Freighter operators – Page 86
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NewsEmirates SkyCargo marks a year of PAX-freighter flights
Emirates SkyCargo operated its first passenger freighter flight a year-ago today.The Dubai-hubbed carrier said that on March 16 2020, a Boeing B777-300ER passenger aircraft took off from Dubai and flew to Kuwait carrying only 34 tonnes of cargo.It was the first time that Emirates had operated a cargo only flight ...
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NewsPicture special: Take-off for CMA CGM Air Cargo at Liege
New market entrant CMA CGM Air Cargo on March 13 operated its first flight.The inaugural flight of the shipping group's air cargo subsidiary took off from Liege Airport in Europe and headed across the Atlantic to Chicago O'Hare in the US utilising one of its Airbus A330-200 freighters.A second Airbus ...
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Pandemic freight demand assists pared-back CargoLogicAir
Freight activity catalysed by the pandemic helped UK-based CargoLogicAir last year to improve on a weak performance in 2019, the company has disclosed.The carrier – linked to Russia’s Volga-Dnepr Group – ran into problems in 2020 and sought a temporary suspension of its operating licence, which was subsequently restored in ...
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Qatar Cargo offers discounts to local manufacturers
Qatar Airways Cargo will offer offer discounted rates to local Qatari manufacturers that are clients of Qatar Development Bank (QDB).The special discount is available to more than 350 Qatari exporters – QDB clients – that wish to export their locally made products on Qatar Airways Cargo flights.The two partners said ...
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NewsIcelandair to add B767 freighters through Titan deal
Icelandair is selling two B767-300ER aircraft to Titan Aircraft Investments (TAI) that will be converted into freighters and leased back to the airline.TAI, which is a joint venture between Atlas Air-owned Titan Aviation Holdings (TAH) and Bain Capital Credit, said that following conversion, the aircraft would be placed on long-term ...
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Positive cargo revenues for Cathay as group makes an overall loss
Hong Kong-based Cathay Pacific Group has highlighted the performance of its cargo division in its full-year 2020 financial results, as its overall performance was hit by the effects of the pandemic.The group posted an operating loss of HK$18.1bn last year; in 2019, it achieved profits of HK$3.4bn. Group revenues declined ...
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Amazon takes stake in ATSG
Amazon Air has taken a $132m stake in lessor and cargo aircraft operator Air Transport Services Group (ATSG).Amazon is exercising warrants that it has held since 2016 and 2018 to acquire 13.5m shares in the cargo airline, paying $9.73 per share, ATSG says in a filing with the Securities and ...
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FedEx invests $2bn in sustainable technologies
US cargo carrier FedEx is investing more than $2 billion as part of an effort to achieve carbon-neutral operations across its global network in 20 years.The Memphis, Tennessee-headquartered company says on 3 March it is focusing on three areas to achieve this goal: vehicle electrification, sustainable fuel and carbon sequestration.“We ...
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NewsAntonov Airlines and Rhenus team up to transport rotor for repairs
Antonov Airlines recently transported a bladed rotor, which is typically used in power generation, from Ghana to India and back again.The task involved the carrier and Rhenus Project Logistics USA — both members of The Heavy Lift Group (THLG) — chartering one of Antonov Airlines' AN-124 aircraft to carry the ...
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Lufthansa Cargo expects a good 2021 and rates to ease in H2
The newly appointed chief executive of Lufthansa Cargo, Dorothea von Boxberg, is expecting another good year in 2021 but adds that rates are likely to cool in the second half.Lufthansa Cargo yesterday announced a record adjusted operating profit of €772m, more than double the previous record of €342m in 2010.The ...
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NewsAstral Aviation selects Sharjah Airport as Middle East hub
Kenya-headquartered freighter operator Astral Aviation has selected Sharjah Airport as its Middle East hub as it expands its operations in the region.The hub, chosen for its "strategic location" — as well as its facilities for general cargo, perishables and pharma handling — is the Astral's third. The carrier also has ...
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NewsAtran and AirBridgeCargo move engines from Russia to France
Atran airlines and AirBirdgeCargo (ABC), both part of Volga-Dnepr Group, have transported aircraft engines from Yakutsk, Russia, to Paris, France.The carriers said the task of transporting the two PW123 Pratt & Whitney engines for Bombardier Q-300 aircraft — weighing a total of 1,520kg — was “complex” and demonstrated its Cargo ...
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NewsLufthansa Cargo announces record profits and another B777F
Dorothea von Boxberg Credit: Lufthansa CargoLufthansa's air cargo business reported record operating profits last year and has also announced plans to add another Boeing 777 freighter to its fleet.The Lufthansa Logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and its equity investment in AeroLogic, saw earnings before interest and tax ...
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NewsVolga-Dnepr Airlines and LEJ set up emergency logistics hub
Volga-Dnepr Airlines and Leipzig/Halle Airport (LEJ) have signed a Memorandum of Understanding (MOU) to establish an emergency logistics hub for humanitarian tasks.Through the agreement, LEJ will offer some of its warehousing facilities for the storage of emergency cargo, while Volga-Dnepr will offer its aircraft for humanitarian operations.Both parties will strategically ...
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NewsMacquarie AirFinance orders conversions to meet express demand
AEI B737-800SFAircraft lessor Macquarie AirFinance will convert four of its B737-800SF aircraft through Aeronautical Engineers, Inc as it looks to capitalise on growing e-commerce demand.The company said that it made sense to extend the life of its B737-800 aircraft through conversion.John Willingham, chief executive of Macquarie AirFinance, said: “We are ...
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Conversion market takes off but prices remain static
The freighter fleet has grown "strongly" since May last year with more than 200 all-cargo aircraft additions, according to consultant IBA.Figures from IBA's Insight.iQ platform show that the active fleet of narrowbody freighters has grown by 61 to 625, the midsize widebody fleet is up by 80 to 624 and ...
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Cainiao and Saudia Cargo team up on Asia-Europe flights
Alibaba's logistics arm, Cainiao Smart Logistics Network, and Saudia Cargo are teaming up on five weekly flights from Hong Kong to Liege in Belgium, with Riyadh city as a connection point.The partnership, which starts today, aims to form a sky bridge linking Asia, Europe and Middle East to cater to ...
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DB Schenker commences India air cargo charter service
DB Schenker has commenced its India air cargo charter service, which is part of its Global Flight Operations Program launched to bridge the capacity gap.Boeing 747 freighters will be used for the service to transport cargo between India, Europe and the US (Munich—Chennai—Chicago RFD).Cargo carried on the flights will include ...
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NewsDHL Express adds SmartLynx Malta's converted A321Fs to fleet
DHL Express has entered into a partnership with SmartLynx Malta — an express logistics provider and member of Avia Solutions Group, which also owns aircraft charter broker Chapman Freeborn.The partnership was driven by significantly increased demand for e-commerce shipments and medical supplies such as PPE, as a result of the ...
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Mesa Air adds another B737 freighter
Mesa Air Group has signed a letter of intent to lease an additional Boeing 737-400F cargo aircraft.The extra aircraft will be available in May and adds to the two B737-400F aircraft it currently operates for DHL.“This 737-400F will be a great addition to the cargo fleet. The investment in a ...