Air Cargo

DB Schenker Logistics to construct new terminal at Klagenfurt airport

AJOT | August 05, 2010 | Air Cargo

DB Schenker Logistics is investing in a new, ultra-modern logistics terminal at the airport in Klagenfurt, Austria. The aim is to use the new terminal to further expand the position in European land transport on the regional Carinthia market and also in t Read More »

DHL Express hub at the Cincinnati/Northern Kentucky Airport receives TAPA certification

AJOT | August 05, 2010 | Air Cargo

DHL, the world's leading logistics company, announced today that its principal U.S. hub at the Cincinnati/Northern Kentucky (CVG) airport has been certified through the Transported Asset Protection Association (TAPA) program. TAPA certification is recogni Read More »

Korean Air adds more Atlanta flights

AJOT | August 05, 2010 | Air Cargo

Flying to Asia just got better for Southeastern U.S. travelers because Korean Air is adding more flights to its Atlanta service.

America's largest Asian airline, Korean Air, has added three non-stop night flights a week from Atlanta-Hartsfiel Read More »

Cathay set for record year after forecast-beating H1

AJOT | August 05, 2010 | Air Cargo

Hong Kong's dominant air carrier Cathay Pacific Airways is heading for a record year, with plans to boost its fleet by more than a third, after first-half profit handily beat forecasts on a strong revival in international traffic. Read More »

New sales team for Virgin Atlantic Cargo in South Africa

AJOT | July 29, 2010 | Air Cargo

Virgin Atlantic Cargo has brought sales 'in-house' in South Africa.

The move follows the launch of V Australia's new twice-weekly flight from Johannesburg to Melbourne and high customer demand for capacity on Virgin Atlantic Cargo's da Read More »

Cargoitalia starts Shanghai services

AJOT | July 29, 2010 | Air Cargo

Cargoitalia - Italy's freighter operator ' is poised to launch scheduled services to Shanghai in September, utilising its recently-arrived third MD11 freighter aircraft.

From September 8, Cargoitalia will operate direct non-stop flights from its Milan Read More »

Air France-KLM Q1 loss narrower than expected

AJOT | July 29, 2010 | Air Cargo

Air France-KLM unveiled a narrower-then-expected loss in its first quarter as the fallout from April's ash crisis dropped into second place behind renewed evidence of an upswing in the economy.

Europe's largest airline said it had lost 132 mi Read More »

Air freight demand leaps in June

AJOT | July 29, 2010 | Air Cargo

Air cargo demand jumped by more than a quarter in June compared with a year ago and passenger numbers rose more than one tenth as airlines saw a growing recovery from the economic crisis, industry figures showed.

While the recovery is faster Read More »

Chile LAN 1st-half profit soars on air traffic

AJOT | July 29, 2010 | Air Cargo

Chile's dominant airline LAN said its first-half net profit surged 115.1 percent to $148.9 million from last year on improved air traffic in the wake of the financial crisis.

LAN has seen passenger and cargo traffic recover quickly this year Read More »

China to accelerate railway spending

AJOT | July 27, 2010 | Air Cargo

China is set to speed up spending in the railway sector in the second half of 2010 as only one third of the full-investment quota was completed in the first half, the Beijing-based China Times reported.

Fixed-asset investment in the railway s Read More »

10th Boeing 747F joins AirBridgeCargo’s fleet

AJOT | July 27, 2010 | Air Cargo

AirBridgeCargo Airlines (ABC), the scheduled cargo airline of Russia's Volga-Dnepr Group, has taken delivery of its third Boeing 747-400 freighter in four months, increasing its total fleet to 10 B747F.

The latest aircraft joined ABC on July Read More »

Continental Air profit bests Wall St estimates

AJOT | July 27, 2010 | Air Cargo

Continental Airlines, which is being bought by United Airlines, posted a second-quarter profit that handily beat Wall Street expectations, helped by higher fares and reduced capacity.

Continental posted net income of $233 million, or $1.46 pe Read More »

Singapore Air Q1 net profit beats forecast

AJOT | July 27, 2010 | Air Cargo

Singapore Airlines, the world's second-largest airline by market value, said a recovery in passenger and freight traffic should be sustained in the near term after posting better-than-expected first quarter profit.

Global airlines are recover Read More »

June brings increase in activity at Port Columbus, Rickenbacker

AJOT | July 27, 2010 | Air Cargo

Passenger activity at Port Columbus International Airport increased in June while cargo activity jumped 31 percent at Rickenbacker International Airport.

Statistics released by the Columbus Regional Airport Authority Board of Directors show t Read More »

Forward Air Q2 profit beats Street, sees strong Q3

AJOT | July 25, 2010 | Air Cargo

Air cargo company Forward Air Corp's posted quarterly income that beat market estimates, helped by higher volumes, and forecast third-quarter earnings above view. For the second quarter, the company earned $7.9 million, or 27 cents per share, compared wit Read More »

UAL profit beats expectations

AJOT | July 25, 2010 | Air Cargo

United Airlines parent UAL Corp reported its first quarterly operating profit since 2007, boosted by a 26.2 percent jump in passenger revenue and lower-than-expected costs.

"Compared to our model, cargo and regional revenue were stronger and Read More »

TSA screening is an essential part of air screening mandate

AJOT | July 25, 2010 | Air Cargo

Last month, I testified in the U.S. Congress before the House Homeland Security Committee on the Transportation Security Administration (TSA) implementation of a 100% screening mandate, which will become effective in just a few weeks. The Hearing, chaired Read More »

Austrian Lufthansa Cargo GmbH off to successful start

AJOT | July 19, 2010 | Air Cargo

Cooperation between Austrian Airlines and Lufthansa Cargo kicked off successfully on 1 July.
Their new Vienna-based Austrian Lufthansa Cargo subsidiary has commenced operations. The new company is now marketing all freight capacities of both Read More »

Emirates orders 30 Boeing 777-300ers

AJOT | July 19, 2010 | Air Cargo

Emirates, the Dubai-based international airline, placed an order with Boeing for an additional 30 777-300ER aircraft, worth approximately $9.1 billion in list prices. The new order adds to the fleet of 71 777-300ERs previously ordered, of which 53 aircraf Read More »

Raymond James upgrades CN Rail to outperform

AJOT | July 14, 2010 | Air Cargo

Raymond James upgraded Canadian National Railway to "outperform" from "market perform," and said the Canadian railroad outlook continues to look bright. Read More »