All Bellyhold Airline Articles – Page 43
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Etihad Airways adds six new services
ETIHAD Airways is to launch six new routes in the first half of 2015.The national flag carrier of the UAE will operate daily flights from Madrid, Edinburgh, Kolkata Entebbe.It will also run four flights a week to Hong Kong and three a week to Algiers, says a company statement.Existing daily ...
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Demand for aircraft will hit new heights, says Boeing
THE Middle East and Asia Pacific carriers will take delivery of almost 60 per cent of the predicted 8,600 new widebodied passenger aircraft ordered over the next 20 years, forecasts Boeing, writes Thelma Etim, deputy editor.Among them will be B787-10s, B777s and B777Xs, and B747-8s – adding substantially to the ...
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Etihad Cargo targets Vietnam
ETIHAD Cargo has begun freighter flights between Abu Dhabi and Hanoi, Vietnam.The dedicated cargo service operates every Thursday and Sunday using an Airbus A330-200F, with a capacity of 60 tonnes.Flights to Hanoi route via Mumbai, while the return service is direct to Abu Dhabi.Situated along the Red River delta, Hanoi ...
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Emirates to offer belly capacity to Budapest
FROM October, Emirates Airline is to operate a daily, wide-body A330-200 scheduled passenger service to Budapest, Hungary, offering up to 12 tonnes of belly cargo lift in each direction.With markets in Asia playing an increasing role in the east European nation’s foreign economic growth targets, the UAE carrier expects to ...
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Pharma-friendly IAG Cargo boosts Philadelphia and Calgary
BUSINESSES supported by IAG Cargo’s North American operations will benefit from the introduction of the next-generation B787 Dreamliner on two key routes of Philadelphia and Calgary, writes Nigel Tomkins, managing director.Customers shipping goods between these airports and IAG Cargo’s hub at London Heathrow will have access to some 14 tonnes ...
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Qatar orders more B777 freighters
QATAR Airways has announced its intention to order four new B777 freighters – with options for up to four more – as part of a potential US$37.7billion passenger and cargo aircraft shopping spree with Boeing, writes Nigel Tomkins, managing director.The planemaker and Qatar have also finalised an order for 50 ...
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Air freight volumes show solid gains
Air freight volumes continue to show solid gains on a year ago, supported by economic improvements in some regions, says IATA in its latest quarterly cargo chartbook.But high jet fuel prices and overall weakness in yields have kept cargo financial performance from improving so far this year, adds IATA.“Emerging Asia ...
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IATA: Cargo growth accelerated in September
Global air freight showed accelerated demand in September for most markets, although there are “mixed messages” in regional growth and fears remain of a "bumpy road" ahead.International Air Transport Association (IATA) data saw global freight tonne km (FTKs) volumes rise 5.2 per cent compared to September 2013, some 0.8 percentage ...
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AsiaPac and North American origin cargo drives September surge
Air cargo’s worldwide dollar revenues grew six per cent in September, spurred on by the origin markets of Asia Pacific (+7.7 per cent) and North America (+6.6 per cent), says independent research house WorldACD.Netherlands-based WorldACD, using primary data supplied from airlines, added that while global air cargo volumes increased 6.6 ...
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Drewry east-west price index hits peak for year
Drewry’s East-West Air Freight Price Index rose by 11.9 percentage points in October to a year-peak of 115.6 points.The latest increase was the result of "strong peak season demand and tighter capacity conditions," with rates for eastbound transpacific rising particularly fast, indicative that pricing on that route was inflated somewhat ...
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October bounce prompts 2014 optimism
October’s air cargo growth, better than 2013, is prompting the view that 2014 will become the second-best year for revenues since 2008, despite a 10.4% yield drop since 2011, the best post-crisis year to date.The latest monthly update from Netherlands-based research house WorldACD Market Data said: “Until October came along, ...
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IATA stats: October growth continues but caution prevails
IATA’s October air freight data for October presents a mixed picture, as strong route development by Middle East carriers and demand for Apple’s iPhone 6 out of Asia were countered by economic concerns in Europe and Africa.Overall global volumes were up 5.4% in October compared to a year ago, an ...
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IATA figures find fair weather for freight flow
IATA’s November Airlines Financial Monitor finds good news for much of the air cargo sector as freight volumes continue to expand steadily and load factors improve on the back of growth in demand.Air freight volumes increased in October compared to September, with recent improvements driven by progress in Asia Pacific ...
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IATA: solid volume gains
Air freight volumes are showing solid gains on a year ago, supported by improving trade growth in some regions, but weakness in load factors and yields continues to place downward pressure on financial performance.That was the message from the latest cargo e-Chartbook from airline association IATA, covering the fourth quarter ...
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Tonnage up but rates to shrink in 2015 says IATA
Senior cargo executives at IATA member airlines are predicting that global air freight tonnage will increase next year at its fastest rate since 2010. Yet rates are likely to shrink by a further 5.8 per cent in real terms, intensifying pressure on margins.Brian Pearce, IATA chief economist, told a media ...
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Volumes to rise but yields droop, says IATA
Airfreight volumes are set to continue the growth seen in recent months, but yields will be weak, says the International Air Transport Association in its latest survey.The Airline Business Confidence Index published in January reported accelerated growth volumes in the fourth quarter of 2014 compared with Q3, “which is consistent ...
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Drewry: East-West airfreight rates in retreat
Air freight rates retreated from their November high as peak season demand receded.Drewry’s East-West Air Freight Price Index fell 12.6 points in December to 108.2 points, bringing the index down closer to seasonal norms.This brought to an end six consecutive months of rising pricing in which the index had gained ...
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Happy new year in Asia Pacific
International cargo tonne-km rose seven per cent in January 2015 compared with the same month last year, said the Association of Asia Pacific Airlines (AAPA) in its latest preliminary traffic figures.Business was boosted by increased import-export activity in the run-up to the Chinese Lunar New Year, said AAPA.The association noted ...
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ICAO sees cargo improvements
WORLD scheduled airline passenger traffic grew by 5.5 per cent last year, reaching 5.8 trillion passenger-kilometres performed (PKP) – and is expected to increase by six, 6.3 and 6.5 per cent in the years 2014, 2015 and 2016, respectively, according to figures collected by the International Civil Aviation Organisation (ICAO).The ...
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Aeroflot's cargo business slumps
THE decision by Russian airline Aeroflot to scrap its dedicated freighters business last year is the reason for a 36 per cent year-on-year slump in its cargo business in 2014.“Switching to belly cargo operations in 2013 is the main reason that cargo and mail carried decreased 36.0 per cent year-on-year ...