Air Cargo

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

Drone market is estimated to be valued at US$ 279 Bn by 2032, identifies Fact.MR

AJOT Newsroom | September 06, 2022 | Air Cargo | Technology

According to Fact.MR's latest analysis, the drone industry is predicted to develop at a CAGR of 25% between 2022 and 2032, anticipated to reach US$ 279 Bn. Drone technology aimed at supplying precision-based, guided weapons is causing important advancements in the defense sector, and is likely to be the backbone of global market growth.

Air Cargo

AJOT Newsroom | September 06, 2022

Menzies Aviation selected as new cargo ground handler at Philadelphia International Airport

The City of Philadelphia (Airport or PHL) Division of Aviation, and Aviation Facilities Company (AFCO) has announced that they will be partnering with Menzies Aviation, as a new cargo ground handler at the Airport, along with Kale Logistics Solutions, as the technology solution provider for the Airport’s cargo community system. The companies will be key players in the PHL Cargo Expansion Strategy, announced last year in support of increasing regional demand for air cargo and logistics in and around the Airport. The new facilities and technology that will be introduced through this partnership will not only improve cargo throughput, but also serve PHL’s passenger airlines.

Alder Fuels and Enviva partner to further scale and commercialize sustainable aviation fuel supply chains

Bankruptcy risk seen higher for Europe’s airlines this winter

Bloomberg | September 06, 2022 | Air Cargo | Airlines

Lufthansa averts pilots strike after last-minute pay raise offer

Bloomberg | September 06, 2022 | Air Cargo | Airlines

Deutsche Lufthansa AG averted a disruptive pilot strike after raising its pay offer, a move that will avoid cancellations while complicating the airline’s efforts to boost profit and pay down debt.

South Africa’s biggest airport closes a runway after grass fire

Bloomberg | September 05, 2022 | Air Cargo | Airports

Super typhoon prompts evacuation orders, canceled Japan flights

Bloomberg | September 03, 2022 | Air Cargo | Airports

WorldACD Air cargo trends for the past 5 weeks (wk 34)

AJOT Newsroom | September 02, 2022 | Air Cargo | Freighters | By The Numbers

Air cargo volumes and rates increase end of August

Emirates to restart Lagos flights after Nigeria releases funds

Bloomberg | September 01, 2022 | Air Cargo | Airlines

Hong Kong’s extensive cargo efforts applauded

AJOT Newsroom | September 01, 2022 | Air Cargo | Airports

Cathay Pacific’s hub, Hong Kong International Airport receives top billing by the Airports Council International (ACI)

U.S. airlines’ July 2022 fuel consumption down 9.5% from pre-pandemic 2019; aviation fuel cost per gallon drops 8.2% in July from June 2022 all time high

AJOT Newsroom | September 01, 2022 | Air Cargo | Airlines | Energy

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ July fuel cost and consumption numbers indicating U.S. scheduled service airlines used 1.52 billion gallons of fuel, 5.6% more fuel than in June 2022 (1.44B gallons) and 9.5% less than in pre-pandemic July 2019. The cost per gallon of fuel in July 2022 ($3.71) was down 33 cents (8.2%) from June 2022 ($4.04) and up $1.73 (87.4%) from July 2019. Total July 2022 fuel expenditure ($5.64B) was down 3.3% from June 2022 ($5.83B) and up 69.9% from pre-pandemic July 2019.

Inflation, supply-chain issues and Covid in China to hit airfreight demand, Cathay warns

Bloomberg | September 01, 2022 | Air Cargo | Freighters

Cathay Pacific Airways Ltd., one of the world’s biggest airfreight operators, warned that inflation, supply-chain snags and Covid restrictions in China could lead to weaker cargo demand in this year’s peak season.

Etihad Cargo enhances customer service capabilities with contact center system upgrade

AJOT Newsroom | September 01, 2022 | Air Cargo | Freighters

Air Cargo

Bloomberg | September 01, 2022

Lufthansa to scrap flights at major German hubs amid strike

Deutsche Lufthansa AG will suspend almost its entire flight operations in Frankfurt and Munich on Friday because of a strike by pilots who are demanding higher pay, adding another day of major disruptions to what has already turned into a summer of travel chaos.

Hong Kong airport trial runs passenger influx in easing signal

Bloomberg | September 01, 2022 | Air Cargo | Airports

Draghi’s ITA plan becomes political fodder for Italian election

Bloomberg | September 01, 2022 | Air Cargo | Airlines

Flight delays prompt revamp of airline meal, hotel offerings

Bloomberg | September 01, 2022 | Air Cargo | Airports

US gets warrant to seize Boeing 737 owned by Russia’s Lukoil

Bloomberg | August 31, 2022 | Air Cargo | Airlines

Pilots at Lufthansa unit Eurowings vote to strike on jobs, hours

Bloomberg | August 31, 2022 | Air Cargo | Airlines

Bolloré Logistics partners with United Airlines to purchase 3 million liters of SAF

On 20 July, Bolloré Logistics and United Airlines entered into an innovative partnership relating to the purchase of three million litres of sustainable aviation fuel for 2022. This collaboration demonstrates Bolloré Logistics’ ongoing determination to pursue its commitments by developing sustainable offers to help decarbonise air freight transport.

Air Cargo

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