Air Cargo

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

IndiGo profit beats forecast as fuel cost drops, demand jumps

Bloomberg | August 02, 2023 | Air Cargo | Airlines

Jet service Volato to go public via SPAC with new funding

Bloomberg | August 02, 2023 | Air Cargo | Airlines

Aviation company Volato is going public via a blank-check transaction valuing the combined company at $261 million on an enterprise basis in a deal paired with an unusual funding round.

AirJapan to begin Tokyo-Bangkok flights in February with fares low as $109

Bloomberg | August 02, 2023 | Air Cargo | Airlines

The FAA approves largest uncrewed aircraft system in the US

Bloomberg | August 02, 2023 | Air Cargo | Technology

Electric aircraft startup Pyka is bringing its drone to the US for use as crop sprayers.

cargo-partner introduces new air freight consolidation services between Western Europe and Asia

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

The international transport and info-logistics provider has once again expanded its service portfolio with a range of new air freight solutions, consolidating shipments between key airports across Western Europe and various locations in Asia.

JetBlue’s profit warning fuels concern over US travel demand

Bloomberg | August 01, 2023 | Air Cargo | Airlines

CPaT to provide distance learning solutions to Pakistani airline, Airblue

AJOT Newsroom | August 01, 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 Airblue. CPaT will be providing Airblue with Aircraft Systems and General Subjects training for pilots for the Airbus A320 CEO and Airbus A320 NEO.

Air China resumes daily flights between Beijing and Munich

AJOT Newsroom | August 01, 2023 | Air Cargo | Airlines

After an interruption of more than three years, the last Asian long-haul carrier has returned to Munich Airport following the pandemic.

IBA acquires Fleetwatch to enhance insight capabilities

AJOT Newsroom | August 01, 2023 | Air Cargo | Technology

JetBlue slashes profit outlook on slowing domestic demand

Bloomberg | August 01, 2023 | Air Cargo | Airlines

DHL to invest $192M USD at its hub at the Cincinnati/Northern Kentucky International Airport to accommodate growing fleet

AJOT Newsroom | July 31, 2023 | Air Cargo | Airports

DHL, the world’s leading provider of international express shipping, will invest $192M USD in an expansion project at its Americas global hub based at the Cincinnati/Northern Kentucky International Airport (CVG).

Cargo airline Western Global reaches bankruptcy financing deal

Bloomberg | July 31, 2023 | Air Cargo | Freighters

Western Global Airlines LLC has reached a deal with creditors that would allow the cargo carrier to keep operating while it reworks its debt load in a potential bankruptcy, according to people familiar with the matter.

IBA comment: Impact of Heathrow fuel supply issues on carbon emissions

AJOT Newsroom | July 31, 2023 | Air Cargo | Airports | Green Shipping

Has America’s air travel boom peaked?

Bloomberg | July 31, 2023 | Air Cargo | Airlines

The air travel boom in the US appears to be fading.

Clear led a flyer carrying ammo under a false name to TSA, sparking probe

Bloomberg | July 29, 2023 | Air Cargo | Airports

A US government probe has found flaws in airport fast-track service Clear Secure Inc.’s process for speeding customers through security lines, leaving the company to defend its business against the agency responsible for guarding the country’s skies.

Surf Air’s rough debut serves as cautionary tale for direct listings

Bloomberg | July 29, 2023 | Air Cargo | Airlines

Going public via direct listing can be a bit of a gamble. For Surf Air Mobility Inc., it proved to be more like a spin on the roulette wheel.

ANA HOLDINGS - Financial Results for three months ended June 30, 2023

AJOT Newsroom | July 28, 2023 | Air Cargo | General | By The Numbers

ANA HOLDINGS INC. reports its financial results for the three months ended June 30, 2023...

IAG Cargo reports revenues for H1 2023

AJOT Newsroom | July 28, 2023 | Air Cargo | Airlines | By The Numbers

Today, IAG Cargo, the cargo division of International Airlines Group (IAG) reported its financial results for H1 2023. The business reported commercial revenues of...