All Freighter Operator articles – Page 183
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News
Atlas Air Worldwide completes Southern Air acquisition
Atlas Air Worldwide Holdings has completed its acquisition of Southern Air Holdings in a deal worth $110m.The deal, which was funded with cash on hand, was first announced in January this year but was finally completed today.Atlas said the deal would provide it entry into the Boeing 777 and B737 ...
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NewsAirfreight demand and load factors take a tumble in February
Air cargo demand and load factors slipped in February but figures are skewed by strikes at US seaports last year and the date of the Chinese New Year.The latest IATA figures show that freight tonne kms (FTKs) slipped by 5.6% year on year in February while capacity was up by ...
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News
CargoLogicAir to fly Beirut freighter for ABC
AirBridgeCargo Airlines (ABC) is furthering its partnership with UK-registered CargoLogicAir (CLA) by launching a weekly Boeing 747 Middle East freighter link to Beirut out of London-Stansted via Amsterdam.The Beirut service is due to begin on April 17 and extends the operational contacts between Stansted-hubbed CLA and Russian-owned ABC.CLA conducted its ...
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News
Emirates launches MD-11 freighter to Phnom Penh
Emirates Skycargo has launched a weekly freighter service to Phnom Penh, the capital of Cambodia, becoming the Middle East carrier’s thirteenth all-cargo destination in the Far East.The Dubai-hubbed operator will start the service with a leased MD-11 freighter aircraft, providing dedicated outsourced capacity for 80 tonnes of cargo. The aircraft’s ...
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News
Aircraft orders monthly: Pegasus and Air India place orders in March
Each month Air Cargo News analyses the latest aircraft orders, both passenger and freighter.Pegasus Airlines orders five 737sTurkish low-cost carrier Pegasus Airlines and Boeing have finalised an order for five Next-Generation Boeing 737-800s in a deal valued at approximately $505m based on expected list prices at delivery.Pegasus Airlines and its ...
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News
Volga-Dnepr powers up on Chapman Freeborn mission
Moscow-headquartered Volga-Dnepr Airlines has flown a 19-ton welding system as part of a larger shipment delivered to Malaysia on behalf of air charter broker Chapman Freeborn.The cargo was needed to support repairs being made at one of the country’s biggest electricity power stations, a facility that provides electricity to the ...
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News
Qatar launches cargo app
Qatar Airways has launched a new QR Cargo app to answer queries on freighter and passenger flight schedules, shipment tracking, charter service requests, office contact details and product descriptions.It is also linked to Qatar’s CROAMIS system (Cargo Reservations, Operations, Accounting and Management Information System), giving real-time updates for each logistic ...
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News
ABC increases Singapore services with third weekly B747 freighter
AirBridgeCargo Airlines (ABC) is adding a third weekly Boeing 747 freighter flight to Singapore.The new Friday frequency is to satisfy growing customer demand and will offer onward connections to Hong Kong and to points across ABC’s global route network, said the Russian-owned cargo carrier.The airline launched twice-weekly services to and ...
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News
Air China Cargo sees yields tumble in 2015
Air China Cargo saw yields and load factors come under pressure last year but managed to maintain profitability.The cargo arm of Air China saw demand increase by 15.2% last year, one of the highest growth rates in the industry, to 6.6bn revenue freight tonne km (RFTK), while capacity was up ...
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NewsAsian air cargo carriers record weak Chinese New Year period
Asian airlines saw airfreight demand decline in February after a weak Chinese New Year period and comparisons were affected by a boost in demand last year due to port strikes in the US.The latest airline data shows that all six Asian airlines monitored in Air Cargo News’ monthly report saw ...
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News
Airbus stalwart Didier Lenormand sets up Phoenix Aero Consult
Airbus stalwart Didier Lenormand is leaving the European airplane maker after 38 years but instead of retiring he has set up Phoenix Aero Consult, a network of air cargo experts.Lenormand, who helped develop Airbus’ cargo footprint in the global market, has some 20 years’ experience in dealing with Asia and ...
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News
TFI Holdings renews overnight air cargo deal with Cargojet
Logistics company owner TFI Holdings has renewed its overnight air cargo contract with Cargojet Airways for a further three years.The new multi-year contract, which includes two one-year renewal options, will see Canada-based Cargojet provide TFI, through its TransForce parent, access to its domestic overnight network between fourteen major cities across ...
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Straightline eyes $480m deal for up to 12 hybrid airships
Straightline Aviation (SLA) has signed a letter of intent (LOI) to purchase up to 12 Lockheed Martin Hybrid Airships with a potential value of $480m. UK-headquartered SLA, set up by ex-Virgin Group senior managers to act as an owner-operator of craft that do not need mooring towers or runways, is ...
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News
FAA expects US all-cargo carriers to grab marketshare from belly rivals
The US Federal Aviation Administration (FAA) expects US air cargo carriers will record 3.5% per year demand increases over the next 20 years and that the country’s all-cargo carriers will continue to win marketshare.In its annual market review and forecast, the FAA said air cargo demand at US carriers increased ...
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NewsCargolux sees 2015 profits soar but revenues slide
All-cargo airline Cargolux saw profits and airfreight volumes surge in 2015 but revenues and load factors declined.The Luxembourg-based airline saw profits increase to $49m in 2015 compared with $3m in 2014, while demand jumped by 8.7% year on year to an estimated 6.9bn freight tonne km.It is the third year ...
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News
Volga-Dnepr transports 14-tonne trailer using Ilyushin freighter
Volga-Dnepr Airlines recently transported a 14-tonne multi-wheel trailer and 30 tonnes of specialist equipment that was needed to repair Russia’s only natural gas liquefaction plant, Sakhalin-2.The transportation project required operations using Antonov-124-100 and Ilyushin-76TD-90VD freighters from the airline’s fleet to move equipment from Kuala Lumpur, Malaysia, and Moscow to Yuzhno-Sakhalinsk ...
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News
ABC reports double-digit air cargo demand growth for February
AirBridgeCargo Airlines (ABC) has again reported above market growth in its monthly airfreight volumes, with strong demand increases recorded on its transatlantic services.The Russian airline recorded a 15% year-on-year increase in air cargo demand in February to 37,000 tonnes.While the weight of cargo carried increased at double-digit levels, the distance ...
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News
Saudia Cargo expects yield pressure to continue in 2016
Saudia Cargo believes further yield pressure and belly cargo capacity additions will be the main challenges faced by the air cargo industry in 2016.Speaking to Air Cargo News, Saudia Cargo vice president commercial Rainer Mueller said: “For us as a true air cargo operator and running 16 freighters, the main ...
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News
B767F joins Raya Airways fleet
Malaysian cargo airline Raya Airways has taken delivery a B767-200 freighter, the first of the type aircraft under Malaysian registration.The twinjet brings the Raya Airways fleet up to four freighters, joining two B727-200Fs and one B757-200F, and is part of an ambitious expansion plan by the carrier to serve Shanghai, ...
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News
Lufthansa Cargo names new area managers
Lufthansa Cargo has appointed new area managers for its Europe & Africa and the Americas regions, as well as a new head of global handling management.On June 1 this year, Achim Martinka will take charge of sales and handling in the Europe & Africa region, succeeding Carsten Wirths.Since October 2010, ...