All Airlines Articles – Page 188
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NewsPICTURE SPECIAL: Cargolux celebrates 50th anniversary
All-cargo carrier Cargolux is celebrating 50 years of operations which, since its establishment in 1970 (see images below), have seen it expand to become one of the leading freight-only operators in Europe and seventh on IATA’s global ranking based on international scheduled FTKs.In a statement, the airline explained: "Exactly half ...
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ATSG reports record revenues but profits slide
Freighter lessor and operator ATSG saw revenues climb to record levels last year but profits declined.The Wilmington-headquartered company reported revenues for the year of $1.4bn compared with $892m last year, while earnings from continuing operations declined by 18.2% to $71.6m and net earnings declined by 11.7% to $61m.The company said ...
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IATA calls for suspension of airport slot rules
IATA has called for airport slot rules to be suspended immediately and for the 2020 season in response to the coronavirus.The airline group said that it is contacting aviation regulators worldwide to request suspension of rules governing use of airport slots.At present, the rules for slot allocation mean that airlines ...
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Former Atlas CEO Flynn scoops Amtrak top job
Former chief executive of Atlas Air Worldwide Bill Flynn has landed the top job at North American rail firm Amtrak.Flynn will take over as chief executive and president on April 15, succeeding former Delta Air Lines chief executive Richard Anderson, who joined Amtrak in July 2017 on a three-year contract.Flynn ...
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IAG Cargo: Decline in revenues reflects market conditions
IAG Cargo has reported a 7.2% year-on-year decrease in revenues in its full-year results for 2019.From January 1 to December 31 last year, the carrier listed revenues of €1,117 m.IAG Cargo also reported a 2.4% decrease in volumes and a 1% increase in capacity. Meanwhile, the company's yield last year ...
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Etihad Cargo partners with ECS Group subsidiaries as part of strategised commercial transformation
Etihad Cargo has entered into cargo service provider (CSP) agreements with ECS Group subsidiaries.As part of one of the agreements, Globe Air will provide Etihad Cargo with "customer services, reservations, post-flight support, operations support, accounting and billing support services" at Etihad Cargo's hubs in the US, UK, Germany, Netherlands, Singapore, ...
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NewsGovernment reactions to coronavirus inconsistent, says AAPA
Shanghai Pudong - Pactl TerminalMeasures taken by governments in response to the coronavirus outbreak are not always helpful, according to the Director General of the Association of Asia Pacific Airlines.“The proliferation of uncoordinated travel advisories and border restrictions imposed by governments, whilst well-intentioned, are inconsistent with WHO recommendations and International ...
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NewsEmirates SkyCargo appoints new cargo manager for India
Abdulla AlkhallafiEmirates SkyCargo has appointed Abdulla Alkhallafi as its new cargo manager for India.Alkhallafi will be based out of Delhi and will be overseeing all commercial and operational aspects of Emirates SkyCargo in one of the air cargo carrier’s most important markets globally.He takes over from Keki Patel, who will ...
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Market talk: CargoLogicAir suspends operations?
Rumours continue to circulate that UK-based freighter operator CargoLogicAir has suspended operations.Some reports have suggested that the company is being wound down as a result of market conditions and the financial outlook.Others have been in touch to suggest that the airline had been issued with a level one audit finding ...
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Atlas Air expects China demand surge over coming weeks
Atlas Air Worldwide is expecting a surge in cargo over the coming weeks as Chinese factories continue to return to full operation following the extended Chinese New Year holiday closure.Speaking shortly after announcing its fourth quarter results, chairman and chief executive John Dietrich said that the group was getting a ...
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NewsCargolux, Lufthansa and DSV Panalpina increase China freighter services
Cargolux B747-8FCargolux, Lufthansa and DSV Panalpina will increase freighter capacity to China over the coming weeks as production lines resume operations.The move comes as freighter operators brace for a spike in demand from China as a result of passenger airlines cutting services due to low demand and factories slowly starting ...
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Qatar Cargo freighters join coronavirus relief efforts
Five Qatar Airways Cargo freighters departed to China today carrying approximately 300 tonnes of medical supplies donated by the airline to support coronavirus relief efforts.The five flights departed one after the other bound for Beijing, Shanghai and Guangzhou as part of Qatar Airways’ voluntary offer of free air cargo transportation ...
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Cargojet revenues buoyed by record peak season
Cargojet recorded a 7% year-on-year increase in revenues in 2019, helped in part by a strong end to the year.The Canada-based freighter operator saw revenues for 2019 reach C$486.6m, adjust earnings before interest, tax, depreciation and amortisation (EBITDA) were up 21.9% to C$119.2m but net earnings were down 42.6% to ...
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Atlas Air parks up B747Fs as market conditions take their toll
Atlas Air has parked four of its B747-400 converted freighters and plans to reduce the use of more widebody aircraft as it reports a loss for 2019.The aircraft lessor’s full-year results show a net loss of $293.1m, while revenues rose slightly to $2.7bn from $2.6bn a year earlier.The company said ...
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SF Airlines resumes European flights for coronavirus shipments
China's largest freighter operator SF Airlines has resumed flights to Frankfurt Hahn ahead of schedule in order to meet demand for medical supplies following the coronavirus outbreak.The airline said that its Wuxi-Chongqing-Hahn-Wuxi service restarted on February 14 following the extended Chinese New Year holiday break."At present, the demand for the ...
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Lufthansa Cargo partners with portal Fleet for booking and tracking
Online cargo portal Fleet will become one of the first companies to connect into Lufthansa Cargo's latest booking and Application Programming Interfaces (APIs) for booking and tracking.The Frankfurt hubbed carrier said that it would connect with Fleet through its new smartBooking API to simplify the portal's customers' ability to quote ...
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Bloomberg: HNA airline assets could be put up for sale
Reports suggest China could be about to take over troubled conglomerate HNA and sell off its airline assets.Bloomberg yesterday reported that the government of Hainan, where the company is based, is in talks to "seize control" of HNA.Quoting sources, the news wire said that the majority of airline assets would ...
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NewsAir France KLM cargo revenues take a hit in 2019
The Air France KLM group saw its cargo revenues drop last year as market overcapacity took its toll on performance.The Franco-Dutch airline group saw total cargo revenues for the year drop by 5.9% to €2.1bn on the back of a 2.3% drop in volumes to 1.1m tonnes.Its cargo load factor ...
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Qatar Airways lifts IAG stake to 25%
Qatar Airways has increased its shareholding in British Airways and Iberia parent IAG from 21.4% to 25.1%.The Doha-based carrier initially took a stake in IAG at the start of 2015, before increasing it to just over a 20% in 2016.“Our investment to date has been highly successful and the announced ...
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ANA joins the cargo.one digital booking platform
All Nippon Airways (ANA) has joined the cargo.one air cargo booking platform as it continues its digital drive.ANA said that it would benefit from gaining access to cargo.one's European customers base. Meanwhile, the move will simplify the booking process for existing customers.ANA and cargo.one started the integration of their core ...