Denmark-headquartered supply chain services provider DSV has revealed strong results for 2022, which it said had been driven by “good…
Business
CLIVE points to continued uncertainty in the air cargo market
02 / 02 / 2023
Industry analyst CLIVE Data Services has said that global air cargo demand continued to fall in January, down 8% year…
Qatar Airways and Airbus reach settlement in A350 row
02 / 02 / 2023
Airbus and Qatar Airways have reached a settlement regarding their legal dispute over A350 surface degradation and the grounding of…
DB Schenker in it for the long-haul with cargo charter network
31 / 01 / 2023
DB Schenker will continue its air cargo charter operation for the long-term and expects other forwarders to do the same…
UPS revenues hit by market downturn
31 / 01 / 2023
Express services giant UPS was hit by air cargo demand decline in the fourth quarter of 2022. The cargo carrier’s…
Freightos begins trading as a public company
26 / 01 / 2023
Freightos has completed its merger with acquisition company Gesher and has commenced trading as a public company on the Nasdaq…
Air charter demand rising
20 / 01 / 2023
The global air charter services market is expected to be valued at $31.9bn in 2023, according to a US market…
Lufthansa submits offer to acquire a stake in ITA Airways
19 / 01 / 2023
Lufthansa has confirmed it aims to acquire a minority stake in Italian national carrier ITA Airways with options for a…
CargoLogicAir expected to have funds to pay creditors
18 / 01 / 2023
Administrators of UK-based freight operator CargoLogicAir expect to realise sufficient funds to pay all creditors in full, but have outlined…
SATS shareholders approve WFS acquisition
18 / 01 / 2023
Singapore-based SATS’ shareholders have voted to approve the planned takeover of cargo-handling giant Worldwide Flight Services (WFS). At an Extraordinary…
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LATAM and DSV to expand Huntsville freighter operation
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Nordic Aviation Capital orders up to 10 Embraer freighter conversions
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