Latest news – Page 795
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News
Athens in the swim with dolphins cargo
Athens International Airport played host to a pod of three dolphins flying out to Lithuania.A two year old female and two mature females were flown to Siauliai airport under the care of Goldair Handling.The valuable cargo was transported from Athens by the Lithuanian Air Force using an Alenia C-27j Spartan ...
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Airfreight rates on the rise, but lag behind 2014 levels
Airfreight rates continued to increase in September and while further increases are expected, prices continue to lag behind last year’s levels.The latest data from Drewry Sea & Air Shipper Insight shows that the weighted average airfreight rate on 21 key east-west trades increased to $3.22 per kg from $3.06 in ...
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TNT records third quarter operating loss
FedEx takeover target TNT managed to improve its financial performance in the third quarter of the year, but still recorded an operating loss.The Netherlands-headquartered delivery giant saw third-quarter revenues increase by 2.3% on a year earlier to €1.7bn on the back of increases in its small and medium enterprise (SME) ...
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Pradeep Kumar looks back at 40 years with the Emirates Group
Pradeep Kumar, senior vice president for Emirates Sky Cargo revenue optimisation and systems, is set to retire at the end of October after four decades with the Dubai-based parent group and 30 years with the carrier itself.In 1977, after completing his education in India, Kumar came to Dubai because of ...
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Manchester united with Beijing by direct bellyhold link from 2016
China’s Hainan Airlines is to launch a four times a week A330-200 passenger service between Beijing and the UK’s Manchester Airport from June next year.The flights, with more than10 tonnes of bellyhold cargo, will provide a direct connection between Manchester and Beijing for the first time.The new route was unveiled ...
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UPS pilots vote to authorise strike
UPS pilots have voted in favour of requesting an exit from federally mediated labour negotiations to allow the option of launching strike action, a move the integrator believes is symbolic.Earlier today, UPS pilots voted 2,252 to eight to provide the Independent Pilots Association (IPA) with the authority to formally request ...
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American joins Delta and United in reporting Q3 cargo revenue decline
American Airlines saw cargo revenues decline during the third quarter of the year, although the drop was not as strong as that experienced by Delta.American saw its cargo revenues decline to $180m (see tables below) during the third quarter of the year, a drop of 16.3% compared with the same ...
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IAG Cargo's rhino transport challenge
IAG Cargo will transport six one tonne white rhinos on British Airways’ first Airbus 380 flight to Miami on October 25.The six rhinos are being transported from Johannesburg to Miami as part of a conservation breeding programme.IAG Cargo product manager live animals Gabriella Tamasi said: “With these rhinos weighing one ...
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Ocean giant issues results downgrade
Airfreight’s largest modal competitor, deep sea container shipping, is feeling the pinch.Danish ocean freight giant AP Moller-Maersk, has today issued a 2015 results adjustment after “market conditions worldwide have been weaker than the group expected”.AP Moller-Maersk said that its boxship division, Maersk Line, saw that the container shipping market “deteriorated ...
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London and Amsterdam freighter for Turkish Airlines
Turkish Airlines is to launch a weekly freighter service from Istanbul Ataturk to London Stansted and Amsterdam Schiphol from October 29. The A310 aircraft will operate inbound and outbound on Thursdays.Turkish Airlines operates regular passenger flights to the UK but this will be the first all-cargo service for six years.The ...
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Chinese carriers dismiss merger reports
China Southern Airlines and Air China have denied press speculation that they are to be merged.Over recent days, reports have suggested that the country’s government could push through a merger of two major airlines.However, in a statement on the Hong Kong Stock Exchange, China Southern controlling shareholder China Southern Air ...
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S7 owner to buy Transaero
Co-owner of Russia's S7 Airlines, Vladislav Filev, has signed an agreement to buy at least 51% of struggling rival carrier Transaero, according to Reuters reports.Debt-laden Transaero, once Russia's second-biggest airline, is the subject of bankruptcy proceedings by creditors, Sberbank and Alfa Bank.Earlier, Transaero filed to file a rescue deal with ...
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Faster to market, thanks to Panalpina’s new IT system
Freight forwarder Panalpina says deployment of its planned single warehouse management system (WMS) is ahead of schedule. To date, the JDA WMS has been rolled out to over 30 of its global sites and has helped improve service and optimise its customers’ inventory.Panalpina says that the driving force of the ...
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Boeing ponders cutbacks as cargo slumps
The current airfreight slump may force Boeing to slow production of its 747 and 777s, reports news agency Bloomburg. The soft market could damps demand for the cargo versions of the planes, it said.Citing an interview with Boeing chief financial officer Greg Smith, the report said that production of the ...
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FTA warns of return of Calais chaos
The UK’s Freight Transport Association is reporting that last summer’s chaos in the Channel port of Calais is returning. It warns that drivers are gain being threatened by organised gangs of migrants throwing stones and trying to get aboard their vehicles.The chaos in France, which was sparked by picketing action ...
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ABC on song in September
Volga-Dnepr Group’s scheduled arm, AirBridgeCargo Airlines (ABC) saw a 28% rise in cargo in September, transporting 42,480 tonnes across its network and a 35% growth in freight tonne-kilometres. Load factors remained stable, it added.In the first nine months of 2015 tonnage grew 18% to 344,130 tonnes.During September, ABC added flights ...
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Slowdown for Asian airlines
Preliminary September traffic figures from the Association of Asia Pacific Airlines (AAPA) showed a continuing divergence between the cargo and passenger business. The latter remains strong but airfreight remains weak, says AAPA.Air cargo markets remained subdued, with demand in freight tonne kilometre (FTK) terms only matching the same month last ...
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Airfreight fails to hit the heights
International air freight fell during the second quarter in the US and remained below its pre-crisis peak in the EU, according to the latest update of global freight data collected by the International Transport Forum at the OECD (Organisation for Economic Cooperation and Development at the United Nations).However, exports to ...
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Second Zhengzhou flight for Cargolux Italia
Cargolux Italia has introduced a second weekly flight between Milan Malpensa and its Chinese hub at Zhengzhou. Flight C8 8777 leaves Milan on Sunday mornings at 11:50 and, like the existing service, operates via Novosibirsk, Russia. When Cargolux Italia introduced the first Zhengzhou flight in June, it also marked the ...
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Intra-Africa surge boosts Astral
Astral Aviation has enhanced its schedule from its Nairobi hub in response to an increase in intra-African load-factors.Astral, which flies operates a dedicated freighter fleet of Fokker 27, DC9, B727 and B747 aircraft, will now operate three weekly frequencies between Nairobi and Juba, South Sudan to cater for an increase ...