Against a background of IATA’s estimated 9.3% growth in world cargo volumes for 2017, airfreight rates have been dramatically up this peak season, reports online platform Freightos. Freightos stated: "While some rates have eased recently, others are heating up. Most US airlines canceled 7-10 scheduled flights coming in from China between December 22-30,
Air Cargo
Emirates SkyCargo’s pharma investments pay off in record volumes for 2017
Emirate Sky Cargo Dubai - Emirates SkyCargo wrapped up a year of record volumes and expansion, carrying 2.5 million tonnes of freight this year across its global network. The carrier’s president, Tim Clark, commented that despite challenging market conditions, the carrier had successfully implemented initiatives to boost revenues, trim costs, and used emerging technologies
Middle East air cargo market: Resilience in tough times
A terminal at Hamad International Airport in Doha. Even amidst tough times, the Middle East air cargo market continues to surprise the world with the highest airfreight growth numbers compared with other regions. Overall decline in global air cargo market and excess capacity are major headwinds that the region is beginning
Europe’s cargo gateways
Frankfurt is Europe's busiest cargo airport. Europe has always been at the forefront of the air cargo industry, setting the standards in terms of airports and their adjoining cargo facilities. The continent has some of the most strategically positioned and technologically advanced hubs. Major air cargo facilities in Europe are now capable
Moscow Cargo begins commercial operations at new cargo complex
Sheremetyevo Airport Moscow Cargo, the air cargo operator at Moscow’s Sheremetyevo International Airport (SVO), launched commercial operations at the facility’s new 43,200-square-meter cargo complex, the largest such operation in Russia. The new terminal handles about 250 tonnes of cargo per day and has an annual capacity of 380,000 tonnes per year. All
Air France-KLM introduces ‘What Counts’ service bundle
Air France-KLM-Martinair Cargo is introducing a new bundle of services – including cargo booking capabilities – for small and medium-sized enterprises, under the name “What Counts.” The services include a loyalty program based on Air France-KLM’s BlueBiz program for passengers, through which cargo customers can earn credits to spend on airline
Air cargo demand, yield growth to continue into Q1 2018, IATA says
Loading platform of air freight to the aircraft This year, as most air logistics people already know, was wildly successful in terms of demand growth. But the expected return to reality, according to the International Air Transport Association (IATA), may not come for at least another quarter into the new year,
Unprecedented volumes force Lufthansa Cargo to add additional seasonal flights
Lufthansa Cargo Lufthansa Cargo has temporarily expanded its freight capacity for Deutsche Post AG, in response to the enormous volume of Christmas mail and parcels between Germany and the United States. From mid-November until Dec. 19, Lufthansa Cargo is operating an MD-11 each Monday on the Frankfurt-New York / JFK –
DHL, Air Hong Kong sign 15-year block-space agreement
Ken Allen, CEO, DHL Express and Rupert Hogg, CEO, Cathay Pacific DHL Express, the world's leading international express services provider, has extended its partnership with AHK Air Hong Kong Limited with a new 15-year block-space agreement which will enable the carrier's overnight air services to continue supporting the DHL Express network
Early Christmas shopping boosts U.K. November cargo figures
Christmas came early for United Kingdom airports under Manchester Airports Group (MAG), as East Midlands and London Stansted airports saw record cargo volumes in November with heavy Black Friday and Cyber Monday shopping. At London Stansted Airport (STN), November cargo volumes rose 12.3 percent year-over-year to 25,802 tonnes, while East Midlands