Qatar Airways posted the strongest financial performance in its 25-year history as the Doha-based airline reported a record net profit of US$1.54 billion during the fiscal year 2021/22, up 200 percent above its previous record. Both the passenger and cargo business saw significant growth as passenger revenue increased by 210 percent over the last year. The revenue growth was attributed to network expansion, increase in market share and higher unit revenue, for the second year in a row, as the … [Read more...] about Qatar Airways posts record profit; cargo revenue up 25%
cargo flights
Cargolux and Bolloré Logistics form SAF partnership
Cargolux and Bolloré Logistics have signed an agreement for the use of sustainable aviation fuel (SAF) in joint operations. The deal covers 800,000 liters as part of the airline’s SAF program and is expected to reduce Bolloré Logistics’s greenhouse gas emissions by at least 2,200 tonnes. Pierre Houé, deputy COO of Bolloré Logistics, said SAF is a ‘key solution to decarbonize transportation and reach the forwarder’s carbon reduction targets. It pledged to cut 30 percent, compared to 2019, … [Read more...] about Cargolux and Bolloré Logistics form SAF partnership
Kansai Airports and Airbus to study hydrogen use in Japan
Airbus and Kansai Airports have signed a memorandum of understanding (MoU) to explore the use of hydrogen at three of the Group’s airports in Japan, namely, Kansai International Airport, Osaka International Airport, and Kobe Airport. Through this partnership, the two companies will jointly prepare a roadmap to address challenges and define an advocacy plan for hydrogen needs. Both parties would lead the study into the development of infrastructure for the use of hydrogen in the aviation … [Read more...] about Kansai Airports and Airbus to study hydrogen use in Japan
ANA moves cargo flights to Narita on new schedule
ANA plans to maximize its revenue by operating freighters and passenger aircraft for cargo operations amidst strong and continued demand, as the airline shifts its routes from Haneda to Narita. The company plans to use its fleet of 11 freighters to operate charter flights and additional flights apart from the regular schedule. “By making changes such as the transfer of the Tokyo Haneda-Washington DC, Tokyo Haneda-Houston, Tokyo Haneda-Seattle and Tokyo Haneda-Vancouver routes to Tokyo Narita … [Read more...] about ANA moves cargo flights to Narita on new schedule
Emirates SkyCargo marks 15 years of cargo flights to Vietnam
Over the last 15 years, Emirates SkyCargo, has gradually scaled up from a modest offline carrier to operating multiple daily cargo flights from Hanoi and Ho Chi Minh City. With the growth of the manufacturing industry in Vietnam over the last decade, Emirates SkyCargo has played an important role in the transport and distribution of high-tech consumer items, fashion and sportswear manufactured in the country. The air cargo carrier has also contributed to export trade of perishables … [Read more...] about Emirates SkyCargo marks 15 years of cargo flights to Vietnam
Cargolux launches weekly Luxembourg-Shenzhen flights
Cargolux has launched a new frequency to Shenzhen, the airline’s 6th destination in mainland China. The latest addition to the cargo carrier's extensive network comes as the airline tries to meet growing customer requirements whilst also exploring additional market opportunities. The weekly cargo flight is routed Luxembourg-Bangkok-Shenzhen before returning westbound to Luxembourg via Bangkok with an additional stopover in Budapest. Shenzhen Bao'an International Airport (SZX) is … [Read more...] about Cargolux launches weekly Luxembourg-Shenzhen flights