Airlines – Page 164
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News
Transpacific airfreight rates reach new highs
Airfreight rates on the transpacific trade lane have continued to surge since the start of November as peak season demand kicks off and modal shift from ocean continues.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that last week prices on services from Hong Kong to North America ...
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DHL Express signs up for SAF at East Midlands
Deutsche Post DHL has agreed a partnership with Neste to supply the DHL Express division with Sustainable Aviation Fuel (SAF) at the UK's East Midlands Airport.In total, DHL will purchase SAF worth more than €60m by mid-2022, which it claimed would reduce around 70,000 tons of CO2."This is a first ...
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AirBridgeCargo gains CAAC approval for transport of large lithium batteries
AirBridgeCargo Airlines (ABC) has obtained approval from the Civil Aviation Administration of China (CAAC) for commercial transportation of lithium batteries over 35 kgs.The company said it had become the first airline to receive SP A99 approval in China, which comes after two years of preliminary works, testing, and collaboration with ...
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Emirates SkyCargo volumes close in on pre-pandemic levels in H1
Emirates SkyCargo saw its freight volumes head towards pre-pandemic levels in the first half of its financial year, helping the overall airline narrow losses.The Emirates Group's cargo arm saw cargo volumes reach 1.1m tonnes in the six month period - an increase of 39% year on year and 90% of ...
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Astral signs lease deal for more B757 freighters
Astral Aviation has signed up to lease three B757 freighter aircraft from Aquila Air Capital.The aircraft are due to be delivered to the Nairobi-headquartered airline in November, upon completion of their scheduled maintenance.With the agreement, Astral Aviation will become the largest B757F operator in Africa and Middle East, in addition ...
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NewsDHL Express moves UK aircraft to new Austrian airline
Source: DHL Express Copyright: Christian HusarDHL Express has launched a new Austria based airline that will eventually operate with a fleet of 18 B757 freighters.The new carrier, DHL Air Austria, will be based at Vienna Airport which the express firm said was geographically at the heart of Europe.The aircraft are ...
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ATRAN returns to Xi'an with B737 service to Cologne
ATRAN Airlines has introduced a freighter call to connect Xi’an and Cologne utilising B737 freighter capacity.The B737-800BCF operated service will offer around 23 tonnes of capacity per flight.With the flight lasting over 12 hours one-way, there will be tech stops in Russia for refuel at Krasnoyarsk and Moscow (Vnukovo).The Volga-Dnepr ...
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NewsCargo market expected to remain tight despite increased passenger demand
Carsten Sphor. Source: Lufthansa GroupThe resumption of passenger operations has been in the headlines this week as the US eases its travel restrictions, but this is not expected to result in a sudden weakening of the cargo market.Lufthansa Group chief executive Carsten Spohr for one is expecting the cargo market ...
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IAG Cargo adds capacity to the US as travel restrictions ease
IAG Cargo will expand cargo capacity to the US as restrictions on travellers entering the country are eased.The US today re-opened its borders to fully vaccinated travellers from 33 countries if they have a negative Covid test in the 72 hours before travelling.Travellers will not need to quarantine on entering ...
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Turkish Cargo boost airline's performance in Q3
Turkish Cargo saw its revenues increase by 45% in the third quarter of the year, helping the overall airline beat pre-pandemic performance.The cargo business reported cargo revenues of $969m for the period, compared with $668m last year.The increase mostly came from a recovery in its passenger flying which saw cargo ...
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NewsIAG Cargo sees demand return to 2019 levels
IAG Cargo saw cargo revenues increase and volumes exceed 2019 levels in the third quarter of the year.Total cargo revenues for the third quarter stood at €405m, an increase of 34.1% compared with a year ago. Meanwhile, sold cargo tonnes reached 134,000 compared with 94,000 in 2020.The cargo business said ...
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NewsAirflo and Tiger Freight sign up to AFKLMP SAF programme
GertJan Roelands & Andrew Pattenden. Source: AFKLMPFreight forwarders Airflo and Tiger Freight are the latest companies to sign up to Air France KLM Martinair Cargo's (AFKLMP) Sustainable Aviation Fuel (SAF) programme.The partnership will make it possible to use SAF on AFKLMP Cargo flights from Kenya and Zimbabwe carrying Airflo’s and ...
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NewsBahrain’s MENA launches cargo airline
Source: MENA CargoBahraini aviation services group MENA Aerospace is launching a cargo airline to tap into what it says is a burgeoning air freight market for e-commerce between Asia and the Middle East and Africa.The company has transferred its existing air operator’s certificate for a private jet management and charter ...
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AirBridgeCargo to offer booking through CargoAi
AirBridgeCargo has continued with the rollout of its capacity on digital booking platforms through a new partnership with CargoAi.The all-cargo carrier said that it would make its " entire worldwide capacity offer available" on the platform.The move will allow forwarders to view prices and make bookings online to the more ...
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ATSG invests in more B767 conversions as Q3 profits increase
Freighter lessor and operator ATSG has ordered the conversion of four aircraft to 767-300 Boeing Converted Freighters (BCF) as profits continued to rise in the third quarter.During the third quarter, the company reported a revenue increase of 15.3% year on year to $465.9m, adjusted ebitda increased 21.9% against last year ...
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CargoLogicAir returns to profit and targets China service
UK-based freighter operator CargoLogicAir returned to profit last year and hopes to add a service to China in the future.During 2020, the company reported profits of $45.4m, compared with a loss of $39.7m in 2019, as prices for all-cargo flights increased due to the Covid-19 pandemic.Revenues for last year stood ...
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Supply chain issues continue to drive air cargo demand
Air cargo demand continued to increase in September as ongoing supply chain issues pushed companies to utilise airfreight.The latest figures from airline association IATA show that demand in cargo tonne km terms (CTK) increased by 9.1% in September compared with the same month in 2019.Capacity in available CTK for September ...
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Atlas Air quarterly revenues breach $1bn mark
Atlas Air Worldwide has seen its revenues breach the $1bn mark for the first time in the company's history.During the third quarter, the lessor saw its revenues increase by 25.5% year on year to just over $1bn, while adjusted ebitda climbed 42.9% on last year to $280.5m and net income ...
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NewsLufthansa's cargo business continues at record levels
Lufthansa's logistics division saw revenues and operating profits continue at record levels in the third quarter of the year as industry-wide air cargo capacity continues to be squeezed.The division, which includes Lufthansa Cargo as well as Jettainer, time:matters and an investment in AeroLogic, saw revenues surge 48% year on year ...
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NewsQatar Cargo steps up on fire safety
Source: Qatar CargoQatar Airways Cargo will replace its entire fleet of ULDs with Safran Cabin’s new Fire Resistant Containers (FRC) as it aims to take a lead in countering the risk posed by lithium battery shipments.The airline expects it to take a total of five years to replace its fleet ...