Air Cargo Carriers News

All regions, expect Latin America, reported higher traffic.

Cargolux Airlines and Emirates SkyCargo have signed a memorandum of understanding for an operational partnership in the latest tie-up between carriers in the challenging air transport market.

Traffic on the Europe-Asia Pacific routes surged 34 percent in the quarter driven partly by “sea freight restraints.”

Capacity was trimmed by 1.1 percent during the quarter.

The strong March performance resulted in first-quarter traffic growing nearly 11 percent year-over-year.

Traffic measured in revenue cargo tonne kilometers grew 6.3 percent.

Cargolux posted a sharply reduced profit and lower revenue in 2016.

Japan’s international air cargo trade will rise for the second successive year.

March was a good month for the Asian air cargo industry, with the recovering markets accelerating further on rising regional import-export activity.

The partnership was struck after more than a year of negotiations.

European airlines accounted for half of the increase in global air cargo traffic to a five-year high in 2016.

Freight volumes have surged 23 percent in the first two months of 2017.

BCOs are looking to air freight as an alternative to shipping cargo from North Europe to Asia as ocean space remains tight.

The first quarter for Hong Kong-based Cathay Pacific is looking good, at least from a cargo perspective, following strong air freight growth in January and February.

“Working together in a cartel ... does not fly with the Commission.”

Lufthansa Cargo sank into the red in 2016.

Fierce competition and overcapacity in 2016 led to Cathay Pacific recording its worst annual result in eight years.

The fines could total $850 million.

Air cargo needs to modernize and improve its service levels to meet customer expectations, according to IATA's chief executive.

The global air cargo rally continued into 2017.

<p>The competitive trading environment of 2015 continued into 2016.</p>

The increase will be the second consecutive year of growth.

The global air cargo market grew to a five-year high in 2016 but is facing threats.

Cathay Pacific has relocated its cargo-handling operations in Frankfurt to Lufthansa Cargo’s terminal at Europe’s biggest air freight hub.

The modal shift to air cargo following the collapse of South Korean container line Hanjin Shipping may have contributed to the increased demand.

It has been a long time since the air cargo industry had a peak season to remember for the right reasons, but a solid end to 2016 has done the trick.

Heavy-lift cargo airlines Antonov and Volga-Dnepr have gone their separate ways.

Global air cargo traffic grew at the fastest rate in 18 months in October, driven by several one-off factors, including the collapse of Hanjin Shipping.

Industry insiders say that although the work stoppage hasn’t roiled holiday shipments, it has frustrated Amazon’s trademark fulfillment process and should be an early warning for the retailer, which is expected to move a record number of shipments this holiday season.

AirBridgeCargo Airlines has notched up its 13th record year of growth with two months to go.

Airlines in Asia take a dim view of the anti-free trade rhetoric that has emerged from the United States.

Cargo volumes have been robust out of Asia in the last two months, with carriers and airports reporting decent increases.

Air Canada Cargo will start an all-cargo service between Toronto and Frankfurt.

Global air cargo traffic in September rose at the fastest rate since the industry benefited from the disruption caused by the US West Coast ports strike in February 2015.

Air France-KLM Cargo’s third-quarter operating loss soared by almost one-fifth from a year ago as it scrambled to downsize its unprofitable freighter operations.

Lufthansa Cargo on Wednesday posted its sixth consecutive quarterly loss, but it sees a brighter future ahead.

The air cargo industry is showing signs of recovering from a tough year with demand rising and higher hopes of a solid peak season.

International Airlines Group posted a further steep decline in freight traffic and lower revenue in the third quarter.

Global air cargo demand continued to show signs of strength in August.

Nittsu Research Institute and Consulting has announced its expectations for Japan's air cargo trade in fiscal year 2016.