ATSG fourth quarter net loss of $15 million
Air cargo and related services company ATSG has reported a net loss of $15 million for the fourth quarter of 2023, down from its fourth quarter net earnings of $42.6 million in 2022. The company re...
Air cargo and related services company ATSG has reported a net loss of $15 million for the fourth quarter of 2023, down from its fourth quarter net earnings of $42.6 million in 2022. The company re...
Etihad Airways’ cargo and logistics arm, Etihad Cargo, has signed a three-year agreement with Worldwide Flight Services (WFS) for handling services at twelve international airports. Under the new s...
Turkish Airlines' Turkish Technic, working with Elbe Flugzeugwerke, has successfully completed its first A330 passenger to freight plane (P2F) conversion. It is the first in a series of P2F conversion...
Recent weeks have witnessed a substantial surge in tonnages at several key Asia-Europe sea-air hubs as shippers turn to alternative logistics solutions amidst disruptions to container shipping caused ...
Korean Air has signed an agreement to strengthen its air cargo partnership with Vienna International Airport, capturing growing demand between Korea and Austria. Through the new agreement, Korean Air ...
SriLankan Cargo will launch its first digital sales channel through a new partnership with digital air cargo booking provider cargo.one. ""Our digital sales progression is now a key driver of our g...
Air cargo export rates have surged in week five (January 29 to February 4), the full final week ahead of lunar new year on February 10, 2024, according to a WorldACD market data report. The report sug...
Korean Air's operating profit fell 45% year on year (YoY) in 2023 to $1.23bn from $2.88bn in 2022. Net income fell from $1.38bn in 2022 to $711 million in 2023. However, revenue did rise 8.7% YoY from...
As the world cargo market continues to stabilise (reaching a degree of what Simon Clements, executive vice president of Novus Aviation, describes as a “should we call it normality coming back into pla...
Global air cargo rebounded in 2023 with strong fourth quarter results bringing levels just slightly below 2022 as well as pre-Covid results. The International Air Transport Association (IATA) data ...
Etihad Cargo, the freight and logistics arm of Etihad Airways, has been awarded the International Air Transport Association (IATA)’s Centre of Excellence for Independent Validators Lithium Batteries (...
Global air cargo demand in January remains ‘significantly up’ compared with a comparable period in 2023, reports WorldACD market Data, with all regions except North America noting tonnages ahead of la...
We're Social