Two U.S. airlines cut China routes as state-backed rivals turn up heat

Posted By Tony Sanchez / Airlines / 0 Comments

August 22, 2018 Two U.S. airlines on Tuesday cut routes between China and the United States, underscoring increasingly tough competition from state-backed Chinese rivals as they aggressively expand their fleets with cut-price tickets. American Airlines, the largest U.S. carrier by passengers, said it would drop a route between Chicago and Shanghai, canceling the second direct […]

Rising yields and stronger demand pushes up LATAM cargo revenue

Posted By Tony Sanchez / , / 0 Comments

August 22, 2018 Cargo revenue at LATAM Airlines increased 16.8 per cent in the second quarter of 2018 helped by rising yields and stronger demand in the region. The Latin American airline group’s cargo revenue reached $299.7 million in the second quarter, with volumes increasing 7.6 per cent to 231,000 tons. Load factors improved by […]

How the mighty have fallen

Posted By Tony Sanchez / Airlines / 0 Comments

August 22, 2018 Just 13 years since the A380 was launched, the first Airbus A380 has been dismantled and will be sold as spare parts. A new lessee or buyer could not be found following expiry of a 10-year lease in October 2017. For investors, this is likely to mean a modest end to their […]

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

Posted By Tony Sanchez / , , , / 0 Comments

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

Posted By Tony Sanchez / / 0 Comments

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

Posted By Tony Sanchez / , , , / 0 Comments

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

Posted By Tony Sanchez / , , / 0 Comments

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

Posted By Tony Sanchez / Airlines / 0 Comments

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

Posted By Tony Sanchez / Airlines / 0 Comments

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%

Posted By Tony Sanchez / Airlines / 0 Comments

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 […]