All articles by Damian Brett – Page 192
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News
SpiceJet set to expand international cargo operations with A340 freighter
SpiceJet is set to enter the widebody all-cargo market with the introduction of an A340 freighter.Up until now, the airline's freighter fleet has consisted entirely of B737s and Q400s, limiting it to national and regional operations.However, several local news reports suggest the company is expanding operations through the introduction of ...
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News
Mixed performance for Agility in H1
Agility saw its profits dive in the first half, although its airfreight business performed well.The company saw its revenues for the first half decrease by 1.3% year on year KD765.1m, earnings before interest, tax and depreciation (ebitda) was down 20.1% to KD75.8m and net profits slipped by 61.3% to KD16.2m.The ...
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NewsSky Gates Cargo adds new Moscow freighter service
Sky Gates Cargo is expanding its freighter network with the addition of services from Moscow Zhukovsky International Airport (ZIA).The airline plans to begin a three-time-per-week scheduled freighter service from ZIA to Frankfurt-Hahn, Baku and Zhengzhou utilising one of its B747-400Fs.The move follows the opening of a new air cargo terminal ...
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Seat removal helps boost cargo at Cathay Pacific
Cathay Pacific saw its cargo volumes increase in July compared with a month earlier as it began flights using B777 aircraft with some seats removed.The airline group said that cargo volumes in July increased by 10% compared with June to 102,129 tonnes. However, this is still 39.8% down on a ...
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Air Canada Cargo signs up to combat illegal wildlife trafficking
Air Canada Cargo has become the latest airline to sign up to the United for Wildlife (UFW) Buckingham Palace Declaration that aims to combat the illegal trade in wildlife.By signing up to the declaration, companies aim to increase passenger, customer, client, and staff awareness about the nature, scale, and consequences ...
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NewsAtran expands China freighter network to cater for e-commerce demand
Atran Airlines B737Russia-based Atran Airlines has added a new weekly freighter call in China as it looks to capitalise on growing e-commerce demand.The Volga-Dnepr Group-owned airline has added a weekly service between its hub at Vnukovo International Airport in Moscow and Shijiazhuang, which will utilise its two freighter types: B737-400SF ...
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How to attract the next generation of logistics professionals
To most millennials, the semantics of ‘logistics’ are riddled with outdated stereotypes of a heavy haulier, or warehouse shelf stackers.The more desirableelements of the industry – of which there are many – are not projected to young people, causing a lack of exposure and knowledge aboutlogistics.Luckily, my own perceptions of ...
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News
S7 Airlines to enter the freighter market
Russian carrier S7 Airlines will enter the freighter market through a deal with lessor GECAS.GECAS will provide S7 with two Boeing 737-800 converted freighters that will operate on short- and medium-haul routes.S7’s airfreight programme currently utilises belly capacity on passenger planes, with S7 Cargo acting as the GSA for the ...
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NewsGECAS adds to B737 conversion order
GECAS B737-800BCFLessor GECAS is to take up to 20 more Boeing 737-800 converted freighters, having firmed up orders for 11 of the cargo jets.GECAS’s top-up agreement – its third, and one which includes nine additional options – takes its overall orders for the type to 60 with 14 options.Conversion of ...
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Forwarder and shipper charter deals propel Atlas Air in Q2
Atlas Air Worldwide Holdings saw its operating revenues and income increase during the second quarter of the year as forwarders and shippers looked to secure freighter capacity through charter deals with the firm.The New York-headquartered lessor reported second quarter operating revenues of $825.2m — up 24.3% on year earlier — ...
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NewsVolga-Dnepr Group enters the B777F market with first delivery
The Volga-Dnepr Group has entered the B777 freighter market following the delivery of its first aircraft of the type.The aircraft was ordered by Volga-Dnepr in partnership with aircraft lessor Dubai Aerospace Enterprise (DAE) and adds to subsidiary AirBridgeCargo's fleet of B747 freighters."Volga-Dnepr is dedicated to the development and optimal composition ...
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NewsQatar Cargo's '1 million kilos' campaign just the start of sustainability drive
Guillaume HalleuxQatar Airways Cargo’s 1 million kilos project is just the start of a far reaching outreach project that the airline hopes will help reinforce the UN’s Sustainable Development Goals*.The carrier announced its ambitious 1 Million kilos campaign, which was prompted by the Covid-19 outbreak, in mid-July. It will enable ...
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NewsAir cargo demand continues its gradual recovery
The latest figures from CLIVE Data Services show that air cargo volumes continued to climb in July, while load factors for the month remained ahead of last year's levels.Airfreight volumes were 20% down on a year ago in July, but this is an improvement on the drops of 26% (April), ...
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News
Virgin Atlantic's cargo flights continue as it applies for bankruptcy protection
Virgin Atlantic has confirmed that it will continue its cargo operations after filing for Chapter 15 bankruptcy protection in the US.The airline told Air Cargo News that cargo operations will continue while it goes through the process of securing court approval for its creditor backed restructuring plan.Cargo flights will therefore ...
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NewsAir Cargo Forum the latest event to be cancelled
Tiaca and event organiser Messe München have announced the cancellation of the 2020 Air Cargo Forum (ACF), due to take place in Miami in November.The partners said that they had taken the decision to cancel the event in light of concerns over the health and safety of the ACF exhibitors, ...
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NewsVIDEO: DB Schenker opens record-breaking airfreight facility
DB Schenker has opened its most expensive facility to date: a €101m automated hub catering for the high-speed logistics sector.The forwarder said that the Red Lion warehouse in Singapore is the single largest investment in any site globally in Schenker’s corporate history.The combined airfreight and contract logistics hub is located ...
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Virgin Atlantic files for bankruptcy protection, plans restructuring vote
Virgin Atlantic creditors will vote on the UK carrier’s restructuring plan at a meeting on 25 August after court proceedings in London.The UK carrier secured the order following a 4 August court hearing, held as part of the planned private recapitalisation it announced in July under the UK Companies Act.In ...
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Atlas Air sees share price soar as investors circle
Atlas Air Worldwide Holdings has seen its share price increase rapidly since the start of the year as investors look to benefit from the ongoing capacity crunch.New York-headquartered Atlas Air Worldwide Holdings has seen its share price on the NASDAQ exchange double from $27.73 on January 2 to $55.72 as ...
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NewsVolga-Dnepr's quick O&G turnaround
Volga-Dnepr Airlines has completed a charter flight to deliver of oil & gas equipment for P-cube aviation.Four compressors and two rotors, weighing more than 26 tons, were delivered onboard an IL-76TD-90VD from Singapore to Melbourne (Australia) for urgent repair and maintenance works.The airline processed all flight permits within one day ...
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NewsDHL the latest to report rapid airfreight revenue growth
Deutsche Post (DP) DHL is the latest company to report soaring airfreight revenues as a result of the capacity crunch experienced in the second quarter of the year.The German express and parcels giant saw second-quarter revenues from its airfreight forwarding business increase by 57% year on year to €1.8bn, gross ...