Cathay Pacific is looking to resume long-haul freighter destinations in Europe and the Americas starting June as Hong Kong’s travel restrictions and quarantine requirements continue to affect its business. In April, the airline carried 92,361 tonnes of cargo last month, up 26.3 percent compared to April 2021, but down 43.6 percent decrease compared with the same period in 2019. On the passenger side, Cathay Pacific carried a total of 40,823 passengers for the month, or around 1.3 percent of … [Read more...] about Cathay to resume long-haul cargo routes next month
Carriers
Singapore’s Scoot promotes Leslie Thng to CEO
Singapore Airlines’s low-cost carrier Scoot has named Leslie Thng as its incoming CEO effective 16 June 2022. Thng, who has been with the SIA Group for 23 years, was the CEO of Indian airline Vistara, a SIA-Tata Sons joint venture, between October 2017 and December 2021. He is currently SIA’s senior vice president of sales and marketing. He will take over the duties of predecessor Campbell Wilson, who will subsequently join Air India as its new CEO. Wilson, who joined SIA in April 1996, … [Read more...] about Singapore’s Scoot promotes Leslie Thng to CEO
Lufthansa orders 10 Boeing freighters worth US$3.9b
Lufthansa has set its course for growth with the group’s largest investment as the German airline ordered 10 Boeing widebody freighters, including three 777Fs and seven 777-8Fs, valued at around $3.9 billion. The first of the 777F aircraft, which could be acquired on the used market at short notice, is expected as early as July 2022. Two more brand-new B777Fs will follow at a later date. Lufthansa Group is also betting on seven new B777-8Fs, a technically enhanced freighter version … [Read more...] about Lufthansa orders 10 Boeing freighters worth US$3.9b
Qatar Airways to run children’s donation drive until 10 May
Press release Qatar Airways Cargo continues its commitment by launching Chapter 3 of its WeQare programme, "Let's Stand Together". Chapter 3 involves a big donation drive that seeks to gather donations for children from 26 April 26 to 10 May 2022. For this chapter, the company is organising a collection of in-kind donations for children. The donation drive focuses on three aspects: education, sports and fun, and the airline will collect study material (books, school bags, … [Read more...] about Qatar Airways to run children’s donation drive until 10 May
Despite soaring cargo revenue, ANA posts loss in 2021
ANA has recorded its highest ever international cargo revenue in a fiscal year as the airlines saw 328.7 billion yen in transactions, up 104.8 percent from that seen in the previous year. The Japanese airline attributed its strong performance in international cargo services to robust demand and a shift to air transport as a result of congestion in marine transport. ANA said it was able to fully utilise its freighter aircraft as it introduced new routes with the group’s Boeing 777F … [Read more...] about Despite soaring cargo revenue, ANA posts loss in 2021
Korean Air posts US$1.7b cargo revenue in Q1
Korean Air beat the previous quarter’s record operating profit as the airline posted revenue of KRW 2.8052 trillion (US$2.3168 billion) and an operating profit of KRW 788.4 billion (US$651.1 million) in the first quarter. The airline’s cargo flight operations pulled in revenue of KRW 2.1486 trillion (or US$1.7 billion) in the first quarter. Korean Air said it maximized revenue through increasing freighter operation rates and using grounded passenger jets on cargo routes. The airline noted … [Read more...] about Korean Air posts US$1.7b cargo revenue in Q1