Middle East – Page 31
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Agility's airfreight yields boost Q1 performance
Improving airfreight yields have helped push logistics firm Agility to a 5 percent year-on-year improvement in profits during the first quarter of the year.During the first quarter, the Kuwait Stock Exchange-listed company recorded a 1 percent improvement in revenues on last year to KD318.1m ($1.06bn), while net profit increased by ...
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Al Maktoum International sees volumes soar
The full impact of the decision to move all dedicated freighter traffic from Dubai International to Al Maktoum International at Dubai World Central was revealed when the airport announced its first-quarter volumes earlier today, writes Damian Brett.The Dubai airport recorded a first-quarter volume increase of 177.3 per cent to 213,006 ...
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Qatar boosts pharma service
Qatar Airways Cargo is expanding the specialist container options for its QR Pharma service, which has handled 14,100 tonnes of pharmaceutical products since launching in January 2014.The Middle East carrier is adding Va-Q-tec container technology, a new QR Pharma advanced passive transportation method that joins Qatar Airways Cargo’s existing Envirotainer ...
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American Airlines is Cargo Airline of the Year 2015
American Airlines is the 2015 Cargo Airline of the Year.The presentation was made to Jim Butler, president, American Airlines Cargo, at a sparkling Air Cargo News gala event in London. Butler was presented with the award by Mark Whitehead, chief executive of Hong Kong Air Cargo Terminals Ltd (Hactl), the ...
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Joint venture to turn Muscat into air cargo crossroads
Cargolux Airlines and Oman Air have signed a joint venture agreement to develop Muscat International Airport as an air cargo hub between India, China, Africa, Europe and the US.The first Cargolux flight under the agreement operated on 16 April and a ceremony was held on board the B747 freighter to ...
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Qatar first class for four legs
Qatar Airways Cargo has moved 40 of the world’s most admired show jumping and dressage horses for a major event in the equine sporting calendar.A specially chartered B777 freighter carried the four-legged passengers from Amsterdam to the International Federation of Equestrian Sports’ World Cup finals in Las Vegas.The plane was ...
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China Airlines joins Dubai DWC migration
Taiwan’s China Airlines has moved its freighter flights to the new Al Maktoum International at Dubai World Central (DWC). The carrier uses the UAE as an intermediate stopover on its 747 freighter flights between Taipei and Amsterdam, Luxembourg and Frankfurt.The Dubai Airports is planning a progressive move of flights to ...
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Etihad launches service for cool customers
Etihad Cargo has unveiled a TempCheck solution for sensitive pharmaceutical and healthcare products, including blood plasma, pills, medicines and anaesthetics.The UAE-based carrier has already upgraded the temperature-controlled storage facilities at its Abu Dhabi hub, and refurbished its existing cool rooms to meet pharmaceutical-safe specifications, but new purpose-built facilities are scheduled ...
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The spectre of further rate wars...
AIR CARGO operators are warning against knee-jerk rates wars amid Eurozone stagnation in the second quarter impacted by deepening global political unrest, writes Thelma Etim, deputy editor.“The main concern is that political instability, mainly between Russia and Europe/USA will escalate further and subsequently will affect the already fragile economic recovery,” ...
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Nothing sheepish about growth, says WorldACD
Asia Pacific single-handedly lifted air cargo growth in February 2015, says analyst WorldACD Market Data.While the region did well in all directions, as did intra-Asia, volumes from all other areas except Africa decreased.Asia Pacific chalked up a year-on-year improvement of 28 per cent in volume and three per cent in ...
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Hong Kong retains crown as top cargo hub
Hong Kong remained the world's top cargo hub, as preliminary data from Airports Council International showed that global airfreight volumes rebounded 4.7 per cent in 2014 after three years of stagnating growth.World airfreight volumes ended the year with an increase of 5.6 per cent in December. On an annualised basis, ...
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Agility's 2014 airfreight yields improve
GLOBAL forwarder Agility’s full-year 2014 financial results saw a net profit of KD50.9m, an increase of 10 per cent over prior year, as revenues edged down one per cent to KD1.36bn.Agility’s airfreight yields improved in 2014, offsetting continued margin pressure in ocean freight.Tarek Sultan, Agility’s vice chairman and chief executive, ...
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Qatar Cargo freighter ready for Mexico
QATAR Airways Cargo begins its twice-weekly B777 freighter service to Mexico City this month, marking the start of operations in the continent.“This is a historic moment for us, as it heralds the beginning of our operations in Latin America,” says Ulrich Ogiermann, chief officer, cargo.“It demonstrates that we are well ...
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Qatar freighter is LA bound
Qatar Airways Cargo will launch a new freighter service to Los Angeles Airport (LAX) from April.The twice-weekly B777F to Los Angeles will become Qatar Airways Cargo’s fourth US freighter destination, alongside Houston, Chicago and Atlanta.Qatar Airways uplifted over 49,000 tonnes of airfreight from the US market in 2014 and it ...
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Duggan joins Saudi as charter sales director
Saudi Airlines Cargo has appointed Mike Duggan as director of charter sales, based in Jeddah.Duggan brings over 23 years of aviation experience, mainly in London and Dubai, including business development, aircraft wet leasing, and freighter management in several companies.Saudi Airlines Cargo operates a fleet of dedicated freighters and sells the ...
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Scholten joins FLS in Dubai
Peter Scholten, former Saudia Cargo vice president commercial, has been appointed chief executive of Fast Logistic Solutions Group (FLS), based in Dubai.FLS was founded in January 2015 as a holding company for Fast Forward Cargo, First Priority Cargo, Fast Forward Solutions and several other companies.FLS Group is a global transportation ...
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Ambak joins Emirates SkyCargo
Henrik Ambak has joined Emirates SkyCargo as senior vice president, cargo operations worldwide.Ambak, a Danish national, joins the freight division of Emirates with 27 years of experience in the air cargo industry, having worked for companies such as Novia, CSLux and Cargolux Airlines.He started his career as a freight forwarder, ...
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ACS promotes Nick Harris
Nick Harris of Air Charter Service (ACS) has returned to the company’s Dubai office to take up the role of cargo director for the region.Harris, who started his ACS career in the London headquarters almost eight years ago, previously worked in the Dubai office as a cargo manager between 2009 ...
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Emirates to launch Boston service
EMIRATES Airline is expanding its transatlantic belly cargo offering with services to Boston in the USA.Daily flights from the carrier’s Dubai hub to Boston Logan International Airport will be serviced by a passenger B777-200LR.It is the airline’s eighth route into the United States, its ninth into North America and twelfth ...
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2014 'a challenging year for air cargo'
GLOBAL air cargo grew by only 1.4 per cent last year as the whole industry fought its way out of a world recession.IATA figures show that cargo markets made very slow progress during the first half of the year, but acceleration took root in the latter half of 2013, eventually ...