Airlines – Page 71
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News
UPS to cut 12,000 jobs as market downturn bites
UPS has announced it will cut more than 12,000 jobs as part of efforts to reduce costs in light of continuing market weakness.The express giant's chief executive Carol Tomé said the job cuts would save the company $1bn per year. UPS is also considering selling its Coyote truck brokerage business.Most ...
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NewsAAPA: Asia air cargo demand down 2.8% in 2023
Preliminary traffic figures for 2023 released by the Association of Asia Pacific Airlines (AAPA) showed international air cargo demand declined by 2.8% year on year.AAPA reports last year reflected continued weak demand in the market, and this only started to change in the last quarter of the year.Reflecting on the ...
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News
IATA: Air cargo improves in December but declines for the full year
Air cargo demand surged in December last year but it was not enough to push overall figures for the year into positive territory.IATA figures show that air cargo tonne kms (CTK) for December were up 10.8% year, but CTKs for the whole year were down 1.9% on 2022 levels and ...
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NewsUPS still struggles with revenues in Q4
UPS revenues in the fourth quarter dropped nearly 8% year on year as volumes fell in both the domestic and international segments.The express giant announced consolidated revenues of $24.9bn in the fourth quarter of last year, a 7.8% decrease from the fourth quarter of 2022.Meanwhile, consolidated operating profit was $2.5bn, ...
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Airfreight rates on the up as January draws to a close
Airfreight rates in January climbed as the month progressed due to the approaching Lunar New Year holiday and anecdotal reports of a move from sea to air due to the Red Sea crisis.The latest figures from the Baltic Exchange Airfreight Index (BAI) show that in the last full week of ...
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NewsTurkish Cargo adds three pharma service levels
Source: Turkish CargoTurkish Cargo has expanded its pharma offering with three new standards to meet varying demands from customers.The three pharma products are named TK Pharma Standard, TK Pharma Extra and TK Pharma Advanced and include various levels of service.TK Pharma Standard shipments are moved in compliance with industry standards ...
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News
Etihad Cargo achieves IATA CEIV Li-batt certification
Etihad Cargo has achieved the International Air Transport Association's (IATA) Centre of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification.The carrier is the third Middle Eastern airline to attain this certification and has become only the fifth airline globally to achieve CEIV Pharma, Fresh, Live Animals and Li-batt certifications.CEIV ...
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NewsFinnair and WFS pair up for Paris cargo handling
Finnair aircraft. Photo: WFSFinnair has appointed Worldwide Flight Services (WFS) to provide cargo warehouse handling at Paris Charles de Gaulle Airport in France.The logistics specialist and ground handler will also support the airline with domestic trucking services and cargo reception points across France.Finnair operates 28 wide- and narrow-bodied passenger flights ...
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NewsGlobalLink Logistics partners with Turkish Cargo
Photo: Turkish Cargo/ Globalink LogisticsGlobalLink Logistics has been appointed as the sales agent for Turkish Cargo in Turkmenistan."This partnership will bolster our comprehensive range of services, including Road Feeder Service, Dangerous Goods Management, and Express Freight Service. We continue to provide real-time shipment tracking for reliability and transparency," said GlobalLink ...
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US carriers see cargo revenues slide in 2023
The big three US airlines saw their cargo revenues decline last year as rates and volumes came under pressure.United Airlines - the largest of the three in terms of cargo volumes - registered a 31.1% year-on-year decline in cargo revenues in 2023 to $1.5bn.At American Airlines there was a 34.1% ...
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News
Two-month delay to ANA's Nippon Cargo takeover
All Nippon Airways (ANA) has again delayed its takeover of freighter carrier Nippon Cargo Airlines (NCA) as regulators continue to examine the deal.ANA had been hoping to complete the transfer of shares on February 1 but this has now been pushed back until April 1.The Tokyo-headquartered carrier explained that the ...
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NewsATI president O'Grady retires
O'Grady (L) and Betson (R). Source: ATSG via Business WireAir Transport Services Group (ATSG) airline subsidiary Air Transport International (ATI) has appointed a new president following the retirement of James O'Grady from the role.O'Grady has served as president of ATI since January 2016 and prior to that had been chief ...
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NewsMightyFly unveils new cargo drone
Source: MightyFlyAutonomous drone firm MightyFly has unveiled a new cargo aircraft and gained approval for a US air corridor.The new Cento eVTOL can carry around 45 kg more than 950 km. MightyFly said the aircraft’s cargo bay is significantly larger than its second-generation predecessor."This enlarged cargo bay will allow the ...
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News
Network Cargo Management gains US GSA contract
Network Cargo Management (NCM) has been appointed as the GSA for Bringer Air Cargo in the US.The contract, which has been in effect from November 19, has seen NCM become Bringer Air Cargo’s GSA in 12 locations.Javier Gonzalez, NCM’s sales manager - based in Florida, said: “I am happy to ...
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News
My Freighter adds 767 freighter
Tashkent, Uzbekistan-located My Freighter has taken delivery of a Boeing 767-300 converted freighter.The airline said in a Linkedin post today: "We are delighted to announce a significant milestone for My Freighter! Our Airline proudly welcomes one more Boeing 767F, to our fleet."This remarkable aircraft, with Uzbek registration UK67015, completed a ...
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Atlas Air Worldwide appoints new chief information officer
Atlas Air Worldwide Holdings has appointed Joel Goldberg as senior vice president and chief information officer.Goldberg will report to the firm's chief executive Michael Steen and will also serve as a member of the company’s executive leadership team.He has nearly three decades of experience "leading digital transformation initiatives at global ...
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Cathay Cargo volumes continue recovery in 2023 but still lag 2019 levels
Cathay Pacific saw its cargo volumes continue to recover last year following Covid-related lockdowns in 2022, but demand still lags behind 2019 levels.The Hong Kong-hubbed carrier group handled 1.4m tonnes of cargo last year, which is a 19.6% improvement on 2022 when Covid-related lockdowns resulted in freighter and passenger flights ...
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JAL Cargo adds capacity to WebCargo
JAL Cargo has continued to expand its online offering by adding its cargo capacity to booking portal WebCargo.Freight forwarders will be able to book JAL's capacity for flights to Japan and other Asian countries from Japan, Europe and the UK.Japan Airlines executive officer for cargo and mail said: “Digital transformation ...
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News
Hongyuan partners with Strike on pharma, perishables and animals from Brussels
The Hongyuan Group has selected Strike Aviation to provide GSSA services for its perishable, pharma and animal shipments on flights out of Brussels.The airline group operates under KF flight numbers from Brussels directly into Chengdu Shuangliu International Airport, with maindeck and lower deck connections into major domestic destinations such as ...
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NewsDHL Express and Singapore Airlines add fifth freighter
Source: Ian Dewar Photography/shutterstockDHL Express and Singapore Airlines (SIA) have deployed the fifth and final freighter as part of a tie-up signed in 2022.The Boeing 777 freighter, which offers a payload capacity of 102 tons, will be based in Singapore and be used to expand capacity between Asia and the ...