Air Cargo

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

Go First cancels all flights until May 9th

AJOT Newsroom | May 05, 2023 | Air Cargo | Airlines

Citing operational reasons, Go First stated that it was canceling all flights until 9 May and that a full refund will be issued to affected passengers...

Lufthansa grounds aircrafts; Citing similar engine issues faced by “Go First”

AJOT Newsroom | May 05, 2023 | Air Cargo | Airlines

"Lufthansa temporarily grounds a third of its Airbus A220 fleet in Zurich due to issues with Pratt & Whitney engines," Lufthansa said in a statement on Thursday...

Air France-KLM retreats as worries mount on pace of rebound

Bloomberg | May 05, 2023 | Air Cargo | Airlines

Air France-KLM left investors guessing about the strength of its recovery, abstaining from a full-year profit forecast and trimming its capacity prediction as French air-traffic control strikes and engine shortages inject uncertainty into the outlook.

IAG boost outlook after swinging to profit in first quarter

Bloomberg | May 05, 2023 | Air Cargo

IAG SA raised its full-year earnings outlook after reporting a surprise profit in the typically weak first quarter, highlighting how the airline industry has rapidly bounced back from the depths of the pandemic slump.

British Airways-owner posts surprise profit: The London Rush

Bloomberg | May 05, 2023 | Air Cargo | Airlines

Go Air may have planes repossessed, complicating rescue efforts

Bloomberg | May 05, 2023 | Air Cargo

Magma Aviation inaugurates its first regular flights into China

AJOT Newsroom | May 04, 2023 | Air Cargo | Freighters

Magma Aviation, the innovative air cargo solutions company, has added its first regular scheduled flights to China to its roster.

China’s holiday air travel boost a bright spot for battered oil

Bloomberg | May 04, 2023 | Air Cargo | Airlines

Pratt engine woes grounded Go First planes for 17,000 days

Bloomberg | May 04, 2023 | Air Cargo | Airlines

Faults with engines supplied by Pratt & Whitney to Go Airlines India Ltd. forced the budget carrier to keep part of its fleet of brand-new Airbus SE jets on the ground for a total of 17,244 days over the past three years, according to a legal filing in a Delaware court.

United to triple SAF use in 2023, adds SAF on flights at San Francisco Airport

• Airline planning to use 10 million gallons of sustainable aviation fuel in 2023 – about three times more than 2022 and 10 times more than in 2019 • United also welcomes new corporate participants to its Eco-Skies Alliance program, who will contribute to the purchase of sustainable aviation fuel • United has purchased more SAF1 and expects to fly more miles using SAF this year than any airline2

Etihad Cargo expands Chinese network with introduction of fourth gateway destination

AJOT Newsroom | May 03, 2023 | Air Cargo | Freighters

• Etihad Cargo operated its inaugural flight to Wuhan Tianhe International Airport in the Hubei province of China on 29 April 2023. • Etihad Cargo operates ten weekly freighter flights to China, including eight to Shanghai and two flights per week to the Hubei Province in partnership with SF Airlines, with a further five weekly passenger flights to Beijing Daxing, Shanghai and Guangzhou. • The additional flights will provide access to 25 domestic Chinese destinations for Etihad Cargo's customers.

Lufthansa drops as easing supply chain lowers air cargo profit

Bloomberg | May 03, 2023 | Air Cargo | Freighters

Deutsche Lufthansa AG said first-quarter earnings at its air cargo division fell as global freight rates declined, denting a continued recovery in demand for summer tourism travel.

Airbus vows faster year-end deliveries after slack first quarter

Bloomberg | May 03, 2023 | Air Cargo | Airlines

New facility targets Hong Kong temperature-sensitive e-commerce

AJOT Newsroom | May 03, 2023 | Air Cargo | Airports

Hong Kong Air Cargo Industry Services Limited (Hacis), the value-added logistics arm of Hong Kong Air Cargo Terminals Limited (Hactl), has opened a new climate-controlled facility – “Cool Zone” – to cater for the increasing volumes of perishable and temperature-sensitive e-commerce traffic transiting Hong Kong.

Amsterdam’s airport Is on a quest to ban private jets

Bloomberg | May 03, 2023 | Air Cargo | Airports

Indian Oil plans green jet fuel plant to meet surging demand

Indian Oil Corp. is planning to build a 10 billion rupee ($122 million) sustainable aviation fuel plant as global supplies run significantly short of what’s needed by airlines to meet decarbonization goals.