Air Cargo

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

Cargo drones revenue to attain US$ 41,337.1 million by 2033, below 15 Km cargo drones hold 34.3% share

AJOT Newsroom | April 17, 2023 | Air Cargo | Technology

The global cargo drone market is estimated at US$ 10,580.2 million in 2023 and is expected to expand at an impressive CAGR of 14.6% during the forecast years of 2023-2033.

Air Cargo

Bloomberg | April 16, 2023

FedEx pilots ratchet up labor talks with vote on possible strike

FedEx Corp.’s unionized pilots will begin voting this week whether to authorize a strike, ratcheting up pressure in contract negotiations that have dragged on longer than expected.

Iran sentences 10 airmen to prison over downed Ukraine airliner

Bloomberg | April 16, 2023 | Air Cargo | Airlines

Thailand to fast-track aircraft additions to rein in air fares

Bloomberg | April 15, 2023 | Air Cargo | Airlines

FAA certified Opticooler® RKN

AJOT Newsroom | April 14, 2023 | Air Cargo | Technology

Operation at US-based airlines in preparation

Air Charter Service invests in Mexico, opening an office in the capital

AJOT Newsroom | April 14, 2023 | Air Cargo | Charters

World-leading aircraft charter specialist, Air Charter Service, has announced the opening of a new office in the centre of Mexico City, the company’s 12th operation in the Americas and 30th in total.

New life sciences air cargo logistics community established in Puerto Rico

AJOT Newsroom | April 14, 2023 | Air Cargo | Airports

Puerto Rico, the number one bioscience manufacturing hub in the U.S. by export volume, is launching a Government-backed new Life Sciences Air Cargo Logistics Community, bringing together all parts of the supply chain with the objective of becoming the most important Life Science hub in the Americas.

American Airlines Cargo announces expansive summer widebody schedule

AJOT Newsroom | April 14, 2023 | Air Cargo | Airlines

The carrier will increase monthly widebody flights by more than 400 from the summer of 2022

Ethiopian Airlines and AFRAA’s “Aviation Convention” in May will change the narrative of African airline industry

AJOT Newsroom | April 14, 2023 | Air Cargo | Airlines

In light of Africa’s vast landmass, its population accounting for 16% of the world population, and its low share of global trade of 2%, the continent is an excellent opportunity to develop air transport...

Boeing falls as parts issues stifle 737 Max Deliveries

Bloomberg | April 14, 2023 | Air Cargo

Boeing Co. is pausing deliveries of some 737 Max jets to address a production issue on the rear end of some aircraft, dealing a setback to the US manufacturer just as it ramps up production of the model that’s a major cash cow for the company.

Air Cargo

Bloomberg | April 14, 2023

EasyJet, L’Oréal face inflation test: EMEA earnings week ahead

A smattering of reports this week — some of them unscheduled — gave a foretaste of the opportunities and risks that lie in store for European companies as the first-quarter earnings season gets under way.

US drone delivery startup gets approval in New Zealand. EU and Australia could be next

Bloomberg | April 14, 2023 | Air Cargo | Technology

A US startup has won permission to fly drones over people and beyond the view of their operators in New Zealand, a key regulatory step that could help open the skies over the EU, Australia and Canada to broader commercial use of unmanned aircraft.

WorldACD Weekly Air Cargo Trends (week 14):

AJOT Newsroom | April 13, 2023 | Air Cargo | Airlines | By The Numbers

Global demand decline deepens: Worldwide air cargo demand has slipped further into decline after showing tentative signs of stabilizing in the last two months...

January 2023 U.S. Airline Traffic Data

AJOT Newsroom | April 13, 2023 | Air Cargo | Airlines

U.S. airlines carried 67.1 million systemwide (domestic and international) scheduled service passengers in January 2023 according to the Bureau of Transportation Statistics (BTS)...

Delta eyes profit beat ahead of crucial summer travel season

Bloomberg | April 13, 2023 | Air Cargo

Delta Air Lines Inc. sees profit this quarter topping Wall Street’s estimates, buoyed by steady bookings heading into the crucial summer travel season, even as it posted weaker-than-expected results for the first months of the year.

Airbus regains €100 billion market value last seen before Covid

Bloomberg | April 13, 2023 | Air Cargo | Airlines

Airbus SE has clawed back a €100 billion ($110 billion) market value last reached before the coronavirus pandemic in early 2020 knocked the stock, as a rapid rebound in air travel swells the planemaker’s order book.

NTT DATA awarded contract to enhance Air Canada digital employee experience

AJOT Newsroom | April 12, 2023 | Air Cargo | Technology

First lightweight active container made its maiden flight as part of a collaboration between Swiss Airtainer, Swiss WorldCargo and B.P.L. Biotech & Pharma Logistics

AJOT Newsroom | April 12, 2023 | Air Cargo | Technology

Swiss WorldCargo, Swiss Airtainer, and B.P.L. have announced the launch of a self-sustaining airfreight container for life-saving medicine that brings significant weight reduction of 250kgs and thereby less fuel consumption.