Air Cargo

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

Airlines divert some Africa flights as Niger airspace closes

Bloomberg | August 07, 2023 | Air Cargo | Airports

Jazeera Airways reports KD6.27 million (US$20.37m) net profit for first half 2023

AJOT Newsroom | August 07, 2023 | Air Cargo | Airlines

Autonomous delivery poses security challenges, Arrive has the solution

AJOT Newsroom | August 07, 2023 | Air Cargo | Technology

WorldACD Weekly Air Cargo Trends (week 30):

AJOT Newsroom | August 04, 2023 | Air Cargo | Freighters

Tonnages down -5% in July

Ethiopian Air-backed carrier to start in Nigeria by October

Bloomberg | August 04, 2023 | Air Cargo | Airlines

An airline established by Ethiopian Airlines Group in partnership with institutional investors and the Nigerian government plans to start operations in the West African nation as early as October.

Wizz Air scales back growth plans on engine woes

Bloomberg | August 04, 2023 | Air Cargo

Cathay unseats Singapore Air as stock winner on travel revival

Bloomberg | August 04, 2023 | Air Cargo | Airlines

A reversal in the fortunes for shares of Cathay Pacific Airways Ltd. and Singapore Airlines Ltd. may extend further as Hong Kong’s flagship carrier springs back to life after years of pandemic restrictions.

Southwest pilots lose bid to be freed from contract talks

Bloomberg | August 03, 2023 | Air Cargo | Airlines

Southwest Airlines Co. pilots were denied a request to halt contract talks with the carrier, a step that could have brought them closer to a strike.

Spirit Air expects more groundings as Pratt engine fallout grows

Bloomberg | August 03, 2023 | Air Cargo | Airlines

Spirit Airlines Inc. has grounded seven planes due to problems with its Pratt & Whitney engines and the carrier expects to take more aircraft out of service in the coming weeks.

July demand indicates a ‘winter of discontent’ for airlines and forwarders as global air cargo rates continue to plunge

AJOT Newsroom | August 03, 2023 | Air Cargo | Freighters

Shippers will hold the upper hand in the next round of winter airfreight rates negotiations after another month of falling demand in July saw volumes drop -2% month-over-month, and the general global air freight spot rate decline at a hastening pace of 40% or more for a fourth consecutive month, according to the latest weekly market analysis by CLIVE Data Services, part of Xeneta.

Cathay Pacific nears lease deal for 18 Airbus A321neos

Bloomberg | August 03, 2023 | Air Cargo | Airlines

Travelport delivers British Airways’ NDC content on Travelport+, providing faster and easier access for agents

AJOT Newsroom | August 03, 2023 | Air Cargo | Technology

Travelport, a global technology company that powers travel bookings for hundreds of thousands of travel suppliers worldwide, today announced that New Distribution Capability (NDC) content from British Airways is now live on the Travelport+ platform.

Airlines slash prices to convince Americans to vacation closer to home

Bloomberg | August 03, 2023 | Air Cargo | Airlines

Lufthansa, Wizz slide on cost pressures, capacity plan pullbacks

Bloomberg | August 03, 2023 | Air Cargo | Airlines

Wizz Air scales back growth plans on engine woes, yields

Bloomberg | August 03, 2023 | Air Cargo | Airlines

Boeing supplier Spirit Aero slides most in three years as cash burn tops $200 million

Bloomberg | August 02, 2023 | Air Cargo | Airlines

CBP officers in Louisville intercept 130 designer watches worth $4.24 million

AJOT Newsroom | August 02, 2023 | Air Cargo | Airports | International Trade

One of the most common counterfeited items seized by U.S. Customs and Border Protection (CBP) officers are watches, and one of the main shipping hubs located in Louisville sees their fair share.

American Air in talks with Airbus, Boeing for 100-jet deal

Bloomberg | August 02, 2023 | Air Cargo | Airlines

American Airlines Group Inc. is in talks with Airbus SE and Boeing Co. to order at least 100 narrowbody jets to replace some of the oldest aircraft in its fleet, according to people familiar with the matter.

U.S. airlines’ June 2023 fuel cost per gallon down 0.7% from May 2023; aviation fuel consumption down 1.1% from pre-pandemic June 2019

Bob Kirk | August 02, 2023 | Air Cargo | Airlines | Energy

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ June 2023 fuel cost and consumption numbers indicating U.S. scheduled service airlines used 1.597 billion gallons of fuel, 2.0% more fuel than in May 2023 (1.566 billion gallons) and 1.1% less than in pre-pandemic June 2019.

Etihad Cargo exceeds operational performance targets

AJOT Newsroom | August 02, 2023 | Air Cargo | Freighters

• Etihad Cargo has achieved 82.7 per cent OTP for freighter departures and 82 per cent OTP for freighter arrivals, ahead of its 80 per cent target • The carrier surpassed its 85 per cent DAP target, achieving 90.6 per cent

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