Fueled by existing orders for new aircraft, Dubai's Emirates SkyCargo will grow the number of flights across its network by 14 per cent this year and increase cargo capacity by 17 per cent. Weekly cargo capacity will increase by approximately four per cent to Australia, 10 per cent to Europe, 17 per cent to the Middle East, 15 per cent to Africa. The additional capacity will see more than 700 tonnes of cargo capacity added to the Emirates SkyCargo fleet. Capacity to the US will grow eight per … [Read more...] about SkyCargo grows cargo capacity by 17%
Carriers
Five die in Aerolift AN-12 crash
Five people - four Belarusians and a Ukrainian have died after a South Africa-based Aerolift company's Antonov An-12 plane crashed in Egypt on flight from Uganda to Ukraine, the Ukrainian Transportation Ministry said. … [Read more...] about Five die in Aerolift AN-12 crash
Thai aircargo plummets 50% in Jan
Air cargo volumes in Thailand slumped by almost 50 per cent in January as the global financial crisis continued to hurt exports. Total outbound cargo in the final three months of 2008 fell to 107,249 tonnes, compared with 140,074 tonnes a year earlier, Dow Jones reported. "The January figures were worse than what we expected with outbound volume falling by almost 50 per cent from a year earlier," said Kasem Jaliyawatwong, president of the Thai Airfreight Forwarders Association. Thailand's air … [Read more...] about Thai aircargo plummets 50% in Jan
Thai Airways foresees tumbling revenue and profit
Thai Airways International foresees revenue falling 18 per cent this year, from Bt220 billion (US$6.2 billion) to Bt180 billion, due to the economic turmoil. Board chairman Surachai Tansitpong said the airline planned to reduce annual operating costs 5-10 per cent, with an immediate 3 per cent cut which will save about Bt6 billion alone. The company waived annual commission payments and froze salary adjustments in last year¡¯s budget. THAI is expected to post a net loss of more than Bt10 … [Read more...] about Thai Airways foresees tumbling revenue and profit
Air France-KLM Cargo takes delivery of 777F
Amid the doom and gloom of an industry hemorrhaging at the hands of a worsening global economic crisis, launch customer Air France took delivery of the first of Boeing's new 777 freighter this week. "I think it's very important that we could get and could operate a more efficient product" in light of the "crisis" facing the airline industry, said Pierre Vellay, executive vice president for new aircraft for Air France. Air France, along with a handful of other airlines, played an active role in … [Read more...] about Air France-KLM Cargo takes delivery of 777F
Cargoitalia makes binding offer for Alitalia Cargo
Italy's Alitalia Cargo, a subsidiary of the country's former national carrier and Europe's seventh-largest air freight operator last year, may be sold to Cargoitalia, a private Italian all-cargo carrier that has made a binding offer of €14.5 million for the company's five MD-11 freighters. Cargoitalia says the sale must be completed by 9 March and if it is, it will hire 15 pilots within one month of closing the deal and another 15 pilots for each MD-11 that enters its fleet over the next two … [Read more...] about Cargoitalia makes binding offer for Alitalia Cargo
