All News articles – Page 103
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News
Freighter leases help ATSG cash in
Air Transport Services Group's (ATSG) Cargo Aircraft Management (CAM) division looked healthy in the second quarter ended June 30, thanks to sustained freighter leases.Aircraft leasing and related revenues from external customers in the second quarter were up 4% for CAM, year on year.This was "driven by higher average lease rates ...
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NewsCathay Cargo receives IATA’s CEIV Lithium Batteries accreditation
Cathay chief customer and commercial officer Lavinia Lau (right) and director cargo Tom Owen (left) receive the IATA Center of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification from IATA regional vice president Xie Xingquan. Photo: Cathay PacificCathay Cargo and the Cathay Cargo Terminal have received the IATA ...
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NewsDronamics appoints general manager in Australia
Gavin Gomes, general manager of Dronamics' Australia operations. Photo: DronamicsCargo drone airline Dronamics has strengthened its position in the Asia Pacific region with the appointment of Gavin Gomes as general manager of its Australia operations.The appointment, effective August 1, also sees Gomes become a member of the senior management team.Gomes’ ...
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News
LATAM Cargo revenues take a hit as southbound demand softens
Chile-headquartered LATAM Airlines Group cargo revenues took a hit in the three months ended June 30, against a backdrop of softening demand.Cargo revenues decreased by 23.2% year on year in the second quarter to reach $355m. This was as capacity grew, and southbound demand to South America declined.Nonetheless, the carrier ...
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NewsLufthansa Cargo outperforms the market in Q2
Photo: Lufthansa GroupLufthansa Cargo “outperformed the market as a whole” in the second quarter of this year, as average yields remained 40% above 2019 levels despite lower air cargo demand.Freight capacity was six percent above the same period of 2022, largely due to the recovery in passenger demand and subsequent ...
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News
MSC acquires majority stake in AlisCargo Airlines
Mediterranean Shipping Company (MSC) has acquired a majority stake in Milan-based airfreight carrier AlisCargo Airlines.The acquisition follows MSC's confirmation last month that it was in talks with the cargo airline, as it continues to develop its air cargo operations.This deal initiates a 100% takeover set to take place at the ...
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NewsWinter of discontent predicted as air cargo rates plummet
With volumes down and capacity up, July saw global air cargo rates continue their downward trajectory – foreshadowing a tough winter season for airlines, according to market analysis by Xeneta-owned CLIVE Data Services.“The month of July rarely provides any surprises in terms of unexpected performance levels in the global air ...
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News
ANA launches PRIO FRESH solution for perishable airfreight
Japanese carrier ANA Cargo (the freight arm of All Nippon Airways) has begun offering its new PRIO FRESH service for international perishable airfreight transport on flights from Haneda, Narita, Kansai, Fukuoka, Nagoya and Chitose airports.PRIO FRESH is part of the airline’s PRIO portfolio of value-added services for international cargo. Customers ...
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NewsPolar Air Cargo renews Network Cargo contract in Canada
A Polar Air Cargo Boeing 747-400 Freighter. Photo: Network Aviation GroupNew York-based all-cargo carrier Polar Air Cargo has renewed its GSA contract with Network Cargo across Canada for a further three years, as of July 1.Network Cargo is the GSSA branch of the Network Aviation Group in North America. The ...
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News
Air India aims to triple cargo capacity over five years
Air India said it plans to triple its cargo capacity through belly capacity within the next five years.The airline has firm orders for 34 Airbus A350-1000, six A350-900, 20 Boeing 787 Dreamliner, and 10 Boeing 777X widebody aircraft. These aircraft are expected to increase Air India’s annual cargo capacity by ...
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News
Air Cargo Malawi hires director of operations
Air Cargo Malawi has hired Arnold Chimwenje as director of operations.Chimwenje has over 14 years of experience in various operational, customer-facing, and managerial roles within multinational manufacturing, agricultural, logistics, and transport companies.Prior to his present role, which he began working in this month, he was dry logistics warehouse manager for ...
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News
Drone Delivery Canada completes first commercial flights
Drone Delivery Canada (DDC) has completed the first flights in a commercial setting for the Canary remote piloted aircraft (RPA) on the Care by Air route, which is the company's longest ever commercial route at 13.4km.DDC completed three round trip flights with the Canary on the Care by Air route, ...
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News
DHL Express to expand at CVG Airport
DHL Express is to invest $192m at Cincinnati/Northern Kentucky (CVG) International Airport in the US as it expands its existing operations there.The investment will include a new 305,200 sq ft aircraft maintenance facility on a 50-acre site next to DHL’s current CVG hub, as well as the addition of eight ...
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NewsLooking back – and ahead
March 16, 1983, saw the launch of a new title covering the airfreight industry: the fortnightly Air Cargo News International.The publication was the brainchild of Ray Crane and Nigel Tomkins, who developed the idea for an air cargo newspaper after meeting at a rugby match.Much has changed over the intervening ...
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NewsHold the front page!
Derek JonesFormer Air Cargo News International sales director Derek Jones remembers the frantic –but always hugely enjoyable – first few weeks in the life of Air Cargo News.It hardly seems possible that this year marks the 40th anniversary of the launch of Air Cargo News International (ACNI), now Air Cargo ...
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NewsTechnological revolution for ACN
It’s a fast-moving world – and journalists have to keep up. Former Air Cargo News editor Roger Hailey reports on the changing world of publishing over the past 40 years.After 40 years in logistics trade journalism, this old dinosaur was asked by Air Cargo News editor Damian Brett to look ...
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News1983-1992: A decade of M&A
As part of efforts to celebrate 40 years of Air Cargo News, the editorial team set themselves the unenviable task of reviewing the biggest stories over the past four decades. To begin, 1983-1992.March 16, 1983 saw the launch of a new title covering the airfreight industry – the fortnightly Air ...
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News1993-2002: Time for technology
As the 1990s progressed, the rapid growth of the internet began to have a big influence on air cargo. The industry also faced a power struggle with the rise of the integrators – and had to cope with some tragic events. The years 1993-2002 saw the deployment of internet and ...
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News2003-2012: Crisis management
Political events and the realities of climate change drove more change in air cargo in the early years of the century. Meanwhile, news broke that competition authorities were investigating a price‑fixing scandal.The 10-year period running from 2003 to 2012 was a testing time for the air cargo industry. It was ...
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News2013-2022 M&A mania and the rise of express carriers
Air cargo in 2013-2022 was characterised by high‑value investments and acquisitions, but it also faced huge challenges.The period 2013-2022 played host to a mature air cargo market. There was a flurry of merger and acquisition activity, alongside a stream of new airlines hungry for a slice of a demand-driven market, ...