Business

Finance

Swissport’s ‘excellent’ 2018 saw cargo revenues up by 6.5%

Swissport reported an “excellent year” in 2018 as the ground handler saw total group revenues surge by 6.7% to just…

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DHL sees airfreight volumes slide but rates boost revenues

DHL Global Forwarding saw its airfreight volumes decline for the fifth quarter in a row in the first three months…

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Emirates’ annual cargo volumes edge ahead despite “significant headwinds”

Dubai aviation giant Emirates Group faced “significant headwinds” in global airfreight during the 2018-19 financial year which saw its airline…

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ATSG boosted by Omni, Amazon and DHL

ATSG saw revenues increase by 71% in the first quarter of the year thanks its purchase of Omni Air while…

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Atlas sees revenues grow on increasing demand

Atlas Air Worldwide Holdings (AAWW) saw adjusted profits increase in the first quarter of the year as a result of…

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Profits tumble at Lufthansa’s cargo business

Lufthansa’s cargo and logistics segment saw operating profits tumble in the first quarter as volumes declined and expenses increased. Lufthansa’s…

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DSV expects Panalpina deal to complete in Q3 as profits rise

DSV expects to close its takeover of Panalpina by the end of the third quarter of this year. In its…

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CEVA airfreight volumes fall in Q1, management changes after CMA CGM takeover

CEVA Logistics saw a decline in airfreight volumes during the first quarter of 2019 and the parent group has announced…

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UPS profits hit by severe winter weather

UPS saw profits decline in the first quarter of the year as extreme winter weather hit earnings. During the period,…

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K+N first quarter airfreight volumes fall 3.1% in a ‘declining market’

Kuehne + Nagel (K+N) saw 2019 first quarter airfreight volumes fall 3.1% to 409,000 tonnes, citing “significant increases in tonnage…

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