Air Cargo Carriers News

The sales figures surrounding China's Single's Day are predictably large, but the online shopping promotion continues robust 2017 e-commerce demand that is driving up air cargo volume.

European airlines are bystanders in the long simmering “open skies” dispute between US and Gulf airlines that looks like it is about to shoot up to the top of President Trump’s “America First” agenda.

July’s performance was the third straight month of double-digit gains.

An early peak season is expected in the air cargo sector.

All regions posted growth.

Traffic measured in revenue cargo tonne kilometers rose 4.3 percent year-over-year.

The carrier said its multiple nightly truck operations boost capacity and route options for shippers.

The Franco-Dutch carrier transported 286,000 tonnes (315,261 tons).

First-half traffic grew 1.2 percent to 330,000 tonnes.

Air cargo growth for Asian carriers in June continued its robust growth on the back of solid international trade.

Nittsu Research Institute and Consulting Inc. has revised upward its fiscal year outlook for growth in Japan’s air cargo trade.

Europe’s fourth-largest air cargo hub handled 142,349 tonnes.

All regions except Latin America posted double-digit growth.

Cargolux said the joint venture contract signed in Beijing “is a major landmark.”

AirBridgeCargo Airlines continued to outpace its European rivals with traffic soaring 17 percent in the first quarter as it increased its freighter fleet and expanded its global network.

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.

The competitive trading environment of 2015 continued into 2016.

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.