All Airlines Articles – Page 62
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News
Airfreight rates slide in line with Lunar New Year holiday demand decline
Airfreight rates began their Lunar New Year holiday decline last week after rising in the first six weeks of the year.The latest figures from TAC Index show that last week overall airfreight rates slipped by 8.2% compared with the week before and are down 21.2% from a year ago."Despite ongoing ...
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MSC Air Cargo goes it alone as GSA partnership with ECS ends
MSC Air Cargo has ended its GSSA partnership with the ECS Group, which has been the airline's GSSA in North America, Europe and Mexico since May last year.The cargo airline's senior vice president air cargo, Jannie Davel said in a LinkedIn post on February 20 that MSC Air Cargo stopped ...
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News
Lufthansa cargo operations set to be hit by latest strike action
Lufthansa's cargo operations are set to face disruption this week as ground staff launch another round of strike action.As many as 25,000 members of the Ver.di union working for Deutsche Lufthansa, Lufthansa Technik and Lufthansa Cargo in Germany are joining the industrial action.The action starts at 8pm February 19 and ...
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NewsAlaska Air Group acquisition of Hawaiian gets go ahead
Photo: Hawaiian AirlinesAlaska Airlines has been given the green light to acquire Hawaiian Airlines after the latter's stockholders approved the deal that is set to boost cargo within the combined business.Seattle-based Alaska Air Group and Honolulu-headquartered Hawaiian Holdings entered into a definitive agreement for the acquisition in December last year. ...
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WestJet eyes digital developments in 2024
WestJet will this year target digital investments in cargo as well as network and product expansion following the launch of freighter operations last year.The Canada-based combination carrier's cargo business said that in 2024 it would launch a new website "in anticipation of a shift towards more self-service options".WestJet Cargo added ...
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NewsAir Canada cargo revenues drop 27% in 2023
Air Canada's full year 2023 cargo revenues declined 27% year on year due to reduced air cargo demand and a loss of capacity in the form of temporary passenger freighters (preighters).The airline said the decline of C$342m was partially offset by increased operations of purpose-built freighters in its cargo business, ...
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News
India's air cargo industry sets ambitious growth targets
India has set an ambitious target of reaching 10m tons of air cargo handled per year by 2030, attendees at the Air Cargo India event in Mumbai were told.“This is India’s time for growth,” said Sanjiv Edward, chief executive – cargo and logistics at the GMR Group which operates Delhi, ...
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NewsAmazon closes US airfreight facility
Photo: AmazonAmazon Air is closing its airfreight facility at Kelly Field Airport, San Antonio, Texas, in a move that is set to affect ground handler employees at Worldwide Flight Services.E-commerce giant Amazon did not state why it is closing the facility at the joint-use airport, however, it told Air Cargo ...
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NewsAir cargo market shows signs of cooling after busy start to 2024
The latest figures show that the air cargo market is beginning to cool after a brisk start to the year caused by the Red Sea crisis and pre-Lunar New Year (LNY) rush.Figures from analyst WorldACD show that in week six, tonnages out of China declined by 2% compared with the ...
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News
Etihad Cargo reports record pharma volumes
Etihad Cargo reported record cargo volumes last year following investments in its cool chain services.The Abu Dhabi-headquartered airline saw its pharma volumes increase by 37% year on year in 2023 while fresh and perishable shipments were up 10%.The airline said that the increases had come despite challenging market conditions and ...
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NewsSmartLynx Airlines appoints new CEO
Source: SmartLynxFast-growing carrier SmartLynx Airlines has appointed Edvinas Demenius as its new chief executive.Demenius, who replaces Zygimantas Surintas, has been a board member and chief commercial officer of SmartLynx Airlines for more than seven years.Jonas Janukenas, chief executive of Avia Solutions Group, said: "I believe that SmartLynx Airlines is ready ...
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News
Emirates expands e-commerce service to Kuwait
Emirates SkyCargo is continuing to expand its e-commerce delivery service with the addition of services to Kuwait.The Emirates Delivers service allows people based in Kuwait to order products from websites in the UAE, UK and the US and then have them delivered to their homes.Items are delivered from the retailer ...
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NewsSriLankan Cargo adds capacity to cargo.one
SriLankan Cargo has placed its capacity on cargo.oneSriLankan Cargo will later this year place its capacity on digital air cargo booking platform cargo.one, enabling freight forwarders to access a global network of 37 destinations in 21 countries.SriLankan Cargo is the first South Asian carrier that cargo.one has added to its ...
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News
European Commission green lights Korean Air takeover of Asiana
Korean Air has completed another regulatory hurdle for its drawn-out acquisition of Asiana Airlines after the European Commission (EC) this week approved the deal.To gain approval from Brussels, the two airlines agreed to sell Asiana's freighter business after the commission had initially rejected the deal over concerns about its impact ...
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News
Etihad Cargo boosts safety and security of electronics
Etihad Cargo is increasing its efforts to ensure the safe and secure transportation of consumer electronics with a new offering for customers from March 1.The airline has developed and launched SecureTech in response to growing global demand from its customers and partners for a product that addresses the challenges of ...
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NewsWFS extends handling contract with Air China Cargo in Madrid
Air China Cargo freighter. Photo: Worldwide Flight ServicesWorldwide Flight Services (WFS) has extended its cargo and ground handling contract with Air China Cargo for another three years at Adolfo Suárez Madrid-Barajas Airport in Spain.Air China Cargo has been a longstanding customer of WFS in Madrid since commencing regular freighter operations ...
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News
Awesome Cargo looks to expand international operations
Mexican start-up carrier Awesome Cargo is requesting authority to expand its Airbus A330 operations to the US.Parent company TM Aerolineas requested a foreign air carrier permit for Awesome Cargo in a February 9 filing with the US Department of Transportation.It also signals the intention to grow the nascent brand. In ...
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Cargo hub project begins at Riga Airport
Latvian airline airBaltic has partnered with building company UPB Nams for the construction of a new cargo hub at Riga Airport.The Baltic Cargo Hub will dedicate approximately 5000 m2 to air cargo handling facilities and will be equipped with semi-automatic cargo handling equipment.This equipment is expected to improve cargo handling ...
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NewsQatar Cargo set to exit 747-8F operations as UPS takes aircraft
Source: Matheus Obst/ Shutterstock.comQatar Airways Cargo looks set to offload its two Boeing 747-8 freighters with UPS adding the two jumbos.Speaking following the announcement of its quarterly results, UPS chief financial officer Brian Newman confirmed that it had acquired two 747-8Fs "through Qatar".Newman said the aircraft additions were part of ...
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ECS is cargo GSSA for Thai VietJet Air
Thai VietJet Air has signed a master air cargo GSSA agreement with ECS Group for its Asia operations.ECS Group subsidiary AVS GSA Thailand will handle the contract responsibilities, supported by the overall ECS Asia network.The agreement, signed on February 1, allows low cost airline Thai VietJet Air to utilise ECS ...