Cargolux has achieved an all-time record performance in block hours, cycles and tonnage during November 2014. Block hours have exceeded 10,000 hours a month for the first time in the company’s history and reached 10,224 hours, 8.7 per cent higher than in November 2013. The Cargolux fleet of 22 747-8F and 747-400F flew 1,766 cycles, another all- time high for the airline. During November, Cargolux carried 76,504 tonnes of freight, again more than in any other month in its history … [Read more...] about Cargolux achieves all-time record performance
Air Freight Logistics
HKIA sets record for cargo in November
Hong Kong International Airport (HKIA) set a new monthly record for cargo tonnage throughput in November 2014. During the month, cargo volume rose by 5.5 per cent year on year to reach 421,000 tonnes. Continued growth was also seen in other traffic categories during the month, in which HKIA handled 5.1 million passengers and 32,920 flight movements, registering growth of 5.4 per cent and 4.0 per cent, respectively, over the same period last year. The growth in cargo throughput last month … [Read more...] about HKIA sets record for cargo in November
Qatar adds three freighter destinations
Qatar Airways Cargo has commenced operations to three new freighter destinations, Lagos, Accra and Guangzhou, with all three routes being served by the A330 freighter. Freighters to Lagos and Accra commenced on December 6. The twice weekly freighter service operates from Doha to Murtala Muhammed International Airport in Lagos and then onward to Accra’s Kotoka International Airport, with a scheduled stop in Europe before returning to Doha. In addition, thrice-weekly direct freighters to … [Read more...] about Qatar adds three freighter destinations
CEVA opens new SG warehouse
CEVA Logistics has expanded its presence in Singapore with a new West Hub Logistics Center at Jalan Buroh. The 48,000 sq m warehouse and office hub is the company’s largest facility in Singapore. Strategically located in the western part of Singapore near Jurong Port, with easy access not only to the port but also the major highways across the island; it is ideally placed to support the logistics needs of both existing and new customers. Currently, CEVA provides warehouse and logistics … [Read more...] about CEVA opens new SG warehouse
IATA: Tonnage up but rates to shrink in 2015
The International Air Transport Association (IATA) announced an outlook for improved industry profitability in its Economic Performance of the Air Transport Industry report. Airlines are expected to post a collective global net profit in 2014 of some US$19.9 billion (up from the US$18.0 billion projected in June). This looks set to rise to US$25.0 billion in 2015. Lower oil prices and stronger worldwide GDP growth are the main drivers behind the improved profitability. Consumers will … [Read more...] about IATA: Tonnage up but rates to shrink in 2015
Qantas shakes up executive management
The Qantas Group has announced changes to its executive leadership team as it continues its accelerated transformation programme. As a result of the new structure the current CEO of Qantas International, Simon Hickey, and CEO of Qantas Domestic, Lyell Strambi, have decided to leave the Qantas Group. Under the leadership of Qantas Group CEO Alan Joyce, the revised executive team will consist of: · Andrew David – CEO of Qantas … [Read more...] about Qantas shakes up executive management
