Business

Qatar Airways and Airbus reach settlement in A350 row

By Rebecca Jeffrey

Airbus and Qatar Airways have reached a settlement regarding their legal dispute over A350 surface degradation and the grounding of…

Read More

UPS revenues hit by market downturn

By Mike Bryant

Express services giant UPS was hit by air cargo demand decline in the fourth quarter of 2022. The cargo carrier’s…

Read More

Freightos begins trading as a public company

By Rebecca Jeffrey

Freightos has completed its merger with acquisition company Gesher and has commenced trading as a public company on the Nasdaq…

Read More

FedEx Express is pain point for FedEx in second quarter

By Rebecca Jeffrey

FedEx faced continued weak market demand for air cargo in the second quarter with FedEx Express a particular pain point….

Read More

MNG Airlines to be listed on the NYSE

Turkish freighter operator MNG Airlines is to be listed on the New York Stock Exchange (NYSE) via an agreement with…

Read More

Hyperion launches aircraft funding platform

Hyperion Aero Capital (Hyperion) has launched an aircraft funding platform focused on financing long-term cargo leasing and leased business jets. Financing for aircraft…

Read More

Putzger perspective: Airport bottlenecks

US airports are set to plough government funding into passenger facilities but neglect cargo, writes Ian Putzger. The supply chain…

Read More

Cargojet delays B777F delivery

By Damian Brett

Freighter operator Cargojet has delayed the delivery of one of its B777 converted freighters as part of efforts to manage…

Read More

Frankfurt-Hahn Airport sale further “delayed”

By Rebecca Jeffrey

The sale of Frankfurt-Hahn Airport Group has been “delayed” but operations are unaffected. Currently in administration, the Group is due…

Read More

Air France-KLM Group sees third quarter cargo revenues drop

By Rebecca Jeffrey

Air France-KLM Group saw a small drop in cargo revenues in the third quarter but maintained steady cargo yields. The…

Read More