Maersk’s Logistics arm affected by destocking, ‘normalization’ trends
A.P. Moller-Maersk, parent of Maersk Air Cargo, reported first quarter revenue of $14.2 billion today, a year-over-year decrease of 26% ...
WestJet Cargo launches after 10-month regulatory delay
WestJet Cargo has received Transport Canada’s approval and certification for its four 737-800BCFs and began service on April 22 after ...
Airbus pushes A350F entry into service to 2026
Airbus has pushed back the entry into service of its new A350F to 2026. Airbus is adjusting industrial planning for ...
Regent eyes air cargo market with seaglider
Regent intends to enter the middle-mile cargo segment with its new Viceroy seaglider. The North Kingstown, R.I.-based company, which unveiled ...
DHL forwarding arm impacted by ‘further post-pandemic normalization’
DHL Global Forwarding, Freight division followed its major competitors in posting a significant year-over-year decline in operating profit, revenue and ...
IATA: Air cargo sees moderate decline in March
Global air cargo markets continued to decline in March, a trend that began in March 2022, though the rate of ...
Lufthansa Cargo’s expected losses seen in Q1 results
Lufthansa Cargo today reported first-quarter revenue of $905 million, a drop of 30% from Q1 2022. Adjusted EBIT of $166.8 ...
Belly cargo spike may trigger overcapacity amid sluggish demand for air logistic
As airlines beef up passenger flights for the summer, a key question for air cargo players is if the subsequent ...
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