AirBridgeCargo names Liège Airport as new European hub

Three months after Volga-Dnepr Group signed a memorandum of understanding (MOU) to establish a new cargo hub at Liège Airport (LGG), the group’s Russian subsidiary, AirBridgeCargo Airlines (ABC), signed a 10-year lease at LGG to increase air cargo volumes to and from the airport and foster greater cooperation between the two parties. The airport said […]

Cargo traffic bounces back in August first look

August results are in from some of the world’s big carriers, handlers, and airports, and after lackluster June and mixed July results, cargo growth looks to have rebounded during, particularly out of Asia. However, while more of the major carriers reported year-over-year growth during August compared to the past couple of months, growth rates are […]

How will FedEx beat back Amazon’s challenge? Here’s a hint

FedEx yesterday offered a glimpse at how the express company will fend off competition from Amazon, which continues to develop its own Amazon Air dedicated air network. The secret: infrastructure. David Cunningham, president and CEO of FedEx’s express business, said during a presentation before the Wings Club in New York yesterday that FedEx’s infrastructure gives […]

Latin America industry leaders to address air freight challenges, opportunities

Speakers who will be appearing on a Latin America-focused panel at the upcoming Cargo Facts Symposium see much to be optimistic about in the region – especially e-commerce, which has been a boon globally for the air freight industry – but also acknowledge challenges, both ongoing and imminent, that could have a negative impact on […]

IATA reports only 2.1% air freight traffic growth for July

Despite reports from carriers, airports, ground handlers, and the Association of Asia Pacific Airlines (AAPA) indicating a rebound in air freight traffic growth rates during July, the International Air Transport Association (IATA) recorded a significant slowdown in year-over-year growth for the month, at only 2.1%. IATA attributed the slower growth to a number of factors, […]
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