Lufthansa Group doubles net profit to $2.1bn
Lufthansa Group has doubled its net profit from €791 million ($862 million) to €1.67bn ($2.1bn) for the full year of 2023. Total revenue increased from €30.9bn ($33.7bn) to €35.4bn ($38.58bn). ""Wi...
Lufthansa Group has doubled its net profit from €791 million ($862 million) to €1.67bn ($2.1bn) for the full year of 2023. Total revenue increased from €30.9bn ($33.7bn) to €35.4bn ($38.58bn). ""Wi...
Air cargo saw a strong start to the year with total demand, measured in cargo tonne-kilometres (CTKs), up 18.4% in January 2024 year-over-year (YoY). International operations were up 19.8%. According ...
Global air cargo tonnages have rebounded strongly in the final full week of February after the typical Lunar New Year (LNY) dip, according to WorldACD Market Data. Concurrently, key Asia-Europe sea-ai...
Ethiopian Airlines Group has launched its new ecommerce logistics facility at its Ethiopian Cargo & Logistics site at the Bole International Airport. The facility is dedicated to ecommerce, mail and c...
Figures released by the Association of Asia Pacific Airlines (AAPA) revealed a strong start to the year for the region. It reported ""healthy growth"" in both international passenger traffic and cargo...
Air cargo and related services company ATSG has reported a net loss of $15 million for the fourth quarter of 2023, down from its fourth quarter net earnings of $42.6 million in 2022. The company re...
Etihad Airways’ cargo and logistics arm, Etihad Cargo, has signed a three-year agreement with Worldwide Flight Services (WFS) for handling services at twelve international airports. Under the new s...
Turkish Airlines' Turkish Technic, working with Elbe Flugzeugwerke, has successfully completed its first A330 passenger to freight plane (P2F) conversion. It is the first in a series of P2F conversion...
Recent weeks have witnessed a substantial surge in tonnages at several key Asia-Europe sea-air hubs as shippers turn to alternative logistics solutions amidst disruptions to container shipping caused ...
Korean Air has signed an agreement to strengthen its air cargo partnership with Vienna International Airport, capturing growing demand between Korea and Austria. Through the new agreement, Korean Air ...
SriLankan Cargo will launch its first digital sales channel through a new partnership with digital air cargo booking provider cargo.one. ""Our digital sales progression is now a key driver of our g...
Air cargo export rates have surged in week five (January 29 to February 4), the full final week ahead of lunar new year on February 10, 2024, according to a WorldACD market data report. The report sug...
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