IAG Cargo has announced a significant extension of its capacity partnership with Qatar Airways, one year on from the signing of their landmark freighter deal. In addition to an indefinite contract extension, IAG Cargo and Qatar Airways have created what they say is one of the broadest collaborations in the cargo industry by expanding the number of destinations the deal covers to nine routes. A new Shanghai to Madrid service and a new feed from Islamabad to the IAG Cargo network have launched, … [Read more...] about IAG, Qatar extend capacity partnership
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IAG sees Q2 revenue up, yields down 3%
IAG Cargo today announced its Q2 results from 1 April to 30 June 2015, reporting an 8.8 per cent increase in commercial revenue to €259 million versus the same period last year. IAG Cargo’s revenue growth comes during a period of network expansion, with a capacity increase of 2.1 per cent. Freight volume also dipped by 1.4 per cent to 214,000 tonnes. IAG said that in the second quarter, challenging market conditions placed pressure on yields which decreased 3.0 per cent at constant … [Read more...] about IAG sees Q2 revenue up, yields down 3%
Swiss, Lufthansa rejig rate structure
Swiss WorldCargo and Lufthansa Cargo have announced a rejigging of their pricing structure which will see overall pricing remaining the same. Opting not to take the all-in rate route that a number of airlines have moved to, Swiss and Lufthansa said that as of 25 October 2015 the pricing of both airlines will consist of two components: A net rate and an ‘Airfreight Surcharge’. As a result, the different surcharges currently in place, i.e. for fuel and security, will be eliminated. As the new … [Read more...] about Swiss, Lufthansa rejig rate structure
Qatar expands network in Africa, Indian Subcon
Qatar Airways is continuing its rapid growth across Africa and the Indian Sub-Continent with an increase in flight frequencies to Asmara, Eritrea, and to Dhaka, Bangladesh. From 7 September 2015, flights from Doha to Asmara will be increased from four to five times per week, representing a 25 per cent increase in capacity and enhanced connectivity, in particular for customers from North America and Europe. And on 9 December 2015, flights from Doha to Dhaka, Bangladesh operated with A330-300 … [Read more...] about Qatar expands network in Africa, Indian Subcon
Emirates announces new service to Panama City
Emirates has announced plans to launch services to Panama City (Tocumen International Airport (PTY)), beginning 1 February 2016. The new service will be the longest non-stop flight in the world (17 hours 35 minutes in the Westbound direction) and will be Emirates’ first gateway destination in Central America. Service to Panama City, Panama’s capital and largest city by population, will commence with a daily flight operated by a B777-200LR aircraft with up to 15 tonnes of cargo. Key imports to … [Read more...] about Emirates announces new service to Panama City
Oman Air, Cargolux add 2nd India freighter
Oman Air and Cargolux, who launched a strategic partnership in April 2015, will be introducing a second frequency to Chennai from 11 August 2015. The addition of Chennai to the Oman Air Cargolux network is the cooperation’s latest step in expanding its air freight services from Oman to India. The cooperation was established to enable Oman Air and Cargolux to jointly access new freighter destinations and contribute to the development of Oman’s logistics hub. It will allow Cargolux to utilise … [Read more...] about Oman Air, Cargolux add 2nd India freighter