IAG Cargo, the cargo division of International Airlines Group (IAG) has released its financial results for the first half of 2023, reporting revenues of €603 million, or around US$660 million. This represents an 8.5 percent jump compared to the same period before the pandemic in 2019 but a 28.5 percent dive year-on-year. Yields for the first half were down from the same period last year, tonnage was up 6.5 percent and 15.3 percent lower in comparison to H1 2019. IAG … [Read more...] about IAG Cargo’s tonnage up in H1 as rates slide
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Atlas Air welcomes 2nd freighter for MSC Air Cargo
Atlas Air took delivery of a Boeing 777-200 Freighter on 20 July, which it will operate on behalf of customer MSC Mediterranean Shipping Company SA, as part of a previously announced long-term ACMI (aircraft, crew, maintenance, insurance) agreement. This is the second of four B777-200 freighters that Atlas Air will operate for MSC, which will complement its existing weekly service. The company offers around-the-world service to airports in Mexico City (NLU), Indianapolis (IND), Liege (LGG), … [Read more...] about Atlas Air welcomes 2nd freighter for MSC Air Cargo
China Airlines touches down in Prague
China Airlines is expanding its network to Europe as the carrier deployed its A350 aircraft on a new route connecting Taiwan to the Czech Republic. The inaugural flight CI067 from Taipei to Prague route saw China Airlines President Kao Shing-Hwang arrive in Prague on 19 July after a non-stop service that lasted 13.5 hours. Prague Airport celebrated the arrival with the traditional water salute ceremony, which also marked the inauguration of the CI068 service on the return trip to … [Read more...] about China Airlines touches down in Prague
GEODIS India celebrates 25th anniversary
GEODIS is celebrating its 25th anniversary in India this year where the company serves over 7,000 customers, from a wide range of industries, with the help of its staff of 450 in 20 sites across the country. For 25 years, the freight forwarder has made key investments in India’s economy to support various business sectors, including automotive, FMCG, healthcare, high technology, industrial and retail. GEODIS has also attained certifications, such as the Investors in People accreditation, IATA … [Read more...] about GEODIS India celebrates 25th anniversary
Singapore, Japan to collaborate on green air lanes
A recent dialogue saw a mutual agreement between Singapore and Japan’s aviation authorities to work together towards initiating greener air lanes between the two countries. At the 2nd Singapore-Japan Dialogue on Aviation Collaboration, the Civil Aviation Authority of Singapore (CAAS) and the Japan Civil Aviation Bureau (JCAB) shared the same view that the concept of an ‘aviation green lane’ should encompass airline operations, airport processes and air traffic management (ATM). The two are … [Read more...] about Singapore, Japan to collaborate on green air lanes
Qatar Airways taps PROS for optimal pricing
Qatar Airways Cargo is empowering its online channels with real-time personalised dynamic pricing for air freight bookings with PROS Smart Price Optimization and Management. The AI-powered optimisation solution models improve win rates by personalising the price offering and maximising sales. This means customers can now receive real-time, reliable, and personalised pricing with each shipment requested via Digital Lounge, marketplaces and host-to-host integrated connections, enabling them to … [Read more...] about Qatar Airways taps PROS for optimal pricing
