Freighter operators – Page 92
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News
Air cargo demand helps Korean to Q3 operating profit
Air cargo demand helped Korean Air eke out an operating profit of W7.6bn ($6.5m) in the third quarter — its second consecutive profitable quarter since the coronavirus struck — but its overall revenue was down more than half from a year earlier.The W7.6bn operating result for the three months ended ...
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NewsGeodis extends transatlantic freighter flights to meet capacity shortage
Geodis AirDirect TransatlanticFreight forwarder Geodis has continued to expand its use of freighter flights, extending its transatlantic operation into next year.Geodis said its Own Controlled Network (OCN) linking Europe to the US three times per week in each direction would now run throughout 2021.The service will run between Amsterdam Schiphol ...
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News
Cargojet sees Q3 revenues improve on e-commerce demand
Cargojet Inc saw revenues and operating profits improve in the third quarter of the year on the back of increased demand for freighter services and growing e-commerce volumes.The Canada-based aircraft lessor reported a 38.2% year-on-year increase in third-quarter revenues to C$162.3m, while adjusted earnings before interest, tax, depreciation and amortisation ...
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NewsChina Southern to form Boeing 777F cargo unit
China Southern Airlines has applied to the Civil Aviation Administration of China (CAAC) for approval to establish a cargo subsidiary.To be based in Guangzhou, the new carrier, known as China Southern Airlines Cargo, will be wholly owned by China Southern. Neither the CAAC nor China Southern gave any indication of ...
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News
FedEx: Seeking potential beyond Covid-19
For many people, the pandemic may not have been an ideal time to start a new job, but Kawal Preet — who took up her role as president, of Asia Pacific, Middle East and Africa (AMEA) in March — has risen to the challenge.Since starting, she has kept an eye ...
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NewsK+N renews with NAM on Africa freighter deal
Freight forwarder Kuehne+Nagel has renewed its freighter deal with Network Airline Management covering the Africa-Europe trade.The deal has been extended by 12 months covering a minimum of four flights per week from Nairobi, Kenya, to both Liege, Belgium and Doncaster, UK.Network Airline Management provides Boeing 747 Freighter capacity with a ...
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NewsAirBridgeCargo adds new passive pharma ULD
AirBridgeCargo Airlines has expanded its Master Lease Agreement with Sonoco ThermoSafe to include its new Pegasus passive container.The new ULD offers tracking and data capturing, recording everything from temperature to tilt, and can carry pharma shipments up to 998 kg. It maintains the temperature range from 2 to 8 degrees ...
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NewsAntonov utilises AN-124s to fly racing yachts to New Zealand
Offloading in AucklandAntonov Airlines has completed the transportation of three racing yachts from Italy, the UK, and the US, to Auckland, New Zealand in preparation for the 2021 America’s Cup race.The carrier's in-house engineering team worked to ensure the safe loading of the 22.8-metre-long, 4.9-metre-wide AC75 class yachts on board ...
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NewsYTO adds Singapore freighter operation for Cainiao
Chinese express carrier YTO Cargo Airlines has launched a thrice weekly service between Singapore and Hangzhou as partner Cainiao continues to push for faster e-commerce deliveries.YTO Cargo Airlines said a direct airfreight route between Hangzhou and Singapore will improve Alibaba's logistics arm Cainiao’s "stability and efficiency" in achieving its goal ...
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News
Air France KLM sees cargo revenues improve despite volume decline
The Air France KLM Group (AFKLMP) continued to see an improvement in cargo revenues during the third quarter despite a decline in volumes.The airline group registered 31.7% year-on-year increase in cargo revenues during the quarter, while cargo volumes dropped 20% compared with last year to 220,000 tons.As a result of ...
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News
Blue Dart sees profits rise in Q2
India’s Blue Dart Express handed its staff a $352 bonus after posting a ₹414m ($5.6m) profit after tax for its fiscal second quarter 2020, a 196% increase on the ₹140m ($1.9m) in the same period of 2019.Blue Dart, which is preparing for the logistics of distributing a Covid-19 vaccine, saw ...
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NewsABC B747-8F transports lengthy cargo
AirBridgeCargo Airlines (ABC) has partnered with TVS SCS / Pan Asia Logistics Germany to transport equipment, measuring 16 m in length, from Frankfurt to Zhengzhou.The lengthy cargo, which weighed almost 16 tonnes, is being used in a power transmission project in China.ABC used its XL team, which specialises in transporting ...
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News
Asian volumes boost UPS in Q3
Strong outbound demand from Asia helped fuel a 15.9% increase in third quarter 2020 consolidated revenues for UPS to $21.2bn.The US-headquartered global parcels and logistics giant saw third-quarter consolidated average daily volume increase 13.5% year over year, while operating profit was $2.4bn, up 11% compared to last year’s third quarter.Said ...
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NewsAstral adds first B767F through ATSG deal
African cargo airline Astral Aviation has expanded its fleet to include B767F aircraft through a deal with lessor ATSG.A B767-200 converted freighter was delivered to Astral by ATSG's Cargo Aircraft Management subsidiary under a five-year lease. This is the first aircraft ATSG has leased to Astral, as well as the ...
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News
Senator establishes US Midwest base at RFD
German shipping firm Senator International has named Chicago Rockford International Airport (RFD) as its US Midwest hub.The company has been operating its own transatlantic cargo flights, known as its Senator Atlantic Bridge (SAB) since 2016 and it recently launched a twice-weekly service to RFD "offering a new and much needed ...
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NewsKalitta Air to become first operator of converted B777 freighter
Kalitta Air will become the first airline to operate Boeing 777-300ERSF converted freighters after signing an agreement with lessor GECAS Cargo.The US cargo airline has signed a deal for three of the B777s, which will be the world's largest twin-engine freighter, with the aircraft due to be delivered in 2023.The ...
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NewsFirst A321 conversion enters service
The first A321 freighter converted by Elbe Flugzeugwerke (EFW) has begun commercial operations with Qantas for Australia Post.The ‘head of version’ A321-200 converted freighter (MSN 835) began flying for Qantas on October 27 after it was re-delivered to its owner, lessor Vallair in September."Both milestones marked the completion and ‘birth’ ...
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NewsDHL Express braces for 'historical' peak season
DHL Express is predicting "unprecedented" levels of online shopping and shipping volumes during the upcoming peak season and is preparing its business accordingly.The express firm said that it had already experienced around 35% e-commerce volume growth in 2020 in its network and added that the upcoming peak season will further ...
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NewsEmirates SkyCargo DWC facility to re-open as vaccine hub
Emirates SkyCargo will re-open its SkyCentral DWC cargo terminal as a dedicated airside cargo facility for the launch of a Covid-19 vaccine.The freight division of Emirates has also set up a "dedicated rapid response team" to coordinate requests from the various partners involved in the vaccine distribution and to "streamline ...
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News
Cainiao expands air charter operation ahead of 11.11 e-commerce event
Alibaba's logistics arm Cainiao Smart Logistics Network will ramp up its use of charter flights as it prepares for the world's biggest shopping event.The company has announced several initiatives to ramp up its global logistics infrastructure, in anticipation of "explosive growth" in e-commerce parcel volume during the upcoming 11.11 shopping ...