Lufthansa Cargo ended 2022 with another record finish as revenue jumped 22 percent from last year at 4.6 billion euros (3.8 billion euros in the previous year). In cargo, sales were flat at 7.2 billion freight tonne kilometers from the previous year but Lufthansa enjoyed strong yields. Yields in all traffic routes were 21 percent higher than the previous year and up 136 percent above the level seen in 2019 before the pandemic, a record level in its history. With the resumption of numerous … [Read more...] about Lufthansa Cargo continues hot streak in 2022
Carriers
IAG Cargo sets fees for paper air waybills in April
Starting 3 April, IAG Cargo will introduce a charging fee of £10 for paper air waybills (AWB) to encourage adoption of the electronic version or eAWB. The cargo division of the International Airlines Group introduced the eAWB as part of a ‘Destination Digital’ strategy to transform the business digitally. So far, nearly 50 percent of customers already use eAWB, and IAG Cargo is targeting an adoption rate of 100 percent by the end of 2023. IAG said the industry has relied on paper … [Read more...] about IAG Cargo sets fees for paper air waybills in April
Silk Way West adds flights to Damman, Tashkent
Silk Way West Airlines is expanding its network in the Middle East and Central Asia with regular cargo flights to and from the Saudi Arabian city of Dammam, as well as to and from Tashkent, the capital of Uzbekistan. These scheduled routes operate twice a week and will enable direct air freight connections from Heydar Aliyev International Airport (GYD) in Baku to Dammam (DMM) and Tashkent (TAS) international airport, considered main cargo gateways in their respective regions. The airline … [Read more...] about Silk Way West adds flights to Damman, Tashkent
New JV to set up airframe MRO facility at Ezhou
ST Engineering is looking to establish its presence in Asia Pacific after it announced a joint venture with Chinese cargo carrier SF Airlines. The company’s commercial aerospace business and SF Airlines have agreed to set up a commercial airframe maintenance, repair and overhaul (MRO) joint venture in China’s Hubei province. The two plan to operate a ‘greenfield’ airframe MRO facility at the Ezhou Huahu Airport which is designated as Hubei’s international logistics hub airport. The joint … [Read more...] about New JV to set up airframe MRO facility at Ezhou
Teleport sets eyes on Australian exports with Wexco
ECS Group’s Australian subsidiary Wexco Group has closed a contract with Teleport, the logistics venture of Capital A, to sell the belly capacity originating from Australia and New Zealand for three airlines under the AirAsia Group. The airlines include AirAsia X, Thai AirAsia X, and Indonesia AirAsia. The contract puts Wexco in charge of filling a total of 43 flights per week out of Sydney (SYD), Perth (PER), and Melbourne (MEL), with an average weekly uplift of 120 … [Read more...] about Teleport sets eyes on Australian exports with Wexco
Saudia and WFS seal cargo handling deal
In a landmark deal, Saudia Cargo and Worldwide Flight Services have signed a cargo handling contract that extends across key airport gateways in Europe and the US, a press release dated 24 January stated. The contract with WFS, which officially started on 1 February, covers services at several stations in Amsterdam, Frankfurt, Paris, London, Manchester, Brussels, New York, and Washington. The European airside services provider expects to handle over 160,000 tonnes each year for Saudia Cargo, … [Read more...] about Saudia and WFS seal cargo handling deal