Chinese e-commerce specialist Alibaba Group plans to start exploring an IPO for its logistics unit Cainiao. The Group said its…
Business
Air France KLM sees cargo revenues slide in Q1
05 / 05 / 2023
Air France KLM Martinair Cargo (AFKLMP) saw revenues and demand decline in the first quarter of the year as the…
ATSG sees no diminished demand for leased freighters
05 / 05 / 2023
Lessor ATSG hasn’t seen a dip in demand for freighters despite a difficult first quarter on account of “operating headwinds”….
IAG Cargo sees cargo revenues decline despite demand increase
05 / 05 / 2023
IAG Cargo registered a decline in its cargo revenues in the first quarter of the year despite seeing demand decrease….
Lufthansa Cargo sees revenues, profits and volumes fall in Q1
04 / 05 / 2023
After three consecutive years of record profits, it was back to earth with a bump for Lufthansa Cargo in the…
DHL airfreight volumes nosedive as market ‘normalises’
03 / 05 / 2023
Deutsche Post DHL Group saw a steep drop in airfreight volumes in the first quarter of 2023 which it attributed…
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…
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