Aviation article(s)
US-China tariff pause offers temporary relief, could fuel another frontloading rush
US-China tariff pause offers temporary relief, could fuel another frontloading rush
Turkish Cargo signs long-term Partnership with Atlas Air for 747F flights
Qatar Airways Cargo expands Australian export capacity through Virgin Australia
WorldACD: Labor Day contributes to Asia-Pacific air cargo decline
Finnair Cargo joins Smart Freight Centre
Global schedule reliability records two consecutive month-on-month increases
CEVA Logistics announces new strategic warehouse in Singapore
China Airlines orders four Boeing 777-8 Freighters to expand cargo fleet
Qatar Airways Cargo launches campaign highlighting global trade role
Global air freight rates continue to tumble on tariff uncertainty
DHL acquires US e-commerce logistics company IDS Fulfillment
Tariff shifts reshape freighter operations, fuel market volatility
Pharma.Aero, TIACA partner to boost air cargo's role in healthcare, trade
SATS appoints chief digital officer to lead global digitalisation efforts
AAL transports 60-metre port cranes from Europe to the US
dnata expands airside fleet with 800 new units in US$110M rollout
Trans Global Projects names new director as it launches Malaysian office
ICAO Council condemns radio frequency interference affecting civil aviation
Qatar Airways Cargo becomes launch customer of Mammoth Freighters 777-200LRMF
Air cargo market awaits impact of tariffs and 'de minimis' changes
DP World, Asian Terminals invest US$100M to expand Manila South Harbor
IMO enforces stricter air pollution limits for ships in the Mediterranean
WorldACD: Global cargo tonnages rise 6% in April year-on-year
Kuehne+Nagel, cargo.one partner to expand digital airline connections
ANA cargo volume rises in fiscal year 2024
UK freight group forms advisory body for Heathrow cargo overhaul
Korean Air to build urban air mobility hub in Bucheon
CMA CGM completes Air Belgium acquisition
India shuts airspace to Pakistan airlines amid rising tensions
Air cargo demand rises 4.4% in March amid frontloading ahead of tariffs
Saudia Cargo, China Henan Aviation launch Asia-Middle East air logistics bridge
Geodis, Dolfines team up on XXL lifting device for offshore wind
Emirates, Philippine Airlines to explore enhanced partnership in cargo
time:matters strengthens presence in Southeast Asia
APAC airlines report cargo growth, warn of tariff impact on demand
U-Freight sees continued global ecommerce growth despite current risks
WestJet Cargo expands service to South Korea with increased frequencies
ANA first airline to adopt fuel-saving riblet technology on Boeing 777
CEVA Logistics signs deal to acquire Borusan Tedarik, expand in Turkey
Cargolux posts strong 2024 results, cautions on global market impact
Airports in APAC, Middle East to see US$240B investment in infrastructure expansion
Swissport expands to 13 Saudi airports
WFS, Cathay Cargo ink new cargo handling contracts for Portland, Dallas Fort Worth airports
Air cargo rates from Asia Pacific fall further amid market uncertainty
CMA CGM becomes majority shareholder with 51% stake in Santos Brasil
KLN opens new Netherlands logistics facility to meet e-commerce demand
Cathay expects softening China-US cargo demand amid trade tensions
Qatar Airways Cargo, IAG Cargo, MASkargo eye launch of global cargo joint venture
ANA Cargo boosts online booking with CargoWise
IATA: Brazil's adoption of electronic air waybill a milestone for modernization
Hong Kong air cargo grows 4.8% in March driven by Middle East, Europe
Emirates SkyCargo invests in hydrogen-powered trucks
US to implement reduced port fees for Chinese ships starting October
DHL temporarily halts B2C shipments over US$800 to the US
Saudia Cargo, China Cargo Airlines forge alliance to boost Saudi-China trade
Hactl earns top marks in IATA SeMS certification
Oman Air Cargo launches new Netherlands service, boosts UK flights
Emirates SkyCargo becomes Teleport's cargo partner
UNCTAD: Global economic growth may slow to 2.3% amid mounting pressures
IATA launches information portal for live animal regulations
WFS, Emirates partner for new cargo handling contract at Frankfurt Airport
Hongkong Post halts US parcel shipments amid end of ‘de minimis’ exemptions
dnata handles over 1 million tonnes of cargo in Dubai in a year
Emirates SkyCargo expands dedicated freighter network to Narita
Kuehne+Nagel expands e-commerce deal with Orange
Etihad Cargo raises main deck capacity amid increased Greater China demand
DHL Supply Chain launches new pharma hub in Singapore
Hong Kong International Airport retains top cargo hub title for 14th year in 2024
