All Region articles – Page 4
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News
IAG Cargo reports "positive" third quarter
IAG Cargo has reported a “positive third quarter”, with "good load factor improvements" across markets despite an increase in capacity.The cargo arm of British Airways and Spanish carrier Iberia saw third quarter 2014 unadjusted commercial revenue (flown revenue plus fuel surcharges) fall 7.8 per cent to €236m versus €256m for ...
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IAG's narrowbody option for European freight
IAG Cargo has launched EuroConnector – a time-definite option for freight into, around and out of Europe that uses narrowbody aircraft capacity.The freight arm of British Airways and Iberia of Spain said that the service will help optimise capacity on its short-haul network. The launch has been timed to coincide ...
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Cargojet in "robust" outlook
Cargojet expects “a very robust peak period to end the year” after reporting a strong set of Q3 results helped by an uptick in E-commerce volumes.The Canada-based airline, operating overnight air cargo services across North America plus global charters, saw revenues rise 8.8 per cent to C$47.2m in the third ...
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Cairo pharma hub revamp
Air France-KLM-Martinair Cargo has invested in revamping the cool chain facilities at Cairo airport in Egypt.The pharmaceutical industry in Egypt has been growing steadily for the past five years, with an estimated value forecast at $8bn by 2015.The airline has made the investment to cope with both pharma sector growth ...
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Air France Cargo selects CHEP for Paris equipment repair contract
CHEP Aerospace Systems has added Air France Cargo to a list of recent contract awards.The French carrier has selected the ULD management company to repair its fleet of cargo containers, pallets and horse boxes at Paris Charles de Gaulle airport and dollies at Paris Orly airport over the next three ...
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Lufthansa Cargo turns 20
Do you know which airline has spent the last 20 years flying around the world 3.6m times and transporting the equivalent of 9.3m elephants?The answer is Lufthansa Cargo, which is celebrating two decades as an independent business after Deutsche Lufthansa AG pooled its cargo activities into a separate company.Germany's freight ...
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German rail to seek multi-billion cartel damages from airlines
German rail operator Deutsche Bahn (DB) is to launch a “multi-billion dollar lawsuit” seeking damages from air cargo carriers found guilty of operating a global price-fixing cartel by the US Department of Justice, the European Commission and other international authorities.Europe’s largest rail operator, which also owns logistics company DB Schenker, ...
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Cargo records tumble for Etihad
Etihad Cargo is set for a record 2014 after posting a seven per cent rise in freight volumes during November.The freight division of United Arab Emirates flag carrier Etihad Airways carried 53,292 tonnes across its global network last month, beating the previous monthly record of 51,688 tonnes set in October ...
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Cargolux has a record November
European freighter airline Cargolux achieved an all-time record performance in block hours, cycles and tonnage during November 2014.Block hours exceeded 10,000 hours a month for the first time in the company’s history and reached 10,224 hours, 8.7% higher than in November 2013.The Cargolux fleet of 22 747-8F and 747-400F flew ...
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IAG Cargo gains pharma certificate
IAG Cargo has received GDP (Good Distribution Practice) certification for pharmaceutical transport.The carrier, bringing together the cargo divisions of British Airways and Iberia, says that it is the first airline to be awarded GDP certification by a national government health agency in meeting the premier standard for pharma transport.IAG Cargo ...
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Qatar finalises B777F fleet order
Qatar Airways has finalised an order for four Boeing 777 freighters valued at $1.24bn, with purchase options on another four.Qatar Airways first announced its intention to order four B777Fs at the 2014 Farnborough Airshow. The total order for all eight freighters has a potential combined value of $2.46bn, at current ...
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Qatar to apply all-in freight rates from April
Qatar Airways Cargo is changing its pricing structure to a “one-rate basis”, saying that the current surcharge conventions "expose the supply chain to significant price volatility”.The Doha-based carrier will “abolish” both its fuel (MYC) and security (MOC) surcharges. All other ancillary charges will remain in place.The move follows a decision ...
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TIACA calls for risk-based approach to security
TIACA members have been advised that recently released updates to security programmes for all-cargo aircraft in the US must be implemented by February 16, 2015.The updated security programmes, issued by the US Transport Security Administration (TSA) on December 29, 2014, affect all US and non US-based freighter aircraft operators within, ...
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Qatar Airways sets its sights on denim capital Gujarat
Qatar Airways Cargo is to make Ahmedabad its seventh freighter destination in India.From February, a twice weekly Airbus A330F will depart Doha on Tuesdays and Fridays with a stop in Mumbai before heading to the largest city in the state of Gujarat. Departure from Ahmedabad back to Doha will be ...
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A LOT more space to New York
LOT Polish Airlines has launched a seasonal New York/Warsaw all-cargo route operated by a Boeing 767-300 aircraft.The carrier said it was prompted by the limited number of passenger flights in the winter season, especially in February.The flights, operated by Canadian-based Cargojet Airways, can carry up to 48 tons and can ...
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Cargolux agrees to conciliation
Cargolux says it will enter into a conciliation process on its collective work agreement and has rebuffed suggestions that it plans to move a major part of its operation outside Luxembourg.The European all-cargo carrier issued a statement following the apparent breakdown in negotiations with the labour unions yesterday (20 January).Cargolux ...
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Price tops charter priorities
PRICE remains the most important factor in the air cargo charter market, an exclusive customer survey for Air Cargo News has revealed.The on-line survey found that nearly 55 per cent of respondents chose price as their top priority, with a need for 24 hour operations in second place, closely followed ...
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Korean orders five B777Fs worth $1.5bn
Korean Air has finalised an order for five B777 freighters, valued at more than $1.5bn.As one of the world’s largest cargo airlines, Korean Air currently operates an all-Boeing freighter fleet of 26 airplanes that includes 17 B747-400Fs, five 747-8Fs and four B777Fs.Korea’s flag carrier currently operates 86 Boeing passenger airplanes ...
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Late surge lifts air cargo market at last
The airfreight industry ended 2014 on a “positive note” said IATA, after releasing its full-year cargo data.The figures showed 4.5 per cent demand growth in freight tonne kilometres (FTKs) compared with 2013. “That is a significant acceleration from the 1.4 per cent recorded in 2013 over 2012,” said the global ...
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Cargolux to increase share capital
EUROPEAN all-cargo carrier Cargolux is to increase the share capital of the airline by US$175m in cash, in exchange of newly issued common shares.The news follows an “extraordinary general meeting of the company’s shareholders”, says a company statement.Dirk Reich, the new president and chief executive, comments: “The share capital increase ...