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.
20 May 2015
Alitalia’s announcement that it will not renew its partnership and joint venture accords with Air France-KLM paves the way for Etihad Airways, the carrier’s dominant 49 percent shareholder, to expand its European freight footprint.
30 Apr 2015
Air France-KLM Cargo remains mired in the red with the first-quarter operating loss almost doubling to 63 million euros ($70.6 million) from 34 million euros a year ago as the carrier rushes to downsize its unprofitable freighter operations.
19 Feb 2015
Air France-KLM’s cargo losses widened to 212 million euros [US $242 million] in 2014 from 202 million euros in the previous year as a two-week pilots’ strike compounded the impact of a weak global airfreight market.
10 Dec 2014
Lufthansa Cargo managed to increase traffic in November despite ongoing strikes by pilots, while its leading European rivals posted lower volumes as they prepare to downsize their freighter operations.
01 Dec 2014
DB Schenker, the logistics unit of Germany’s state-owned railroad company Deutsche Bahn, is seeking $2.6 billion in damages from 13 airlines that operated a global air cargo cartel.