UK-based digital freight forwarding and supply chain finance company, Beacon has secured $15m in its Series A fundraising round, from…
Business
Finance
LATAM says no impact on cargo as it files for bankruptcy protection
26 / 05 / 2020
South American operator LATAM Airlines Group, along with some of its affiliates, is filing for US Chapter 11 creditor protection…
Lufthansa Group secures €9bn in financial support
26 / 05 / 2020
Lufthansa Group has secured approval from the federal German government’s economic stabilisation fund, WSF, for a €9bn financial package. Under…
Strong start to the year for Air Partner following a tough 2019
22 / 05 / 2020
Charter broker Air Partner saw profits and revenues decline last year but is expecting a busy 2020 as a result…
DP DHL says the outlook is cloudy as forwarding revenues take a hit
12 / 05 / 2020
Deutsche Post (DP) DHL said the coming months are difficult to predict due to the coronavirus outbreak, while its airfreight…
Avianca files for bankruptcy protection
11 / 05 / 2020
Latin American operator Avianca is voluntarily filing for Chapter 11 bankruptcy protection with a New York court, to give the…
Emirates’ cargo volumes slide as group predicts 18-month recovery time
11 / 05 / 2020
The Emirates Group saw cargo volumes and revenues decline at its airline and ground handling businesses as last year’s trade…
Atlas Air revives parked freighters as Covid-19 boosts demand
07 / 05 / 2020
Atlas Air Worldwide has responded to increased airfreight demand over the last few months — a knock-on effect of the coronavirus…
IAG Cargo revenues down but yields up in ‘unprecedented’ market
07 / 05 / 2020
IAG Cargo saw revenues and volumes decline at double-digit percentage levels in the first quarter but yields improved as the…
AAPA: Competition and trade disputes impacted region’s 2019 performance
06 / 05 / 2020
The Association of Asia Pacific Airlines (AAPA) has revealed in its preliminary financial performance figures that airlines based in the…
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Volga-Dnepr in dispute with Boeing over freighter deliveries
Volga-Dnepr UK is suing the Boeing Company in a dispute over the ...
UPS celebrates World Environment Day with carbon offsets throughout June
To commemorate World Environment Day on June 5, UPS has announced that ...
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