Air Cargo

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

WFS opens fourth cargo terminal in Copenhagen for launch of E-commerce & Freight Forwarder Handling services in Denmark

AJOT Newsroom | December 17, 2024 | Air Cargo | Airports

Worldwide Flight Services (WFS), a SATS company, is to open a fourth warehouse facility at Copenhagen Airport to support the expansion of its specialised E-commerce & Freight Forwarder Handling (EFFH) services in Scandinavia.

[Freightos Weekly Update] Trump support for ILA may make strike less likely

Challenge Group introduce an additional Boeing 747-400F aircraft to its fleet

AJOT Newsroom | December 17, 2024 | Air Cargo | Freighters

Challenge Group unveiled its newest fleet addition—a Boeing 747-400 production freighter registered under its Belgian AOC—marking a bold milestone in its fleet expansion strategy and global mission to enhance cargo capabilities.

Air Canada eyes strong revenue growth by 2028, banks on robust leisure travel demand

Reuters | December 17, 2024 | Air Cargo | Airlines

Air Canada said on Tuesday it was targeting a 36% jump in its 2028 operating revenue from the current year, riding a wave of strong demand for leisure travel across domestic and international routes.

WorldACD Weekly Air Cargo Trends (week 49) - 2024

AJOT Newsroom | December 16, 2024 | Air Cargo | General | By The Numbers

Global air cargo average spot rates rose by a further +4% in the first full week of December to a 2024 high of US$3.30 per kilo, driven by a +8% surge from Asia Pacific origins, as the sector’s strong but relatively stable fourth-quarter (Q4) peak season approaches its zenith.

CPaT announces new contract with cargo operator, AlphaSky

AJOT Newsroom | December 16, 2024 | Air Cargo | Freighters

How CargoTech brings the power of AI into air cargo

AJOT Newsroom | December 16, 2024 | Air Cargo | Technology

The air cargo industry is still taxiing onto the runway of AI opportunities. Leading technology group, CargoTech already offers products to ensure the smoothest of technology take-offs, with AI serving as the fuel for sound business decisions.

Avianca leverages CHAMP’s Traxon Global Security to comply with Canada PACT regulatory requirements

AJOT Newsroom | December 16, 2024 | Air Cargo | Technology

Avianca Cargo is now fully compliant with all Transport Canada PACT requirements through CHAMP’s Traxon Global Security platform

Honeywell considers spinning off its aerospace business amid Elliott’s breakup push

Reuters | December 16, 2024 | Air Cargo | Airlines

Honeywell said on Monday it was considering a plan to separate its high-margin aerospace business, a move backed by activist investor Elliott Investment Management, which has been pushing for the company's breakup.

Drones over US show gaps in airspace security, top Trump adviser says

Reuters | December 16, 2024 | Air Cargo | Airports

A raft of drone sightings in New Jersey and other U.S. states has underscored gaps in U.S. airspace security that need to be closed, President-elect Donald Trump's pick for national security adviser, Mike Waltz, said on Sunday.

PANYNJ board of commissioners approved annual minimum wage increases for airport workers tied to inflation

AJOT Newsroom | December 13, 2024 | Air Cargo | General

Following a month-long public comment period, the Port Authority of New York and New Jersey Board of Commissioners today approved an expanded minimum wage policy at John F. Kennedy International, LaGuardia and Newark Liberty International airports that provides annual increases to the wages of thousands of airport workers starting in January 2025, with automatic increases tied to the regional cost of living, consistent with the minimum wage policies of the states of New York and New Jersey.

Air Cargo

Reuters | December 12, 2024

Incoming US Senate Commerce chair says FAA must improve air traffic systems

The incoming chair of the U.S. Senate Commerce Committee said on Thursday that the Federal Aviation Administration must take actions to modernize air traffic control systems.

September 2024 U.S. airline traffic data Up 1.6% from the same month last year

AJOT Newsroom | December 12, 2024 | Air Cargo | General | By The Numbers

U.S. airlines carried 77.5 million systemwide (domestic and international) scheduled service passengers in September 2024, according to the Bureau of Transportation Statistics (BTS). When adjusted for seasonality, September enplanements are down 0.4% from August and down 1.7% from the all-time high reached in June 2024.

LATAM recognized as the Best Airline in Latin America and for Airline Turnaround of the Year

AJOT Newsroom | December 12, 2024 | Air Cargo | Airlines

The airline was named an industry leader at the Business Traveler Awards for its onboard experience and received recognition from CAPA Center for Aviation for its ability to reinvent and transform its business.

Hellmann: Martin Habisreitinger appointed COO Airfreight

AJOT Newsroom | December 12, 2024 | Air Cargo | General

Hellmann is pleased to announce the appointment of Martin Habisreitinger as Chief Operating Officer (COO) Airfreight with effect from February 1, 2025. He will succeed Jan Kleine-Lasthues, who, after 13 successful years with Hellmann, has decided to pursue other opportunities.

Delta Cargo and cargo.one enter long-term agreement to bolster Delta Cargo’s digital sales reach and capabilities

AJOT Newsroom | December 12, 2024 | Air Cargo | General

Delta Cargo, a leading U.S.-based air cargo carrier and a division of one of the world’s largest airlines announced today it has entered into a long-term agreement with cargo.one, the leading digital air freight procurement platform. Freight forwarders worldwide will soon enjoy expanded digital access to Delta Cargo services using the industry’s go-to choice for instant air cargo bookings.

Routes Americas 2026 to land in Rio

AJOT Newsroom | December 12, 2024 | Air Cargo | Airports

As Brazil’s second-largest city and the sixth most populous in Latin America, Rio de Janeiro serves as a crucial financial and commercial hub. The city boasts a dynamic and diversified economy, spanning industries such as energy, telecommunications, tourism, and entertainment.

Key trends in global aviation for 2025

AJOT Newsroom | December 12, 2024 | Air Cargo | General | By The Numbers

IBA expects that the aviation industry will face a balancing act in 2025 as it navigates a complex global landscape shaped by modest economic growth, easing production bottlenecks, and rising operational costs. Global GDP is projected to grow at 3-3.2%, with advanced economies at 1.8% and emerging markets like India and China leading at 6.5% and 4.5%, respectively.

Aurrigo International plc seals £5.25m share placing raise as it drives iGSE concept adoption

AJOT Newsroom | December 12, 2024 | Air Cargo

Aurrigo International plc, which has expanded deployment into multiple new countries, opened a US office, and sealed a second phase deal with Changi International in the last twelve months, will use the cash injection to scale production of Auto-DollyTug®.

Inside Boeing’s struggle to make its best-selling plane again

Reuters | December 12, 2024 | Air Cargo | Airlines

Since a crippling strike at many of Boeing's U.S. plane factories ended more than a month ago, progress ramping up production of its best-selling 737 MAX jet has been deliberately slow.

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