The International Air Cargo Association (TIACA) is looking to bring the industry to discuss market issues with the launch of a regional symposium series, which it will kick-start in Amsterdam. The first regional symposium will be held on June 28th, hosted by Schiphol Airport at the Amsterdam City Centre. The event will include one day of interactive conference sessions, an evening reception and a tour of the airport on the next day. The programme will include important discussions on … [Read more...] about Regional air cargo symposium series to kickstart in June
Air & Cargo Services
Despite soaring cargo revenue, ANA posts loss in 2021
ANA has recorded its highest ever international cargo revenue in a fiscal year as the airlines saw 328.7 billion yen in transactions, up 104.8 percent from that seen in the previous year. The Japanese airline attributed its strong performance in international cargo services to robust demand and a shift to air transport as a result of congestion in marine transport. ANA said it was able to fully utilise its freighter aircraft as it introduced new routes with the group’s Boeing 777F … [Read more...] about Despite soaring cargo revenue, ANA posts loss in 2021
Korean Air posts US$1.7b cargo revenue in Q1
Korean Air beat the previous quarter’s record operating profit as the airline posted revenue of KRW 2.8052 trillion (US$2.3168 billion) and an operating profit of KRW 788.4 billion (US$651.1 million) in the first quarter. The airline’s cargo flight operations pulled in revenue of KRW 2.1486 trillion (or US$1.7 billion) in the first quarter. Korean Air said it maximized revenue through increasing freighter operation rates and using grounded passenger jets on cargo routes. The airline noted … [Read more...] about Korean Air posts US$1.7b cargo revenue in Q1
Maersk buys US-based Pilot Freight Services for US$1.68b
Maersk is adding more capacity and growing its end-to-end logistics offering in the North American as it acquired US-based home delivery and big and bulk specialist Pilot Freight Services for US$1.68b. Pilot has 87 stations and hubs in North America with third-party providers of controlled trucking capacity, including FTL and LTL for both B2C and B2B distribution. The company also specialises in heavy and bulky shipments with white glove service for expedited and time-definite … [Read more...] about Maersk buys US-based Pilot Freight Services for US$1.68b
dnata invests in solar roof panels at Changi Airport
dnata is sticking to plans to reduce its carbon footprint in Singapore with newly installed rooftop solar panels at Changi Airport. The airside services provider has installed a 3.5-MWp rooftop solar power system across its operations, including its cargo and catering facilities at Changi. The ‘rooftop power plant’ comprises over 6,500 individual solar panels and will generate more than 4,300 megawatt hours of clean energy a year. dnata said the new installation will enable the company … [Read more...] about dnata invests in solar roof panels at Changi Airport
Korean Air celebrates 50 years of US operations
On 19 August last week, Korean Air celebrated the 50th anniversary of its US operations with a recognition from the city of Los Angeles for its economic contributions. In 1972, the airline started by serving only Honolulu and Los Angeles. It now flies out of 13 gateways across North America with its headquarters in downtown Los Angeles. From the 43,800 passengers transported between the US and Seoul in 1972, the airline recorded over 3 million passengers in 2019 (pre-COVID). … [Read more...] about Korean Air celebrates 50 years of US operations
