All Europe Articles – Page 139
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China Southern joins IAG Cargo’s Partner Plus
China Southern Airlines has joined IAG Cargo’s Partner Plus Programme, taking its place alongside Qatar Airways, Japan Airlines, the Avianca group, American Airlines, and Finnair.Customers of IAG Cargo, the freight arm of British Airways and Iberia, can now book confirmed space on China Southern Airlines' aircraft to a range of ...
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Heathrow Airport records 5% drop in air cargo volumes, while Stansted reports increase
London Heathrow Airport suffered a tough July as cargo figures slid by more than 5% compared with a year ago.The airport, which is hoping to receive government backing for the development of a third runway, saw cargo volumes decline by 5.4% year on year to 121,240 tonnes in July.However, July’s ...
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Enfeebled Asia-Pacific airfreight market and sluggish Europe warns ACI
A weakening of international trade activity has “enfeebled the Asia-Pacific airfreight market” in the first half of 2015, while Europe remains “sluggish” in the same period as North America and Middle East volumes rebound.Latest data from Airports Council International (ACI) indicates that global airfreight volumes in June showed average “modest” ...
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Virgin Atlantic Cargo posts record growth from Chicago
Virgin Atlantic Cargo posted a record month for tonnage from Chicago in June while it achieved a 100% load factor in the opposite direction.The airline said that shipments from Chicago increased by more than 30% in June to 860 tonnes, with 53% of traffic destined to the UK and 29% ...
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Air cargo revenues down 9% in first half of 2015
Worldwide air cargo revenues in the first half of 2015 are more than 9% behind last year, but recent market softness appears to have plateaued in June.The latest figure from WorldACD show that air cargo revenues declined by 9.3% year on year during the first six months, with almost all ...
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CEVA records second quarter airfreight growth
Logistics firm CEVA recorded a slowdown in airfreight volume growth during the second quarter while losses improved slightly.The Netherlands-headquartered logistics company reported a 0.7% year-on-year increase in air volumes during the second quarter of the year, down on the 5.2% growth recorded in the first quarter.It said the slowdown was ...
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DHL Global Forwarding considers the future of troubled IT transformation project
DHL Global Forwarding is considering completely scrapping the IT and enterprise resource planning (ERP) systems it has been developing as part of its New Forwarding Environment (NFE) transformation project in favour of a different system.Speaking shortly after announcing second-quarter results, Deutsche Post DHL chief financial officer Larry Rosen said that ...
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Airlines IAG Cargo and Qatar expand freighter partnership
IAG Cargo and Qatar Airways have extended their freighter partnership and added new routes.The two airlines announced this morning that the initial contract would be extended indefinitely, while the number of destinations covered has increased from the one originally announced to nine.The two airlines said they had decided to expand ...
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IAG Cargo's Gunning: excess capacity is the new normal
Excess capacity and yield pressure are the new normal that the air cargo industry must live with, according to IAG Cargo chief executive Steve Gunning.Speaking to Air Cargo News shortly after the publication of its second-quarter results, Gunning outlined why the cargo business of British Airways, Iberia and Vueling decided ...
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Frankfurt Airport sees H1 freight volumes decline
Frankfurt Airport’s cargo (airfreight + airmail) tonnage dropped by 1.8% in the first six months of 2015 to around 1m tonnes, while passenger traffic grew by 4.1%.The first-half cargo decline was mainly due to “a noticeable decrease in throughput with the Far East and Latin America” regions said airport owner ...
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Update: airlines Swiss-Lufthansa adopt new air cargo pricing structure
Swiss WorldCargo and Lufthansa Cargo have provided further information on their new cargo pricing structure which takes effect from October 25 this year.The pricing of both airlines will consist of just two components: a net rate and an airfreight surcharge.Said Lufthansa Cargo: “As a result, the different surcharges currently in ...
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Virgin Atlantic Cargo calls for ethical standards for airfreight
Virgin Atlantic Cargo has called for the creation of an industry-wide ethical cargo policy that will identify shipments not acceptable for carriage in the aftermath of the killing of Cecil the lion.The UK airline, which already has an ethical cargo policy in place, called for an industry-wide agreement that would ...
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Swiss and Lufthansa to launch new cargo pricing structure
Swiss WorldCargo and Lufthansa Cargo are to launch a two component pricing structure - a net rate plus airfreight surcharge – to reflect the "volatility of external cost factors".A joint letter to customers states: “The new airfreight surcharge will be significantly lower compared to the combined fuel and security surcharges, ...
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Manston's new role as temporary truck park
Closed UK south east hub Manston Airport has found a new role, as a temporary lorry park to ease truck congestion on the M20 motorway.The UK Department for Transport (DfT) has announced that the disused Ramsgate airport will be trialled as an addition to stage one of Operation Stack, which ...
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Lufthansa's air cargo and logistics division slips to loss on freight centre delay
Lufthansa’s air cargo and logistics division sank to an operating loss in the first half of the year despite lower fuel prices and an increase in revenues.The logistics segment, which includes Lufthansa Cargo, Jettainer and its share of AeroLogic, saw first-half revenues increase by 4% on last year to €1.2bn ...
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DSV ups profit forecast as airfreight volumes takeoff
DSV has raised its profit forecast for the year as its airfreight division grabbed market share and it benefitted from exchange rate gains in the second quarter.The Danish forwarder recorded a 10% year-on-year increase in airfreight volumes during the second quarter to 77,000 tonnes.Air revenues increased by more than 4% ...
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From the spare room to the boardroom: Bowman’s 20 years at Air Charter Service
Air Charter Service chief executive Justin Bowman has celebrated 20 years at the company, which he joined after lodging with the broker company’s founder.Bowman first became aware of ACS when as a student he moved into founder and chairman Chris Leach’s spare room in the early 1990s.Leach said: “During the ...
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Quick change B737 for Mistral Air
PEMCO World Air Services has redelivered a converted Boeing 737-300QC (Quick Change) to Automatic, a US-based aircraft leasing company.US-based passenger to freighter conversion specialist PEMCO said that the aircraft, built in 1998, is to be operated by Mistral Air based in Italy.Mistral Air is one of the main Italian air ...
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WFS expands at Heathrow
Cargo handler Worldwide Flight Services has signed a lease for a “significant” new facility at the Heathrow Cargo Centre (HCC).Property owner Airport Property Partnership (APP), owned by SEGRO and Aviva Investors, said WFS had signed up to take a 7,650 sq m airside unit at HCC.Alan Holland, director of APP ...
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Brussels launches probe into FedEx’s proposed TNT takeover
The European Commission has opened an in-depth investigation into FedEx’s proposed $4.8bn takeover of TNT Express over concerns the deal could reduce competition and push up prices.The Commission said it had concerns that on a number of European markets for international express and regular small package deliveries, the merged entity ...