Air Cargo Carriers News

Rising cargo income saw Oman Air’s total revenue jump 35 percent last year to OMR311.3 million ($807 million), but the Middle East still posted a year-end loss.

American Airlines Cargo will restart its daily service from Chicago to Helsinki on June 12.

Singapore Airlines’ cargo division reports bearish demand and will now maintain recent capacity cuts through the summer season.

Saudi Airlines Cargo will continue its expansion into developing markets later this month by boosting capacity into Bangladesh.

Lufthansa Cargo will make a final decision on investment at Frankfurt airport this summer after a <

Freight carried by Asian airlines in February rose 7.8 percent from the same period in 2011, as an earlier Chinese New Year skewed year-over-year comparisons but couldn&rsquo;t hide that traffic is do

The Middle East and Asia-Pacific accounted for more than 40 percent total air cargo traffic last year, according to figures from Airports Council International.

Saudi Airlines Cargo began weekly 747 freighter service to Ghana this week, expanding the Middle Eastern carrier&rsquo;s freighter service network to seven African countries, according to reports.

A German court today upheld a controversial ban on night flights at Frankfurt airport,

Lufthansa Cargo may sell its entire freighter fleet if a court upholds a ban on night flights at Frankfurt airport, the carrier&rsquo;s chief executive warned.

Dubai and Louisville were the major movers last year among the world&rsquo;s top 20 busiest international cargo airports, according to preliminary figures for 2011 from Airports Council International.

TNT Express, the Dutch parcel delivery company being taken over by UPS, said &ldquo;mixed&rdquo; economic conditions in Europe and slowing Asia-Europe trade volumes depressed its first quarter operati

Expeditors International of Washington &ldquo;vigorously denied&rdquo; price-setting allegations that resulted in a $5.5 million fine from the European Commission.

Air China and Cathay Pacific are extending their cooperation by establishing a joint venture ground handling company in Shanghai.

Cargolux reported a net loss of $18.3 million in 2011 from a $59.8 million profit in 2010, as Europe&rsquo;s largest all-cargo airline battled record oil prices, higher leasing costs and excess capaci

European antitrust officials on Wednesday fined 13 of the world&rsquo;s largest logistics companies, including Kuehne + Nagel, Panalpina and UPS, a total of $225 million for fixing international air c

FedEx will pay $3 million to more than 21,000 rejected job applicants to settle allegations of hiring discrimination, the Labor Department said Thursday.

Lufthansa Cargo plans to sell its 25 percent stake in Jade Cargo International, the China-based carrier that grou

Lufthansa Cargo is adding three new destinations in China and ramping up its recently launched freighter service to Detroit in the summer flight schedule beginning on March 25.

Cargo throughput at Hong Kong International Airport escalated last month, but managers say the spike was due to the timing of Chinese New Year rather than an export recovery in China.

Saudi Airlines Cargo will expand its European freighter operation with the start of two new services.

United Parcel Service on Monday agreed to acquire TNT Express, Europe&rsquo;s second-largest package delivery company, in a $6.8 billion all-cash deal that will create the world&rsquo;s biggest logist

Air cargo overcapacity remains an issue out of China despite recent new product launches, according to Lufthansa Cargo.

Volga-Dnepr is awaiting anti-trust clearance for its planned acquisition of Air Cargo Germany, which will significantly boost the Russian cargo airline&rsquo;s presence in Europe&rsquo;s largest air f

United Parcel Service on Friday said it remains in &ldquo;constructive&rdquo; talks to take over TNT Express and plans to submit a formal offer for Europe&rsquo;s second-largest package delivery compa

Lufthansa Cargo&rsquo;s operating earnings fell to $326 million in 2011 from a record $406 million in 2010, but it was the German airline&rsquo;s second-best performance, achieved in the face of slump

Saudia Cargo has signed an exclusive deal to provide express freight services to the National Shipping Company of Saudi Arabia for three years.

This year will be even tougher for airlines than 2011 because of economic instability, high jet fuel prices and weak cargo markets, said Christopher Pratt, chairman of Cathay Pacific Airways.

Russia-based AirBridgeCargo Airlines has launched a new link between Germany and China via Moscow.

Air France-KLM Cargo and Martinair Cargo will jointly roll out a raft of new services from Europe to China, the U.S. and Africa.

Frankfurt airport handled 9.1 percent less cargo in February than a year ago as a night flight ban mostly affecting freighter flights and sharply lower Asian traffic weighed on Europe&rsquo;s second l

A German federal court will begin a hearing tomorrow, March 13, to decide whether to extend a controversial ban on night flights at Frankfurt airport that

Lufthansa Cargo freight traffic slowed to 3.4 percent year-over-year in February from 11.4 percent in January, amid a slowing global economy and a ban on night flights at its Frankfurt hub.

Cathay Pacific Airways&rsquo; key markets remained &ldquo;soft&rdquo; in February with year-over-year traffic gains, mostly because of the early Chinese New Year holiday.

Trans-Pacific air cargo demand is surging, driven by the launch of new high-tech products such as Apple&rsquo;s iPad 3.

A new deal between TNT and Emirates SkyCargo will boost capacity on air cargo routes from Asia to Europe and reduce TNT&rsquo;s exposure to long-haul routes.

Qatar Airways will expand its global bellyhold and freighter network via its Doha hub later this year.

Air France-KLM&rsquo;s cargo unit swung to a $79.2 million loss in 2011 from a $19.8 million profit in 2010 amid a global glut of capacity and reduced traffic on major routes.

Lufthansa, Europe&rsquo;s second-largest airline, swung to a net loss of $17 million in 2011 from a $1.5 billion profit in 2010 as losses from the ongoing sale of U.K-based BMI weighed on the German c

Germany&rsquo;s Deutsche Post DHL, coming off a year in which net profit fell by half because of a onetime charge related to the sale of its Postbank banking unit, forecast higher revenue and profit f