Latest news – Page 49
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NewsAsia-Europe trade aids DHL's Q1 airfreight volumes
Growth on trade between Asia and Europe was the main driver for a rise in DHL's airfreight volumes in the first quarter of this year, although airfreight revenue and profit suffered.DHL reported a 5.1% year-on-year rise in airfreight volumes to 435,000 tons in the first quarter.First quarter airfreight revenue in ...
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Newsdnata appoints Singapore managing director
Neo Su Yin. Photo: dnataGlobal air and travel services provider dnata has appointed Neo Su Yin as managing director in Singapore to oversee its ground handling and cargo operations at Changi Airport.Su Yin brings with her extensive experience in senior executive roles across the aviation and logistics industries. Most recently, ...
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Central and South American air cargo volumes boom in April
Air cargo volumes out of Central and South America (CSA) have taken off in the last few weeks of April ahead of Mothers' Day celebrations in North America.Analysis from WorldACD shows that air cargo volumes from CSA increased by 17% week on week in week 17, following on from a ...
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NewsReliable Robotics strikes autonomous flight system deal with ASL
Photo: Business WireGlobal aviation services provider ASL Aviation Holdings has placed an order for 30 units of the Reliable Robotics autonomous flight system for the Cessna 208B Caravan.The deal secures early delivery slots. ASL and Reliable have been working together since 2022 to bring advanced automation and remote piloting into ...
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NewsAlisCargo prepares for first MSC freighter
Photo: MSCMilan-based airfreight carrier AlisCargo Airlines is preparing to restart operations with a 777 freighter that will be flown on behalf of MSC Air Cargo.This follows Mediterranean Shipping Company's (MSC) majority stake acquisition in AlisCargo Airlines last August and subsequent 100% takeover this year.AlisCargo received its AOC in July 2021 ...
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Singapore Airlines places cargo capacity on WebCargo
Singapore Airlines has placed its cargo capacity on online booking and payment platform WebCargo to expand its booking options and reach more customers.The partnership connects Singapore Airlines to thousands of freight forwarders that use WebCargo’s real-time air cargo pricing and booking options.Meanwhile, WebCargo’s users gain additional access to Asia Pacific ...
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Air Canada ends freighter fleet expansion early
Air Canada has dropped plans to convert a further two Boeing 767 aircraft into freighters.The Montreal-headquartered airline had been planning to operate a fleet of 10 767 freighters but this has now been reduced to eight."Air Canada has amended its freighter capacity plans and removed two Boeing 767 freighters from ...
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Bluebird Nordic ends freighter operations
Icelandic ACMI leasing and cargo charter airline Bluebird Nordic has terminated all operations.The airline no longer has an Icelandic air operator certificate (AOC) and is in the process of divesting all its freighters to lessors."Bluebird Nordic has announced discontinuing its cargo operations, effective 30 April 2024," Bluebird's parent company, Avia ...
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NewsNetwork Airline Management fleet to become exclusively nose-loading 747Fs
Source: Network Airline ManagementNetwork Airline Management will exclusively operate a fleet of nose-loading production Boeing 747 freighters from later this year.The airline currently operates with two 747-400 production freighters and a single 747-400 converted freighter, which does not offer noseloading.The two new aircraft will join NAM’s fleet in the latter ...
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NewsAtlantic market a drag on Air Canada's cargo performance
Air Canada saw its cargo revenues decline in the first quarter of the year as weaker volumes on its Atlantic services took their toll.The Montreal-headquartered airline recorded a 9% year-on-year decline in first-quarter cargo revenues to C$215m.Increases in its domestic, US transborder and Pacific cargo revenues were not enough to ...
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NewsNew CEO for Georgi Handling
Benjamin Weil. Photo: Georgi GroupGeorgi Group has appointed Benjamin Weil as chief executive of Georgi Handling.Weil was previously commercial manager with responsibility for sales at the division, a position which he had held since November 2019.Prior to this, he was head 0f business development at BCL CargoLogistik and held general ...
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Texel Air updates fleet with 737-800BCF
Bahrain-based cargo airline Texel Air is updating its fleet with a 737-800 Boeing Converted Freighter (BCF) to replace its oldest aircraft, the Boeing 737-300F.The aircraft has recently been converted in China and is being leased from lessor AerCap. The aircraft will be used for charter operations.Chisholm Enterprises subsidiary Texel Air ...
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NewsQatar Cargo aims for efficiencies with data, index-linked deals and by tackling no-shows
Qatar Airways Cargo is aiming to create efficiencies in the supply chain by tackling the issue of shipment no-shows, pushing for index-linked long-term contracts and integrating more data into its systems.Speaking exclusively to Air Cargo News (ACN), Qatar Airways chief cargo officer Mark Drusch outlined the three initiatives that he ...
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NewsAir cargo demand growth slows in April while attention turns to Q4
April was the fourth month in a row that global air cargo demand increased by over 11% but the market has begun to slow down after a busy start to the year, according to analysis by Xeneta.Additional belly capacity is affecting the dynamic load factor, air cargo demand as a ...
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NewsPattaya Airways targets Q4 launch as it receives first ATR 72-500F
Photo: ACIA Aero Leasing/ Pattaya AirwaysThailand’s newest cargo airline, Pattaya Airways, has taken delivery of its first ever aircraft from Ireland-based lessor ACIA Aero Leasing.Pattaya Airways took delivery of the ATR 72-500 freighter (MSN745) in April, with the second ATR 72-500F (MSN742) scheduled to be delivered this month.The cargo airline ...
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NewsLATAM Cargo adds new Europe-Brazil freighter service
Source: LATAM Cargo. Credit: Julio Cavalheiro LATAM Cargo is adding a new service between Europe and Brazil to target pharma, general cargo and automotive volumes. The service will operate with flights twice per week between Amsterdam, Brussels and Florianópolis utilising the carrier’s fleet of Boeing 767 freighters. ...
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NewsIT issues and yield declines weigh on AF KLM's Q1 cargo results
Air France KLM saw its cargo revenues decline in the first quarter of the year despite volumes increasing.The Franc0-Dutch airline reported a 16.5% year-on-year decline in cargo revenues during the first quarter to €562m while unit revenues per available tonne km (ATK) were down 27%.This revenue decline came despite cargo ...
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NewsCargojet profits improve in Q1
Canada-headquartered Cargojet saw its profits improve in the first quarter as the business benefitted from rising domestic e-commerce demand.The company saw first-quarter revenues slip 0.3% year on year to C$231.2m, while earnings before income taxes (ebit) improved by 8.7% to C$37.6m and net earnings were up 6.6% to C$32.5m.The decline ...
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NewsIAG Cargo expands Madrid perishables facility
Photo: IAG CargoIAG Cargo has invested €1.5m into the expansion of its temperature-controlled perishables facility in Madrid which will increase the total capacity of the facility by 45%.The facility will include 1,340 sq m of dedicated temperature-controlled space for perishable goods, offering customers the largest cooling chambers at Madrid Airport, ...
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NewsLufthansa Cargo in the red in Q1 as strikes take their toll
Lufthansa's logistics division reported an operating loss in the first quarter of the year due to weakening air cargo rates and strike action.The logistics division, which includes Lufthansa Cargo, time:matters, Jettainer, HeyWorld and a 50% stake in AeroLogic, saw first-quarter revenues drop 16% year on year to €691m and earnings ...