Cathay Cargo Terminal introduces electric autonomous tractors
Korean Air to monitor trade uncertainties after recording Q1 cargo growth
Frankfurt continues to record cargo growth in March
Saudia Cargo launches new freighter routes to China, Belgium
India ends transshipment facility for Bangladesh exports
Supply chains brace for impact as US further hikes tariffs on China
Airfreight demand from China, Hong Kong to the US declines as rates rise
Robotic last-mile delivery set to transform urrban logistics — ABI Research
LOT Cargo signs up with cargo.one for online booking
Cathay launches Cathay Technologies to drive aviation digital solutions
Globe Air Cargo Cambodia named GSA for Air Premia in Cambodia, Myanmar
Etihad Cargo advances Abu Dhabi’s bid as global pharma hub
Air cargo braces for “disruptive” tariffs; removal of de minimis exemptions
Hactl, HKT establish Hong Kong’s first 5G private network-enabled air cargo terminal
DHL to invest EUR500M in Asia Pacific to boost health logistics
Airport Authority Hong Kong appoints Vivian Cheung as CEO
U.S. reciprocal tariffs to shift global trade, leave long-term effects
Chongqing-Hong Kong Sea-Rail Service boosts Hong Kong shipments
Duvenbeck appoints China Representative to expand international operations
DHL partners with Chinese ecommerce giant TEMU
Skyway Airlines begins freighter operations in Hong Kong; taps Hactl as ground handler
IATA's SAF Registry goes live
BIMCO: Container rates drop 28%, worst first quarter in 20 years
Emirates launches Emirates Courier Express, an end-to-end delivery service
Air Charter Service arranges relief flights to Myanmar, Thailand after quake
WFS resumes cargo handling deal with MASkargo in France
IATA World Cargo Symposium 2025: Navigating Geopolitical Shifts with Technology & Innovation
Turkish Cargo resumes operations at Maastricht Aachen Airport
Air cargo demand declines slightly in February – IATA
China Aircraft Leasing Group upsizes warehouse facility to US$700M
Kerry Logistics rebrands as KLN; reports profit rise in 2024
WorldACD: Global air cargo rates rise as post-NY market rebounds
SATS partners with Guangtai to innovate ground support technology
United Cargo expands TempControl with Envirotainer Releye® RKN
Jettainer, Air Astana to continue ULD partnership
APAC airlines sustain cargo growth amid growing trade uncertainties
DHL transports 17 endangered Mountain Bongo antelopes from Florida to Kenya
Hong Kong exporters remain positive despite growing trade tensions
Sea-Intel: New carrier alliances launch with record schedule reliability
Tariff turmoil persists, though ocean freight rates continue to decline
UN agencies express grave concern over increased satellite interference
Airbus launches pilot programme to boost SAF adoption
Enhanced Asia connections at Techplata with new ONE services
IATA launches decarbonization body to oversee SAF Registry
Qantas Freight partners with CargoAi to expand digital distribution
Cathay Cargo Terminal earns Asia's first IATA SeMS certification
Air cargo rates and demand see gradual growth
Alaska, Hawaiian Air Cargo launch shared booking across network
Container rates slip amid signs of overcapacity
Cathay reports double-digit cargo growth in February
Qatar Airways Cargo launches TechLift to enhance semiconductor transport
China's SF Airlines expands fleet to 90 freighters
Finnair, DB Schenker partner to reduce GHG emissions for cargo transport
WFS, Kuehne+Nagel partner in Frankfurt for cost-efficient import cargo clearances
Modern Terminals ink cooperation deal with Guangxi Beibu Gulf International Port Group
Saudia Cargo reports surge in date shipments
Jettainer launches updates to customer platform
China, Hong Kong raise concerns over Hutchison Ports deal
China's railway cargo transportation volume up in January-February
Hong Kong Air Cargo names Hakan Bulat as new president
Hong Kong air cargo growth steadies in February
deugro moves oversized equipment for petrochemical project
WorldACD: Flat markets slightly above last year's levels
Frankfurt sees steady cargo traffic in February
Abu Dhabi streamlines export booking process in new partnership
SATS, Vietnam Airlines sign MoU to develop air cargo terminal in Vietnam
Malaysia's Sin-Kung Logistics eyes air cargo with Prima Air acqusition
Kerry Logistics selected by Teva as exclusive 4PL provider in GBA
Global trade set for growth despite U.S. policy shifts – DHL Trade Atlas 2025
Cathay cautious but optimistic on cargo outlook this year following strong 2024
Korean Air unveils new aircraft livery following Asiana merger
Hungary Airlines taps Hactl for Hong Kong flights
Air Charter Service names new EMEA, APAC head of time critical service
