CargoAi has launched CargoWALLET: a fintech solution for air cargo with supply chain financing capabilities that will allow freight forwarders…
Business
EV Cargo divestiture announced
20 / 02 / 2023
Cargo Services Group and JL Enterprises are to divest from their investments in EV Cargo Holdings Limited, a Hong-based freight…
Air Canada sees cargo revenues slide in 2022
17 / 02 / 2023
Air Canada saw its cargo revenues decline last year due to the ending of its pax-freighter operations and lower yields….
CargoAi highlights benefits of strategic investors over venture capital
07 / 02 / 2023
Strategic investors allow companies to adopt a more long-term outlook than venture capital (VC) which can encourage short-term thinking, according…
Qatar Airways and Airbus reach settlement in A350 row
02 / 02 / 2023
Airbus and Qatar Airways have reached a settlement regarding their legal dispute over A350 surface degradation and the grounding of…
UPS revenues hit by market downturn
31 / 01 / 2023
Express services giant UPS was hit by air cargo demand decline in the fourth quarter of 2022. The cargo carrier’s…
Freightos begins trading as a public company
26 / 01 / 2023
Freightos has completed its merger with acquisition company Gesher and has commenced trading as a public company on the Nasdaq…
FedEx Express is pain point for FedEx in second quarter
23 / 12 / 2022
FedEx faced continued weak market demand for air cargo in the second quarter with FedEx Express a particular pain point….
MNG Airlines to be listed on the NYSE
08 / 12 / 2022
Turkish freighter operator MNG Airlines is to be listed on the New York Stock Exchange (NYSE) via an agreement with…
Hyperion launches aircraft funding platform
07 / 12 / 2022
Hyperion Aero Capital (Hyperion) has launched an aircraft funding platform focused on financing long-term cargo leasing and leased business jets. Financing for aircraft…
Sponsored content
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Latest Issues
Freighters World
Lufthansa Cargo parks two A321Fs due to fine fuselage crack
Lufthansa Cargo has parked two of its four A321 freighters after a ...
Silk Way West continues fleet expansion with latest 777 freighter
Silk Way West Airlines has taken delivery of a second Boeing 777 ...
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