Business

Finance

New offices drive Air Partner’s freight growth

Air Partner’s Freight division has reported record profits of £4.9m, up 45.3% for the year ended 31 January 2019, accounting…

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Kuehne + Nagel issues CHF 400m inaugural bonds

Kuehne + Nagel International AG has issued two inaugural bonds for a total of CHF 400m in the ordinary course…

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IATA: airline profits fall further

The March/April Airlines Financial Monitor from IATA notes “a further fall in aggregate profits for the airline industry” for the…

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Agility sees profits, revenues and airfreight increase

Kuwait-based logistics and infrastructure firm Agility saw revenues and profits increase during the first quarter of the year despite a…

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South America and Africa boost IAG Cargo in tough Q1

IAG Cargo managed to record an increase in airfreight traffic in the first quarter despite an overall market decline, although…

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Swissport’s ‘excellent’ 2018 saw cargo revenues up by 6.5%

Swissport reported an “excellent year” in 2018 as the ground handler saw total group revenues surge by 6.7% to just…

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DHL sees airfreight volumes slide but rates boost revenues

DHL Global Forwarding saw its airfreight volumes decline for the fifth quarter in a row in the first three months…

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Emirates’ annual cargo volumes edge ahead despite “significant headwinds”

Dubai aviation giant Emirates Group faced “significant headwinds” in global airfreight during the 2018-19 financial year which saw its airline…

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ATSG boosted by Omni, Amazon and DHL

ATSG saw revenues increase by 71% in the first quarter of the year thanks its purchase of Omni Air while…

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Atlas sees revenues grow on increasing demand

Atlas Air Worldwide Holdings (AAWW) saw adjusted profits increase in the first quarter of the year as a result of…

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