Air Canada saw its cargo revenues decline in the first quarter of the year as weaker volumes on its Atlantic…
Business
IT issues and yield declines weigh on AF KLM’s Q1 cargo results
01 / 05 / 2024
Air France KLM saw its cargo revenues decline in the first quarter of the year despite volumes increasing. The Franc0-Dutch…
Cargojet profits improve in Q1
01 / 05 / 2024
Canada-headquartered Cargojet saw its profits improve in the first quarter as the business benefitted from rising domestic e-commerce demand. The…
Lufthansa Cargo in the red in Q1 as strikes take their toll
30 / 04 / 2024
Lufthansa’s logistics division reported an operating loss in the first quarter of the year due to weakening air cargo rates…
Icelandair Group cargo division edges back into operating profit
26 / 04 / 2024
Icelandair Group has recorded an improvement in its cargo operation, with a return to operating profit in the first quarter….
Freighter demand is bright spot for Cargolux in 2023
25 / 04 / 2024
Luxembourg-headquartered cargo airline Cargolux boosted its 2023 results with demand for dedicated freighter capacity, despite lower demand and rates in…
DSV airfreight volumes up 2.3% in Q1 but profit falls with rates
24 / 04 / 2024
DSV’s airfreight volumes benefited from strong demand out of Asia in the first quarter of the year, although revenue and…
UPS revenue drops 5% in Q1
23 / 04 / 2024
Express services giant UPS recorded consolidated revenue of $21.7bn in the first three months of this year, a 5.3% fall…
Finnair’s cargo revenue and yields fall in first quarter of this year
23 / 04 / 2024
Finland’s flag-carrier Finnair has blamed lower cargo revenue and yields as among the reasons for declining overall revenue earned in…
K+N sees airfreight turnover and profits fall in first quarter
23 / 04 / 2024
Both airfreight-related turnover and profit fell year on year in the first quarter of 2024 for Kuehne+Nagel (K+N), contributing to…
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