Business

Manchester-Boston Regional Airport to receive millions in funding for air cargo facility

By Rebecca Jeffrey

The US Federal Aviation Administration will award $7.9m to Manchester-Boston Regional Airport (MHT) to help build a new air cargo…

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Alaska Air Cargo pledges not to add fuel surcharges

By Chris Lewis

Alaska Air Cargo’s managing director Adam Drouhard has pledged that the carrier will not add any fuel surcharges. Other airlines…

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Envirotainer to be sold

By Rebecca Jeffrey

Temperature-controlled ULD firm Envirotainer is set to be sold in a deal worth around €2.8bn. The deal will see private…

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Jota Aviation appoints liquidators as Covid and Brexit take their toll

By Damian Brett

UK-based passenger and cargo airline Jota Aviation has appointed liquidators after the airline was hit be the impact of Brexit…

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Realterm raises $150m for airport logistics fund

By Rebecca Jeffrey

US independent global investment manager Realterm has announced the successful closing of $150m in capital commitments for its open-ended fund,…

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ATSG revenues up in Q1 2021 fuelled by e-commerce demand

By Rebecca Jeffrey

US lessor Air Transport Services Group (ATSG) reported revenues of $486m for the first quarter of 2022, up 29% compared…

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IAG Cargo revenues up 23% year on year

By Rebecca Jeffrey

IAG Cargo has reported revenues of €432m for the first quarter of 2022; an increase of 23.4% on the same…

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Atlas Air revenues improve despite volume decline

By Damian Brett

Atlas Air Worldwide reported improvements in revenues during the first quarter of the year despite a decline in volumes. The…

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Pharma and express bolsters Air France-KLM Q1 cargo revenues

By Rebecca Jeffrey

Pharma and express deliveries and higher market prices have helped Air France-KLM Group’s total cargo revenues in the first quarter…

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Avolon reports Q1 2022 net loss of $182m

By Rebecca Jeffrey

International aircraft leasing company Avolon has reported an impairment of $304m and a net loss of $182m for the first…

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