ATSG reports revenue increase in 2022
US lessor and cargo carrier Air Transport Services Group (ATSG) has reported $2bn in revenue for 2022, up 18% on 2021, with $533 million coming in the fourth quarter (Q4 2022). Pretax earnings were $6...
US lessor and cargo carrier Air Transport Services Group (ATSG) has reported $2bn in revenue for 2022, up 18% on 2021, with $533 million coming in the fourth quarter (Q4 2022). Pretax earnings were $6...
Logistics business Kuehne+Nagel and the Birmingham Airport Authority have announced a partnership they say "will expand business opportunities for both the company and the region". "This is the first...
Cathay Pacific has rebranded its cargo business as Cathay Cargo aligning with the airline’s overarching brand redesign. The airline claims that the new brand name reinforces the existing strong brand ...
Atlas Air has reported net income of $355.9 million ($10.53 per diluted share), adjusted net income of $418 million (or $14.23 per diluted share) and earnings [EBIDTA] of $899.2 million for 2022, with...
The FedEx Express master executive council of the Air Line Pilots Association, International (ALPA) has unanimously backed the union's pilots holding a strike authorisation vote. The vote decision com...
FedEx and Mountain Air Cargo (MAC) have announced the world's first C408 SkyCourier route in Florida. The first connection was between Tallahassee and Orlando and was flown by MAC captain Samantha Sze...
Asia Cargo Network (ACN) group and MENA aerospace (MEA) have kick started their operations from Bahrain. The ACN-MEA strategic partnership deployed two units of 737-300F aircraft that are currently in...
Scandinavian Airlines (SAS) has announced that freight company client DSV will buy sustainable aviation fuel (SAF) for all its corporate travel with the carrier in 2023. "Since Covid, we have been abl...
DHL Express recently launched GoGreen Plus a service that will enable the customers to reduce carbon emissions associated with their shipments through the use of sustainable aviation fuel (SAF). "This...
Cargo drone airline Dronamics has raised $40 million from venture capital funds and angel investors in 12 countries. Dronamics, which is the first such business to get a European operating licence, sa...
UK-based AMS Aircraft Services has been exclusively retained to re-market three Boeing 747-400 Combi aircraft on behalf of their owner. The aircraft were manufactured between 1997 and 2000 and are pow...
Airlines and cargo carriers are continuing to contribute to relief work being carried out in earthquake-stricken regions of Turkey and Syria. UPS said a Boeing 767 is taking off every ...
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