FedEx reported fiscal third quarter financial results that were “below expectations” and has warned of continued weakness in global trade….
Business
Finance
Lufthansa Cargo: airfreight boom comes to an end
18 / 03 / 2019
Lufthansa Cargo has warned that the airfreight boom of the last two years has come to an end after reporting…
Lufthansa Group: ‘another successful year’
14 / 03 / 2019
Lufthansa Group has posted a 6% year-on-year rise in total revenues for 2018. At €2.8bn, adjusted EBIT fell only slightly…
Etihad Cargo records strong performance
14 / 03 / 2019
Abu Dhabi-based Etihad Airways has reported a loss of $1.28bn for 2018, an improvement on the $1.52bn loss it suffered…
Strong cargo performance as Cathay Pacific returns to profit
13 / 03 / 2019
Cathay Pacific saw increased capacity, yield and load factors in cargo as it benefitted from robust demand in 2018. It…
IATA hopes to make paying for cargo easier
12 / 03 / 2019
PayCargo and IATA have established the IATA-PayCargo System to offer the air cargo industry “an advanced and efficient payment and settlement…
E-commerce boom and trade growth fuel DP DHL Group revenues in 2018
07 / 03 / 2019
The boom in e-commerce and sustained growth in international trade flows saw Deutsche Post DHL Group’s (DPDHL) 2018 group revenue…
Air France-KLM board to “closely monitor” the Dutch government’s increased shareholding
28 / 02 / 2019
Air France-KLM Group’s board will “closely monitor” the surprise move by the Netherlands government to more than double its stake…
ATSG looks to its strengthened platform following Amazon extension and Omni deal
28 / 02 / 2019
Aircraft lessor ATSG saw adjusted revenues and earnings for the year increase by more than 20% in the final quarter…
Record year for airfreight at Panalpina but no updates on DSV and Agility talks
28 / 02 / 2019
Panalpina’s latest annual report shows that airfreight volumes in 2018 breached the 1m tonne mark for the first time in…
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