All News articles – Page 203
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NewsEVA Air Cargo grows B777F fleet
Photo: EVA AirEVA Air Cargo will purchase a Boeing 777 freighter to add to its existing fleet of seven B777Fs.The newbuild freighter is expected to be delivered by the end of 2023.In addition to its eight Boeing 777 freighters, EVA flies 34 B777-300ERs.In March, EVA contracted Israel Aerospace Industry Corporation ...
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NewsQatar Airways Cargo sets salmon record
Photo: Qatar Airways CargoQatar Airways Cargo has celebrated a record year for salmon shipments out of Norway.The cargo carrier “transported more than 46,000 tonnes of Norwegian seafood in 2021,” said Rob Veltman, vice president cargo Europe at Qatar Airways.This is “the highest result yet,” he noted, adding: “The airline transports ...
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NewsairBaltic reopens cargo operations from Kyiv
Photo: airBalticLatvian airline airBaltic has reopened cargo operations from Kyiv, Ukraine by organising a multimodal mail transportation system in cooperation with Ukrposhta, the national postal service of Ukraine.Martin Gauss, chief executive officer of airBaltic, said: “We do our utmost to help the Ukrainian nation. As a result, a regular truck ...
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NewsRealterm raises $150m for airport logistics fund
Photo: RealtermUS independent global investment manager Realterm has announced the successful closing of $150m in capital commitments for its open-ended fund, Realterm Airport Logistics Properties (RALP).RALP has now raised approximately $900m in equity commitments since its formation in 2015 with all original investors still in the fund.RALP serves as the ...
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NewsMenzies appoints senior vice president of fuels
Marco di Mario. Photo: Menzies AviationGlobal aviation logistics specialist Menzies Aviation has appointed Marco di Mario as its new senior vice president of fuels.Menzies said di Mario joins its fuels leadership team with a wealth of experience in aviation fuels, gained in over 20 years in the industry.Most recently, di ...
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Kales to sell Cainiao's China-bound air cargo capacity
GSSA Kales Group has signed a deal to sell space on flights operated for Alibaba logistics-arm Cainiao as they make their way back to China.Through subsidiary, Cargonet Asia, Kales Group will support Cainiao with fixed allotments, block space agreements and free sales in order to sell available capacity on flights ...
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NewsSmartLynx and APOC partner on A321s for conversion
Source: SmartLynxCarrier SmartLynx has partnered with lessor APOC Aviation to purchase four A321 airframes that they intend to convert into freighters.The frames, MSNs 941, 961, 1185 and 1241, were acquired in passenger configuration and will be converted into freighters which will join the SmartLynx fleet early next year.The four additional ...
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ATSG revenues up in Q1 2021 fuelled by e-commerce demand
US lessor Air Transport Services Group (ATSG) reported revenues of $486m for the first quarter of 2022, up 29% compared with the first quarter of 2021.ATSG said adjusted EBITDA was $158m, up 49% from the first quarter of 2021. Full year 2021 revenues were $1.73bn, up 10% year on year.The ...
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IAG Cargo revenues up 23% year on year
IAG Cargo has reported revenues of €432m for the first quarter of 2022; an increase of 23.4% on the same time in 2021.This positive first quarter for the cargo division of IAG (International Airlines Group) for the period from January 1 to March 31 2022 follows a record year in ...
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Lufthansa Cargo breaks more records in Q1
Lufthansa's cargo business continued to report record performance in the first quarter of the year as it benefitted from additional capacity and higher rates.The Germany-based airline’s logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and its investment in AeroLogic, saw first quarter revenues reach a record for the period of ...
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NewsMiami International Airport throughput up 8% year on year in Q1 2022
Miami International Airport's (MIA) total freight volume in the first quarter of 2022 increased by 8% year on year to 687,675 tons.552,371 tons of this came from international traffic. International freight at MIA has grown 5.4% in the year to date, while domestic freight is up 20.5%.MIA’s strong first quarter ...
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Atlas Air revenues improve despite volume decline
Atlas Air Worldwide reported improvements in revenues during the first quarter of the year despite a decline in volumes.The freighter lessor and operator saw first-quarter revenues increase by 20% on last year to $1bn, adjusted earnings before interest, tax, depreciation, amortisation (ebitda) increased 11.9% to $202,814 but net income dropped ...
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WFS Heathrow cargo handlers consider new pay offer
Worldwide Flight Services (WFS) Heathrow Airport cargo workers are considering a new offer from management following a dispute over pay.Unite the union said that WFS cargo workers at Heathrow were weighing up the new pay offer after 84% voted to authorise strike action in ballot running from April 13 to ...
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NewsAmerijet seeks exemption for US-China cargo service
Photo: AmerijetAmerijet has applied for an exemption from the US Department of Transportation (DOT) to carry out cargo flights between the US and China for at least two years.An application to the DOT by the Miami-Florida-headquartered airline, dated May 2, said: "Amerijet intends to commence scheduled B767F all-cargo service between ...
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NewsAir Cargo News Awards entry deadline extended
In response to high demand, companies now have an extra week to submit their entries for the Air Cargo News Awards.The extension means that those wishing to enter one of our nine awards categories have until May 13 to submit their entries.The awards honour and celebrate those companies that have ...
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JFK animal facility ARK achieves CEIV Live Animals
Animal reception terminal the ARK at New York JFK Airport has achieved IATA CEIV Live Animals certification.The facility, which first opened its doors in 2017, said that CEIV Live Animals designation establishes baseline standards to improve the level of competency, infrastructure and quality management in the handling and transportation of ...
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Pharma and express bolsters Air France-KLM Q1 cargo revenues
Pharma and express deliveries and higher market prices have helped Air France-KLM Group’s total cargo revenues in the first quarter of 2022 hit €910m, an increase of 8.5% since the first quarter of 2021.This increase in revenues is fully driven by a higher yield thanks to the focus on Pharmaceutical ...
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NewsCainiao deal boosts Saudia Cargo's e-commerce volumes
Source: Saudia CargoSaudia Cargo has reported a double-digit increase in e-commerce volumes since it partnered with Cainiao last year.The airline told Air Cargo News that its e-commerce volumes had increased by around 30% since last year.In March last year, Saudia Cargo and the Alibaba logistics arm teamed up on 12 ...
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NewsDisruption continues to hit air cargo as volumes drop again in April
The air cargo industry continues to be buffeted by a range of issues that resulted in volume declines deepening in April, according to figures from CLIVE Data Services.The Xeneta-owned data provider's latest numbers show that air cargo volumes decline by 8% year on year in April following on from a ...
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Ostend-Bruges Airport adds digital cargo solution
Ostend-Bruges Airport in Belgium is equipping its cargo hub with a Nallian-powered OST Cargo Cloud to boost operational efficiency and transparency.The OST Cargo Cloud is designed to enable a coordinated, digitalised approach to processes such as freight pick up and drop off, and the inspection of perishable goods.It will also ...