The International Air Transport Association (IATA) released data for global air freight markets showing a strong increase in air cargo in July. Compared to July 2013, freight ton kilometres (FTKs) rose 5.8 per cent. This is an acceleration in growth from June when cargo demand grew at less than half that rate (2.4 per cent). The strong growth mirrors positive developments in some key regional economies. After a slowdown at the start of the year, global business confidence and trade are showing … [Read more...] about IATA: July air freight markets rise strongly
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Asia Pac carriers see continued cargo growth
Preliminary traffic figures for the month of July released today by the Association of Asia Pacific Airlines (AAPA) show continued growth in both air freight demand and international passengers. Asia Pacific airlines saw a 6.4 per cent growth year-on-year in air freight demand supported by what the AAPA described as "encouraging growth in demand for exports from major regional manufacturing hubs". In an encouraging sign, for the third consecutive month, the expansion in capacity … [Read more...] about Asia Pac carriers see continued cargo growth
SkyCargo adds LA to maindeck network
Emirates SkyCargo, the freight division of Emirates, has added Los Angeles to its network of freighter destinations across the US with the start of a weekly service, joining Chicago, Atlanta and Houston in Emirates SkyCargo’s US freighter network. In addition to freighter flights, Emirates SkyCargo also has belly-hold cargo services to Los Angeles, Chicago, Houston, New York, San Francisco, Seattle, Washington D.C., Boston and Dallas. “We have a network of ten key cities across the … [Read more...] about SkyCargo adds LA to maindeck network
Iceland volcano threatens Eyjafjallajökull repeat
The Icelandic Met Office in mid-August raised its aviation alert level to ‘orange’ as a result of activity in the Bardarbunga volcano, following a major earthquake, the largest in the area since 1996. On the five-color scale, orange sits one level below red, which denotes an active eruption, or one that is imminent. The 25km-wide volcano sits beneath Europe’s largest glacier and rises about 1,890 metres sea level. The warning will ensure that airlines flying … [Read more...] about Iceland volcano threatens Eyjafjallajökull repeat
UPS Capital names Ronald Chang as president
Ronald Chang, currently vice president of UPS Capital Corporation, has been named president of UPS Capital. This business unit of UPS enables smarter trade through cargo and parcel insurance, trade finance and payment services. Chang succeeds Bob Bernabucci, who will retire from the company after 41 years. "We are grateful to Bob for his loyal service and contribution to our company," said Kurt Kuehn, UPS chief financial officer. "He's built a strong portfolio of products for UPS Capital which … [Read more...] about UPS Capital names Ronald Chang as president
Boeing Shanghai redelivers B737-400 Freighter conversion
Boeing Shanghai Aviation Services Co., Ltd., (Boeing Shanghai) has redelivered the third of three B737-400 passenger-to-freighter conversions to Hainan Airlines and Yangtze River Express, both subsidiaries of the HNA Group. The modification was conducted under the Supplemental Type Certificate held by Aeronautical Engineers, Inc. (AEI). With this redelivery Boeing Shanghai will have completed five conversions at their facility, which is strategically located at Shanghai’s Pudong … [Read more...] about Boeing Shanghai redelivers B737-400 Freighter conversion
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