Maersk’s Logistics arm affected by destocking, ‘normalization’ trends
A.P. Moller-Maersk, parent of Maersk Air Cargo, reported first quarter revenue of $14.2 billion today, a year-over-year decrease of 26%...
Carriers
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...
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...
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...
Cargojet disposes of 3rd 777-300ER
Cargojet will remove the third and final 777-300ER from its inventory as the Canadian carrier shelves plans for the type....
Air Central’s first ARJ21-700CCF takes flight
China-based Air Central soon will become the second operator of the ARJ21 freighter as the carrier’s first aircraft begins test...
Cargojet has stable Q1 with 0.7% dip in revenue
Canadian air cargo services provider Cargojet reported first-quarter revenue of $231.9 million Canadian ($171.3 million), down just 0.7% from Q1...
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