Air Cargo Carriers News

Japan’s All Nippon Airways said Friday that its group revenue from its international cargo operations soared 94.5 percent in the April-June quarter from a year earlier to 20.0 billion yen.

British Airways will add three 747-8 freighters, Boeing’s latest-generation aircraft, to its fleet, dramatically scaling up its capabilities in a cargo business that expanded more than 36 percen

Average air freight prices out of Asia fell 10.3 percent in June from the month before as airlines brought capacity back into the growing international market, according to the latest Drewry Air Freig

South African antitrust regulators called for seven airlines to be fined 10 percent of their annual local revenue for fixing fuel surcharges and freight rates for cargo flown in and out of the country

American Airlines will pay $5 million and provide evidence to shipper attorneys to settle a civil complaint that the airline took part in a conspiracy to fix cargo prices.

Lufthansa, Europe’s second largest airline, reported a record profit of $187 million on its cargo operations, driven by surging freight volumes on its Americas and Asia/Pacific networks and inte

Deutsche Bahn, the German railway and logistics group, boosted first half profits by over 26 percent from a year ago driven by a 40 percent surge in rail freight volumes and significantly higher air a

Global air cargo traffic jumped by 26.5 percent in June from a year ago and remains 6 percent above the pre-recession peak of early 2008, the International Air Transport Association said.

Air France-KLM swung to a modest operating profit in its fiscal first quarter from a steep year-earlier loss, excluding the impact of an Icelandic volcanic, eruption due to a strong recovery in cargo

London – European Union competition regulators unconditionally cleared a planned merger between United Airlines and Continental Airlines that will create the world’s largest airline.

A Lufthansa Cargo MD-11 freighter crash landed Tuesday as a fire broke out in the cargo compartment while the plane was on approach Riyadh airport in Saudi Arabia.

Singapore Airlines reported a US$44.1 million operating profit for its cargo business in the quarter ending June 30, with strong improvement in volume and pricing bringing the freight operations back

FedEx raised its projected earnings forecast for the current quarter on Monday, saying demand for international air express shipping is accelerating.

UPS says it is seeing some ocean freight shipments switch to air because of an “ocean squeeze” on capacity, and the company expects more shippers to move to expedited transport as demand i

UPS saw its net profit grow 90 percent in the second quarter to $845 million, the strongest profit in nearly two years, on a sharp surge in demand in international and domestic expedited business, the

The top three U.S. passenger airlines expanded cargo revenue a combined 33 percent in the second quarter, as soaring freight demand added to the carriers’ rapidly growing profits.

Etihad Airways took delivery of the first A330-200F, the world's newest freighter aircraft from Airbus.

When the U.S.

Air cargo volume grew for Japan’s two biggest air carriers in May.

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.