Business – Page 147

  • News

    ICAO confirms air freight market recovery in 2014

    2015-02-25T11:01:35Z

    Provisional figures from the International Civil Aviation Organization (ICAO) indicate that 2014 saw global scheduled air freight traffic up by 4.6 per cent.That is a sharp increase on the year on year rate seen in 2013 (0.4 per cent), as the air cargo industry shadowed the trend in improving conditions ...

  • News

    Cargo pallets go on a diet

    2015-02-24T17:10:42Z

    Air France-KLM is introducing new aluminum pallets that are 17kg lighter than standard pallets but just as strong.The new 83kg pallets will gradually replace all the current standard stock - each weighing 100kg - in the airline’s fleet.Said a spokesperson: “Air France-KLM is fully committed to reducing the company’s CO2 ...

  • News

    Bertling plugs into Antonov for power station logistics

    2015-02-24T17:06:02Z

    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 ...

  • News

    Pharma defection to ocean is ‘wake-up call’ to airfreight

    2015-02-24T16:24:39Z

    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 ...

  • News

    Qatar finalises B777F fleet order

    2015-02-24T16:09:37Z

    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 ...

  • News

    Security standard first for Cathay Pacific Cargo Terminal

    2015-02-24T15:55:50Z

    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 ...

  • News

    Lufthansa Cargo's cautious optimism for 2015

    2015-02-24T15:53:10Z

    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 ...

  • News

    Middle East leads world airfreight growth

    2015-02-24T15:51:42Z

    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 ...

  • News

    More Airbuses than ever

    2015-02-24T15:50:45Z

    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 ...

  • News

    Swiss signs quality deal with handlers

    2015-02-24T15:48:34Z

    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 ...

  • News

    Qatar to apply all-in freight rates from April

    2015-02-24T15:36:39Z

    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 ...

  • News

    TIACA calls for risk-based approach to security

    2015-02-24T15:36:13Z

    TIACA members have been advised that recently released updates to security programmes for all-cargo aircraft in the US must be implemented by February 16, 2015.The updated security programmes, issued by the US Transport Security Administration (TSA) on December 29, 2014, affect all US and non US-based freighter aircraft operators within, ...

  • News

    Containership reliability ends 2014 on a downer

    2015-02-24T15:35:51Z

    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 ...

  • News

    ATSG and DHL extend US freighter agreement

    2015-02-24T15:31:15Z

    Aircraft lessor Air Transport Services Group (ATSG) has completed a new agreement that extends its support of DHL’s air cargo network in the US until at least March 2019.Principal elements of the new agreement include extended dry leases for the 13 B767 freighters currently leased to DHL and new dry ...

  • News

    Cargolux strike threat looms

    2015-02-24T15:25:33Z

    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 ...

  • News

    Cargolux agrees to conciliation

    2015-02-24T15:22:36Z

    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 ...

  • News

    Air Charter Service to invest £10m in charter technology

    2015-02-24T15:20:08Z

    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 ...

  • News

    DB Schenker gains allies in cartel damages claim

    2015-02-24T15:14:16Z

    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 ...

  • News

    ABC sees record 2014 tonnage

    2015-02-24T15:13:46Z

    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 ...

  • News

    TIACA looks to LatAm supply chains

    2015-02-24T15:10:50Z

    Regulatory issues and supply chain strategies for Latin America and the Caribbean will be on the agenda at TIACA’s executive summit and annual general meeting in May.The Miami meeting - May 19-21 - will also feature interactive workshops on global airfreight issues such as advanced data submission and lithium batteries.“Understanding ...