All articles by Rachelle Harry – Page 34
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News
Swissport notes solid 2019 but warns of tough times to come
In its 2019 full-year results, Swissport has announced that its performance last year was "roughly on par with the previously year".Swissport achieved an operating ebitda of €272.3m throughout 2019, which compares with €273.2m achieved in 2018.The company's revenue increased 4.7% year on year, from €3bn in 2018 to €3.1bn last ...
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NewsCargolux revenues and profits take a hit in 2019
In its full-year results for 2019, Cargolux revealed that revenues decreased 14% year on year, from $2.6bn in 2018 to $2.4bn in 2019.Cargolux said this was due to lower load factors and yields coupled with lower fuel surcharge revenues as a result of declines in the price of fuel.Meanwhile, earning ...
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News
IAG preliminary results give insight into Covid-19 impact
International Airlines Group (IAG), parent company of IAG Cargo and British Airways, has announced its preliminary results for the first quarter of 2020, ahead of the full results which will be released on May 7.Commenting on ebit, IAG said: "The operating result in the first two months of 2020 was ...
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News
IATA: Governments must 'cut red tape' to bridge capacity shortfall
In its latest air cargo analysis, IATA has drawn attention to the capacity crunch — a knock-on effect of the coronavirus pandemic — and it has urged governments to "cut the red tape" when it comes to measures being taken to reduce the capacity shortfall.Alexandre de Juniac, IATA’s director general ...
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News
Turkish Cargo achieves all three IATA CEIV certifications
Turkish Cargo has become the first cargo airline to achieve all three of IATA's CEIV certifications: Pharma, Fresh, and Live Animals.The certifications, which are valid for a three-year period, reflect Turkish Cargo's capability of handling pharmaceutical cargo, perishables and live animals at its facilities and on its flights, to IATA's ...
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News
UPS: Covid-19 weighed on Q1 results
UPS has said that Covid-19 weighed on its first quarter results for this year.In its consolidated results, UPS's revenues increased by 5% to $18bn, "driven by growth in business-to-consumer shipments and gains in healthcare".The company's net income, which "included material headwinds due to disruptions from the coronavirus pandemic, higher self-insurance ...
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News
SWISS mulls passenger seat removal to boost cargo capacity
SWISS is considering removing the economy passenger seats from twelve of its Boeing 777-300ER aircraft to meet the increasing demand for airfreight capacity.The modifications would help to maintain Switzerland's global supply chains and ultimately ensure consistent and regular goods deliveries to and from the country.SWISS and its Swiss WorldCargo division ...
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NewsEmirates SkyCargo outlines Covid-19 safety measures at its handling facilities
Emirates SkyCargo tunnelEmirates SkyCargo has given an update on its operations as the coronavirus pandemic continues.The carrier is currently operating scheduled flights on its Boeing 777-F and Boeing 777-300ER aircraft to almost 60 global destinations.Emirates SkyCargo is also playing its role in the fight against Covid-19 by transporting essential medical ...
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NewsIATA welcomes SVP of member and external relations
IATA has announced its new senior vice president of member and external relations, Sebastian Mikosz, effective June 1.Mikosz will lead the organisation’s global advocacy activities and aero-political policy development, along with managing the association’s strategic relationships. This includes IATA’s 290 member airlines and governments, international organizations and stakeholders in the ...
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Steady airfreight volumes at Leipzig/Halle despite Covid-19
Leipzig/Halle Airport has registered a "strong level of demand" in its cargo business during the first quarter of 2020, despite the coronavirus pandemic causing disruption to the global aviation sector.The airport almost maintained the same level of freight volumes as in 2019: it handled 297,315 tonnes during the first three ...
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News
Air France KLM Martinair Cargo expands airfreight services
Air France KLM Martinair Cargo (AFKLMP) is expanding its cargo services by adding new destinations, frequencies and improved charter solutions.This week AFKLMP increased its flight frequency to Johannesburg, Bangkok, Beijing and Shanghai.In the coming weeks, the carrier will restore operations to Houston and increasing flight frequency to Bamako, Ouagadougou, Chicago, ...
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News
Shippers spotlight: how air cargo is helping in the fight against Covid-19
My last column for Air Cargo News – the effects of sustainability on capacity and growth – seems like a distant memory.Sustainability, while still vitally important, is probably not the top priority of the air cargo sector right now, and may not be for many months to come. Right now, ...
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NewsSaudi Arabian Logistics moves operations to new KKIA facilities
Saudi Arabian Logistics (SAL) has relocated some of its operations to the new facilities at King Khalid International Airport (KKIA) in Riyadh.From April 20, SAL's export cargo handling, domestic cargo handling and express mail services will operate from the airport's new facilities (pictured).Thanks to the move, SAL customers will get ...
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NewsJazz Aviation to operate Dash 8-400 freighter developed by De Havilland Canada
De Havilland Aircraft of Canada Limited (De Havilland Canada) and Jazz Aviation have announced that Jazz is to be the first operator of the recently-approved Dash 8-400 Simplified Package Freighter.Under the agreement, Jazz has ordered the service bulletin and conversion kits for up to 13 Dash 8-400 aircraft.Meanwhile, De Havilland ...
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News
PayCargo enables payments in Canadian dollars in addition to USD
Digital cargo booking tool PayCargo has launched a dedicated Canadian Dollar online freight payment platform in Canada, enabling users to either pay in Canadian or US dollars after they have registered to both services.The Canada launch, part of ongoing growth and development plans by the Fintech company, was fast-tracked to ...
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NewsAmerican carries its largest cargo volume during harvest flight
American Airlines Cargo has broken its record for freight volume while carrying soybean seeds on a flight from Buenos Aires to Miami.The Boeing 777 flight on April 16 carried 115,349 lbs (52,321 kg) of the seeds — the equivalent weight of 76 cows or 20,900 chickens — as part of ...
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NewsSabrewing set for launch of heavy-lift drone aircraft
Sabrewing Aircraft Company, Inc., has announced that it will host an online launch of its full-sized flying aircraft, the Rhaegal-A, as part of the US Air Force’s Agility Prime program, which is scheduled for the week of April 27 to May 1, 2020.Sabrewing’s aircraft launch will be shown live online ...
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News
EL AL teams up with Kuehne+Nagel to operate 150 cargo flights
EL AL Israel Airlines (EL AL) has signed a deal with logistics firm Kuehne + Nagel (K+N) to operate 150 cargo flights during the next six months.The deal will involve EL AL operating cargo flights between China and Italy, via Israel, from now until October.Cargo onboard the flights will include ...
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NewsAgility and Chapman Freeborn team up to deliver medical machinery and supplies in Maldives
Logistics firm Agility and air charter business Chapman Freeborn recently collaborated to deliver 287 items of medical cargo, including CT scan and MRI machines, to Malé in the Maldives for distribution at four hospitals.Agility said it overcame the logistical challenges presented by Covid-19 and brought the cargo to Dubai from ...
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DP World launches digital platform for multimodal cargo management
DP World has launched a new digital platform that will enable freight forwarders and shippers to manage cargo online at various points in the supply chain — be it utilising air, road or sea modes.DP World said the new tool represents "a major step forward in digitizing the management of ...