Business

 Vancouver Airport in line for major expansion funding

The Government of Canada will invest up to C$74.3m at Vancouver International Airport to enable it to handle more cargo. This…

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Amerijet offloads freighters and restructures

US freighter operator Amerijet is offloading Boeing 757 aircraft and restructuring the business as it looks to respond to changing…

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Future of Leipzig/Halle cargo hub under scrutiny

Auditing firm KPMG has completed a restructuring report on the financially ailing operator of Leipzig/Halle Airport, Mitteldeutsche Flughafen AG (MFAG),…

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ECJ blocks UPS’ claim for TNT deal damages

Europe’s top court has rejected UPS’ claims for damages of more than €1.7bn related to its failed takeover of TNT…

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FedEx reorganises air network

FedEx will reorganise its air network to better suit the demands of various shipment types as part of efforts to…

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FedEx claws back costs in Q2 but Express suffers

FedEx’s continuing work to trim costs within the business were evident in its second quarter 2024 results, although the Express…

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Ethiopian Airlines secures financing for two 777Fs

Ethiopian Airlines has secured a $450m loan agreement that it will partly use to finance the purchase of two of…

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CargoLogicAir administration to progress after bank account secured

CargoLogicAir’s joint administrators have secured access to a bank account that will allow the administration process to progress. In a…

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Insurance integration for Breeze and Barrington Freight

Barrington Freight has signed up with Breeze’s integrated digital insurance platform. Use of the platform removes the need to source…

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Booking portal Freightos sees Q3 revenues rise but losses deepen

Freightos continued to record improvements in both revenues and the number of transactions made on its booking portals in the…

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