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Tag: cargo (Page 11 of 18)

Air New Zealand Cancels Outbound Service to Rarotonga

After consultation with the New Zealand Ministry of Health, Air New Zealand has made the decision not to carry customers on flight NZ946 from Auckland to Rarotonga on Saturday 15 August.

The service will still operate outbound to Rarotonga carrying cargo, and the return service will carry customers into Auckland.

Air New Zealand’s Chief Executive Officer Greg Foran says the decision was made not to carry passengers out of Auckland due to the city currently being at Alert Level 3.

“The Cook Islands has so far had no cases of COVID-19 and we want to make sure we are doing the right thing for both countries in terms of safety and wellbeing. That’s why we have taken the precautionary decision not to carry passengers out of Auckland on tomorrow’s service. We are contacting affected customers directly to let them know their options.”

Cathay Pacific Posts Record $1.27 Billion First Half Loss

Cathay Pacific aircraft are seen parked on the tarmac at the airport, following the outbreak of the new coronavirus, in Hong Kong

SYDNEY (Reuters) – Hong Kong’s Cathay Pacific Airways Ltd reported a record HK$9.87 billion ($1.27 billion) first-half loss and said it did not expect a meaningful recovery in passenger demand for some time due to the coronavirus pandemic.

The figure was in line with the HK$9.9 billion forecast it had flagged last month and included HK$2.47 billion of impairment charges.

Revenue plunged 48.3% to HK$27.7 billion in the six months ended June 30 as it slashed passenger flying to a barebones schedule due to lower demand and border restrictions, though it added more cargo-only flights as freight yields rose 44.1%.

The airline, which received a $5 billion rescue package led by the Hong Kong government, has so far refrained from large-scale job cuts but has warned it is reviewing all aspects of its business model with an update expected by the fourth quarter.

“Inevitably this will involve rationalisation of future planned capacity compared to pre-crisis plans, taking into account the market outlook and cost structure at that time,” Chairman Patrick Healy said in a statement on Wednesday.

It has rearranged its aircraft order book with Airbus SE to delay deliveries, is in advanced talks with Boeing Co to do the same and has begun sending one-third of its fleet outside Hong Kong for storage in less humid conditions.

The airline said last month that it had reduced its monthly cash burn to about HK$1.5 billion from between HK$2.5 billion and HK$3 billion while maintaining a minimal flying schedule.

Cathay is expected to report a full-year loss of around HK$13.6 billion, according to the average of 13 analysts polled by Refinitiv before it released its half-year results.

The airline’s shares had surged 9.3% on Wednesday ahead of the earnings announcement, which was made while trading was suspended for the market’s lunch break.

“It is laggard buying on some traditional economy stocks,” Steven Leung, a sales director at UOB Kay Hian, said of the rise.

($1 = 7.7506 Hong Kong dollars)

(Reporting by Jamie Freed; additional reporting by Donny Kwok in Hong Kong; Editing by Himani Sarkar)

Swiss Air Lines Cleared For More Types Of Cabin Cargo

Swiss International Air Lines is carrying a greater variety of cargo in passenger cabins after four months of only being allowed to use the upper deck for shipments of COVID-19-related medical supplies.

Swiss Air Lines’ cargo division said it recently received approval from the Swiss aviation agency to transport general cargo in the cabin. Swiss flew its first flight a week ago from Dubai International Airport to Zurich with garments and other fashion-related goods in the passenger area.

The Lufthansa Group subsidiary has used widebody aircraft exclusively for cargo purposes since late March, but nontraditional use of cabin space was limited to medical supplies such as face masks and surgical gloves, as well as medicines and related humanitarian goods used to combat the novel coronavirus. 

Swiss WorldCargo has the option of putting boxes of personal protective equipment, and now other products, in the seats and overhead bins of many aircraft or on the floor of three Boeing 777-300s that have had their Economy seats removed.

Click the link below for the full story!

https://finance.yahoo.com/news/swiss-air-lines-cleared-more-110000954.html

Freighters To The Rescue: Korean Air Posts Q2 Profit

Korean Air leveraged its cargo operation to turn a profit in the second quarter when nearly every other passenger airline has reported enormous losses after COVID-19 travel restrictions brought most flight operations to a standstill. 

The South Korean carrier has one advantage that many pure passenger airlines lack – freighters. The company said it increased the operation rate of its freighter fleet and maximized cargo supply on passenger airplanes to generate an operating profit of $123.7 million and net income of $135.3 million.

