Business

Liege Airport cargo volumes bounce back after tough 2023

Liege Airport has seen its cargo volumes bounce back in the first two months of the year following a double-digit…

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WFS set to swoop on Swedish cargo businesses

SATS confirmed its intention to acquire Sweden’s Terminal & Transporttjänst i Sigtuna (TT) and APH Logistics through its wholly-owned subsidiary,…

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Technavio predicts strong air cargo growth in next few years

Industry analyst Technavio has forecast in its Air Cargo Market Analysis 2023-27 that the air cargo market will grow by…

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Ageing freighter fleet set to tighten global market, says Atlas Air chief

The global supply of full-freighter aircraft is tightening, says Atlas Air Worldwide chief executive, Michael Steen. In an interview for…

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Cathay cargo tonnage surge outpaces revenue as yields droop

Cathay Pacific Airways carried 1.38 million tonnes of cargo in 2023, up almost 20% on the previous year’s 1.15m tonnes,…

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Politics fails to deflect move to globalisation, says DHL report

There is no sign of geopolitics affecting the march of globalisation, says DHL in the latest edition of its Global…

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Lufthansa Cargo extends its agreement with IATA for CargoIS

The International Air Transport Association (IATA) has confirmed that Germany freight carrier Lufthansa Cargo has renewed its agreement to use…

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Air cargo demand drivers

The rapid rise of e-commerce, disruption in ocean shipping and supply chain diversification are some of the main drivers of…

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Rotate names Ryan Keyrouse as new chief executive

Ryan Keyrouse has assumed the position of chief executive at Rotate. The move became effective as of March 1. Fellow…

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Freighter operators face margin squeeze

Operating freighter aircraft has historically been a business with tight margins, a market environment temporarily interrupted by the Covid-19 pandemic….

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