UPS is replacing MD-11s with more fuel-efficient Boeing 767 freighters as reducing costs and carbon emissions become increasingly important.
American Airlines generated strong cargo sales in 2022 even as market conditions deteriorated.
United Airlines saw cargo revenue dip but exceeded financial expectations in the fourth quarter.
Delta Air Lines carried more than $1 billion in cargo below passengers’ feet last year, setting a company record.
FedEx Express is looking to trim fat at the largest cargo airline in the world and lean on rental fleets to fill in needs.
Cargo continued to dominate the passenger side at Korean Air during the third quarter.
Uber Technologies reported earnings Tuesday before the bell, and investors took kindly to the results.
Air Canada has extra cargo capacity thanks to its first freighters, but that didn’t prevent a 23% fall in cargo revenue in the third quarter.
Lufthansa Airlines’ cargo subsidiary continued to earn profits during a difficult third quarter, even as the market softened.
The air cargo market’s deceleration this year had a greater impact on third-quarter cargo revenues at American Airlines than its primary rivals, Delta and United Airlines. But the best revenue […]
