All Europe Articles – Page 169
-
News
Pharma-friendly IAG Cargo boosts Philadelphia and Calgary
BUSINESSES supported by IAG Cargo’s North American operations will benefit from the introduction of the next-generation B787 Dreamliner on two key routes of Philadelphia and Calgary, writes Nigel Tomkins, managing director.Customers shipping goods between these airports and IAG Cargo’s hub at London Heathrow will have access to some 14 tonnes ...
-
News
CBI: air freight's vital role for UK business
UK business chiefs have called for “urgent action” by politicians to make key decisions on future UK airport infrastructure for passenger and cargo.“Action is needed to boost the UK’s air links and put growth on a sustainable long-term footing,” according to a new report by the CBI, which represents 190,000 ...
-
News
IATA hits out at Malaysian 'outrage'
IATA has described the tragedy of Malaysian Airlines flight MH17 as “an outrage and a hideous crime”.In a powerful statement released by director general Tony Tyler, the airline association says the downing of the aircraft was an attack against the air transport system – “which is an instrument of peace.”The ...
-
News
July uptick for air cargo revenues
Transpacific air cargo registered a 25 per cent revenue growth in July, as global freight revenues rose almost nine per cent versus prior month 2013.Latest analysis from Netherlands-based research house WorldACD found that global volume in July increased six per cent year on year, accompanied by a US$-yield improvement of ...
-
News
Air freight volumes show solid gains
Air freight volumes continue to show solid gains on a year ago, supported by economic improvements in some regions, says IATA in its latest quarterly cargo chartbook.But high jet fuel prices and overall weakness in yields have kept cargo financial performance from improving so far this year, adds IATA.“Emerging Asia ...
-
News
IATA: Cargo growth accelerated in September
Global air freight showed accelerated demand in September for most markets, although there are “mixed messages” in regional growth and fears remain of a "bumpy road" ahead.International Air Transport Association (IATA) data saw global freight tonne km (FTKs) volumes rise 5.2 per cent compared to September 2013, some 0.8 percentage ...
-
News
AsiaPac and North American origin cargo drives September surge
Air cargo’s worldwide dollar revenues grew six per cent in September, spurred on by the origin markets of Asia Pacific (+7.7 per cent) and North America (+6.6 per cent), says independent research house WorldACD.Netherlands-based WorldACD, using primary data supplied from airlines, added that while global air cargo volumes increased 6.6 ...
-
News
IATA stats: October growth continues but caution prevails
IATA’s October air freight data for October presents a mixed picture, as strong route development by Middle East carriers and demand for Apple’s iPhone 6 out of Asia were countered by economic concerns in Europe and Africa.Overall global volumes were up 5.4% in October compared to a year ago, an ...
-
News
IATA: solid volume gains
Air freight volumes are showing solid gains on a year ago, supported by improving trade growth in some regions, but weakness in load factors and yields continues to place downward pressure on financial performance.That was the message from the latest cargo e-Chartbook from airline association IATA, covering the fourth quarter ...
-
News
Air cargo rates gain on US port congestion
Air freight rates continued to climb through November on the back of strong peak season demand and conversions from ocean freight as a result of US supply chain bottlenecks.Drewry’s East-West Air Freight Price Index rose a further 5.3 points in November to reach an all-time peak of 120.8 points, exceeding ...
-
News
AEA: European freight up 2% in 2014
Association of European Airlines (AEA) members saw 2014 freight traffic grow in excess of two per cent, measured in FTKs, according to initial estimates.“Although an improvement on 2013, which saw a growth of just +1.9%, freight growth to/from Europe transported by AEA members remains subdued” said the association.Participating AEA airlines ...
-
News
IATA to survey shippers
IATA is to undertake a global shipper survey, its first for four years, to help it learn more ahead of the World Cargo Symposium in Shanghai during March about customers’ increasingly sophisticated requirements.In a presentation at IATA’s Geneva headquarters in December, Glyn Hughes, the association’s new global head of cargo, ...
-
News
Drewry: East-West airfreight rates in retreat
Air freight rates retreated from their November high as peak season demand receded.Drewry’s East-West Air Freight Price Index fell 12.6 points in December to 108.2 points, bringing the index down closer to seasonal norms.This brought to an end six consecutive months of rising pricing in which the index had gained ...
-
News
December's dollar yields dip
Air freight volumes continued to rise in December but exchange rate and fuel surcharge fluctuations saw a 2014 end of year fall in dollar-based yields, according to research house WorldACD.December’s healthy year-over-year (YoY) volume growth continued 2014's trend, as chargeable weight increased 6.7 per cent, said the Netherlands-based analyst which ...
-
News
ICAO sees cargo improvements
WORLD scheduled airline passenger traffic grew by 5.5 per cent last year, reaching 5.8 trillion passenger-kilometres performed (PKP) – and is expected to increase by six, 6.3 and 6.5 per cent in the years 2014, 2015 and 2016, respectively, according to figures collected by the International Civil Aviation Organisation (ICAO).The ...
-
News
Brussels approves Leipzig/Halle funding
Brussels regulators have approved the finance used to fund cargo infrastructure expansion at Leipzig/Halle airport, Germany’s second largest air freight hub.This is the first decision under new European Commission guidelines authorising aid for airports specialising in freight.A two-year in-depth investigation by the commission found that shareholder loans were granted on ...
-
News
10th B747-8F for Cargolux
CARGOLUX is taking delivery of its latest B747-8 freighter from Boeing.The aircraft, registered LX-VCK and named ‘City of Contern’, is the tenth in a total order of 14.‘The delivery has helped us bring down the average age of our fleet – already one of the youngest in the industry – ...
-
News
dnata wins EU approval in Philippines
UAE-BASED ground handling company dnata’s operation in Manila has secured RA3 cargo certification for its ramp services at Ninoy Aquino International airport.RA3 certification complements the global air cargo industry’s drive to meet the European Union’s ACC3 – air cargo or mail carrier operating into the Union from a third country ...
-
News
Aeroflot's cargo business slumps
THE decision by Russian airline Aeroflot to scrap its dedicated freighters business last year is the reason for a 36 per cent year-on-year slump in its cargo business in 2014.“Switching to belly cargo operations in 2013 is the main reason that cargo and mail carried decreased 36.0 per cent year-on-year ...
-
News
Heathrow's half year cargo boost
Cargo volume at London Heathrow increased 4.1 per cent to 726,469 tonnes in the first six months of 2014, with “notable increases” on routes serving China, Japan, Brazil and the US.Airport management at the UK’s largest hub said that 35.1 million passengers travelled through Heathrow in half year, a 1.9% ...