All Airlines Articles – Page 225
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News
Cargo chiefs optimistic on 2018 profitability
The majority (56%) of airline chief financial officers and heads of cargo expect their profitability levels to improve further over the coming 12 months.An early January 2018 survey for the IATA Airline Business Confidence Index saw the passenger and cargo executives indicate an improvement in year-on-year profitability in the final ...
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Asia Pacific carriers saw 9.8% cargo growth in 2017
Asia Pacific airlines’ international air cargo market enjoyed “robust growth” of 9.8% in 2017, underpinned by an “acceleration in economic activity” across most regions.Preliminary traffic figures for the full calendar year 2017 released by the Association of Asia Pacific Airlines (AAPA) showed that international air cargo demand registered its “fastest ...
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Aviation welcomes African open skies agreement
The African Union (AU) has launched the Single African Air Transport Market (SAATM) as it hopes to capitalise on the benefits brought by air transport.It is hoped that a single aviation market, launched yesterday at the AU Summit, will help promote trade, cross-border investments and create an additional 300,000 direct ...
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News
FirstAir plans Ottawa cargo expansion
Canadian airline FirstAir has applied for government funding to expand its cargo facilities at Ottawa Airport as it anticipates demand growth over the coming years.The wholly Inuit-owned airline said that it expects cargo demand to grow by 28% over the next five years and therefore needs to ensure that it ...
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American Airlines Cargo hopes to capitalise on new European destinations
American Airlines' cargo division is hoping that it can benefit from the addition of three new European destinations to the carrier's network.Beginning on May 4, American will add new services from Philadelphia to Budapest and Prague, while on June 7 it will begin serving Reykjavik from Dallas Fort Worth.In May, ...
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News
LATAM achieves CEIV for Miami handling operation
LATAM Cargo has achieved CEIV certification for its handling operations in Miami, following on from gaining the validation for its airline operations last year.The Chile-based airline said the achievement is the result of a joint and co-ordinated effort of different departments across the company and ensures its commitment to become ...
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NewsCargo the star performer for American Airlines
Cargo was the star performer for American Airlines in 2017 as revenues increased at a double-digit percentage pace on the pack of demand and yield improvements.The Dallas-headquartered airline registered a 14.3% year on year increase in cargo revenues to $800m on the back of a 15% jump in traffic to ...
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News
It's a RAP, Virgin Atlantic Cargo approves CSafe's container for pharma shipments
Virgin Atlantic Cargo has approved CSafe’s new RAP container for transporting temperature-sensitive healthcare products, becoming the first UK airline to do so.Following its approval by both the US Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA), the unit has been approved by Virgin Atlantic’s own operations specialists ...
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News
American Airlines reports ahead of market cargo growth
American Airlines enjoyed ahead of market cargo growth in 2017 as it introduced new flights, aircraft and booking technology.The airline said cargo traffic increased by 15% for the year, which Air Cargo News estimates would have put its total for the year at around 2.8bn cargo ton miles.The improvement was ...
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NewsAsian cargo monthly: A bumper year for Chinese carriers
Asian airlines enjoyed a strong 2017, with several carriers reporting their best cargo performance over recent years.The region’s largest cargo carrier, Cathay Pacific, saw cargo demand increase by 9% year on year to reach 11.6bn cargo and mail revenue tonne kms.This is the carrier’s busiest year for freight since Air ...
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News
Severe weather hits air cargo operations
Severe weather over the last few days has caused disruption to cargo and express operations in the US and Europe.Yesterday (January 18) Amsterdam Schiphol Airport was forced to close when a powerful storm hit the Netherlands, while airports in the southeast of the US also continue to be affected.Schiphol Airport ...
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News
A380 saved as Emirates places order for 36 aircraft
Dubai-based Emirates has signed a Memorandum of Understanding (MoU) to acquire up to 36 additional A380 aircraft, the giant aircraft which had been facing the axe due to a lack of demand.Following the order, Airbus said production of the aircraft would continue for at least the next ten years, while ...
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NewsEuropean Cargo Monthly: Stellar year for carriers, but still not back to heady heights
Last year was a period of huge improvement for European airlines when looking at cargo traffic, but the region’s major bellyhold and combination carriers still lag behind figures registered at the start of the decade.The largest combination carrier group, Lufthansa, saw overall demand for the year increase by 7.2% to ...
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NewsDelta Cargo ends the year on a high as traffic and revenues improve
Delta Cargo’s year ended on a high despite interruptions to operations caused by poor weather conditions and a power outage at its Atlanta hub.The US airline saw overall cargo traffic for 2017 increase by 8.6% year on year – roughly in line with overall market growth – to reach 2.1bn ...
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Virgin Atlantic Cargo: Keeping it simple
It was a busy first 90 days for Dominic Kennedy after becoming managing director of Virgin Atlantic Cargo, spending time with teams in functional areas that were not part of his previous role as director, commercial planning with the UK carrier.There are equally busy times ahead as Kennedy looks to ...
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TIACA continues to broaden presence with Latin American MoUs
Air cargo organisation TIACA is continuing to expand its global presence by signing three Memorandum of Understanding (MoU) with Latin American organisations.The MoUs are with Buenos Aires, Argentina-based Americas Alliance (AA), Bogotá, Colombia-headquartered Federation of National Associations of Cargo Agents and International Logistical Operators of Latin America and the Caribbean ...
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SAA Cargo rallies to fly race cars for Dakar competition
South African Airways Cargo (SAA Cargo) has once again partnered with the Toyota Gazoo Racing South Africa Team to provide transportation services ahead of the 2018 Dakar Rally.The partnership, which has been running since 2012, sees SAA Cargo transport three vehicles and spares, weighing about 7,941 kg in total, with ...
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News
China Airlines signs up to offer CSafe pharma containers
China Airlines will be able to offer pharma customers access to CSafe Global's temperature-controlled air cargo containers after the two firms signed an agreement.“We are pleased to sign this new master lease agreement with CSafe Global” said China Airlines.“Our healthcare and pharmaceutical customers who require strict temperature control of their ...
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News
US air cargo carriers share $228m military contract
US air cargo carriers have won a share of a $228m military contract from the Transportation Command.The contract was awarded to 14 airlines is for international commercial scheduled air cargo transportation services.Services the carriers will provide included time-definite, door-to-door pickup and delivery, in-transit visibility, expedited customs processing and clearance of ...
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NewsAirfreight rates end the year on a high
Airfreight rates ended the year on a high, but indications are that pricing slowed towards the end of the year in line with the Christmas slowdown.The latest airfreight rates from TAC Index show that rates on services from Hong Kong to North America and Hong Kong to Europe increased in ...