Business – Page 137
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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 ...
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IAG Cargo extends 'Cargo Connector' to Seattle and Houston
IAG CARGO is extending Cargo Connector - a service offering to collect and deliver items weighing less than 300 kilos – to airports in Seattle and Houston.The service allows forwarders to book cargo at short notice, and removes the need for them to pay for their own driver and truck, ...
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Asia Pacific cargo uptick in May
ASIA PACIFIC airlines saw a “healthy growth” in demand for air cargo in May, according to the latest industry data.Preliminary traffic figures from the Association of Asia Pacific Airlines saw International air cargo demand in freight tonne km increase by 4.7 per cent last month, with export shipments to the ...
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iPhone 6 ready to take off?
AIR CARGO commodity – the iPhone 6 – goes into production next month ready for a potential September launch, writes Nigel Tomkins, managing director.Foxconn, the Asian company that handles the bulk of Apple's manufacturing, has been on a gigantic hiring spree for the iPhone 6, according to Taiwanese newspaper reports. ...
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Ethiopian Airlines gets €50m loan for air cargo terminal
ETHIOPIAN Airlines has signed a €50 million loan agreement with the French Development Agency (AFD) to erect a new air cargo terminal at Addis Ababa.“Infrastructure development is one of the four pillars of our fast, profitable and sustainable growth strategic roadmap: Ethiopian Cargo Vision 2025,” reveals Tewolde Gebremariam, chief executive ...
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Good year for Lyon
LAST year was a good one for cargo business at Lyon-Saint Exupéry Airport in France, thanks to additional Emirates SkyCargo capacity.Philippe Bernard, chief executive of Aéroports de Lyon, reports that its cargo business saw outstanding, double-digit growth of 26.5 per cent in 2013, with 42,159 tonnes transported.The upwards trend at ...
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Air China Cargo cash injection
AIR CHINA, Cathay Pacific and a third investor are to pump 2 billion yuan ($321 million) into their Air China Cargo freighter venture.In a website statement, Cathay said that the funds will assist Air China Cargo to “adjust its fleet, to reduce its operating costs and to improve the performance ...
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East-West air freight rates fall in May
DREWRYS weighted average of air freight rates across 21 East-West trades, declined 4.5 points in May to 99.3 points, ending two consecutive months of small pricing gains.Despite the monthly decline, rates remain higher than they were 12 months ago, said the London-based freight consultancy.The Drewry Sea & Air Shipper Insight ...
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Where PR stands for poor relation
THIS is my last comment after some 30 years or so of waking up every single morning and wondering what the rest of the day has in store . . for the worldwide air cargo industry! writes Nigel Tomkins.Pathetic, I know, but on reflection, my partial retirement comes with few ...
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Air cargo tonnage up 7.5 per cent in May
GLOBAL air cargo tonnages saw a 7.5 per cent year-over-year increase in May but a 0.2 per cent yield drop in US$, stated WorldACD in its latest market data report.From April to May, yields fell by 1.9 per cent, “a not unusual seasonal phenomenon,” said the Netherlands-based research house that ...
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Cargolux opts for Telair lightweight ULDs
CARGOLUX is to become the first airline to carry cargo handling systems manufacturer Telair International’s CAEROe ® advanced lightweight unit load devices (ULDs).The all-cargo airline will be using CAEROe ®’s cookie sheet pallets, heavy gross weight pallets and fuel-saving containers on its fleet of B747s.The pallets are up to 40 ...
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Air cargo prices to weaken says Drewry
AIR CARGO pricing is expected to weaken in the coming months, while global airfreight traffic growth will be held back by weaker demand in the intra-Asia region.That is the view of Drewry, the UK-based research house, in its latest briefing on the demand and supply equation for global airfreight and ...
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Chapman Freeborn and Swiss WorldCargo's courier deal
CHAPMAN Freeborn Airchartering and Swiss WorldCargo have agreed a new partnership for delivering time-critical shipments.It means that the global aircraft charter specialist is supporting Swiss WorldCargo with all hand-carry requirements through its worldwide office network.Already an acknowledged global leader for care-intensive cargo services, the agreement will allow Swiss WorldCargo to ...