Air cargo industry faced stress test in 2023
2023 was a tumultuous year for airfreight. The downturn in business put pressure on the industry, but the year ended with some optimism.
2023 was a tumultuous year for airfreight. The downturn in business put pressure on the industry, but the year ended with some optimism.
Japan Airlines is restarting its freighter division after 13 years and will fly three 767s exclusively for DHL.
The Winnipeg Airport Authority is ready to begin the next phase of its cargo expansion and modernization project with an investment from the Canadian government.
A new owner sees air cargo potential for underutilized property at Calgary airport in Alberta, Canada.
Air China Cargo is adding Airbus freighters to its fleet after previously operating Boeing jets.
Striking airport workers at the DHL Express hub outside Cincinnati have picked up support from union members around the country, slowing customer shipments.
Turkish Airlines said it plans to buy five large freighters from Airbus.
Spain-based Swiftair plans to lease a couple Airbus A321 modified cargo jets next year.
After two consecutive years of negative growth, air cargo is shaping up for a rebound in 2024, according to the International Air Transport Association and industry experts.
Western Global Airlines is starting with a clean slate after completing Chapter 11 bankruptcy, but still faces difficult market conditions.
Airbus beat out Boeing for Cathay Pacific’s order of new heavy freighters.
DHL Express workers went on strike Thursday at the Cincinnati/Northern Kentucky Airport.
Reliable Robotics successfully tested its autopilot system with no one on board the Cessna cargo plane.
DHL Express says it has procedures to ensure there are no service disruptions if unionized ramp workers at its Cincinnati air hub go on strike.
Maersk, the giant ocean shipping carrier, is testing a U.K. airport as a possible import base for its cargo airline.
Cargo airline Amerijet is operating fewer aircraft to conserve money as shipping demand from major customers shrinks.
Alaska Airlines will inherit a cargo business for Amazon as part of its acquisition of Hawaiian Airlines.
Atlas Air Worldwide on Tuesday announced the order of two 777 freighters from Boeing in response to strong demand for international e-commerce shipping, one of the few areas of strength in a freight market that has bottomed out after 18 months of decline and led airlines to reel in expansion plans. The two new 777 […]
The White House recently publicized Flexport for facilitating purchases of sustainable aviation fuel because of the California connection to Asia-Pacific trade and sustainability, although the program isn’t particularly novel.
Israeli cargo reservation platform Freightos is struggling to make money in a bad freight market and now faces the extra challenge of operating in the middle of a war zone.