Latest news – Page 768
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News
An Irish welcome awaits at FIATA's World Congress 2016 in Dublin, October 3-8
Dublin will play host to more than 1,000 freight forwarders later this year when the global industry association, FIATA, holds its annual World Congress at the Convention Centre Dublin, October 3-8, 2016.In addition to the social programme, the congress coincides with FIATA’S 90th Birthday. Founded in 1926, FIATA now represents ...
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NewsCargojet sees revenues soar but losses deepen
Cargojet’s revenues saw double-digit growth in 2015 thanks to its Canada Post contract win, but this wasn’t enough to stop the airline recording a full-year loss.The Canadian airline recorded a 50.2% year-on-year increase in 2015 revenues to C$289m, while earnings before interest, tax, depreciation and amortisation (ebitda) jumped by 552.8% ...
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TIACA creates new shipper advisory group
TIACA has created a new Shippers’ Advisory Committee to be chaired by Lars Droog of Tosoh Corporation.The new group aims to make improvements to the air cargo supply chain with the interests of the shipper in mind.“The voice of the shipper is all too often missing from the global conversation ...
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NewsAir cargo demand continues to grow but yields to remain under pressure
Airfreight demand continued to show an improvement in January, but is wasn’t enough to stop load factors declining and therefore yields are likely to remain under pressure.The latest figures from IATA show that demand in January increased by 2.7% year on year, which continues the improvements witnessed towards the end ...
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Sao Paulo-Guarulhos airport offers incentive programme for all-cargo operators
Sao Paulo-Guarulhos (GRU) airport is offering new all-cargo operators a 100% landing fee exemption for a year as long as they meet certain criteria.The Brazilian airport said that as part of its GRU Incentives Program, cargo-only operators would be exempt from landing fees from March 27 of this year to ...
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Air France KLM to roll out new temp-controlled transporters in Mexico and LA
Air France KLM will roll out its new airside temperature-controlled transporters in Los Angeles and Mexico.The Franco-Dutch airline has developed the new Kold Kart transporters to try and solve the issue of temperature fluctuations during ramp handling operations.Forwarders and shippers have long complained that their sensitive pharmaceutical shipments face temperature ...
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European court upholds €169m in fines against forwarder cartels
The General Court of the European Union has upheld fines totalling €169m imposed by the European Commission against freight forwarders participating in an air cargo cartel between 2002 and 2007.A number of the companies – including Kuehne + Nagel (K+N), Panalpina and CEVA – applied the General Court for the ...
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Volga-Dnepr performs another spacecraft component transport
Volga-Dnepr Airlines has transported another item that will be used as part of the ExoMars mission organised jointly by the European Space Agency and the Russian space agency, Roscosmos.The Russian airline transported a 16-ton Breeze-M booster from Moscow to Baikonur on an An-124 freighter in preparation for the space vehicles’ ...
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Shannon welcomes mares to Irish stud hub
Shannon Airport welcomed six thoroughbred mares in what was the first transport of horses on a scheduled freighter flight into the Irish Republic gateway, with Turkish Airlines Cargo.Patrick Edmond, managing director of the International Aviation Services Centre and Shannon Group strategy director, said that Shannon intends to capitalise on the ...
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Air France-KLM cargo boss Bram Gräber to join maritime group Boskalis
Air France-KLM cargo boss Bram Gräber is stepping down to join Netherlands-based Royal Boskalis Westminster as group director maritime services for its offshore energy division.Gräber was appointed temporary executive vice president of Air France KLM Cargo in March 2015, following the departure of chief executive Erik Varwijk.Gräber will leave Air ...
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Kuehne+Nagel expects new lithium battery regulations to push up supply chain costs
Kuehne+Nagel (K+N) is expecting the new lithium-battery regulations to add cost to air cargo supply chains, while it also provided its thoughts on the potential impact of Amazon starting its own logistics operations.Speaking shortly after announcing its results for 2015, the Switzerland-based forwarder gave its thoughts on new regulations banning ...
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Air Europa renews ULD deal with CHEP
Spanish airline Air Europa has renewed its contract with ULD service provider CHEP Aerospace Solutions.This deal will see CHEP continue to provide ULD pooling to Air Europa, while also converting 770 containers to CHEP's lightweight units.Air Europa Handling contract manager Mauro Rodriguez said: "We have built a strong relationship with ...
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Lufthansa Cargo to sell capacity on Eurowings' new long-haul operations
Lufthansa Cargo will begin to sell the belly space of sister company Eurowings’ recently launched long-haul flights.Lufthansa Cargo said it would begin selling the space on Eurowings’ flights from Cologne/Bonn to the Caribbean (Varadero, Cancun, Dominican Republic) and Thailand (Phuket, Bangkok) from March 27.Eurowings is in the process of expanding ...
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Queuing for Cuba: US carriers submit applications for services to Cuba
The three major US airlines have all now submitted their applications to start scheduled services to Cuba.Late last night, United Airlines, Delta Air Lines and American Airlines confirmed they had submitted their applications to the Department of Transport.Delta hopes to offer flights from Atlanta and JFK with the Boeing 757-200, ...
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NewsK+N sees profits and airfreight demand climb in 2015
Switzerland-based freight forwarder Kuehne+Nagel managed to improve profitability last year despite revenue declines, while airfreight volumes jumped in a “stagnant” market.The company saw revenues decline by 4.4% year on year in 2015 to Sfr20.3bn, earnings before interest, tax, depreciation and amortisation increased 3.6% on the previous year to Sfr1bn and ...
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Lufthansa Cargo and United still "developing the details" of partnership plan
Lufthansa Cargo and United Airlines are still ironing out the commercial details of their planned tie-up on the transatlantic.Lufthansa Cargo board member responsible for product and sales Alexis von Hoensbroech said the two airlines have yet to sign a contract.He added that the two companies had a "joint idea of ...
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Turkish Airlines sees cargo revenues slide despite improved demand
Turkish Airlines recorded a decrease in revenues generated by its cargo division despite an increase in demand.For the full-year 2015, Turkish Airlines recorded a 3.9% year-on-year decline in cargo revenues to $935m, with both its bellyhold and freighter services contributing towards the decline.Meanwhile, its cargo and mail traffic climbed by ...
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Alaska Air Cargo changes pricing structure
Alaska Air Cargo is the latest airline to change its pricing model by cutting the number of surcharges.From today, the US airline’s new pricing structure will see its two current surcharges rolled into its base rates and customers will now only be charged by freight weight and a single screening ...
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Bombardier to work on Q300 passenger to freighter conversion
Canadian plane maker Bombardier and Québec-based Air Inuit are working together on a large cargo door passenger-to-freighter conversion for a Q300 large cargo door (LCD) turboprop aircraft.The converted Q300 aircraft is expected to have a cargo capacity of 12,500lbs (six tonnes) with an optimised cargo door. The aircraft will accommodate ...
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Oman Air makes Smart move
Oman Air has chosen SmartKargo to manage its airfreight sales and operations from June 2016. The Cloud-based cargo platform provides electronic air waybills along with pricing and ratemaking services.Oman Air’s chief sales officer, Mahfood Al Harthy said the attraction of SmartKargo was rapid deployment without having to spend on infrastructure, ...