Air Cargo Carriers News

UPS said its net profit soared 33 percent in the first quarter on broad earnings gains across all its businesses, and the world’s largest parcel carrier issued its most optimistic statement yet

Hong Kong’s largest air freight handler set a one-day record for cargo tonnage, the company said Monday, signaling a recovery in Asia expedited shipping is maintaining momentum into the second q

For European airlines, the industry’s nascent recovery was carried away on what seemed to be a wisp of dust.

Cargolux, Europe's biggest all-cargo airline, said it lost $153 million in 2009 as falling cargo volume and shrinking margins slashed revenue by 34 percent to $1.3 billion.

It may be nearly mid-May before air freight shipments return to normal after the past week’s disruptions caused by a volcano in Iceland, said Brandon Fried, executive director of the Airforwarde

Europe's airline industry lurched back to life Wednesday as carriers put planes back into the air after being grounded for nearly a week by a volcanic ash plume from Iceland.

Demand for air charters on key routes to and from the Middle East, North America and worldwide has exploded since the shutdown of much of Europe’s air space following last week’s volcanic

Europe’s three largest cargo airports – Frankfurt, Paris Charles de Gaulle and Amsterdam Schiphol – reopened Tuesday after a five-day shutdown.

FedEx resumed flight operations at its European hub in Paris as the carrier and other express airlines began to work on clearing out the shipping backlog left by the shutdown of airspace under a cloud

Cargolux and forwarder Panalpina shifted the European leg of the “Dixie Jet” chartered trans-Atlantic freighter to Spain this week because of the volcanic ash cloud that has closed a large

European officials on Monday created three air zones to allow some flights in and out of the continent isolated since Thursday by volcanic ash in the air.

United Parcel Service is meeting the air traffic ban in Europe by rerouting as much cargo as it can. Flights from Asia are stopping in Istanbul, Turkey, where freight will be transferred to trucks.

Shippers face steep hikes in air cargo freight rates and long delays when European air space re-opens, freight forwarders warned as airports across a large swath of the continent remained closed for a

LONDON – Lufthansa Cargo won clearance for three freighter departures from Frankfurt on Monday amid growing attempts by European airlines to break through growing logjams of cargo since a volcan

Several European airlines put test flights into the air Sunday to assess the impact of a volcanic ash plume that has enveloped the skies as the shutdown of European space moved into a fourth day and t

LONDON – More airports across Europe shut down Saturday as a volcanic ash cloud from Iceland spread deeper into the continent and experts began to warn of mounting economic damage from the large

UPS issued a strong signal of recovery in its business Wednesday, saying the company expects its net profit to grow 37 percent in the first quarter on “significant acceleration” in interna

Two years after leaving the U.S. domestic package market, Deutsche Post DHL says it is growing again in the United States as rising international trade spurs a global recovery.

Freight forwarder Panalpina last week chartered the only extant Antonov AN-225 freighter aircraft to move two laser welding machines with a combined weight of about 150 metric tons.

Lufthansa Cargo carried 26.4 percent more freight in March than a year ago, outpacing its main European rivals Air France-KLM and British Airways, which booked single digit increases.

International cargo climbed 24.3 percent for Japan Airlines and 66.5 percent for All Nippon Airways in February, according to figures released by the two biggest Japanese air carriers.

Originally published in Air Cargo World

Pilots at Lufthansa have called off a four-day strike planned for next week after agreeing to resume contract negotiations with the German airline.

British Airways and Iberia, Europe's third and fourth largest airlines, April 8 signed a definitive merger agreement, paving the way for the creation of one of the world's biggest carriers.

AirBridgeCargo Airlines, Russia's largest international cargo carrier, added a fifth Boeing 747-400 Freighter to its fleet.

The International Air Cargo Association is calling for modifications to changes proposed by the U.S.

Pilots at Lufthansa vowed to go ahead with a four-day strike next week unless the German carrier agrees to terms for arbitration to resolve a dispute over pay and job security.

The German Aviation Authority granted an operating license to DHL Express for its newly formed Leipzig-based cargo airline, European Air Transport.

Malaysia Airlines placed an order for two A330-200 freighters in addition to a previously announced contract for 15 A330-300 passenger aircraft.

Cargo airline ABX Air announced a new agreement with DHL on Wednesday aimed at maintaining the carrier’s main source of revenue and clearing away uncertainty about ABX’s financial future.

Malaysian cargo airline Transmile is adding Singapore to its regional services with six-times-weekly freighter flights to Singapore Changi Airport.

A second stage open skies aviation agreement between the European Union and the United States this week drew criticism from the airline industry for failing to make progress toward a fully open trans-

Japan Airlines will stop operating freighters this fall, succumbing to a steep decline in cargo demand, the airline announced Thursday as the carrier disclosed details of its restructuring through ban

Aircraft charter specialist Chapman Freeborn Airchartering appointed Gavin-jon Deeks president of U.S. operations, headquartered in Fort Lauderdale, Fla.

Lufthansa pilots will stage a fresh four-day strike in mid-April after their union and the German carrier failed to reach agreement over pay and job security.

The Korean government will work with the International Air Transport Association on the airline industry’s “e-freight” initiative for paperless shipping documentation.

Lufthansa Cargo could return to operating profit in 2010 after a record loss in 2009 if the steep increase in freight volume in the opening months continues through the year, the airline said.

The House on Wednesday approved a bill to extend the operations of the Federal Aviation Administration through July 3.

FedEx gave a strongly upbeat view of economic expansion Thursday, announcing its net profit jumped 146 percent to $239 million in its latest fiscal quarter on dramatic growth in international air expr

China Eastern Airlines acquired a 51 percent stake in Great Wall Airline.