All Freighter Operator Articles – Page 49
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NewsLATAM Cargo targets Ecuador flower market with new US flights
Source: LATAM CargoLATAM Cargo has added a new service between North and South America to target blooming flower volumes in the region.The new freighter service will operate between Ecuador, Brazil and the US, calling: Quito, Los Angeles, Houston, Manaus and Viracopos.The service will initially operate twice weekly, but will increase ...
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News
Mountain Air Cargo launches first ATR 72-600 freighter
US-based express cargo carrier Mountain Air Cargo has launched its first ATR 72-600 freighter.The ATR 72-600F made its debut on March 6, flying from New Bern, North Carolina to Raleigh, North Carolina.Mountain Air Cargo said: “We are excited to provide containerised service that comes with the versatility of the new ...
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NewsQatar Airways marks International Women's Day with all-female freighter crew
Source: Qatar Airways CargoA Qatar Airways freighter operated from Doha to Shanghai has been managed entirely by female crew and female ground staff to mark International Women's Day.The carrier said that flight QR8960 was its first ever to be operated by an all-female crew - from the "ground staff overseeing ...
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News
Cathay Cargo sees revenues weaken in 2022
Cathay Pacific saw its cargo revenues decline by double-digit percentage levels last year as Covid restrictions affected operations.The airline reported a 16.6% fall in cargo revenues to HK$26.9bn in 2022 while cargo revenue tonne kms (CRTK) fell 29.8% year on year to 5.7bn and capacity was down 19% to 8.2bn ...
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NewsAmazon not yet scaling back flights in face of economic challenges
Amazon Air’s flights have increased in the last six months despite economic challenges impacting e-commerce demand and announcements that it will scale back some third-party operations.The carrier’s flight activity grew by 5.8% between August 2022 and March, found a new study by Chaddick Institute of Metropolitan Development at DePaul University ...
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News
IATA: January demand remains muted as economic constraints continue
Economic constraints have continued to take their toll on industry demand as January became the 11th month in a row that air cargo volumes declined, according to IATA.Global demand, measured in cargo tonne-kilometers (CTKs), fell 14.9% year on year, said the industry body.Meanwhile, fuelled by a resurgence in belly capacity, ...
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News
ANA to take over Nippon Cargo Airlines
NYK has entered into an agreement to transfer all shares in B747 freighter operator Nippon Cargo Airlines (NCA) to All Nippon Airways Holdings (ANA).The shipping group said that it had made the decision due to the ongoing cost of running the cargo airline."The continuous introduction of new aircraft to expand ...
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News
Cargojet reduces B777 conversion plans on weaker outlook
Cargojet is cutting the number of B777 freighter aircraft it plans to convert into freighters due to the weakening economic outlook.In announcing its full-year results, the Canadian freighter operator said that for now, it would now only pursue four of eight previously announced B777 freighter conversions as it curtails capital ...
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Insights
Putzger perspective: Air cargo navigates stormy skies
Recent months have been relentlessly tough to navigate for air cargo carriers, as imploding demand has yanked rates and yields out of the stratosphere to levels last seen before the pandemic.The reverberations are taking a toll on capacity expansion, as operators are having second thoughts on their anticipated need for ...
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InsightsAsia-Europe air cargo market still in recovery
The Asia-Europe trade lane has been buffeted by weakening demand and the outbreak of war in Ukraine over the last 12 months but there are some opportunities to be found.Air cargo capacity on the Asia-Europe route increased marginally (+3%) from the fourth quarter of 2021 to fourth quarter of 2022, ...
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News
Lufthansa Cargo not expecting overcapacity on Asia-Europe
Lufthansa Cargo is not expecting cargo capacity to flood the Asia-Europe trade over the coming year due to the extra distance airlines will need to travel to avoid Russian airspace and as older tonnage leaves the market.Speaking on the day the cargo business announced record operating profits for the third ...
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NewsLufthansa Cargo reports third year of record operating profits
Lufthansa Cargo reported record revenues and operating profits last year despite volumes being flat on 2021 levels.Lufthansa's logistics division, which includes Lufthansa Cargo, Jettainer, time:matters, HeyWorld and a 50% stake in AeroLogic, last year saw revenues increase by 22% year on year to €4.6bn while earnings before interest and tax ...
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News
Raindo United Services plans Asia freighter services
Indonesia-based Raindo United Services plans to launch domestic and international freighter services in July this year, using two leased B737-800 Boeing Converted Freighters (BCF) each with a capacity of 23 tons.The digital start-up cargo airline will serve Jakarta, Medan, Balikpapan, Medan, Makassar and Surabaya on its domestic network and international ...
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NewsAir cargo continues aid efforts for Turkey-Syria earthquake
A 7.8 magnitude earthquake struck close to the Turkish city of Gaziantep on the Syrian border on February 6, causing extensive casualties and deaths as well as damage to buildings and infrastructure.The air cargo industry quickly swung into action to transport aid destined for the devastated region and efforts are ...
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NewsFedEx Express expands in Germany
Photo: FedExFedEx Express has expanded its Stuttgart Air Gateway air cargo facility and commissioned a new sorter at the site.The new setup improves handling speed and capacity, helping to meet export and import demand from customers in the region.In addition to more than tripling sorting capacity, the facility offers an ...
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News
Qantas plans to add more freighters
Qantas Group plans to add "three additional" Airbus A321 passenger to freighter (P2F) aircraft to help Qantas Freight meet air cargo demand.Speaking about these freighters and other planned passenger aircraft, the Group said the aircraft will help "maintain required capacity despite manufacturer delays to new aircraft" and "burn up to ...
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News
IAG Cargo adds Heathrow to Amsterdam freighter capacity
IAG Cargo increased its widebody cargo capacity from London Heathrow to Amsterdam from once to twice a week from February 15."The additional day three service will be operated by A330F aircraft with the capacity to transport more than 60 tonnes of cargo," said IAG Cargo in a LinkedIn post.It added: ...
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News
ATSG reports record revenues but predicts block hour decline in 2023
Freighter aircraft lessor ATSG reported record revenues in 2022 but is expecting its block hours to decline this year.The Wilmington, Ohio headquartered firm last year saw its revenues increase 18% year on year to $2bn, adjusted earnings before interest, tax, depreciation and amortisation (ebitda) increased 18% to $641m but net ...
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NewsEthiopian adds new China-Europe freighter service
Source: Ethiopian CargoEthiopian Airlines has added a freighter service between China and Belgium as it looks to capitalise on growing e-commerce demand.The new service will initially operate twice a week flying between Shenzhen and Liege utilising B777F aircraft.The carrier said that the service was its first scheduled cargo service from ...
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News
Silk Way West looks to the Middle East and Central Asia with freighter flights
Baku-based freighter operator Silk Way West Airlines has expanded its scheduled network in the Middle East and Central Asia as it looks to capitalise on rising demand.The expansion sees the carrier operating two scheduled freighter flights a week between Baku Heydar Aliyev International Airport and Dammam King Fahd International Airport ...