Delta Cargo earnings down 28% YoY
Delta Airlines’ cargo revenue dropped 28% year over year in the first quarter of 2023 but was still 10% more...
News
Air cargo market ‘doldrums’ set to continue until 2024
Optimism is waning that inventory replenishment by importers and retailers will trigger a surge in air cargo demand in the...
BUD Cargo City is growing
Budapest Airport always strives to improve further its air cargo services. Their professional work has been recognized by several awards,...
CMA CGM A330F flies for Turkish
CMA CGM Air Cargo began flying one of its freighters on behalf of Turkish Cargo on April 7 with flights...
Indictment brought forward in Polar Air Cargo fraud scheme
Ten former executives and vendors linked to Polar Air Cargo were indicted on fraud charges of $52 million, spurred from...
Flexport: More market fluctuation on horizon
The fluctuation in the air cargo market continues. Several factors, including the war in Ukraine, stabilizing ocean rates and e-commerce,...
Menzies to acquire controlling stake in Groundforce
Menzies Aviation has signed an agreement with TAP Air Portugal and Groundforce’s insolvency estate to acquire a 50.1% stake in...
Merlin earns FAA grant to test unmanned cargo ops
Boston-based Merlin Labs has earned a $1 million contract to test its automated Merlin Pilot system on five Everts Air...
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