Korean Air lost the ability to sell cargo space in the lower deck of passenger airplanes when travel demand sagged and it suspended most flights, resulting in a 92% drop in passenger revenue. The airline said it replaced that capacity by increasing the operation rate of freighters by 22% year-over-year through strict maintenance checks and oversight – increasing its total capacity by 1.9%.

The freighter fleet consists of 23 Boeing 747-8 and 747-400 aircraft, according to the airline’s website. It ranked as the sixth-largest cargo airline in the world in 2018, according to the International Air Transport Association.

Click the link below for the full story!

https://finance.yahoo.com/news/freighters-rescue-korean-air-posts-195548132.html

Cargo Airline Cashing in on Junk-Bond Boom

At a little-known cargo airline that handles shipments for United Parcel Service Inc. and Amazon.com Inc., business is booming.

With passenger carriers forced to cut most of their freight capacity during the pandemic, seven-year-old Western Global Airlines LLC has picked up new orders amid a surge in online shopping.

Now, it’s benefiting from another big tailwind: the credit rally sparked by the Federal Reserve’s unprecedented backstop.

The Estero, Florida-based carrier is borrowing hundreds of millions of dollars from the junk-bond market to fund a stock program that will give it a sizable tax break, hand the founders a large payout and potentially keep its workforce union-free.

Click the link below to read the full story!

https://finance.yahoo.com/news/cargo-airline-cashing-junk-bond-231010892.html

Mesa Air Group Signs Five-Year Cargo Contract with DHL Express

  • Adding two Boeing 737-400F to fleet
  • Five-year contract with service scheduled to start October 2020
  • Opening a new crew and maintenance base in Cincinnati

Mesa Air Group, Inc. (NASDAQ: MESA) today announced plans to begin providing air cargo service for DHL Express with Boeing 737-400F cargo aircraft. 

Under the agreement, Mesa will operate two cargo aircraft from DHL Express Americas global hub at Cincinnati/Northern Kentucky International Airport for a five-year term. The company will lease the aircraft from DHL with the first scheduled to be in service this October. 

“We are very excited to enter the cargo market and diversify our business. Flying under contract on behalf of DHL is essentially the same business model Mesa has operated under for over 20 years,” said Jonathan Ornstein, Chairman and Chief Executive Officer. “Cargo transport plays a critical role in the health of communities and economies around the world. Mesa is well-suited for this new mission, and this is just the beginning of what we believe will be a long and productive relationship with DHL.”

“This new cargo operation opens new doors for Mesa,” said Brad Rich, Executive Vice President and Chief Operating Officer. “We are proud to offer new opportunities to our employees as we enter the cargo industry. In particular, Mesa pilots will now have the ability to earn a 737 type rating and receive the highest pay in the regional industry, all without leaving the company.”

“I’d like to thank all the people at Mesa, their counterparts at DHL and the FAA, who worked hard to bring this program to fruition,” said Captain Mike Ferverda, Senior Vice President of Regulatory Affairs, who is leading Mesa’s 737 certification process. “While much of the industry is challenged given the present COVID environment, we are pleased to expand our growth opportunities with this project.”

Airbus Transforms A330’s into Multi Role Tanker Transports

Having earned its reputation as the new-generation aerial tanker of choice for military services worldwide, Airbus’ A330 Multi Role Tanker Transports (MRTT’s) are now being outfitted for their multi-mission duties in an optimised industrial process – enabling five aircraft to undergo the conversion every year.

The A330 MRTT is based on Airbus’ popular A330 widebody passenger airliner, with the aircraft produced on the company’s commercial airplane final assembly line in Toulouse, France. Once their initial built-up is complete, they are flown to Airbus’ military aircraft facility in Getafe, Spain to be transformed with hardware and systems for their dual roles as an air-to-air refuelling platform and an airlifter for troops and cargo.

Thousands of new parts integrated 

During the conversion, Airbus teams install some 16,000 types of new components and approximately 450 new electrical harnesses (for a total cabling length of more than 50 km.), as well as 6,000 brackets and 1,700 connectors.

With 42 A330 MRTTs delivered to date, Airbus’ has reduced the end-to-end transformation time by one month, introducing increased digitalization and applying the “takt” principle of lean production methodology – in which the aircraft moves through the conversion with zero hours pending and zero work orders open.

