Region – Page 235
-
News
Air cargo revenues down 9% in first half of 2015
Worldwide air cargo revenues in the first half of 2015 are more than 9% behind last year, but recent market softness appears to have plateaued in June.The latest figure from WorldACD show that air cargo revenues declined by 9.3% year on year during the first six months, with almost all ...
-
News
CEVA records second quarter airfreight growth
Logistics firm CEVA recorded a slowdown in airfreight volume growth during the second quarter while losses improved slightly.The Netherlands-headquartered logistics company reported a 0.7% year-on-year increase in air volumes during the second quarter of the year, down on the 5.2% growth recorded in the first quarter.It said the slowdown was ...
-
News
Twelfth flight for China Southern
China Southern has taken delivery of its twelfth Boeing 777 freighter, making it the number one China-based operator of the aircraft type and the third globally.The new aircraft made its maiden flight out of Guangzhou to Paris, Vienna and then back to Guangzhou.So far in 2015, China Southern has introduced ...
-
News
DHL Global Forwarding considers the future of troubled IT transformation project
DHL Global Forwarding is considering completely scrapping the IT and enterprise resource planning (ERP) systems it has been developing as part of its New Forwarding Environment (NFE) transformation project in favour of a different system.Speaking shortly after announcing second-quarter results, Deutsche Post DHL chief financial officer Larry Rosen said that ...
-
News
Airlines IAG Cargo and Qatar expand freighter partnership
IAG Cargo and Qatar Airways have extended their freighter partnership and added new routes.The two airlines announced this morning that the initial contract would be extended indefinitely, while the number of destinations covered has increased from the one originally announced to nine.The two airlines said they had decided to expand ...
-
News
IAG Cargo's Gunning: excess capacity is the new normal
Excess capacity and yield pressure are the new normal that the air cargo industry must live with, according to IAG Cargo chief executive Steve Gunning.Speaking to Air Cargo News shortly after the publication of its second-quarter results, Gunning outlined why the cargo business of British Airways, Iberia and Vueling decided ...
-
News
Frankfurt Airport sees H1 freight volumes decline
Frankfurt Airport’s cargo (airfreight + airmail) tonnage dropped by 1.8% in the first six months of 2015 to around 1m tonnes, while passenger traffic grew by 4.1%.The first-half cargo decline was mainly due to “a noticeable decrease in throughput with the Far East and Latin America” regions said airport owner ...
-
News
Update: airlines Swiss-Lufthansa adopt new air cargo pricing structure
Swiss WorldCargo and Lufthansa Cargo have provided further information on their new cargo pricing structure which takes effect from October 25 this year.The pricing of both airlines will consist of just two components: a net rate and an airfreight surcharge.Said Lufthansa Cargo: “As a result, the different surcharges currently in ...
-
News
Virgin Atlantic Cargo calls for ethical standards for airfreight
Virgin Atlantic Cargo has called for the creation of an industry-wide ethical cargo policy that will identify shipments not acceptable for carriage in the aftermath of the killing of Cecil the lion.The UK airline, which already has an ethical cargo policy in place, called for an industry-wide agreement that would ...
-
News
Swiss and Lufthansa to launch new cargo pricing structure
Swiss WorldCargo and Lufthansa Cargo are to launch a two component pricing structure - a net rate plus airfreight surcharge – to reflect the "volatility of external cost factors".A joint letter to customers states: “The new airfreight surcharge will be significantly lower compared to the combined fuel and security surcharges, ...
-
News
Manston's new role as temporary truck park
Closed UK south east hub Manston Airport has found a new role, as a temporary lorry park to ease truck congestion on the M20 motorway.The UK Department for Transport (DfT) has announced that the disused Ramsgate airport will be trialled as an addition to stage one of Operation Stack, which ...
-
News
Lufthansa's air cargo and logistics division slips to loss on freight centre delay
Lufthansa’s air cargo and logistics division sank to an operating loss in the first half of the year despite lower fuel prices and an increase in revenues.The logistics segment, which includes Lufthansa Cargo, Jettainer and its share of AeroLogic, saw first-half revenues increase by 4% on last year to €1.2bn ...
-
News
DSV ups profit forecast as airfreight volumes takeoff
DSV has raised its profit forecast for the year as its airfreight division grabbed market share and it benefitted from exchange rate gains in the second quarter.The Danish forwarder recorded a 10% year-on-year increase in airfreight volumes during the second quarter to 77,000 tonnes.Air revenues increased by more than 4% ...
-
News
Qatar Airways receives Nepalese forwarders' award
Qatar Airways Cargo has received an award from the Nepal Freight Forwarders Association (NEFFA) for its cargo performance in the country during 2014.The Middle East passenger and cargo airline received the accolade for lifting the highest tonnage of cargo from the Asian country last year.In April this year, the carrier's ...
-
News
From the spare room to the boardroom: Bowman’s 20 years at Air Charter Service
Air Charter Service chief executive Justin Bowman has celebrated 20 years at the company, which he joined after lodging with the broker company’s founder.Bowman first became aware of ACS when as a student he moved into founder and chairman Chris Leach’s spare room in the early 1990s.Leach said: “During the ...
-
News
FedEx and Atlas join coalition to back Middle East carriers in US subsidy row
FedEx and Atlas Air have joined up with two other US carriers to create the US Airlines for Open Skies Coalition, in support of Middle East Gulf airlines who have been accused of distorting competition via state subsidies.US-based parcels giant FedEx and lessor Atlas have joined forces with JetBlue Airways ...
-
News
Quick change B737 for Mistral Air
PEMCO World Air Services has redelivered a converted Boeing 737-300QC (Quick Change) to Automatic, a US-based aircraft leasing company.US-based passenger to freighter conversion specialist PEMCO said that the aircraft, built in 1998, is to be operated by Mistral Air based in Italy.Mistral Air is one of the main Italian air ...
-
News
WFS expands at Heathrow
Cargo handler Worldwide Flight Services has signed a lease for a “significant” new facility at the Heathrow Cargo Centre (HCC).Property owner Airport Property Partnership (APP), owned by SEGRO and Aviva Investors, said WFS had signed up to take a 7,650 sq m airside unit at HCC.Alan Holland, director of APP ...
-
News
Thailand's Trans Air Cargo pushes ahead with e-AWBs
Thailand’s second largest air forwarder, Trans Air Cargo (TAC), has continued to increase its use of e air waybills.TAC began its digital transition in the spring of 2015 and is now sending 400 to 500 electronic-air waybills (e-AWB) per month.“Continuous engagement with airlines on a local level is an important ...
-
News
Brussels launches probe into FedEx’s proposed TNT takeover
The European Commission has opened an in-depth investigation into FedEx’s proposed $4.8bn takeover of TNT Express over concerns the deal could reduce competition and push up prices.The Commission said it had concerns that on a number of European markets for international express and regular small package deliveries, the merged entity ...