According to the latest update from the International Civil Aviation Organisation (ICAO) freight traffic - expressed in freight-tonne-kilometres (FTKs) - grew by +2.7 per cent year-on-year (YoY) in January 2016, +1.9 percentage points higher than the growth in December 2015. This is the highest growth observed since May 2015. Major freight markets continued to grow modestly, with Asia/Pacific growing by +1.3 per cent. Africa and Latin America/Caribbean contracted by - 1.4 per cent and - 3.6 … [Read more...] about Global FTKs grew by 2.7% in January, but momentum flat: ICAO
Leasing & Chartering
Volga-Dnepr, Chapman move equipment for Malaysian power station
A 19-tonne portable welding system was part of a shipment delivered to Malaysia by Volga-Dnepr Airlines and air charter specialists Chapman Freeborn to support restoration work at one of the country’s biggest electricity power stations.The IL-76TD-90VD freighter flight operated to Bintulu, Malaysia, from Jakarta in Indonesia. The welding equipment and other cargo was required to repair a malfunction of the main rotor at one of energy companies’ power stations which provides electricity for … [Read more...] about Volga-Dnepr, Chapman move equipment for Malaysian power station
Chinese New Year confirms air cargo slide in Asia Pacific: WorldACD
Air cargo’s difficult start to 2016 was extended into February with worldwide volumes declining by 3.8 per cent year-on-year (YoY), the largest YoY volume drop in three years, according to the latest analysis by WorldACD Market Data. The origins Asia Pacific and North America were the main culprits with January/February together seeing these destinations posting YoY volume decreases of more than 7.0 per cent. Africa, Europe and Middle East & South Asia each posted around 5.0 per cent … [Read more...] about Chinese New Year confirms air cargo slide in Asia Pacific: WorldACD
Cabot Aviation delivers second Kenya Airways B777
Cabot Aviation, a division of Air Partner and a leading aircraft remarketing agent, is pleased to announce that the second former Kenya Airways B777-200ER has been delivered to Omni Air International, a US based airline providing global passenger ACMI, wet lease and charter programmes. The aircraft was originally delivered to Kenya Airways in 2004 and was operated by the airline on its scheduled routes - especially the long haul routes to Asia and Europe. The aircraft is powered by … [Read more...] about Cabot Aviation delivers second Kenya Airways B777
Atlas Air gives ‘satisfaction’ as Rolling Stones rock Cuba
Atlas Air, a unit of Atlas Air Worldwide Holdings, Inc. played a behind-the-scenes role in a bit of geo-political rock and roll history on 19 March when they provided essential cargo lift to help The Rolling Stones perform in Havana, Cuba. An Atlas B747-400 freighter carried 97 tonnes of staging and musical equipment from Mexico City to Havana, with a stop at Miami International Airport. It was the first commercial charter operation of its kind by a US-based carrier. “With our global reach … [Read more...] about Atlas Air gives ‘satisfaction’ as Rolling Stones rock Cuba
Atlas Air gives ‘satisfaction' as Rolling Stones rock Cuba
Atlas Air, a unit of Atlas Air Worldwide Holdings, Inc. played a behind-the-scenes role in a bit of geo-political rock and roll history on 19 March when they provided essential cargo lift to help The Rolling Stones perform in Havana, Cuba. An Atlas B747-400 freighter carried 97 tonnes of staging and musical equipment from Mexico City to Havana, with a stop at Miami International Airport. It was the first commercial charter operation of its kind by a US-based carrier. “With our global reach and … [Read more...] about Atlas Air gives ‘satisfaction' as Rolling Stones rock Cuba