The digitalization includes the increasing use of Microsoft HoloLens mixed reality headsets instead of computer tablets. With 80 to 90 work orders now produced with HoloLens, the goal is to apply the system during 2020 for 50% of overall work orders, mainly for electrical and hydraulic installations.

A key element of the conversion is installing the A330 MRTT’s air-to-air refuelling hardware. All aircraft are equipped with hose and drogue units, and most customers have opted for Airbus’ highly capable fly-by-wire Aerial Refuelling Boom System (ARBS) – which provides enhanced controllability during in-flight fuel transfers to receiver airplanes.

The A330 MRTT transformation process includes locating the Airbus-developed Air Refuelling Console in the cockpit area behind the pilots. Containing seats for two crew members, this station enables the aerial refuelling to be remotely controlled, aided by an advanced high-resolution observation system with panoramic 3D-vision for operations day and night.

On the A330 MRTT’s main deck, the aircraft’s widebody cross-section can be configured a variety of roles, from the transportation of troops and personnel with capacities for 268 passengers in a two-class configuration, to aeromedical evacuation – accommodating two intensive care units, 16 stretchers, along with seating for medical staff and passengers.

Customers from around the world 

Airbus delivered its initial A330 MRTT in December 2009, with this no. 1 aircraft received by the Royal Australian Air Force. Today, A330 MRTTs are flown by Australia, France, Singapore, Saudi Arabia, South Korea, the United Emirates and United Kingdom – logging a combined total of more than 200,000 flight hours.

A total of 60 A330 MRTTs have been ordered for operations at the service of 13 nations.

Alaska Airlines Offers Devoted Customers More Air and Ground Benefits

  • New promotions reward loyal guests with quicker ways to earn elite status and more miles

Starting today, Alaska Airlines customers and members of the award-winning Mileage Plan have three new promotions to enjoy. In addition to guaranteeing 2020 elite status through 2021, the airline is extending a 50% bonus of elite qualifying miles for flights taken through the end of the year. Plus, for the first time ever, Alaska Airlines Visa® cardholders can use their card to earn elite qualifying miles, and consumer cardholders can earn double miles for qualifying restaurant purchases.

“We are thankful to our loyal guests for their support during this unprecedented time,” said Ryan Butz, Alaska’s managing director of loyalty. “In addition to continuing to offer flexibility and assurance when booking flights, members can now earn miles and status when using our Alaska Airlines Visa credit card. We look forward to seeing our guests onboard when the time is right and hope this promotion can aid local restaurants and economies.”

50% Bonus of Elite Qualifying Miles – Limited Time Offer

  • For all flights completed June 1 through Dec. 31, 2020, Alaska Airlines Mileage Plan members will receive a 50% bonus of elite qualifying miles to help earn higher elite status more quickly. (*Registration isn’t required for this special, limited time offer.)

Alaska Airlines Visa Cardholders – First Time Limited Time Offers

  • Earn toward status while you spend. Cardholders can earn 2,500 elite qualifying miles for every $5,000 spent on purchases with an Alaska Airlines consumer or business Visa card from June 1 through Sept. 30, 2020, up to a maximum of 10,000 elite qualifying miles per cardholder. 
  • Want to support your favorite local restaurants? Alaska Visa consumer cardholders can earn two miles for every dollar spent, up to $1,500, at restaurants and take-out, including delivery services from June 1 through July 31, 2020.

Alaska’s Mileage Plan features 16 global partners, which fly to more than 800 destinations around the world. 

Alaska Airlines and its regional partners serve more than 115 destinations across the United States and North America, providing essential air service for our guests along with moving crucial cargo shipments, such as food, medicine, mail and e-commerce deliveries. With hubs in Seattle; San Francisco; Los Angeles; Portland, Oregon; and Anchorage, Alaska, the airline is known for low fares, award-winning customer service and sustainability efforts. With Alaska and its Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide.

Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Alaska Airlines & Partners Serve Season’s First Copper River Salmon to First Responders

  • Trident Seafoods, Ocean Beauty Seafoods, Copper River Marketing Association and Tom Douglas partner to salute local medical professionals
Alaska Airlines Captain Brent Carricaburu presenting the first Copper River salmon, which weighed in at 33 pounds.

More than 200 health care workers at Swedish Medical Center – Ballard will be among the first to enjoy the season’s first catch of prized Copper River salmon. Alaska Air Cargo this morning delivered the first catch of fresh, sustainable Copper River salmon to Seattle, which will be delivered to grocery stores across the country.

