Freighter operators – Page 35
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News
FedEx to consolidate operating companies to cut costs
Express giant FedEx has unveiled plans to consolidate its various divisions as part of efforts to generate cost savings of $4bn.The company intends to bring FedEx Express, FedEx Ground, FedEx Services, and other FedEx operating companies into the Federal Express Corporation, becoming a single company operating a "unified, fully integrated ...
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News
Court blocks move to cut Schiphol flights
A Dutch court has blocked moves to limit the number of flights allowed at Schiphol Airport following a legal challenge by IATA and a group of airlines.The Dutch government had been hoping to reduce Schiphol’s capacity from 500,000 to 460,000 flight annual movements as part of efforts to reduce noise ...
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NewsFirst Airbus A350 freighter parts produced
Development of Airbus' new A350 freighter aircraft is in full swing with the first parts for the Centre Wing Box (CWB) already produced at Airbus Atlantic in Nantes, France.Airbus said in a press release on April 4 that the first metal-cuts for the A350F have taken place, "with the machining ...
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News
Air cargo demand slides again but beats pre-pandemic levels
Air cargo demand slipped again in February but exceeded pre-pandemic levels for the first time in eight months.The latest statistics from IATA show that demand in February fell 7.5% year on year in cargo tonne km (CTKs).However, CTKs for the month were up 2.9% compared with February 2019 levels. The ...
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News
SpiceJet hives off its air cargo business
Indian low-cost carrier SpiceJet has finally spun off its SpiceXpress freighter business as it looks to grow the company.SpiceJet said that SpiceXpress became a standalone entity on April 1 through a slump sale worth around Rs25bn.The airline will retain a 98% shareholding in the freighter operator with the remaining 2% ...
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NewsAeronaves TSM continues expansion with CRJ200 freighters
Source: AEIMexico-based Aeronaves TSM is continuing the expansion of its fleet with the addition of CRJ200 freighters.The freighter operator has signed a deal with Aeronautical Engineers, Inc. to convert six CJR200s into a freighter configuration.The modifications for all the aircraft are being performed by the authorised AEI Conversion Center, Commercial ...
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NewsLufthansa Cargo to add new intra-European services
Source: Lufthansa CargoLufthansa Cargo will in April expand its intra-European network with the addition of three new destinations.The carrier will add Larnaca, Athens and Milan to its network to expand its intra-European offering to 12 destinations and more than 50 flights per week.The service from Frankfurt to Larnaca and Athens ...
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NewsMaersk Air Cargo launches new US-China flights
Photo: MaerskMaersk Air Cargo has introduced two new US-China routes as it continues to expand its global operations.The airline will operate two weekly flights between Greenville-Spartanburg International Airport and Shenyang Taoxian International Airport, and two weekly flights between Chicago Rockford International Airport and Hangzhou Xiaoshan International Airport.Both services will be ...
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NewsCainiao partners with Shenzhen Airport and Atlas Air to advance air cargo
Photo: AlibabaCainiao Network has partnered with Shenzhen Bao’an International Airport to establish an air cargo centre and expanded its partnership with Atlas Air to launch more international chartered cargo flights from Shenzhen.The new flights from Shenzhen, China to São Paulo, Brazil, will operate twice a week, with a loading capacity ...
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NewsASL expands into Australia with Pionair acquisition
ASL Aviation Holdings has acquired freighter operator Pionair as it expands into Australian and Oceania marketsACMI provider Pionair has five main bases in Australia - Sydney, Melbourne, Adelaide, Brisbane and Cairns - and has a focus on the express and e-retail sectors.Its fleet consists of 12 aircraft including Embraer E190-E2’s ...
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NewsBolloré targets Hainan duty-free retail market with charter flights
Source: BolloréBolloré Logistics has added a new charter service to Hainan to cater for the island's duty-free shopping demand.The weekly service was launched after the logistics operator signed a cooperation agreement with the Hainan Provincial Bureau of International Economic Development (IEDB) and Haikou Comprehensive Bonded Zone Management Committee.The service will ...
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Insights
Putzger perspective: Freighters lose altitude
Since late spring last year, truckers and ocean carriers have been wondering where the bottom of the market is as demand and rates continued to spiral downward.Now a growing number of players in the freighter market are concluding that it’s time to cut back.Management of shipping line NYK no longer ...
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InsightsLufthansa holds hope for a “good year”
Lufthansa Cargo is optimistic about its business prospects for this year with fleet and digitalisation investments continuing to shore up its growth goals.“Lufthansa is back” declared chief executive Carsten Spohr as the German airline announced record group operating profits of €1.5bn for 2022, the biggest financial turnaround in the carrier’s ...
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NewsTexel Air freighter begins operations in New Zealand for Parceline Express
Photo: Texel AirTexel Air Bahrain has deployed a Boeing B737-300 freighter to Auckland, New Zealand to operate charter services for Parceline Express, a subsidiary of Freightways and New Zealand Post.The freighter arrived in Auckland on Friday March 31 and will fly on a Auckland - Christchurch - Auckland route.Texel Air ...
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News
PT Rusky Aero Indonesia signs AerCap lease for 737-800BCFs ahead of launch
Lessor AerCap has signed lease agreements for two 737-800 Boeing Converted Freighters (BCF) with new cargo airline, PT Rusky Aero Indonesia, operating as Raindo United Services.The first passenger-to-freighter conversion will be completed by Boeing Shanghai Aviation Services Co. Ltd. (BSAS), and the second by Taikoo (Shandong) Aircraft Engineering Co. Ltd. ...
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News
AirBridgeCargo set to return later this year
Reports from Russia suggest that freighter operator AirBridgeCargo could re-launch services after a year of inactivity.Russian publication RBC reports that the Volga-Dnepr group carrier is aiming to restart operations after acquiring two Russian-made Il-96-400T freighters.Photos of one of the aircraft with an AirBridgeCargo livery has been posted on the Telegram ...
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News
Cainiao set for an IPO?
Just days after e-commerce giant Alibaba announced plans to split its business up, reports are circulating that its logistics unit could be set for an initial public offering (IPO).Bloomberg yesterday reported that Alibaba's logistics arm, Cainiao, is holding talks with banks over a potential IPO in Hong Kong.Quoting people familiar ...
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News
Cathay Cargo remains positive in its outlook despite mixed signals
Cathay Cargo has reported a "slow climb" in demand following the Lunar New Year but is hopeful of a pickup in the second and third quarters despite conflicting signals.Cathay Pacific vice president cargo Americas Fred Ruggiero said that the year started quietly after a slow return to work on the ...
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News
Wickler to step down as Cargolux chairman
Christianne Wickler will step down from her position as chairman of the board of Cargolux Airlines in April.Wickler will leave the role after two years at the airline's annual general meeting on April 26.Cargolux said that her decision to vacate the position would allow her to devote more of her ...
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NewsLufthansa Cargo's Ashwin Bhat to be new chief executive
Ashwin Bhat. Photo: Lufthansa CargoLufthansa Cargo has selected chief commercial officer Ashwin Bhat to be its new chief executive.He is due to take up the chief executive position on April 15, and in his new role he will will continue to be responsible for product and sales.This follows current chief ...