Air Cargo

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

Lufthansa names Streichert from Amadeus as next finance chief

https://www.ajot.com/images/uploads/article/Pyka_Pelican_Cargo_Dirt_Landing.jpg

Pyka and SNC partner to offer large-scale all-electric cargo UAS to U.S. Department of Defense

AJOT | May 06, 2024 | Air Cargo | Technology | Green Shipping

Partnership introduces RUMRUNNER, a modified edition of Pyka's Pelican Cargo for contested logistics

Air Cargo

Chris Barnett | Top Story | May 06, 2024

Aloha Air Cargo to cancel Honolulu - LA - Honolulu freighter June 1

Aloha Air Cargo is exiting its Honolulu to Los Angeles to Honolulu B767-300 freighter service June 1, citing the route’s unprofitability.

https://www.ajot.com/images/uploads/article/WESTJET__an_Alberta.jpg

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

AJOT | May 06, 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

https://www.ajot.com/images/uploads/article/Norse_Air.jpg

Norse Atlantic Airways celebrates inaugural flight from LA to Paris

AJOT | May 06, 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

https://www.ajot.com/images/uploads/article/Westjet_tarmac.jpg

WestJet issues lockout notice to aircraft maintenance staff

Bloomberg | May 05, 2024 | Air Cargo | Airlines

Westjet Airlines Ltd. issued a 72-hour lockout notice to the union representing the airline’s maintenance engineers, setting up a possible work disruption as early as Tuesday for Canada’s second-biggest airline.

https://www.ajot.com/images/uploads/article/NAM_B747_Freighter.jpg

Network Airline Management to expand B747 freighter fleet in 2024

AJOT | May 03, 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.

https://www.ajot.com/images/uploads/article/WorldACD_-_Weekly_Report_-_wk17_2024.jpg

WorldACD Weekly Air Cargo Trends (week 17)

AJOT | May 03, 2024 | Air Cargo | General

Tonnage surge continues from Central & South America...

Abu Dhabi hub carrier Etihad adds banks to $1 billion IPO

Bloomberg | May 03, 2024 | Air Cargo | Airlines

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

Bloomberg | May 03, 2024 | Air Cargo | Airlines

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

AJOT | May 02, 2024 | Air Cargo | Technology

[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

https://www.ajot.com/images/uploads/article/Air_cargo_spot_rate.jpg

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.

https://www.ajot.com/images/uploads/article/Avianca_stats.png

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.