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Air Cargo Carriers News
Stay informed with air cargo carriers news. Journal of Commerce covers updates on air cargo carriers, air craft carrier capacity, rates routings and technology.
The latest Air Cargo Carriers News & Analysis
Etihad Rail, National Air Cargo Sign MOU
JOC Staff |
Etihad Rail, the United Arab Emirates’ national railway network developer and operator, has signed a memorandum of understanding with National Air Cargo...
Air Cargo Carriers News
IAG Cargo Volume Declines 7.2 Percent
JOC Staff |
International Airlines Group reported cargo traffic of 467 million metric-ton kilometers in September, down 7.2 percent from 503 million metric-ton kilometers of cargo in September 2012.
Air Cargo Carriers News
Global Air Cargo Continues Its Recovery
JOC Staff |
The global air cargo market continued its “modest” recovery in August, with traffic increasing 3.6 percent year-over-year, the International Air Transport Association said.
Air Cargo Carriers News
Cargo Volumes Up Sharply at ANA, JAL
JOC Staff |
Japan’s All Nippon Airways Co. (ANA) said that its international cargo volume rose for the sixth straight month in August on a year-on-year basis, jumping 9.5 percent to 47,598 tons.
Air Cargo Carriers News
Atlas Air, Astral Aviation to Launch Europe-Africa Service
JOC Staff |
Atlas Air has entered into a contract with Astral Aviation to provide a Boeing 747-400 Freighter service between Europe and Africa.
Air Cargo Carriers News
Gati Wins Arbitration Against Air India
JOC Staff |
Gati has won its arbitration proceedings against Air India and will receive 268.2 million rupees towards claims, damages, interest and costs from the Indian airline.
Air Cargo Carriers News
Air Cargo Forwarder News
IATA Cuts Airlines’ Profit Forecast
JOC Staff |
A weakening cargo market and economic slowdown in Asia will cut global airlines profit in 2013 by 8 percent to $11.7 billion, according to the International Air Transport Association.
Air Cargo Carriers News
IAG Cargo to Enhance London-India Route
JOC Staff |
IAG Cargo has plans to increase flights between London Heathrow Airport and Rajiv Gandhi International Airport in Hyderabad, in order to cater to the city’s booming pharmaceutical industry.
Air Cargo Carriers News
Cool Cargo News
Air France–KLM to Phase Out 747 Freighters
JOC Staff |
Air Cargo Carriers News
Finnair Ends Mumbai Freighter Service
JOC Staff |
Finnair Cargo is dropping its weekly freighter service to and from Mumbai after nearly two years.
Air Cargo Carriers News
Luxembourg in Talks to Sell Cargolux Stake
JOC Staff |
The government of Luxembourg is negotiating with Chinese investors over the sale of its stake in Cargolux, Europe’s largest all-cargo airline.
Air Cargo Carriers News
Air France-KLM’s Cargo Traffic Drops
JOC Staff |
Air France-KLM reported its cargo revenue metric-ton-kilometers in August fell 1.3 percent, from 859 million in 2012 to 847 million in 2013.
Air Cargo Carriers News
Lufthansa Cargo Volume Down in August
JOC Staff |
Lufthansa Cargo reported traffic declined 1.3 percent year-over-year in August, as it prepares to take delivery of its first Boeing 777 freighter in October, followed by a second aircraft in November.
Air Cargo Carriers News
American Airlines’ Cargo Volume Improved 5.7 Percent in August
JOC Staff |
The parent of American Airlines, AMR Corp., reported August cargo figures for its principal subsidiary, showing an increase to 150,516 million ton miles...
Air Cargo Carriers News
Cargo Volumes Up at ANA, JAL
JOC Staff |
Japan’s All Nippon Airways Co. (ANA) said that its international cargo volume rose for the fifth straight month in July on a year-on-year basis, jumping 9.7 percent to 47,758 tons.
Air Cargo Carriers News
IAG Cargo Volume Dropped 7.3 Percent in August
JOC Staff |
International Airlines Group reported cargo traffic of 459 million metric-ton-kilometers in August, down 7.3 percent from 495 million metric-ton-kilometers of cargo in August 2012.
Air Cargo Carriers News
IAG Cargo to Launch New London-Austin Route
JOC Staff |
IAG Cargo will launch a new air cargo route from London Heathrow to Austin, Texas, in March 2014, and will offer an additional export route for the area’s expanding technology hub.
Air Cargo Carriers News
Global Air Cargo Posts Modest Growth
JOC Staff |
The global air cargo market continued its modest recovery in July, with traffic increasing 1.2 percent from a year ago as growth in Europe and the Middle East offset weakness in the Asia-Pacific region, the International Air Transport Association said.
Air Cargo Carriers News
Chapman Freeborn, Air Libya Launch Cargo Service
JOC Staff |
Chapman Freeborn Airchartering and Air Libya have formed an exclusive partnership for the operation of a freighter aircraft in Libya.
Air Cargo Carriers News
Air Cargo Picture Depressed as Peak Approaches
JOC Staff |
International air cargo rates remained depressed in July as the bearish demand apparent for much of the year continued to dominate markets.
