All Airlines Articles – Page 260
-
NewsAsian cargo monthly: Airfreight demand weakens in May
May turned out to be a difficult month for Asian airlines that, like their European and North American counterparts, saw demand weaken after improvements in April.The largest Asian cargo airline group, Cathay Pacific, air saw cargo demand decline by 4.6% year on year in May to 833m cargo and mail ...
-
News
Airfreight prices slide after two months of gains
Airfreight prices dipped again in May, wiping out the gains made over the previous two months.Consultant Drewry’s East-West Airfreight Price Index for May shows that airfreight prices declined to $2.57 per kg compared with $2.61 per kg in April.The decline sees prices return to the lowest level since the consultant ...
-
News
IAG to boost its Shanghai cargo capacity by 65% to cater for peak demand
IAG Cargo is hoping that peak demand for electronics, pharmaceuticals and automobile parts will help fill additional Boeing 777 flights to Shanghai.The cargo arm of British Airways, Iberia and Aer Lingus, said the airline group’s new flight from Madrid to Shanghai had touched down for the first time today, while ...
-
News
Cargo partnership trend continues as Lufthansa and ANA expand their tie-up
Lufthansa Cargo and All Nippon Airways (ANA) have moved to extend their cargo partnership, with the two carriers combining their European feeder networks.The joint network includes more than 90 weekly direct connections between Frankfurt, Munich, Düsseldorf, London Heathrow, Paris Charles de Gaulle, Brussels and Vienna in Europe and Tokyo Narita, ...
-
News
Virgin Atlantic Cargo opts for VN Cargo in Lagos
Virgin Atlantic Cargo has appointed VN Cargo Connect as its new general sales agency partner in Lagos, Nigeria.In support of the new Virgin Atlantic contract, VN Cargo Connect has increased the size of its sales team in Nigeria from seven to 12 people.All dedicated sales activities are being coordinated at ...
-
NewsAsian airlines see cargo demand slide in May
Asian airlines saw air cargo demand slide in May, while extra capacity caused load factors to decline.The latest figures from the Association of Asia Pacific Airlines (AAPA) show that air cargo demand increased by 0.7% year on year in May in freight tonne km terms.Meanwhile, freight capacity was up by ...
-
News
Boeing to sell aircraft to Iran Air
Boeing has signed a deal with Iran Air for the latter’s purchase of an unspecified number of passenger aircraft.A statement from the Chicago-headquartered manufacturing giant informed: “Boeing confirms the signing of a Memorandum of Agreement (MOA) with Iran Air, expressing the airline’s intent to purchase Boeing commercial passenger airplanes“Boeing negotiated ...
-
News
African air cargo: challenges remain but moves towards open skies
A lack of market liberalisation continues to be a major challenge holding back the development of air cargo in Africa, but there have been positive developments over the last 18 months.Speaking at the Africa Air Cargo Summit in Addis Ababa, speakers outlined what they believed were the key challenges to ...
-
News
LUG Frankfurt gains JAL
Japan Airlines is to switch its cargo-handling partner at Frankfurt airport from Fraport Cargo Services to LUG from July.The deal comprises bellyhold freight on JAL’s daily Boeing 777-300ER and B787-900 (Dreamliner) and road feeder services.Describing the move as “a highlight in our jubilee year”, LUG managing director and chief executive, ...
-
News
IAG Cargo benefits from Kuala Lumpur link
A year after IAG launched a Boeing 787-9 Dreamliner passenger flight between London Heathrow and Kuala Lumpur, the joint Anglo-Spanish carrier concern’s freight operation, IAG Cargo, has confirmed that the service has “exceeded expectations”.A statement from the freight carrier said that the Malaysian capital has proved “a valuable gateway for ...
-
News
Brussels Airlines’ freight volumes slip
Revealing its traffic figures for the month of May, Brussels Airlines’ freight load factor fell to 63%, down by 12% year on year.However, the carrier said that the fall can be explained by the higher freight capacity available thanks to the opening of its new Toronto route in early April.Moreover, ...
-
News
India relaxes foreign ownership conditions
The Indian government confirmed its relaxation of the rules governing foreign direct investment (FDI) in Indian companies in several sectors, including the aviation industry.Among the changes, the government is now allowing foreign investors that are not airline companies to own all 100% of the shares of Indian carriers, raising the ...
-
News
KLM Cargo to develop new Schiphol express sorting system
KLM Cargo has announced plans to develop a new sorting system for handling express shipments and mail at its Schiphol facility.The system will be built by Lödige Industries, with work due to get underway in August and completion expected by mid-2017.KLM Cargo executive vice president Marcel de Nooijer said: “This ...
-
NewsEuropean cargo monthly: Airlines brought back to earth as freight demand weakens
European airlines were brought back down to earth in May with cargo demand decreases registered at both Lufthansa and Air France KLM.The decreases registered at Air France KLM and Lufthansa in May come after all four airlines in the Air Cargo News monthly review, the others being the IAG Group ...
-
News
EU lifts ban on Zambia and Iran Air
The European Commission has lifted bans on Zambian-based airlines, Air Madagascar and Indonesia’s Citilink, Lion Air and Batik Air, along with most Iran Air aircraft.Publishing the EU Air Safety List, which details airlines that do not meet international safety standards, EU Commissioner for Transport Violeta Bulc said: "I am happy ...
-
News
Swiss WorldCargo and partners create temperature controlled air cargo corridor
Swiss WorldCargo, together with Swiss handler Cargologic and Asian gateway services provider SATS, have created a secure temperature-controlled, quality corridor between Singapore and Zurich.The partners say they have synchronised their cargo handling facilities and procedures between the two airports.This in turn makes for more accurate and reliable handling on the ...
-
News
Rio joins Delta Cargo’s Pharma 4 club
Rio de Janeiro became Delta Cargo’s newest Pharma 4 station on June 13, able to handle goods in the 15-25 degrees Celsius temperature range.Previously certified to handle Pharma 1-3 products only, Rio de Janeiro is the first station in Latin America with Pharma 4 certification and forms part of the ...
-
News
India the bright spot as Cathay cargo stands still
Cathay Pacific and Dragonair carried 145,102 tonnes of cargo and mail in May, a decrease of 1.3% compared to the same month last year. However, load factor rose by 0.1 percentage points to 62.2% as capacity fell by 4.8% while cargo and mail revenue tonne kilometres (RTKs) fell by only ...
-
News
Cargolux’s Zhengzhou route hits 100,000 tonnes
Traffic on Cargolux’s Luxembourg-Zhengzhou route has hit the 100,000-tonne mark two years after the service started, the all-cargo carrier told the Air Cargo China 2016 event in Shanghai on 15 June.The new total came only eight months after the route passed the 50,000-tonne milestone last October, added Cargolux president and ...
-
News
Qantas completes share buy-back
The Qantas Group has completed the $500m share buy-back announced at its half year results in February 2016.Combined with the $505m capital return and associated share consolidation completed on 6 November 2015, Qantas Airways ordinary shares on issue have decreased by 12.6% since 30 June 2015 and the group has ...