All Airlines Articles – Page 245
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News
December airfreight prices remain ahead of 2015 levels
Airfreight prices continued to track ahead of the year-ago level in December, despite a seasonal drop-off in prices.The latest figures from consultant Drewry’s Sea & Air Shipper Insight report shows that the average buy rate across 21 major east-west routes reached $3.14 per kg in December.December was only the second ...
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NewsAir cargo "outperformed forecasts" in 2016
Air cargo traffic growth “outperformed forecasts” in 2016 after ending the year with a demand surge.The latest figures from IATA show that air cargo traffic measured in freight tonne km (FTK) terms increased by 3.8% year on year in 2016.IATA said this was more than double the average growth rate ...
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News
Air cargo has best quarterly performance since 2010
WorldACD has hailed the final three months of 2016 as the best quarter for air cargo since 2010.The analyst said that demand during the final quarter of last year in weight terms increased by 7.5% year on year, helped by a 9.4% improvement in December.“Contrary to previous years, the origins ...
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News
Seven days a week to Saudi from Manchester
Saudia is to operate twice weekly 787 Dreamliner passenger and cargo flights between Manchester and Riyadh from June 23. The new Monday and Wednesday departures complement five existing flights a week to Jeddah, giving a daily service from the northern UK city to Saudi Arabia.Connections are available to other Middle ...
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News
Emirates to fly into Phnom Penh
Dubai-based Emirates is to launch a daily B777-300ER passenger connection with the Cambodian capital of Phnom Penh on July 1. A new Dubai–Yangon-Phnom Penh route is to be created.The launch of daily services from Dubai to Phnom Penh will coincide with the introduction of a direct, non-stop route between Dubai ...
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News
Airberlin to add three A330-200s to fleet to support long-haul operations
Germany-based low-cost carrier airberlin is adding three wide-body Airbus A330-200 aircraft to its fleet as it prepares for its biggest long-haul summer flight schedule to the US.The new aircraft will join airberlin’s existing A330 fleet of 14 aircraft. The first will go into operation with the carrier this month (February), ...
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News
Norwegian reports record result
Norwegian, otherwise known as Norwegian Air Shuttle, has reported record net profits for 2016.The carrier said that net profit of 1,135mn Norwegian krone ($135.7mn) had been achieved on the back of “global expansion driven by new routes, high load factors and continued fleet renewal”.New intercontinental routes were added over the ...
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News
Happy Anniversary, Cargojet
Canada-based overnight freight carrier Cargojet is celebrating its 15th year in business.“It gives me great joy and pride in joining the Cargojet team, our customers, our shareholders and our Board of Directors in celebrating our 15th year anniversary,” announced Ajay Virmani, president and chief executive.“We have had a tremendous journey ...
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News
UPS hits out at plans to triple Alaska's jet fuel tax
UPS has hit out at proposals to triple the jet fuel tax in Alaska − home to the world’s fifth busiest cargo airport − a move that the integrator says could impact the state’s role in the cargo industry.In a letter to Alaska Transportation Committee Co-Chair Adam Wool, UPS vice ...
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News
Alitalia faces 24-hour strike this week
Alitalia, the Italian flag-carrier, has announced that a 24-hour strike on Thursday of this week (23rd) will hit some of its domestic and international operations.Alitalia has been forced to cancel 60% of its flights on the day due to the planned industrial action which comes after the Alitalia board of ...
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News
UK office handles Antonov Airlines charter
Antonov Airlines has carried out the first charter operation from its new UK headquarters at London Stansted Airport: the shipment of a British-manufactured helicopter.The outsize load, almost 4.4 m high, was flown from the UK to Southeast Asia on one of the airline’s seven Antonov AN-124-100 freighters.Specially designed machinery was ...
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News
Cathay Pacific reveals ‘solid start’ to the year
Cathay Pacific and Cathay Dragon (formerly known as Dragonair) flew a total of 151,133 tonnes of cargo and mail last month, an increase of 2.3% compared to January 2016.The combined cargo and mail load factor rose by 0.3 percentage points to reach 61.9%.Capacity, as measured in available cargo/mail tonne-km, was ...
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News
Volga-Dnepr's supermarket offering supports LNG pipeline logistics
This year has seen continuation of flights flown by Volga-Dnepr Airlines and sister freighter operator AirBridgeCargo Airlines (ABC) under the Volga-Dnepr Group’s Cargo Supermarket offering.One ongoing project involves Volga-Dnepr Airlines operating a series of Antonov AN-124-100 and Ilyushin IL-76TD-90VD charter flights in addition to using capacity on the scheduled Boeing ...
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News
Air Canada reports results for 2016
Air Canada has reported record EBITDAR (earnings before interest, taxes, depreciation, amortisation and aircraft rent), excluding special items, of C$2.77bn for 2016.The previous record was last year’s figure of C$2.54bn. The 2016 result represents an increase of 8.9% over that.Operating revenue reached C$14.68, compared to C$13.87 in 2015.A C$30m recovery ...
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News
Qatar Airways Cargo celebrates Miami freighter launch
Qatar Airways Cargo inaugurated a Boeing 777 freighter connection with Miami International Airport (MIA) from its Doha hub on February 2, the route also taking in South American stops at Sao Paulo in Brazil, Buenos Aires in Argentina and Quito in Ecuador, as well as in Luxembourg.The inaugural was celebrated ...
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NewsEuropean Cargo Monthly: Mixed bag for European airlines in January
January was a mixed month for Europe’s combination carriers on the cargo front, with Lufthansa and IAG reporting increases in traffic while demand was down at Air France KLM and Finnair.Lufthansa, the largest of the four carriers in cargo terms, saw January cargo traffic increase by 4.9% year on year ...
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News
Alitalia business plan takes a step forward
The board of directors of Italian airline Alitalia have agreed that a final adjusted business plan will be presented by the end of the month (March 2017).The board met yesterday (Thursday) to hear a review from independent advisors Roland Berger on the airline’s proposed business plan.The board was also presented ...
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News
Air France KLM's cargo business records 2016 operating loss
The Air France KLM Group saw its cargo division record another operating loss last year, although there was a slight improvement as headcount was reduced and freighters were taken out of action.The Franco-Dutch airline recorded a full-year operating loss of €244m, compared with a €245m loss in 2015.Cargo revenues for ...
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News
Lufthansa and pilots' union agree to mediator's recommendation
The dispute over pay between Lufthansa and its pilots looks to be coming to an end as both groups have agreed to mediator recommendations.The two groups said they agreed to the mediator’s recommendation of an annual pay rise of 2% backdated to January 2016, another rise of 2.3% from January ...
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News
Jordanian launches e-AWB booking system
Royal Jordanian (RJ) has launched a system that enables cargo agents to create electronic-air waybills (e-AWB) when making bookings.The system was developed in cooperation with the Middle East airline’s information technology department and air cargo IT provider CHAMP Cargosystems.Royal Jordanian president and chief executive Captain Suleiman Obeidat said that the ...