All Bellyhold Airline Articles – Page 44
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Air France-KLM half year results
ON A long flightpath to financial recovery, Air France/KLM grew its half-year 2014 group revenues by one per cent to €12bn, a statement reveals.A strict capacity-management discipline is being used to balance supply and demand and improve productivity at the loss-making merged European carrier.This strategy is particularly relevant to its ...
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Rapiscan wins lithium battery detection project
Rapiscan Systems has won a UK contract to determine whether the presence of lithium batteries in air cargo shipments can be detected automatically.The contract for the US-based security inspection specialist comes from the UK Civil Aviation Authority (CAA) and is supported by Department for Transport funding.It calls for Rapiscan to ...
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Qatar adds belly capacity to Perth with B777-300
QATAR AIRWAYS is to increase belly capacity on its Perth, Australia, route by switching from using a B777-200 to a larger B777-300 version, writes Thelma Etim, deputy editor.The aircraft upgrade on the Middle East carrier’s second Australian destination (the first was launched in Melbourne in 2009) will come into effect ...
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Cathay warns on market overcapacity
Cathay Pacific has warned about continued overcapacity in the cargo market despite the Hong Kong-based group notching a 3.4 per cent rise in freight revenue to HK$11.6 billion in the first half 2014.In a results statement Cathay said of its cargo business: “Overcapacity in the industry remains a major concern ...
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IAG Cargo: open to opportunities
FRESH from signing its block space programme on Qatar Airways freighters, IAG Cargo is prepared to “explore other opportunities” in terms of carrier partnerships.Steve Gunning, chief executive of the British Airways and Iberia cargo arm, says that the deal with Qatar Airways - sharing five-weekly B777F flights from Hong Kong ...
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Emirates' Chicago route takes off
EMIRATES’ daily B777-200LR service to Chicago O’Hare International Airport gets under way, writes Thelma Etim.It is the airline’s ninth US gateway, following the commencement of services to Boston, Massachusetts in February.Chicago, Illinois is the third largest city by population and GDP in the United States, with a population of 2.7 ...
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Etihad will bring Alitalia back to profitability by 2017
JAMES HOGAN, president and chief executive of Etihad Airways, has announced that the carrier has spent €560m to acquire its 49 per cent equity stake in Alitalia, writes Thelma Etim, deputy editor.Under the deal, which will result in €1,758m of investment and includes restructuring the Italian carrier’s debt, the Middle ...
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Cooperation is the key driver
THE latest half-year results for the air cargo industry’s two great players, the airlines and freight forwarders, reveal a market where volume increases are dampened by a “competitive environment” to use the jargon, or a rates battle to you and me.The major purchasers of air cargo space, Deutsche Post DHL, ...
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One Question
Steve Gunning, chief executive of IAG Cargo, answers: "THIS big influx of cargo capacity is creating an excess supply and the only relief valve that the air cargo industry has is freighter capacity, because that is the only one it is fully in control of.“As a result you will see ...
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Etihad Cargo beefs up Russia freighter services
ETIHAD CARGO, the freight arm of UAE flag carrier Etihad Airways, is launching twice-weekly, rotating freighter services linking Abu Dhabi and Moscow’s Domodedovo airport from tomorrow, writes Thelma Etim, deputy editor.The route will operate every Wednesday and Friday using an A330-200F, with a capacity of 64 tonnes.“Russia is a key ...
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American extends domestic cargo reach
AMERICAN Airlines is continuing to strengthen its presence across the US by adding four more domestic routes to its network this month, writes Thelma Etim, deputy editor.The carrier will begin offering belly cargo service to and from Fort Myers (Florida) and San Jose (California) from 18 August, says a company ...
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IAG Cargo releases 2014 "strong results"
A change in freighter capacity saw IAG Cargo record a 7.5 per cent fall in commercial revenue to €992m for full year 2014, but a like for like rise of 2.4 per cent.The decrease in flown revenue plus fuel surcharges reflects IAG Cargo’s decision in May last year to switch ...
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Emirates to add Basel freighter service
EMIRATES SkyCargo is strengthening trade lanes between Switzerland and its worldwide network by launching a weekly B777 freighter service between Basel and Dubai from September, writes Thelma Etim, deputy editor.The new freighter route will supplement the existing belly-hold cargo capacity in the Swiss market provided on the carrier’s double-daily passenger ...
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CAL Cargo signs Canada GSA
FREIGHTER airline CAL Cargo has appointed Exp-Air Cargo as its general sales agent in Canada, writes Thelma Etim, deputy editor.Eyal Zagagi, CAL’s chief executive, says a key element in the Israeli carrier’s stratagem is strengthening its transAtlantic east operations – following the introduction of a weekly service from Greater Moncton ...
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Emirates SkyCargo adds Los Angeles freighter service
EMIRATES SKYCARGO is expanding its freighter network in the USA by starting a weekly B777 freighter service to Los Angeles, writes Thelma Etim, deputy editor.The Middle East carrier’s other freighter destinations in the USA are Chicago, Atlanta and Houston.In addition to these, the freight division also has belly-hold cargo services ...
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Virgin Cargo chief’s warning over yields
OVERCAPACITY in the global air cargo industry on major routes continues to suppress yields, warns Virgin Atlantic Cargo, writes Thelma Etim, deputy editor.Despite a three per cent reduction in the airline’s cargo capacity in the first half of this year, the carrier saw its tonnage rise one per cent to ...
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Martinair Cargo MD-11 freighters axed
CONSISTENTLY poor demand following the global financial economic crisis six years ago has forced Air France-KLM to phase out its five MD-11 freighters by the summer of 2016, writes Thelma Etim, deputy editor.The decision taken by the group’s board of directors following a strategic review, which began in March this ...
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Emirates’ Brussels belly service gets under way
EMIRATES is celebrating the inauguration of its daily B777-200LR service to Brussels, Belgium, writes Thelma Etim, deputy editor.The capital city is the 145th route in the Middle East carrier’s network.Emirates will play a key role in further developing natural business links between Belgium and key markets in the Far East, ...
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Qatar adds Brussels and Shanghai freighters
Qatar Airways Cargo is launching two extra freighter destinations, Brussels in Belgium and Shanghai in China.Brussels will be served four times a week by an A330F from October 1. It will fly via Entebbe to Brussels on Wednesdays and Sundays and via Nairobi to Brussels on Mondays and Fridays.A three-times ...
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A joint vision
LUFTHANSA CARGO'S joint venture with ANA brings together an impressive fleet of freighters and a formidable array of global bellyhold capacity, writes Roger Hailey, Air Cargo News editor.The joint venture was not a surprise - it has been the subject of debate for many months - but the business rationale ...