Despite the precipitous declines of the past few months, Emirates SkyCargo is predicting a recovery in cargo volumes in the last quarter of 2009. "The dramatic fall was in November and December," said Emirates SkyCargo senior vice president Ram Menen. "There will be stability in the next four to five months and some semblance of growth in the last quarter of 2009," he told reporters Dubai recently. While global freight volumes were 22.1 per cent below their 2008 levels for February, according to … [Read more...] about Emirates predicts cargo recovery starting from 3Q
Carriers
Shake-up at Air Canada with new CEO
Stung by a C$1.03 billion ($824.3 million) loss in 2008 and the pending dissolution of parent company ACE Aviation Holdings, Air Canada surprised the market with the announcement it was undertaking a major restructuring that includes the resignation of president and CEO Montie Brewer. Brewer, who joined AC as an executive VP in 2002 and was elevated to the top job in 2004, will be succeeded by Calin Rovinescu. Rovinescu served as executive VP-corporate development and strategy at AC between 2000 … [Read more...] about Shake-up at Air Canada with new CEO
Redoubt ash disrupts Anchorage flights
Volcanic activity at Mount Redoubt - about 180 kilometres southwest of Anchorage, Alaska - since 22 March has seen eruptions sending plumes of steam and ash up to 50,000 feet skyward forcing some air cargo flights destined for technical stops at Ted Stevens Anchorage International Airport to be diverted elsewhere. The last time Mount Redoubt erupted, in December 1989, the mountain shot ash more than 12,000 metres high and caught a KLM Royal Dutch Airlines flight in its plume, shutting down all … [Read more...] about Redoubt ash disrupts Anchorage flights
Emirates takes delivery of first B777 Freighter
Emirates SkyCargo has taken delivery of its first Boeing 777 Freighter, making it the second carrier to begin operating the newest generation freighter on the market, after Air France-KLM Cargo took delivery of its first in late February. The freighter arrived in Dubai after completing its inaugural commercial flight from Hong Kong. The carrier took delivery of the new-generation freighter at Boeing’s Everett, Washington facility and from there it went directly to Hong Kong where it … [Read more...] about Emirates takes delivery of first B777 Freighter
Jin Air to begin international routes soon
Jin Air, the premium short-haul carrier established in 2008 by Korean Air, will start its inaugural international flights in October this year to cities in China and Thailand. … [Read more...] about Jin Air to begin international routes soon
Aeroflot-Cargo new HK–Mumbai service
Aeroflot-Cargo has announced a new Hong Kong – Mumbai service which will be a part of rotation Hahn – Moscow – Hong Kong – Mumbai – Moscow – Hahn. Aeroflot-Cargo is now holding traffic rights for every segment on this route and the flights are to be operated by freighter aircraft MD-11F with a capacity exceeding 90 tonnes. Aeroflot-Cargo said the introduction of main deck capacity was due to the suspension of regular passenger … [Read more...] about Aeroflot-Cargo new HK–Mumbai service