U.S. tariffs to accelerate relocation of factories to South, Southeast Asia
WorldACD: China to US market weakens in February
JD Logistics facilitates import of largest direct air shipment of Dutch tulips in China
Tariff rollouts, prevailing uncertainty challenging logistics
Air New Zealand CEO Greg Foran to step down in October 2025
Contecon Guayaquil welcomes 1st direct service to Asia
Lufthansa Cargo aims to become a top five global cargo airline
Airforwarders Association calls for caution with tariffs
CMA CGM to invest US$1B for new Chicago air cargo hub
Trump halts Canada, Mexico tariffs again for another month
Slump in Shanghai spot rates a ‘taste of what's to come’ for ecommerce
DCSA launches programme to accelerate shipping digitalisation
Hactl inks deal with Shell Hong Kong on renewable diesel fuel
Lödige Industries supports dnata with maintenance services at Changi Airport
DHL sees new opportunities in Thailand amid supply chain diversification
Emirates SkyCargo boosts initiatives to combat illegal wildlife trade
Royal Air Maroc boosts cargo links with Beijing
Thai Airways taps ECS Group subsidiary for Belgium-Bangkok cargo
Port of Antwerp-Bruges expanding its Maritime Logistics Zone
DHL Group opens three EV centres in Asia
Emirates boosts cargo capacity with new flights to Shenzhen, Da Nang, and Siem Reap
Kuehne+Nagel bags Sanofi fulfilment services in Türkiye
Neutral Air Partner launches NAPay with CargoWALLET
HKIA accelerates investments in infrastructure, digitalization
Maastricht Aachen Airport seeks to boost china ties and Asian trade
DHL moves to grab larger slice of returns
United Cargo expects a good start to 2025 amid uncertainties
Freight pricing, contracts become more fluid
Etihad Cargo eyes further Asia expansion
Software provider opens door for airline premium ecommerce service
Hactl sees cargo boost from Hong Kong’s new three-runway system
Kuehne+Nagel inaugurates Rolls-Royce engine fulfilment centre in Dubai
Air cargo demand rises 3.2% in January, slowing from double digits in 2024
Qatar Airways Cargo launches aerospace product
Emirates SkyCargo freighters get new livery
ACI World forecasts cargo growth of 2.4%-2.7% from 2024 to 2053
APAC airlines sustains cargo growth despite growing uncertainties
U.S. eyes implementing steep port fees for Chinese containerships
IATA World Cargo Symposium 2025: Navigating Geopolitical Shifts with Technology & Innovation
Transshipments fuel cargo growth at Hong Kong Int'l Airport in January
Atlas Air, DHL terminating Polar Air Cargo joint venture in 2025
SATS notes “volatile” outlook for cargo business
Royal Jordanian Cargo marks 35 years of Maastricht Airport operation
Air Charter Service passes 30,000 flights in one year for the first time
Emirates SkyCargo, Astral Aviation sign MoU to boost trade to and from Africa
Sri Lanka's Fits Cargo joins CargoAi booking platform
AAT expands partnership with Hong Kong Post
Port of LA reports busiest January on its 117-year history
ANA reports higher cargo tonnage in the first nine months of 2024
Atlas Air signs MoU with SATS, WFS to expand global cooperation
Cathay Cargo records double-digit volume growth in January
American Airlines Cargo doubles annual plastic waste reduction
Etihad Cargo supports fresh flowers transport from Nairobi to Europe
Air cargo adjusting to looming de minimis changes
Schiphol reports 8.2% increase in cargo for 2024
Awery appoints Wayne Phelan to drive US, Southeast Asia expansion
Korean Air increases cargo capacity to Japan with new Kobe flights
New air cargo routes link China's Guiyang with Myanmar, Bangladesh
Air Macau names AVS GSA Thailand as country's GSSA
Dachser boosts its network for life science, healthcare logistics
DHL: Tariff concerns has led to early ocean shipping cargo rush
Port of Long Beach reports busiest January on record
World trade growth revised down for 2025-2026
Frankfurt cargo volumes slid in January
Maastricht Aachen Airport expands cargo flights amid Belgian strikes
MIA expects 3% more flower shipments for Valentine's 2025
Supply chain drives M&A deal activity to record 5% YoY value growth in 2024
Turkish Cargo joins CargoWise platform
Qatar Airways Cargo transports 42M red roses for Valentine’s Day
UPS starts new Paris-Hong Kong cargo route
AAT appointed cargo terminal operator for Air Premia’s new Hong Kong route
Rating
ATLAS AIR REPORTS 'SUBSTANTIAL' LONG HAUL WIDEBODY FREIGHT DEMAND
November 9, 2020
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Atlas Air Worldwide reported a continued recovery in the third quarter and expects "solid" performance to end the year to be driven by e-commerce growth and end-of-the-year airfreight demand.

