AIR

World's longest flight route review: Singapore Airlines SQ22 to New York

Even Richard Quest, host of CNN's Quest means Business show and the best-known aviation correspondent on the planet, will be hosting an online Q & A session from the comfort of business class. The Newark flight is front-page news in Singapore's The Straits Times, and a leading item on most of the news channels.
Why? Because, if successful, SQ22 will re-establish Singapore Airline (SIA) as the holder of commercial aviation's equivalent of the "Blue Ribbon" fought over so fiercely between the great Transatlantic liners before jets made ships such as the Queen Mary obsolete.

Air France KLM on the ascent in August

Air France KLM on the ascent in August-Forwardernews

The latest figures from European airlines show that Air France KLM saw cargo traffic increase by 4.8% year on year in August to 741m revenue tonne-km. Over the first eight months of the year demand at the group is up by 0.3%.
Capacity was up by the lower amount of 3.4% and as a result, its August load factor reached 56.8% against 56% last year.
This is the airline group’s largest percentage increase in cargo traffic since November 2016 and the first time for a while it has really maintained a streak – this is its third increase in a row - of outgrowing major competitors.

Amazon Air confirms 767 delivery schedule for 2018

Amazon Air confirms 767 delivery schedule for 2018-Forwardernews

 Next week, Atlas Air will put three more aircraft into service for Amazon, bringing the number of aircraft in operation for Amazon to 38. The last two of the 40 committed aircraft are currently undergoing conversion to freighter configuration and will enter into service with Atlas Air, to be operated on behalf of the e-commerce giant before Thanksgiving.

Aeroflot has good six months for cargo

Aeroflot has good six months for cargo-win situation-Forwardernews

The news for freight was good. Cargo revenue rose by 13.9% year-on-year to RUB 8,178m as cargo and mail volumes grew by 10.6%.
The carrier as a whole saw revenue rise by 13.2% year on year to reach RUB265,822, but earnings fell dramatically year on year, largely as a result of high fuel prices pushing up costs, and the airline made a net loss over the period.

Trade war may present long-term headwind for air freight

Trade war may present long-term headwind for air freight-Forwardernews

Supply, as measured by available freight ton kilometers (AFTK's), continued to outpace the growth in demand in both months. However, the rate also fell in June (4.1%) and July (3.8%) compared to the first five months of the year when AFTK's grew by 5.1% on average. 
The dip is primarily a result of an end to the inventory restocking cycle, the IATA wrote in both its June and July Air Freight Market Analysis report. However, short-term disruptions (such as the grounding of the Nippon Cargo fleet) and weakening global exports are contributing factors.

Lufthansa Cargo expands Africa presence with start of Brussels Airlines deal

Lufthansa Cargo expands Africa presence with start of Brussels Airlines deal-Forwardernews

The first Brussels aircraft carrying cargo sold by Lufthansa will takeoff on September 1, but can be pre-booked 30 days in advance.

The deal means Lufthansa Cargo's route network will be supplemented by a further 15 destinations - above all in West, East and Central Africa, directly from Brussels. (see full list below).

Brazil's Congress should weigh in on Embraer-Boeing deal: lawmaker

Brazil's Congress should weigh in on Embraer-Boeing deal: lawmaker-Forwardernews

The preliminary deal, announced last month, has drawn fire from presidential candidates in Brazil who are concerned about preserving jobs and keeping Embraer competitive. A congressional review could further complicate the politics of a tie-up aimed at challenging the alliance of Airbus SE (AIR.PA) and Bombardier Inc (BBDb.TO).

Hi Fly A380 To Be Leased By Air Austral A380

Hi Fly A380 To Be Leased By Air Austral A380-Forwardernews

Hi Fly is a charter airline based in Lisbon, Portugal and they lease out aircraft on medium to long-term leases to airlines who need the aircraft, tour operators, governments, companies, and individuals. In the summer of 2017 Hi Fly became the first ever airline to order two A380’s second hand. These A380’s were bought by Singapore Airlines. The first of their two A380 aircraft was delivered in July 2018.
Hi Fly also operates 1 A321-200, 4 A330-200’s (with one more on order), 2 A340-300’s, 2 a340 500’s and they have 10 A330-900neo’s on order.

CEVA continues to improve despite drop in airfreight volumes

CEVA continues to improve despite drop in airfreight volumes-Forwardernews

The latest financial results from CEVA show that total air cargo volumes declined by 1.3% year on year to 120,200 tonnes despite the overall market growing by around 4%.
In contrast, Kuehne+Nagel saw air demand increase by 15.7%  and at Panalpina, there was a 4% increase.
CEVA put this down to a lag between the loss of customers and new wins starting up. In better news for the forwarder, air yields for the quarter increased by 10.9%.  

Asia airlines see cargo growth slow in June

Asia airlines see cargo growth slow in June-Forwardernews

According to the Association of Asia Pacific Airlines (AAPA), carriers saw cargo traffic increase by 3.4% year on year in June, a slowdown on the 4.9% increase registered over the first six months of the year.
“The global manufacturing sector, whilst still expanding, experienced slower growth in June,” AAPA said. “The average international freight load factor declined by 1.9 percentage points to 64.5% in June, on the back of a 6.4% expansion in offered freight capacity.”

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