Air Cargo

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

Air Busan Airbus plane catches fire at S.Korea’s Busan airport, no casualties

Reuters | January 28, 2025 | Air Cargo | Airlines

An Airbus plane belonging to South Korean carrier Air Busan caught fire on Tuesday at Gimhae International Airport in the country's south while preparing for departure to Hong Kong, fire authorities said.

RTX’s quarterly profit rises on strong demand for aircraft parts, repair

Reuters | January 28, 2025 | Air Cargo | Airlines

U.S. aerospace and defense major RTX reported a rise in quarterly profit on Tuesday, as demand for its aircraft parts and repair services benefited from airlines flying older, maintenance-intensive planes to cope with a jet shortage.

JetBlue shares sink after disappointing forecast for unit revenue and costs

Reuters | January 28, 2025 | Air Cargo | Airlines

JetBlue Airways forecast higher costs and unit revenue below analysts' expectations for the first quarter on Tuesday, sending the New York-based carrier's shares down 14% in morning trade.

Brazil government supports Gol-Azul merger to strengthen airline sector

Reuters | January 28, 2025 | Air Cargo | Airlines

A planned merger between Brazilian airlines Gol and Azul would strengthen the sector and prevent either company from failing, Brazil's ports and airports minister told Reuters, giving the potential move a key government nod.

Boeing reports $11.8-billion annual loss after crisis-ridden year

Reuters | January 28, 2025 | Air Cargo | Airlines

Boeing reported on Tuesday an annual loss of $11.83 billion, its largest since 2020, as it grappled with problems at its commercial and defense units and the fallout from a crippling strike by U.S. West Coast factory workers.

Boeing not worried about Trump tariff threats, CEO says

Reuters | January 28, 2025 | Air Cargo | Airlines | International Trade

Boeing CEO Kelly Ortberg said on Tuesday he is "not too worried" about the Trump administration's threats to impose tariffs on trade partners, including countries that are important parts of Boeing’s far-flung supply chain.

Thai VietJet partners with ECS Group’s AVS GSA Thailand to boost cargo operations on Bangkok-Mumbai route

AJOT Newsroom | January 27, 2025 | Air Cargo | Freighters

ECS Group has announced a new agreement between Thai VietJet and its subsidiary, AVS GSA Thailand on the Bangkok-Mumbai route.

WorldACD Weekly Air Cargo Trends (week 3) - 2025

AJOT Newsroom | January 27, 2025 | Air Cargo | General | By The Numbers

Worldwide air cargo tonnages continued to rebuild in the third week of 2025 following their seasonal drop in the final days of December and the start of this year, although spot rates continue to edge downwards.

Korean Air Cargo and Vienna Airport extend cooperation in cargo handling

AJOT Newsroom | January 27, 2025 | Air Cargo | Airports

Korean Air Cargo continues to rely on the proven cargo handling quality of Vienna Airport. A four-year extension of the existing handling contract between the airport and the Korean airline has been signed and will now run until the end of 2028.

Air Charter Service arranges flights to aid victims of Cyclone Chido

AJOT Newsroom | January 27, 2025 | Air Cargo | Charters

Since Cyclone Chido devastated the French island of Mayotte in the western Indian Ocean in December, Air Charter Service has been busy arranging humanitarian aid charter flights to the region, flying in more than 1,000 tons so far, with flights still ongoing.

STV celebrates completion of Delta Sky Way at LAX

AJOT Newsroom | January 27, 2025 | Air Cargo | Airports

PHL welcomes Aeroméxico to Philadelphia

AJOT Newsroom | January 27, 2025 | Air Cargo | Airports

Philadelphia International Airport (PHL) has announced the addition of Aeroméxico to its airline partners. Beginning June 5, Aeroméxico will offer year-round daily nonstop service between Mexico City and Philadelphia.

Air Cargo

AJOT Newsroom | January 27, 2025

Delta and Aeromexico expand connectivity with two new routes between Mexico and the US

• Starting June 5, Aeromexico will operate routes between Mexico City and Philadelphia, as well as San Luis Potosi and Atlanta. • With this announcement, the partnership will connect 26 destinations across both countries via 57 routes, with a daily joint operation of 90 flights.

Ryanair beats profit forecast on improving fares, trims traffic outlook

Reuters | January 27, 2025 | Air Cargo | Airlines

Ryanair reported better than expected profits for the final three months of 2024 on Monday and Chief Executive Michael O'Leary said he was "cautiously optimistic" about fares for the coming summer on constrained capacity in Europe.

IBA forecasts 10% increase in Chinese New Year airline seats from 2020

AJOT Newsroom | January 24, 2025 | Air Cargo | Airlines

SF Airlines awards annual ‘Outstanding Partnership Award’ to WFS for LAX and JFK

AJOT Newsroom | January 24, 2025 | Air Cargo | General

WFS won its first contract with SF Airlines in North America in 2018 for cargo handling at New York JFK and later added Los Angeles to its working partnership. SATS and WFS also provide cargo handling services for the cargo airline in Singapore, Bangkok, Frankfurt, and Liege.

Ontario International Airport air cargo tonnage highest since pandemic

AJOT Newsroom | January 24, 2025 | Air Cargo | General

The Southern California gateway reported 7,084,864 passengers in 2024, 10.2% more than 2023 and 27% more than pre-pandemic 2019, making it the fastest growing among medium- and large-size airports in California. The 2024 count also represents a 67% increase since 2016, when ONT was transferred to local control from the City of Los Angeles.

First JetBlue flights from Manchester, New Hampshire take off today

AJOT Newsroom | January 23, 2025 | Air Cargo | Airlines

New England’s leading leisure carrier, today announced it has officially launched service from Manchester-Boston Regional Airport (MHT), complementing its focus city operation at Boston Logan International Airport (BOS).

Alaska Air Group reports fourth quarter and full year 2024 results

AJOT Newsroom | January 23, 2025 | Air Cargo | General | By The Numbers

Air Group completed 2024 on a high note, with record revenues of $11.7 billion and a GAAP pretax margin of 4.6%. On an adjusted basis, the full year pretax margin of 7.1% is expected to be amongst the best in the industry despite the completed acquisition of Hawaiian Airlines and fleet grounding in the first quarter of the year.