Air Cargo

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

Ontario International Airport cargo volume still stronger than pre-pandemic levels

AJOT Newsroom | May 12, 2022 | Air Cargo | Airports | By The Numbers

South Africa sets plans to cash In on revived national carrier

Bloomberg | May 12, 2022 | Air Cargo | Airlines

South Africa’s government has retained special voting rights in the country’s national carrier even after selling a majority stake, and will be given 3 billion rand ($186 million) in preference shares that can be redeemed through future cashflow.

Boeing downplays 777X cancellation risk despite new delay

Bloomberg | May 12, 2022 | Air Cargo | Airlines

Tower Cold Chain sets sights on doubling its global network as L.A. hub opens

AJOT Newsroom | May 12, 2022 | Air Cargo | Logistics

Reducing aviation emissions by 55% by 2030: Can it be done?

AJOT Newsroom | May 12, 2022 | Air Cargo | Airlines | By The Numbers

If so, what are the extra costs of decarbonization measures?

Fraport Traffic Figures for April 2022: Slowdown in cargo traffic continues

AJOT Newsroom | May 12, 2022 | Air Cargo | Airports | By The Numbers

Frankfurt Airport records strongest month since the pandemic began – Fraport’s Group airports worldwide report dynamic increase in demand – Greek airports almost reach pre-crisis levels – Fraport Traffic Figures for April 2022: Slowdown in cargo traffic continues

Etihad Cargo has appointed Tim Isik as Vice President - Commercial

Etihad Cargo, the cargo and logistics arm of Etihad Aviation Group, has appointed Tim Isik as Vice President – Commercial. Based in Etihad Cargo's headquarters in Abu Dhabi, Isik will oversee the carrier's global commercial operations.

Tata Group names new Air India CEO from partner Singapore Airlines’ budget unit

The chief executive officer of Singapore Airlines Ltd.’s budget unit is leaving to head Tata Group-owned Air India Ltd., taking on a role that a former Turkish Airlines chairman recently turned down after facing political opposition.

Rolls-Royce says China curbs weighing on jet-engine recovery

Bloomberg | May 12, 2022 | Air Cargo | Airlines

Collaboration and partnerships are the pillars of CargoAi’s success

AJOT Newsroom | May 12, 2022 | Air Cargo | Technology

In less than three years, the world’s only cloud-native air cargo solutions provider, CargoAi, has succeeded in overtaking some of its close competitors and has already attracted a quarter of the world’s airline capacity to its digital marketplace. More airline and GSA contracts are in place to double this by the end of this year.

Dubai Airports posts best quarter in two years as travel surges

Bloomberg | May 12, 2022 | Air Cargo | Airports | By The Numbers

Passenger jet bursts into flames during takeoff in China

Bloomberg | May 12, 2022 | Air Cargo | Airlines

Cushman & Wakefield advises sale of industrial park near Van Nuys Airport in Los Angeles for $85 million

AJOT Newsroom | May 12, 2022 | Air Cargo | Airports | Logistics

Cushman & Wakefield has advised the sale of a ±13.43-acre industrial park comprising five buildings totaling 95,600 square feet with two land parcels totaling ±4.17 acres all on the same cul-de-sac in Los Angeles. The portfolio is strategically located adjacent to the Van Nuys Airport. Boston real estate investment firm Longpoint Realty Partners acquired the portfolio from a Private Ownership for $85 million.

East Coast jet fuel prices remain higher than other spot price hubs

AJOT Newsroom | May 12, 2022 | Air Cargo | Airports | Energy

The spot jet fuel price in New York Harbor traded at record-high levels for several weeks in April. The price has since declined, but it has remained higher than the prices at both the U.S. Gulf Coast and the Amsterdam, Rotterdam, and Antwerp (ARA) trading hubs. The high jet fuel prices coincide with record-low jet fuel inventory levels on the East Coast and rising demand for air travel. A confluence of supply and demand factors has contributed to increased price volatility in the East Coast jet fuel market.

Lufthansa Cargo orders ten Boeing freighters

AJOT Newsroom | May 12, 2022 | Air Cargo | Freighters

The Lufthansa Group has announced that it will invest in expanding the capacity of Lufthansa Cargo's freighter fleet. The airline has ordered a total of ten freighters - including three current-technology Boeing 777F freighters and seven 777-8F freighters, Boeing's next-generation freighter. In addition, leases for two Boeing 777F freighters (current technology), which run through 2024, will be extended for seven years each through 2031.

Soaring fuel costs cast shadow for the US economy this summer

From neighborhood gas stations to America’s interstate highway system to the friendly skies, soaring fuel costs amid dwindling supplies look set to further squeeze consumers and businesses alike this summer.

Vienna Airport and Lufthansa Cargo launch pharma cooperation

AJOT Newsroom | May 11, 2022 | Air Cargo | Airports

Vienna Airport handles temperature-sensitive pharma transports for Lufthansa Cargo

Principal shareholders of Avianca and controlling shareholder of GOL to create Abra Group, a leading air transportation group across Latin America

AJOT Newsroom | May 11, 2022 | Air Cargo | Airlines

VINCI Airports achieves level 4 of the ACA environmental accreditation for the management of Portuguese airports

AJOT Newsroom | May 11, 2022 | Air Cargo | Airports

VINCI Airports, concessionaire for Portugal's airports, has received level 4 of the ACA (Airport Carbon Accreditation)[1] for nine of its Portuguese ANA airports: Lisbon, Porto, Faro, Ponta Delgada, Santa Maria, Horta, Flores, Madeira and Porto Santo.