Air Cargo

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

Air Cargo

Bloomberg | Top Story | September 28, 2022

World’s largest ocean freight carrier launches air cargo business

Mediterranean Shipping Co., the world’s largest container line, will expand into air cargo using four leased Boeing Co. wide-body freighters after missing out in a bid for Italy’s flag-carrier airline.

Jet fuel premiums skyrocket as New York, Gulf supplies sink

Bloomberg | September 28, 2022 | Air Cargo | Airlines | Energy

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WFS and Diagnose pioneer the detection of undeclared lithium batteries using dog detection teams

AJOT | September 28, 2022 | Air Cargo | Airports

Worldwide Flight Services (WFS) and Diagnose, a world leader in dog-handing detection, have pioneered the detection of undeclared shipments of lithium batteries following a six-month trial involving thousands of cargo consignments in France.

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Lufthansa Cargo and Kintetsu World Express conclude agreement for usage of sustainable aviation fuel

Japanese freight forwarding company commits to CO2-neutral freight transports with Lufthansa Cargo

Air Cargo

AJOT | Top Story | September 28, 2022

WFS to be acquired by SATS to create the preeminent global air cargo handling platform

Worldwide Flight Services (“WFS”) today announced that SATS Ltd. (“SATS”) has reached an agreement to acquire WFS from an affiliate of Cerberus Capital Management (“Cerberus”). The transaction is valued at an enterprise value of €2.25 billion.

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Cathay in talks with Boeing, Airbus to refresh aging cargo fleet

Bloomberg | September 28, 2022 | Air Cargo | Freighters

Cathay Pacific Airways Ltd. is in talks with Airbus SE and Boeing Co. about buying next-generation freighter aircraft as it seeks to renew and replace some of its cargo jets, people familiar with the matter said.

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Singapore’s SATS to buy Cerberus’s WFS in $2.1 billion deal

Bloomberg | September 28, 2022 | Air Cargo | Airports

SATS Ltd., a catering and gateway services provider, has agreed to acquire air cargo handler Worldwide Flight Services at an enterprise value of €2.25 billion ($2.1 billion).

Fighter jets scrambled after bomb threat on Singapore Airlines flight from San Francisco

Bloomberg | September 28, 2022 | Air Cargo | Airlines

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Cargo iQ outlines 2023 plans to achieve enhanced data sharing and supply chain visibility

AJOT | September 28, 2022 | Air Cargo | Technology

The organization to develop an app for truckers and to bring enhanced data analytics to members to drive quality and visibility in air cargo transportation

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American-JetBlue alliance to cost consumers $700 million, US says

Bloomberg | September 28, 2022 | Air Cargo | Airlines

A partnership between JetBlue Airways Corp. and American Airlines Group Inc. could cost passengers more than $700 million annually in higher fares, the US Justice Department said Tuesday in an antitrust trial challenging the carriers’ Northeast Alliance.

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Jettainer announces business expansion in Asia-Pacific region

AJOT | September 28, 2022 | Air Cargo | Freighters

Jettainer continues to grow in the Asia-Pacific market and announced plans to expand its presence in the region by 2023 with Singapore and Hong Kong as main gateways. This was revealed by the global leader in Unit Load Device (ULD) management at the IATA World Cargo Symposium 2022 in London. Jettainer's goal is to establish its own regional teams in Asia, strengthening the relationship with customers through intercultural competencies and to respond even better to individual needs.

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Astral Aviation collaborates with e-Cargoware to expand its digital footprint

AJOT | September 28, 2022 | Air Cargo | Technology

e-Cargoware, a UK-based Software as a Service (SaaS) company providing core and ancillary cloud-based freight management software services for airlines, general sales agents (GSA)s, ground handling agents (GHA)s, express operators and freight forwarders is delighted to announce that the upcoming and rapidly growing full freighter operator, Astral Aviation with its head office in Nairobi, Kenya has chosen the acclaimed FR8Manage – Airline and FR8- Booking solutions to further expand its digital footprint in the market.

Ryanair ready to relocate planes from UK if pound hits demand

Bloomberg | September 28, 2022 | Air Cargo | Airlines

CCN and DGOffice BV partner to provide DG services

AJOT | September 28, 2022 | Air Cargo | Freighters

Hong Kong airlines seeks to restructure $6.2 billion of debt

Bloomberg | September 28, 2022 | Air Cargo | Airlines

Dangerous goods transport survey highlights challenges

AJOT | September 28, 2022 | Air Cargo | Freighters | Logistics

JetBlue owed American $200 million in revenue-share payment

Bloomberg | September 27, 2022 | Air Cargo | Airlines

Hurricane Ian spurs mass evacuations as airports, schools shut

Bloomberg | September 27, 2022 | Air Cargo | Airports

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Major terminal expansion begins at Coastal Carolina Regional Airport

AJOT | September 27, 2022 | Air Cargo | Airports

Coastal Carolina Regional Airport (EWN) has announced the start of a major terminal expansion project. The terminal expansion is part of a multi-faceted master plan designed to strengthen the airport’s long-term appeal and functionality for airlines and passengers alike.