The International Air Transport Association (IATA) released data for global air freight markets showing air cargo volumes (measured in Freight Tonne Kilometers) were down 1.2 per cent in November 2015, compared to November 2014. Total cargo volumes, however, expanded compared to October 2015 and were higher than the low point in August. IATA highlighted this may indicate that the decline in cargo demand may be bottoming out. The negative year-on-year comparisons occurred across all regions … [Read more...] about Latest IATA cargo figures show decline may be bottoming out
Carriers
Air China finalises order for six B777-300ERs
Air China has placed an order for six additional B777-300ER aircraft valued at more than US$2 billion at current list prices and bolsters Air China’s long-haul widebody fleet as it looks to expand its international network. China’s flag carrier continues to modernize its long-haul fleet to replace aging aircraft and plans to expand its growing network internationally. Air China currently operates a fleet 174 Boeing aircraft, including nearly all current Boeing production models, including the … [Read more...] about Air China finalises order for six B777-300ERs
Qatar Airways Cargo takes on new A330F and B747F
Qatar Airways Cargo has welcomed the seventh A330F and first B747F nose loader aircraft to its fleet at its home base in Hamad International Airport, Doha. The B747F nose loading freighter replaces a B747-400BCF which the carrier took on a temporary basis until the current B747F became available. Continuing on its trajectory of rapid growth and expansion, the world’s third largest international cargo carrier now features a fleet of 16 freighters including seven A330F, eight B777F and one … [Read more...] about Qatar Airways Cargo takes on new A330F and B747F
Etihad launches legal action, slams German “protectionism”
Etihad Airways said this week it would “fight all the way” to protect its 29 per cent investment in airberlin, slamming a German ruling to revoke some of the codeshares it operates with the carrier as “protectionism” by Germany and its main carrier Lufthansa. James Hogan, the president and chief executive of Etihad, said: “We will fight all the way to protect our investment, to protect our partnership with airberlin and to protect competitive choice in German air travel.” He added that the … [Read more...] about Etihad launches legal action, slams German “protectionism”
Etihad launches legal action, slams German “protectionism"
Etihad Airways said this week it would “fight all the way” to protect its 29 per cent investment in airberlin, slamming a German ruling to revoke some of the codeshares it operates with the carrier as “protectionism” by Germany and its main carrier Lufthansa. James Hogan, the president and chief executive of Etihad, said: “We will fight all the way to protect our investment, to protect our partnership with airberlin and to protect competitive choice in German air travel.” He added that the Abu … [Read more...] about Etihad launches legal action, slams German “protectionism"
Qantas, AA seek regulatory approval for transpac JV
Qantas and American Airlines plan to add at least two new transpacific routes in the next five years if they get final regulatory approvals for their joint venture on flights between Australasia and mainland North America. Although the routes were not specified, Qantas chief executive Alan Joyce has publicly stated his interest in a Melbourne-Dallas service once the airline begins receiving new B787-9 aircraft from 2017. American Airlines, which began flying the Sydney-Los Angeles route last … [Read more...] about Qantas, AA seek regulatory approval for transpac JV