Air Cargo Carriers News

The parent of American Airlines, AMR Corp., reported profit in the second quarter of 2013 was $220 million, rebounding from a net loss of $241 million in the second quarter of 2012, although cargo revenue dropped.

Air Canada reported cargo traffic of 123.6 million metric-ton-kilometers in May, down 1.1 percent compared with the same month last year, according to Statistics Canada.

IAG Cargo has broken ground on the site of its new Constant Climate center located at its London Heathrow hub.

Lynden Air Cargo has promoted Richard Zerkel to president.

The parent of American Airlines, AMR Corp., reported June cargo figures for its principal subsidiary, showing an increase to 160,427 million ton miles, up 8.0 percent from 148,601 million ton miles reported in June 2012.

International Airlines Group reported cargo traffic of 463 million metric-ton-kilometers in June, down 8.7 percent from 507 million metric-ton-kilometers of cargo in June 2012.

Etihad Cargo expects to see strong cargo volume and revenue growth during the rest of 2013 despite the global downturn afflicting the air freight sector.

Airlines will struggle to finance the next generation of aircraft unless governments remove obstacles to global mergers, the International Air Transport Association warned.

Growth in global air cargo markets remained relatively flat in May, broadly following the trend of the last 18 months, according to the International Air Transport Association.

IAG Cargo has started offering Capacity Guarantee to customers moving smaller shipments on its Prioritise service, designed for express cargo shipments.

Singapore Airlines Cargo has appointed Lik Hsin Lee its new president, effective Aug. 1, 2013.

Penny Pritzker was sworn in today as the U.S.’s 38th Commerce Secretary.

Pilot Freight Services has opened a new station in A Coruña, Spain, a port city in the Northwest of the country.

The International Air Transport Association has called for strong partnerships to promote air cargo competitiveness through e-commerce technology.

IAG Cargo will offer additional freight capacity between London and Rio de Janeiro.

Cathay Pacific Airways reported that Cathay Pacific and Dragonair combined carried 121,529 metric tons of cargo and mail in May, down 1.5 percent compared with May 2012.

Cargolux Airlines International has plans to double the frequency of its cargo flights from Hong Kong to Rickenbacker International Airport in Columbus, Ohio, The Columbus Dispatch reports.

The air cargo downturn suffered by Asia’s carriers in 2012 has continued this year.

AMR Corp., the parent company of American Airlines and US Airways Group, has named the 12 members of the board of directors of the combined company, American Airlines Group, as well as the senior leadership team.

The parent of American Airlines, AMR Corporation, reported May cargo figures for its principal subsidiary, showing an increase to 161,732 million ton miles, up 4.1 percent from 155,303 million ton miles reported in May 2012.

Japan’s All Nippon Airways Co. (ANA) said that its international cargo volume rose for the second straight month in April on a year-on-year basis, increasing 6.7 percent to 47,696 tons.

Qatar Airways will launch a new freighter service between Milan and Chicago in July, doubling the Middle Eastern carrier’s cargo capacity out of the U.S.

International Airlines Group reported cargo traffic of 461 million metric-ton-kilometers in May, down 10.8 percent from 517 million metric-ton-kilometers of cargo in May 2012.

The world’s airlines will post a collective profit of $12.7 billion this year, 20 percent higher than an earlier forecast of $10.6 billion in March, as cheaper fuel and cost savings offset sluggish global economic growth, the International Air Transport Association said.

Etihad Cargo and Atlas Air Worldwide are partnering on a new round-the-world freighter service.

Turkish Cargo will increase its flights to Guangzhou, China, from one flight per week to two flights per week, starting June 6.

Air freight markets in April experienced “modest growth” of 1.4 percent compared with April 2012, helping to offset the 2.6 percent year-over-year decline in March and continuing an 18-month trend of flatness in the cargo markets...

Cargolux is resisting union demands that it repays $12.5 million of planned labor cost savings to employees if it returns to profit in 2014.

Turkish Cargo will launch freighter services to Entebbe, Uganda, and Kigali, Rwanda, effective June 3, and one weekly flight to Karachi, Pakistan, and Singapore, starting June 5.

European Union regulators approved a trans-Atlantic joint venture between Lufthansa, United Airlines and Air Canada after the carriers agreed to give up landing and take-off slots at Frankfurt and New York.

Polar Air Cargo plans to upgrade its 767 intra-Asia services and 747 trans-Pacific services, starting in early June.

Finnair Cargo will add more air freight capacity to and from Brussels, starting June 6.

Cathay Pacific Airways reported that Cathay Pacific and Dragonair combined carried 123,805 metric tons of cargo and mail in April, falling 0.6 percent compared with April 2012.

The leading air carriers in the Middle East such as Qatar Airways, Emirates and Saudi Airlines have been investing heavily in their fleets and networks and winning market share, both in the passenger and freight markets. Etihad Airways is following much the same path, and managing to remain in the black.

Etihad Cargo has unveiled its new loyalty program for freight forwarders called CargoConnect, a free mileage earning program that rewards companies for every booking made with the United Arab Emirates cargo operator.

Etihad Cargo, part of Etihad Airways, has updated its summer schedule to reflect investments in capacity, flight frequency increases and new freighter routings and destinations.