The quick recovery from July’s global IT outage produced no significant ongoing disruption to air cargo demand, with rates rising for a sixth consecutive month, according to the latest market analysis by Xeneta.
Germany's Lufthansa Cargo has reported a 12 per cent Q2 revenue increase to EUR799 million on higher yields and improved volumes.
A 64-year-old aerospace veteran - Robert Ortberg - has been named as US-based plane maker Boeing's new boss, with the announcement appearing to please financial markets despite the firm's US$1.4 billion second-quarter loss.
DHL Global Forwarding, the freight specialist of DHL Group, has appointed Aditi Rasquinha (pictured) as its chief executive Greater China.
She takes over from Steve Huang, who has retired after more than 30 years with DHL Group.
Rasquinha previously worked with Kuehne + Nagel as ocean freight head Thailand and the Netherlands, and head of ocean freight Asia Pacific at DB Schenker.
Air France KLM Martinair Cargo (AFKLMP) is moving freighter capacity from the Latin American market to Asia to better match demand and introducing a Boeing 747-400 freighter service between Amsterdam Schiphol and Hong Kong via Dubai offering around 110 tonnes of capacity per flight.
Doha-based Qatar Cargo says it will focus on making its freighter network 'more responsive to market conditions' ahead of changes to its Americas network.
Singapore Airlines (SIA) Group’s cargo operations for June reported a load factor of 58.0 per cent, 6.4 percentage points higher than the year before.
Worldwide air cargo tonnage increased 12 per cent year-on-year in the first half of 2024, helped by a 19 per cent yoy increase from Asia Pacific and a 20 per cent rise from Middle East & South Asia, according to WorldACD.
US-based FedEx is to cut many of its daylight flights and the number of US cities it flies to when its air cargo contract with the US Postal Service expires on September 29.
The quick recovery from July’s global IT outage produced no significant ongoing disruption to air cargo demand, with rates rising for a sixth consecutive month, according to the latest market analysis by Xeneta.
Germany's Lufthansa Cargo has reported a 12 per cent Q2 revenue increase to EUR799 million on higher yields and improved volumes.
A 64-year-old aerospace veteran - Robert Ortberg - has been named as US-based plane maker Boeing's new boss, with the announcement appearing to please financial markets despite the firm's US$1.4 billion second-quarter loss.
DHL Global Forwarding, the freight specialist of DHL Group, has appointed Aditi Rasquinha (pictured) as its chief executive Greater China.
She takes over from Steve Huang, who has retired after more than 30 years with DHL Group.
Rasquinha previously worked with Kuehne + Nagel as ocean freight head Thailand and the Netherlands, and head of ocean freight Asia Pacific at DB Schenker.
Air France KLM Martinair Cargo (AFKLMP) is moving freighter capacity from the Latin American market to Asia to better match demand and introducing a Boeing 747-400 freighter service between Amsterdam Schiphol and Hong Kong via Dubai offering around 110 tonnes of capacity per flight.
Doha-based Qatar Cargo says it will focus on making its freighter network 'more responsive to market conditions' ahead of changes to its Americas network.
Singapore Airlines (SIA) Group’s cargo operations for June reported a load factor of 58.0 per cent, 6.4 percentage points higher than the year before.
Worldwide air cargo tonnage increased 12 per cent year-on-year in the first half of 2024, helped by a 19 per cent yoy increase from Asia Pacific and a 20 per cent rise from Middle East & South Asia, according to WorldACD.
US-based FedEx is to cut many of its daylight flights and the number of US cities it flies to when its air cargo contract with the US Postal Service expires on September 29.
