Freighter operators – Page 29
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News
Icelandair Group expects to turn round loss-making cargo division this year
Icelandair Group is expecting its cargo operation to return an operating profit over the course of this year, after recent poor results.The company says it has a “clear plan” to turn around the cargo division, which generated full-year revenues of $88.3m – a fall from the previous year’s $90.8m.“Profitability in ...
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NewsHong Kong Air Cargo launches e-commerce route to London
Photo: Hong Kong Air CargoCargo airline Hong Kong Air Cargo has launched a new intercontinental e-commerce route from Hong Kong International Airport to London Stansted Airport.The first flight, RH364, took place on February 4. An Airbus A330-200 freighter aircraft will be used on the route, said Hong Kong Air Cargo ...
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News
Drusch takes on cargo at Qatar Airways
Confident, but personable are the two words that spring to mind on e-meeting Mark Drusch, the new chief cargo officer at Qatar Airways, 16 working days into the role.Drusch takes on the role of chief cargo officer at Qatar Airways more than four months after his predecessor Guillaume Halleux stepped ...
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News
WestJet Cargo selects GSA Awesome Cargo for US flights
WestJet Cargo has appointed Awesome Cargo as its US sales agent for capacity out of the US.The Aerocharter GSA-owned firm will market cargo capacity on the airline’s passenger and freighter flights operating from the US to Canada and Mexico.The two companies have been working together on the airline's services out ...
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News
ATI pilots request arbitration over contract negotiations
The potential for strike action at Air Transport International (ATI) edged closer this week when pilots requested the US National Mediation Board (NMB) declare an impasse and move to arbitration.Pilot union the Air Line Pilots Association, Int’l (ALPA) said that the move was a first step in pursuing a legal ...
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Airbus Beluga Transport gains approval for US flights
Airbus Beluga Transport (AIBT) has been granted permission to conduct flights between Europe and the US.The carrier gained its AOC in November last year and has already conducted flights in the European Union (EU) using its fleet of BelugaST freighters.It applied for a Foreign Air Carrier permit from the US ...
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News
UPS to cut 12,000 jobs as market downturn bites
UPS has announced it will cut more than 12,000 jobs as part of efforts to reduce costs in light of continuing market weakness.The express giant's chief executive Carol Tomé said the job cuts would save the company $1bn per year. UPS is also considering selling its Coyote truck brokerage business.Most ...
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NewsUPS still struggles with revenues in Q4
UPS revenues in the fourth quarter dropped nearly 8% year on year as volumes fell in both the domestic and international segments.The express giant announced consolidated revenues of $24.9bn in the fourth quarter of last year, a 7.8% decrease from the fourth quarter of 2022.Meanwhile, consolidated operating profit was $2.5bn, ...
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News
Two-month delay to ANA's Nippon Cargo takeover
All Nippon Airways (ANA) has again delayed its takeover of freighter carrier Nippon Cargo Airlines (NCA) as regulators continue to examine the deal.ANA had been hoping to complete the transfer of shares on February 1 but this has now been pushed back until April 1.The Tokyo-headquartered carrier explained that the ...
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News
My Freighter adds 767 freighter
Tashkent, Uzbekistan-located My Freighter has taken delivery of a Boeing 767-300 converted freighter.The airline said in a Linkedin post today: "We are delighted to announce a significant milestone for My Freighter! Our Airline proudly welcomes one more Boeing 767F, to our fleet."This remarkable aircraft, with Uzbek registration UK67015, completed a ...
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News
Atlas Air Worldwide appoints new chief information officer
Atlas Air Worldwide Holdings has appointed Joel Goldberg as senior vice president and chief information officer.Goldberg will report to the firm's chief executive Michael Steen and will also serve as a member of the company’s executive leadership team.He has nearly three decades of experience "leading digital transformation initiatives at global ...
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News
Hongyuan partners with Strike on pharma, perishables and animals from Brussels
The Hongyuan Group has selected Strike Aviation to provide GSSA services for its perishable, pharma and animal shipments on flights out of Brussels.The airline group operates under KF flight numbers from Brussels directly into Chengdu Shuangliu International Airport, with maindeck and lower deck connections into major domestic destinations such as ...
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NewsDHL Express and Singapore Airlines add fifth freighter
Source: Ian Dewar Photography/shutterstockDHL Express and Singapore Airlines (SIA) have deployed the fifth and final freighter as part of a tie-up signed in 2022.The Boeing 777 freighter, which offers a payload capacity of 102 tons, will be based in Singapore and be used to expand capacity between Asia and the ...
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NewsSalmon airline FarCargo receives first cargo aircraft
FarCargo 757-200. Photo: BakkafrostFaroe Islands-based fish farmer Bakkafrost subsidiary FarCargo has taken delivery of its first cargo aircraft as it prepares to start operations transporting salmon.The new airline, which closed a deal to purchase the Boeing 757-200 last August, received the aircraft at the end of December.FarCargo said: "The aircraft ...
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NewsSilk Way West Airlines expands ULD agreement with ACL Airshop
Photo: Silk Way WestSilk Way West Airlines and ACL Airshop have extended their ULD partnership, which focuses on embracing technology and environmentally sustainable practices.This renewal between the ULD provider and the Baku-based cargo airline encompasses a multi-year ULD agreement.By extending the collaboration, Silk Way West Airlines aims to continue to ...
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News
Cargolux signs up for e-SAF to power freighters
Cargolux and Norwegian Air Shuttle have signed up for a future supply of e-sustainable aviation fuel (E-SAF) from Norsk e-Fuel.Norsk e-Fuel is starting the industrialisation of e-Fuel production in Mosjøen, Norway and will start to provide e-Fuels to the aviation industry after 2026.The total volume of the offtake agreements signed ...
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News
Another ex Polar executive pleads guilty to fraud
A former senior operations executive at Polar Air Cargo Worldwide has pleaded guilty to defrauding the US cargo airline.Carlton Llewellyn pleaded guilty to one count of conspiring to commit wire fraud in connection with a major scheme to defraud Polar Air Cargo, confirmed a press release by the US Attorney's ...
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Lukewarm market sees Cargojet ditch all 777 freighter plans
Canadian cargo airline and lessor Cargojet has decided to ditch all plans to convert Boeing 777s into freighters in a bid to safeguard its business against continuing soft air cargo demand.The freighter operator has decided it will no longer convert four Boeing 777-200s into freighters, leaving it with no current ...
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News
EFW confirms the safety of A321F P2Fs
Conversion firm EFW has confirmed the safety of its A321 freighter conversions after Lufthansa Cargo found fine cracks in the floor structure of two of its freighters.The Dresden-based conversion company said that it had analysed the aircraft data and concluded that the damage would not lead to unsafe conditions for ...
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News
Airfreight rates expected to slide this year on 2023 levels
Airfreight rates are expected to continue to decline this year compared with 2023 levels as belly capacity continues to return to the market.Writing in his monthly Baltic Exchange column, Bruce Chan, director and senior research analyst covering global logistics and future mobility, at investment bank Stifel, said that international passenger ...