All Airlines Articles – Page 252
-
News
So far so good for IAG’s new Critical service
IAG Cargo’s new Critical product is doing everything expected of it in service performance terms since its launch in early October, says the carrier’s global products manager, Daniel Johnson.The service had handled around 110 individual shipments by the start of November, ranging from oil rig and ship parts to Formula ...
-
News
IATA the latest to report improving airfreight market but warns trade remains weak
IATA is the latest organisation to report an improvement in air cargo demand in September but has warned the improvement is partly down to one-off factors and that trade indicators remain weak.The airline organisation said that in September air cargo demand in freight tonne km terms improved by 6.1% year ...
-
News
Are conditions finally improving for the air cargo industry?
The air cargo industry finally has reason to celebrate as market conditions strengthened in September and there are hopes of further improvements in October.Analyst WorldACD's September market round-up shows that air cargo volume demand increased by 5% year on year in September — a level of increase not seen for ...
-
NewsLufthansa's cargo business is in the red again
Lufthansa’s cargo and logistics division has slipped to its sixth quarterly operating loss in a row as market overcapacity and weak demand continued to blight financial performance.The German airline group’s logistics division, which includes Lufthansa Cargo, time:matters and other cargo related businesses, recorded a third quarter earnings before interest and ...
-
News
Etihad meets Italy’s movers and shakers
Etihad Global Cargo Management Company (GCMC) joined forces with Abu Dhabi Chamber of Commerce to host a networking event for business leaders in Parma, Italy.The companies from the Italian city, who collectively represented 3.7% of the entire Italian GDP, were joined 75 representatives from Emirati businesses.The event followed the recent ...
-
News
Jettainer to take over ULD management for Brussels Airlines
Brussels Airlines has appointed Jettainer as the new service provider to manage its unit load devices (ULDs) and pallets from the Spring of 2017.Belgium's largest airline currently outsources its ULD management to another provider and is now switching to Jettainer, which has set up a ULD controller at Brussels Airport, ...
-
News
IAG Cargo Q3 volumes up but revenues and yields down
IAG Cargo saw third quarter 2016 commercial revenues fall by 7% to €240m compared with the like period 2015.Adjusting the prior year's figures to reflect a directly comparable operation, commercial revenue decreased 6.5% versus last year at constant exchange.The airfreight arm of British Airways, Iberia, Vueling and Aer Lingus saw ...
-
News
Asia air cargo – so far so good
There was a continued uptick in air cargo during September, although the future is clouded, says the Association of Asia Pacific Airlines (AAPA). Provisional figures show a further improvement with 5.3% growth in freight tonne kilometres (FTKs), despite prevailing weak trade conditions.The average international freight load factor increased marginally, by ...
-
News
Air cargo industry digs deep to help conflict zone kids
Coyne Airways and Air Charter Service (ACS) are backing the War Child charity which supports youngsters affected by conflict.Family-run Coyne and ACS will donate an agreed amount per transaction on behalf of their customers, starting from next month and customers can match the donation on a quarterly basis.“The air cargo ...
-
News
Profits may have peaked, say airline bosses
Profitability in the industry may have peaked, according to IATA’s quarterly business confidence survey of airline chief financial officers and heads of cargo.When surveyed in early October, they reported that profitability was unchanged in the third quarter of 2016 compared to the same period a year ago and also that ...
-
News
Perishables are the commodity to watch for air cargo over the coming years
Perishables are the commodity to watch for air cargo over the coming few years while demand from the high tech industry has tailed off.Speaking at a panel discussion during Tiaca’s Air Cargo Forum in Paris, Seabury Group senior vice president Marco Bloemen explained that in 2016 the volume of laptops ...
-
News
Turkish Airlines wins pharma CEIV accreditation
Turkish Cargo, the airfreight arm of Turkish Airlines, has been awarded IATA’s ‘Center of Excellence for Independent Validators’ (CEIV) certification for pharmaceutical logistics at its Istanbul hub.The carrier has also trained a dedicated team to preserve the integrity of the cold chain and products and will introduce a thermal dolly ...
-
News
IAG on third runway: Heathrow customer charges must be capped
British Airways and Iberia parent International Airlines Group (IAG) has warned that the cost of the third runway project at Heathrow will" make or break it".While welcoming the decision to expand Heathrow, IAG added that it was pleased that the UK government "has recognised the cost to customers must not ...
-
NewsThird quarter cargo revenues down at American
American Airlines recorded a decline in third quarter cargo revenues, while volumes were up on the same period a year earlier.The US airline saw third quarter cargo revenues decline by 5% year on year to $171m, while cargo traffic increased by 5.6% to 601 cargo ton miles.The decline in revenues ...
-
News
Now the hard work on the cargo agency programme really starts
Freight forwarder association Fiata and IATA have officially signed the long-awaited reforms to the IATA Cargo Agency Program and said that now the hard work of implementing the agreement begins.The new IATA-FIATA Cargo Agency Program (IFACP) was hailed as a “historic” agreement at an official signing ceremony held today during ...
-
NewsAmericas cargo monthly: A bumper month for American and United
September was a bumper month for American Airlines' and United Airlines' airfreight demand, while Delta recorded another decline.The latest monthly figures show that United saw air cargo demand increase by 15.7% year on year in September to 245m cargo ton miles (CTM) and American reported a 9.8% improvement to 207m ...
-
News
Militzer & Münch bags myAirCargo contract from Lufthansa
Swiss forwarder Militzer & Münch has been appointed the exclusive partner in Europe for myAirCargo, Lufthansa Cargo’s international door to door service for its passengers who buy goods abroad that are too heavy or large for carry-on luggage.Currently, myAirCargo is available only on routes connecting Europe and the US, and ...
-
News
Cathay Pacific launches group business review
Cathay Pacific has launched a “critical review” of its business, blaming “overcapacity and strong competition” in the passenger sector for a “deteriorated” outlook.In a trading statement, which did not mention cargo, the Hong Kong-based carrier said that its earlier 2016 interim report had indicated that "the operating environment in the ...
-
News
Alaska Airlines chooses SmartKargo booking system
Alaska Airlines has selected SmartKargo to provide a booking engine for the carrier’s expanding cargo business throughout North America.The cloud-based solution provides a backend system to allow users to input the booking requirements on a single screen.The engine comes pre-loaded with key information, such as IATA regulatory and commodity codes. ...
-
News
Air cargo antitrust settlements totaling $1.2bn granted final approval in the US
All 28 settlements, totaling more than $1.2bn, in the decade-long air cargo antitrust litigation have been granted final approval by the US courts.US lawyers Robins Kaplan said that the last four settlements with defendants in the long-running air cargo antitrust litigation, originally brought in 2006 against more than 30 air ...