All Top Story articles – Page 120
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NewsCardinal Global Logistics invests in automated cargo insurance
Eyal Goldberg, chief executive and founder, Breeze. Photo: Breeze via MeantimeDigital cargo insurance firm Breeze has partnered with logistics software provider Ceedbox and freight forwarder Cardinal Global Logistics to develop a solution that aims to deliver seamless and instant all-risk cargo insurance, tackling the prevalent, global issue of underinsured freight.Cardinal ...
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Video: What are air cargo's biggest opportunities?
At last week’s IATA World Cargo Symposium in Istanbul, the Air Cargo News team spoke to a variety of attendees to find out what they see as the main opportunities for the air cargo industry. IATA global head of cargo Brendan Sullivan, Awery Aviation customer success manager Phaedra den Hertog ...
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NewsAir France KLM sees cargo revenues slide in Q1
Air France KLM Martinair Cargo (AFKLMP) saw revenues and demand decline in the first quarter of the year as the market slowdown affected performance.The Franco-Dutch airline group saw first-quarter cargo revenues decline by 26.1% year on year to €672m, while cargo traffic was down 11.8% on a year earlier to ...
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NewsMaastricht Aachen Airport starts runway renovations to support cargo flow
Photo: Maastricht Aachen AirportMaastricht Aachen Airport has started renovation work on its runway as part of an infrastructure investment plan of up to €100m over the next few years.The Dutch airport is investing €35.3m in its runway upgrade between May and June in anticipation of a project to extend its ...
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ATSG sees no diminished demand for leased freighters
Lessor ATSG hasn’t seen a dip in demand for freighters despite a difficult first quarter on account of "operating headwinds".The Wilmington, Ohio-headquartered firm said its aircraft leasing business Cargo Aircraft Management (CAM) "has seen no reduction in demand for its desirable leased freighters, and continues to invest with the expectation ...
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IAG Cargo sees cargo revenues decline despite demand increase
IAG Cargo registered a decline in its cargo revenues in the first quarter of the year despite seeing demand decrease.The cargo business, which includes British Airways, Iberia and Aer Lingus, registered a 25.2% year-on-year decrease in first-quarter air cargo revenues to €323m, while traffic increased 13.6% to 1.1bn cargo tonne ...
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NewsKenya Airways Cargo achieves CEIV Pharma
Source: Kenya Airways CargoKenya Airways Cargo has been awarded IATA's CEIV Pharma certification for its KQ Pharma Facility as it targets the healthcare market.The certification means that Kenya Airways' pharma facility complies with IATA Temperature Control Regulations and "adheres to international standards and best practices in cold chain and pharmaceutical ...
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Insights
Airfreight rates slide in April
Airfreight rates on major east-west trade lanes declined in April as indicators of a recovery in March showed signs of fading (see chart below).The latest statistics from Baltic Exchange Airfreight Index (BAI) show declines in prices between Asia and Europe, Asia and North America and across the Atlantic.The falls are ...
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InsightsAfrican air cargo sets its sights on long-term growth
Africa’s air cargo market is setting its sights on long-term growth, but in the meantime the continent continues to suffer from the strength of the US dollar and the impact of inflation on export markets.Summarising the last few years, Kenya Airways cargo director Dick Murianki says that there was a ...
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InsightsAir Atlanta opens new chapter with move to 777s
Air Atlanta Icelandic is going against the grain at the moment. At a time when a soft market is accelerating the exit of older aircraft from the scene, the Iceland-based airline is reactivating three B747-400 planes. By June all three should be in action, says chief executive Baldvin Mar Hermannsson.Those ...
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Insights
Putzger perspective: Changing places
Lufthansa Cargo is changing chief executives – again. Dorothea von Boxberg has departed for Brussels, where she assumes her new role as chief executive of Brussels Airlines, another outfit in the Lufthansa Group. In addition, she is taking on the mantle of “Representative of the Executive Board to the European ...
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Insights
Supply chain spotlight: The future of flight
As the aviation industry continues to innovate and adapt to advancements in technology, the UK's Department for Transport (DfT) has formed a new Future of Flight Industry Group.The purpose of the group is to create a UK Future of Flight system, benefitting both the public and industry, that focuses on ...
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NewsLufthansa Cargo sees revenues, profits and volumes fall in Q1
After three consecutive years of record profits, it was back to earth with a bump for Lufthansa Cargo in the first quarter of the year as revenues, profits and volumes all declined.The German airline's logistics division, which includes Lufthansa Cargo, Jettainer, time:matters, HeyWorld and a 50% stake in AeroLogic, registered ...
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New chief executive for Atlas Air Worldwide
Atlas Air Worldwide has appointed executive vice president and chief commercial officer Michael Steen as chief executive from June 15.He succeeds John Dietrich, who is retiring from the company after nearly 25 years.Steen has more than 30 years of experience in aviation and logistics, including 16 years of executive leadership ...
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NewsVideo: Air cargo sector highlights its key challenges
At last week’s IATA World Cargo Symposium in Istanbul, the Air Cargo News team spoke to a variety of attendees to find out what they see as the main challenges currently faced by the air cargo industry. The recruitment challenge was one theme mentioned by many of ...
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NewsNew all-cargo service between China and UK
Source: Cargo FirstAirline European Cargo and Shenzhen Sharing Express Logistic-Tech (SSELT) have launched an all-cargo service between China and the UK to target e-commerce volumes.The new service will operate between Chengdu Shuangliu International Airport and Bournemouth Airport utilising European Cargo's 70-tonne capacity converted Airbus A340 aircraft.The flights will initially operate ...
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NewsMagma Aviation starts first regular flights into China
Photo: Chapman FreebornFreighter operator Magma Aviation has added its first regular scheduled flights to China.The Chapman Freeborn subsidiary's China operations address growing demand and broaden its access to customers in the Asia Pacific region, the airline said.Taking place three to four times per week on a Boeing 747-400 freighter, the ...
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Airbus A350 freighter entry-into-service slips to 2026
Airbus has shifted the entry into service date for the A350 freighter into 2026.The airframer, which has disclosed first-quarter results, said the industrial planning for the freighter is being “slightly adjusted” as its initial milestones are reached.Chief executive Guillaume Faury, speaking during the results briefing, said the slip was a ...
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NewsQatar Airways Cargo launches first cargo hub outside of Qatar
Qatar Airways Cargo’s chief officer, Guillaume Halleux, and Yvonne Makolo, chief executive of RwandAir officially launched operations at the Kigali Africa Hub. Photo: Qatar Airways CargoQatar Airways Cargo has launched a Kigali, Rwanda cargo hub in partnership with RwandAir.This is the carrier’s first cargo hub outside Qatar and will be ...
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Virgin Atlantic Cargo expands digital shipment services
Virgin Atlantic Cargo has expanded its digital platform to enable its customers to quote, book, manage, and track their cargo shipments online.The carrier has launched online platform 'myVS', which enables its customers to book and manage shipments anytime, anywhere, track shipments in real-time, and explore and compare its flight schedules.Part ...