Emirates SkyCargo has hired startup Compass Cargo Airlines to operate two Boeing 747-400 freighters in its global freight network.
Several freighter operators are flying new routes this year between Europe, Asia and the Middle East to meet increased customer demand.
Federal Express’ strategy for improving profitability and soft parcel volumes includes redeploying aircraft for daytime international flights to capture containerized cargo.
Air Canada bought two medium 767 cargo jets from Boeing last year with the goal of growing the cargo business, but changing economic factors have led the company to lease the planes to Ethiopian Airlines.
The air logistics sector has been riding high all year, but market watchers caution that growth in 2025 could slow sharply.
The air cargo market will double in size over the next 20 years, and express will be the industry’s main growth engine, Boeing said in a new forecast.
Delivery of replacement aircraft for five freighters recently retired by Avianca Cargo has been pushed back by six months or more, but the airline has still been able to maintain revenue levels.
The air cargo market has enjoyed a banner year, but the peak shipping season is less pronounced.
Amazon has added 21 Air to its roster of air cargo transport providers.
Air Transport Services Group said fewer aircraft in revenue service plus higher expenses led to a reduction in core operating profit during the third quarter, but the current quarter is expected to be better.
The company that produces A321 converted freighters is adding a production line in Japan on the expectation that cargo airlines in the region will need more standard-size freighters.
The strong air cargo market acted as a tailwind for Air Canada in the third quarter.
EFW, a company that specializes in passenger-to-freighter conversions, is shutting down its U.S. assembly plants because of shortages in skilled labor and other problems that have delayed delivery of large aircraft to Amazon.
WestJet Cargo is trying to find an alternative revenue stream after a new investment in four freighter aircraft didn’t meet revenue expectations.
Qantas has deployed a new Airbus A321 freighter, allowing it to offer more service options for customers in Oceania and Asia.
Three freighter operators are among the early adopters of an innovative aircraft coating inspired by sharks that makes aircraft more aerodynamic and fuel-efficient.
Air cargo professionals are bullish about the second half of the year as the traditional peak season approaches, but uncertainty remains about how the market will play out.
Cargojet’s domestic and international flying business posted solid gains in the second quarter thanks to e-commerce demand in Canada.
Magma Aviation, which charters aircraft under management control, has begun Middle East operations with two narrowbody cargo jets sourced from its parent company.
Air Canada has jettisoned two freighter aircraft from its fleet because there isn’t enough business to justify the cost.
