Air Cargo

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

IAG Cargo strong Q1 financial results shows confident start to 2022

AJOT Newsroom | May 06, 2022 | Air Cargo | Freighters | By The Numbers

IAG Cargo reports revenues of €432 million for Q1 2022; an increase of 23.4 per cent on the same time in 2021

Air Cargo

Bloomberg | May 06, 2022

British Airways parent IAG slows growth amid staff shortage

British Airways parent IAG SA reported worse-than-expected earnings and tempered plans to boost capacity after staffing shortages at London’s Heathrow airport slowed its U.K. expansion.

Dubai Aerospace writes off $538 million on planes tied to Russia

Bloomberg | May 06, 2022 | Air Cargo | Airlines

JAL sees return to profit as Japan moves to reopen borders

Bloomberg | May 06, 2022 | Air Cargo | Airlines | By The Numbers

KLM scraps flights amid Amsterdam Schiphol labor turmoil

Bloomberg | May 05, 2022 | Air Cargo | Airlines

Lufthansa, Air France predict bumper summer, wary over costs

Bloomberg | May 05, 2022 | Air Cargo | Airlines

US cargo and passenger airlines add 6,546 jobs in March 2022 for new COVID-19 pandemic high

AJOT Newsroom | May 05, 2022 | Air Cargo | Airlines

Air freight capacity takes off, and rates descend, with boost in Europe-US flight numbers

AJOT Newsroom | May 05, 2022 | Air Cargo | Freighters

KLM scraps more flights amid Amsterdam Schiphol labor turmoil

Bloomberg | May 05, 2022 | Air Cargo | Airports

Qantas buys Alliance in $553 million charter flight deal

Bloomberg | May 05, 2022 | Air Cargo | Charters

Mumbai Airport gets $750 million in Apollo private placement

Bloomberg | May 04, 2022 | Air Cargo | Airports

Wider problems on the ground slow air cargo’s Covid recovery for a second consecutive month

AJOT Newsroom | May 04, 2022 | Air Cargo | Freighters

All the factors which curtailed the growth recovery of the general air cargo market in March continued to impact the industry in April with volumes at -8% year-over-year. Airfreight rates remained elevated despite the addition of new capacity, as airlines launched their summer schedules, according to the latest weekly market analysis by CLIVE Data Services, part of Xeneta.

Airbus’s new A321XLR jetliner faces shorter flight times on fire safety concerns

Bloomberg | May 04, 2022 | Air Cargo | Airlines

Airbus SE may need to reduce the top range of its coming A321XLR jetliner, a key selling point for the new narrowbody, as European regulators seek to lessen the fire risk from an extra fuel tank in its rear fuselage, according to people familiar with the matter.

Korean Air sales rival pre-Covid levels on strong cargo showing

Bloomberg | May 04, 2022 | Air Cargo | Airlines

Korean Air Lines Co. reported preliminary revenue that’s almost back at pre-Covid levels on a quarterly basis as the carrier’s strong presence in cargo makes up for still-weak passenger traffic.

US airlines’ March 2022 fuel consumption down 10% from pre-pandemic 2019; aviation fuel cost per gallon hits 8-year high

AJOT Newsroom | May 04, 2022 | Air Cargo | Airlines

IAG Cargo enhances its operations between Spain and USA

AJOT Newsroom | May 03, 2022 | Air Cargo | Freighters

• IAG Cargo has revived several routes from Spain to the USA resulting in over 120 weekly connections • The schedule offers regular connectivity to Los Angeles, Chicago, Miami, Boston, and New York • Over 250,000 tons of cargo are moved through IAG Cargo’s Madrid hub every year