Air Cargo

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

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Record results for Cargolux in 2022

AJOT | April 26, 2023 | Air Cargo | Freighters

The Cargolux Group, (Cargolux), achieved its best year on record in 2022: 1 Revenues of US$ 5.1 billion, an increase of 14.7% over 2021. 2 Profit After Tax of US$ 1.6 billion, an increase of 21.9% over 2021.

Taiwan’s Taoyuan Airport shuts runway for suspected explosives

Bloomberg | April 26, 2023 | Air Cargo | Airports

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EU lands jet-fuel deal to start decarbonizing air travel

The European Union reached a late-night deal to spur the use of more climate-friendly jet fuels in a bid to gradually start bringing the aviation sector in line with its green goals.

Heathrow says business travel held back by economy, job cuts

Bloomberg | April 26, 2023 | Air Cargo | Airports

JetBlue to cut 10% of NYC summer departures on FAA snarls

Air Cargo

Bloomberg | Top Story | April 26, 2023

JetBlue to cut 10% of NYC summer departures on FAA snarls

JetBlue Airways Corp. criticized federal officials as the carrier said a shortage of air-traffic controllers would force it to cut 10% of its departures from the New York City area during the busy summer travel season.

AMLO’s plan to revive Mexicana Airline inches closer in congress

Bloomberg | April 25, 2023 | Air Cargo | Airlines

Asia-Pacific airline capacity recovery accelerates by 27% in Q1 2023

AJOT | April 25, 2023 | Air Cargo | Airlines

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Chapman Freeborn appoints new Industry Vertical Director – Automotive

AJOT | April 25, 2023 | Air Cargo | Charters

Chapman Freeborn, the global aircraft charter specialist and part of Avia Solutions Group, has appointed Russell Cook as Industry Vertical Director – Automotive.

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IATA World Cargo Symposium (WCS) started as hosted by Turkish Cargo

AJOT | April 25, 2023 | Air Cargo | Freighters

IATA World Cargo Symposium, the greatest air cargo event in the world, is being held in Istanbul between April 25 and 27. The event, hosted by Turkish Cargo, stands out as a significant item in respect of global air cargo transportation.

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Lufthansa Cargo, Swiss WorldCargo and time:matters become members of Pharma.Aero

AJOT | April 25, 2023 | Air Cargo | Technology

Lufthansa Cargo, together with Swiss World Cargo and time:matters, has joined the Pharma.Aero interest group as a member. Pharma.Aero is regarded as a leading international collaboration platform for medical technology and pharmaceutical companies, as well as for logistics experts, freight companies and airport operators, operating across all sectors.

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Sweden’s Northvolt to make batteries for electric planes

Swedish car-battery maker Northvolt is expanding into aviation, as it targets the nascent field of decarbonizing commercial flight.

Mexico congress to allow state-operated airlines, Monreal says

Bloomberg | April 25, 2023 | Air Cargo | Airlines

Ryanair says lack of competition in Germany is driving up fares

Bloomberg | April 25, 2023 | Air Cargo

GE’s profit beats Wall Street’s expectations as CEO’s turnaround takes hold

Travelers lose ultra-cheap first class tickets after ANA cancellation

Bloomberg | April 25, 2023 | Air Cargo | Airlines

China to scrap PCR test for inbound travelers in latest easing

Bloomberg | April 25, 2023 | Air Cargo | Airports

Low-cost airline Kingpin prepares for life after AirAsia

Bloomberg | April 24, 2023 | Air Cargo | Airlines

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Quadcopter market is anticipated to reach US$ 94,342.8 million by 2033-end

AJOT | April 24, 2023 | Air Cargo | Technology

The global quadcopter market is estimated at US$ 24,147 million in 2023 and is expected to expand at promising 14.6% CAGR during the assessment period of 2023-2033. A wide range of professions are increasingly likely to use drones. Because of their speed and agility, these flying machines quickly provide comprehensive and valuable findings.