Air Cargo

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

Cass Information Systems acquires AcuAudit Platform from Acuitive Solutions

AirBaltic cancels summer flights, hit by Pratt and Whitney maintenance delays

Reuters | January 02, 2025 | Air Cargo | Airlines

AirBaltic will cancel a number of summer flights owing to inspection and maintenance delays from RTX-owned engine supplier Pratt and Whitney.

Boeing on track to be 2024’s biggest loser in Dow Jones Index

Reuters | January 02, 2025 | Air Cargo | Airlines

U.S. planemaker Boeing is on track to be the biggest loser of 2024 in the Dow Jones Index, tumbling 32% as it bounced from one crisis to another.

Ryanair flight to Austria diverted to Czech Republic after GPS issue

Reuters | December 31, 2024 | Air Cargo | Airlines | International Trade

A Ryanair flight bound for the Austrian capital Vienna had to land in the neighbouring Czech Republic late on Monday after encountering GPS problems and poor visibility, the company said.

South Korean airport embankment in focus after deadly Jeju Air crash

Reuters | December 31, 2024 | Air Cargo | Airports

South Korea ramped up investigations on Tuesday into the cause of its deadliest domestic air accident as police scrambled to identify victims, while families of those killed in this week's crash of a Jeju Air jet pushed for more details.

Wizz Air says 40 planes to stay grounded through fiscal 2026 amid engine woes

Reuters | December 31, 2024 | Air Cargo | Airlines

Wizz Air on Tuesday said it had signed a new support agreement with defence and aerospace firm RTX's Pratt & Whitney amid engine woes, adding that it expects 40 of its planes to stay grounded through fiscal year 2026.

German air taxi start-up Volocopter files for insolvency

Reuters | December 31, 2024 | Air Cargo | Technology

Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations.

Los Angeles Industrial CRE Market Update – 4th qtr. 2024

AJOT Newsroom | December 30, 2024 | Air Cargo | Airports | Trucking

CPaT announces new major partnership with “Saudia Academy”

AJOT Newsroom | December 30, 2024 | Air Cargo | Airlines

CPaT Global, the world’s leading provider of distance learning for the airline and aviation industry, is proud to announce a new partnership with Saudia Academy.

[Freightos Weekly Update] Mexico increases trade barriers for Chinese imports

Fiery plane crash kills 179 in worst airline disaster in South Korea

Reuters | December 30, 2024 | Air Cargo | Airlines

The deadliest air accident ever in South Korea killed 179 people on Sunday, when an airliner belly-landed and skidded off the end of the runway, erupting in a fireball as it slammed into a wall at Muan International Airport.

South Korea orders air safety probe after worst crash in country kills 179

Reuters | December 30, 2024 | Air Cargo | Airlines

South Korea's acting President Choi Sang-mok ordered an emergency safety inspection on Monday of the country's entire airline operation system as investigators worked to identify victims and find out what caused the deadliest air disaster in the country.

Jeju Air shares slump to record low after deadly plane crash

Reuters | December 29, 2024 | Air Cargo | Airlines

Air Cargo

Stuart Todd | December 27, 2024

E-commerce is air cargo golden egg but there’s a downside

Cross-border e-commerce has indisputably become air cargo’s golden egg in recent years to a point where it is no exaggeration to suggest that it is fast-becoming the sector’s leading commodity surpassing general cargo.

Air Cargo

Stuart Todd | December 27, 2024

Take-off of French cargo airship startup Flying Whales neither smooth nor simple but investors keep faith

The take-off of French cargo airship startup Flying Whales is proving neither smooth nor simple despite being vaunted as a prime example of the low-carbon transport of the future.

Russia says Azerbaijan Airlines flight which crashed diverted amid fog and Ukrainian drone alert

Reuters | December 27, 2024 | Air Cargo | Airlines

Passengers on crashed plane say they heard at least one loud bang before it went down

Reuters | December 27, 2024 | Air Cargo | Airlines

Two passengers on the Azerbaijan Airlines plane that crashed in Kazakhstan told Reuters that they heard at least one loud bang as it approached its original destination of Grozny in southern Russia.

Silk Way AFEZCO and FF Construction collaborate to shape the future of Silk Way Cargo Village

AJOT Newsroom | December 26, 2024 | Air Cargo | Airports

Silk Way Alat Free Economic Zone Company (SW AFEZCO) has entered into a landmark design and build agreement with FF Construction, marking a significant milestone in the development of the Silk Way Cargo Village within the Alat Free Economic Zone (AFEZ).

CPaT announces new contract with Romanian based airline, Legend Airlines

AJOT Newsroom | December 26, 2024 | Air Cargo | Airlines

CPaT Global, the world’s leading provider of distance learning for the airline and aviation industry, today announced they have been awarded a new contract with Romanian based airline, Legend Airlines.

Azerbaijan Airlines flight was downed by Russian air defence system, four sources say

Reuters | December 26, 2024 | Air Cargo | Airlines

An Azerbaijan Airlines flight that crashed in Kazakhstan on Wednesday was downed by a Russian air defence system, four sources in Azerbaijan with knowledge of the investigation told Reuters.

Air Cargo

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