All Airlines Articles – Page 218
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News
FIS publishes first airfreight futures forward curve
Freight Investor Services (FIS), which specialises in shipping derivatives, has published the first airfreight forward price curve, "beginning a new era of risk management in this $70bn freight market".FIS has spent 12 months working with index provider TAC Index to develop a "robust methodology" for the airfreight market which accounts ...
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IAG Cargo: lettuce help as green veg shortage is the tip of the iceberg
IAG Cargo is reporting a spike in lettuce volumes as a heatwave results in a shortage of green vegetables.The freight arm of British Airways, Iberia and Aer Lingus said that it had completed a single shipment of over 30,000 heads of iceberg lettuce from Los Angeles to meet a gap ...
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HNA Group co-founder Wang dies after an accident in France
Wang Jian, co-founder and chairman of Chinese conglomerate HNA Group, has died in an accident while on a business trip in Provence, France.Bloomberg, quoting a police source in France, said that Wang, aged 57, died on Tuesday morning after falling from a 15-meter high cliff while having his photograph taken ...
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NewsGulf parr for success with live salmon shipments to Dubai
The first successful shipments of live salmon parr fingerlings (Salmo salar) have flown from Scotland to Dubai.FloatPac, owners of FishPac live seafood transportation systems, said that process involved a total of 38,500 fish transported in 42 bin (pictured below) movements over a five month period on Emirates passenger aircraft under ...
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Cebu signs up for ATR conversions from IPR
IPR Conversions and Cebu Pacific signed an agreement to convert two of its ATR 72-500 passenger aircraft into freighters.The ATR's, which will be equipped with Large Cargo Door (LCD) and Structural Tube together with an Ancra Cargo Loading System (CLS), will be converted at Sabena Technics facility in France.IPR said ...
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Virgin Atlantic expects e-commerce to fuel Hong Kong-Sydney service
Virgin Atlantic Cargo is expecting e-commerce demand to help fill the bellies of new Virgin Australia flights between Hong Kong and Sydney.The flights launched today utilising A330 aircraft offering 15-20 tonnes of capacity. Virgin Atlantic will market the space under the international long-haul sales and management agreement between the two ...
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Asiana Airlines logs into its iCargo airfreight system
Asiana Airlines has officially logged in to its iCargo airfreight system, just 20 months after signing the original implementation agreement with technology supplier IBS Software.The iCargo system handles cargo booking, sales, transportation and import management for the freight operation of the South Korean carrier. It went live after system switching ...
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IAG Cargo opens Critical Service Centre for must-fly products
IAG Cargo has introduced a customer service team dedicated to its Critical emergency solutions product for high priority airfreight.The cargo arm of British Airways, Iberia and Aer lingus has established a Critical Service Centre that will be manned by a dedicated team of emergency solution experts who will monitor, advise ...
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German teamwork is the goal for the nation's air cargo industry
Germany’s airfreight industry has called for closer cooperation and teamwork with regulators to increase digitalisation in the European country's air cargo logistics.Matthias von Randow, managing director of the Federal Association of German Air Traffic Industry (BDL), told a symposium in Berlin that a “significant increase in demand” meant that airfreight's ...
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Air New Zealand hit with A$15m fine for cargo cartel role
Air New Zealand (Air NZ) has been ordered to pay A$15m in fines by an Australian Federal Court for its role in the air cargo cartel.The court found that Air NZ agreed with other airlines to fix the price of fuel and insurance surcharges on airfreight services from Hong Kong, ...
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News
IAG Cargo to transport museum pieces for Assyria exhibition
IAG Cargo will be the logistics partner for the BP exhibition I am Ashurbanipal: king of the world, king of Assyria at the British Museum.The carrier will transport a number of important loans from museums across Europe with its secure service for high-value consignments.The exhibition, open to the public from ...
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Asia Pacific airlines see buoyant cargo markets in May
Association of Asia Pacific Airlines' (AAPA) international air passenger and air cargo markets remained buoyant in May, with further expansion in business activity supporting growth in demand.AAPA said: “Amid rising global trade tensions, Asia Pacific airlines experienced an encouraging 4.9% year-on-year increase in air cargo demand as measured in freight ...
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NewsAsia cargo monthly: Demand continues to grow in May but utilisation slips
Asian airlines continued to see cargo volumes grow at a steady pace in May, but capacity additions mean that freight load factors came under pressure.The region’s largest carrier group, Cathay Pacific, was the only airline in our monthly wrap-up that saw its cargo load factor increase during the month on ...
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The American plane in Spain delivers precious artwork
American Airlines Cargo has transported priceless Spanish art from locations around the globe to San Antonio for the city’s tricentennial celebration.The works by El Greco, Velazquez, Goya, Picasso and other masters will be displayed at the San Antonio Museum of Art exhibition, “Spain: 500 Years of Spanish Painting from the ...
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VIDEO: Mercy Ships calls for air cargo industry support
Airbridge International Agencies (AIA) has become the first air cargo company based in the UK to partner with Mercy Ships for the charity’s annual Cargo Day initiative.Mercy Ships Cargo Day has been running for two years, and is a fundraising campaign that asks the shipping industry to unite on one ...
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IAG Cargo opens third round of Hangar 51 disruptor funding
Air cargo disruptors have a further chance to secure development funding from IAG Cargo, as the major European carrier seeks new ideas or products to optimise cargo operations.IAG Cargo, in collaboration with British Airways and Avios, is now accepting applications for its third Hangar 51 Travel Tech Accelerator Programme, inviting ...
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Russian cargo airlines file flight information to comply with US ruling
Russian cargo carriers have filed information on their flights to and from the US with the Department of Transportation (DoT), in compliance with a new ruling by Washington.In late May, the DoT told three Russian airlines to file detailed information about any services operating in the country, in apparent response ...
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Europe's crowded skies face capacity crunch
Europe’s crowded skies face “serious capacity challenges” according to a new report by Eurocontrol, the organisation for the safety of air navigation in Europe.The Challenges of Growth study finds that without urgent action, the network will be unable to cope with the demand for flights predicted by 2040.Eamonn Brennan, director ...
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Lufthansa "in contact" with low-cost carrier Norwegian
Lufthansa is "in contact" with European low-cost carrier Norwegian Air Shuttle, which is already the target of a bid interest by British Airways owner IAG, confirmed Carsten Spohr, chief executive of the German flag carrier, Reuters reports.Shares in Norwegian Air jumped more than 10% on Monday following the comments by ...
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Etihad reports a loss for 2017 while cargo revenues remain flat
Etihad Airways reported its second annual loss in a row, although performance improved, while cargo revenues were flat and volumes decreased.The Abu Dhabi carrier saw total revenues increase by 3.4% last year to $6.1bn, while core airline loss reached $1.52bn, up from $1.95bn in 2016.Its cargo division saw revenues remain ...