Air New Zealand signs up for electric freighter
Air New Zealand and aviation finance firm Avolon have signed a letter of intent for the sale and lease back of an electric cargo aircraft from manufacturer Beta
Forward Air considers sale
US transport company Forward Air is considering a potential sale or merger as part of a review of its financial performance and value.
CIS acquires Acuitive’s AcuAudit
Global provider of freight audit and payment solutions Cass Information Systems (CIS) – not to be confused with IATA’s CASS settlement platform – has acquired ocean and airfreight audit platform AcuAudit from Acuitive Solutions.
FedEx Freight to be split from FedEx and Q2 Express revenue flat
The board of FedEx has agreed to separate FedEx and FedEx Freight
CargoLogicAir stock at Schiphol and Han to be sold
CargoLogicAir’s stock at Schiphol and Hahn will be sold this year
Executive team shuffle for SEKO
SEKO Logistics has announced several new senior appointments with the successful close of its previously announced recapitalisation
Nordic Aviation Group files for bankruptcy
Estonian Nordic Aviation Group has filed for bankruptcy and ceased operations of its two airlines, Nordica and Regional Jet, which is branded as Xfly.
SF Holding raises $749m with 'flat' Hong Kong listing
Chinese express giant SF Holding raised $749.3m in a listing on the Hong Kong Stock Exchange that will be used to fund plans to expand internationally.
ATSG swings to a loss in Q3
Aircraft lessor ATSG reported a loss in the third quarter of the year as block hours decreased and costs increased.
Double-digit improvements for revenues and volumes at IAG Cargo in Q3
IAG Cargo enjoyed a bumper performance in the third quarter of the year with cargo revenues and volumes improving on a year earlier thanks to additional capacity and increased demand.
Air France KLM Cargo eyes Asia as performance improves in Q3
Air France KLM Martinair Cargo recorded improvements in cargo volumes, revenues and yield in the third quarter as it benefitted from rising demand out of Asia Pacific.
Emirates SkyCargo volumes up 16% in first half
Emirates SkyCargo has reported a rapid increase in volumes in the first half of the year thanks to general market improvements and additional freighters.
Charter demand boosts Cargojet's performance in Q3
Demand for charter operations helped boost revenues for Canada-based freighter operator Cargojet in the third quarter of the year.
DHL Global Forwarding sees Q3 airfreight revenues rise but profits under pressure
DHL Global Forwarding saw its air cargo volumes and revenues rise in the third quarter led by trades out of Asia but gross profits came under pressure due to rising rates.
TIACA signs up to Aviation 4 All declaration
TIACA has signed a joint declaration supporting the launch of the Aviation 4 All industry declaration developed by the International Aviation Forum (IAF).
TIACA launches two new industry awards
Air cargo association TIACA is launching two new industry awards to recognise industry leaders and rising stars.