Most all-cargo carriers that buy used passenger planes rebuild them for heavy cargo. Easter Airlines has a quicker, cheaper idea.
Passenger airlines are going crazy for cargo. WestJet is following the lead of Canadian rival Air Canada in starting a dedicated freighter business to capitalize on strong air cargo demand.
Excerpt: Most airlines survived the pandemic financial crisis, but will they survive the recovery?
The U.S. military withdrawal from Afghanistan couldn’t be accomplished without massive cargo transport planes. But tapping commercial resources could deprive other companies from using those aircraft.
Finding cargo space on aircraft these days is a challenge. Now comes another layer of demand from U.S. fruit growers looking to export from the West Coast.
SmartLynx Airlines is leasing passenger aircraft to fly cargo before using them for their traditional role.
Ocean container shipping company CMA CGM has a new cargo airline that’s flying to more places.
Airfreight markets around the world are facing serious capacity constraints. Trade growth is overwhelming the physical ability of carriers to move goods and it’s reflected in transport prices.
Aircraft conversion houses tear apart passenger aircraft, then reinforce the walls and floor so they can handle heavy cargo on the main deck. Business is growing along with trade.
Cargojet wants a bigger slice of the U.S. e-commerce and heavy air cargo market. It’s looking for an investment opportunity and has identified new trends in e-commerce that will keep volumes high in North America.
You think you can just book your cargo on a plane to avoid the ocean shipping congestion at the Suez Canal? Guess again. Freighters were flying full even before the Ever Given got stuck, so finding space will be very difficult.
Welcome aboard, freight customers. You’re now flying CMA CGM to the U.S. East Coast instead of taking a container ship.
There’s no time for deliberation these days if you want to get high-value cargo shipped by air. It’s a strong seller’s market in the air cargo world. If you see it, book it and don’t worry about the price.
Edmonton International Airport is investing in more cargo capacity to support e-commerce and other industries that increasingly are seeking air transport.
Airfreight markets are topsy-turvy in the COVID era, but importers and exporters can count on one thing: paying two to three times normal rates. CFOs will have to increase their transport budgets if they want goods to move quickly.
“The longer it takes for us to communicate to each other … the longer the end customer, who we are all focused on at the end of the day, has to wait for information.”
The air cargo market is doing much better than passenger business for airlines. It could reach equilibrium, following the pandemic shock, in the next few months.
UNICEF is helping less developed countries with supply chain needs associated with distributing coronavirus vaccines.
