Virgin Australia will launch its own cargo service from 1 July following the end of its current contract with the Toll Group on 30 June. The launch of Virgin’s own cargo service will bring it in direct competition with Toll – now owned by Japan Post – and Qantas in the air-freight market. Virgin has a strategy team in its Sydney office that concentrates on freight with the company currently targeting revenue between US$150 million and US$200 million from its cargo business by … [Read more...] about Virgin Australia to launch own cargo business
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Garuda increases Jakarta-AMS frequency
Garuda Indonesia will reduce its flights between Jakarta and London Gatwick in favour of additional flights to Amsterdam. Operated with B777-300ER aircraft, the airline will increase flight frequency of the Jakarta-Amsterdam route from five times to six times a week starting from 11 July 2015. The additional frequencies are part of the airline’s efforts to meet rising market demands and to strengthen its presence in the international market, especially in the European region, the … [Read more...] about Garuda increases Jakarta-AMS frequency
Finnair lays terminal cornerstone, becomes first CEIV airline
Finnair Cargo has received certification under IATA’s Centre of Excellence for Independent Validators in Pharmaceutical Logistics program (CEIV Pharma). Finnair joined the programme under the successful Brussels Airport CEIV Pharma Community approach, as Brussels is Finnair Cargo's 2nd hub. Pharmaceuticals such as vaccines and biotech medicines are among the most delicate products transported as air cargo, and therefore, it is essential to ensure their transport follows a global … [Read more...] about Finnair lays terminal cornerstone, becomes first CEIV airline
Cargo growth has “come off the boil”: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has “come off the boil”: IATA
Cargolux adds Turkmenbashi to its network
Cargolux has begun operating four weekly flights to Turkmenbashi, Turkmenistan - two from Luxembourg and two from Hong Kong from 29 June. Turkmenbashi becomes Cargolux’s fifth destination in Central Asia, together with Baku, Novosibirsk, Almaty and Tbilisi. The new commercial Cargolux services connect Turkmenistan to the airline’s worldwide network of 90 destinations. Cargolux will also cooperate with Turkmenistan Airlines to enhance the number of cargo destinations … [Read more...] about Cargolux adds Turkmenbashi to its network
Cargo growth has "come off the boil": IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has "come off the boil": IATA
