Insights – Page 11
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Insights
Putzger perspective: Cargo capacity alignments
In mid-April Air France-KLM inked an order for four A350 freighters, with options on another four. Both airlines that make up the tandem have a long and proud history in cargo, but the years before the pandemic saw their freighter fleet shrink to two B777-200Fs.Airline planning horizons must extend beyond ...
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InsightsMore expansion on the cards for Mexican freighter operator mas
Airfreight fleet expansion is surging ahead down Mexico way, with independent cargo airline mas set to operate 18 leased freighters by 2024.The Mexico-based cargo carrier mas, once part of the Latam Group but now backed by the Mexico-based Discovery Americas investment fund, is well on the way to meeting its ...
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InsightsBournemouth ventures into cargo
24-hour capability, open slot availability and uncongested airspace are enabling Bournemouth Airport to style itself as a small but flexible alternative to London’s Heathrow and Gatwick airports.Born out of the pandemic, Bournemouth Airport’s cargo operations have been met with sustained demand, prompting it to carve out a long-term investment in ...
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InsightsNordic air cargo market weathers turbulence
Challenges created by ongoing reduced airfreight capacity and Ukraine war constraints have seen the Nordic air cargo market continue to invest and innovate to meet new challenges, writes Damian Brett.Times have been turbulent for the Nordic air cargo market over the last couple of years.Like much of the industry, companies ...
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InsightsAirfreight customers take hit from Ukraine rates rise
Airfreight customers will pay the price as the Russia-Ukraine war continues and impacts rates.Speaking exclusively to Air Cargo News, The Air Charter Association chief executive officer Glenn Hogben says airlines have been forced to change their Asia-Europe routes to avoid Russian and Ukraine airspace since the later country was invaded, ...
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Insights
Putzger perspective: Are yields too good for change?
Chief financial officers of cargo carriers could be excused for taking a sabbatical, safe in the knowledge that pricing will remain in the stratosphere for some time.The mix of low inventory levels, continuing volatility and the continuing congestion in maritime supply chains with tight capacity was spelling lofty rates already, ...
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InsightsLogistics UK: War in Ukraine poses airfreight challenges
Access to both Ukrainian and Russian airspace is now minimal to non-existent for many countries across the globe due to the ongoing war in Ukraine.As a result, many flights are diverting south, but with some airspaces in the Middle East restricted or closed, airlines are limited in their options.Diverted routes ...
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InsightsSpecial Report: Air cargo handling on the up
After a challenging couple of years, ground handlers are looking to the future with cargo set to play a central role, writes Mike Bryant.Barry Nassberg, group chief commercial officer at WFS, the world’s biggest cargo handler by volume handled, declares: “I would say the past two years for all stakeholders ...
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InsightsBelugas make a splash as they hit the air cargo market
Airbus Beluga Transport enters the commercial market at a time when outsize capacity is at its tightest, with demand surging and the availability of the global AN-124 fleet curtailed, writes David Kershaw, editor of Air Cargo News' sister title Heavy Lift and Project Forwarding International.Based on the A300-600 design, the ...
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Insights
Supply chain spotlight: Ukraine crisis adds to heavylift constraints
In his latest Air Cargo News column, Brandon Fried, executive director of the US Airforwarders Association, looks at how the Ukraine crisis will impact the air cargo industry.The Ukraine crisis continues to upend the lives of 44m citizens, bringing unspeakable horror as the rest of the free world looks on ...
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InsightsLufthansa Cargo flies high
Lufthansa Cargo’s fleet investments are paying off with robust revenues but efforts to create and maintain capacity continue.The German cargo airline saw 2021 revenues increase by 38% year on year to €3.8bn and earnings before interest and tax rise by 109% on a year earlier to reach almost €1.5bn, said ...
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InsightsU-Freight predicts “erratic pricing” ahead for airfreight
U-Freight America’s Rick Keller tells Roger Hailey that block space agreements are out and spot rates are resulting in instability for air cargo costs, but there are still opportunities for savvy forwarders.It has been a difficult two years for supply chain partnerships in the air cargo business. Bellyhold capacity plunged, ...
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InsightsPutzger perspective: Outlook bright and tight
Copyright: Jaromir Chalabala/ ShutterstockStrong air cargo growth is expected to continue in the first half of 2022, but with continued pressure on capacity, writes Ian Putzger.Despite, and partly because of, ongoing turbulence, air cargo keeps going strong. The industry flew through 2021 with an 18.7% increase in traffic over 2020 ...
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InsightsRobust demand and rates for Asia-Europe air cargo
Asia-Europe air cargo trade looks set to continue with high rates and demand in 2022, writes Roger Hailey.Turbulence is an understatement when describing the many variables facing air cargo’s Asia-Europe trade lane in 2022.A cocktail of ingredients looms ominously: possible Covid-19 variants shutting down factories as well as airlines and ...
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InsightsTech start-up drives digitalisation
CargoTech has been established to accelerate digitalisation in the air cargo industry, discovers Damian Brett.Earlier this year, GSSA ECS Group and flight optimisation technology company Wiremind announced a new project: The two companies – through ECS’ Cargo Digital Factory and Wiremind Cargo – would launch standalone company CargoTech.ECS Group chief ...
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InsightsSupply chain spotlight: Greener skies ahead
Photo: Scharfsinn/ ShutterstockThe Scottish Government is a leader in setting climate change targets, having committed to achieving net-zero greenhouse gas emissions by 2045.To determine how to meet its net-zero target while continuing to receive the social and economic benefits of air travel, the Scottish Government intends to produce an aviation ...
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InsightsHow regional freighters offer a load to recovery
Airbus and Boeing are betting on the continuing ascent of air cargo after going head to head in large twinjet freighters with their respective A350F and 777-8F launches.Meanwhile, prompted by a reviving global economy and lively e-commerce sector, orders for passenger-to-freighter (P2F) widebody and narrowbody conversions continue to soar, with ...
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Insights
2022 set to be the year of charter operations for freight forwarders
It seems that 2022 will once again be a year of cargo charter flights for freight forwarders.James Gagne, president and chief executive of Seko Logistics, outlined a challenging market for freight forwarders in 2022.He highlighted ongoing issues in ocean shipping, labour shortages due to Covid hitting port/airport operations, ongoing consumer ...
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Insights
Putzger perspective: The challenge of finding cargo capacity
As the industry battles with the latest wave of disruption from Covid-19 traditional thinking and practices are becoming redundant, if not outright liabilities, writes Ian Putzger.The Omicron virus may be less deadly than prior variants of the virus, but it is taking a heavy toll on businesses and their supply ...
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InsightsOutlook 2022: Another challenging year for air cargo
With 2022 off to a busy start, Air Cargo News caught up with a range of companies to find out what their expectations are for the coming 11 months. Damian Brett reports.Around September last year, the air cargo industry was tentatively hoping that the market could be setting out on ...