All Airlines Articles – Page 239
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News
EgyptAir Cargo to add pharma product
EgyptAir Cargo has revealed it will launch a pharma product this summer after signing a deal for passive containers with va-Q-tec.The airline said that va-Q-tec's passive container rental service will enable deviation-free transportation of temperature-sensitive pharmaceuticals around the world to over 70 EgyptAir Cargo destinations.The two companies finalised the deal ...
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European Commission updates Air Safety list of restricted carriers
The European Commission has updated the European Union (EU) Air Safety List, the list of non-European airlines that do not meet international safety standards, and are subject to an operating ban or operational restrictions within the European Union.Following the update, all airlines certified in Benin and Mozambique are cleared from ...
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Oman Air appoints GAC as it looks to expand in Europe
Oman Air Cargo has selected ECS Group subsidiary Globe Air Cargo (GAC) as its sales partner in the Benelux region of Europe.The contract came into effect on April 1 and will provide the carrier with overnight transit cargo volume to its gateways in Paris (CDG), London (LON) and Frankfurt (FRA).According ...
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Industry-wide data platform an inevitability
The air cargo industry should develop a sector-wide data system if it is to meet shipper to demand for end-to-end supply chain visibility.Speakers at the innovation in air cargo session at Air Cargo Europe agreed that creating supply chain efficiencies through digital solutions would be a key demand from shippers ...
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Cargojet sees revenues improve on Air Canada deal
Freighter airline Cargojet saw revenues increase during the first quarter of the year but income was down.The Canadian airline saw first-quarter revenues improve by 13.3% year on year to C$87.1m, but earnings before taxes for the period declined by 35.6% on a year earlier to C$3.8m and net earnings dropped ...
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IATA's STB Cargo to push on industry transformation
IATA’s recently created Simplifying The Business (STB) Cargo project will aim to push industry transformation in the areas of visibility, processes and booking.Speaking at an Air Cargo Europe conference session, Celine Hourcade, head of cargo transformation at IATA, said STB Cargo had been developed out of the flagship IATA STB ...
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News
Pharma freight focus at Munich conference
Pharmaceutical logistics will take centre stage in Munich at an exclusive symposium organised by Air Cargo News.Timed to coincide with the Air Cargo Europe (ACE) conference and exhibition, the Air Cargo News 90 minute symposium will start at 12 noon on Wednesday May 10 at Forum IV, Hall B2 (West) ...
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NewsAF KLM Cargo sees decline in Q1 revenues
Air France KLM saw revenues decline in the first quarter of the year despite an improvement in traffic.The Franco-Dutch airline saw first quarter revenues decline by 4.7% year on year to €504m, despite traffic for the period increasing by 0.5% to 2bn revenue tonne km.Cargo capacity at the airline group ...
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Airfreight rates continue to rise in April
Airfreight rates continued to track ahead of last year’s levels on three key trade lanes in April.The latest figures from Tac Index show airfreight rates paid to carriers improved in April both year-on-year and month-on-month on services from Hong Kong to the US and Hong Kong to Europe.Meanwhile, prices on ...
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Delta's Joyce adds airport role to cargo responsibility
Delta Air Lines head of cargo Gareth Joyce has taken on extra responsibility for airport customer service.Joyce, who was appointed as president of cargo in mid-2016, has also taken on the role of senior vice president – airport customer service.The extra responsibility of in-airport customer service means Joyce now leads ...
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John Lloyd to leave Virgin Atlantic Cargo in September
John Lloyd, Virgin Atlantic's senior vice president for cargo, is to leave the company in September.In a statement, Virgin Atlantic said: "We can confirm John Lloyd has decided to leave Virgin Atlantic Cargo for a fresh new challenge at the end of September."We will certainly be sad to see John ...
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New director of cargo at Cathay Pacific
Simon Large is to leave his role as director of cargo at Cathay Pacific to become director of customer on June 1.Taking over from Large is James Ginns, who is currently director of service delivery. Ginns has worked with Cathay and parent Swire for 26 years, holding a variety of ...
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NewsAir cargo demand growth reaches six year high
Air cargo traffic grew at its fastest rate since late 2010 in March as the industry continues to benefit from an uptick in world trade and export orders.The latest figures from airline body IATA show that in freight tonne km terms traffic increased by 14% year on year in March, ...
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NewsAmerican sees cargo revenues and traffic improve in Q1
American Airlines saw its cargo traffic and revenues increase during the first quarter of the year, but this was not enough to stop yields declining.The US airline, which recently won the Cargo Airline of the Year award, registered a 13.8% year-on-year improvement in first-quarter traffic to 619m cargo ton miles, ...
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Alitalia to enter into administration
Alitalia will make a formal request to enter into bankruptcy after employees last week rejected a rescue plan.The Italian flag carrier’s board of directors, which convened after a shareholder meeting, decided to proceed with administration in light of the “serious economic and financial situation of the company”, the shareholders’ unavailability ...
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Air cargo growth strengthens in March
Air cargo demand growth continued to impress in March with double-digit percentage growth on the back of modal shift and consumer product launches.The latest figures from analyst WorldACD show that demand in chargeable weight terms increased by 14.6% year on year – numbers not seen since the recovery years of ...
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NewsLufthansa's cargo segment leads the way as it gets back in the black
Lufthansa’s cargo and logistics business returned to the black at an operating profit level in the first quarter as it led the company to its best performance for the period since 2008.The airline group’s logistics division, which includes Cargo, time:matters and other cargo related shareholdings, saw revenues increase by 18.5% ...
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Asian carriers report double-digit percentage improvement in demand for March
Asian airlines reported double-digit percentage improvements in cargo demand in March as manufacturing in the region continued to expand.The latest figures from the Association of Asia Pacific Airlines (AAPA) showed that cargo demand increased by 12.7% in March in freight tonne km (FTK) terms.The association said the “healthy” increase was ...
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Alitalia's future in balance as shareholders called in
The future of Alitalia is hanging in the balance after workers voted against a rescue deal on Monday (April 24).In response to the vote, the Italian airline's board has called a meeting of shareholders - including Etihad, banks UniCredit and Intesa as well as infrastructure firm Atlantia - to discuss ...
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Frankfurt's Speed Gate processes 100,000 tonnes
Lufthansa Cargo's need for speed has seen it load the 100,000th tonne of cargo via Fraport's Speed Gate at Frankfurt Airport in CargoCity South.Freight is unloaded at four automated gates at the press of a button, security checked within the gates and subsequently brought directly to the aircraft.Lufthansa Cargo's board ...