addition of daily flights to Brussels using its Airbus A330-300 and Airbus A350-1000 aircraft.The flights will start on October 27 and run until ...
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UPS profits and revenues improve in Q3
Source: UPSUPS registered improvements in its revenues, operating profits and net profits in the third quarter of the year as volumes returned to growth.The express giant saw its revenues for the third quarter increase 5.6% year on year to $22.2bn, while operating profits were up 47.8% to $2bn and net ...
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Hong Kong airfreight market outlook weakens but busy peak still expected
Source: Supakitswn/ shutterstock.comThe market outlook of Hong Kong airfreight traders has weakened in recent months but the peak season is still expected to be busy.The fourth quarter DHL Air Trade Index dipped by six percentage points compared with the third quarter survey to reach 35.2 points, with a decline of ...
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Americas and Europe cargo revenues lag overall market performance
Image source: ShutterstockAirline cargo revenues from the Americas and Europe have come under pressure this year despite the overall market benefitting from rate and volume increases.Research from data provider WorldACD shows that in the first nine months of the year, cargo volume increases from Europe and the Americas were not ...
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Tiaca partners with KSI Airport to promote air cargo in Saudi Arabia
Source: TIACASupply chain association TIACA has signed a Memorandum of Understanding (MoU) with King Salman International Airport (KSIA) to help develop air cargo in Saudi Arabia.The MoU will see Tiaca work with the airport on promotion, training, innovation and sustainability.On training the two partners will connect TIACA's training programmes with ...
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Cargo demand rises at Cathay and HKIA as 'robust' peak nears
Source: Cathay CargoCathay Pacific noted a pick-up in cargo demand in September and the airline is predicting a robust peak season.The Hong Kong-based carrier said that cargo tonnage in September increased by 7% compared with August and was up 11% compared with last year to 133,079 tonnes.The month-on-month increase comes ...
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Emirates to expand freighter fleet with order for more 777Fs
Photo: Emirates SkyCargoEmirates SkyCargo has announced an order for more Boeing 777 freighters that will be used to expand its all-cargo fleet.The Dubai-headquartered airline has placed a firm order for five 777Fs, on top of its existing order for nine of the model.The aircraft will be used to expand its ...
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Dux Logistics appoints new sales manager for France
Source: Dux LogisticsBrazil-headquartered Dux Logistics has appointed Tiago Pauvarel as sales manager for its business unit based in France.Pauvarel has 15 years of experience in sales and operations, having worked for several global coordination companies.According to his LinkedIn profile, this included stints at Bolloré Logistics, CH Robinson, DB Schenker and ...
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Supply chains face new incendiary threat
Credit: tratong/ ShutterstockSupply chains are facing disruption caused by the new threat of incendiary devices being placed on aircraft.Following the discovery of incendiary devices in European parcel networks, Airforwarders Association executive director Brandon Fried warned that this new threat has implications for global supply chains and international economies.He said that ...
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Etihad Cargo looks to benefit from passenger network expansion
Photo: Etihad CargoEtihad Cargo is hoping to benefit from an expansion of the airline's passenger network in the coming winter season.From November, the carrier is planning to increase its passenger network to more than 900 flights per week.This includes increased belly capacity to existing destinations across South Asia, Southeast Asia, ...
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Van Der Stichele appointed by Avico
Pierre Van Der Stichele. Source: Air PartnerAircraft brokerage firm Avico has appointed air cargo stalwart Pierre Van Der Stichele to its cargo and aircraft, crew, maintenance and insurance (ACMI) team.Van Der Stichele, who takes the role of managing director, joins from Air Partner where he was vice president of cargo. ...