The International Air Transport Association (IATA) released figures for global air freight markets showing cargo volumes measured in freight tonne kilometers (FTKs) expanded 2.2 per cent in 2015 compared to 2014. This was a slower pace of growth than the 5.0 per cent growth recorded in 2014. The weakness reflects sluggish trade growth in Europe and Asia-Pacific, IATA said. After a strong start, air freight volumes began a decline that continued through most of 2015, until some improvements to … [Read more...] about Get used to "new normal" of cargo growth warns IATA
Carriers
Singapore Airlines’ first A350 XWB takes to the sky
The first A350-900 for Singapore Airlines completed its maiden flight over the skies of South West France yesterday. The aircraft will now enter the final phase of production, including further ground checks and test flights, before being prepared for delivery in the coming weeks. The all-new A350 XWB will form the backbone of Singapore Airlines’ future mid-size widebody fleet. Altogether the airline has ordered 67 A350-900s which will be operated on long range flights, as well as on selected … [Read more...] about Singapore Airlines’ first A350 XWB takes to the sky
World’s newest all-cargo carrier, CargoLogicAir (CLA) takes off
The world’s newest all-cargo airline, UK-based CargoLogicAir (CLA) has been awarded an Air Operator Certificate (AOC) by the UK Civil Aviation Authority. Headquartered at London’s Stansted Airport, CLA - backed by the Volga-Dnepr group - is an independent airline with its own executive and management team and fleet. CargoLogicAir aims to become a leader in the European air cargo market offering cargo services on scheduled and charter flights. The airline - which has taken delivery of its … [Read more...] about World’s newest all-cargo carrier, CargoLogicAir (CLA) takes off
Cathay Pacific group rebrands Dragonair as Cathay Dragon
The Cathay Pacific Group has rebranded its wholly owned sister airline Dragonair, as Cathay Dragon. The two will remain as separate airlines, operating under their own licenses. Cathay said that by more closely aligning the two brands the group will capitalise on Cathay Pacific’s high international brand recognition and leverage on Cathay Dragon’s unique connectivity into Mainland China – one of the world’s fastest-growing business and leisure travel markets. Since Dragonair became a … [Read more...] about Cathay Pacific group rebrands Dragonair as Cathay Dragon
Asia Pacific carriers eek out 1.6% cargo growth in 2015: AAPA
Preliminary traffic figures for the full calendar year 2015 released by the Association of Asia Pacific Airlines (AAPA) showed growth in both international air passenger and air cargo markets. For the year under review, the region’s airlines registered a 1.6 per cent increase international air cargo demand for the year, measured in freight tonne kilometres (FTK). The minimal growth for the year reflects the slowdown in global trade conditions, the AAPA noted. Offered freight capacity … [Read more...] about Asia Pacific carriers eek out 1.6% cargo growth in 2015: AAPA
FCS Frankfurt Cargo Services garners SIA Cargo handling renewal
FCS Frankfurt Cargo Services and Singapore Airlines Cargo have renewed the carrier’s cargo handling contract. Hans-Georg Emmert, managing director of FCS said: “We are very pleased that Singapore Airlines, one of Asia’s leading airlines, has decided to extend its contract with FCS Frankfurt Cargo Services for providing landside cargo handling services at Frankfurt Airport. "This extension of the handling contract clearly underscores Singapore Airlines Cargo confidence in FCS, especially our … [Read more...] about FCS Frankfurt Cargo Services garners SIA Cargo handling renewal