In a further indication of an Asianled recovery of the air cargo sector, Los Angeles International Airport reported its busiest month for freight in nearly a year in August and the fourth straight month-to-month improvement in cargo volumes. North America’s largest gateway for the trans-Pacific air cargo trade, reported a 5.1 per cent fall in August cargo volumes compared to the same month a year ago, but the decline marked the slimmest Los Angeles has recorded since April 2008 … [Read more...] about AMERICAS: LAX sees slimmest cargo decline of the year

The Greater Toronto Airports Authority (GTAA) has reduced landing fees and terminal charges by 10 per cent at Toronto Pearson International Airport, effective 1 January 2010, for the third year running. The authority noted that at a time when the aviation industry is struggling with declines in traffic, the reduction will result in estimated savings of C$58.4 million to the airline industry at Toronto Pearson next year. Cumulatively, since 2007, the GTAA has reduced landing fees by 13.1 per … [Read more...] about AMERICAS: Toronto Pearson cuts landing, terminal fees

The International Lease Finance Corporation (ILFC) has announced new lease deals and deliveries with 21 airline customers for periods of between two and seven years. These include two new A330-200s to Garuda Indonesia, one new 777-300ER to V Australia, one used 737-500 to Aerosvit, one used 737-300 to Sharjah-based AVE.com, one used 747-400F to Air Atlanta Icelandic, two used A320-200s to Moscow Vnukovobased Avianova, one used 757-200ER to Madrid-based charter carrier Mint Airways, one used … [Read more...] about AMERICAS: ILFC announces lease deals with 21 carriers

Polet Airlines has begun a new service between Moscow Domodedovo International Airport and Yakutsk utilising an IL-96-400T freighter for both charter and scheduled air cargo service. Polet is seeking approval to operate the IL-96-400T into the airports of: Irkutsk, Krasnoyarsk, Ulan-Ude, Khabarovsk, Nizhnevartovsk, Petropavlovsk-Kamchatski, Anadyr, Yuzhno-Sakhalinsk, Abakan , Yaroslavl, Kaz an, Samara and Bratsk. … [Read more...] about EUROPE & CIS: Polet makes first flight from Domodedovo

AirBridgeCargo Airlines (ABC), the scheduled cargo services arm of Volga- Dnepr Group, has transported nine rare Akhal-Teke horses for breeding from Russia to China. The horses were carried onboard one of ABC’s Boeing 747 freighters from Moscow to Beijing for a customer in Beijing planning to raise the elite bloodstock. Three special bays, each divided into three pens, were manufactured for the journey. The horses were monitored by bloodstock and veterinary specialists throughout … [Read more...] about EUROPE & CIS: AirBridgeCargo carries rare Akhal-Teke Horses to China

Russian flag carrier Aeroflot plans to slash another 2,000 jobs out of its 15,000 staff, in the next six months. The airline announced its 2008 profits dropped 88 per cent due to higher kerosene and oil prices and net losses in its cargo operations. Aeroflot Cargo declared bankruptcy in June. … [Read more...] about EUROPE & CIS: Massive job cuts at Aeroflot