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...
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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...
Steen to take the helm of Atlas Air Worldwide in June
Michael T. Steen has been named the new chief executive of Atlas Air Worldwide, replacing John W. Dietrich, who is...
Expeditors sees 44% drop in revenue
Seattle-based logistics company Expeditors had a rough first quarter, with revenue of $2.6 billion, a 44% drop from Q1 2022. ...
JAL to return to 767 freighters with conversions
Japan Airlines will expand its cargo business by converting three of its 767-300ERs into freighters. JAL expects to put the...
Moya secures launch customer for 50 eVTOL cargo drones
Brazil-based Moya Aero has secured an order from Brazil-based helicopter charter company Helisul for fifty of its new electric vertical...
West Atlantic brings another Classic into the fold
Sweden-based West Atlantic still sees the 737-400 as a viable commodity and has decided to add another 737 Classic freighter...
Tycoon Wadia’s airline files for insolvency citing engine snags
Go Airlines India Ltd. filed for insolvency protection, blaming failing Pratt & Whitney engines for grounding about half its fleet...
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