All Airlines Articles – Page 69
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News
EU sets deadline for decision on Korean Air's proposed Asiana takeover
European Union competition regulators have set a February deadline to review Korean Air's proposed acquisition of Asiana Airlines.The two airlines resubmitted their plans to EU antitrust regulators earlier this year after gaining board approval to sell the cargo business of Asiana Airlines to offset concerns about the market share the ...
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Atlas Air steps up SAF efforts in Spain
Energy company Repsol has begun supplying sustainable aviation fuel (SAF) to Atlas Air for use in all its flights with its customer Inditex from Zaragoza Airport in Spain.New York-based Atlas Air said it is initially incorporating 5% SAF in these flights. The airline added that the agreement makes it the ...
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NewsLufthansa Cargo adds fourth A321F
Lufthansa Cargo fourth A321F. Photo: Lufthansa CargoLufthansa Cargo has added a fourth A321 freighter to its short- and medium-haul network as part of its plan to expand capacity.The freighter, with the registration D-AEUJ, has been operating in Lufthansa Cargo’s network since November, and has already made its first flights to ...
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NewsIATA: Air cargo optimism to be balanced with caution
Air cargo traffic increased year on year for the third month in a row in October, but IATA has warned that optimism over the improvements should be balanced with caution.The latest figures from the airline association show that cargo tonne kms (CTK) increased by 3.8% year on year in October, ...
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News
JAL to begin 767 freighter operations in February
Japan Airlines (JAL) has said it will launch dedicated freighter operations in February as it announced its first Boeing 767-300ER freighter converted from its passenger fleet.Tokyo-headquartered JAL said the the freighter will operate from Tokyo Narita and Nagoya to Taipei, Seoul Incheon, as well as Shanghai Pudong.Operations are scheduled to ...
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NewsAlaska buys Hawaiian to boost air cargo
Photo: Hawaiian AirlinesAlaska Airlines will acquire Honolulu-headquartered Hawaiian Airlines in a deal that in part aims to boost the cargo businesses of both airlines.Alaska Air Group and Hawaiian Holdings have entered into a definitive agreement for the acquisition. Both brands will remain separate.The deal is for $18.00 per share in ...
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InsightsLatin America: Yields under pressure as capacity outstrips demand
The recovery of passenger flights has resulted in an influx of cargo capacity for many countries in Latin America while export demand from the region remains strong.For much of this year, IATA’s monthly cargo statistics have shown Latin America as the region with the strongest growth in cargo traffic.Business did ...
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InsightsFedEx targets growth in the UK and Ireland
FedEx UK & Ireland is gearing up for growth at Stansted and Dublin as e-commerce demand continues to drive the need for investment.Speaking at Stansted Airport in the UK, Alun Cornish, managing director, ramp and gateways operations for Northern Europe at FedEx, revealed that the company had just implemented a ...
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News
US FAA orders urgent inspection of 747 lightning protection
The US Federal Aviation Administration (FAA) has ordered all US Boeing 747 operators to carry out urgent inspections of lightning protection systems on the aircraft.The US FAA yesterday issued an airworthiness directive ordering all 747 operators to carry out the inspections due to early degradation of the lightning protection safety ...
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News
MSC Air Cargo adds its third 777 freighter
Atlas Air has taken delivery of the latest Boeing 777 freighter that it will operate on behalf of MSC Air Cargo.The new aircraft will be operated for MSC under a previously announced ACMI deal and is the third of a four-aircraft partnership.The aircraft will be used on existing routes but ...
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News
Turkish Airlines and Vietnam Airlines consider cargo joint venture
Turkish Airlines and Vietnam Airlines yesterday signed an agreement to cooperate on air cargo with the possibility of forming a joint venture (JV) in the future.Following the agreement, the two airlines said they would examine the potential launch of an air cargo JV providing customers with the "benefits of a ...
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News
Demand up for Asia Pacific airlines in October
Asia Pacific airlines saw increased international air cargo demand in October ahead of an anticipated Christmas e-commerce boost."Despite some moderation in trade activity, October saw Asia Pacific airlines post a 3.2% increase in international air cargo demand as measured in freight tonne kilometres (FTK), when compared to the depressed volumes ...
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News
DB Schenker continues to roll out API connections with airlines
DB Schenker is continuing to add direct Application Programming Interface (API) connections with airlines' booking systems.This week, the forwarder announced it had created another API link, this time with American Airlines Cargo.The digitalisation investment is anticipated to streamline, simplify and speed up the air cargo shipment booking process, as well ...
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NewsK+N ships cargo on 100% SAF powered transatlantic flight
© 2023 Kuehne+Nagel. All rights reserved.A Kuehne+Nagel (K+N) shipment was onboard the first ever commercial transatlantic flight 100% powered by sustainable aviation fuel (SAF) earlier this week.The flight hit the headlines on November 29 when a Virgin Atlantic Boeing 787 Dreamliner was filled with 50 tonnes of SAF for its ...
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News
Dronamics and Qatar Cargo sign world’s first cargo drone interline agreement
Dronamics and Qatar Airways Cargo have signed the first interline agreement between an international airline and a cargo drone airline.The interline agreement enables the extension of the delivery networks of both partners, increasing their reach as well as providing access to areas previously hard to reach by traditional airfreight.Through the ...
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News
Rates continue to rise in November despite muted demand
Airfreight rates on major east-west trade lanes continued to pick up in November as weather conditions, e-commerce demand and capacity constraints helped push up prices (see dashboard at end of article).The latest figures from the Baltic Exchange Airfreight Index (BAI) – taking into account both spot and contract rates – ...
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News
Reports: Cathay still considering future freighter options
Cathay Pacific is now considering ordering the Airbus A350 freighter instead of the Boeing 777-8 freighter, according to Reuters.Quoting industry sources, the newswire said the Hong Kong-headquartered airline had switched from favouring the 777-8F to the new Airbus freighter.The sources said the airline was considering an initial order for six ...
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NewsMaersk Air Cargo to trial new UK-China route
Source: Cargo FirstMaersk Air Cargo will launch a new trial service between the UK and China to help meet peak season demand.The airline will operate the weekly service between Bournemouth Airport and Hangzhou Xiaoshan International Airport (HGH) in Zhejiang province utilising a Boeing 767-300 freighter with a capacity of around ...
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NewsAir cargo's rollercoaster ride set to end in 2024?
The air cargo rollercoaster ride of the last few years is looking like it could end in 2024 with "classic seasonality" set to return, although there could still be some bumps along the way.In its market outlook for 2024, data provider Xeneta predicts that air cargo volumes will rise by ...
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News
Aviation targets 5% reduction in carbon emissions by 2030
International Civil Aviation Organization (ICAO) member countries have agreed to target a reduction in CO2 emissions generated by aviation by 5% compared to current fossil fuels by 2030.The target includes a "collective vision" for green energy transition, harmonised regulatory foundations, supporting implementation initiatives, and improved access to financing for related ...