Air Cargo

AirBridgeCargo stays strong with tonnage up 16% in the first five months of 2015

AJOT | June 11, 2015 | Air Cargo

AirBridgeCargo Airlines (ABC), one of the fastest growing international scheduled cargo airlines, has continued its strong operating performance with tonnage up 16% in the first five months of 2015. Read More »

Boeing Forecasts Demand for 38,050 New Airplanes Valued at $5.6 Trillion

PR Newswire | June 11, 2015 | Air Cargo

SEATTLE, June 11, 2015 /PRNewswire/ -- Boeing [NYSE: BA] projects a demand for 38,050 new airplanes over the next 20 years, an increase of 3.5 percent from last year's forecast. Boeing released its annual Current Market Outlook (CMO) today, estimating the total value of those new airplanes at $5.6 trillion.

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Air France Klm Cargo achieves first export

AJOT | June 11, 2015 | Air Cargo

Jeddah-based independent forwarder Express Forwarding Services (EFS), a member of the WCA Family and long-time user of the WIN IT connectivity platform, has made the first ever e-AWBs shipments on Air France KLM Cargo out of Saudi Arabia. Read More »

China approves $19.3 billion of airport, rail projects

Reuters | June 10, 2015 | Air Cargo | Intermodal | Rail

China's top economic planner said it had given the green light to over 120 billion yuan ($19.34 billion) worth of airport and railway projects, the latest slew of infrastructure approvals as Beijing looks to avert a sharp slowdown in the economy. Read More »

Cathay Pacific CEO upbeat on cargo demand despite softer 2nd quarter

Reuters | June 10, 2015 | Air Cargo

Cathay Pacific Airways Ltd saw air cargo demand soften in the second quarter but expects a rebound in the long run on the backs of U.S. and Asian consumers, Chief Executive Ivan Chu. Read More »

Andres Conesa, CEO of Aeromexico, New IATA Chairman

PR Newswire | June 10, 2015 | Air Cargo

The International Air Transport Association (IATA) announced that Andres Conesa, CEO of Aeromexico, has assumed his duties as Chairman of the IATA Board of Governors for a one-year term, effective immediately. Conesa is the first Mexican to hold this position. Read More »

Virgin Atlantic Cargo and First-Air help Corvette Racing get ready for Le Mans

AJOT | June 10, 2015 | Air Cargo

Virgin Atlantic Cargo's global reputation for moving high-value prestige and motorsport cars made it the perfect airline partner to support Corvette Racing's bid to win the 83rd running of the Le Mans 24-hour endurance race in France. Read More »

More Logistics and Less CO2

AJOT | June 10, 2015 | Air Cargo

Lufthansa Cargo‚Äôs 4th Environmental Conference in Frankfurt Even after setting efficiency record Lufthansa Cargo wants to stay number one in climate protection. Read More »

Brazil’s Rousseff aims to lure $64 billion in infrastructure capital

Reuters | June 09, 2015 | Air Cargo | Intermodal | Rail | Ports & Terminals

President Dilma Rousseff unveiled an effort to draw 198.4 billion reais ($64 billion) in private investment to build, upgrade and operate Brazilian roads, railways, airports and harbor terminals. Read More »

US and Middle East airlines trade accusations on subsidy claim

Reuters | June 09, 2015 | Air Cargo

U.S. and Middle East airline chiefs traded accusations over a campaign by major U.S. carriers to restrict what they say is heavily subsidized competition from Gulf counterparts. Read More »

Joint venture between Lufthansa Cargo and ANA Cargo to cover Europe to Japan as of August

AJOT | June 09, 2015 | Air Cargo

More and faster connections, more capacity, flexibility and time saving: these are the benefits available to European customers of Lufthansa Cargo and ANA Cargo as of 3 August. Both airlines are expanding their joint venture for freight consignments to routes from Europe to Japan. Read More »

IAG Cargo begins rollout of new e-Booking service

AJOT | June 09, 2015 | Air Cargo

Spanish launch marks first stage in global rollout of advanced online booking and management system Read More »

US air traffic control system to mimic Canada’s system, A4A says

Reuters | June 08, 2015 | Air Cargo

The U.S. air traffic control system is likely to be restructured to resemble Canada's system, and the change could happen quickly, the head of the U.S. airline trade group said. Read More »

Qatar Airways CEO calls protectionist attacks a ‘risk’ to aviation

Reuters | June 08, 2015 | Air Cargo

Qatar Airways Chief Executive Officer Akbar Al Baker pressed the aviation industry's largest trade group to reiterate its support of liberal air travel, calling protectionism a threat to aviation in a jab at U.S. airlines. Read More »

IATA hikes 2015 global airline profit forecast to $29 billion

Reuters | June 08, 2015 | Air Cargo

Global airlines raised their forecast for 2015 industry profits by more than 17 percent to $29.3 billion on Monday, almost doubling from last year and heralding a boom for carriers in North America that stand to reap half the worldwide total. Read More »

American Airlines CEO cites capacity growth risks

Reuters | June 08, 2015 | Air Cargo

American Airlines Group Inc Chief Executive Doug Parker voiced concern about the risk that capacity growth among airlines could depress profits, but told Reuters that in contrast with past cycles, the rise in capacity "feels different." Read More »

Virgin America pilots vote for unionization

AJOT | June 08, 2015 | Air Cargo

Virgin America Inc said a majority of its pilots voted to be represented by the world's largest pilot union, ending its run as the last major U.S. carrier without collective representation for pilots. Read More »

American Airlines Cargo Introduces Use of New Boeing 787-800 for Select International Routes

AJOT | June 05, 2015 | Air Cargo

The Boeing 787-800 launched this month, showcasing a multitude of benefits for customers, including 28 positions for cargo, improved aerodynamics, advanced engine technology and better fuel efficiency. Read More »

Global air freight momentum slowing

Reuters | June 04, 2015 | Air Cargo

Growth in demand for air freight is slowing, as world trade growth weakens, a leading air industry body said. Read More »

Global air freight momentum slowing

Reuters | June 04, 2015 | Air Cargo

Growth in demand for air freight is slowing, as world trade growth weakens, a leading air industry body said on Thursday. Read More »