All Top Story Articles – Page 39
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News
ATSG expands Amazon flying after a difficult Q1
ATSG yesterday announced it will operate an additional 10 Boeing 767 freighters on behalf of Amazon Air but also reported lower revenues and profits after a difficult first quarter of the year.The Amazon deal will see ATSG operate the additional 10 767 freighters over a five-year period, with the option ...
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NewsAsia-Europe trade aids DHL's Q1 airfreight volumes
Growth on trade between Asia and Europe was the main driver for a rise in DHL's airfreight volumes in the first quarter of this year, although airfreight revenue and profit suffered.DHL reported a 5.1% year-on-year rise in airfreight volumes to 435,000 tons in the first quarter.First quarter airfreight revenue in ...
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Newsdnata appoints Singapore managing director
Neo Su Yin. Photo: dnataGlobal air and travel services provider dnata has appointed Neo Su Yin as managing director in Singapore to oversee its ground handling and cargo operations at Changi Airport.Su Yin brings with her extensive experience in senior executive roles across the aviation and logistics industries. Most recently, ...
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NewsAlisCargo prepares for first MSC freighter
Photo: MSCMilan-based airfreight carrier AlisCargo Airlines is preparing to restart operations with a 777 freighter that will be flown on behalf of MSC Air Cargo.This follows Mediterranean Shipping Company's (MSC) majority stake acquisition in AlisCargo Airlines last August and subsequent 100% takeover this year.AlisCargo received its AOC in July 2021 ...
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News
Singapore Airlines places cargo capacity on WebCargo
Singapore Airlines has placed its cargo capacity on online booking and payment platform WebCargo to expand its booking options and reach more customers.The partnership connects Singapore Airlines to thousands of freight forwarders that use WebCargo’s real-time air cargo pricing and booking options.Meanwhile, WebCargo’s users gain additional access to Asia Pacific ...
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News
Air Canada ends freighter fleet expansion early
Air Canada has dropped plans to convert a further two Boeing 767 aircraft into freighters.The Montreal-headquartered airline had been planning to operate a fleet of 10 767 freighters but this has now been reduced to eight."Air Canada has amended its freighter capacity plans and removed two Boeing 767 freighters from ...
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News
Bluebird Nordic ends freighter operations
Icelandic ACMI leasing and cargo charter airline Bluebird Nordic has terminated all operations.The airline no longer has an Icelandic air operator certificate (AOC) and is in the process of divesting all its freighters to lessors."Bluebird Nordic has announced discontinuing its cargo operations, effective 30 April 2024," Bluebird's parent company, Avia ...
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InsightsHandler dnata aims for innovation in air cargo
Ground handler dnata is preparing for the future of aviation with the introduction of new digital and autonomous innovations that the company hopes will meet the need for data driven supply chain operations.Speaking from the Emirates Group’s innovation hub in Dubai, dnata senior vice president UAE cargo and global cargo ...
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InsightsAfrican air cargo returns to growth as carriers look to the east
The African airfreight market has had a difficult couple of years, but there are now signs of improvement and the sector is positive about the outlook.IATA figures show that last year African carriers saw cargo demand decline by 1.8% year on year, following on from what was a weak 2022.The ...
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Insights
Putzger perspective: Cargo demand flies but can aviation keep up?
Aircraft supply chains are struggling to meet demand from airlines and the impact is taking its toll on air cargo operations. The aviation industry is struggling with a massive disconnect. Demand is robust. While air travel continues to surge, air cargo traffic has shown unexpected strength, with double-digit year-on-year increases ...
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InterviewsCooling market puts Ascent's expansion into lower gear
Mexico has been a hotspot of development for Ascent Global Logistics recently, but weaker market demand has seen the company become more cautious with investments and M&A activity, while its freighter arm has suffered from reduced yields. Ascent Global Logistics has been expanding in Mexico. With the recent addition of ...
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Insights
US freight forwarders take note: new guidance clarifies export compliance responsibilities
The Bureau of Industry and Security (BIS) recently released a document outlining best practices and responsibilities for freight forwarders engaged in international trade.This information is critical for freight forwarders to ensure they operate within legal boundaries and mitigate risks associated with export compliance.The guidance brings clarity to the roles and ...
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NewsNetwork Airline Management fleet to become exclusively nose-loading 747Fs
Source: Network Airline ManagementNetwork Airline Management will exclusively operate a fleet of nose-loading production Boeing 747 freighters from later this year.The airline currently operates with two 747-400 production freighters and a single 747-400 converted freighter, which does not offer noseloading.The two new aircraft will join NAM’s fleet in the latter ...
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NewsAtlantic market a drag on Air Canada's cargo performance
Air Canada saw its cargo revenues decline in the first quarter of the year as weaker volumes on its Atlantic services took their toll.The Montreal-headquartered airline recorded a 9% year-on-year decline in first-quarter cargo revenues to C$215m.Increases in its domestic, US transborder and Pacific cargo revenues were not enough to ...
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News
Texel Air updates fleet with 737-800BCF
Bahrain-based cargo airline Texel Air is updating its fleet with a 737-800 Boeing Converted Freighter (BCF) to replace its oldest aircraft, the Boeing 737-300F.The aircraft has recently been converted in China and is being leased from lessor AerCap. The aircraft will be used for charter operations.Chisholm Enterprises subsidiary Texel Air ...
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NewsQatar Cargo aims for efficiencies with data, index-linked deals and by tackling no-shows
Qatar Airways Cargo is aiming to create efficiencies in the supply chain by tackling the issue of shipment no-shows, pushing for index-linked long-term contracts and integrating more data into its systems.Speaking exclusively to Air Cargo News (ACN), Qatar Airways chief cargo officer Mark Drusch outlined the three initiatives that he ...
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NewsAir cargo demand growth slows in April while attention turns to Q4
April was the fourth month in a row that global air cargo demand increased by over 11% but the market has begun to slow down after a busy start to the year, according to analysis by Xeneta.Additional belly capacity is affecting the dynamic load factor, air cargo demand as a ...
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NewsPattaya Airways targets Q4 launch as it receives first ATR 72-500F
Photo: ACIA Aero Leasing/ Pattaya AirwaysThailand’s newest cargo airline, Pattaya Airways, has taken delivery of its first ever aircraft from Ireland-based lessor ACIA Aero Leasing.Pattaya Airways took delivery of the ATR 72-500 freighter (MSN745) in April, with the second ATR 72-500F (MSN742) scheduled to be delivered this month.The cargo airline ...
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NewsLATAM Cargo adds new Europe-Brazil freighter service
Source: LATAM Cargo. Credit: Julio Cavalheiro LATAM Cargo is adding a new service between Europe and Brazil to target pharma, general cargo and automotive volumes. The service will operate with flights twice per week between Amsterdam, Brussels and Florianópolis utilising the carrier’s fleet of Boeing 767 freighters. ...
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NewsIT issues and yield declines weigh on AF KLM's Q1 cargo results
Air France KLM saw its cargo revenues decline in the first quarter of the year despite volumes increasing.The Franc0-Dutch airline reported a 16.5% year-on-year decline in cargo revenues during the first quarter to €562m while unit revenues per available tonne km (ATK) were down 27%.This revenue decline came despite cargo ...