Aersale revenue down in Q1 2023
Aersale reported quarterly revenue of $78.3 million, down on the $122.8 million in the first quarter of 2022. The company reported net income of $5,000 compared to the $17.2 million for the prior-year...
Aersale reported quarterly revenue of $78.3 million, down on the $122.8 million in the first quarter of 2022. The company reported net income of $5,000 compared to the $17.2 million for the prior-year...
Etihad Cargo has teamed up with Descartes Systems Group to enhance the visibility of its air shipments by using Bluetooth technology. The carrier will install Descartes' next-generation Bluetooth trac...
Japan Airline (JAL) is planning to re-introduce three Boeing 767-300ER Freighters in its fleet by the end 2023. The airline last flew the B767 freighters in 2010, almost 13 years back. The airline is ...
Shenzhen Sharing Express Logistic-Tech (SSELT) and European Cargo are to operate a freight route linking Chengdu Shuangliu International Airport and Bournemouth Airport on the south coast of Britain. ...
Air Canada Cargo has announced the receipt of two Boeing 767-300 freighters, which are to enter service "soon". “We are thrilled to see our two factory-built Boeing 767 freighters land in Toronto for...
DHL reported a 18.7% year-on-year fall in air freight volume in the first quarter of 2023 (Q1 2023). Airfreight revenues decreased by 39.6% year on year to €1.7bn with profit was down 29.9% to €342m. ...
Flag carrier ITA Airways has hopped on the sustainable aviation fuel bandwagon by signing a first agreement under the Fly with SAF programme with logistics business DB Schenker Italy. The companies ar...
Scandinavian Airlines (SAS) is promoting Markus Ek from vice president global sales to chief executive of SAS Cargo. Ek, who is filling in as head of the SAS transformation office, will helm the cargo...
RwandAir has launched a new African cargo hub in in Kigali in partnership with Qatar Airways Cargo as a part of a long-term strategic plan for the cargo division of RwandAir. The initiative will help ...
Avia Soluti0ns Group company Magma Aviation has started "regular scheduled flights to China". "The company’s China operations address a growing demand and broaden its access to customers in the APAC r...
Fitch Ratings has downgraded Western Global Airlines’ (WGA) Long-Term Issuer Default Rating (IDR) to 'CCC-' from 'B-'. Fitch has also removed the IDR from Rating Watch Negative. Fitch has downgraded W...
Cargojet reported C$231.9 (US$ 170.5) million revenue in first quarter 2023 (Q1 2023) revenue, down on the C$233.6 million for 2022. Gross margin for the quarter was C$45.5 million compared to Q1 2022...
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