Freighter aircraft transactions through mid-May
Every week in Cargo Facts Update, we include a list of recent freighter aircraft transactions, and then a comprehensive summary...
WFS buys out partners in WFS Ireland joint venture
Paris-based Worldwide Flight Services (WFS) is now the full owner of its former joint venture WFS Ireland, after buying out...
DP-DHL 1Q growth challenged by Supply Chain, Post weakness
Deutsche Post-DHL Group reported mixed results for the first quarter of 2018, as net profit fell 6.2% year-over-year to €631...
ATSG reports another good quarter
Air Transport Services Group (ATSG) had another great quarter following strong results in 2017, with most of the improvements stemming...
IAG Cargo Q1 gets boost from India, pharma demand
U.K.-based IAG Cargo reported a 10.9 percent increase in commercial revenues over the first quarter of 2018, compared with the...
Virgin Atlantic Cargo gains pharma authorization at Heathrow
Virgin Atlantic Cargo received a wholesale distribution authorization (WDA) from the United Kingdom’s government for the carrier’s global headquarters operations...
Logistics tech provider project44 hits US$48 million in funding
Logistics software provider project44 raised an additional US$35 million in funding to bring its total funding to $48 million. The...
Volga-Dnepr to exit An-124 NATO charter agreement
In another sign of rising tensions between Russia and the West, Russia-based Volga-Dnepr Group is withdrawing from the Strategic Airlift...
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