IAG Cargo has partnered with Finnair Cargo to increase the reach of their respective networks by entering into a block space agreement on freighter capacity operating between London Luton and Helsinki. Operated by an A300-600 cargo freighter, the new air bridge joins the two carriers’ networks together and will provide IAG Cargo customers with greater network reach. This is the second freighter deal signed by IAG Cargo since it moved to its pioneering outsourced capacity model in May 2014, … [Read more...] about IAG, Finnair sign freighter sharing deal

Turkish Airlines as a group has reported strong second-quarter and first-half figures for 2015 but the picture was less rosy for the carrier’s cargo division which saw revenue fall in both periods ending 30 June. Overall the carrier reported a quarterly net profit of US$253 million, outperforming Q2 of 2014, which had a net profit of $190 million while the first half of 2015 saw net profits jump to $406 million, compared to $88 million in the same period of 2014. But cargo revenue did not … [Read more...] about Turkish Cargo revenue down in first half 2015

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

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 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 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