Latest news – Page 792
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Gunning to become chief financial officer at British Airways
Steve Gunning, the current chief executive of IAG Cargo, will become chief financial officer at British Airways in April next year, replacing Nick Swift who is leaving the airline to pursue other opportunities.Gunning will work with Alex Cruz, who is replacing Keith Williams as chairman and chief executive of British ...
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Big names line up for ACN pharma conference
Air Cargo News’ Life Sciences and Pharmaceuticals Air Cargo Conference has again attracted a top level line-up of industry speakers to debate issues affecting the international supply chain.Conference programme: click here...Hear from:Five of the world’s leading pharmaceutical manufacturersThree of the world’s leading temperature-controlled solution providersThree of the world’s largest airlinesTwo ...
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ATSG revenue increase in third quarter
Air Transport Services Group (ATSG), the medium wide-body freighter aircraft lessor, saw third quarter 2015 revenues increase 3% to $142.3m, including a 6% increase in freighter aircraft leasing revenues.Excluding revenues from reimbursements, third-quarter 2015 revenues increased 6% for the US-based lessor.Joe Hete, president and chief executive of ATSG, said: “We ...
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Air cargo security regulations create consistency concerns
The executive director of the US Air Forwarders Association (AFFA) has said that a lack of co-operation between agencies that will implement new US air cargo security regulations is a concern for the industry.Speaking during a panel debate on reducing supply chain risk at the Air and Sea Cargo Americas ...
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Miami targets pharma as it gains IATA recognition
Miami International (MIA) is the first US airport to become an IATA pharma hub as it looks to continue to grow pharma volumes which have more than doubled over the last five years.The Florida airport announced it had achieved the certification at the Air & Sea Cargo Americas event in ...
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High value cargo helps push Viracopos revenues despite demand decline
The struggling Brazilian economy has caused a double-digit decline in cargo volumes at Viracopos airport but despite this it has still managed to increase revenues thanks to growth in high value cargo.Speaking at the Air and Sea Cargo Americas event in Miami, Viracopos Aeroportos-Brasil presidential advisor cargo business Adam Cunha ...
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Atlas Q3 loss reflects debt reduction, repeats strong outlook for full year
US freighter aircraft lessor Atlas Air Worldwide (AAW) reported a net 2015 third quarter loss of $12.8m as it refinanced higher cost debt, but repeated its strong outlook for the fourth quarter and full year.Atlas expects airfreight to grow at “a reasonable rate” in 2015 despite tougher year-over-year monthly industry ...
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Emirates bucks cargo trend with 10% volume surge
Dubai’s Emirates Skycargo outpaced the airfreight market with a 10% rise in volumes to 1.25m tonnes during the first six months of the financial year.Emirates Group, which includes ground handler dnata, described the airline cargo figures from April to September as “a solid performance that continues to buck the market ...
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Singapore narrows cargo losses
Singapore Airlines’ cargo division (SIA Cargo) narrowed its operating loss from $34m to $12m in the first half of the financial year from April to September.Cargo yield declined by 8.5% during the six month period, largely due to lower fuel surcharges, while freight carriage was “flat”, resulting in lower revenue, ...
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Pharma, it's good to talk
Poor communication about the evolving processes and regulation for air cargo’s pharmaceutical supply chain is leaving the airfreight community frustrated.“Everything is connected but when shippers, ground handlers, freight forwarders and carriers work together they often do not speak the same language,” said Stavros Evangelakakis, global product manager of European freighter ...
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ICAO proposes 30% lithium battery state charge limit
New safety recommendations covering lithium battery shipments carried on passenger and freighter aircraft have been agreed by the Dangerous Goods Panel (DGP) of the International Civil Aviation Organization (ICAO).“The proposal to require lithium batteries to have a state of charge of 30% or less, when carried in shipments on commercial ...
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Frankfurt see 2.4% dip in cargo volumes
Frankfurt airport's cargo volume fell by 2.4% to 1.56m tonnes in the first nine months of 2015 versus prior year, mainly reflecting “the overall weak global trade environment and a slowdown in emerging economies”.The German airport remains Europe’s largest cargo hub, handling 2.2m tonnes in 2014.Group revenue grew markedly, rising ...
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IAG Cargo taps into Accenture software
IAG Cargo has upgraded its cargo reservation technology with software from Accenture to deliver more flexible reservation processes for all commercial cargo operations worldwide.Accenture Air Cargo Reservation software, part of the Accenture Air Cargo Suite, offers IAG Cargo, the freight arm of British Airways and Iberia, "improvements both in functionality ...
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ACS helps helicopters fly in for a refit
Air Charter Service transported two Mil Mi-8 MTV helicopters from Africa into Europe for a major refit.Justin Lancaster, commercial director at ACS, explained: “We flew the helicopters in on an Ilyushin IL-76 to Europe where they will be renovated. This type of helicopter is used by almost 70 different nations’ ...
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Turkish adds to freighter network
Turkish Cargo has launched freighter services to Atlanta, New York, Kinshasa, London Stansted, Amsterdam and Doha.The Atlanta, New York and Kinshasa flights will use Airbus A330 freighters, with Stansted and Amsterdam served by an Airbus A310 freighter.As from the beginning of the winter schedule 2015, Turkish Cargo will provide cargo ...
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Alban François appointed as new VP Cargo Brussels Airlines
Alban François has been appointed vice president of global cargo at European carrier Brussels Airlines.From January 2016 he will roll out the new commercial strategy of the growing Brussels Airlines Cargo department, together with commercial partner Air Logistics Group.“Cargo is a key growth pillar for Brussels Airlines”, says Brussels Airlines ...
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IATA: Airfreight markets show slight growth in September
Global airfreight markets showed “very modest growth” in September and “negligible growth” for Asia-Pacific carriers said IATA in its latest cargo data update.Measured in freight tonne kilometres (FTKs), global air cargo volumes rose 1.0% compared to the same month a year ago.The statistical evidence echoes that of analyst WorldACD which ...
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TNT 'making progress' for fleet sell-off
TNT has confirmed that it is “making progress” in finding a buyer for the parcel carrier’s freighter fleetTNT has to sell its aircraft assets if the $4.8bn takeover by FedEx is to go ahead.A spokesman for TNT Group said: “We are making progress with potential buyers” for TNT Airways ...
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All cargo carrier WGA set to launch
US start-up all cargo carrier Western Global Airlines plans to launch operations with MD-11 freighters after receiving an air operator certificate from the Federal Aviation Administration in Washington.Founder and chief executive Jim Neff, said: “As the first newly certified US based wide-body air cargo operator in almost a decade, WGA ...
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UK shippers back Heathrow plans for cargo investment
UK shippers have welcomed plans to double cargo volumes at London's Heathrow Airport.Chris Welsh, Freight Transport Association director of global and European policy, said: “Heathrow’s planned investment and increased freight capacity is excellent news, and exactly the type of commitment that FTA has long been asking for.“The significance of airfreight ...