Business

Asia-Europe air cargo market still in recovery

By Yvonne Mulder

The Asia-Europe trade lane has been buffeted by weakening demand and the outbreak of war in Ukraine over the last…

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Lufthansa Cargo not expecting overcapacity on Asia-Europe

By Damian Brett

Lufthansa Cargo is not expecting cargo capacity to flood the Asia-Europe trade over the coming year due to the extra…

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Lufthansa Cargo reports third year of record operating profits

By Damian Brett

Lufthansa Cargo reported record revenues and operating profits last year despite volumes being flat on 2021 levels. Lufthansa’s logistics division,…

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Air cargo capacity rises above pre-pandemic level while industry faces risk of zero growth

By Rebecca Jeffrey

Air cargo capacity is continuing to climb and rose above the pre-pandemic level for the first time in four years,…

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Perishable transport trials to be used for best practice guidance

By Damian Brett

The Cool Chain Association (CCA) will draft best practice handling procedures for perishables based on a series of trials that…

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K+N reports record air volumes and revenues despite weakening market

By Damian Brett

Kuehne+Nagel has reported record airfreight volumes and revenues for 2022 despite performance weakening in the second half of the year….

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First signs of recovery in air cargo?

By Damian Brett

The air cargo market could be showing the first signs of a possible recovery fuelled by the restart of production…

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Cosco opens sea and air logistics centre in Guangzhou

By Megan Ramsay

China’s Cosco Shipping has opened a sea and air logistics centre in Guangzhou Airport’s economic zone. The facility is to…

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Love is in the air: Air cargo braces for a busy Valentine’s Day period

By Damian Brett and Rebecca Jeffrey

Each year flowers take to the air as people around the world celebrate Valentine’s Day by gifting bouquets to their…

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ATSG reports record revenues but predicts block hour decline in 2023

By Damian Brett

Freighter aircraft lessor ATSG reported record revenues in 2022 but is expecting its block hours to decline this year. The…

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