Airlines – Page 84
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NewsAir-ocean price difference far above pre-pandemic levels
The cost difference between air and ocean is now above pre-pandemic levels as ocean rates have rapidly declined.The latest figures from consultant Drewry Supply Chain Advisors show that airfreight now costs 16.7 times more than seafreight.Before the pandemic, airfreight typically cost around 13 times more than ocean transport.During the pandemic ...
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NewsLufthansa Cargo expands A321F network in Europe
Lufthansa Cargo freighter. Photo: Lufthansa CargoLufthansa Cargo is expanding its A321F network in Europe with the introduction of Helsinki, and additional capacity from Copenhagen.On September 28, Lufthansa Cargo will start operating from Helsinki to Copenhagen once a week.The airline said it will also add a second frequency a week from ...
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WestJet Cargo continues expansion with new cargo route
Canadian airline WestJet Cargo has launched a new cargo route to Havana, Cuba, the carrier's first venture into the Cuban capital.Calgary-headquartered WestJet Cargo is operating one weekly Boeing 737-800 freighter flight from Toronto Pearson International Airport to José Martí International Airport in Havana, Cuba.The airline offers 20 tonnes cargo capacity ...
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NewsNorse Atlantic Airways and Chapman Freeborn place capacity on WebCargo
Source: FreightosNorwegian carrier Norse Atlantic Airways and air charter specialist Chapman Freeborn have placed their capacity on air cargo booking platform WebCargo by Freightos to enable real-time booking by forwarders.The partnership means forwarders will have access to instant eBooking and payment options on WebCargo for Norse Atlantic flights to and ...
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Nippon Cargo Airlines takeover delayed
The transfer of freighter operator Nippon Cargo Airlines (NCA) from logistics group NYK to All Nippon Airways (ANA) has been delayed until next year.In an investor note, shipping group NYK said that the transfer of shares had been moved back from October 1 to February 1 next year.Explaining the move, ...
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Ex-Etihad Cargo boss Drew scoops Atlas Air role
Ex-Etihad Cargo boss Martin Drew has been appointed as Atlas Air Worldwide chief strategy and transformation officer.Drew started in his new role this week and will lead the company’s corporate strategy, including its transformational growth initiatives.As part of this role, he will drive strategic growth and diversification across Atlas’ services, ...
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Another set of "exceptional" results for freighter operator Magma Aviation
Magma Aviation enjoyed another set of "exceptional results" in 2022 although it warned a deteriorating air cargo market would hit performance this year.The freighter operator reported record sales of $476.7m last year, an increase of 26% on 2021 levels, inflated by higher fuel prices.Operating profits were down 5.5% to $49.6m ...
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Air Canada drops plans to add 777 freighters
Air Canada has cancelled an order for two newbuild Boeing 777 freighters that were due to enter service next year.The carrier ordered the cargo aircraft in August 2022, but has now decided to redirect spending on these freighters to passenger aircraft.In a press release on September 25, the airline said ...
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More signs of a 'firmer' air cargo market
There were further signs that the air cargo market was firming up last week after more than a year of demand declines.The latest weekly figures from data provider TAC Index show that the overall BAI airfreight rate index last week increased by 4.8% on the previous seven days.Meanwhile, the year-on-year ...
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EgyptAir Cargo resumes Egypt-US flights
EgyptAir Cargo flights from Egypt to the US have resumed after a hiatus of more than eight years, according to Egypt's Ministry of Civil Aviation.This follows the completion of inspections and a review of security measures by the US Transportation Security Administration (TSA) at Cairo International Airport, as well as ...
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NewsSaudia Cargo focuses on pharma
Source: Saudia CargoSaudia Cargo is hoping to benefit from increasing pharma demand in the Middle East after seeing volumes in the vertical increase by double-digit percentage levels since 2019.The carrier said that it had experienced 19% annual growth in pharmaceutical shipments since 2019.Over that time, the carrier has operated around ...
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NewsBill Moore to become UPS Airlines president
Bill Moore. Photo: UPSUPS has appointed Bill Moore as president of UPS Airlines, effective October 1.Moore will manage UPS’s global air operations as well as UPS Worldport, the company’s global air hub in Louisville, Kentucky.Previously, as president of UPS Aircraft Maintenance and Engineering, Moore was responsible for ensuring the airline ...
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Air Canada Cargo maintains summer belly capacity to Europe
Air Canada Cargo will offer customers more belly capacity to key European cities following Air Canada’s decision to extend passenger service to year-round on routes that were previously summer seasonal operations.Key routes that will remain available for customers throughout the winter include Montreal to Rome, Toronto to Copenhagen and Toronto ...
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Silk Way West capacity now on cargo.one booking platform
Silk Way West Airlines has now rolled out its capacity on the cargo.one online booking platform.The carrier first announced it would place its capacity on cargo.one back in May but its services are now bookable via the platform.Silk Way West Airlines chief executive Wolfgang Meier said: "We are thrilled to ...
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NewsANA Cargo to consolidate its presence at Narita with new facility
Source: ANAAll Nippon Airways (ANA) will consolidate its presence at Narita International with a new cargo building that is currently being built by Narita International Airport Corporation (NIAC).At the moment, the airline utilises six dispersed warehouses at the airport but when the new facility opens operations will be moved to ...
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Cathay Pacific cargo volumes hold up ahead of peak season
E-commerce continued to lift Cathay Pacific's cargo demand in August as volumes increased over 10% year on year, but the cargo load factor declined in line with the quieter summer period.The airline carried 116,919 tonnes of cargo last month, an increase of 11.5% compared with August 2022. The month’s cargo ...
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NewsJD Airlines goes international with Vietnam freighter
Source: JD AirlinesRecently launched JD Airlines has launched its inaugural international freighter route connecting China and Vietnam to cater for cross-border e-commerce demand.The new service is run in partnership with airline services company CSAA and will operate three times per week using a Boeing 737-800BCF.In China, the service will operate ...
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NewsQatar Cargo partners with Xiamen Airlines on China flights
Source: Qatar Airways CargoQatar Airways Cargo and Xiamen Airlines are partnering on bellyhold capacity on flights between China and Qatar.Xiamen Airlines will launch daily flights between Beijing’s Daxing International Airport (PKX) and Doha’s Hamad International Airport, starting on October 20 and utilising Boeing 787-9 aircraft.Then, on October 31, the carrier ...
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Air Belgium ditches passenger flights to focus on cargo
Air Belgium has decided to discontinue its own passenger business and focus exclusively on "cargo and ACMI for passenger and cargo flights" due to economic challenges that have resulted in the airline acquiring debt.The airline said in a press release on September 18 that its passenger business "in the face ...
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NewsATI union leaders approve strike authorisation
Source: ATSGUnion leaders representing the pilots of Wilmington-based cargo airline Air Transport International (ATI) have approved strike authorisation as talks over a new working agreement continue.The vote would give the union chair the authority to call for industrial action.There are no current plans to strike and there are additional steps ...