Freighter operator ASL Aviation Holdings has closed a new $155m credit facility for investment in its fleet. ASL said it…
Business
Lufthansa holds hope for a “good year”
03 / 04 / 2023
Lufthansa Cargo is optimistic about its business prospects for this year with fleet and digitalisation investments continuing to shore up…
China Southern Airlines to spin off logistics business
31 / 03 / 2023
China Southern Airlines plans to spin off and list its logistics subsidiary on the Shanghai Stock Exchange (SSE). The airline’s…
Dachser Air and Sea Logistics business growth down in 2022
23 / 03 / 2023
Dachser’s Air and Sea Logistics business growth slowed year on year due to increased capacity in air and sea freight…
FedEx raises expectation as cost cutting continues
17 / 03 / 2023
FedEx saw fiscal third-quarter revenues and profits fall on last year but the company beat expectations and has raised its…
DP DHL outlines criteria for any DB Schenker bid
15 / 03 / 2023
Shortly after Deutsche Post (DP) DHL announced another set of record full-year results, the parcel and logistics giant’s outgoing chief…
DHL Global Forwarding reports record airfreight revenues
09 / 03 / 2023
DHL Global Forwarding reported record airfreight revenues last year but performance weakened as the year progressed. The world’s second-largest airfreight…
Cathay Cargo sees revenues weaken in 2022
08 / 03 / 2023
Cathay Pacific saw its cargo revenues decline by double-digit percentage levels last year as Covid restrictions affected operations. The airline…
Lufthansa Cargo reports third year of record operating profits
03 / 03 / 2023
Lufthansa Cargo reported record revenues and operating profits last year despite volumes being flat on 2021 levels. Lufthansa’s logistics division,…
K+N reports record air volumes and revenues despite weakening market
01 / 03 / 2023
Kuehne+Nagel has reported record airfreight volumes and revenues for 2022 despite performance weakening in the second half of the year….
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