Business

Three airlines vying for Asiana Airlines’ cargo business

Three low cost airlines are reportedly in the running to buy Asiana Airlines’ cargo business as part of conditions for…

Read More

Freighter demand is bright spot for Cargolux in 2023

Luxembourg-headquartered cargo airline Cargolux boosted its 2023 results with demand for dedicated freighter capacity, despite lower demand and rates in…

Read More

DSV airfreight volume up 2.3% in Q1 but profit falls with rates

DSV’s airfreight volumes benefited from strong demand out of Asia in the first quarter of the year, although revenue and…

Read More

UPS revenue drops 5% in Q1

Express services giant UPS recorded consolidated revenue of $21.7bn in the first three months of this year, a 5.3% fall…

Read More

Finnair’s cargo revenue and yields fall in first quarter of this year

Finland’s flag-carrier Finnair has blamed lower cargo revenue and yields as among the reasons for declining overall revenue earned in…

Read More

K+N sees airfreight turnover and profits fall in first quarter

Both airfreight-related turnover and profit fell year on year in the first quarter of 2024 for Kuehne+Nagel (K+N), contributing to…

Read More

Stricter air cargo monitoring “not a concern”

Air cargo stakeholders are not concerned about the prospect of increased industry scrutiny following recent aircraft manufacturing-related safety incidents. During…

Read More

DHL expands emergency response programme to Europe

DHL has expanded its GoHelp programme to Europe following a rise in the number of catastrophes hitting the continent in…

Read More

CMA CGM in talks with Balguerie over the sale of part of Bolloré Logistics

The CMA CGM Group has initiated the sale of 100% of Bolloré Logistics’ activities in Guadeloupe, Martinique, Saint-Martin, French Guiana,…

Read More

Dubai cargo disrupted after flash floods

Cargo operations in Dubai continue to face disruption following flash flooding that temporarily closed Dubai International (DXB) airport. The UAE…

Read More