All Airlines Articles – Page 60
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NewsAccelerating the "glacial" pace of change in air cargo
Source: Air Cargo NewsAir cargo needs to move from talk to action if it is to speed up its “glacial pace” of change, according to speakers on an executive round table discussion at the IATA World Cargo Symposium.During the event’s opening plenary, IATA senior vice president operations, safety and security ...
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NewsMSC Air Cargo benefits from for Descartes’ Air Messaging Solution
Source: MSCSoftware-as-a-service provider to the logistics industry Descartes Systems Group is providing its Descartes Air Messaging™ to MSC Air Cargo, the cargo airline operated by container shipping line MSC Mediterranean Shipping Company (MSC).Geneva, Switzerland MSC uses the technology the solution to better manage its air freight shipments, Descartes Air Messaging ...
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NewsAccelya and flydubai renew decade-long cargo partnership
Andrew Wilcock. Source: AccelyaAccelya, a supplier of software to the travel industry, has signed a multi-year contract renewal with the Dubai-based airline flydubai for the use of its FLX Cargo end-to-end freight management platform.The FLX Cargo solution platform digitises every aspect of the cargo booking and operations processes – from ...
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NewsFedEx pilots request release from mediation
Source: Air Cargo NewsThe Air Line Pilots Association, Int’l (ALPA) – the largest airline pilot union in the world, and one that represents more than 77,000 pilots flying with 42 US and Canadian airlines – has confirmed that FedEx Express pilots that it represents have filed a request with the ...
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News
Big three US airlines again delay resumption of further China flights
The three largest US airlines are pushing back until at least late October the resumption of many flights to China that they cut early during the Covid-19 pandemic.American Airlines, Delta Air Lines and United Airlines received authority from the US Department of Transportation (DOT) to delay by another 90 days ...
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NewsSwissport to help Vietjet Air develop air cargo services
Photo: SwissportSwissport has struck a deal with Vietjet to support and advise the Vietnamese low-cost airline in developing air cargo handling services and managing air cargo centres to the highest international standards.A memorandum of understanding (MoU) between Swissport and the Vietnamese low-cost airline was signed this week at the Vietnam-Australia ...
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NewsTeleport signs up with CargoWise
Source: TeleportSoutheast Asia air logistics provider Teleport has signed up to place its capacity on freight forwarder platform CargoWise.The move will allow forwarders that have implemented the WiseTech Global-owned platform to manage supply chain operations to plan, book, confirm and manage shipments on the carrier in real time."The direct data ...
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NewsFreighter operators face margin squeeze
Operating freighter aircraft has historically been a business with tight margins, a market environment temporarily interrupted by the Covid-19 pandemic. Recent airline financial statements again show (more familiar) marginal profitability levels, despite yields that remain 35%-40% up on 2019 figures.Slim pickings: turning a profit in air cargoFor the two decades ...
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NewsLufthansa Cargo revenues fall in 2023 as rates cool
Lufthansa Cargo reported a year-on-year revenue drop of 36% in 2023 due to rates normalising after the highs seen during the pandemic era.The cargo arm of German airline Lufthansa recorded revenue of €2.98bn in 2023, a drop of 36% from €4.6bn in 2022.Lufthansa Cargo also generated an adjusted ebit of ...
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NewsAir cargo's "surprisingly" strong start to 2024 continues in February
The air cargo market reported another double-digit percentage increase in demand in February continuing a "surprisingly strong" strong start to the year as e-commerce boosted demand levels.The latest figures from data provider Xeneta show that air cargo demand increased by 11% year on year in February, while the dynamic load ...
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NewsEtihad Cargo sees revenues decline in 2023 as market rates cooled
Etihad Cargo registered a decline in its cargo revenues last year as the wider air cargo market cooled following the Covid boom.The Abu Dhabi-headquartered airline saw its cargo revenues in 2023 decline by 38% year on year to $914m following the "exceptional yield registered in 2022 due to Covid".Meanwhile, cargo ...
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NewsQatar Cargo waves goodbye to its last Boeing 747 freighter
Source: Qatar Airways CargoQatar Airways Cargo has exited Boeing 747 freighter operations after the model conducted its final flight for the Doha-headquartered airline last week.The aircraft (A7-BGB) completed its final flight from Barcelona to Doha on March 1.The carrier said that it had decided to exit the operation of the ...
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Cargolux takes a stand on disposable e-cigarettes
Cargolux will no longer transport disposable electronic cigarettes in response to concerns over their impact on health and the environment.The all-cargo airline said that the ban would also apply to its Cargolux Italia and comes in response to "growing concern about the adverse effects of these products on both public ...
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News
Airfreight rates on major trades remain down on 2023 levels in February
Air cargo rates continued to register declines on major east-west trades in February compared with last year as the timing of Lunar New Year break affected performance.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that rates from Hong Kong to North America were down 5.5% year on ...
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Insights
Air cargo momentum grows in India’s State of Tamil Nadu
India’s southern state of Tamil Nadu is rapidly expanding air cargo infrastructure and throughput handling.The state hosts India’s second-largest air cargo capacity with a total share of 28.3%, according to national government statistics.The state also has the highest number of container freight stations (CFSs) and Warehouse Development and Regulatory Authority ...
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Insights
Putzger perspective: New alignments - to passenger aircraft
Some carriers appear to have lost their appetite for freighters with plans to scale back conversions, but is cargo still valued? Global Crossing Airlines is changing direction. The Miami-based carrier has pressed the pause button on the expansion of its cargo operations in order to fly more passengers. Furthermore, company ...
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NewsIATA stats show 18% increase in cargo demand for January
Air cargo demand increased by a "remarkable" 18.4% year on year in January - the second month in a row of double-digit percentage increases.IATA data shows that as well cargo tonne kms (CTK) increasing in January, available capacity was up 14.6% year on year as belly space continued to be ...
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NewsFarCargo gets ready to launch first transatlantic air cargo route
Faroe Islands-based carrier FarCargo will launch its first transatlantic air cargo route for salmon shipments on March 5.The planned outbound route will be Billund - Faroe Islands – Newark, with a fuel stop in Keflavik (BLL-FAE-KEF-EWR), and inbound Newark - Billund (EWR-BLL).A subsidiary of salmon farming business Bakkafrost, FarCargo will ...
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Latin American air cargo liberalisation agreement made permanent
A multilateral agreement to liberalise air cargo services in Latin America has been made permanent in a move that could boost airfreight in the region.The seventh freedom traffic rights agreement was established on a temporary basis in 2021 but in December was made permanent.The agreement allows airlines from one Latin ...
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NewsSaudia Cargo, WFS and Cainiao launch collaboration at Liege Airport
Photo: Saudia Cargo WFS and Cainiao GroupSaudia Cargo, Worldwide Flight Services (WFS) and Cainiao Group have launched a strategic collaboration at Liege Airport to boost the efficiency of cross-border e-commerce trade.The collaboration at Cainiao’s Liege eHub aims to optimise e-commerce logistics processes through innovation and streamlining operations. The companies ultimately ...