Airbus and Qatar Airways have reached a settlement regarding their legal dispute over A350 surface degradation and the grounding of…
Business
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…
FedEx Express is pain point for FedEx in second quarter
23 / 12 / 2022
FedEx faced continued weak market demand for air cargo in the second quarter with FedEx Express a particular pain point….
MNG Airlines to be listed on the NYSE
08 / 12 / 2022
Turkish freighter operator MNG Airlines is to be listed on the New York Stock Exchange (NYSE) via an agreement with…
Hyperion launches aircraft funding platform
07 / 12 / 2022
Hyperion Aero Capital (Hyperion) has launched an aircraft funding platform focused on financing long-term cargo leasing and leased business jets. Financing for aircraft…
Putzger perspective: Airport bottlenecks
05 / 12 / 2022
US airports are set to plough government funding into passenger facilities but neglect cargo, writes Ian Putzger. The supply chain…
Cargojet delays B777F delivery
17 / 11 / 2022
Freighter operator Cargojet has delayed the delivery of one of its B777 converted freighters as part of efforts to manage…
Frankfurt-Hahn Airport sale further “delayed”
16 / 11 / 2022
The sale of Frankfurt-Hahn Airport Group has been “delayed” but operations are unaffected. Currently in administration, the Group is due…
Air France-KLM Group sees third quarter cargo revenues drop
01 / 11 / 2022
Air France-KLM Group saw a small drop in cargo revenues in the third quarter but maintained steady cargo yields. The…
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