Air Cargo

Coverage of air cargo related news including freight forwarders, airlines, airports and more

American Airlines transports priceless masterpieces from Spain to San Antonio

AJOT | June 21, 2018 | Air Cargo | Charters

The exhibition will include more than 40 masterpieces from eight different collections, including the Prado Museum, the Thyssen-Bornemisza Museum and the Reina Sofia Museum in Madrid.

AirBridgeCargo receives RusPrix Award

AJOT | June 21, 2018 | Air Cargo | Airlines

AirBridgeCargo Airlines, one of the major international airfreight carriers, has received a RusPrix Award for its ‘outstanding contribution to the development of Dutch-Russian economic cooperation in the field of logistics and transport’.

Virgin Atlantic Names Weiss CEO as Branson Cedes Control

Virgin Atlantic Airways Ltd. said commercial head Shai Weiss will take over as chief executive officer as billionaire founder Richard Branson prepares to cede majority control of the U.K. carrier.

LATAM Cargo Group begins service to new destinations in Europe and North America

AJOT | June 21, 2018 | Air Cargo | Airlines

Lisbon and Munich will be served by direct flights to and from Guarulhos starting in September 2018 and the first half of 2019, respectively.

Airlines, Railroads Say Local Sick-Pay Laws Don’t Apply to Them

Bloomberg | June 21, 2018 | Air Cargo | General

May Loses Trade Minister in Protest at Heathrow Expansion Plans

Bloomberg | June 21, 2018 | Air Cargo | Airports

Air Arabia Drops After Flagging $336 Million Exposure to Abraaj

Bloomberg | June 21, 2018 | Air Cargo | Airlines

Air Cargo

AJOT | Top Story | June 20, 2018

Boeing, FedEx Express Announce Order for 24 Medium and Large Freighters

Boeing (NYSE: BA) and FedEx Express today announced a new order for 12 767 Freighters and 12 777 Freighters as the world's largest air cargo carrier continues to invest in the industry's most capable freighters to better serve its customers.

Boeing delivers First 737 MAX to Jet Airways

AJOT | June 20, 2018 | Air Cargo | Airlines

Boeing [NYSE: BA] and Jet Airways today celebrated the delivery of the airline's first 737 MAX airplane. Jet Airways will be first Indian carrier to fly the new and improved 737 airplane, which delivers a double-digit improvement in fuel efficiency and improved passenger comfort.

LATAM launches direct route connecting Las Vegas and Sao Paulo

AJOT | June 20, 2018 | Air Cargo | Airlines

American Air Cutting Management Jobs as Merger Work Winds Down

Bloomberg | June 19, 2018 | Air Cargo | Airlines

Boeing Lands $6.6 Billion FedEx Deal as Freight Demand Grows

Boeing Co. landed a deal for 24 cargo aircraft from FedEx Corp. worth $6.6 billion as the revival in the air freight market continues to grow.

FedEx Quarterly Earnings Surge on E-Commerce Delivery Boom

Air Cargo

AJOT | Top Story | June 19, 2018

Cerberus Capital Management to acquire Worldwide Flight Services

Headquartered in Paris, WFS is the world’s largest air cargo handler and a leading provider of ground handling services with over €1.2 billion of total revenues. WFS has a presence in 198 airport locations in 22 countries and serves over 300 customers.

Fitch Affirms JFK IAT (NY) at ‘BBB+’; Outlook Stable

AJOT | June 19, 2018 | Air Cargo | Airports

Air Partner Remarketing market update

AJOT | June 19, 2018 | Air Cargo | General

Air Partner’s Russ Hubbard comments on the Remarketing division’s recent activity and the current market for aircraft sales and leasing

VoIP, remote towers, predictive technologies, and automation systems will ignite new growth opportunities, finds Frost & Sullivan

AJOT | June 19, 2018 | Air Cargo | General

Frost & Sullivan’s recent analysis, Global Commercial Air Traffic Management (ATM) Market, Forecast to 2025, finds that the need to address increasing air traffic in congested airspaces is driving digitalisation of ATM to handle flights efficiently and manage air traffic flow at airports.

Air Cargo

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