Arizona airport targets Mexican e-commerce traffic with new cargo facility
Plans have been revealed for the development of a cargo facility housing a joint US-Mexican Customs post at Phoenix-Mesa Gateway Airport as it targets e-commerce traffic between the two countries. Arizona governor Doug Ducey announced that SkyBridge Arizona planned to open the country"™s first international air cargo hub to have a joint Mexican and US […]
Lufthansa Prepares for Low-Cost Competition After a Banner 2017
Travelers flying between Germany"™s political and financial capitals this fall have been in for an occasional surprise: boarding a humpbacked 747 jumbo jet for the one-hour hop from Berlin to Frankfurt. While the massive planes are typically reserved for long-haul flights to, say, Tokyo, Denver, or Rio de Janeiro, Deutsche Lufthansa AG trotted out its […]
Volaris Obtains Foreign Air Carrier Permit in the United States of America for its Costa Rican Operations
Volaris* (NYSE:VLRS)(BMV:VOLAR) the ultra-low-cost airline serving Mexico, the United States and Central America, announced today that its affiliate, Vuela Aviación, S.A., was awarded by the Department of Transportation of the United States of America a Foreign Air Carrier Permit to provide: 1) Foreign scheduled transportation of persons, property, and mail from points behind Costa Rica […]
Brussels confirms UK flights to the EU WILL be grounded in 2019 if Brexit deal isn"™t agreed
BRITISH airlines will lose all flying rights to the European Union if there is no transition agreement after Brexit, Brussels has warned. In a notice to all airlines, the European Commission said UK air carriers would no longer enjoy traffic rights under any air transport agreement to which the EU is a party. This means […]
ALTA traffic report october 2017
The Latin American and Caribbean Air Transport Association (ALTA) announced today that Latin America and Caribbean airlines carried 20.9 million passengers in October, up 3.9% – or 790,546 more passengers – from the previous year. Traffic (RPK) grew 8% and capacity (ASK) increased 4.3%, bringing up the load factor to 85.8%, 3 percentage points higher […]
Uptick in Latin American cargo traffic
The Latin American and Caribbean Air Transport Association (ALTA) has reported that its member airlines flew 439.6m freight tonne-kilometres (FTKs) in October, up by 0.7% over the same month of 2016. At 130.9m FTKs, intra-Latin American cargo traffic was down by 2.2% year-on-year, but at 308.8m FTKs extra-Latin American freight traffic was up by 2% […]
Global airline industry’s 2018 net profit expected to rise: IATA
The global airline industry’s net profit is expected to rise substantially in 2018 due to strong demand, efficiency and reduced interest payments, a global airline association said on Tuesday. According to a forecast by IATA, global industry’s net profit is likely to touch $38.4 billion in 2018 from the $34.5 billion expected net profit in […]
IATA seeks strong law enforcement to deter irresponsible use of drones
Law enforcement authorities must play a strong role to ensure there are suitable deterrents in place for those flying recreational drones to prevent danger to passenger aircraft, the International Air Transport Association (IATA) said on Tuesday. Risks posed by the increasing use of drones were highlighted in October when a drone hit an aircraft landing […]
Cathay Pacific crew saw North Korean missile from plane, airline says
The crew of a Cathay Pacific flight from San Francisco to Hong Kong saw what they believed was a North Korean ballistic missile re-entering the Earth’s atmosphere last Wednesday, the airline said Monday. Cathay said in a statement that it had been in contact with relevant authorities, industry bodies and other airlines about what was […]
October Passenger Demand Rebounds from Weather-Impacted September
The International Air Transport Association (IATA) announced global passenger traffic results for October showing that demand (measured in revenue passenger kilometers, or RPKs) rose 7.2% compared to the same month last year. Capacity grew 6.2% and load factor climbed 0.8 percentage points to 80.8%, which was a record for the month. October"™s performance was a […]
