Region – Page 259
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News
How did Europe's busiest air cargo carriers perform in the second quarter?
The second-quarter results are in and at first glance two out of Europe’s three largest listed cargo carriers appeared to have performed well at a revenue level.Both Lufthansa Cargo and IAG Cargo recorded year-on-year growth in revenues, of 6.2% and 8.8% respectively, however this was heavily influenced by exchange rates, ...
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Marken chooses OnAsset for pharma tracking
Marken, the clinical logistics specialist, has entered into an exclusive agreement to use OnAsset Intelligence’s GPS tracking device on key shipments.OnAsset said that the device would “significantly improve” Marken’s real-time, track and trace capability via custom-designed software.The pharma and life sciences supply chain company will use the OnAsset device to ...
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Half year declines for Europe's top three cargo hubs
Europe’s top three cargo hubs – Frankfurt, Paris and Amsterdam - all registered tonnage volume declines in the first six months of 2015.Data collated from the airports or government statistical offices show that Frankfurt – the top European air cargo hub in 2014 with 2.16m tonnes, saw a 2.1% decline ...
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UPDATE: DHL airfreight volumes decline as it turns away business to protect margins
Freight forwarder DHL Global Forwarding's decision to turn away airfreight business to protect profits in the first half of this year resulted in a decline in volumes.The Bonn-headquartered forwarder recorded a 7.2% year-on-year decline in airfreight exports during the second quarter to 530,000 tonnes, while the half-year result was down ...
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Newly relaunched Air Djibouti plans more cargo flights next week
New market entrant Air Djibouti is planning more cargo flights next week following the launch of services at the start of the month.The government owned national carrier flew its first cargo service on August 2 when a leased Fokker 27 aircraft flew from Djibouti to Hargeisa in Somaliland.Asked whether the ...
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Air cargo on the up at Brussels Airport
Brussels Airport continued to report double-digit air cargo growth in July as the European hub recorded an 18% jump in volumes compared with the same month a year ago.The Belgian airport continued to outpace its rivals as air cargo throughput increased to 43,539 tons in July compared with 36,883 tons ...
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Oman Air and Cargolux add second service to Indian air cargo partnership
Oman Air and Cargolux have added an extra frequency to their freighter partnership between Oman and India, and say they plan to add further destinations to the tie-up in the future.The two airlines announced this morning that they would today add a second weekly flight between Chennai and Muscat.Cargolux said ...
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Decrease in airfreight forwarder optimism
Danske Bank Markets’ European Freight Forwarding Index indicates a minor decrease in June's market sentiment among freight forwarders for future air cargo volumes compared with two months ago.Expectations for airfreight came in at 47 points for July and 46 points for August thus suggesting lower volumes in two months.The overall ...
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China Southern joins IAG Cargo’s Partner Plus
China Southern Airlines has joined IAG Cargo’s Partner Plus Programme, taking its place alongside Qatar Airways, Japan Airlines, the Avianca group, American Airlines, and Finnair.Customers of IAG Cargo, the freight arm of British Airways and Iberia, can now book confirmed space on China Southern Airlines' aircraft to a range of ...
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Heathrow Airport records 5% drop in air cargo volumes, while Stansted reports increase
London Heathrow Airport suffered a tough July as cargo figures slid by more than 5% compared with a year ago.The airport, which is hoping to receive government backing for the development of a third runway, saw cargo volumes decline by 5.4% year on year to 121,240 tonnes in July.However, July’s ...
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Enfeebled Asia-Pacific airfreight market and sluggish Europe warns ACI
A weakening of international trade activity has “enfeebled the Asia-Pacific airfreight market” in the first half of 2015, while Europe remains “sluggish” in the same period as North America and Middle East volumes rebound.Latest data from Airports Council International (ACI) indicates that global airfreight volumes in June showed average “modest” ...
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Virgin Atlantic Cargo posts record growth from Chicago
Virgin Atlantic Cargo posted a record month for tonnage from Chicago in June while it achieved a 100% load factor in the opposite direction.The airline said that shipments from Chicago increased by more than 30% in June to 860 tonnes, with 53% of traffic destined to the UK and 29% ...
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First flight for Qatar Airways Cargo's new charter freighter
Qatar Airways Cargo’s new Boeing 747 freighter charter aircraft has performed its first flight, heading to Hong Kong from Doha.The Middle Eastern airline said that the Boeing B747-400BCF aircraft, with a 112.5 tonne capacity, would cater for growing demand for outsized freight transportation for infrastructure projects in the Middle East ...
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Qatar extends hunting trophy ban
Qatar Airways is the latest airline to adjust its ethical cargo policy in the wake of the Cecil the lion outcry.The Middle Eastern carrier today announced that its existing embargo on transporting hunting trophies would be extended to encompass all species identified by the Convention on International Trade in Endangered ...
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Air cargo revenues down 9% in first half of 2015
Worldwide air cargo revenues in the first half of 2015 are more than 9% behind last year, but recent market softness appears to have plateaued in June.The latest figure from WorldACD show that air cargo revenues declined by 9.3% year on year during the first six months, with almost all ...
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CEVA records second quarter airfreight growth
Logistics firm CEVA recorded a slowdown in airfreight volume growth during the second quarter while losses improved slightly.The Netherlands-headquartered logistics company reported a 0.7% year-on-year increase in air volumes during the second quarter of the year, down on the 5.2% growth recorded in the first quarter.It said the slowdown was ...
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Twelfth flight for China Southern
China Southern has taken delivery of its twelfth Boeing 777 freighter, making it the number one China-based operator of the aircraft type and the third globally.The new aircraft made its maiden flight out of Guangzhou to Paris, Vienna and then back to Guangzhou.So far in 2015, China Southern has introduced ...
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DHL Global Forwarding considers the future of troubled IT transformation project
DHL Global Forwarding is considering completely scrapping the IT and enterprise resource planning (ERP) systems it has been developing as part of its New Forwarding Environment (NFE) transformation project in favour of a different system.Speaking shortly after announcing second-quarter results, Deutsche Post DHL chief financial officer Larry Rosen said that ...
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Airlines IAG Cargo and Qatar expand freighter partnership
IAG Cargo and Qatar Airways have extended their freighter partnership and added new routes.The two airlines announced this morning that the initial contract would be extended indefinitely, while the number of destinations covered has increased from the one originally announced to nine.The two airlines said they had decided to expand ...
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IAG Cargo's Gunning: excess capacity is the new normal
Excess capacity and yield pressure are the new normal that the air cargo industry must live with, according to IAG Cargo chief executive Steve Gunning.Speaking to Air Cargo News shortly after the publication of its second-quarter results, Gunning outlined why the cargo business of British Airways, Iberia and Vueling decided ...