All Airlines Articles – Page 143
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News
Air cargo faces China supply chain disruption
New Covid quarantine rules for cargo workers at key gateways in China are putting air cargo supply chains under pressure.Over the last few weeks, Covid cases in China have begun to pick up as the country contends with the contagious Delta variant of the virus.To contain outbreaks, lockdowns and stricter ...
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NewsBBAM and EFW confirm A320/A321 conversion numbers
Source: Titan AirwaysLeasing firm BBAM has ordered a minimum of 20 Airbus A320/A321 Passenger-to-Freighter (P2F) conversions per year through to 2025 from EFW.The order volume translates into a minimum of five slots per year, although the partners did not specify how these would divided up between the aircraft types.The agreement ...
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News
Thai AirAsia parent widens second-quarter operating loss
Thai AirAsia parent company Asia Aviation widened its second-quarter operating loss — with revenue decline outpacing cost reduction efforts — as the low-cost carrier eyes alternative revenue streams in e-commerce and cargo.For the quarter ended June 30, Asia Aviation posted a Bt2.8bn ($84m) operating loss, widening from the Bt1.8bn loss ...
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News
Cargojet continues international expansion with 21Air investment
Cargojet has invested in a minority share of US freighter operator 21Air as it looks to grow internationally.Cargojet will acquire a 25% interest in 21Air and will "continue to collaborate with 21Air on mutually beneficial opportunities in this expanding air cargo market".21Air is certified by the US Federal Aviation Administration ...
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Etihad Cargo revenues offset "dip" in passenger in H1 2021
Etihad Airways's half-year cargo revenues offset a "dip" in passenger operations, as it continues to make a "progressive recovery" in the wake of the pandemic.The group's cargo division posted a 56% year-on-year increase in revenues to $800m.This achievement was driven by a 44% year-on-year increase in freight carried in the ...
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InsightsCLIVE: Carriers tweak capacity as load factors weaken in July
Air cargo dynamic load factors hit their lowest level since the start of the Covid-pandemic in July as the industry entered the summer slack season, according to the latest figures from CLIVE Data Services.CLIVE data shows that dynamic load factors stood at 66% in July, which is down by three ...
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InsightsOngoing boost from shipping and bellyhold shortages for freighter operators
A slow recovery in belly capacity and higher rates in ocean shipping are expected to boost air cargo for the coming years, according to Boeing’s Tom Crabtree.Speaking to Air Cargo News, Crabtree, who is regional director, Boeing Commercial Airplanes market analysis — air cargo, said that air cargo demand had ...
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News
Qatar Cargo continues digital push with WiseTech partnership
Qatar Airways Cargo has continued its digital push with the implementation of data connections with air cargo software provider WiseTech Global.The airline said that connecting directly with WiseTech will help to eliminate multiple intermediary data exchange points between freight forwarders and airline operating systems."These direct data feeds also add real ...
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News
Crew quarantine measures hold back Cathay Pacific Cargo in H1
Hong Kong quarantine restrictions took their toll on Cathay Pacific's first-half performance with revenues and volumes all declining compared with a year earlier.The airline saw its first-half cargo revenues decline by 0.6% on last year to HK$11.1bn, while cargo revenue tonne kms (RFTK) were down 20.1% to 3.3bn and the ...
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NewsPartners Delta and Virgin re-sign with dnata for UK cargo handling
dnata Heathrow City East Phase 2. Source: Virgin AtlanticVirgin Atlantic Cargo and Delta Cargo have extended their cargo handling contract with dnata at seven UK hubs for another five years.The extended contract covers ground handing and export services from the airlines' joint London Heathrow hub and Manchester Airport as well ...
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NewsAvianca Holdings adds new cargo head as sector's importance grows
Gabriel Olivia. Source: AviancaAvianca Holdings has appointed Gabriel Oliva as executive vice president and head of its cargo unit.Oliva, who will take up the role on August 18, has more than 20 years of experience in executive positions in a range of industries, with over 10 years of experience in ...
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News
Silk Way West interlines with Astral as it looks to Africa
Silk Way West Airlines has signed an interline agreement with Astral Aviation as it looks to offer destinations in Africa.The two freighter operators will use Dubai World Central as a transit point for cargo being transferred between the two airlines.Astral will connect Dubai to Nairobi where cargo can then be ...
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News
Titan Airways' new Malta business to add freighters
Titan Airways has set up a new Maltese airline that will operate A321 freighters as it looks to establish a presence in the European Union.The new Maltese AOC will begin operations utilising an A321-200 passenger aircraft but two A321P2Fs will join the fleet this the summer.Another two EFW A321 conversions ...
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NewsAntonov Airlines flies mining equipment from France to Argentina
Image source: Antonov AirlinesHeavy-lift freighter operator Antonov Airlines has carried 40 tonnes of mining equipment from France to Argentina via Brazil.Cargo included a large semi-autogenous grinding (SAG) mill head, which was split into four parts sections and transported on an AN-124-100 chartered by Dynami Aviation.Antonov Airlines said the aircraft type ...
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NewsLATAM takes steps towards cutting emissions with modernised fleet
Image source: AirbusLATAM Airlines has taken steps towards reducing its emissions with the purchase of 28 new A320neo aircraft, as it continues its fleet modernisation plan.The agreement is in addition to the 42 narrow body aircraft already agreed upon — bringing the total to 70 — as part of the ...
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News
Atlas Air revenues driven up by higher rates and volumes in Q2
Freighter operator Atlas Air Worldwide has achieved increased revenues and net income in the second quarter of this year – due to higher rates and the “significantly improved” performance of its Airline Operations division.In its second-quarter 2021 results, the freighter operator recorded a 20% year-on-year increase in revenues to $990.4m. ...
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Lufthansa Cargo optimistic for the future after positive Q2
Lufthansa's cargo business recorded improvements in revenues, profits and volumes in the second quarter as it benefited from higher rates.The airline group's logistics segment, which includes Lufthansa Cargo, time:matters, Jettainer and an equity investment in AeroLogic, saw second-quarter revenues increase by 13% on last year to €766m, while earnings before ...
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Preighters unlikely to offset rising air cargo demand
The use of passenger aircraft in an all-cargo configuration is unlikely to offset rising air cargo demand for the peak season.Writing in the Baltic Exchange monthly market summary, Bruce Chan, vice president of global logistics at investment bank Stifel said that issues in ocean shipping, high ocean prices and ongoing ...
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Cathay Pacific caters for garment sector with Pittsburgh flights
Cathay Pacific Cargo has restarted operations to Pittsburgh International Airport (PIT) with twice-weekly pax-cargo flights.The Hong Kong-hubbed carrier re-launched flights on August 2 utilising Boeing 777-300ER passenger planes converted for cargo.The carrier plans to continue serving the US airport through to the end of the year. Cargo onboard the aircraft ...
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News
Cargo.one launches in N. America with capacity available from 18 carriers
Digital airfreight booking platform cargo.one has gone live in North America, enabling freight forwarders based in the US and Canada to view and instantly book airfreight capacity in real-time.The platform, which is free for freight forwarders to sign up to and use, offers cargo capacity in North America from 18 ...