Icelandic cargo airline Bluebird Nordic shuts down
Bluebird Nordic had ambitious growth plans a year ago. Now the cargo airline is out of business.
Bluebird Nordic had ambitious growth plans a year ago. Now the cargo airline is out of business.
Air Canada said Thursday it changed its mind about investing in two widebody freighters and will rely on its growing passenger fleet to increase cargo capacity.
Lufthansa’s freighter division faced external headwinds and rising costs that impaired its growth during the first quarter.
Geopolitics and internal operating challenges prevented Air France-KLM from generating more cargo revenue during the first quarter, when the freight economy improved.
Modest growth in domestic e-commerce volumes plus improved aircraft utilization from network rebalancing helped Canadian airline Cargojet further stabilize performance during the first quarter, setting the table for growth this year despite lingering concerns about inflation. Cargojet (TSX: CJT) reported Tuesday that revenue of US$169 million was nearly flat year over year, while adjusted earnings […]
Global Crossing Airlines, a hybrid passenger-cargo charter airline based in Miami, on Thursday was the first commercial airline to fly into Haiti since warring gangs closed the main airport in Port-au-Prince in early March. The Airbus A321 converted cargo jet carried U.S. State Department humanitarian aid for the ravaged country. Coordinated gang attacks on institutions […]
Amerijet, trying to pull out of a downward spiral, is floating possible furloughs to address a pilot surplus.
Hawaiian Airlines won’t fly as many cargo jets for Amazon as expected this year because of supply issues and Amazon’s timing preference for integrating aircraft into the fleet.
UPS is working to transition U.S. Postal Service business from incumbent air cargo supplier FedEx and hire more pilots before the current contract officially ends.
The air cargo sector grew more than 10% during the first quarter on the back of e-commerce exports from China and supply chain disruptions in the Red Sea.
Analysts said Shein could help Flexport get a boost in volume and revenue that the firm has seen decreasing throughout the freight recession.
The Federal Aviation Administration has warned a cargo airline that supports the Pacific Islands that it plans to fine it $2.9 million for poor safety compliance.
United Airlines nearly closed the year-over-year gap in cargo revenue during the first quarter as the air logistics sector shakes off a lengthy slump.
CMA CGM Air Cargo, with roots in the container shipping industry, plans to add 11 large freighters from Boeing and Airbus within three years. The first additions will enable the start of an Asia-U.S. service this summer.
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It’s not a great return on investment to acquire an aircraft and immediately ground it because demand is soft. But that’s what Saltchuk Aviation and its Alaska-based subsidiary Northern Air Cargo have done.
The air cargo market’s upturn helped Delta Air Lines in the first quarter, but revenues were still lower than in 2022.
The U.S. Postal Service picked UPS to replace FedEx as its primary partner for moving parcels by air, but analysts say FedEx actually comes out ahead by losing the business.
iAero, a contract carrier for DHL Express, says it is going out of business by the end of the week.
UPS will take over flying mail and parcels for the U.S. Postal Service later this year. FedEx is relinquishing the contract but says the move will make it more profitable.