Icelandair Group has recorded an improvement in its cargo operation, with a return to operating profit in the first quarter….
Business
My Freighter gets green light for China flights
25 / 04 / 2024
Uzbekistan-based carrier My Freighter will add China to its network after being being authorised for flights in the country. The…
Maersk Air Cargo applies for UK operating license
25 / 04 / 2024
Maersk Air Cargo has applied for an operating license from the UK Civil Aviation Authority. The application, made on April…
Three airlines vying for Asiana Airlines’ cargo business
25 / 04 / 2024
Three low cost airlines are reportedly in the running to buy Asiana Airlines’ cargo business as part of conditions for…
Freighter demand is bright spot for Cargolux in 2023
25 / 04 / 2024
Luxembourg-headquartered cargo airline Cargolux boosted its 2023 results with demand for dedicated freighter capacity, despite lower demand and rates in…
DSV airfreight volumes up 2.3% in Q1 but profit falls with rates
24 / 04 / 2024
DSV’s airfreight volumes benefited from strong demand out of Asia in the first quarter of the year, although revenue and…
UPS revenue drops 5% in Q1
23 / 04 / 2024
Express services giant UPS recorded consolidated revenue of $21.7bn in the first three months of this year, a 5.3% fall…
Finnair’s cargo revenue and yields fall in first quarter of this year
23 / 04 / 2024
Finland’s flag-carrier Finnair has blamed lower cargo revenue and yields as among the reasons for declining overall revenue earned in…
K+N sees airfreight turnover and profits fall in first quarter
23 / 04 / 2024
Both airfreight-related turnover and profit fell year on year in the first quarter of 2024 for Kuehne+Nagel (K+N), contributing to…
Stricter air cargo monitoring “not a concern”
22 / 04 / 2024
Air cargo stakeholders are not concerned about the prospect of increased industry scrutiny following recent aircraft manufacturing-related safety incidents. During…
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