Deutsche Post DHL Group saw a steep drop in airfreight volumes in the first quarter of 2023 which it attributed…
Business
Cargojet reduces costs to reflect weaker market conditions
02 / 05 / 2023
Cargojet reported softer market conditions in the first quarter of the year as international flying was subdued and has taken…
DSV airfreight volumes fall 20% in first quarter 2023
27 / 04 / 2023
DSV’s air cargo volumes fell 20.2% in the first quarter of 2023 to 327,712 tons, with the weakest development on…
K+N holds its own in Q1
25 / 04 / 2023
Multimodal forwarder Kuehne+Nagel International (K+N) achieved a record result for the first quarter of 2023, “[in] the context of a…
Profits up but revenues down at Air Charter Service
18 / 04 / 2023
Charter broker Air Charter Service (ACS) saw its revenues fall but profits climb last year as cargo demand waned but…
ASL raises funds for fleet renewal
06 / 04 / 2023
Freighter operator ASL Aviation Holdings has closed a new $155m credit facility for investment in its fleet. ASL said it…
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…
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Freighters World
Lufthansa Cargo and Korean Cargo announce new SAF partnerships
Lufthansa Cargo and Korean Air Cargo have today both announced new Sustainable ...
Lufthansa Cargo parks two A321Fs due to fine fuselage crack
Lufthansa Cargo has parked two of its four A321 freighters after a ...
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