Europe’s leading air cargo carriers are continuing to post lower traffic figures month after month while their smaller rivals are still boosting their market shares.
18 Feb 2016
Air France-KLM narrowed its cargo loss in the fourth quarter of 2015 but its full-year deficit increased as it continued to scale back its troubled full-freighter operation.
06 Jan 2016
Air France’s troubled cargo unit faces further disruption as unions have called for five days of strikes across the carrier in January.
16 Dec 2015
A European Union court today overturned 790 million euros ($861 million) in fines against 11 airlines, including Air France-KLM and British Airways, for participating in a global cartel that fixed air freight rates.
29 Oct 2015
Air France-KLM’s cargo losses narrowed in the third quarter but revenue and traffic shrank as the carrier slashed its full-freighter capacity in a bid to return to the black.
16 Sep 2015
Russia’s AirBridgeCargo Airlines is pulling further ahead of its troubled European rivals as it continues to post double digit increases in traffic month after month.
16 Sep 2015
Air France KLM Martinair Cargo has signed a partnership agreement with China Southern Cargo spanning the carriers’ global networks.
27 Jul 2015
Air France-KLM’s cargo business is sinking deeper into the red as its second-quarter operating loss soared to 78 million euros ($86 million) from 45 million euros a year ago despite desperate cost-cutting measures.