Air Cargo Carriers News
IAG Cargo Expands Small Freight Collection Service to Georgia, Texas
JOC Staff |
IAG Cargo has made its small freight collection service, Cargo Connector, available to freight forwarders in the catchment areas of...
Air Cargo Carriers News
Air Canada’s Cargo Slipped 0.8 Percent in June
JOC Staff |
Air Canada reported cargo traffic of 130.5 million metric ton-kilometers in June, down 0.8 percent compared with the same month last year, according to Statistics Canada.
Air Cargo Carriers News
Ilin Named Executive President of AirBridgeCargo
JOC Staff |
AirBridgeCargo Airlines has transported 16 metric tons of satellite equipment on one of its Boeing 747-400 freighters from Toulouse, France, to Krasnoyarsk, Russia.
Air Cargo Carriers News
American Airlines’ Cargo Rose 5.7 Percent in July
JOC Staff |
The parent of American Airlines, AMR Corp., reported July cargo figures for its principal subsidiary, showing an increase to 154,124 million ton miles, up 5.7 percent from 145,833 million tons miles reported in July 2012.
Air Cargo Carriers News
IAG Cargo to Launch Ecuador-Spain Route
JOC Staff |
IAG Cargo, created from the merger of British Airways World Cargo and Iberia Cargo, will offer cargo services on a new Iberia route connecting Quito, Ecuador, with its Madrid, Spain, hub, starting Oct. 26.
Air Cargo Carriers News
IAG Cargo Volume Fell 8.6 Percent in July
JOC Staff |
International Airlines Group reported cargo traffic of 468 million metric-ton-kilometers in July, down 8.6 percent from 512 million metric-ton-kilometers of cargo in July 2012.
Air Cargo Carriers News
Airlines Lose Asia Cargo Despite Falling Rates
Mike King, Special Correspondent |
Shippers in Asia are shifting as much marginal cargo away from air freight as possible to further cut supply chain costs even though air freight rates ex Asia are now at historic lows, according to leading 3PL executives.
Air Cargo Forwarder News
Air Cargo Carriers News
Forwarding
Air Freight Rates Hit New Low in June
JOC Staff |
Drewry Maritime Research’s East-West Air Freight Price Index rates slipped by 2.7 points in June to 94.3 points, bringing the index down to its lowest level since it was launched it May 2012...
Air Cargo Forwarder News
Air Cargo Carriers News
Forwarding
IAG Cargo Volume Fell 8.4 Percent in First Half
JOC Staff |
IAG Cargo today reported its cargo traffic totaled 2.76 million metric-ton-kilometers in the first six months of 2013, down 8.4 percent compared to the first six months of 2012.
Air Cargo Carriers News
Atlas Air Worldwide Reports 32.8 Percent Drop in Profit
JOC Staff |
Atlas Air Worldwide’s net income plummeted 32.8 percent from $31.2 million in the second quarter of 2012 to $21.0 million in the second quarter of 2013.
Air Cargo Carriers News
Japan Airlines’ Profit Nosedives
JOC Staff |
Japan Airlines Corp. (JAL) said on July 31 that its net profit tumbled 31.9 percent in the first quarter of fiscal 2013, which started on April 1, from a year earlier, to 18.337 billion yen ($187.11 million) on a consolidated basis.
Air Cargo Carriers News
ANA Group Slips Into the Red
JOC Staff |
Japan’s ANA Holdings Inc., the parent firm of All Nippon Airways Co. (ANA), said on July 30 that it slipped into the red in the first quarter of fiscal 2013, which started on April 1, despite a jump in international cargo revenue.
Air Cargo Carriers News
Air Freight Market Demand Inched Up in June
JOC Staff |
The International Air Transport Association reported air freight demand increased 1.2 percent year-over-year in June...
Air Cargo Carriers News
Japan's ANA, JAL Report Air Cargo Growth
JOC Staff |
Air Cargo Carriers News
Asia-Pacific Air Cargo Demand Declined in June
JOC Staff |
The Association of Asia Pacific Airlines reported preliminary traffic figures in June showed demand for air cargo continued to be weak.
Air Cargo Carriers News
Saudia Cargo Posts First Half Volume Growth
JOC Staff |
Air Cargo Carriers News
IAG Cargo Adds Johannesburg to Cold Chain Trade
JOC Staff |
IAG Cargo has added Johannesburg as the third route for its new A380 superjumbo aircraft.
Air Cargo Carriers News
Cool Cargo News
Chapman Freeborn, Swiss WorldCargo Sign Air Freight Deal
JOC Staff |
Chapman Freeborn Airchartering and Swiss WorldCargo have entered into a partnership to enhance their cargo offerings.
Air Cargo Carriers News
Grupo Aeroméxico’s Cargo Revenue Falls 10.2 Percent
JOC Staff |
Grupo Aeroméxico reported its cargo revenue in the second quarter of 2013 was $510 million pesos (about US$40.3 million), dropping 10.2 percent from $44.9 million in the second quarter of 2012.
Air Cargo Carriers News
Saudia Unveils Online Tool to Expedite Cargo Clearance
JOC Staff |
Air Cargo Carriers News
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