Lufthansa Cargo revenue contribution leaps ahead with record result
The traffic revenue generated by the cargo division of Lufthansa Group accounted for almost 30% of the group’s overall transport...
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Lufthansa Cargo to add first used 777F
Lufthansa Cargo expects to add to its fleet another 777F this year but, unlike the nine others it has received...
EFW inducts first A320 for conversion
Elbe Flugzeugwerke (EFW), the JV of Airbus and ST Aerospace, has inducted the conformity aircraft for its A320-200P2F conversion program....
February airfreight rate volatility creates risky environment for forwarders
A recovery in airfreight volumes to pre-pandemic levels in February, combined with continued year-over-year capacity shortages, stand to negatively impact...
US suspends tariffs on UK goods in Airbus-Boeing dispute
The U.S. will suspend retaliatory tariffs on U.K. products caught up in the longstanding dispute over illegal aid to Boeing...
Modal shift from sea lifts Kuehne+Nagel air yield in Q4
Switzerland-based Kuehne+Nagel reported Q4 gross profit for its airfreight unit up 16.9% year-on-year to CHF 374 million (US$407 million) despite...
Aviastar-TU continues 757F fleet growth
Russia-based Aviastar-Tu has expanded its fleet with the addition of another 757-200PCF. The carrier confirmed to Cargo Facts that it...
Japanese air exports up in December and January, imports down
Japanese airfreight exports showed a notable uptick in volumes toward the end of 2020, based on timely statistics reported by...
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