All articles by Air Cargo News (Admin) – Page 119
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News
IATA: April sees fuel prices pick up and load factors decline
The latest Airlines Financial Monitor from IATA indicates that cargo load factors have dropped back to levels last seen at the start of 2017.Across the air cargo industry, the freight load factor fell 0.5% in April compared to the same month of 2017.Capacity (available freight tonne-km, AFTK) increased 5.1% year ...
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cargo-partner sees revenues rise on airfreight growth
Austria-based logistics firm cargo-partner has posted a 2% rise in its consolidated turnover for 2017, at €698m. Net profit for the year totalled €6m.Chief executive Stefan Krauter said: “We had a successful start into the business year and have achieved volume growths in all our business areas. The general upward ...
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Air Partner: record freight performance
UK-based charter broker Air Partner has reported results for the financial year ended January 31, including details of the accounting review it undertook to resolve an error detected during its year-end close process.The company’s gross profit for the year stood at £36.1m, up 13.8% on the previous reporting period. Underlying ...
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Hactl and ABC overcome outsize challenge
First published in June 2018:Hong Kong Air Cargo Terminals Limited (Hactl) has handled two Boeing 747-8 Freighter charter flights operated by Russian all-cargo carrier AirBridgeCargo Airlines (ABC), each carrying nearly 19 tonnes of 20m-long machinery components from Schiphol to Hong Kong.Hactl chief operating officer Chee Hong Tan noted: “These were ...
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China Airlines steadfast on maindeck fleet
In this day and age there are not many carriers — particularly combination carriers — outside of the Middle East with substantial freighter fleets.High oil prices plus the peaks and extended troughs over the past decade have taken their toll on the appetites of carriers for any large exposure to ...
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European airports' freight growth continues in April
ACI Europe, the European airport trade association, has reported a continuing “robust growth trend” during April, with freight traffic across European gateways up 3.9% over the same month of 2017.In terms of aircraft movements, the number of dedicated cargo flights grew by 3.5% in April.EU airports saw their freight throughput ...
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US implements ACAS cargo security requirements
The US Department of Homeland Security (DHS) has implemented its air cargo advanced screening (ACAS) requirements for cargo entering the country following the completion of a pilot programme.In an interim final rule making coming into force today, the DHS has required that air cargo data is submitted to Customs and ...
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Turkish, ZTO and PAL Air form new global integrator
Turkish Cargo has signed a strategic partnership with China’s ZTO Express (the world’s largest parcel distributor) and Hong Kong-based GSSA PAL Air in what the freight-carrying arm of Turkish Airlines has described as a “game changer for the global express transport business”.The deal will create a new joint venture integrator, ...
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NewsGlen Gates joins Amerijet senior management team
Miami-headquartered all-cargo airline Amerijet has named Glen Gates director of charter sales, responsible for overseeing the growth and diversification of that side of the carrier’s business.The appointment is intended to “fortify the entire Amerijet senior management team and help take the company to the next level of charter sales”, said ...
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DHL Global Forwarding looks to expand dedicated freighter service
DHL Global Forwarding (DHL GF) is looking at addition routes with dedicated freighters, providing steady and predictable cargo uplift on trunk routes for customers as demand continues to outpace capacity.David Goldberg, chief executive of DHL Global Forwarding in the US, said that the global economy looks set to continue a ...
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Brussels Airlines' cargo load factor rises
In May, Brussels Airlines achieved a year-on-year increase of 4.3 percentage points in its cargo load factor, which averaged 69.7%.Capacity totalled 219,77 available ton-km, up 1.7% year on year, while revenue ton-km reached 174,203, a rise of 7.5% over May 2017.The carrier transported 4,446 tons of freight during the month.The ...
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Solar Arctic boat flies with Cargolux
All-cargo carrier Cargolux is moving a prototype solar-powered boat from Luxembourg to Calgary ahead of an Arctic expedition on behalf of non-profit environmental awareness organisation DreamTime.French navigator Anne Quéméré will undertake a solo journey in the boat, aiming to make the 3,500 km trip from Tuktoyaktuk in northwestern Canada, through ...
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Lufthansa picks WFS for Newark ramp handling
Germany’s Lufthansa has awarded a three-year ramp handling contract to Paris-headquartered Worldwide Flight Services (WFS) at Newark Liberty International Airport in the US.The deal comes into effect with the start of the Lufthansa Group’s summer schedule, which includes three Lufthansa flights per day to Frankfurt, Dusseldorf and Munich as well ...
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Budapest Airport welcomes Kuehne + Nagel
Logistics firm Kuehne + Nagel is to join Budapest Airport’s cargo community on 1 July, having leased warehouse and office space at the Hungarian gateway.René Droese, director property and cargo at the airport, said: “I look at forwarder companies as our closest strategic partners in developing our cargo route network. ...
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LATAM Cargo joins BARIG
South American freight carrier LATAM Cargo has joined BARIG, the Board of Airlines Representatives in Germany, which voices the interests of around 100 airlines.Noting that cargo is gaining importance within the association, BARIG secretary general Michael Hoppe said: “Air cargo infrastructure and process optimisation at airports are essential topics regarding ...
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Heathrow cargo traffic up as expansion vote approaches
A total of 144,171 metric tonnes of cargo passed through London’s Heathrow gateway in May, up by 0.5% over the same month of last year and the airport’s 22nd consecutive month of record growth.However, this is down on the airport's year-to-date growth rate: over the course of the first five ...
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ST Engineering adds Pensacola MRO facility
Adding to its existing two maintenance, repair and overhaul (MRO) sites in San Antonio, Texas and Mobile, Alabama, Singapore-headquartered ST Engineering has opened a third facility in the US – this one located at Pensacola International Airport in Florida.“Pensacola serves as an excellent base for us to serve the MRO ...
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TAPA publishes truck security standards for industry review
The Transported Asset Protection Association’s (TAPA) has published all three levels of its Parking Security Requirements (PSR) certification programme for industry review.The organisation, which aims to reduce the number of crimes related to trucks, said it is on course to launch the higher levels one and two of its Parking ...
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WiseTech swoops on Canadian Customs technology provider
Software firm WiseTech Global has acquired Fenix Data Systems, a customs management solutions provider in Canada that has deals with several air cargo players.Fenix offers a range of cloud-enabled customs compliance solutions including Customs Self Assessment functionality and CBSA direct connection.Its customers include DHL Express, Farrow, ITN Logistics, Swissport Cargo ...
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WFS scoops three new Scandinavian cargo handling deals
Worldwide Flight Services (WFS) has won three new airline cargo handling contracts in Denmark and Sweden.In Copenhagen, WFS is now handling Ukraine International Airlines’ 10 Boeing 737 flights a week connecting the Danish capital with Kiev.And, in Arlanda, China Eastern has chosen WFS to handle cargo carried onboard its seasonal ...