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June air cargo demand 'showed smallest fall since February 2022' - IATA

: Latest News; Wednesday, 09 August 2023

The International Air Transport Association (IATA) says June 2023 global air cargo markets showed the smallest year-over-year contraction in demand since February 2022.

Nauru Airlines adds B737-800F to fleet

: Latest News; Sunday, 06 August 2023

Brisbane, Australia-based Nauru Airlines has added a B737-800F to its fleet.

Cathay Cargo now CEIV li-batt certified

: Latest News; Sunday, 06 August 2023

Cathay Cargo and the Cathay Cargo Terminal in Hong Kong have received the IATA Center of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification.

Lufthansa reports Q2 profit slump

: Latest News; Saturday, 05 August 2023

Operating profit at Lufthansa's cargo subsidiary fell 92 per cent in the second quarter, prompting the Germany-based airline to say it expects the market downturn to deliver a continued fall in freight rates “and thus a significant decline" in revenue and operating profit for the full year.

MSC on track for 100pc takeover of AlisCargo

: Latest News; Saturday, 05 August 2023

Following last month's announcement that talks were under way, Mediterranean Shipping Company (MSC) has taken a majority stake in Milan-based carrier AlisCargo Airlines and is headed for 100 per cent ownership of the Italian cargo airline in 2024.

BGS takes over at Naftelf

: Latest News; Saturday, 05 August 2023

Ground handling, aircraft fuelling and logistics services company BGS is expanding and strengthening its presence in the Estonian market with the acquisition of Naftelf Eesti AS, one of the largest plane fuelling companies at Lennart Meri Tallinn Airport.
For the past 18 years, BGS has been operating in the Baltic and beyond.

Shippers in charge of rates talks - Clive

: Latest News; Saturday, 05 August 2023

Shippers will hold the upper hand in the next round of winter airfreight rates negotiations after another month of falling demand in July saw volumes drop two per cent month-over-month, and the general global air freight spot rate decline at 40 per cent or more for a fourth consecutive month, according to the latest weekly market analysis by Clive Data Services, part of Xeneta.

Qatar Air 'moved 1.5m tonnes of air freight' in a year

: Latest News; Thursday, 03 August 2023

Still smarting from Australia's decision to block expansion of flights there, Qatar Airways is promoting its air cargo record, saying it transported more than 1,541,041 tonnes of air freight globally between April 2022 and March 2023, giving it an 8.1 per cent market share.

Korean reports lower airfreight figures

: Latest News; Thursday, 03 August 2023

Korean Air has joined the list of major carriers detailing cargo losses, saying revenue in the second quarter plunged 56 per cent to US$748.8 million, although total group revenue grew to US$2.7 billion.