Air Cargo

Coverage of air cargo related news including freight forwarders, airlines, airports and more

Adani flagship’s profit drops, gets queried by Indian regulator

Bloomberg | May 02, 2024 | Air Cargo | Airports

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Air cargo’s ‘black swan’ event sees demand peak, as attention turns to Q4 market

AJOT | May 01, 2024 | Air Cargo | Freighters

The impact of air cargo’s ‘black swan’ event – conflict in the Red Sea disrupting ocean freight services – showed signs of easing in April but volume growth still registered the fourth straight month of +11% increases in global air freight demand, according to the latest weekly data analysis by Xeneta.

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Avianca Group announces first quarter 2024 financial results

AJOT | May 01, 2024 | Air Cargo | Airlines

• The Group posted $272 million in EBITDAR, at a 21.5% margin. • Liquidity position remains strong at $971 million. • The Company’s continued commitment to focus on being affordable for all, leads to more passengers transported year-over-year and a strengthened load factor despite a significant capacity increase.

Biden paves way for US corn to profit from green jet fuel

Air Cargo

Bloomberg | Top Story | May 01, 2024

Biden paves way for US corn to profit from green jet fuel

President Joe Biden’s administration issued long-awaited guidance on the production of green jet fuel, paving the way for US corn ethanol producers to profit from the new market.

Boeing Starliner space capsule faces a shaky commercial future

Bloomberg | May 01, 2024 | Air Cargo | Technology

Vertical Aerospace overhauls leadership as CFO takes on top job

Bloomberg | May 01, 2024 | Air Cargo | Technology

Proxy adviser Glass Lewis urges vote against Boeing CEO

Bloomberg | May 01, 2024 | Air Cargo | Airlines

Spirit Aero, Airbus near critical talks on fate of supplier

Bloomberg | April 30, 2024 | Air Cargo | Airlines

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LATAM and Zurich Airport Brasil celebrate the inauguration of the Europe-Florianópolis route

AJOT | April 30, 2024 | Air Cargo | Freighters

• The operation takes place on Mondays and Thursdays on Boeing 767-300F cargo aircraft departing from Amsterdam (Netherlands) and Brussels (Belgium) • The unprecedented route facilitates imports in southern Brazil of cargo from Europe, making transportation more dynamic, especially for pharmaceuticals • An event at Floripa Airport to celebrate the new route was attended by authorities, executives from both companies, and industry representatives

Composites make world’s largest airship possible

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IAG Cargo invests 1.5 million Euros in Madrid perishables facility expansion

AJOT | April 30, 2024 | Air Cargo | Freighters

IAG Cargo, the cargo division of International Airlines Group (IAG), has recently invested €1.5 million into the expansion of its temperature-controlled perishables facility in Madrid. This forms part of a total €12 million invested in the business’ Spanish hub over the last 6 years...

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Air France-KLM looks to cut costs as first quarter loss widens

Bloomberg | April 30, 2024 | Air Cargo | Airlines

Air France-KLM will freeze the hiring for support staff as part of a cost-cutting drive after reporting a wider first-quarter operating loss amid higher expenses, the conflict in the Middle East and lower cargo unit revenue.

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Lifting the world’s largest aircraft

Modulift’s legacy aircraft lifting systems recover the world’s largest planes in its 17-year-long history with AMS Aircraft Recovery

Bangkok Airports set for $4.8 billion expansion as tourism booms

Bloomberg | April 30, 2024 | Air Cargo | Airports

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Jettainer celebrates its 20th anniversary

AJOT | April 30, 2024 | Air Cargo | General

Founded in 2004, Jettainer began operations with an initial ULD fleet of approximately 27,000 units at a site near Frankfurt Airport. Since then, Jettainer has evolved into a global leader in ULD management and now operates at 15 major hubs in Asia, the Middle East, Europe, and the Americas...