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August 2010

Payload Asia Issue Cover

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Air Cargo Carriers

Air freight rates out of Asia down 10% in June

-13 Aug 2010

Average air freight prices out of Asia fell 10.3 per cent in June from the month before as airlines brought capacity back into the market, according to the latest Drewry Air Freight Rate Index, by London-based Drewry Shipping Consultants. The June rate assessment for cargo out of ...

Cargoitalia continues its cargo roll

-13 Aug 2010

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: ...

Ethihad takes delivery of first A330-200 freighter

-11 Aug 2010

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 â€" which can carry up to 64 tonnes of cargo and ...

Still some turbulance in Japan's air cargo sector

-11 Aug 2010

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 ...

Cargolux expands Saudi services

-11 Aug 2010

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 ...

Virgin Atlantic sees rising cargo yields

-11 Aug 2010

Rising demand for air cargo enabled Virgin Atlantic Cargo to push up yields in the first quarter with sales rising 36 per cent, driven by a 25 per cent increase in volumes, the company said. Virgin Cargo's director, John Lloyd warned though, that the recovery could be destabilised ...

TSA claims 100% screening a success, but int'l in a "few years"

-6 Aug 2010

The US Transportation Security Administration (TSA) has said the 1 August deadline for 100% screening of air cargo on domestic passenger aircraft was successfully implemented, but that the same goal for international cargo would only be met in a "few years" time. The TSA ...

South Africa's turn for price-fixing allegations

-6 Aug 2010

Eight air cargo carriers including South African Airways Cargo face allegations of fixing the price of fuel surcharges and freight rates for cargo flown in and out of South Africa. The South African Competition Commission has asked the country's Competition Tribunal to impose ...

Atlas air enjoys improved demand in tight market

-5 Aug 2010

Atlas Air Worldwide Holdings, Inc. announced strong revenues and earnings for the second quarter of 2010, driven by what it said was a continuing improvement in airfreight demand, a tight supply environment, a significant increase in commercial charter volumes and rates, and continued ...

Azerbaijan Airlines orders two B767 freighters

-4 Aug 2010

Boeing and Azerbaijan Airlines have signed an agreement to substitute two next-generation B737 airplanes for one B767-300ER (extended range) and two B767 freighters. "With its centralised geographic location, Azerbaijan is becoming a busy hub in the region between east and west ...

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