All Business Articles – Page 74
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German airspace costs angers airlines
PLANS by the German air navigation service to radically increase overflight costs has angered airlines.Deutsche Flugsicherung (DFS) wants to increase user charges by €300 million a year from 2015, a move which has been branded as ‘unacceptable’ by the Association of European Airlines (AEA).The reason given for the increase is ...
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Cargo uptick at Abu Dhabi Airport
AIR CARGO activity at Abu Dhabi International Airport rose 16.6 per cent to 60,059 tonnes in April.Aircraft movements shot up to 12,420 – up 16.4 per cent.The top five routes from the UAE airport during April were Bangkok, Manila, London Heathrow, Doha and Jeddah, says a company statement.“It is a ...
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Animals by air: a growing vertical
WITH profit margins and yields continuing to be unsatisfactorily low, air cargo operators are increasingly diversifying into other areas. Animals transportation appears to be among the growing verticals.Although the contribution (percentage) to overall annual revenues can be as low as four or five per cent, specialist animal shipments are seen ...
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Cargolux denies false claims over Karachi airport attack
CARGOLUX has confirmed its aircraft were not involved, damaged or destroyed in the attack at Jinnah International Airport in Pakistan, last weekend.Armed gunmen stormed the busy Karachi airport’s cargo terminal, killing at least 28 people on Sunday night, according to reports.A statement from the European all-cargo carrier says: “Cargolux would ...
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Airfreight gains momentum says world airports
AIRFREIGHT markets are gaining steam with the overall improvements in world trade and a recovery in global demand, according to the world’s top airports.Except for Africa, all regions experienced growth in year-over-year airfreight volumes in April, reports Airports Council International (ACI).“The two largest global airfreight markets of North America and ...
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Blow for Airbus as Emirates cancels A350 XWB order
EMIRATES Airline has cancelled its order for 70 A350 XWB.The move follows the on-going discussions the carrier has been having with Airbus regarding its fleet requirement review, says the European ‘plane manufacturer.Emirates placed the order for 50 A350-900s and 20 A350-1000s back in 2007. They were scheduled for delivery from ...
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Heathrow cargo up 6.9 per cent in May
LONDON Heathrow’s air cargo throughput rose 6.9 per cent in May to 125,982 tonnes, with traffic hot spots Mexico, China and Brazil the star performers.The UK airport's tonnage comparison versus same month 2013 saw Mexico with a 54 per cent increase, followed by China, up 38 per cent , and ...
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LATAM Airlines' cargo dip
REDUCTIONS in both bellyhold capacity and freighter operations saw cargo traffic at LATAM Airlines Group dip by 0.7 per cent in May, as capacity decreased 4.4 per cent.Said a spokesman for the Chile-based operator: “Cargo traffic decrease was driven by weaker imports into Latin America and a decrease in exports ...
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Lufthansa cuts earnings forecast
LUFTHANSA group has cut its 2014 earnings forecast due to “revenue risks” in its passenger and cargo business caused by strikes, currency impairments and “strong capacity growth by state-owned Gulf carriers”.The German flag carrier's executive board is now projecting an operating profit for the current financial year of approximately €1 ...
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Good May for Cathay Cargo
CATHAY Pacific and Dragonair carried a combined total of 138,448 tonnes of cargo and mail in May, an encouraging increase of 13.9 on the same month last year.The cargo and mail load factor rose by 1.9 percentage points to 63.0 per cent in the period.Capacity, measured in available cargo/mail tonne ...
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IATA: "solid improvement" in air freight growth
AIRFREIGHT growth has seen a “solid improvement” in 2014 over prior year, but IATA warns that demand could weaken as the on-shoring trend continues.Volumes are being supported by the cyclical upswing in the global economy but high fuel prices, stable at $120 per barrel, and weak cargo yields continue to ...
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Qatar Airways Cargo supports solar energy
QATAR Airways Cargo has further linked itself to renewable energy by sponsoring the opening ceremony of the Qatar Solar Energy factory and research facility in Doha.The facility, which can produce solar panels capable of generating as much as 300 megawatts of energy annually, is located at Doha’s new industrial area.In ...
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It’s my ball . . and I’m taking it home to mummy
THE SURPRISING and coincidental departures of two leading US airline cargo personalities has caused a few shockwaves.The sudden exit of Robbie Anderson, president of United Cargo, and the unexpected announcement of the retirement of Tony Charaf, Delta’s cargo chief, make one wonder about the state of the US air cargo ...
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Etihad cargo soars in April and May
ETIHAD Cargo uplifted record tonnage across the globe in April and May 2014, pushing the carrier into the world’s top 10.In April, it moved 44,730 tonnes around the world, 30 per cent more than in April last year.May also saw an impressive performance across Etihad Cargo’s network, with 48,869 tonnes ...
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Aeroflot is top of the punctuality class
RUSSIA’S flagship carrier Aeroflot was the world’s most punctual airline in May, according to statistics compiled by flightstats.com.In the month, 91.18 per cent of Aeroflot flights arrived on time, placing it ahead of peers such as Lufthansa, British Airways and Emirates.It is the first time that Aeroflot has taken top ...
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Post-MH370: Malaysia Airlines refocuses
WEAK air cargo volumes dragged down the overall revenue performance of Malaysia Airlines Group, resulting in a marginal two per cent growth in the first three months of this year.The carrier, which recorded a net loss of US$134m in the first quarter, needs to accelerate efforts to improve its revenue ...
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TSA jettisons air cargo screening report rule
THE International Air Cargo Association (TIACA) has welcomed the US Transportation Security Administration’s (TSA) U-turn on forcing operators to provide burdensome, monthly air cargo screening volume reports.The decision comes less than a year after TIACA called for the regulation to be axed warning it was needlessly putting a strain on ...
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Volga-Dnepr delivers oil and gas drilling rig
VOLGA-DNEPR Airlines has transported this 24-metre long oil-and-gas drilling rig.Outsize shipments technicians used a special aircraft ramp extension to load it onto an An-124-100 freighter, before a tractor dragged it into the cargo hold.The rig was flown from the Russian city of Novy Urengoy to Mirny-based Krasnodar Drilling, a branch ...
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Changi cargo climbs
SINGAPORE’S Changi Airport handled 157,500 tonnes of airfreight in May – a 3.5 per cent increase year-on-year.Cargo shipments increased by 0.8 per cent to 755,400 tonnes in the first five months of this year, says a company statement.More than 100 carriers operate at the facility, which connects Singapore to 290 ...
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Air India set to join Star Alliance
AIR INDIA is set to join the Star Alliance in July after a meeting of member airline CEOs cleared the way for India's national carrier to become part of the global grouping.Integration teams at Air India, Star Alliance and its member carriers will now complete the “last necessary work” for ...