Global air cargo traffic increased 2.2 percent year-over-year in 2015, less than half the 5 percent rise in 2014, due mainly to sluggish trade growth in Europe and Asia-Pacific, according to the International Air Transport Association.
News coverage of domestic and international cargo airlines, price and freight indexes, cargo airports and more.
News & Analysis
29 Jan 2016
ANA Holdings Inc. and Japan Airlines Corp. both saw their group net profits soar in the first nine months of the fiscal year ending March 31 on a year-over-year basis, despite lower cargo revenues.
25 Jan 2016
Cargolux bucked the downward trend in Europe’s air cargo market, boosting traffic by 7.4 percent in 2015 and unveiling plans to increase its freighter fleet.
20 Jan 2016
Atlas Air Worldwide Holdings’ plan to acquire competitor Southern Air Holdings will diversify the air cargo carriers’ fleet, strengthen its relationship with its biggest customer, DHL Express, and position it to grow in the U.S. and globally, according to a BB&T analyst.
20 Jan 2016
Cargolux is to invest $77 million in Cargolux China, a new joint venture carrier, scheduled to start operations in 2017.
18 Jan 2016
Cathay Pacific and sister carrier Dragonair handled just short of 1.8 million tons of air cargo in 2015, recording growth of 4.3 percent despite a difficult year for the air freight industry as it struggled to balance capacity supply and demand.
12 Jan 2016
Lufthansa Cargo retained its top ranking among Europe’s cargo airlines in 2015 even as traffic shrank 2.4 percent from the previous year and two more freighters are being taken out of service.
11 Jan 2016
The decline in global air cargo demand “may be bottoming out”, following a month-on-month increase in November traffic, according to the International Air Transportation Association.
08 Jan 2016
The International Air Transport Association will urge member airlines to prepare for a possible surge in air freight volumes caused by possible disruptions when the new container weighing requirements are implemented globally from July.
07 Jan 2016
Polar Air Cargo will pay customers $100 million after settling an on-going antitrust class action lawsuit that has drawn in most of the world’s major carriers and so far generated more than $1.1 billion in settlements.