DHL Global Forwarding reported record airfreight revenues last year but performance weakened as the year progressed. The world’s second-largest airfreight…
Business
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….
ATSG reports record revenues but predicts block hour decline in 2023
27 / 02 / 2023
Freighter aircraft lessor ATSG reported record revenues in 2022 but is expecting its block hours to decline this year. The…
IAG Cargo sees volumes grow in 2022 despite revenue drop off
24 / 02 / 2023
IAG Cargo saw its cargo revenues decline last year despite a slight pick up in volumes as bellyhold operations returned…
Atlas Air sees Q4 revenue win but global demand dampens 2022 results
24 / 02 / 2023
Atlas Air saw revenue growth in the fourth quarter of 2022 thanks to “an increase in the average rate per…
Expeditors revenues and volumes down
23 / 02 / 2023
In its fourth-quarter 2022 financial results for the three months ended December 31, Expeditors International posted year-on-year declines in operating…
CargoAi launches fintech payment solution
21 / 02 / 2023
CargoAi has launched CargoWALLET: a fintech solution for air cargo with supply chain financing capabilities that will allow freight forwarders…
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…
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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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