All Airlines Articles – Page 119
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News
Challenge Group joins The Air Charter Association
The Challenge Group has become a member of trade association The Air Charter Association (ACA).Open to both passenger and cargo transport, The Air Charter Association has seen its number of cargo providers increase due to several factors, starting with the pandemic and the geopolitical situation.At the same time, air cargo ...
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NewsVienna Airport sees pharma volumes grow as Austrian signs up to VPHC
Source: Vienna AirportAustrian Airlines has signed up to use the Vienna Airport Pharma Handling Center (VPHC) for all of its cargo volumes at the Austrian airport.Vienna Airport said the deal with the Lufthansa Group-owned airline would further establish the airport as a pharma hub for central and eastern Europe.The airport ...
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News
Texel Air orders two 737-800BCFs
Bahrain-based cargo airline Texel Air is growing its 737-800 Boeing Converted Freighters (BCF) fleet with two more conversions ordered.Chisholm Enterprises subsidiary Texel Air previously ordered two 737-800BCFs and took re-delivery of the first in January 2022, becoming the first operator in the Middle East region to include the 737-800BCF in ...
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News
Airfreight rates to continue to rise despite easing demand?
The current easing of the airfreight market may only be a temporary blip and rates could rise further once lockdowns in China are lifted, according to Bruce Chan, senior analyst at investment bank Stifel.In the latest Baltic Exchange market round-up, Chan said that despite a year on year drop in ...
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NewsLufthansa Cargo orders ten Boeing freighters
Boeing B777F and B777-8F. Copyright: BoeingLufthansa Cargo has ordered three Boeing 777F freighters and seven new-generation 777-8F freighters to increase its airfreight capacity.In addition, leases for two Boeing 777F freighters, which run through 2024, will be extended for seven years each through 2031.The first of the 777F aircraft, which could ...
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NewsQatar Airways Cargo sets salmon record
Photo: Qatar Airways CargoQatar Airways Cargo has celebrated a record year for salmon shipments out of Norway.The cargo carrier “transported more than 46,000 tonnes of Norwegian seafood in 2021,” said Rob Veltman, vice president cargo Europe at Qatar Airways.This is “the highest result yet,” he noted, adding: “The airline transports ...
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NewsairBaltic reopens cargo operations from Kyiv
Photo: airBalticLatvian airline airBaltic has reopened cargo operations from Kyiv, Ukraine by organising a multimodal mail transportation system in cooperation with Ukrposhta, the national postal service of Ukraine.Martin Gauss, chief executive officer of airBaltic, said: “We do our utmost to help the Ukrainian nation. As a result, a regular truck ...
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News
ATSG revenues up in Q1 2021 fuelled by e-commerce demand
US lessor Air Transport Services Group (ATSG) reported revenues of $486m for the first quarter of 2022, up 29% compared with the first quarter of 2021.ATSG said adjusted EBITDA was $158m, up 49% from the first quarter of 2021. Full year 2021 revenues were $1.73bn, up 10% year on year.The ...
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News
IAG Cargo revenues up 23% year on year
IAG Cargo has reported revenues of €432m for the first quarter of 2022; an increase of 23.4% on the same time in 2021.This positive first quarter for the cargo division of IAG (International Airlines Group) for the period from January 1 to March 31 2022 follows a record year in ...
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News
Lufthansa Cargo breaks more records in Q1
Lufthansa's cargo business continued to report record performance in the first quarter of the year as it benefitted from additional capacity and higher rates.The Germany-based airline’s logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and its investment in AeroLogic, saw first quarter revenues reach a record for the period of ...
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NewsAmerijet seeks exemption for US-China cargo service
Photo: AmerijetAmerijet has applied for an exemption from the US Department of Transportation (DOT) to carry out cargo flights between the US and China for at least two years.An application to the DOT by the Miami-Florida-headquartered airline, dated May 2, said: "Amerijet intends to commence scheduled B767F all-cargo service between ...
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NewsAir Cargo News Awards entry deadline extended
In response to high demand, companies now have an extra week to submit their entries for the Air Cargo News Awards.The extension means that those wishing to enter one of our nine awards categories have until May 13 to submit their entries.The awards honour and celebrate those companies that have ...
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News
Pharma and express bolsters Air France-KLM Q1 cargo revenues
Pharma and express deliveries and higher market prices have helped Air France-KLM Group’s total cargo revenues in the first quarter of 2022 hit €910m, an increase of 8.5% since the first quarter of 2021.This increase in revenues is fully driven by a higher yield thanks to the focus on Pharmaceutical ...
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NewsCainiao deal boosts Saudia Cargo's e-commerce volumes
Source: Saudia CargoSaudia Cargo has reported a double-digit increase in e-commerce volumes since it partnered with Cainiao last year.The airline told Air Cargo News that its e-commerce volumes had increased by around 30% since last year.In March last year, Saudia Cargo and the Alibaba logistics arm teamed up on 12 ...
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Insights
Putzger perspective: Cargo capacity alignments
In mid-April Air France-KLM inked an order for four A350 freighters, with options on another four. Both airlines that make up the tandem have a long and proud history in cargo, but the years before the pandemic saw their freighter fleet shrink to two B777-200Fs.Airline planning horizons must extend beyond ...
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InsightsMore expansion on the cards for Mexican freighter operator mas
Airfreight fleet expansion is surging ahead down Mexico way, with independent cargo airline mas set to operate 18 leased freighters by 2024.The Mexico-based cargo carrier mas, once part of the Latam Group but now backed by the Mexico-based Discovery Americas investment fund, is well on the way to meeting its ...
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InsightsNordic air cargo market weathers turbulence
Challenges created by ongoing reduced airfreight capacity and Ukraine war constraints have seen the Nordic air cargo market continue to invest and innovate to meet new challenges, writes Damian Brett.Times have been turbulent for the Nordic air cargo market over the last couple of years.Like much of the industry, companies ...
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NewsIATA: Air cargo demand drops in March amid "growing challenges"
Source: IATACovid, the Ukraine war and oil prices all contributed to a drop in demand in global air cargo markets in March, according to data from the International Air Transport Association (IATA).Cargo demand is tracking below pre-Covid-19 levels, and like February, capacity remained constrained.Global demand, measured in cargo tonne-kilometers (CTKs), ...
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News
Qatar Cargo launches next stage of its WeQare charitable initiative
Qatar Airways Cargo has launched the latest "chapter" in its WeQare charitable initiative.The third part of the carrier's initiative is titled Let's Stand Together and will include a donation drive that seeks to gather donations in kind for children, from April 26 to May 10.The donation drive focuses on three ...
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NewsIAG Cargo benefits from expansion of Spain-US flights
Source: IAG CargoIAG Cargo is benefiting from a 40% increase in flights between Spain to the US since March from its airline sister companies, Iberia and LEVEL.Iberia's expanded network includes regular connectivity between Madrid and Los Angeles, Boston, and Chicago, with flights to New York and Miami departing twice a ...