 

In a statement, Atlas Air Worldwide Holdings CEO John W. Dietrich said the company is also seeing "substantial demand for long haul widebody services. 

 

"The positive momentum of our business continued in the third quarter, despite a more complex, costly and challenging operating environment caused by the COVID-19 pandemic," Dietrich said, noting that Atlas Air's performance is the result of efforts to "increase utilization of aircraft and execute on strong market demand and higher yields."

 

Increased demand for widebody 

 

With its expanding list of partners worldwide — Cainiao, the logistics arm of Alibaba, HP Inc., Amazon and several large global freight forwarders — Atlas Air said they're also seeing an increased demand for widebody services.

 

"We are seeing substantial demand for our long-haul widebody services, both near- and long-term, at attractive yields. We are leveraging the agility of our business model and the scale of our fleet and global operations to serve this increased customer demand," Dietrich added.

 

In order to meet customer demand, Atlas Air said it is reactivating its fourth 747 freighters that had been previously parked. This will add to the three 747 freighters and the 777 it placed back into service during the second quarter of the year.

 

"We continue to broaden our customer base and grow with existing customers to maximize market opportunities. We further increased our roster of long-term charter customers, including the addition of Cainiao ... we also expanded operations for Amazon, where we began CMI flying three additional 737 freighters since September," Dietrich said. Atlas Air now operates eight 737s for Amazon.

 

Meanwhile, Atlas Air noted that these long-term customer agreements provide "secure and attractive earnings" streams for the company and "deepen" its strategic position in the fast-growing e-commerce sector, as well as in important global markets like China and South America.

 

Outlook for yearend

 

With these developments, the cargo airline is looking ahead to further expansion towards the end of the year with e-commerce, among others, driving the growth. 

 

"Looking to the fourth quarter, and subject to any material COVID-19 developments, we anticipate solid volumes and yields driven by continued e-commerce growth and end-of-the-year airfreight demand, coupled with the reduction of available cargo capacity in the market," Dietrich said.

 

"We anticipate fourth-quarter revenue of about US$850 million and adjusted EBITDA of approximately US$215 million," he added, noting that Atlas Air also expects fourth-quarter 2020 adjusted net income to grow approximately 25% compared with adjusted net income of US$82.7 million recorded in the third quarter of this year.

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