Cargoitalia has reported a continuing improvement in performance for the first six months of operations in 2010, building on the strong start made in its first four months of operations, it said. From January-June 2010, the airline operated scheduled services on three routes: Milan (Malpensa) – New York (JFK), Milan - Chicago, and Milan - Dubai - Hong Kong, during which Cargoitalia flew a total of 173 rotations including charter flights. Average monthly utilisation was up 60 per cent … [Read more...] about Cargoitalia continues its cargo roll
air cargo freight
Ethihad takes delivery of first A330-200 freighter
Etihad Crystal Cargo recently received its first A330-200 freighter aircraft. Etihad is the launch customer of the A330-200 freighter aircraft, which will enter service in September. The carrier said its new A330-200 freighter – which can carry up to 64 tonnes of cargo and can fly up to 7,400 kilometres non-stop – will allow it to increase frequencies and build its presence in the high-growth European and Asian freight markets, in particular China. Etihad will take delivery … [Read more...] about Ethihad takes delivery of first A330-200 freighter
Still some turbulance in Japan’s air cargo sector
A mixture of asset write-downs, restructuring, consolidation and recovery is on the cards for the Japanese airfreight sector, according to a new report from Business Monitor International . The bankrupt Japan Airlines (JAL), Asia's largest air carrier, was expected to have registered an operating loss of nearly US$1.7 billion in the fiscal year ended 31 March 2010. This was attributed to a sharp decline in revenues resulting from a rapid slowdown in the Japanese economy. After 2009's very steep … [Read more...] about Still some turbulance in Japan’s air cargo sector
AAT sees continued rise in throughput for July
Asia Airfreight Terminal Co Ltd (AAT) has announced that its tonnage throughput in July 2010 was 61,363 tonnes, recording a growth of 44 per cent compared with the same period last year. Export cargo registered 42,808 tonnes, a growth of 53 per cent when compared with the same month last year. Import cargo volume for July was 18,154 tonnes, up 27 per cent while transhipment cargo volume was 402 tonnes, down 20 per cent when compared against corresponding period in 2009. Cumulative export tonnage … [Read more...] about AAT sees continued rise in throughput for July
Cargolux expands Saudi services
Cargolux has announced the expansion of its services to Saudi Arabia by introducing one weekly frequency to Riyadh, effective 1 August 2010, in addition to its twice weekly service to Dammam. Cargolux's B747-400 freighters will be carrying largely consumer goods, machinery and pharmaceuticals to this new destination. CV 7527 is operated every Sunday morning at 07.25 a.m. out of Luxembourg, with arrival in Riyadh same day at 02.30 p.m. The flight is continued to Hong Kong, CV 6587, and further on … [Read more...] about Cargolux expands Saudi services
Geodis enjoys healthy growth
French-based logistics provider Geodis said that it had returned to strong growth in the first half of 2010. Together, recent acquisitions and organic growth drove a 37.1 per cent (€841.6 million) increase in revenue to €3,112.6 million. It also pointed to higher air and sea freight volumes, notably between Asia and Europe, which lifted revenue in the first half. The start-up of new contract logistics projects and a slight upturn in the automotive industry business also contributed … [Read more...] about Geodis enjoys healthy growth
