Freighter operators – Page 198
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Quikjet confirms launch of Indian operations as it looks to capitalise on e-commerce and lack of freighters
Quikjet Airlines is the latest company to announce plans to capitalise on India’s fast-growing and underserved air cargo market as it confirms that it launched freighter services yesterday.The Bengaluru-based Indian airline, which is 72.6% owned by the fast-growing ASL Aviation Group, launched operations using a B737-400SF connecting Delhi, Chennai, Bengaluru ...
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MD-11 freighter impounded at Harare after a dead body is found
A Western Global Airlines MD-11 freighter has been detained at Harare Airport by the Zimbabwean authorities after a dead body and a large amount of South African currency were found on board.The aircraft, believed to have been on a flight from Germany to South Africa, had made a refueling stop ...
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WGA statement on detained MD-11 freighter
Western Global Airlines (WGA) has issued a statement after one of the US-based lessor’s MD-11 freighters was detained at Harare airport in Zimbabwe, Africa, when the body of a stowaway was found onboard.WGA said that the freighter is leased to Network Airline Management, a logistics provider, which was engaged “to ...
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ABC gets new European partner through ACMI deal with CargoLogicAir
CargoLogicAir’s first scheduled service has in fact been revealed as an ACMI tie-up with partner airline AirBridgeCargo (ABC).From February 14, CargoLogicAir’s B747-400 freighter began flying to Africa twice per week on behalf of ABC.The routing will start ex-London Stansted via Frankfurt to Libreville and onto Johannesburg, returning to Stansted via ...
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Cargolux expands Brazil network with Rio de Janeiro
A pre-Olympics airfreight boom to games' host Brazil will see European carrier Cargolux return to Rio de Janeiro with a B747 full freighter service starting in March.The flight continues to Viracopos before returning to Europe.Luxembourg-based Cargolux said: "The return to Rio was driven by growing demand for pre-Olympic Games freight ...
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Flower power makes scents for LAN Cargo
LATAM Airlines Group’s cargo unit transported more than 160m bouquets of flowers during the three weeks leading up to this weekend's St Valentine’s Day, the peak time for flower exports around the world.Approximately 100 cargo aircraft operated by LATAM Airlines Group’s cargo unit took off from Colombia and Ecuador between ...
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Record start to the year for AirBridgeCargo
AirBridgeCargo Airlines (ABC) had a record breaking start to 2016 but has warned of a challenging year ahead.The Russian airline recorded a 30% year-on-year increase in demand in January to a new high for the month of 43,605 tons after it added new freighters and expanded its network last year.Newly-launched ...
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Volga-Dnepr looks to expand in aerospace, humanitarian and oil & gas
Volga-Dnepr Airlines has announced the appointment of three global directors to push its expansion in the aerospace, humanitarian, and oil & gas sectors.Axel Kaldschmidt has been appointed global director, aerospace Industry.Aerospace customers account for 30% of Volga-Dnepr’s annual business and since its launch, the airline has operated over 5,250 flights ...
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CargoLogicAir's launch customer named as Chapman Freeborn
CargoLogicAir (CLA) has revealed that the charter flights it carried out earlier this year were arranged by Chapman Freeborn Italia on behalf of freight forwarder Savino del Bene.CLA’s first charter flights flew from Stansted to Bari via Frankfurt and carried a total of 113 tons of automotive parts, including engine ...
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Profits up at lessor Air Castle as it continues to reduce freighter fleet
Aircraft lessor Air Castle, which hit the headlines with the lease of an aircraft to CargoLogicAir last year, saw a double-digit increase in profits in 2015 despite revenues remaining flat.AirCastle, which includes 11 freighters in its fleet of 162 aircraft, saw net income for 2015 increase by 20.7% year on ...
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Chinese express airlines looking to continue e-commerce fuelled expansion
Fast expanding Chinese express carriers YTO Express Airlines and SF Airlines have applied to add extra routes from the country’s capital as they look to capitalise on the growing domestic e-commerce market.Recently launched YTO has applied to the Civil Aviation Administration of China to operate a cargo service between its ...
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Freighter lessor ATSG upbeat on 2015 results
US-based freighter lessor Air Transport Services Group (ATSG) said that its financial results for 2015 are “likely to exceed management’s earlier guidance” due primarily to better-than-expected results from its airline operations in the fourth quarter.ATSG now projects that its earnings before interest, taxes, depreciation and amortization (EBITDA) will likely be ...
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ASL swoops on TNT fleet
ASL Aviation has agreed to purchase TNT Airways and Pan Air Líneas Aéreas, which the express firm has agreed to sell as part of its takeover by FedEx, for an undisclosed sum.The deal will see Dublin-headquartered ASL, which was the expected destination of the fleet, take over the flights operated ...
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CargoLogicAir reveals fleet plans
New UK-based all-cargo airline CargoLogicAir (CLA) has revealed it hopes to operate a fleet of five Boeing 747 freighters in 2018.The much speculated-upon airline today confirmed it had been awarded an Air Operator Certificate (AOC) by the UK Civil Aviation Authority.CLA has taken delivery of its first Boeing 747-400 freighter ...
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SIA Cargo Q3 profits down despite demand jump
Singapore Airlines Cargo saw operating profits decline in its fiscal third quarter despite an increase in demand.SIA Cargo recorded an operating profit of S$2m during the October-December period compared with a S$17m profit during the same period in 2014.It said the decline was down to yields declining by 13.5% as ...
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Next steps for Cargolux China
European all-cargo carrier Cargolux has moved on to the next stage of launching Cargolux China, a Zhengzhou-based freighter airline which looks set for take-off by the first quarter of 2017.The Luxembourg-based carrier’s president and chief executive, Dirk Reich, said that the next few weeks will involve garnering approval from the ...
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Qatar Marches on with freighter routes to Budapest, Prague and Ho Chi Minh
Qatar Airways Cargo will launch A330F freighter routes to Budapest, Prague and Ho Chi Minh in March, filling a “definite gap in the market” and increasing the Middle East airline’s freighter destinations in Europe to 14 and in Asia/Pacific to six.An Airbus freighter will fly twice a week from Qatar ...
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From lamb cargo to LAN Cargo, 2,000 Magellan sheep flown to Ecuador
LAN Cargo has begun transporting more than 2,000 sheep from the Magallanes region, destined for the sheep-farming and wool-weaving indigenous communities that inhabit Ecuador’s central mountains.Following an agreement between the governments of Chile and Ecuador, the Marin Magellan Meat Merino specimens — 1,500 females and 507 males — will be ...
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Atlas Air to acquire Southern Air in $110m takeover
Atlas Air Worldwide Holdings has entered into a definitive agreement to acquire privately held Southern Air Holdings, a US provider of intercontinental and domestic air cargo services.The deal is "an immediately accretive, all-cash, debt-free transaction" valued at approximately $110m, said Atlas.The transaction is subject to customary closing conditions and approval ...
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NewsBoeing cuts 747-8 production on weak cargo market
Boeing has announced it will cut the production rate of its 747-8 aircraft as a result of weak supply and demand fundamentals in the cargo industry.The Seattle-headquartered manufacturer announced that from September it would cut production of the aircraft from one per month to one every two months to match ...