Freight forwarders say they are not concerned by airline attempts to bypass them and form direct relationships with shippers. Speaking at the Freighters World conference in Chicago, a panel of freight forwarders responded to a report in the October issue of Air Cargo News that claimed IT solutions and the new
Air Cargo
African carriers register 29.4% y-o-y growth in freight volume in August
IATA hopeful on cargo yields as demand continues to soar As per the data, African carriers posted the largest year-on-year increase in demand of all regions in August with freight volumes growing 29.4 percent. This is a slight slowdown from July but still more than three times the five-year average pace
First passenger jet configured for cargo unveiled in Alaska
ANCHORAGE, Alaska (AP) — The first-ever passenger jet converted for cargo use was unveiled Monday in Alaska, and the arrival spells the end for a unique plane configured for the nation’s largest state. Alaska Airlines spent $15 million to convert three 737-700s to carry diverse cargo — everything from animals to
Red Star Express Records N7.3b Turnover, Declares Dividend
One of Nigeria’s leading logistics company, Red Star Express Plc, has posted a turnover of N7.3billion in the year under review which is ten percent (10%) higher than the preceding year. The profit before tax increased from N572million to N653million, while profit after tax also increased from N334.4million to N426.8million. The
Global air freight demand increases 13% as African carriers’ load grew 27.6%
...African carriers' largest year-on-year cargo increase The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew 12.7% in May 2017 compared to the year-earlier period. This was up from the 8.7% annual growth recorded in April 2017 and
Ghana to award Nigerian carriers 9th Freedom rights
The Ghanaian government has announced plans to further liberalize its Freedoms of the Air as President Nana Akufo-Addo’s administration seeks to bolster the country’s role as West Africa’s key aviation hub. While it already offers generous 5th Freedom traffic rights to multiple foreign carriers using AccraKotka International Airport, Deputy Minister of Aviation,
Ethiopian inaugurates second Addis Ababa cargo terminal
Africa’s largest cargo operator, Ethiopian Airlines, has inaugurated its Cargo Terminal-II facility at home hub Addis Ababa The ceremony was attended by Ethiopia’s prime minister, Hailemariam Desalegn, transport minister Ahmed Shide and Ethiopian Airlines Group chief executive Tewolde GebreMariam, along with participants from the ICAO Cargo Forum being held in Addis Ababa. Desalegn said: “Today,
Turkish Cargo launches freighter flights to Johannesburg and Madagascar
Turkish Cargo is launching scheduled Airbus A330 freighter flights to Johannesburg in South Africa and Madagascar, off the southeast coast of Africa. South Africa sees the majority of its exports going to European and the Americas. These generally consist of machinery, electronic equipment, chemicals and automotive parts. Madagascar exports a wide range of goods, mainly
Air cargo growth requires renewed commitment to Lomé Declaration
Implementation of the Lomé Declaration is a crucial lever for realising the technological innovation, regulatory reform and investment in infrastructure demanded by Africa’s tremendously promising growth in air cargo, declared the President of the ICAO Council, Dr. Olumuyiwa Benard Aliu. The key objective of the Lomé Declaration is the unobstructed flow
Air Safety in Africa Has Improved, IATA Regional Chief
…Improvement noticeable since the Abuja Declaration In a special interview granted Thisday Newspaper during the IATA AGM, held recently in Cancun, Mexico. Vice-President, International Air Transport Association, African Region, Raphael Kuchi declared that there has been significant improvement in air safety on the continent and urged a downward review of taxes