IATA Reports Improving Air Cargo Market in June
The International Air Transport Association (IATA) in Geneva released data for June 2023 global air cargo markets showing the smallest… Read More »
Western Global Files for Chapter 11 Bankruptcy Protection
Troubled US freighter operator, Western Global Airlines (WGA), has taken a significant step towards stabilizing its operations by filing for… Read More »
Air Cargo Slowly Recovers from Bottom, Set for Gradual Rebound
Air cargo volume declines have bottomed out but are expected to remain in the doldrums for a while yet. Writing… Read More »
Lufthansa Cargo Outperforms the Market in Q2 with Strong Results
Lufthansa Cargo “outperformed the market as a whole” in the second quarter of this year, as average yields remained 40%… Read More »
Cathay Cargo Receives IATA’s CEIV Lithium Batteries Accreditation
Cathay Cargo and the Cathay Cargo Terminal have received the IATA Center of Excellence for Independent Validators Lithium Batteries (CEIV… Read More »
LATAM Cargo Revenues Decline as Southbound Demand Softens
Chile-headquartered LATAM Airlines Group cargo revenues took a hit in the three months ended June 30, against a backdrop of… Read More »
ATSG Benefits from Freighter Leases, Boosting Cash Flow
Air Transport Services Group’s (ATSG) Cargo Aircraft Management (CAM) division looked healthy in the second quarter ended June 30, thanks… Read More »
Polar Air Cargo Renews Network Cargo Contract in Canada
New York-based all-cargo carrier Polar Air Cargo has renewed its GSA contract with Network Cargo across Canada for a further… Read More »