AVIATION
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2024 will see a return of classic seasonality in air freight, but risks remain
November 27, 2023 - The air freight market has been on a rollercoaster ride of late, but 2024 could see a return to 'cla...
Swissport sells stake in Saudi business to expand in air cargo handling
November 27, 2023 - Swissport International is selling a minority stake in Swissport Saudi Arabia to ASYAD Holding as it seeks to further...
Saudia Cargo, Cainiao, and WFS increase collaboration for cross-border e-commerce
November 27, 2023 - Saudia Cargo, Cainiao and Worldwide Flight Services (WFS), a member of the SATS Group) have announced increased...
Cathay saw cargo growth in October; Group sees return to profitability by end-2023
November 23, 2023 - Cathay Pacific reported another month of cargo growth in October, driven by continued expansion in e-commerce volumes....
Freightos: Ocean rate slide show mixed GRI impact; air rates climbing
November 22, 2023 - Ex-Asia ocean rates fell across the major trade lanes last week, showing that carriers' attempts to increase r...
Lufthansa Cargo starts construction of new Frankfurt hub
November 22, 2023 Lufthansa Cargo is pressing ahead with modernizing the Frankfurt hub through its LCCevolution project. The cargo...
Hong Kong air cargo volumes grew 12% in October
November 22, 2023 Cargo throughput at the Hong Kong International Airport (HKIA) — the world's busiest cargo hub — continued...
Qatar Airways Cargo launches transport solution for automobiles
November 22, 2023 Qatar Airways Cargo announced its latest product, Drive, which is designed to transport various types of automobiles by...
Korean Air partners with LX Pantos to increase SAF usage for cargo flights
November 21, 2023 Korean Air has partnered with LX Pantos, a global logistics company, to expand the use of sustainable aviation fuel...
Challenge Group appoints David Canavan as Group COO
November 20, 2023 Challenge Group, an international air cargo conglomerate offering tailored end-to-end logistics solutions for complex...
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