IATA downgrades 2019 outlook for global air transport
The International Air Transportation Association (IATA) reduced its 2019 outlook for the global air transport industry by 21% to $28 ...
Tag: fuel
November rates ‘highest of last 4 peak seasons,’ Drewry finds
Trans-Pacific airfreight rates hit a four-year high of US$3.18 per kilogram during the month of November – a 5 percent ...
IAG Cargo posts modest Q3 gains with increased revenues, costs
IAG Cargo, the cargo arm of International Airlines Group, showed respectable growth in revenues in its third quarter 2018 results, ...
Panalpina reports Q3 contractions, anticipates further challenges
Swiss forwarder Panalpina’s third-quarter financial results show the company is being affected by “macroeconomic uncertainties,” CEO Stefan Karlen said. Its ...
American Airlines has record-breaking Q2, but proceeds with caution
The cargo arm of the traditionally passenger-focused American Airlines increased its second quarter freight volume by 10 percent to 158,757 ...
DB Schenker, Lufthansa half-way to 2020 emissions reduction target
A five-year strategic partnership between Lufthansa Cargo and logistics provider DB Schenker to reduce carbon dioxide emissions is well on ...
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