Airlines – Page 140
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NewsairBaltic reopens cargo operations from Kyiv
Photo: airBalticLatvian airline airBaltic has reopened cargo operations from Kyiv, Ukraine by organising a multimodal mail transportation system in cooperation with Ukrposhta, the national postal service of Ukraine.Martin Gauss, chief executive officer of airBaltic, said: “We do our utmost to help the Ukrainian nation. As a result, a regular truck ...
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NewsSmartLynx and APOC partner on A321s for conversion
Source: SmartLynxCarrier SmartLynx has partnered with lessor APOC Aviation to purchase four A321 airframes that they intend to convert into freighters.The frames, MSNs 941, 961, 1185 and 1241, were acquired in passenger configuration and will be converted into freighters which will join the SmartLynx fleet early next year.The four additional ...
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News
ATSG revenues up in Q1 2021 fuelled by e-commerce demand
US lessor Air Transport Services Group (ATSG) reported revenues of $486m for the first quarter of 2022, up 29% compared with the first quarter of 2021.ATSG said adjusted EBITDA was $158m, up 49% from the first quarter of 2021. Full year 2021 revenues were $1.73bn, up 10% year on year.The ...
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News
IAG Cargo revenues up 23% year on year
IAG Cargo has reported revenues of €432m for the first quarter of 2022; an increase of 23.4% on the same time in 2021.This positive first quarter for the cargo division of IAG (International Airlines Group) for the period from January 1 to March 31 2022 follows a record year in ...
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News
Lufthansa Cargo breaks more records in Q1
Lufthansa's cargo business continued to report record performance in the first quarter of the year as it benefitted from additional capacity and higher rates.The Germany-based airline’s logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and its investment in AeroLogic, saw first quarter revenues reach a record for the period of ...
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News
Atlas Air revenues improve despite volume decline
Atlas Air Worldwide reported improvements in revenues during the first quarter of the year despite a decline in volumes.The freighter lessor and operator saw first-quarter revenues increase by 20% on last year to $1bn, adjusted earnings before interest, tax, depreciation, amortisation (ebitda) increased 11.9% to $202,814 but net income dropped ...
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NewsAmerijet seeks exemption for US-China cargo service
Photo: AmerijetAmerijet has applied for an exemption from the US Department of Transportation (DOT) to carry out cargo flights between the US and China for at least two years.An application to the DOT by the Miami-Florida-headquartered airline, dated May 2, said: "Amerijet intends to commence scheduled B767F all-cargo service between ...
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NewsAir Cargo News Awards entry deadline extended
In response to high demand, companies now have an extra week to submit their entries for the Air Cargo News Awards.The extension means that those wishing to enter one of our nine awards categories have until May 13 to submit their entries.The awards honour and celebrate those companies that have ...
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News
Pharma and express bolsters Air France-KLM Q1 cargo revenues
Pharma and express deliveries and higher market prices have helped Air France-KLM Group’s total cargo revenues in the first quarter of 2022 hit €910m, an increase of 8.5% since the first quarter of 2021.This increase in revenues is fully driven by a higher yield thanks to the focus on Pharmaceutical ...
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NewsCainiao deal boosts Saudia Cargo's e-commerce volumes
Source: Saudia CargoSaudia Cargo has reported a double-digit increase in e-commerce volumes since it partnered with Cainiao last year.The airline told Air Cargo News that its e-commerce volumes had increased by around 30% since last year.In March last year, Saudia Cargo and the Alibaba logistics arm teamed up on 12 ...
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News
Cathay Pacific to add more cargo flights as restrictions ease
Cathay Pacific has welcomed the Hong Kong government's easing of crew quarantine rules and said the adjustments will allow it to expand its cargo operations.The new rules mean that vaccinated cargo crew will no longer be required to quarantine on returning flights but will be subject to a 14 day ...
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Insights
Putzger perspective: Cargo capacity alignments
In mid-April Air France-KLM inked an order for four A350 freighters, with options on another four. Both airlines that make up the tandem have a long and proud history in cargo, but the years before the pandemic saw their freighter fleet shrink to two B777-200Fs.Airline planning horizons must extend beyond ...
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InsightsMore expansion on the cards for Mexican freighter operator mas
Airfreight fleet expansion is surging ahead down Mexico way, with independent cargo airline mas set to operate 18 leased freighters by 2024.The Mexico-based cargo carrier mas, once part of the Latam Group but now backed by the Mexico-based Discovery Americas investment fund, is well on the way to meeting its ...
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InsightsNordic air cargo market weathers turbulence
Challenges created by ongoing reduced airfreight capacity and Ukraine war constraints have seen the Nordic air cargo market continue to invest and innovate to meet new challenges, writes Damian Brett.Times have been turbulent for the Nordic air cargo market over the last couple of years.Like much of the industry, companies ...
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NewsIATA: Air cargo demand drops in March amid "growing challenges"
Source: IATACovid, the Ukraine war and oil prices all contributed to a drop in demand in global air cargo markets in March, according to data from the International Air Transport Association (IATA).Cargo demand is tracking below pre-Covid-19 levels, and like February, capacity remained constrained.Global demand, measured in cargo tonne-kilometers (CTKs), ...
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News
Qatar Cargo launches next stage of its WeQare charitable initiative
Qatar Airways Cargo has launched the latest "chapter" in its WeQare charitable initiative.The third part of the carrier's initiative is titled Let's Stand Together and will include a donation drive that seeks to gather donations in kind for children, from April 26 to May 10.The donation drive focuses on three ...
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News
SF Airlines freighter fleet hits 70
Fast-expanding freighter operator SF Airlines has put its 70th aircraft into action.The China-based airline put its 70th freighter - a B767-300 - into flight operation on April 29 between Shenzhen and Beijing."The established cargo route network serves the transportation of domestic and foreign epidemic prevention materials, facilitates the circulation of ...
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NewsIAG Cargo benefits from expansion of Spain-US flights
Source: IAG CargoIAG Cargo is benefiting from a 40% increase in flights between Spain to the US since March from its airline sister companies, Iberia and LEVEL.Iberia's expanded network includes regular connectivity between Madrid and Los Angeles, Boston, and Chicago, with flights to New York and Miami departing twice a ...
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News
Cargojet revenues jump in Q1 as it expands B777 conversion order
Canadian freighter operator Cargojet registered a jump in revenues in the first quarter and has expanded the number of B777 conversions it has on order (see below).The company reported a 45.7% increase in first-quarter revenues to $233.6m with strong growth in the all-in charter segment.The company said the all-in Charter ...
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News
Qatar Cargo provides future freighter insights
Qatar Airways provided customer insight that helped Boeing and Airbus to fine-tune the cargo specifications of the new B777-8 freighter and its Airbus challenger, the A350F.As launch airline for the B777-8F production line aircraft, the Middle East cargo giant placed an order and options for up to 50 of the ...