All Airlines Articles – Page 221
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News
Asia Pacific air cargo growth moderate but still positive in March
Asia Pacific carriers saw "more moderate but still positive growth in air cargo demand" during March as international air passenger markets reported "firm" increases versus the same year in 2017.Preliminary traffic figures from the Association of Asia Pacific Airlines (AAPA) showed that international air cargo demand, measured in freight tonne ...
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UK ministers in Brexit talks with aviation industry
UK government ministers have met with representatives from the country's aviation industry to discuss how the sector can "continue to flourish" after Brexit.Transport Secretary Chris Grayling and Steve Baker, Minister for Exiting the European Union (EU), saw senior representatives from the UK aviation industry today.The meeting follows the agreement in ...
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Air cargo set for index-linked BSAs and derivatives
The air cargo industry could have its first index-linked block space agreements (BSA) completed within six months while a derivatives market is also being launched.Shipping derivatives broker Freight Investor Services (FIS) and rate index TAC Index have teamed up to develop and launch a paper derivatives product, known as forward ...
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Saudia picks ATC Aviation as GSSA for South Africa
ATC Aviation Services has been appointed as the general sales and service agent (GSSA) for Saudia Cargo in South Africa, effective May 1.The Middle East carrier, providing airfreight services to more than 230 destinations, already has a partnership with ATC in Brazil.Stuart Tonkin, ATC’s country manager for South Africa, said: ...
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BARIG intensifies cooperation with Zeitfracht
The Board of Airline Representatives in Germany (BARIG) and Zeitfracht Luftfahrt are to "intensify their cooperation" in air cargo and logistics as part of a partnership agreed at this year's World Cargo Symposium in Dallas in March.BARIG, which represents the interests of around 100 national and international airlines, said that ...
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NewsUnited buoyed by improving cargo revenues
United Airlines Cargo saw cargo revenues improve by double-digit percentage levels during the first quarter of the year on the back of volume growth and higher rates.The Chicago-headquartered airline saw first-quarter cargo revenues increase by 23.1% year on year $293m – its sixth quarterly improvement in revenues in a row.Much ...
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Airlines trim B787 flight range over engine checks
Boeing has imposed range restrictions on 787 aircraft equipped with Rolls-Royce Trent 1000 engines following a new ruling by the Federal Aviation Administration.It has restricted the planes from operating more than 140 minutes from a diversionary airport, compared with the previous 330 minute limit.The European Aviation Safety Agency ordered checks ...
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Air France seeks to end strike impasse
Air France management said on 10 April that it had offered trade unions multi-year pay negotiations between 2019 and 2021 in an effort to find a solution to ongoing strikes that have been disrupting flights over the past few days.The carrier said it had offered general salary increases for 2018, ...
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NewsDelta sees cargo revenues soar in Q1
Delta Air Lines saw cargo volumes take off in the first quarter of the year, while revenues for the period reached their highest level since 2015.The Atlanta-headquartered airline saw total cargo revenues reach $202m, up 23.9% compared with a year earlier.This is the highest level first-quarter cargo revenues at the ...
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IAG confirms interest in Norwegian takeover
International Airlines Group (IAG) has confirmed its interest in Norwegian Air Shuttle and added that it had established a position in the airline.IAG said that it has acquired a 4.6% ownership position in the airline. The minority investment is intended to establish a position from which to initiate discussions with ...
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Air France flights disrupted by second day of strikes
Air France is expecting further delays today due to ongoing strike action by several unions.The airline said that pilot, cabin and ground crew were going ahead with a second day of strike action following yesterday’s stoppages.The airline said it expected the strikes to affect 40% of long-haul flights, 35% of ...
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News
Emirates SkyCargo continues product expansion with AOG offering
Emirates SkyCargo has continued its product expansion with the addition of an aircraft on the ground (AOG) offering.The Dubai-hubbed carrier said the core aim of Emirates AOG is to transport parts on the quickest possible flight connection without compromising on the quality of handling and customer service.The new product includes ...
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Strikes in Germany and France set to disrupt airfreight operations
Strikes by unions in France and Germany are set to disrupt air cargo operations today, with Air France and Lufthansa cancelling hundreds of flights.In Germany, the Verdi trade union has called for a strike over pay at Frankfurt, Munich, Cologne and Bremen airports.In France, pilot, cabin and ground crew have ...
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NewsIATA warns over protectionism as cargo traffic continues to grow
Air cargo traffic continued to improve in February, but IATA has again warned of the impact protectionism could have on the market.According to the latest IATA figures, cargo traffic in freight tonne km terms increased by 6.8% in February, while over the first two months of the year demand is ...
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News
Qatar Airways set to invest in Moscow's Vnukovo airport
Qatar Airways has entered into an memorandum of understanding (MoU) with Moscow's Vnukovo International Airport, Russia’s third-largest hub, to acquire up to 25% of the airport’s total shares.Qatar Airways group chief executive Akbar Al Baker said that the potential investment will complement the Middle East carrier's existing "strong ties" with ...
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February cargo figures point to a good start to the year
Cargo demand growth slowed in February but performance over the first two months represented a “good start of the year”.The latest statistics from analyst WorldACD show that demand increased by 4.4% year on year in February, down on January’s 8.5%.However, this slowdown was to be expected as the Chinese New ...
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Lufthansa Cargo to sell Brussels Airlines' belly space
Lufthansa Cargo will market the cargo capacities of Brussels Airlines, owned by the Lufthansa Group, from September, a move the two airlines claim will benefit customers by offering a wider network.The companies said the move will give Brussels Airlines' customers access to Lufthansa Cargo's route network, which includes around 300 ...
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Airfreight rate boost in February
Airfreight rates increased in February compared with January for only the second time in the last six years.The latest figures from analyst Drewry's Sea and Air Shipper Insight report show that average rates on 28 major east-west routes increased to $2.84 per kg in February compared with $2.76 per kg ...
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Delta and AF KLM co-locate cargo in Seattle as part of one-roof strategy
Delta Cargo and joint venture partner Air France/KLM cargo have co-located their warehouse facilities in Seattle to create a more efficient operation.Air France KLM will also join Virgin Atlantic Cargo at the warehouse, which moved there last year as part of a 'one-roof' strategy between the airlines.During this period this ...
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American names GSAs in Croatia, Slovenia and Kuwait
American Airlines Cargo has appointed general sales agents (GSAs) in three additional destinations outside of its network — Croatia, Slovenia and Kuwait — bringing the US carrier's European reach to 18 cities in 12 countries.R-BAG, the Central Eastern Europe and Balkans specialist, will represent American from Ljubljana Airport (LJU) in ...