Helping fishing communities, fisheries and processors like Trident Seafoods, Ocean Beauty Seafoods and Cooper River Seafoods get the coveted salmon to market, often in less than 24 hours from being pulled from the water, is Alaska Air Cargo’s specialty. The airline plays a critical role in the economic vitality of Cordova, Alaska, where more than 50 percent of residents work in the fishing industry.

“Alaska Air Cargo has long been a partner of the Alaska seafood industry,” said Torque Zubeck, managing director of cargo for Alaska Airlines. “Now more than ever, we provide a critical service that directly impacts the economic vitality of the region. In Cordova alone, more than half of residents are directly involved in the fishing industry or related business.”

As a thank you for their efforts on the frontlines of the battle against coronavirus, Alaska Airlines, Trident Seafoods, Ocean Beauty Seafoods, Copper River Seafoods, Copper River Marketing Association and famed Seattle chef Tom Douglas are partnering to provide a delicious meal to health care heroes, and feed the community, while raising money for Food Lifeline.

“I love everything about Copper River salmon,” said chef Tom Douglas. “I love the richness of its delicate flesh and flavor. It’s very short season makes it a true delicacy. I am glad we get to share it with our health care workers and the Greater Seattlecommunity.”

Alaska Air Cargo employees begin to unload 9,000 pounds of Copper River salmon, part of the first shipment to arrive in Seattle.

Douglas will feature salmon donated by the seafood processors and the Copper River Marketing Association to prepare over 200 meals for Swedish Hospital medical professionals working on the frontlines of the coronavirus pandemic. Pilots, flight attendants and management employees from Alaska will be on hand Saturday to deliver the meals and thank workers for their efforts.

“We’re thankful for Alaska Airlines, Copper River Marketing Association, Trident, Ocean Beauty, Copper River Seafoods and especially Tom Douglas for providing our heroic health care workers at Swedish Ballard with the meal today,” said Swedish Ballard Chief Operating Officer Kasia Konieczny. “While this pandemic has been difficult for us all, it is great to see the community coming together, like these partners, to provide for one another.”

On Sunday, May 17, fish lovers are invited to partake in the festivities, while social distancing, of course. For a limited time and while supplies last, Trident and Douglas will be “Grilling for Good.” He and his Serious TakeOut team will prepare grilled Copper River sockeye salmon entrees available for purchase through the Tom Douglas website, with all proceeds donated to Food Lifeline.

Alaska Air Cargo transports more than 30+ million pounds of cargo annually—including seafood, mail and freight —and operates the most extensive air cargo operation on the U.S. West Coast of any passenger airline.

Alaska Airlines and its regional partners serve more than 115 destinations across the United States and North America, providing essential air service for our guests along with moving crucial cargo shipments, such as food, medicine, mail and e-commerce deliveries. With hubs in Seattle; San Francisco; Los Angeles; Portland, Oregon; and Anchorage, Alaska, the airline is known for low fares, award-winning customer service and sustainability efforts. With Alaska and its Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).

Vic Scheibert (l), President of Alaska Operations, Trident Seafoods, and Joe Bundrant, CEO, Trident holding up the first Copper River salmon.

ATR Releases 2019 Results

ATR performed well in 2019. We received 79 orders and delivered 68 aircraft for a book-to-bill of more than one. The turnover for the year was $1.6 billion and was boosted by a strong performance from our Services.

In 2020, the aviation industry is facing an unprecedented challenge that will last well beyond the current year. It is too early to understand the full impact on our backlog, however we have not had any cancellations to date.

Currently, 40% of ATR aircraft around the world continue to fly, playing a vital role in humanitarian missions and the transportation of essential goods to the remotest areas.

Naturally, during this time, ATR continues to support airlines 24/7.

Cargo is becoming increasingly important and we have developed a solution allowing airlines operating ATR aircraft to quickly and temporarily convert to a light freighter configuration, allowing them to unlock potential operations.

During this crisis, ATR is not standing still. While our major concern is always the safety and health of our employees and subcontractors, our manufacturing sites have never closed, and we have implemented a very strict health protocol that has allowed us to continue critical activities. We remain committed to the delivery of our new programmes, the ATR 72-600F freighter and the ATR 42-600 STOL. The first deliveries of our new cargo variant will happen this year.

ATR believes that regional aviation will resume its activities faster than international air traffic, because it will have a huge role to play in the recovery of the global economy, connecting communities around the world with necessary supplies.

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