All Top Story articles – Page 102
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News
CMA CGM Air Cargo faces crosswinds
CMA CGM Air Cargo looked to be facing challenges as its parent shipping group released its second quarter results.French shipping and logistics group CMA CGM did not provide specific financial figures for its cargo airline, but stated that second quarter revenue "from other activities, which include port terminals and CMA ...
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Maersk strengthens airfreight team
Maersk has appointed Juliano Martins as head of airfreight - east coast of South America.São Paulo-based Martins confirmed in a LinkedIn post that he began the role this month.He previously spent 13 years at Brazilian airline Azul Linhas Aéreas Brasileiras. Most recently, he was head of international cargo sales at ...
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NewsSoft demand sees AFKLMP's second quarter revenues drop
Soft demand and lower rates accounted for Air France KLM Martinair Cargo's (AFKLMP) revenues dropping by over a third in the second quarter.Total cargo revenues dropped by 33.9% in the second quarter year on year, said Air France-KLM Group.Capacity was up 6.5% for the quarter, traffic was down 8.5% and ...
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InterviewsDB Schenker aims to keep its freighters flying
How did Covid change airfreight and how can the logistics industry protect and maintain air cargo supply chains during any future pandemic? Those are the questions being considered by air cargo professionals and their customers as Covid-induced supply chain disruption and sky-high airfreight rates become a footnote in history. Freight ...
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Envirotainer majority owner invests in va-Q-tec
Pharma ULD firm Envirotainer will be combined with packaging company va-Q-tec following the latter's majority purchase by EQT Private Equity.The private equity firm had its majority takeover offer of va-Q-tec approved by the Austrian Federal Competition Authority on June 30 and the German Federal Competition Authority on June 12.EQT said ...
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NewsIAG Cargo revenues back at 2019 levels in Q2
IAG Cargo saw its cargo revenues decline in the second quarter on the back of lower yields while volumes continued to rise (see table at end).The airline group reported a 31.9% decline in second-quarter revenues to €280m while traffic increased by 15.8% on last year to 1.1bn cargo tonne km ...
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Hawaiian Airlines receives first of 10 freighters for Amazon operations
Hawaiian Airlines has received the first of 10 freighters that it will operate for e-commerce giant Amazon.In a second quarter earnings conference call, the airline's president and chief executive Peter Ingram said the A330-300 converted aircraft is situated at its headquarters in Honolulu and is due to start operating in ...
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NewsIncheon Airport's new CEO targets cargo
Incheon International Airport's new chief executive Hag Jae Lee is making cargo development at the South Korean airport one of his key priorities.Lee graduated from Seoul National University and earned master’s and doctoral degrees from Chung-Ang University. He has previously served as the mayor of Incheon Metropolitan City’s Seo-gu Office, ...
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News
Amerijet utilises tech to optimise cargo volumes
Freighter operator Amerijet International has selected Quantum-South to provide aircraft load optimisation technology to ensure aircraft are fully utilised.Quantum-South's solution helps to optimize container placement to maximise transported weight, volume, priority mix, or revenue mix, with a focus on Center of Gravity (CoG) optimisation.Another module selects shipments for each flight ...
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Airlines and associations fight to overturn Schiphol flight cut ruling
Airlines and industry associations will institute cassation proceedings against the judgement of the Amsterdam Court of Appeal to allow a reduction in the number of flights at Schiphol Airport.Earlier this month, the Court of Appeal overturned a decision to block plans to cut flight departures at the Dutch hub from ...
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News
Asia Pacific air cargo demand hit by consumer spending shift and higher prices
A shift in consumer spending from goods to services and higher prices were partly to blame for an air cargo demand decline amongst Asia Pacific airlines in June.Preliminary June 2023 traffic figures released by the Association of Asia Pacific Airlines (AAPA) found air cargo demand, as measured in freight tonne ...
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NewsDANX Carousel partners with ELECTRON on electric freighter
Source: DANX CarouselDANX Carousel has invested in aircraft manufacturer ELECTRON as the company looks to develop an electric freighter.The Electron 5 aircraft is designed to transport 500 kg of cargo around 500 km on a single battery charge and can achieve speeds of up to 300km per hour."With its requirement ...
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News
Qatar Cargo selects PROS for real-time pricing
Qatar Airways Cargo has implemetned PROS' Smart Price Optimization and Management solution to offer customers real-time pricing on its booking platform.The real-time pricing engine offers immediate online booking confirmation and personalised pricing using artificial intelligence on the cargo airline's Digital Lounge platform.Customers can price and book cargo shipments without the ...
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NewsUPS reaches agreement with unions to avert strike action
Copyright: UPSUPS and the Teamsters union have come to a tentative agreement over new pay and working conditions.The express giant had been facing potential strike action by around 340,000 union members when the current agreement expires on July 31.However, the two groups yesterday announced the "historic" agreement, which includes more ...
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NewsLos Angeles Airport takes on cargo project
Existing LAX cargo facilities. Source: Los Angeles World AirportsLos Angeles International Airport (LAX) is moving forward with a plan to develop cargo facilities that will help it improve ground handling capacity and efficiency.Airport authority, Los Angeles World Airports (LAWA) has selected a development team led by LAX Community Partners, LLC ...
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IATA hits out at proposed Brussels night flight ban
Airline association IATA has labelled plans to introduce a night flight ban at Brussels Airport as premature.In mid-July, Belgian mobility minister Georges Gilkinet proposed a ban on night flights at the airport between 11pm and 6am from October 2024.IATA said the curfew would predominantly hit cargo flights, which would in ...
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News
AEI expands 737 conversion capacity despite slowdown
Grand China Aviation Maintenance Co (GCAM) has become the sixth Aeronautical Engineers, Inc (AEI) authorised conversion centre.The HNA Aviation Technic Co-owned conversion company will convert at least three AEI Boeing 737-800SFs on behalf of Hainan Airlines at its Hainan facility.AEI said it was expanding capacity to meet an anticipated rise ...
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NewsBIFA appoints environmental policy advisor
The British International Freight Association (BIFA) has appointed Mike Jones as policy advisor on environmental issues.Jones started his career in freight forwarding in 1977 when he joined Pandair Freight Ltd as a break bulk & transhipment clerk and undertook a number of managerial roles following the acquisition of Pandair by ...
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NewsRhenus Group ups its pharma connections
Source: RhenusThe Rhenus Group has become a member of PharmacomItalia, the first Italian technical community of experts in end-to-end pharmaceutical product management and professional training in pharmaceutical logistics.This follows the opening of the Life Sciences & Healthcare vertical within Rhenus' Air & Ocean division in Italy.The admission of the Rhenus ...
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NewsFirst flight for new UK freighter carrier with second aircraft on the way
Source: One AirUK-based freighter operator One Air is preparing for the arrival of its second Boeing 747 freighter shortly after carrying out its inaugural flight.The inaugural commercial flight carrying 100 tonnes landed at Heathrow last night and was a full charter for client Shandong Glory between the UK and Jinan-Shandong.The ...