Air Cargo

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

IBA Comments: Lufthansa Group returns to profit due to record cargo result

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

“Lufthansa Group has reported adjusted operating profit of EUR€1.5bn (4.6% margin) returning to its first annual profit since 2019. The EBIT margin is broadly in line with peers IAG and Air France-KLM." - Geoff van Klaveren, Managing Director – Advisory at IBA

Lufthansa Cargo achieves record result for the third time in a row

AJOT Newsroom | March 03, 2023 | Air Cargo | Freighters | By The Numbers

Strong growth trend in the belly segment continues today and now accounts for around half of Lufthansa Cargo's transport capacities.

India talks with Embraer, Sukhoi to make small jets locally

Bloomberg | March 03, 2023 | Air Cargo

India is looking to partner with global aircraft manufacturers, including Embraer SA and Russia’s Sukhoi, to make small planes locally as it seeks to improve connectivity in tiny towns and far-flung areas, according to people familiar with the matter.

Japan Airlines: added back to Nikkei 225, Stock Average

Bloomberg | March 03, 2023 | Air Cargo | Airlines

Japan Airlines Co. will be added back to the Nikkei 225 Stock Average for the first time since it relisted in 2012.

Boeing seals 737 Max order from HK’s Greater Bay airlines

Bloomberg | March 03, 2023 | Air Cargo | Airlines

WorldACD Air cargo trends for the past 5 weeks (wk 8):

AJOT Newsroom | March 02, 2023 | Air Cargo | Freighters

Global air cargo tonnages and average rates continue stable trend

Qantas to hire 8,500 workers over a decade to reverse Covid cuts

Bloomberg | March 02, 2023 | Air Cargo | Airlines

Qantas Airways Ltd. plans to hire 8,500 more workers in the next decade, about the same number it cut during the pandemic, underscoring aviation’s growth trajectory less than a year after the crisis.

ANTONOV Airlines` AN-124-100 safely completed the urgent transcontinental transportation of the sensitive cargo

The Ukrainian ANTONOV Airlines – world leader in outsized and super heavy cargo transportations continues supporting the energy sector by delivering the solar turbine in the short notice

Avia Solutions Group has become Irish-based company

AJOT Newsroom | March 02, 2023 | Air Cargo | Airlines

‘Time for a new baseline’ as air cargo capacity rose above pre-pandemic level in February for first time in 4 years

AJOT Newsroom | March 02, 2023 | Air Cargo | Freighters

Global air cargo volumes fell -4% year-on-year in February as available cargo capacity rose above the pre-pandemic level for the first time in four years, according to the latest weekly market analysis from CLIVE Data Services, part of Xeneta.

Singapore Air unit bucks trend to sound bullish on China demand

Bloomberg | March 02, 2023 | Air Cargo | Airlines

American Airlines goes all-in on a $15 billion debt-cutting plan

Bloomberg | March 02, 2023 | Air Cargo | Airlines

LATAM Group completes its first international flight with sustainable aviation fuel (SAF)

• The flight was operated by LATAM Cargo Chile from Zaragoza, Spain, to North America. • This co-processed sustainable aviation fuel was produced from used cooking oil. This component has an attributed CO2 reduction factor of 80% during its life cycle.

London Southend Airport up for sale as owner Esken begins breakup

Bloomberg | March 02, 2023 | Air Cargo | Airports

Biden-Harris Administration announces nearly $1B in bipartisan infrastructure law airport funding awarded to meet surging air travel demand

AJOT Newsroom | March 02, 2023 | Air Cargo | Airports

• Larger security checkpoints, more reliable and faster baggage systems, better roadways and multimodal connections are just some of the improvements passengers will see. • Funding going to small, medium and large communities across the country.

Chapman Freeborn delivers lifesaving aid to Turkey and Syria

AJOT Newsroom | March 01, 2023 | Air Cargo | Charters

Chapman Freeborn, the global air charter specialist and part of Avia Solutions Group, has chartered numerous flights from across the world to deliver humanitarian aid to Turkey and Syria following the 7.8 magnitude earthquake on the 6th February 2023.

Kansas City’s $1.5 billion airport renovation spurs hopes for business boom

Bloomberg | March 01, 2023 | Air Cargo | Airports

Kansas City, Missouri, views its new $1.5 billion airport terminal as a shiny gateway, symbolic of the economic and commercial success that city officials expect is forthcoming.

Airbus warns customers they’ll face longer waits for newest A321

Bloomberg | March 01, 2023 | Air Cargo | Airlines

Airbus SE is advising customers they’ll face longer waits for its newest jetliner, the long-range A321XLR, according to people familiar with the matter, adding to pressure on carriers trying to source planes to meet surging demand for travel as Covid fades.

Dachser initiates climate protection strategy with up to 30 percent less greenhouse gas emissions

As a part of its climate protection strategy, Dachser is initiating measures for greater sustainability in the airfreight industry. From March 1, 2023, Dachser's airfreight customers will benefit from an additional booking option called Sustainable Fuel.