Business

Luxembourg-headquartered cargo airline Cargolux boosted its 2023 results with demand for dedicated freighter capacity, despite lower demand and rates in…

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DSV’s airfreight volumes benefited from strong demand out of Asia in the first quarter of the year, although revenue and…

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Express services giant UPS recorded consolidated revenue of $21.7bn in the first three months of this year, a 5.3% fall…

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Finland’s flag-carrier Finnair has blamed lower cargo revenue and yields as among the reasons for declining overall revenue earned in…

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Both airfreight-related turnover and profit fell year on year in the first quarter of 2024 for Kuehne+Nagel (K+N), contributing to…

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Turkish Cargo saw revenues and volumes decline last year on the back of lower airfreight rates and a weaker air…

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FedEx saw its profits improve in the third quarter of its fiscal year despite revenues coming under pressure due to…

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The global supply of full-freighter aircraft is tightening, says Atlas Air Worldwide chief executive, Michael Steen. In an interview for…

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Cathay Pacific Airways carried 1.38 million tonnes of cargo in 2023, up almost 20% on the previous year’s 1.15m tonnes,…

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Lufthansa Cargo reported a year-on-year revenue drop of 36% in 2023 due to rates normalising after the highs seen during…

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