CAL Cargo Airlines has announced a new round-trip service from Atlanta to Liege, Belgium. The service includes two weekly rotations, ATL-LGG-ATL, with the first flight departing Liege on 25 Sept. CAL is servicing the Atlanta catchment area together with local GSA ATC Aviation. "CAL's fleet of B747-400 with nose door and team of specialty experts in DG, Pharma, Live animals and oversize/overweight goods combine to answer the unique needs of the Atlanta catchment area", said Eyal Zagagi, CEO … [Read more...] about CAL targets Atlanta catchment area with new B747 service
Airports
China slowdown feeds Asia Pac cargo contraction
Unlike the record high growth rates in global passenger numbers – up nearly eight per cent for the month of July – airfreight volumes were flat with respect to year-over-year growth for the month, according to the latest statistics from Airports Council International (ACI). A slowdown in key emerging markets such as China, as well as oil producing economies, translated into weakness in other sectors of the economy. The strong correlation between changes in air freight volumes and the business … [Read more...] about China slowdown feeds Asia Pac cargo contraction
15,000 to make way for Vietnam’s Long Thanh Airport
Nearly 15,000 residents in the southern province of Dong Nai will be re-settled to other areas to allow construction of Long Thanh Airport in Dong Nai Province, according to a report by the VNS news service. Site clearance compensation for the airport, to be located in Long Thanh District, will amount to a total of VND13.1 trillion (US$580 million), the Dong Nai People's Committee has said. Total land used by individuals and families in the project's area amounts to 1,970 ha, accounting for … [Read more...] about 15,000 to make way for Vietnam’s Long Thanh Airport
AirBridgeCargo begins B747-8F service to Singapore Changi
Changi Airport Group (CAG) has welcomed AirBridgeCargo Airlines (ABC) to Singapore Changi Airport, with its inaugural flight from Moscow, Russia arriving on 3 September. The international freighter carrier, which is part of Russia-based Volga-Dnepr Group, is launching twice-weekly Moscow-Singapore-Hong Kong-Moscow services with a B747-8F aircraft. ABC’s new services to Singapore establish Moscow as a new freighter city link for Changi Airport, and strengthen Changi Airport’s connectivity to … [Read more...] about AirBridgeCargo begins B747-8F service to Singapore Changi
Garuda back in the black with US$29.3m net profit
PT Garuda Indonesia (Persero) Tbk. has booked a US$29.3 million net profit in the first half of 2015, representing a 114.5 per cent jump over the same period last year, which was a negative US$201.3 million. Garuda said the performance growth – amidst the economic down turn – has been achieved through various initiatives by the carrier as part of its ‘Quick Wins’ programme, as well as a continuous efficiency strategy. Garuda Indonesia also succeeded in increasing its operating revenue to … [Read more...] about Garuda back in the black with US$29.3m net profit
Qantas posts best profit since before the GFC
Qantas today announced its strongest profit since before the Global Financial Crisis and an order for eight B787 aircraft, to be delivered from calendar year 2017 to gradually replace five older B747s to start a “new era” for Qantas International. For the 12 months to 30 June 2015, Qantas reported an Underlying Profit Before Tax of $975 million and a Statutory Profit Before Tax of $789 million. The underlying result is a turnaround of $1.6 billion compared with financial year 2014, including … [Read more...] about Qantas posts best profit since before the GFC