Air Cargo Carriers News

Deutsche Post DHL raised its full year earnings forecast Wednesday after reporting an 18.5 percent surge in third quarter operating profit to $885 million driven by strong growth in domestic mail and

Struggling Japan Airlines said Tuesday that it posted a net profit of $1.25 billion on a consolidated basis in the first half of fiscal 2011, which started on April 1, thanks to rigorous cost-cutting

Boeing delivered its first 747-8 freighter to Cathay Pacific Airways this week, making the Hong Kong-based airline the second carrier to take the aircraft and giving the aircraft manufacturer a needed

As Lufthansa Cargo tells it, the fate of the world’s fourth-largest air freight carrier is hanging in the balance until a court issues a final ruling early next year on a surprise night flight b

All Nippon Airways reported a 72.1 percent gain in group net profit in the first half of its 2011 fiscal year on Friday that included a 10.4 percent increase in revenue from international cargo operat

Lufthansa Cargo’s profit fell 57 percent year-over-year to $50.4 million in the third quarter, as the German air carrier warned the future is clouded by economic uncertainty and the impact of a

Cargoitalia created a division to handle growing charter and aircraft wet lease operations, which are compensating for reductions in the Italian cargo airline’s scheduled services.

HNA Group bought a Turkish air cargo operator and will add up to 15 freighters over the next two years, as the Chinese transportation group attempts to become the leading global logistics conglomerate

Lufthansa Cargo employees walked off the job at Frankfurt airport Tuesday to protest a temporary ban on night flights at the carrier’s global hub.

Singapore Airlines is adding twice-weekly freighter service between Singapore and Frankfurt, adding Asia-Europe capacity just as a ban on night flights at Frankfurt threatens to limit service at the G

Monsoon floods in Thailand are disrupting the supply chains of multinational companies including Apple, Ford Motor, General Motors, Nissan Motor, Honda, Toshiba, Toyota Motor and Western Digital, acco

Lufthansa Cargo is canceling up to three weekly freighter flights to and from China, re-routing other services through Cologne and re-scheduling North American operations in an emergency response to t

Cargolux is launching two new freighter services connecting the U.S. with Australia and the west coast of Africa.

Kenya Airways, tapping into growing trade between Africa and China to build its burgeoning cargo network, is launching 747-400 freighter service this month between Guangzho in China’s industrial

Japan’s All Nippon Airways’ international cargo volume fell for the first time in two years in August on a year-on-year basis, declining 2.5 percent to 38,125 tons.

Cargo carried by Cathay Pacific Airways and Dragonair contracted for the sixth straight month in September as demand for

Operators at Bangkok’s Suvarnabhumi International Airport said they are ready to divert flights and close terminals if

The capital of Bangladesh is not associated with huge air cargo volume, but, in April, Lufthansa Cargo entered the market with a weekly MD-11 freighter operating from Dhaka to Frankfurt via India.

SHENZHEN – Lufthansa Cargo CEO Karl Ulrich Garnadt says the carrier remains committed to an expansion plan at Frankurt Airport despite the “major setback” from a court that banned ba

Cargolux has loaded cargo onto its first 747-8 freighter and will take over a second aircraft Thursday, after settling a

Lufthansa Cargo carried 5.1 percent less freight in September than a year ago, in contrast to a significantly smaller decline at Air France-KLM and a slight increase at IAG, the merged British Airways

Lufthansa Cargo’s freighter services are facing serious disruption and sizable financial losses after a court banned night flights at its Frankfurt airport hub.

Oak Hill Capital Partners injected $55 million into Southern Air Holdings so the air cargo carrier can expand its fleet of 777Fs and 747-400s.

Qatar Airways is launching scheduled freighter services to Atlanta, Houston and Toronto, the latest expansion in the Gulf Arab carrier’s bid to become one of the world’s biggest air cargo

Apollo Freight, a specialist in perishables logistics, has begun construction on a 16,000-square-foot refrigerated center adjacent to Los Angeles International Airport.

Ethiopian Airlines became the first African customer for the 777 freighter, placing an order for f

A European Union scheme compelling all airlines to pay for carbon emissions on flights to and from the 27-nation bloc from next January is legal, the EU’s highest court said in a preliminary opi

International Airlines Group, the owner of the merged British Airways-Iberia carrier, boosted cargo traffic in September by 1.6 percent year-over-year as the Spanish airline’s growth compensated

Cargo traffic at Cathay Pacific Airways fell 9.7 percent year-over-year in August and the carrier said demand remained weak into September even as the peak fall shipping season approached.

Cargolux is expected to take delivery this month of its first 747-8 freighter after settling a contract dispute

The downturn in the global air cargo market accelerated sharply in August with traffic shrinking 3.8 p

The arrival late last month of a China Cargo Airlines freighter at Lambert-St. Louis International Airport was supposed to launch a service aimed at raising the city’s role in global trade.

Cargo traffic for Asia-Pacific airlines fell 5.8 percent in August as carriers pulled back freight capacity even as the industry’s peak shipping season neared.

Colombia’s Avianca will pay about $500 million for four A330-200 freighters, as the South American country’s flagship airline readies itself for the passage of a free trade pact with the U

Atlas Air handed Boeing and the aircraft manufacturer’s troubled 747-8 freighter program its second major setback in a week, canceling orders for three of the planes just days after

Damco Airfreight recently transported a 52-ton compressor from India to Berlin via an Antonov 124, the world's second-largest operating cargo aircraft.

Germany’s DHL Global Forwarding bought out its partner Lufthansa Cargo’s share in their U.S-based temperature-controlled logistics joint venture.

The International Air Transport Association cut its 2011 forecast for global air cargo revenue to $67 billion from a $72 billion estimate in June, due to stagnant volume and

Cargolux stunned Boeing and the air cargo industry this weekend when the airline announced it would not accept delivery of the first of two 747-8 freighters over what the carrier called “unresol

The Gartner research group lowered its forecast for semiconductor shipments in 2011, saying sales of the chips that are the bedrock of the technology industry will fall 0.1 percent this year.