The Stifel Logistics Confidence Index for July has made a slight gain in July but continues the month-by-month fluctuations that have been occurring through much of this year. Since February the overall Index (air and sea freight combined) has increased one month and then declined the next reaching its high so far this year in May at 57.9. For the current month, the index is up 0.9 points over June to 56.1. The overall air freight confidence index has yet to return to this year’s high … [Read more...] about Air freight confidence up slightly in July
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Cargolux welcomes 10th B747-8 freighter
Cargolux Airlines International will take delivery of its 10th B747-8 freighter from Boeing on 25 July. The aircraft, named ‘City of Contern’, is scheduled to leave Boeing’s Paine Field in Seattle on 24 July and after stopovers at Seattle Tacoma and Calgary, where the new freighter picks up a load of cargo, it will arrive in Luxembourg on 25 July. "The delivery of the 10th 747-8F has helped us bring down the average age of our fleet - already one of the youngest in the … [Read more...] about Cargolux welcomes 10th B747-8 freighter
Malaysia Airlines releases MH17 cargo manifest
Malaysia Airlines has released the cargo manifest and air waybill for its flight MH17, the B777-200 extended range aircraft that crashed in eastern Ukraine on 17 July. There is no indication that any of the cargo could have caused a catastrophic failure of the aircraft, lending credence to the theory that it was shot down with a missile. The cargo included animals, with two dogs, birds, pigeons and chickens; TNT Express and DHL Global Forwarding courier goods; aircraft and helicopter … [Read more...] about Malaysia Airlines releases MH17 cargo manifest
Singapore rolls out slew of initiatives to boost Changi hub
The Civil Aviation Authority of Singapore (CAAS) is rolling out more initiatives to bolster and grow the Singapore air hub amidst an increasingly competitive environment and limited manpower resources. A key thrust is focused on increasing productivity at Changi Airport. To drive transformative productivity improvements across various facets of Changi Airport’s operations, CAAS is launching an Airport Productivity Package, with S$100 million (US$80 million) up to 31 March 2018. Two new … [Read more...] about Singapore rolls out slew of initiatives to boost Changi hub
ACC3 deadline is here
The deadline for compliance with the European Union’s ACC3 (Air Cargo or Mail Carrier operating into the Union from a Third Country Airport) requirement has now passed on 1 July, meaning any carriers who do not gain accreditation for their overseas cargo facilities will be banned from transporting cargo to any EU airport. The ACC3 requirement impacts an estimated 3,000 cargo stations at airports outside the EU together with some 2,000 regulated agents and known consignors. According to the … [Read more...] about ACC3 deadline is here
May cargo figures see continued growth: AAPA
Preliminary traffic figures for the month of May released by the Association of Asia Pacific Airlines (AAPA) showed healthy growth in demand for both air freight and international passenger markets. International air cargo demand in freight tonne kilometres increased by 4.7 per cent in May, with export shipments by air to the US and Europe having gained momentum, AAPA said. Offered freight capacity registered a four per cent increase. As a result, the average international freight load … [Read more...] about May cargo figures see continued growth: AAPA
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