Freighter operators – Page 186
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News
Cargojet welcomes retention of 25% cap on foreign ownership
Canada-based freighter operator Cargojet has welcomed Transport Canada's review of the foreign ownership rules for Canadian airlines which remain unchanged for the airfreight sector.Ajay Virmani, president and chief executive of the airline, said: "Cargojet welcomes the decision by the Minister of Transport, Marc Garneau, to maintain current foreign ownership levels ...
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China Air Cargo finally looks set to get the go-ahead for launch
The Civil Aviation Administration of China (CAAC) looks set to approve a transport license for the start-up of China Air Cargo.The CAAC said China Air Cargo, which placed an order for two B757-200 conversions earlier this year, would use Guangzhou Baiyun International Airport as its base of operations for domestic ...
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NewsCargojet sees revenues climb on Air Canada tie-up
Cargojet saw revenues continue to climb in the third quarter of the year in line with the launch of new services between South America and the US but it recorded a net loss largely as a result of impairment and finance costs.The aircraft lessor reported a 7.2% year on year ...
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Leaping at Oslo: ABC the latest to launch services targeting salmon demand
AirBridgeCargo Airlines (ABC) is the second airline within the last few weeks to launch a freighter services from Oslo that aims to capitalise on the seafood market.The scheduled all-cargo airline will offer two services a week between the Norwegian city and Moscow Sheremetyevo utilising a Boeing 747 freighter, which can ...
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Recent improvements in air cargo demand is on most trade lanes, says Atlas
Improving air cargo demand over the peak season is “across most markets” and is also helping boost yields, according to Atlas Air Worldwide Holdings (AAWH).Shortly after announcing third-quarter results, AAWH president and chief executive William Flynn said that the company had noticed a “very strong peak season” across its customer ...
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ATSG Q3 revenues up but profits slide
ATSG saw profitability decrease in the third quarter of the year despite a boost in revenues as its Amazon deal affected the business.In the third quarter of the year, the Wilmington-based aircraft lessor saw net earnings from continued operations decrease to $2.1m from $6.3m a year earlier.The company said that ...
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SIA Cargo operating loss widens in the financial year's first half
Singapore’s SIA Cargo saw its operating loss widened by S$33m from S$12m to S$45m in the first half of the Asian carrier’s 2016-17 financial year.Freight carriage grew 7.3%, outpacing the capacity increase of 5.7%, resulting in an increase in cargo load factor by 0.9 percentage point to 61.6% for the ...
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Japan and China's taste for wine fuels seasonal Cargolux flights
Cargolux has arranged four freighter flights for one of the French wine industries biggest annual events - the yearly Beaujolais Nouveau launch - as demand for the product grows in Japan and China.As this year’s vintage is made available for tasting worldwide on the third Tuesday in November, Cargolux Airlines ...
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Air Canada adds Frankfurt to expanding freighter operation
Air Canada Cargo is continuing to expand its recently re-launched freighter operations with the introduction of Frankfurt to its network of all-freighter routes, with service between Frankfurt and Toronto commencing November 19. The weekly 767-300 freighter flights, operated by Cargojet through a wet lease agreement with Air Canada, are in ...
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Cargolux launches strategic review
Cargolux’s new president and chief executive has commissioned a strategic review of the European all-cargo airline, to establish whether the current business model is sustainable and also to position the carrier for the twist and turns of a volatile industry.Richard Forson, who took on the role in August this year ...
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Air Cargo Forum: Boeing lowers air cargo growth forecast but remains positive
Boeing has lowered its forecast for global air cargo demand over the next 20 years but it still expects roughly the same number of freighter aircraft to be required.Speaking at a press conference at the Tiaca Air Cargo Forum in Paris, Boeing Commercial Airplanes vice president of marketing Randy Tinseth ...
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A Northern route from Miami to the Caribbean
US freighter airline Northern Air Cargo (NAC) is to launch four weekly charter cargo flights from Miami International to the Caribbean on November 1.They include twice-weekly roundtrip flights on a triangular route between Miami, San Juan and Saint Martin; a weekly flight between Miami and Santo Domingo; and a weekly ...
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Boeing, UPS announce order for 14 B747-8 freighters
Boeing and UPS today announced an order for 14 747-8 freighters. The agreement also includes an option to purchase an additional 14 of the cargo airplanes.“These aircraft are a strategic investment for increased capacity for UPS customers around the globe,” said Brendan Canavan, president, UPS Airlines. “The 747-8 will allow ...
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Pilot unions call for ATSG-owned airlines to be defined as a single system
US pilot unions have asked the National Mediation Board (NMB) to investigate and determine if two subsidiaries of freighter lessor Air Transport Services Group (ATSG) should be considered “a single transportation system”.The International Brotherhood of Teamsters and the Airline Division have made a formal request to the NMB concerning ABX ...
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Cargolux adds Oslo call
Cargolux has added a weekly Boeing 747-8 freighter service from Oslo to Luxembourg on its flight C85022 from New York.The first flight will carry a load of salmon that is distributed to various destinations from the airline’s hub in Luxembourg.The Oslo service caters to the airfreight needs of Norwegian shippers ...
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ABX Air seeks injunction against pilot unions
US freighter lessor Air Transport Services Group (ATSG) has initiated legal action against two pilot unions who want the company’s subsidiary cargo airlines, ABX Air (ABX) and Air Transport International (ATI), to be defined as a single system.ATSG has also warned its customers that unfavourable court rulings or a "job ...
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West Atlantic lands Royal Mail contract
Sweden's West Atlantic cargo airline has won a contract from Royal Mail Group to add additional aircraft to the UK postal operator's domestic air network in 2017.The contract, subject to a public procurement process, commences in January 2017 and will run for five years, consisting of nine Boeing 737s and ...
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Heathrow adds second freighter operation as ABC launches Moscow service
AirBridgeCargo Airlines (ABC) has added a new freighter service connecting Heathrow Airport with Moscow's Sheremetyevo using one of its Boeing 747 freighters.The service will fly every Thursday and Saturday and will offer a capacity of more than 100 tonnes of cargo per flight. It will utilise slots not popular with ...
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ATSG and pilot unions step up the war of words over "single system" dispute
US freighter lessor Air Transport Services Group (ATSG) and its pilot unions have exchanged further words in a growing legal dispute.ATSG has initiated court action in the US against two unions who want the company’s subsidiary cargo airlines, ABX Air (ABX) and Air Transport International (ATI), to be defined as ...
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SF Airlines takes delivery of latest B737 conversion from Pemco
Pemco World Air Services has redelivered another B737-300 passenger-to-freighter converted aircraft to fast growing China-based express operator SF Airlines.The latest redelivery marks the seventeenth B737-300/400 Pemco-converted aircraft to SF Airlines, which is owned by delivery firm SF Express.The aircraft modification was performed by partner STAECO in Jinan Shandong, who is ...