All articles by Damian Brett – Page 67
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News
Kales positive on new carrier Norse Atlantic's expanded network
GSA Kales Group is hopeful the expansion of the recently launched Norse Atlantic's network will help boost bellyhold volumes.In February the carrier revealed plans to add six new flights from Gatwick airport in the UK.Flights to Washington six times per week will launch on June 1, daily flights to Los ...
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News
Milwaukee Mitchell International Airport plans new cargo facility
Source: CBREMilwaukee Mitchell International Airport (MKE) is planning to develop a new air cargo facility as it aims to develop as an alternative to congested gateways.The South Cargo Logistics Hub project will be handled by real estate firm CBRE and developed by investment company Crow holdings on behalf of MKE.The ...
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News
ANA to take over Nippon Cargo Airlines
NYK has entered into an agreement to transfer all shares in B747 freighter operator Nippon Cargo Airlines (NCA) to All Nippon Airways Holdings (ANA).The shipping group said that it had made the decision due to the ongoing cost of running the cargo airline."The continuous introduction of new aircraft to expand ...
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News
Cargojet reduces B777 conversion plans on weaker outlook
Cargojet is cutting the number of B777 freighter aircraft it plans to convert into freighters due to the weakening economic outlook.In announcing its full-year results, the Canadian freighter operator said that for now, it would now only pursue four of eight previously announced B777 freighter conversions as it curtails capital ...
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News
SriLankan Airlines looks to partnerships, digital and e-commerce in tough cargo conditions
Chaminda Perera, SriLankan Airlines. Source: SriLankan AirlinesSriLankan Airlines is hoping to capitalise on e-commerce flights to China, interline partnerships and digitalisation to combat tough air cargo market conditions.Speaking to Air Cargo News, SriLankan Airlines general manager cargo Chaminda Perera said that the export market from Sri Lanka is affected by ...
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News
Brussels and Changi partner on cargo
Lim Ching Kiat (L), Changi Airport Group and Geert Aerts, Brussels Airport Company. Source: Changi AirportBrussels Airport Company (BAC) and Changi Airport Group (CAG) have signed a Memorandum of Understanding (MOU) to partner on a variety of cargo projects.The partnership will see both airports take on initiatives covering pharmaceutical logistics ...
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News
Airlines launch legal challenge to Schiphol flight limits
The KLM Group, Delta Air Lines, Corendon, easyJet, TUI and IATA have launched a legal challenge against the Dutch government's plans to reduce flights from Amsterdam Schiphol Airport.The Dutch government last month announced it would reduce Schiphol's capacity from 500,000 to 460,000 flight annual movements, with the ultimate goal of ...
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Insights
Supply chain spotlight: Inflationary pressures hit UK economy
An ongoing challenge to the smooth passage of trade throughout 2022 was the strike action at Felixstowe and Liverpool ports, running from August to October, which caused disruption to supply chains across the country.This disruption has continued into the beginning of 2023, where consumer activity has dropped and as a ...
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Insights
Putzger perspective: Air cargo navigates stormy skies
Recent months have been relentlessly tough to navigate for air cargo carriers, as imploding demand has yanked rates and yields out of the stratosphere to levels last seen before the pandemic.The reverberations are taking a toll on capacity expansion, as operators are having second thoughts on their anticipated need for ...
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Insights
TIACA tackles people and pollution
Trade organisation TIACA is hoping to take a lead when it comes to reducing the emissions generated by air cargo and attracting the next generation of employees.Sustainability is a delicate balancing act for the air cargo industry: maintaining global supply chains while cutting carbon emissions to meet aviation’s net zero ...
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Insights
Asia-Europe air cargo market still in recovery
The Asia-Europe trade lane has been buffeted by weakening demand and the outbreak of war in Ukraine over the last 12 months but there are some opportunities to be found.Air cargo capacity on the Asia-Europe route increased marginally (+3%) from the fourth quarter of 2021 to fourth quarter of 2022, ...
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News
Lufthansa Cargo not expecting overcapacity on Asia-Europe
Lufthansa Cargo is not expecting cargo capacity to flood the Asia-Europe trade over the coming year due to the extra distance airlines will need to travel to avoid Russian airspace and as older tonnage leaves the market.Speaking on the day the cargo business announced record operating profits for the third ...
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News
Lufthansa Cargo reports third year of record operating profits
Lufthansa Cargo reported record revenues and operating profits last year despite volumes being flat on 2021 levels.Lufthansa's logistics division, which includes Lufthansa Cargo, Jettainer, time:matters, HeyWorld and a 50% stake in AeroLogic, last year saw revenues increase by 22% year on year to €4.6bn while earnings before interest and tax ...
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News
UPS expands at Changi Airport as it targets e-commerce
Source: UPS. Photo: RENDY ARYANTO/VVS.sgUPS has expanded its operations hub at Changi Airport as it looks to meet growing e-commerce demand following the pandemic.The hub has been increased in size by 25% to allow the company to process 40% more import packages. Export processing capacity meanwhile is boosted by 45%, ...
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News
Kuehne+Nagel targets growth in Africa with new cluster
Kuehne+Nagel is targeting growth in Africa with the formation of a new cluster to be headed by Alexandre Muratore.The new West Africa cluster will include Senegal, Nigeria, Ghana, Ivory Coast, Guinea, Burkina Faso, Gambia, Sierra Leone, Liberia, Togo, Benin, Mauritania and Guinea Bissau.Muratore, who will be based in Abidjan, will ...
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News
Air cargo continues aid efforts for Turkey-Syria earthquake
A 7.8 magnitude earthquake struck close to the Turkish city of Gaziantep on the Syrian border on February 6, causing extensive casualties and deaths as well as damage to buildings and infrastructure.The air cargo industry quickly swung into action to transport aid destined for the devastated region and efforts are ...
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News
Perishable transport trials to be used for best practice guidance
The Cool Chain Association (CCA) will draft best practice handling procedures for perishables based on a series of trials that track exports from the farm to the table.The trails, which were undertaken by CCA partner the Perishable Products Export Control Board (PPECB), tracked Sunshine Conebush flower consignments packed on-farm in ...
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News
American Airlines Cargo appoints Fau in France
Clement Fau. Source: American Airlines CargoAmerican Airlines Cargo has appointed Clément Fau as its new country sales manager for France.Fau will be based at the airline’s French headquarters at Paris Charles de Gaulle airport (CDG) and will lead the carrier’s sales team activities across the country.He reports into Emma Oliver, ...
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News
K+N reports record air volumes and revenues despite weakening market
Kuehne+Nagel has reported record airfreight volumes and revenues for 2022 despite performance weakening in the second half of the year.The world's largest airfreight forwarder reported a full-year air revenue increase of 7.6% year on year to Sfr12.4bn, earnings before interest and tax (ebit) for its air business was up 20.7% ...
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