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Cargo continues to improve in Q3 for Air France KLM

Posted By Tony Sanchez / Airlines / 0 Comments

November 6, 2017 Cargo at Air France KLM continues its turnaround with revenue increasing by 3.2 per cent in the third quarter, with tonnage remaining stable. Total cargo revenue was up 3.2 per cent to €493 million ($572 million) though was down 1.1 per cent in the first nine months of 2017 to €1.5 billion. […]

Qatar Airways takes 9.61% stake in Cathay Pacific

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November 6, 2017 Qatar Airways has acquired a 9.61 per cent stake in Cathay Pacific Airways Limited – adding to stakes it already has in IAG, Meridiana and LATAM Airlines Group. Both Cathay Pacific and Qatar Airways already collaborate together as members of the oneworld alliance. Air China Limited and Swire Pacific Limited together continue […]

DHL opens $10m air shipment facility at Chicago O’Hare

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October 26, 2017 DHL has opened its new $10 million international air shipment facility at Chicago O’Hare International Airport in the presence of mayor Rahm Emanuel. The facility on the Northeast cargo campus at O’Hare is on track to be the largest cargo development built at a US airport in more than a decade when […]

Lufthansa Cargo recovers from the challenges of 2016

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October 25, 2017 Lufthansa Cargo is recovering from the challenges of 2016 with the Logistics business segment posting an EBITDA profit of €167 million ($196 million) between January and September. Earnings before interest, tax, depreciation and amortisation (EBITDA) improved by 16,600 per cent from €1 million between January and September 2016, and the third quarter […]

Qatar Airways picks WFS to handle Pittsburgh freighter flights

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October 25, 2017 Qatar Airways Cargo has picked Worldwide Flight Services (WFS) to provide cargo handling services for its new twice-weekly Boeing 777 Freighter flights to Pittsburgh International Airport. The route was launched on 11 October, making Qatar Airways the first international airline to start scheduled freighter services to Pittsburgh, and becoming the airline’s fifth […]

Cathay Pacific awarded CEIV Pharma certification

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October 25, 2017 Cathay Pacific has become the first airline in Hong Kong to be awarded the International Air Transport Association’s (IATA) CEIV Pharma certification. The carrier says this underlines its capabilities in the treatment and transportation of high-value, time-sensitive and temperature-controlled pharmaceutical products with “speed, consistency and efficiency”. Cathay Pacific director of commercial and […]

Ryanair Pilots Step Up Pressure With Demand to Double Pay Rise

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October 23, 2017 Ryanair Holdings Plc’s pilot uprising shows little signs of abating, with an ad-hoc group demanding that a wage increase turned down by London Stansted crews be doubled and extended across the budget airline’s European bases. The unofficial European Employee Representative Council made the proposal to pilots after cockpit crews at Ryanair’s biggest […]

Cargojet and Canada Post renew agreement until 2025

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October 23, 2017 Cargojet has extended its agreement with the Canada Post Group of Companies (CPGOC) to 31 March 2025. The two companies signed an agreement in February 2014, initially running until 31 March 2022, with three additional 36 month renewal terms, and both parties have chosen to exercise the first renewal. Cargojet president and […]

South African Airways Chairman Ousted in Board Change

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October 19, 2017 South African Airways Chairman Dudu Myeni will leave the state-owned airline in a shake up of the board scheduled for early next month, as the finance ministry puts new management in place to turn around the unprofitable carrier.  Myeni, who is friends with South African President Jacob Zuma and heads his charitable […]

United Airlines Sees More Fare Weakness as Rebound Falters

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October 19, 2017 United Continental Holding Inc. is still suffering from a summer fare war.  A key gauge of pricing power will slide a new in the last three months of the year, with a drop of 1 percent to 3 percent, the airline said as it reported earnings late Wednesday. That’s after a third-quarter decline of […]