All Airlines Articles – Page 155
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News
Strong Q3 for FedEx as it predicts ongoing freighter demand
FedEx saw revenues and profits rise in its fiscal third quarter results, while it also predicts ongoing bellyhold capacity shortages in air cargo.The express giant saw fiscal third-quarter revenues increase by 22.9% year on year to $21.5bn, operating profits improved 145.7% to $1bn and net income was up 64.7% to ...
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NewsUkraine International awards WFS Milan handling deal
Ukraine International Airlines has awarded Worldwide Flight Services (WFS) an 18-month cargo handling contract in Milan Malpensa.From next month, WFS will handle cargo onboard the airline’s three Boeing 737 flights per week. Flights are expected to be ramped up to daily in June.In December, WFS also announced a new agreement ...
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Amazon Air expands operations in Alaska
Amazon Air is today launching flights to Fairbanks International Airport in Alaska.The e-commerce giant said Fairbanks is its second location in the state - after it launched operations to Anchorage in 2019.The first flight of the daily service will arrive this evening from Portland International.The flight will be operated by ...
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FedEx and DoT hit out at Hong Kong quarantine rules
The US Department of Transport (DoT) may limit flights by the Cathay Pacific Group airlines in response to the latest Hong Kong's quarantine rules, saying they disproportionately affect US carriers.The new quarantine rules require that all Hong Kong-based crews quarantine for two or three weeks when returning from an international ...
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News
AFKLMP sets up Covid Service Centre to manage vaccine shipments
Air France KLM Martinair Cargo (AFKLMP) has established a Covid Service Centre to manage all of its coronavirus vaccine shipments.The service centre, which was launched after a trial in selected countries, caters to the temperature requirements of different vaccines.Suitable for use with different container types, the service centre enables shipments ...
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NewsAir cargo demand up in February but regional trends differ
Air cargo demand continued to increase in February but regional performance varies greatly, according to the latest statistics from data provider WorldACD.Figures for February show that demand in weight during the month increased by 1.1% year on year (YoY). Over the first two months of the year, which helps offset ...
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Cargo volumes have skyrocketed – but are forwarders and truckers paying the price?
In his latest column, Brandon Fried, executive director of the US Airforwarders Association, explains the cost impact of airport logjams for forwarders and truckers. Despite encouraging progress towards widespread distribution, the Covid-19 vaccine, many consumers remain quarantined at home, choosing the convenience of online delivery of their essential merchandise.The subsequent ...
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SIA expresses cautious optimism amid vaccine rollouts
Singapore Airlines (SIA) plans to steadily expand its network in the coming months, as it sees a gradual recovery stemming from global vaccination campaigns.In its February traffic data, cargo remained the brightspot: SIA enjoyed a cargo load factor of 94.6%, 35.9 percentage points higher than February 2029. Nonetheless, FTKs were ...
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NewsLufthansa and Oman Air announce CEIV pharma achievements
Lufthansa Cargo has achieved CEIV Pharma certification at facilities in Munich and Chicago, while Oman Air has gained the standard for its operations.Oman Air said that after successfully obtaining the standard, it now aims to grow its participation in the pharma market.Abdulaziz Al Raisi, chief executive of Oman Air, said: ...
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NewsEmirates SkyCargo marks a year of PAX-freighter flights
Emirates SkyCargo operated its first passenger freighter flight a year-ago today.The Dubai-hubbed carrier said that on March 16 2020, a Boeing B777-300ER passenger aircraft took off from Dubai and flew to Kuwait carrying only 34 tonnes of cargo.It was the first time that Emirates had operated a cargo only flight ...
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News
Emirates SkyCargo aims to streamline DG processes through new partnership
Emirates SkyCargo and the Dubai Civil Aviation Authority(DCAA) will work together to streamline processes for the transportation of dangerous goods (DGs).Following the signing of a Memorandum of Understanding (MoU), the two entities will work together to "strengthen mechanisms to proactively share information on certain classes of DG booked for transport ...
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News
SpiceXpress contributes to Bangladesh-Spain road-air operation
SpiceXpress, the cargo division of SpiceJet, helped transport cargo from Dakha in Bangladesh to Spain via Kolkata and New Delhi as part of a road-air operation.The cargo, which amounted to 48 tonnes and included fashion garments, was transported from Dhaka to Kolkata airport via road and then to New Delhi ...
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Pandemic freight demand assists pared-back CargoLogicAir
Freight activity catalysed by the pandemic helped UK-based CargoLogicAir last year to improve on a weak performance in 2019, the company has disclosed.The carrier – linked to Russia’s Volga-Dnepr Group – ran into problems in 2020 and sought a temporary suspension of its operating licence, which was subsequently restored in ...
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Latam Airlines eyes Colombia expansion as restructuring continues
Latam Airlines Group sees opportunities to refocus its attention and resources towards the Colombian market, following the collapse of its Argentinian unit last year.Describing the closure of Latam Airlines Argentina in June 2020 as a “very hard decision”, Latam Airlines Group chief executive Roberto Alvo told a Capa Live event ...
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Qatar Cargo offers discounts to local manufacturers
Qatar Airways Cargo will offer offer discounted rates to local Qatari manufacturers that are clients of Qatar Development Bank (QDB).The special discount is available to more than 350 Qatari exporters – QDB clients – that wish to export their locally made products on Qatar Airways Cargo flights.The two partners said ...
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NewsIcelandair to add B767 freighters through Titan deal
Icelandair is selling two B767-300ER aircraft to Titan Aircraft Investments (TAI) that will be converted into freighters and leased back to the airline.TAI, which is a joint venture between Atlas Air-owned Titan Aviation Holdings (TAH) and Bain Capital Credit, said that following conversion, the aircraft would be placed on long-term ...
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Positive cargo revenues for Cathay as group makes an overall loss
Hong Kong-based Cathay Pacific Group has highlighted the performance of its cargo division in its full-year 2020 financial results, as its overall performance was hit by the effects of the pandemic.The group posted an operating loss of HK$18.1bn last year; in 2019, it achieved profits of HK$3.4bn. Group revenues declined ...
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Amazon takes stake in ATSG
Amazon Air has taken a $132m stake in lessor and cargo aircraft operator Air Transport Services Group (ATSG).Amazon is exercising warrants that it has held since 2016 and 2018 to acquire 13.5m shares in the cargo airline, paying $9.73 per share, ATSG says in a filing with the Securities and ...
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NewsK+N and American partner to deploy 11m litres of SAF
Kuehne+Nagel has entered into an agreement with American Airlines to deploy 11m litres of sustainable aviation fuel (SAF).The deal is part of K+N's Net Zero Carbon programme. Through the agreement, American will allocate a portion of the carbon reduction benefit generated through its use of SAF to K+N.Also as part ...
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Lufthansa Cargo downplays impact of vaccine volumes
Lufthansa Cargo is not expecting Covid-19 vaccine volumes to have as much of an impact on the air cargo market as many had first thought.Speaking following the announcement of the cargo firm's 2020 financial results, chief executive Dorothea von Boxberg outlined findings from Accenture Strategy and Consulting, which estimate that ...