Air Cargo

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

Cathay CEO outlines rebuild with profit in sight this year

Bloomberg | March 15, 2023 | Air Cargo | Airlines

After being hit during the pandemic harder than pretty much any airline still flying, Cathay Pacific Airways Ltd. has a very good chance of posting a net profit this year and returning to full capacity in 2024, according to Chief Executive Officer Ronald Lam.

United slumps on loss forecast as airlines warn of high costs

Bloomberg | March 14, 2023 | Air Cargo | Airlines

United Airlines Holdings Inc. tumbled the most in three months after warning that high labor costs will result in a surprise loss this quarter.

JetBlue-Spirit DOT action paused until “Antitrust Suit” is decided

Bloomberg | March 14, 2023 | Air Cargo | Airlines

Federal transportation regulators will decide whether to challenge JetBlue Airways Corp.’s purchase of Spirit Airlines Inc. only after the Justice Department’s lawsuit to block the deal is decided, setting up lengthy litigation over the deal.

Secretary Raimondo: Statement on Saudi Arabia’s purchase of Boeing aircraft

AJOT Newsroom | March 14, 2023 | Air Cargo | Freighters

Riyadh Air and Saudia made an announcement of their selection of (78) 787 Boeing aircraft with options for (43) more 787 Boeing aircraft for their expansion plans...

Ryanair will have (99) 737 Max Jets within weeks as Boeing delays ease

Bloomberg | March 14, 2023 | Air Cargo

Ryanair Holdings Plc will have 99 Boeing 737 Max aircraft by the end of March as the US manufacturer works its way through a backlog of orders.

Recovery continues: Fraport’s 2022 fiscal year marked by strong demand

AJOT Newsroom | March 14, 2023 | Air Cargo | Airports | By The Numbers

United slumps after forecast of surprise loss on labor costs

Bloomberg | March 13, 2023 | Air Cargo | Airlines

United Airlines Holdings Inc. warned it will post a surprise loss this quarter as it grapples with high labor costs.

Indian aviation industry gradually moving out of turbulent phase

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

The international passenger traffic for Indian carriers is likely to surpass the pre-Covid levels in FY2023 itself while exceeding the peak of FY2019 in FY2024

21 Greenfield airports to be set up in India

AJOT Newsroom | March 13, 2023 | Air Cargo | Airports

Out of 21, 11 greenfield airports viz. Durgapur, Shirdi, Kannur, Pakyong, Kalaburagi, Orvakal (Kurnool), Sindhudurg, Kushinagar, Itanagar, Mopa, and Shivamogga have been operationalized.

HiFly welcomes second A330-200 to the fleet

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

The charter-lessor operator HiFly has in recent days announced their acquisition of a second Airbus A330-200 aircraft.

S&P Global Ratings: Criteria for Global Aircraft ABS published

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

German airports face fresh disruption as staff plan pay strike

Bloomberg | March 13, 2023 | Air Cargo | Airports

North American Helicopter: Investing at MidAmerica St. Louis Airport, with newest addition of a K-MAX® Aircraft

AJOT Newsroom | March 10, 2023 | Air Cargo | Project

North American Helicopter, debuted its newly acquired K-MAX® medium-to-heavy lift aircraft with an aerial firefighting demonstration on the airport grounds on March 6.

Airlines are struggling with engines just as travel rebounds

Bloomberg | March 10, 2023 | Air Cargo | Airlines

This year was supposed to herald air travel’s big comeback, with China reopening, airlines ramping up flight schedules and airports going on a hiring spree to handle the surge.

Heavy demand for promotional $48 flights crashes JAL’s website

Bloomberg | March 10, 2023 | Air Cargo | Technology

Japan Airlines Co. halted sales of steeply discounted tickets for domestic flights after demand overwhelmed the carrier’s website.

U.S. Cargo and passenger airlines added 3,093 Jobs in January 2023

AJOT Newsroom | March 10, 2023 | Air Cargo | Airlines

Employment Remains 7.8% Above Pre-Pandemic January 2019...

Boeing & GMR partner to create “freighter conversion” line in Hyderabad

AJOT Newsroom | March 10, 2023 | Air Cargo | Freighters

Boeing on Friday announced an agreement with GMR Aero Technic to establish a new Boeing Converted Freighter (BCF) line in...

FedEx strengthens recruitment in India, and announces Advanced Capability Community in Hyderabad

AJOT Newsroom | March 10, 2023 | Air Cargo | Airlines

Each community is planned to be staffed by full-time FedEx team members across many functional areas who will provide...

WorldACD Weekly Air Cargo Trends (week 9)

AJOT Newsroom | March 10, 2023 | Air Cargo | Freighters

Global tonnages rebound while average rates soften

Pacific Park to retire original Sea Dragon

The original Sea Dragon ride opened with Pacific Park on May 26, 1996, and after carrying more than 12 million guests will take its last ride via heavy-duty helicopter...

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