All Business Articles – Page 84
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Bertling plugs into Antonov for power station logistics
Germany’s Bertling Logistics has transported three power substations from Portugal to Argentina using Antonov Airlines freighters.The logistics operation required three An-124-100 flights to airlift nine outsize transformers from Porto, Portugal, to the capital of Argentina, Buenos Aires.The sub-stations had to travel from the manufacturer’s facility (Efacec) to the end user ...
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Pharma defection to ocean is ‘wake-up call’ to airfreight
Airlines are targeting premium products to claw back lost revenue from the recession. Foremost of those is the cool chain for fresh produce and pharmaceuticals.But, according to Steef Van Amersfoort, chairman of the air transport at the Dutch Shippers Council and veteran pharmaceutical-logistics executive, there is a massive difference between ...
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Qatar finalises B777F fleet order
Qatar Airways has finalised an order for four Boeing 777 freighters valued at $1.24bn, with purchase options on another four.Qatar Airways first announced its intention to order four B777Fs at the 2014 Farnborough Airshow. The total order for all eight freighters has a potential combined value of $2.46bn, at current ...
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Security standard first for Cathay Pacific Cargo Terminal
Cathay Pacific Cargo Terminal has become the first Hong Kong air freight facility to achieve ISO 28000 certification, a global standard for security management systems in the logistics industry.Cathay Pacific Services Ltd (CPSL) chief executive Kelvin Ko said: “Customers paying premiums for airfreight expect their goods to arrive at the ...
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Lufthansa Cargo's cautious optimism for 2015
Lufthansa Cargo carried 1.7m tonnes of freight and mail in 2014, a year-on-year decline of 2.7 per cent, although the leading German carrier maintained its capacity utilisation with a cargo load factor of 69.7 per cent.Faced by “tough competition,” the cargo airline focused on “a flexible and demand-driven management of ...
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Middle East leads world airfreight growth
The Middle East set the pace for a four per cent global surge in air freight in November, and 4.7 per cent for the past 12 months, according to the latest Airports Council International (ACI) figures.The region achieved the highest growth in freight volume, 12.8 per cent, year on year ...
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More Airbuses than ever
Airbus hit a new record of 629 aircraft deliveries for 89 customers, including eight new ones. The Toulouse-based plane-maker said that the new planes included 490 A320 family aircraft, 108 A330s, 30 A380s and its first A350 XWB, to Qatar Airways.Aircraft deliveries in 2014 beat the previous record set in ...
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Swiss signs quality deal with handlers
Swiss WorldCargo has signed a memorandum of understanding with ground handlers Cargologic and SATS to boost service standards and information flow between Singapore and Switzerland.The airfreight division of Swiss International Air Lines wants to intensify collaboration in areas such as quality, e-initiatives, temperature-controlled transport and specialised handling.The MoU, signed in ...
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Qatar to apply all-in freight rates from April
Qatar Airways Cargo is changing its pricing structure to a “one-rate basis”, saying that the current surcharge conventions "expose the supply chain to significant price volatility”.The Doha-based carrier will “abolish” both its fuel (MYC) and security (MOC) surcharges. All other ancillary charges will remain in place.The move follows a decision ...
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Containership reliability ends 2014 on a downer
Air cargo chiefs will note with interest that containerised ocean freight reliability declined for the second month in a row in December 2014, according to Drewry’s enhanced Carrier Performance Insight.The latest data for boxship journeys shows that the aggregate on-time performance for the Asia-Europe, Transpacific and Transatlantic box trades dropped ...
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Cargolux strike threat looms
Labour talks at Luxembourg-based all cargo carrier Cargolux have stalled again and a strike is on the cards if conciliation fails, warns one of the trade unions involved.The LCGB union says that negotiations on a new collective work agreement, which started on 14 January, have ground to a halt. This ...
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Cargolux agrees to conciliation
Cargolux says it will enter into a conciliation process on its collective work agreement and has rebuffed suggestions that it plans to move a major part of its operation outside Luxembourg.The European all-cargo carrier issued a statement following the apparent breakdown in negotiations with the labour unions yesterday (20 January).Cargolux ...
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Air Charter Service to invest £10m in charter technology
Air Charter Service (ACS) will spend £10m over the next five years to advance the UK-based broker’s charter booking technologies and online presence.The proposed investment comes as ACS announced an “outstanding 2014” with strong growth and around £300m in sales.Chris Leach, ACS chairman said: “Whilst we believe that the award-winning ...
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DB Schenker gains allies in cartel damages claim
German railway Deutsche Bahn (DB) has confirmed French news agency reports that it has been joined by several unnamed corporations in its billion dollar lawsuit for damages against member airlines of an illegal air cargo cartel.A spokesman for DB said: "I can confirm this report from AFP. Due to confidentiality ...
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ABC sees record 2014 tonnage
AirBridgeCargo Airlines (ABC) carried a record 401,000 tonnes in 2014, a 17.6 per cent increase year-on-year, with an average load factor of 72.6 per cent “well above the industry average”.Denis Ilin, executive president of the Russian all–cargo carrier, described 2014 as a “milestone” for ABC, observing that the airline has ...
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Asia Pacific Airlines see 2014 revival in cargo demand
Association of Asia Pacific Airlines (AAPA) preliminary figures for 2014 show an “encouraging revival” in cargo demand after three consecutive years of decline.An upsurge in exports from manufacturing hubs in the region led to a rebound in international air cargo markets in 2014, with demand in freight tonne km (FTK) ...
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Qatar Airways take 9.9% stake in IAG
Qatar Airways has acquired a 9.99 per cent stake in International Airlines Group (IAG), the parent of British Airways and Spain's Iberia.The Middle East carrier's share swoop is valued at around £1.1bn ($1.7bn), and builds a closer relationship with a fellow member of the oneworld airline alliance.An IAG statement said: ...
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IAG issues safeguards to Dublin over Aer Lingus bid
International Consolidated Airlines Group (IAG) has issued legally binding commitments to safeguard Aer Lingus slots at Heathrow as the British Airways and Iberia parent prepares to launch a €1.4bn bid for the Irish flag carrier.IAG, itself the target of a 9.99 per cent share swoop last week by Qatar Airways, ...
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TNT tweaks its figures
Express carrier TNT said its fourth quarter results, due to be published in full on February 17, would include non-recurring tax expense items totalling €77m, which include a €67m non-cash valuation allowance on deferred tax assets.The Netherlands-headquartered company added that changes to its accounting treatment in Brazil would also result ...
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Maximus profits up by a fifth
Abu Dhabi-based all-cargo carrier Maximus Air reported a 20 per cent increase in profits in 2014 compared with the previous year.Chairman Homaid Al Shemmari said the increase was due mainly to growth in European, African and Asian markets and a generally positive outlook for the global airfreight industry.Chief executive Mohammed ...