Freighter operators – Page 58
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News
Cargojet announces strong third-quarter results
Canadian cargo airline Cargojet has announced strong third quarter 2022 results.For the three months ending September 30, the airline recorded total revenues of C$232.7m (US$170.6m), significantly up on the figure of C$189.5m (US$138.9m) made in the same quarter of last year.The revenue growth of 22.8% reflected, Cargojet said, a strong ...
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News
Vietnam’s IPP Air Cargo axes launch plans
Vietnam’s IPP Air Cargo is abandoning its launch plans, apparently due to concerns about weakening demand for air cargo and an uncertain economic outlook.According to media reports from Vietnam, the board of Imex Pan Pacific Group (IPP) – IPP Air Cargo’s parent – decided on October 26 that it would ...
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News
Cargo offers ‘consistent’ contribution to Air Canada
In releasing Air Canada’s third-quarter results, the carrier’s president and chief executive, Michael Roussea, pointed to the fact that “Air Canada Cargo is consistently contributing to our results.”In the third quarter of this year, Air Canada generated C$644m ($472m) in operating income, with a strong operating margin of 12.1%.It was ...
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News
China's freighter fleet to quadruple
China’s freighter fleet is expected to quadruple in size to more than 800 aircraft in the period up to 2041, according to Boeing's 2022 Commercial Market Outlook (CMO) for China.The CMO for China predicts that the country’s growing economy will be a big factor in its commercial aircraft fleet more ...
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SalamAir launches freighter operations
Oman-based low-cost carrier SalamAir has launched a dedicated air cargo service and inducted its first freighter aircraft.In a LinkedIn post, the airline said it is the first airline in the Middle East to fly with the Airbus A321 passenger to freighter (P2F) conversion aircraft."The introduction of the A321 freighter by ...
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NewsMaersk Air Cargo begins operations with US-Korea service
Maersk Air Cargo has carried out its first flight from the US to South Korea. Photo MaerskMaersk Air Cargo launched operations at the end of October with scheduled flights between the US's Greenville-Spartanburg Airport in South Carolina and Incheon Airport in South Korea.The scheduled transpacific operation commenced on October 31 ...
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News
Lufthansa Cargo enjoys record third quarter results
Lufthansa Group said Lufthansa Cargo recorded record results in the third quarter of this year as it issued a more positive outlook for the remainder of the year than it had previously predicted.The Frankfurt-based Group made an operating profit of €1.1bn in the third quarter of this year, based largely ...
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NewsLATAM and DSV to expand Huntsville freighter operation
Source: LATAM CargoLATAM Cargo and DSV will increase the frequency of their freighter partnership operating out of Huntsville as they look to capitalise on demand to South America.The partners started the service five months ago with a once-a-week flight on Mondays between the US airport and Viracopos in Brazil utilising ...
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NewsMy Freighter adds B747F and plans for more
Source: My FreighterUzbekistan logistics firm My Freighter has taken delivery of its first Boeing B747-200F freighter and has plans to add five more as it looks to capitalise on Tashkent as an airfreight hub.The aircraft was delivered on October 23 to Islam Karimov Tashkent International Airport after departing from Jakarta, ...
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NewsAmazon Air partners with Hawaiian and Altavair to add A330 freighters
Source: AirbusAmazon Air will expand its fleet with the addition of 10 A330-300 converted freighters from lessor Altavair.The aircraft will be operated for Amazon by Hawaiian Airlines and will be converted by Germany-headquartered Elbe Flugzeugwerke (EFW), a joint venture between Singapore-based ST Engineering and France-headquartered Airbus.The first of the A330-300P2F ...
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News
Global Crossing Airlines moves closer to Colombia cargo charter airline
Global Crossing Airlines Group (GlobalX) is moving closer to establishing a Colombia-based ACMI cargo charter airline.GlobalX has confirmed the start of Phase 2 of the Colombia AOC (Air Operators Certificate) certification process by its subsidiary GlobalX-Colombia.Initial approval from the Colombian Civil Aviation Authority (CAA) to start the formal certification was ...
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News
Soft market conditions continue in air cargo
Soft market conditions continue in air cargo as trade worries, high inflation and new Covid lockdowns impact demand.This week's market round-ups from forwarders and analysts point to a weakening market in terms of demand, although rate declines have eased.Flexport mentioned lockdowns being introduced in Ningbo and their potential to hit ...
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News
Maersk highlights ongoing need for air cargo despite ocean recovery
Shipping and logistics giant Maersk has said air cargo will be needed as a reliable alternative to oceanfreight during the peak season.In a market round-up, the Copenhagen-headquartered company said that although the oceanfreight market had improved in recent weeks there were still challenges ahead."Although the situation is improving across the ...
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NewsAirbus BelugaST delivers satellite to Kennedy Space Center
BelugaST delivers the Airbus-built Hotbird 13G satellite. Copyright: Airbus SAS 2022 photo by Herve Gousse - Master FilmsAirbus has utilised one of its BelugaST aircraft to deliver the Airbus-built Hotbird 13G satellite for Eutelsat to the Kennedy Space Center at Cape Canaveral in Florida.This milestone marks the ...
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News
Cathay Pacific remains positive on cargo despite latest decline
Cathay Pacific remains positive about the upcoming cargo peak season despite registering another downturn in volumes in September and a reduction in cargo-only flights.The Hong Kong-hubbed airline reported a 20.6% year-on-year decline in cargo carried to 104,055 tonnes during September while the cargo load factor stood at 66.4% - a ...
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NewsAlaska Air Cargo pulls off sky high beer hop
Fresh hops transported by Alaska Air Cargo. Photo: Alaska Air CargoAlaska Air Cargo said it has delivered the industry's first and biggest fresh hops run to breweries in Maui and Anchorage within 24 hours of harvest.The airline delivered more than 1,200 pounds of fresh hops - made from fresh-plucked, undried ...
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NewsBlueBird Nordic adds to its flock with another freighter
Source: Bluebird NordicIcelandic cargo airline Bluebird Nordic has taken delivery of its fourth B737-800 Boeing Converted Freighter (BCF) as it continues its fleet expansion plans.Bluebird Nordic said that its fleet expansion was in response to "growing air cargo transportation demand that has skyrocketed over the past couple of years".The airline's ...
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NewsAvianca Cargo becomes first Americas airline to gain CEIV Fresh
Ralph Cutié, Miami Dade Airport, Laura Pullins, Presidente CNS (IATA), Gabriel Oliva, Avianca Cargo, Peter Cerdá, IATA. Source: AviancaAvianca Cargo has become the first airline in the Americas to achieve the IATA CEIV Fresh certification for the transport of perishable goods.To achieve the certification, the airline had to prove ...
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NewsAviaAM signs up for B777-300 conversions from Mammoth
Source: AviaAMLeasing firm AviaAM Leasing (AviaAM) has been revealed as the launch customer for Mammoth Freighters' B777-300ERMF freighter conversion programme after signing up for six of the aircraft.Including this order, Mammoth now has firm orders for 23 777 freighter conversions distributed across multiple customers, and another 17 777-300ER freighter conversions ...
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NewsAerCap signs for up to 30 Airbus A321 P2Fs with EFW
Source: EFWAviation leasing company AerCap Holdings has placed firm orders for 15 Airbus A321 Passenger-to-Freighter (P2F) conversions with Airbus conversion house EFW, and has options for a further 15 aircraft.The aircraft feedstock for the conversions will come from the A321 passenger portfolio of AerCap, the world’s largest owner of the ...