Three low cost airlines are reportedly in the running to buy Asiana Airlines’ cargo business as part of conditions for…
Business
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 volume 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…
Stricter air cargo monitoring “not a concern”
22 / 04 / 2024
Air cargo stakeholders are not concerned about the prospect of increased industry scrutiny following recent aircraft manufacturing-related safety incidents. During…
DHL expands emergency response programme to Europe
19 / 04 / 2024
DHL has expanded its GoHelp programme to Europe following a rise in the number of catastrophes hitting the continent in…
CMA CGM in talks with Balguerie over the sale of part of Bolloré Logistics
19 / 04 / 2024
The CMA CGM Group has initiated the sale of 100% of Bolloré Logistics’ activities in Guadeloupe, Martinique, Saint-Martin, French Guiana,…
Dubai cargo disrupted after flash floods
18 / 04 / 2024
Cargo operations in Dubai continue to face disruption following flash flooding that temporarily closed Dubai International (DXB) airport. The UAE…
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