All Europe Articles – Page 170
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Air France-KLM half year results
ON A long flightpath to financial recovery, Air France/KLM grew its half-year 2014 group revenues by one per cent to €12bn, a statement reveals.A strict capacity-management discipline is being used to balance supply and demand and improve productivity at the loss-making merged European carrier.This strategy is particularly relevant to its ...
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Record performance for Russia's ABC
AIRBRIDGECARGO (ABC) Airlines, Russia’s largest scheduled cargo airline and part of Volga-Dnepr Group, started its 10th anniversary year with a record performance in the first six months of 2014, transporting 188,354 tonnes across its international network, 16 per cent more than the previous year.The improvement reflects the airline’s strong market ...
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UPS parcel surge to Europe
E-commerce shipping in the US and strong International export growth helped parcel giant UPS record a 7.2 per cent increase in global package shipments in the 2014 second quarter.A surge in outbound shipments to Europe contributed to a 6.2 per cent rise in international small package revenues of $3.3 billion ...
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Rapiscan wins lithium battery detection project
Rapiscan Systems has won a UK contract to determine whether the presence of lithium batteries in air cargo shipments can be detected automatically.The contract for the US-based security inspection specialist comes from the UK Civil Aviation Authority (CAA) and is supported by Department for Transport funding.It calls for Rapiscan to ...
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Subdued half year for Lufthansa
Lufthansa’s group cargo volumes fell 3.1 per cent in the first six months of 2014 to 932,000 tonnes in a “subdued” freight market for the German carrier’s airline businesses which include Lufthansa Cargo, Swiss and Austrian Airlines.In its half-year financial review, Lufthansa said: “The global cargo business was more subdued ...
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June volumes maintain upward momentum
June continued the momentum of 2014 air freight volume growth, with a 4.8 per cent year on year increase for the month.Latest analysis from WorldACD, the Amsterdam-based air cargo market data specialist, indicates that revenues grew even more: “For the first time in 2.5 years, we registered a month with ...
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Virgin expands lightweight container fleet
Virgin Atlantic Cargo has taken delivery of its first 802 lightweight air cargo containers and will add a further 250 new units in the coming weeks.The investment is part of the carrier’s sustainability programme to save fuel and reduce its carbon footprintThe airline will ultimately replace all 3,200 of its ...
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IAG Cargo results reflect capacity switch
IAG Cargo's revenue fell 9.8% in the first half of 2014 to €488 million as volumes edged down 3.3 per cent to 441,000 tonnes, figures which reflect the ending of a long haul freighter leasing programme in April.The freight arm of British Airways and Iberia terminated its agreement with Global ...
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Air cargo dips in June
GLOBAL airfreight volumes were up 4.1 per cent in the first six months of this year in comparison with 2013, buoyed by improving global trade and stronger business activity over the past year, according to IATA.June’s figures show reduced demand though, slowing to 2.3 per cent – down on the ...
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IAG Cargo: open to opportunities
FRESH from signing its block space programme on Qatar Airways freighters, IAG Cargo is prepared to “explore other opportunities” in terms of carrier partnerships.Steve Gunning, chief executive of the British Airways and Iberia cargo arm, says that the deal with Qatar Airways - sharing five-weekly B777F flights from Hong Kong ...
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Air Partner and Ruslan fly mobile hospital
AIR charter broker Air Partner and Ruslan International have successfully transported a portable health centre from Turkey to Tangiers, writes Thelma Etim, deputy editor.The 44-tonne clinic comprising 10 individual units – including a radiology room, operating theatre, intensive care unit, pharmacy and twin generators – was flown on an AN-124 ...
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Etihad will bring Alitalia back to profitability by 2017
JAMES HOGAN, president and chief executive of Etihad Airways, has announced that the carrier has spent €560m to acquire its 49 per cent equity stake in Alitalia, writes Thelma Etim, deputy editor.Under the deal, which will result in €1,758m of investment and includes restructuring the Italian carrier’s debt, the Middle ...
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UK aviation strategy in the spotlight
UK logistics professionals have called on the government to focus on long-term aviation strategy.The Chartered Institute of Logistics and Transport (CILT) has produced its own report, The Future of Aviation, which outlines long-term strategic prospects for the growth of UK air transport.This publication is one of a series of strategy ...
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One Question
Steve Gunning, chief executive of IAG Cargo, answers: "THIS big influx of cargo capacity is creating an excess supply and the only relief valve that the air cargo industry has is freighter capacity, because that is the only one it is fully in control of.“As a result you will see ...
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Etihad Cargo beefs up Russia freighter services
ETIHAD CARGO, the freight arm of UAE flag carrier Etihad Airways, is launching twice-weekly, rotating freighter services linking Abu Dhabi and Moscow’s Domodedovo airport from tomorrow, writes Thelma Etim, deputy editor.The route will operate every Wednesday and Friday using an A330-200F, with a capacity of 64 tonnes.“Russia is a key ...
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Virgin appoints Globe Air Cargo in Dubai
Virgin Atlantic Cargo has appointed Globe Air Cargo as its general sales and service agent in Dubai.The move is intended to simplify Virgin Atlantic Cargo’s freight and courier express sales for customers in the UAE and “take advantage of the Dubai market’s strong growth forecast”.The airline carries around 5,000 tonnes ...
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IAG Cargo releases 2014 "strong results"
A change in freighter capacity saw IAG Cargo record a 7.5 per cent fall in commercial revenue to €992m for full year 2014, but a like for like rise of 2.4 per cent.The decrease in flown revenue plus fuel surcharges reflects IAG Cargo’s decision in May last year to switch ...
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IAG's Chennai pharma boost
IAG Cargo’s pharmaceutical traffic is set to gain from the introduction of B787 passenger aircraft between London-Heathrow and the Indian city of Chennai.The new aircraft, which will operate daily each way, replaces the B777-200 currently serving the route from October.The B787 has advanced temperature control capability, which includes air conditioning ...
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Russia mulls new air cargo security rules
Russian news agency reports suggest that Moscow is considering new air cargo security legislation aimed at European Union member states.ITAR TASS quoted a document posted on Russia’s Air Transport Agency website as saying: “We plan to develop and adopt a regulatory legal act similar to EU Regulations 185/2010 regarding cargo ...
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Emirates to add Basel freighter service
EMIRATES SkyCargo is strengthening trade lanes between Switzerland and its worldwide network by launching a weekly B777 freighter service between Basel and Dubai from September, writes Thelma Etim, deputy editor.The new freighter route will supplement the existing belly-hold cargo capacity in the Swiss market provided on the carrier’s double-daily passenger ...