Air Cargo

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

Spirit Aero to receive up to $350 million in funding from Boeing

Reuters | November 12, 2024 | Air Cargo | Airlines

Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.

Avia Solutions Group orders up to 80 Boeing 737 MAX jets to gear up expansion

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

Boeing and Avia Solutions Group, the world's largest ACMI (aircraft, crew, maintenance, insurance) provider, today announced its first order with the company for 40 737-8s, with the potential to order 40 more later.

WestJet Cargo has chosen Total Cargo Expertise (TCE) to streamline its customs management processes

AJOT Newsroom | November 12, 2024 | Air Cargo | Technology

WestJet Cargo is taking proactive steps to elevate its operational efficiency and ensure regulatory compliance by partnering with TCE, a solution developed by ECS Group to support airlines in all aspects of their cargo operations.

Silk Way Group unveils new cargo airport in the Alat Free Economic Zone at COP29

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

Silk Way Group held an unveiling ceremony during COP29 to announce plans for a significant infrastructure project: the development of a new cargo airport in the Alat Free Economic Zone.

[Freightos Weekly Update] Volume projections suggest some pull forward ahead of strikes and tariffs

Spirit to receive up to $350 million in advance payments from Boeing

Reuters | November 12, 2024 | Air Cargo | Airlines

Spirit AeroSystems said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.

Avia orders 40 Boeing 737 MAX jets

Reuters | November 12, 2024 | Air Cargo | Freighters

Avia Solutions Group, which leases aircraft and provides related services, has ordered 40 Boeing 737 MAX 8 jets, with an option to order 40 additional jets, the companies said in a joint statement on Tuesday.

LATAM Airlines Brazil invests $7 Million in the largest aircraft maintenance center in South America

AJOT Newsroom | November 11, 2024 | Air Cargo | General

The project will enable LATAM group’s largest aircraft maintenance center, located in São Paulo, to perform maintenance on Boeing 787 aircraft starting in September 2025.

Air Cargo

AJOT Newsroom | November 11, 2024

CBP agriculture specialists in Louisville stop a shipment containing dead bats and birds

U.S. Customs and Border Protection Agriculture Specialists (CBPAS)at the Louisville Port of Entry intercepted a shipment containing 41 dead bats and 41 dead birds not declared in hopes of avoiding detection.

Boeing commercial airplanes quality chief to retire in December

Reuters | November 11, 2024 | Air Cargo | Airlines

IBA partners with China Air Transport Association to provide carbon emissions insights

AJOT Newsroom | November 11, 2024 | Air Cargo | Technology | Green Shipping

Brazilian planemaker Embraer updates guidance as profit soars in Q3

Reuters | November 08, 2024 | Air Cargo | Airlines

Brazilian planemaker Embraer's raised its projected adjusted earnings before interest and taxes (EBIT) margin for 2024 to between 9% and 10%, from 6.5%-7.5% before, it said on Friday in a securities filing, while it also saw a jump in third-quarter results.

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