Running on Ice: Shippers get cleaner
Shippers get clearer, Philadelphia airport gets more space, and Cup Noodles gets in the Oktoberfest spirit.
Shippers get clearer, Philadelphia airport gets more space, and Cup Noodles gets in the Oktoberfest spirit.
Novadev is tackling aviation sustainability by focusing on the air cargo sector.
Air Belgium says it never recovered from lost business during the COVID pandemic, in contrast to most passenger carriers. It says it can’t make money selling tickets to consumers and will focus on doing business with other airlines.
All Nippon Airways will soon function in one place at Narita Airport instead of at decentralized cargo warehouses.
DSV is a logistics company, not an airline, but it is strategically adding freighters it controls through long-term leases based on demand in certain lanes.
Too many freighter aircraft, especially single-aisle passenger conversions, are entering the market and lowering lease rates. But production continues to hum because cargo operators need more aircraft over the long term to support e-commerce growth and replenish aging fleets.
A DHL airline has begun providing regular connectivity to Argentina within the DHL parcel network.
The Department of Labor is investigating Western Global Airlines’ founder for allegedly enriching himself at the expense of employees who bought equity in the company.
The U.S. is pressing Mexico to review a complaint by pilots at Mas that they were harassed over associations with a labor union.
Avianca is investing in capacity and quality control because it sees growth opportunities in the Latin American air cargo market.
Lufthansa Cargo no longer has to truck shipments back and forth to Detroit Metro Airport from an outside warehouse after opening a facility next to the airfield.
Boeing has found an aviation services company in Jordan to carry out cargo conversions of used 737-800 jets.
Toronto Pearson airport plans to replace an office park with a cargo facility with funding from the Canadian government, which is also helping an Inuit-owned airline move more cargo.
Freight booking platform Freightos is working to reduce its cash burn as it continues to grow and add new products.
Smaller airports without big-city crowds offer many advantages to all-cargo airlines and shippers, which are taking more business to those locations.
The current valley in airfreight demand hasn’t spooked Air Transport Services Group, which continues to invest in freighter aircraft for its leasing and airline businesses.
Cargojet trimmed its express flying in Canada, but lower fuel costs and other cost measures made for a relatively healthy bottom line last quarter under weak market conditions.
Second-quarter cargo revenue at Air Canada fell 24% — not so bad in the context of global market conditions.
Cathay Pacific is rebuilding its passenger network after a three-year pandemic freeze, and the network effect is greatly benefiting the freighter operation.
Freighter operator Western Global got in financial trouble when the overheated air cargo market cooled off last year and nearly shut down this summer before getting a financial lifeline from creditors and filing for bankruptcy.