Global air cargo rates have been ""gradually increasing"" in the week of May 20 to 26, while tonnage has been ""decreasing slightly"", according to data from WorldACD. Average global rates remain s...
Global air cargo demand has shown strong year-on-year (YoY) growth in the first month of second quarter 2024, according to the International Air Transport Association (IATA). Its data highlights ch...
Atlas Air Worldwide and Nippon Cargo Airlines (NCA) have renewed their partnership, marked by a signing ceremony at the NCA headquarters in Tokyo. A statement from Air Atlas said of the signing: ""...
Air cargo rates and tonnages from Middle East and Asian markets, particularly to Europe, remain high as strong demand, as well as disruptions to ocean freight services throughout the week of May 13 to...
SmartLynx Airlines has launched a partnership with Brazilian Cargo solution company Levu Air Cargo (Levu). SmartLynx has signed a dry-lease agreement for one of its A321F making Levu the first comp...
ASL Airlines Australia (ASLA) has welcomes its first 737-800 freighter aircraft to its fleet. It is the first 737 converted freighter to operate in Australia. The company added the aircraft to its fle...
DHL Supply Chain has partnered with Levu Air Cargo to launch a domestic air transport solution for cargo in Brazil. The project, which will receive an investment of €90.5 million ($98 million), inc...
Air cargo demand, measured in cargo tonne-kilometres (CTKs), rose by 10.3 in March 2024, compared to March 2023, data from the International Air Transport Association (IATA) showed. Global capacity, m...
HSBC Global Research analysts have upgraded UPS’ rating to ‘buy’ following its improved Q1 results, estimating that its volumes and margins are set to turn around from Q4 2024, as HSBC looks to potent...
Ahead of the DHL Group’s Q1 2024 earnings results, HSBC Global Research analysts have predicted a 23% lower EBIT for the quarter as ‘the B2B segment remains challenged’ despite an improvement in overa...
Global air cargo rates have continued to rise at around 2-3% consecutively through the first week of April with surges from the Middle East and South Asia (MESA) to Europe over the past three weeks, m...
The Japan Airlines (JAL) Group has expended its summer 2024 international cargo freighter schedule, with the Narita to Tianjin route to be operated five times a week using the 767 aircraft. The sum...
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