All Airlines Articles – Page 151
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News
IAG Cargo notes "strong" start to the year in Q1 2021 results
IAG Cargo has recorded a year-on-year increase in revenues in the first quarter of this year, which it attributed to "cargo markets still impacted by the pandemic".The carrier posted revenues of €350m in the first three months of this year — 50% higher than the same period a year earlier.Overall ...
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NewsA year of cargo-in-the-cabin flights at Emirates SkyCargo
Emirates SkyCargo has marked its one-year anniversary of carrying PPE and other vital cargo in the cabins of its Boeing 777-300ER passenger aircraft.A year ago, to bridge the capacity shortfall and enable the transportation of cargo urgently needed in the global fight against the pandemic, Emirates SkyCargo began carrying cargo ...
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News
ATSG revenues decline in Q1 despite strong cargo results
Aircraft lessor ATSG has recorded decreased revenues and earnings before interest, tax, depreciation, and amortisation (ebitda) in the first quarter of this year, partly due to decreased passenger services in the wake of the pandemic.The company achieved revenues of $376.1m in the first quarter of this year — 3.4% lower ...
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News
Turkish Cargo adds Munich freighter flights
Turkish Cargo will add freighter flights to Munich as it looks to capitalise on high-tech and automotive demand from the German city.The airline said that it will use an Airbus A330F on the weekly flight between Istanbul and Munich."Munich is considered as the technological metropolis of Germany, and it hosts ...
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News
Atlas Air Worldwide set for strong H1 performance in 2021
Freighter operator Atlas Air Worldwide has achieved increased net income and ebitda (earnings before interest, tax, depreciation, and amortisation) in the first quarter of this year and it expects continued strong performance.In its first quarter 2021 results, the freighter operator recorded a 33.8% year-on-year increase in revenues to $861.3m. Net ...
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News
IATA: Cargo demand at "all time high" but capacity is yet to recover
Air cargo volumes in March reached an all-time high for the month, according to IATA in its latest air cargo analysis.The association said that global air cargo demand, measured in cargo-tonne kilometres (CTKs) was 4.4% higher in March 2021 than in March 2019, which was used for comparison to avoid ...
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News
E-commerce demand boosts Cargojet in Q1
Cargojet saw revenues and profits increase in the first quarter of the year as it continued to benefit from a boom in e-commerce demand.The Canada-based aircraft owner and operator saw first-quarter revenues increase by 30.3% year on year to C$160.3m, earnings before interest and tax were up from a C$0.9m ...
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NewsLufthansa Cargo homes in on fuel reduction through aircraft coating
AeroShark film being applied - Credit: Lufthansa Cargo Oliver RöslerLufthansa Cargo will coat its freighter aircraft in a surface film that can reduce fuel consumption.The AeroShark film developed by Lufthansa Technik and BASF consists of riblets measuring around 50 micrometers and optimises the aerodynamics on flow-related parts of the aircraft.It ...
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NewsAmerican Airlines Cargo to expand pharma service capacity
American Airlines Cargo has expanded the capacity of its ExpediteTC solution for transporting temperature-sensitive pharma shipments following a successful trial.The carrier partnered with pharma packaging firm CSafe Global and data logging business CargoSense to conduct trials that concluded how it can effectively expand the capacity of its pharma service.The trial ...
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News
Etihad Cargo expands dry ice carrying capacity
Etihad Cargo has received UAE General Civil Aviation Authority (GCAA) approval to expand dry ice carrying capabilities across its Boeing Dreamliner and Boeing 777 fleet.The GCAA approval means the carrier’s main Boeing fleet can now carry up to five times more dry ice per flight, enabling it to provide "enhanced ...
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News
SAS names new president and chief executive
SAS has appointed Anko van der Werff to its board of directors, as well as into the role of president and chief executive - effective from mid-July 2021.Van der Werff currently leads the airline group at Avianca Holdings in Colombia.SAS also appointed Karl Sandlund, chief commercial officer at SAS, as ...
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NewsCargolux's profits reach a record high in 2020
Cargolux last year recorded record profits as the loss of bellyhold operations boosted demand for all-cargo aircraft.The freighter operator, which last year celebrated its 50th anniversary, achieved a 3745% year on year increase in net profits to $768.7m. Its previous record was $211.2m in 2018.Cargolux also recorded revenues of $3.17bn ...
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NewsSilk Way West expands fleet with B777 freighter order
Zaur Akhundov, Silk Way Group, and Stan Deal, Boeing Commercial Airplanes Copyright Silk Way WestSilk Way West Airlines will expand its fleet through the addition of five production Boeing 777 freighter aircraft.The aircraft will be delivered between 2023-2027 and, as well as being the first B777Fs in the Silk Way ...
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News
Caribbean Cargo adds capacity on routes
Caribbean Airlines Cargo is increasing its weekly freighter capacity to meet growing demand on its Miami-Kingston-Miami and Miami-Trinidad-Miami routes.From May 2, the carrier is adding 200,000 lb of airfreight capacity each week with additional flights.The updated schedule includes four weekly flights between Miami and Trinidad, as the carrier launches a ...
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News
Cathay Pacific targets digital cargo with One Record trial in Hong Kong
A trial of IATA One Record initiative was carried out by companies at Hong Kong International, including Cathay Pacific, as part of efforts to move to paperless processes in air cargo.The pilot, which ran in Hong Kong in March, was a joint initiative between Cathay Pacific Cargo and the Airport ...
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News
MasAir to lease two Airbus A330-200P2Fs from Altavair
As part of its expansion strategy, Mexican freighter operator MasAir is leasing two Airbus A330-200P2F (passenger-to-freighter) aircraft from Altavair.The agreement covers the leasing of two converted aircraft that will be delivered to MasAir early next year.The carrier is also investing more than $5m in hiring and training crew and technical ...
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NewsCainiao targets Hainan free trade zone with freighter flights
Alibaba logistics arm Cainiao Smart Logistics Network has launched seven freighter flights to Hainan to meet demand following the island's designation as a free trade zone.The charter flights will operate between Singapore and Sanya and Haikou airports on the island. This comprises five weekly Haikou-Singapore direct flights and twice weekly ...
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NewsAsk the expert: The Future of Air Cargo
Air Cargo News — in partnership with Air Cargo Europe — will host the Future of Air Cargo webinar and we would like to give our readers the chance to submit question to our panel of experts.The webinar will explore how air cargo will emerge from the Covid crisis and ...
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News
Kenya Airways partners with Congo Airways on excess cargo capacity
Kenya Airways has entered into a two-year agreement with Congo Airways that will see them sharing excess cargo capacity.Kenya Airways chief executive Allan Kilavuka and Congo Airways' director general Desire Balazire Bantu signed a Memorandum of Understanding (MoU) yesterday, withessed by Kenyan president Uhuru Kenyatta and his Congolese host Felix ...
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NewsAirBridgeCargo moves exhibits for Hong Kong exhibition
AirBridgeCargo Airlines (АВС) has collaborated with ART-Сourier to transport more than 200 museum exhibits on a scheduled flight from Moscow to Hong Kong.The freighter operator carried the exhibits, which were packaged inside wooden climate-controlled crates equipped with shock sensors, on one of its Boeing 747-8 freighter aircraft.The goods, which originated ...