Air Cargo Asia

CEB’s cargo revenues up by 15.7% in 1H 2014

by

Philippine carrier Cebu Pacific reported its net income for the first half of 2014 at PHP 3 billion (US$68.4 million), an increase from Php 257 million for the same period last year. Its Q2 2014 total revenues increased 33.7 per cent YoY to Php 14.95 billion.   Cargo revenues posted an increase of 15.7 per cent as CEB carried 37 million of kilos of cargo, an increase of 17.7 per cent for the same period last year. Ancillary revenues grew 27.4 per cent to P2.2 billion driven by 6.4 … [Read more...] about CEB’s cargo revenues up by 15.7% in 1H 2014

CEB’s cargo revenues up by 15.7% in 1H 2014

by

Philippine carrier Cebu Pacific reported its net income for the first half of 2014 at PHP 3 billion (US$68.4 million), an increase from Php 257 million for the same period last year. Its Q2 2014 total revenues increased 33.7 per cent YoY to Php 14.95 billion.   Cargo revenues posted an increase of 15.7 per cent as CEB carried 37 million of kilos of cargo, an increase of 17.7 per cent for the same period last year. Ancillary revenues grew 27.4 per cent to P2.2 billion driven by 6.4 … [Read more...] about CEB’s cargo revenues up by 15.7% in 1H 2014

AfriAg reports ‘excellent’ airfreight performance

by

A total of approximately 650,000 kg of perishable produce was air freighted by AfriAg SA—AfriAg's 40 per cent South African owned agri-logistics unit—for the first six-month period of 2014 from 1 January to 30 June, in what is typically the quietest half of the year for perishable airfreight. And it says the second half has commenced well with approximately 151,000 kg of perishables airfreighted for the month of July, being 247 per cent over July 2013 numbers. (Source: … [Read more...] about AfriAg reports ‘excellent’ airfreight performance

Lufthansa Cargo starts new freighter flights to Lagos

by

Lufthansa Cargo is integrating Lagos into its own network through twice-weekly freighter flights. From 15 September, a Lufthansa Cargo MD-11 freighter will take off from Frankfurt for the Nigerian city every Monday and Thursday. Lagos is an important destination for the oil and gas industry. Urgently required spare parts and equipment for oil production facilities can now be transported even faster to Nigeria, and with greater flexibility. A total of 170 tonnes of capacity will be … [Read more...] about Lufthansa Cargo starts new freighter flights to Lagos

AfriAg reports 'excellent' airfreight performance

by

A total of approximately 650,000 kg of perishable produce was air freighted by AfriAg SA—AfriAg's 40 per cent South African owned agri-logistics unit—for the first six-month period of 2014 from 1 January to 30 June, in what is typically the quietest half of the year for perishable airfreight. And it says the second half has commenced well with approximately 151,000 kg of perishables airfreighted for the month of July, being 247 per cent over July 2013 numbers. (Source: … [Read more...] about AfriAg reports 'excellent' airfreight performance

CEVA expands freight management facilities in Los Angeles

by

CEVA Logistics has expanded its Los Angeles (LAX)/Torrance freight management operation. One of the largest operations in CEVA’s global network, the company’s LAX/Torrance station now comprises three facilities totaling more than one million sq. ft. (92,903 sqm.) and 170 dock doors.  The latest facility to be added to the LAX/Torrance campus features 319,000 sq. ft. (29,635 sqm.) of warehouse space and 50,000 sq. ft. (4,645 sqm.) of office space, with 50 dock loading … [Read more...] about CEVA expands freight management facilities in Los Angeles