Region – Page 168
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News
Ceva sees revenues and volumes improve in Q1
Ceva recorded a loss in the first quarter of the year despite an improvement in revenues and airfreight volumes.The freight forwarder saw first-quarter revenues increase by 1.9% year on year to $1.6n, operating income was up to $8m from $4m a year earlier but it registered a net loss of ...
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News
Brussels Airport to offer ground handler booking app
Brussels Airport has developed a new slot booking app for ground handler facilities that aims to reduce pick-up and delivery times.The Slot Booking App allows users, such as freight forwarders, to request a single or recurring time slot at a specific ground handler facility through a centralised system.Ground handlers have ...
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Alitalia to enter into administration
Alitalia will make a formal request to enter into bankruptcy after employees last week rejected a rescue plan.The Italian flag carrier’s board of directors, which convened after a shareholder meeting, decided to proceed with administration in light of the “serious economic and financial situation of the company”, the shareholders’ unavailability ...
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West Atlantic looks outside Europe for fleet utilisation
Sweden's West Atlantic cargo airline is to look outside Europe as it seeks to increase utilisation of its eight-tonne capacity freighter fleet.As previously reported, the carrier saw underlying 2016 year-on-year revenues fall by 2.8% to SKr 1.3bn ($145.6m), adjusted for currency and fuel price factors.The group’s earnings before tax, interest, ...
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VIDEO: Emirates freighter Rosie blossoms in Barcelona
An Emirates SkyCargo Boeing 777 freighter, nicknamed Rosie because of her rose decal, made a special appearance in Barcelona on the occasion of ‘The Day of the Rose’.The Catalan festival, originally St Jordi’s Day, is celebrated on April 23 every year with locals gifting roses and books to one another.Earlier ...
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NewsAsian Cargo Monthly: Freight traffic continues to grow
Asian carriers continued to record cargo demand improvements in March, with airlines boosted by new product launches.The latest airline data shows that six out of seven airlines included in Air Cargo News’ monthly Asia wrap-up saw demand increase during March.The largest of the carriers, Cathay Pacific, registered a 15.4% year-on-year ...
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News
Confidence grows for air cargo in Asia
Airfreight volumes on Asia-Europe trade lanes eastbound and westbound are expected to surge in the coming months, according to the latest survey results for the APAC Forwarding Index.Around 54% of survey respondents predicted Asia Pacific air cargo volumes across all lanes will be higher in three months time than at ...
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News
Appel expects trade to grow despite protectionism
Deutsche Post DHL Group chief executive Frank Appel has outlined the company's financial targets for the year ahead and also voiced his optimism that the rise of protectionism will not hold back trade growth.Speaking at the company's annual general meeting in Bochum today, Appel said the company would aim to ...
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NewsLufthansa's cargo segment leads the way as it gets back in the black
Lufthansa’s cargo and logistics business returned to the black at an operating profit level in the first quarter as it led the company to its best performance for the period since 2008.The airline group’s logistics division, which includes Cargo, time:matters and other cargo related shareholdings, saw revenues increase by 18.5% ...
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News
Dachser expands airfreight business in China
Logistics firm Dachser has expanded its airfreight station at Shanghai Pudong Airport Bonded Zone.The Germany-headquartered firm said work on its facility in Shanghai to expand it to 6,000 sq m from 3,000 sq m had now been completed.The expansion allows the company to operate with a two airport gateway strategy. ...
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NewsFreighters and bellies boost Schiphol's March cargo volumes
Increased freighter and bellyhold volumes saw Amsterdam Schiphol airport report a 9.5% rise in March airfreight throughputs to 154,000 tonnes.Europe’s number three cargo gateway in 2016 also enjoyed a strong first quarter in 2017, handling a record 420,168 tonnes from January to March, up 8% on the same period last ...
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News
Qatar's fourth pharma freighter to Basel
Qatar Airways Cargo is launching a fourth Pharma Express freighter service from Basel in Switzerland, effective May 8.The additional freighter brings the total Pharma Express flights operated by the Middle East Gulf carrier to 10 each week, providing dedicated uplift for pharmaceuticals and healthcare products.Qatar Airways Cargo increased its Pharma ...
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NewsCargolux sees profits tumble despite traffic growth
Cargolux recorded improvements in cargo traffic and tonnes flown last year, but these increases failed to stop profits from declining by more than 80%.Figures released by the airline show that last year it registered a 9.2% improvement in traffic to 7.5bn tonne kms flown (FTK) compared with 2015, while total ...
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Asian carriers report double-digit percentage improvement in demand for March
Asian airlines reported double-digit percentage improvements in cargo demand in March as manufacturing in the region continued to expand.The latest figures from the Association of Asia Pacific Airlines (AAPA) showed that cargo demand increased by 12.7% in March in freight tonne km (FTK) terms.The association said the “healthy” increase was ...
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News
Alitalia's future in balance as shareholders called in
The future of Alitalia is hanging in the balance after workers voted against a rescue deal on Monday (April 24).In response to the vote, the Italian airline's board has called a meeting of shareholders - including Etihad, banks UniCredit and Intesa as well as infrastructure firm Atlantia - to discuss ...
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Dubai and Changi airports on the up in March
Dubai and Singapore airports both saw impressive cargo tonnage increases in March, providing further statistical evidence of a 2017 first quarter airfreight uptick.Freight volumes at Dubai International (DXB) in the Middle East rose 3.5 % in the first quarter of 2017 to 636,479 tonnes.This result was positively impacted by an ...
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Brussels Airlines Cargo to use cool dollies as standard for pharma at home hub
Brussels Airlines Cargo will use temperature controlled dollies as standard at its home hub for all pharma shipments requiring temperature control.The airline said it has made the decision to standardise the use of the cool dollies for temperature controlled shipments at Brussels in response to customer demand.Brussels Airlines business development ...
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VIDEO: Everyone's a winner at the Cargo Airline of the Year Awards 2017
American Airlines was voted Cargo Airline of the Year 2017 as airfreight’s shining stars took centre stage at Air Cargo News’ industry Oscars, now in their 34th year. Click here for a full list of winners.American Airlines, doubly successful on the night with a regional Americas garland, secured the highest ...
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China Postal continues fleet expansion
China Postal has taken delivery of its latest aircraft, a Boeing 757-200 converted freighter.The conversion was carried out by Precision Aircraft Solutions at the Ameco facility in Chengdu, China. The aircraft, MSN 25888, is the fourth conversion Precision has carried out for the Chinese airline.Late last year China Postal was ...
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News
Air China set for cargo reform
Air China has signalled its intent to push forward with mixed-ownership reforms to its airfreight business.In a stock-exchange announcement, the airline said that the National Development and Reform Commission had given it the green light to carry out the reforms.Air China said its parent company, China National Aviation Holding Company, ...