All Top Story articles – Page 113
-
NewsIATA lowers expectations for cargo revenues and yields
IATA has lowered its expectations for air cargo revenues and yields for the year due to growing capacity and a weak demand outlook.In its latest airline profitability report, the airline association predicted cargo revenues of $142.3bn this year, which is 31.3% down on last year and behind the $149.4bn that ...
-
NewsAmeriflight enters the drone era
Photo: AmeriflightAmeriflight has received Federal Aviation Administration (FAA) approval to operate drones, the largest existing Part 135 cargo airline to do so, says the Dallas-based operator.It allows Ameriflight to conduct drone operations under its current Part 119 Air Carrier Certificate for Part 135 operations.It also gives approval to add the ...
-
InsightsAll change for energy airfreight
Reduced heavylift capacity, costs and shifts in the oil market have forced the air charter market to think outside the box, but new opportunities are emerging in the energy airfreight sector.The reduction in heavylift airfreight capacity since the invasion of Ukraine is prompting manufacturers in the energy sector to consider ...
-
NewsHow agility and preparedness drive humanitarian response
Pierre Van Der Stichele, vice president global cargo division, Air Partner. Photo: Air PartnerIn a world filled with increasing uncertainty, being prepared and agile in saving lives and safeguarding businesses during humanitarian crises is crucial.Humanitarian crises have become increasingly prevalent in recent years, disrupting global dynamics and causing widespread impacts.From ...
-
Insights
Night flights vital to UK economy
On May 9, Logistics UK submitted its response to the UK Department for Transport's (DfT) consultation on night-time noise abatement objectives for the designated airports Gatwick, Heathrow and Stansted.Within its response, Logistics UK highlighted the importance of night flights to the UK's trade and economy and reiterated its view that ...
-
InterviewsAir France KLM Martinair Cargo aims for digital differentiation
The last few years have seen the air cargo industry rapidly enhance its digital capabilities but Air France KLM Martinair Cargo hopes to stay ahead of the curve. Air France KLM Martinair Cargo (AFKLMP) has always been at the forefront of digitalisation in air cargo: it was one of the ...
-
Insights
Putzger perspective: Engine trouble
In May, the US Postal Service did something rather startling. It announced plans to lower rates on some packages. For years parcel rates have only gone in one direction – up, at a steep angle. Year after year, e-commerce shippers have had to swallow eye-watering rate hikes (in double digits, ...
-
News
Reduced demand and returning belly capacity result in "double whammy" for airfreight rates
Soft demand and continued returning belly capacity combined to hit airfreight rates again in May, and pressure on rates is expected for the rest of the year."2023 airfreight rates continue to grind lower, and the month of May was no different, enduring a double whammy of soft demand and the ...
-
InsightsEmbedding sustainability in your business strategy
Have you done your ESG materiality assessment?Sustainability pressures, as seen in the latest TIACA Air Cargo Sustainability Report, produced by Change Horizon annually, are ever increasing with 78% of customers, 69% of employees, and 62% of local communities and business partners asking for change.The strategic necessity of sustainable business credentials ...
-
NewsBoeing delivers Air Tanzania's first ever freighter
Source: BoeingBoeing has delivered Air Tanzania’s first ever dedicated freighter.The delivery of the 767-300F also marks the first direct 767 freighter delivery from Boeing to an African carrier.Air Cargo News first reported on the order in November 2021, when the United Republic of Tanzania placed an order for a 767-300F ...
-
NewsAvia Solutions buys Slovakia’s AirExplore
Photo: Avia Solutions GroupACMI (aircraft, crew, maintenance, and insurance) operator Avia Solutions Group has acquired Slovak-based ACMI and charter airline AirExplore.Headquartered in Bratislava, and established 13 years ago, AirExplore operates ten Boeing 737-800 aircraft, two of them in freighter configuration. The acquisition brings Avia’s total fleet to of 180 aircraft.Avia ...
-
NewsNauck to boost NEO’s Neutral Solutions
Sascha Nauck. Photo: NEO Air CharterGerman cargo charter broker NEO Air Charter has appointed Sascha Nauck as airfreight business development manager, heading up its Neutral Airfreight Solutions division.His 24-year career includes spells at logistics service provider DB Schenker and GSSAs Kales Group and Euro Cargo Aviation.The new division of the ...
-
NewsASL extends Liège contract with Swissport
Photo: SwissportCargo operator ASL Airlines Belgium has extended its collaboration with Swissport Belgium at Liège Airport.The partnership, which dates back to 2017, now covers all services including ramp handling, warehousing and customs clearance for general, perishable, and sensitive pharmaceutical cargo.ASL Airlines Belgium operates cargo flights between Liège and China, the ...
-
News
Geodis acquires Swiss freight forwarder
France headquartered transport and logistics services provider Geodis has acquired the Swiss freight forwarder, ITS - International Transport & Shipping Ltd.Marie-Christine Lombard, chief executive of Geodis, commented: “Switzerland is home to a wide number of multinational companies that are key GEODIS customers, among them several dynamic members of the pharmaceutical ...
-
NewsWFS boosts capacity at Chicago O’Hare Airport
Photo: WFSWorldwide Flight Services (WFS) has increased its cargo capacity at Chicago O’Hare International Airport by more than 10% with the opening of a further cargo terminal.The cargo handler, acquired by SATS in April, has signed a 15-year lease on the new facility in the airport’s northeast cargo area, which ...
-
News
Kale Logistics Solutions signs Alaska development deal
IT solutions provider Kale Logistics Solutions has signed a memorandum of understanding with terminal operator NorthLink Aviation for digital cargo infrastructure at Ted Stevens Anchorage International Airport in Alaska.They plan to create process automation platforms for e-commerce and cargo handling, a stakeholder collaboration platform and other cross-border management tools.Kale specialises ...
-
News
Air Cargo News Awards entry deadline extended!
The entry deadline for the Air Cargo News Awards has been extended to 5pm BST on June 9.This means companies interested in demonstrating their value to the air cargo industry now have one week left to submit their entries.This year there are nine awards to enter, while a further six ...
-
News
Air Mauritius signs worldwide deal with Champ Cargosystems
Air Mauritius has extended its relationship with airfreight IT firm Champ Cargosystems to a worldwide contract, including the EU, as it prepares to adopt the latter’s new ICS2 (Import Control System 2) regulation.Founded in 1967, Air Mauritius links the island nation with Europe, Asia, Australia, and Africa, serving ten non-stop ...
-
News
Fruit and veg exports feed Cathay freight volume
Japanese foodstuff exports to Hong Kong are helping to keep Cathay Cargo freight volumes healthy, reported Cathay Pacific regional head of cargo, Shuichi Ueba.Following the Covid-19 pandemic, the carrier has built up flights at Sapporo, from where it is currently exporting Hokkaido scallops.Elsewhere in the region, Ueba noted that the ...
-
News
Qatar Airways signs up for green jet fuel with Shell
Qatar Airways has signed a deal with Shell for 3,000 tonnes of neat (undiluted) Sustainable Aviation Fuel (SAF) at air cargo hub Amsterdam Schiphol Airport.The deal falls under the airline's existing jet fuel contract at the airport, but will now include at least 5% SAF over the contract period for ...