Air Cargo

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

Volocopter wants to be Tesla of the skies with eye toward an IPO

Bloomberg | November 17, 2022 | Air Cargo | Technology

Air-taxi pioneer Volocopter GmbH said it expects to remain independent until after its first commercial flights in 2024 despite regular interest from potential suitors, with a stock market listing likely the following year.

Air Canada announces Bolloré Logistics as first cargo customer to join Leave Less Travel Program

AJOT Newsroom | November 17, 2022 | Air Cargo | Freighters | Energy | Alternative | Logistics

Air Canada announced today that Bolloré Logistics has become the first Air Canada Cargo customer to join the Leave Less Travel Program, which offers corporate and cargo customers effective options to offset or reduce their greenhouse gas (GHG) emissions related to business travel or freight transportation, and reduce their carbon footprint.

FedEx Freight unit furloughs workers as cargo demand slows

Bloomberg | November 17, 2022 | Air Cargo | Freighters

IAG Cargo expands Asia-Pacific capacity with restart between London and Tokyo

AJOT Newsroom | November 16, 2022 | Air Cargo | Freighters

IAG Cargo expands Asia-Pacific capacity with restart between London and Tokyo

WorldACD Air cargo trends for the past 5 weeks (wk 44):

AJOT Newsroom | November 16, 2022 | Air Cargo | Freighters

Further global weakening of air cargo tonnages and rates

IBA’S latest carbon index reveals differing regional attitudes to Corsia Emissions Regulation

AJOT Newsroom | November 16, 2022 | Air Cargo | General | Freighters

IBA has published its latest aviation Carbon Emissions Index in partnership with KPMG. The analysis uses IBA NetZero scenarios to shine a light on regional attitudes to emerging CORSIA emissions regulation.

First UK Spaceport wins license, boosting Branson launch bid

Bloomberg | November 16, 2022 | Air Cargo

Finnair to shed a quarter of cabin crew jobs in race for savings

Bloomberg | November 16, 2022 | Air Cargo

Finnair Oyj revealed plans to eliminate about a quarter of its cabin crew posts in Finland after the closure of Russian airspace upended a business model based on flights to Asia, forcing the firm into steep cost cuts.

Air France to face possible strikes during year-end holidays

Bloomberg | November 16, 2022 | Air Cargo

Air France-KLM’s French arm faces possible strikes throughout the year-end holiday as workers step up pressure to adjust salaries in the face of spiraling inflation.

CPSL opens new purpose-built Pharma Handling Centre at the Cathay Pacific Cargo Terminal

AJOT Newsroom | November 15, 2022 | Air Cargo | Airports

Cathay Pacific Services Ltd (CPSL) earlier this month opened its newest facility at the Cathay Pacific Cargo Terminal, a fully temperature-controlled area of over 1,250 square metres dedicated to the handling of pharmaceutical products.

South African Airways deal takes hit as owner loses key hire

Bloomberg | November 15, 2022 | Air Cargo | Airlines

United becomes first U.S. airline to invest in biofuel refinery

AJOT Newsroom | November 15, 2022 | Air Cargo | Airlines | Energy | Alternative

Frontier, foreign airlines ordered to refund $600 million

Bloomberg | November 15, 2022 | Air Cargo | Airlines

UK gives Korean Air, Asiana one week to address merger concerns

Bloomberg | November 14, 2022 | Air Cargo | Airlines

Ontario International Airport volume reached single-month high in October

AJOT Newsroom | November 14, 2022 | Air Cargo | Airports

Hactl scores again at Supply Chain Asia awards

AJOT Newsroom | November 14, 2022 | Air Cargo | Airports

Jet Air’s new owner says probe into executive isn’t an obstacle

Bloomberg | November 14, 2022 | Air Cargo | Airlines

Russian indicted in Norway for flying drone denies guilt

Bloomberg | November 14, 2022 | Air Cargo | Technology

Malaysia Airlines considers doubling Boeing Max order

Bloomberg | November 14, 2022 | Air Cargo | Airlines

Airbus CEO sees energy crisis weighing on production next spring

Bloomberg | November 14, 2022 | Air Cargo | Airlines | Energy

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