Air Cargo

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

Gerry’s Group, Arif Habib among bidders for Pakistan Airline

Bloomberg | May 03, 2024 | Air Cargo | Airlines

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WorldACD Weekly Air Cargo Trends (week 17) - 2024

AJOT | May 03, 2024 | Air Cargo | General

Tonnage surge continues from Central & South America...

Air Cargo

Chris Barnett | Top Story | May 02, 2024

Aloha Air Cargo to cancel Honolulu - LA - Honolulu freighter

Aloha Air Cargo to cancel its Honolulu to Los Angeles to Honolulu 767 Freighter on June 1...

AIBOT secures first distribution of $15 million CalCompetes Grant, demonstrating significant progress and commitment to California

AJOT | May 02, 2024 | Air Cargo | Technology

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Norse Atlantic Airways celebrates inaugural flight from LA to Paris

AJOT | May 02, 2024 | Air Cargo | Airlines

• For the first time travelers from LA will be able to fly to Paris with Norse Atlantic • Flights from LA (LAX) to Paris (CDG) will start from $239 one-way, including taxes and fees

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Network Airline Management to expand B747 freighter fleet in 2024

AJOT | May 02, 2024 | Air Cargo | Freighters

Network Airline Management (NAM) continues to strengthen and extend its long-term partnership with Air Atlanta Icelandic (AAI) by adding two further B747-400F production freighter aircraft to its fleet. The two new aircraft will join NAM’s fleet entering service in the latter part of Q3, into the start of Q4 of 2024, respectively.

[Freightos Weekly Update] Ocean rates leveling off, but remain elevated on Red Sea impacts

India deregisters Go first’s planes, pushing carrier closer to collapse

Bloomberg | May 02, 2024 | Air Cargo | Airlines

Adani flagship’s profit drops, gets queried by Indian regulator

Bloomberg | May 02, 2024 | Air Cargo | Airports

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Air cargo’s ‘black swan’ event sees demand peak, as attention turns to Q4 market

AJOT | May 01, 2024 | Air Cargo | Freighters

The impact of air cargo’s ‘black swan’ event – conflict in the Red Sea disrupting ocean freight services – showed signs of easing in April but volume growth still registered the fourth straight month of +11% increases in global air freight demand, according to the latest weekly data analysis by Xeneta.

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The WestJet Group’s growth strategy comes to life in Halifax this summer amidst return of transatlantic air connectivity

AJOT | May 01, 2024 | Air Cargo | Airlines

Alexis von Hoensbroech, WestJet Group CEO, commemorates first visit to Halifax with key partners and community members, reaffirming commitment to Atlantic Canada

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Avianca Group announces first quarter 2024 financial results

AJOT | May 01, 2024 | Air Cargo | Airlines

• The Group posted $272 million in EBITDAR, at a 21.5% margin. • Liquidity position remains strong at $971 million. • The Company’s continued commitment to focus on being affordable for all, leads to more passengers transported year-over-year and a strengthened load factor despite a significant capacity increase.

Biden paves way for US corn to profit from green jet fuel

Air Cargo

Bloomberg | Top Story | May 01, 2024

Biden paves way for US corn to profit from green jet fuel

President Joe Biden’s administration issued long-awaited guidance on the production of green jet fuel, paving the way for US corn ethanol producers to profit from the new market.

Boeing Starliner space capsule faces a shaky commercial future

Bloomberg | May 01, 2024 | Air Cargo | Technology

Vertical Aerospace overhauls leadership as CFO takes on top job

Bloomberg | May 01, 2024 | Air Cargo | Technology

Proxy adviser Glass Lewis urges vote against Boeing CEO

Bloomberg | May 01, 2024 | Air Cargo | Airlines

Spirit Aero, Airbus near critical talks on fate of supplier

Bloomberg | April 30, 2024 | Air Cargo | Airlines

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LATAM and Zurich Airport Brasil celebrate the inauguration of the Europe-Florianópolis route

AJOT | April 30, 2024 | Air Cargo | Freighters

• The operation takes place on Mondays and Thursdays on Boeing 767-300F cargo aircraft departing from Amsterdam (Netherlands) and Brussels (Belgium) • The unprecedented route facilitates imports in southern Brazil of cargo from Europe, making transportation more dynamic, especially for pharmaceuticals • An event at Floripa Airport to celebrate the new route was attended by authorities, executives from both companies, and industry representatives

Composites make world’s largest airship possible

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IAG Cargo invests 1.5 million Euros in Madrid perishables facility expansion

AJOT | April 30, 2024 | Air Cargo | Freighters

IAG Cargo, the cargo division of International Airlines Group (IAG), has recently invested €1.5 million into the expansion of its temperature-controlled perishables facility in Madrid. This forms part of a total €12 million invested in the business’ Spanish hub over the last 6 years...