Archive

Ethiopian Airlines, Zambia to relaunch national airline at cost of $30 million

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August 20, 2018 Ethiopian Airlines has signed a shareholding agreement with Zambia’s main development agency to relaunch the southern African country’s flag carrier at an initial cost of $30 million. The Ethiopian state-owned carrier has outpaced regional competitors Kenya Airways and South African Airways to become Africa’s largest airline by revenue and profit, and has […]

Transhipments drive growth in July at Cathay Pacific

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August 20, 2018 Cargo and mail volumes for Cathay Pacific Group have continued to grow in July, mainly driven by increased transhipment volumes. In July, Cathay Pacific and Cathay Dragon carried 184,935 tonnes of cargo and mail, an increase of 2.9 per cent compared to the previous year. Capacity measured in available freight tonne kilometres […]

Air France-KLM shares fall, Dutch pilots threaten to strike

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August 17, 2018 Air France-KLM shares fell on Friday in response to the hostile reception from unions to the company’s new boss Benjamin Smith, while the airline’s Dutch pilots threatened to strike over working conditions. Unions representing workers at the French company were openly hostile to the appointment of Smith, chief operating officer at Air […]

Hawaiian Airlines starts island hopping cargo service

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August 17, 2018 Hawaiian Airlines has kicked off its island hopping cargo service by flying construction and household supplies to Lihue to repair homes damaged by last April’s storms. The ATR-72 was loaded with 462 kilos of construction tools at Honolulu’s Daniel K. Inouye International Airport bound for Lihue International Airport to be used by […]

Air France-KLM appoints first foreign CEO over union objections

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August 16, 2018 Air France-KLM named Air Canada executive Benjamin Smith as its new boss on Thursday, opting for an outsider to steer the airline group through a fraught stand-off with unions at its French carrier. Smith, until now the Canadian airline’s chief operating officer, will begin work as Air France-KLM chief executive by the […]

Lufthansa markets cargo capacity on Brussels Airlines flights

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August 15, 2018 Lufthansa Cargo has started marketing cargo capacity on Brussels Airlines’ flights for services departing from 1 September. The pre-booking period is 30 days, and freight booked in this way will fly with Lufthansa Cargo’s air waybill with the number 020. Brussels Airlines Cargo customers will benefit from access to Lufthansa Cargo’s network […]

“Exceptional” year for Ethiopian Airlines as freight grows 18%

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August 13, 2018 Freight traffic at Ethiopian Airlines grew 18 per cent in the 2017/18 fiscal year as the airline expanded its fleet and network. The airline handled 400,339 tons during the year, with operating revenue growing 43 per cent to 89.1 billion Ethiopian birr (ETB) and net profit standing at 6.8 billion ETB ($241.6 […]

Video: Dreamliner Rips Through Tail of Turkish Airlines 777

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August 11, 2018 It seems like 2018 has been plagued by costly ground collision between aircraft or between ground vehicles and aircraft. That trend continued Thursday with two aircraft being damaged in a collision that thankfully left no one hurt. At Istanbul’s Ataturk Airport (IST), a taxiing Royal Air Maroc Boeing 787-8 struck a stationary […]

Hainan Airlines sells remaining stake in Brazil’s Azul for $306 million

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August 10, 2018 China’s Hainan Airlines said on Friday it had sold its remaining stake in Brazilian airline Azul SA in a deal that netted it $306.25 million after deducting underwriting fees. The carrier, part of financially troubled Chinese conglomerate HNA, said in a statement that it had sold 19.38 million American Depositary Shares at […]

Brazil’s Azul posts Q2 profit for the first time in three years

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August 9, 2018 Brazilian airline Azul SA posted a second quarter net profit of 238 million reais ($63.10 million), after posting net losses in the same period in the past two years. The results were positive despite the higher cost of oil in the international market and a truckers’ strike in Brazil that paralyzed the […]