CNS 2016: Atlas’ Flynn focuses on air traffic control at CNS

NASHVILLE — Just days after signing a US$110 million deal to purchase Southern Air Holdings, William J. Flynn, president and CEO of Atlas Air Worldwide Holdings, made the odd choice of focusing on the state of air traffic control in the United States as the main topic of his keynote address at the CNS Partnership […]
  • Randy Woods
  • April 12, 2016

Buoyant Kiwis enjoy high yields, but can it last?

Don’t look now, but Air New Zealand (ANZ) is in expansion mode. In early March, the airline announced the resumption of flights to Osaka this coming November, ending a three-year hiatus that began when its Japan flights were consolidated in Tokyo during a weak market. The announcement came not long after the launch of new […]
  • Ian Putzger
  • April 6, 2016

Airfreight dives in Asia – should we panic?

The Association of Asia Pacific Airlines published February international traffic results and, for cargo, the news is bleak, down 12 percent, year-over-year. But as David Harris points out, from sister publication Cargo Facts, data from January and February are often skewed by the timing of the Chinese New Year – especially compared y-o-y during the […]
  • David Harris
  • March 31, 2016

FAA: Air cargo to grow 3.5 percent annually through 2036

The U.S. Federal Aviation Administration (FAA) posted a bright outlook in its annual market review and forecast, noting that it expects total air cargo traffic, measured in revenue tonne kilometers (RTKs), to grow by 4.5 percent in 2016, followed by stable growth averaging 3.5 percent over the next 20 years. Its projections are based on […]
  • Charles Kauffman
  • March 29, 2016

Stifel Confidence Index bearish compared to 2015

In spite of a slight month-to-month rise of 0.5 points, the March edition of the Stifel Logistics Confidence Index fell 9.3 points, year-over-year, compared with March 2015. However, it is important to note that in 2015, airfreight confidence was exceptionally high, given the continued impact of the U.S. West Coast port strikes. Three quarters of […]
  • Charles Kauffman
  • March 28, 2016

Cargolux’s dual-hub strategy pays off

If Cargolux’s 2015 full-year results are a reliable indicator, the carrier’s much-debated dual hub strategy has paid off handsomely. In a year in which the cargo arms of many airlines struggled, Cargolux posted record volume and sharply increased profit, and continued to add freighters to its fleet. Check out the analysis of these latest numbers by […]
  • David Harris
  • March 24, 2016

WCS 2016: ICAO’s Dr. Liu projects notable air cargo growth through 2030

BERLIN — While the chief aim in the freight business is to move as much cargo as possible, the International Civil Aviation Organization (ICAO) is in existence to make sure it’s done as safely as possible — and that is despite some notable growth in air cargo expected through 2030, said ICAO Secretary General, Dr. […]
  • Randy Woods
  • March 15, 2016

Profits improve for K+N on strength of airfreight

Like its fellow Swiss-based rival Panalpina, freight forwarder Kuehne + Nagel ended up with a tidy profit at the end of 2015, in spite of a stagnant cargo market. But unlike Panalpina, which saw a 2.5 percent decline in air cargo volume, K+N’s success came largely from a 4.7 percent increase in airfreight demand top […]
  • Randy Woods
  • March 4, 2016

Panalpina sees small profit amid 2015’s soft market

Although global freight forwarder and logistics company Panalpina suffered a drop in revenue, from $6.73 billion to US$5.88 billion in 2015, the Swiss company’s EBIT moved edged up from $117.1 billion to $117.6 billion at the close of last year, while net profit rose slightly to $88.5 billion from $86.79 billion in 2014. These results […]
  • Staff Reports
  • March 4, 2016

Brussels’ January pax traffic expands at expense of cargo

Brussels Airlines reported strong results from January, with passenger traffic rising by 8.5 percent, compared to the same month last year, along with a load factor that improved by 7.8 percentage points, year-over-year. The bump in traffic, however, did not translate to belly cargo, as the Belgian carrier saw a 15.7 percent, y-o-y, decline in […]
  • Randy Woods
  • February 25, 2016

AF-KLM finds black ink, but cargo losses mount

It’s been a long, hard climb back to overall profitability for Air France-KLM, which reported a 2015 net income of €118 million, compared to its €225 million loss in the strike-plagued 2014 – its first annual net profit since March of 2011. However, cargo figures continued to show declines, with revenue tonne kilometers (RTKs) dropping […]
  • Randy Woods
  • February 22, 2016

FTA launches airfreight working group in U.K.

With increasing concern over airport capacity in southeastern England, the Freight Transportation Association (FTA) is launching a new Air Freight Working Group to help shape the future of the U.K. logistics sector. Airfreight being a crucial part of the U.K.’s logistic plan, as well as the wider economy, FTA said the new group will be […]
  • Staff Reports
  • February 22, 2016

Liberalization of African skies may finally arrive in 2017

It’s been a long time coming, but it appears that liberalization may finally be coming to the skies over Africa, but perhaps not until next year. This was the assessment by an aviation lobbying group called the African Airlines Association (AFRAA), which told the Chinese Xinhua news service that significant progress has been made on […]
  • Randy Woods
  • February 18, 2016

World ACD: Top forwarders lose market share in 2015

While worldwide air cargo volume increased by about 2 percent in 2015, the latest figures from WorldACD Market Data said the top 20 freight forwarders lost some market share for the year, dropping from 44.5 percent to 43 percent in terms of revenue, and from 43 to 42 percent in terms of volume. The Amsterdam-based […]
  • Randy Woods
  • February 17, 2016
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