Air Cargo Carriers News

Alitalia, Italy's national airline, joined the trans-Atlantic alliance between Air France-KLM and Delta Air Lines.

Arrow Air, a survivor from the years of rapid and independent growth in a colorful Miami cargo aviation scene, ceased operations this week after failing to recover from several years of losses.

Nike plans to increase its orders for footwear and apparel 7 percent over the next six months and will turn to greater use of air freight to “meet the tremendous growth in orders” for the

European Union anti-trust regulators cleared a joint venture all-cargo airline between Hong Kong’s Cathay Pacific and Air China Cargo.

U.S. air freight traffic grew 22.1 percent in the first quarter, helped by strong growth in international markets, according the U.S. Bureau of Transportation Statistics.

FedEx’s net profit reached $419 million in the quarter ending May 31 following a loss a year ago and the company said Monday it expects a recovering global economy and stronger pricing to push e

FedEx Express President and CEO David Bronczek promises a strong cargo focus to his new post as chairman of the International Air Transport Association board of governors, including close attention to

Lufthansa Cargo boosted freight traffic by 17.6 percent in May from a year ago as strong growth on its Americas and Asia/Pacific routes lifted volume above the pre-crisis levels of two years ago.

Japan Airlines Corp. (JAL) and All Nippon Airways Co.

The Toll Group is acquiring the DPEX Group, one of the largest independent express air freight businesses in Asia, from Qantas, the company announced today.

Air freight prices out of Shanghai jumped 18.4 percent on average in April from March to their highest point so far in 2010, according to Drewry Shipping Consultants.

Cathay Pacific will start flying cargo across the Atlantic for the first time in July when the Hong Kong carrier debuts an around-the-world freighter service.

The world’s airlines will book net profits of $2.5 billion in 2010, the International Air Transportation Association said, just three months after it forecast a $2.8 billion loss.

Bad news was everywhere at the end of May: The Dow was plunging 300 points, North and South Korea were rattling sabers, the eurozone crisis was threatening to spread, and an underwater gusher of crude

The number of Chinese airports allowed to offer direct cargo services to Taiwan will increase from two to six under a new air transport accord between the two countries' civil aviation authorities.

DHL closed the door on a painful episode in its U.S. operations this week when it handed over ownership of the Wilmington Air Park to officials in the

Air France-KLM’s cargo traffic in May rose 8.7 percent from a year ago, led by a double digit increase on its Americas network.

The National Mediation Board rejected a request by the Teamsters union to release UPS aircraft mechanics from negotiations, which would have set the stage for a strike in 30 days.

Global air cargo volumes surged 26 percent in the first quarter from a year ago and revenue grew as much as 40 percent, the International Air Transport Association said.

South Korean regulators, expanding a global investigation against price fixing in the air freight industry, announced nearly $100 million in penalties against 19 airlines for allegedly conspiring on c

Lufthansa Cargo and Austrian Airlines created a joint subsidiary to market the whole freight capacity of both airlines in Austria.

House Transportation and Infrastructure Committee Chairman James L.

Air France-KLM is freezing its freight capacity despite rising global demand in a bid to boost margins following record annual cargo losses of $545 million.

Cargo traffic for Asia-Pacific airlines grew 32.1 percent in April as carriers expanded capacity at the sharpest rate yet to meet recovering demand in the region, according to the Association of Asia

UPS planned to begin the first furloughs of pilots this weekend under what the company calls an “unfortunate, but necessary” cost-cutting measure to scale back its air express flight opera

Oil spill-fighting equipment from Singapore, China and the UK and a team of salvage specialists from the Netherlands, all on aircraft charters coordinated by UK-based Chapman Freeborn, arrived in New

TNT Express Monday launched five day per week air cargo service between Moscow and its main European hub Liege, via Warsaw.

Aerologic, the joint venture cargo airline of DHL Express and Lufthansa Cargo, is expanding operations into the United Arab Emirates on a route between Germany and Hong Kong with a connection in the e

Air France-KLM's cargo business is set to report an annual $614 million operating loss this week, according to French newspaper Le Figaro.

Barely a week after reporting the worst financial results in its four-decade history, freighter operator Cargolux announced its first round-the-world service with an ambitious Europe-Asia-North Americ

Con-way Freight is expanding its international partnership with TNT to bring trans-Atlantic freight to Miami and Los Angeles.

Freight airline Cargoitalia will take its third MD-11 aircraft from a conversion company in June but the carrier said Wednesday it will delay use of the plane in scheduled service for three months.

Air Transport Services Group intends to buy three extended-range 767-300 aircraft and convert them to freighters in a purchase aimed at adding new scale to its plane leasing operations.

International cargo volume at Japan Airlines and All Nippon Airways surged in March on a year-on-year basis, according to figures released by the two biggest Japanese air carriers.

UPS and its long-time local service partner P&T Express formed a joint stock company to invest in facilities in key commercial and industrial centers across Vietnam.

Air Transport Services Group reported a 35 percent decline in net profit in the first quarter, to $7.2 million, as the cargo airline restructured operations under new agreements with DHL and flight cr

Lufthansa Cargo boosted freight traffic by 13.8 percent in April from a year ago despite a five-day shutdown of its Frankfurt hub.

Germany's Deutsche Post DHL, the global mail and logistics group, reported first quarter operating profit soared over 80 percent from a year ago driven by strong growth in its express, ocean and air f

FedEx Express, seeking to take advantage of surging demand, will add six 777 freighters to its order of all-cargo planes from Boeing, the carrier said Friday.

UPS formed a strategic alliance with AliExpress, an online wholesale marketplace launched by e-commerce facilitator Alibaba.com.