Home

IAG Cargo sees revenue jump

: Latest News; Monday, 09 May 2022

IAG Cargo financial results for Q1 2022, show revenues of EUR432 million for the period from January 1 to March 31 2022, representing an increase of 18.6 per cent at constant currency versus the same period last year.

Logistics division helps Lufthansa soften Q1 losses

: Latest News; Monday, 09 May 2022

Lufthansa says added capacity and higher rates contributed to record performance in Q1 for its logistics division, which includes Lufthansa Cargo, Jettainer, time:matters and its investment in AeroLogic.

Amerijet seeks US-China okay

: Latest News; Monday, 09 May 2022

USA-based Amerijet has applied to the US Department of Transportation (DOT) to carry out B767 all-cargo flights between the US and China for at least two years.

Cargonet to offer Cainiao capacity on flights to China

: Latest News; Monday, 09 May 2022

Kales Group GSSA subsidiary Cargonet Asia is to offer China's Cainiao fixed allotments, block space agreements and free sales on flights to China.

Atlas on track for US$4.6bn air revenues

: Latest News; Monday, 09 May 2022

USA-based Atlas Air Worldwide Holdings expects to deliver air freight revenue of approximately US$4.6 billion and an adjusted EBITDA of about US$1 billion this year as supply chain bottlenecks continue to drive demand.

Sunclass Air inks Aviator deal for Nordic ground handling

: Latest News; Friday, 06 May 2022

Aviator Airport Services Sweden, a full-range provider of aviation services at 15 airports across the Nordics, has signed a new partnership agreement with Sunclass Airlines for ground handling and de-icing services.

Shanghai lockdown continues to disrupt international trade

: Latest News; Thursday, 05 May 2022

The supply chain disruption in China's Shanghai is set to continue, with congestion rising at Shanghai Pudong International Airport and a backlog of cargo putting pressure on air freight rates as well as road transport.

Maersk buys Pilot Freight

: Latest News; Wednesday, 04 May 2022

Shipping major AP Moller Maersk has completed its acquisition of US forwarder Pilot Freight Services from private equity firm ATL Partners and investor British Columbia Investment Management Corporation in a deal worth US$1.7 billion.

Cargo demand fell in March - IATA

: Latest News; Wednesday, 04 May 2022

The International Air Transport Association (IATA) released March 2022 data for global air cargo markets showing a drop in demand. The effects of Omicron in Asia, the Russia – Ukraine war and a challenging operating backdrop contributed to the decline.