Air Cargo

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

Lufthansa Group to buy up to 100 737 MAX jets in first Boeing single-aisle order in nearly 30 years

AJOT Newsroom | December 19, 2023 | Air Cargo | Airlines

SpiceJet considers buying grounded Indian carrier Go Air

Bloomberg | December 19, 2023 | Air Cargo | Airlines

Airline shopping spree hands Airbus, Boeing big year of orders

Bloomberg | December 19, 2023 | Air Cargo | Airlines

Cathay Pacific releases traffic figures for November 2023

AJOT Newsroom | December 19, 2023 | Air Cargo | Airlines

Cathay Pacific today released its traffic figures for November 2023, which saw a good growth in air cargo carried largely driven by seasonal sales events and year-end demand.

[Freightos Weekly Update] Red Sea diversion causing delays and climbing rates

Fitch Ratings Assigned a “B” Rating, With a “Stable” Outlook, to Avianca Group Due to the Results of Its Business Plan

AJOT Newsroom | December 19, 2023 | Air Cargo | General

This rating reflects the company's solid position in Latin America, efficient cost structure, moderate leverage, and healthy liquidity level resulting from its restructuring process. It also considers the proper execution of...

EasyJet shareholders approve $20 billion plane order

Bloomberg | December 19, 2023 | Air Cargo | Airlines

EasyJet Plc shareholders signed off on an almost $20 billion aircraft order from Airbus SE, making the carrier one of the planemaker’s biggest customers in Europe.

‘Blockbuster’ storm knocks out electricity from New York to Virginia

Bloomberg | December 18, 2023 | Air Cargo | Airports | Trucking

A “blockbuster” storm tearing up the East Coast that has already knocked out power to more than 500,000 customers and grounded hundreds of flights promises to bring flooding rain and dangerous winds through Monday.

CPaT announces new contract with NG Eagle Airlines

AJOT Newsroom | December 18, 2023 | Air Cargo | Airlines

CPaT Global, the world’s leading provider of distance learning for the airline and aviation industry, today announced they have been awarded a new contract with NG Eagle Airlines. CPaT will be providing Aircraft Systems along with our full Aircraft Procedures Training Suite for their Airbus A320 and Boeing B737 NG fleets. In addition, NG Eagle Airlines will also be utilizing CPaT’s Cabin Crew Training Suite.

Revival of winter travel turns jet fuel into oil’s bright spot

Bloomberg | December 18, 2023 | Air Cargo | Airlines | Energy

Soaring demand for travel this winter is boosting refiners’ margins for making jet fuel in Asia, providing a bright spot for the oil market even as the outlook for other transport fuels weakens.

US fines Southwest Airlines $140 million after 2022 meltdown

Bloomberg | December 18, 2023 | Air Cargo | Airlines

The US Department of Transportation fined Southwest Airlines Co. $140 million for violating consumer protection laws, nearly a year after a late December meltdown of its operations during a storm stranded more than 2 million passengers.

Amsterdam joins fight to cut Schiphol Airport’s capacity

Bloomberg | December 18, 2023 | Air Cargo | Airports

Amsterdam’s municipality called for flights at Schiphol airport to be cut by 12% to reduce noise pollution, intensifying the battle between politicians and airlines over the hub’s capacity.

NYC braces for a powerful storm packing heavy rain and winds

Bloomberg | December 17, 2023 | Air Cargo | Airports | Trucking

Ryanair’s O’Leary nears €100 million bonus as shares hit record

Bloomberg | December 17, 2023 | Air Cargo | Airlines

China shows off its C919 passenger jet with flyby of Hong Kong’s Victoria Harbour

Bloomberg | December 16, 2023 | Air Cargo | Airlines

China displayed its aircraft-manufacturing credentials by conducting a flyby of Hong Kong’s Victoria Harbour with a domestically made passenger plane designed to take on Airbus SE and Boeing Co. narrowbodies.

Lufthansa returns to Tel Aviv with flights from next month

Bloomberg | December 16, 2023 | Air Cargo | Airlines

Alaska Air Group Inc.‘s 2020-1B raised to ‘BBB+’ from ‘BBB’ on improved collateral coverage; 2020-1A affirmed

AJOT Newsroom | December 15, 2023 | Air Cargo | General

S&P Global Ratings today raised its issue-level rating on Alaska Air Group Inc.'s 2020-1 Class B enhanced equipment trust certificates (EETC) to 'BBB+' from 'BBB'. This was driven by a higher collateral credit score because...

APSO, Quantum-South’s Air Cargo Optimization Tool, now accessible on IATA’s open API hub

Quantum-South | December 15, 2023 | Air Cargo | Technology

Quantum-South is pleased to announce that its innovative product, Automatic Package Selection and Ordering (APSO), is now available on the International Air Transportation Association's (IATA) Open API Hub...

WorldACD Weekly Air Cargo Trends (week 49)

AJOT Newsroom | December 15, 2023 | Air Cargo | General

Peak-season tonnages up 3% on last year...

World’s first air cargo terminal equipped with intelligent cargo thermal detection system to enhance aviation safety

AJOT Newsroom | December 15, 2023 | Air Cargo | General

Aerovision Technology Limited (ATL) and Hong Kong Air Cargo Terminals Limited (Hactl) have signed a collaboration agreement to install ATL’s patented intelligent cargo thermal detection system at suitable locations within...

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