Air Cargo

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

Spirit to receive up to $350 million in advance payments from Boeing

Reuters | November 12, 2024 | Air Cargo | Airlines

Spirit AeroSystems said on Tuesday that Boeing will pay a total of up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn cash after four consecutive years of losses.

Avia orders 40 Boeing 737 MAX jets

Reuters | November 12, 2024 | Air Cargo | Freighters

Avia Solutions Group, which leases aircraft and provides related services, has ordered 40 Boeing 737 MAX 8 jets, with an option to order 40 additional jets, the companies said in a joint statement on Tuesday.

LATAM Airlines Brazil invests $7 Million in the largest aircraft maintenance center in South America

AJOT | November 11, 2024 | Air Cargo | General

The project will enable LATAM group’s largest aircraft maintenance center, located in São Paulo, to perform maintenance on Boeing 787 aircraft starting in September 2025.

Air Cargo

AJOT | Top Story | November 11, 2024

CBP agriculture specialists in Louisville stop a shipment containing dead bats and birds

U.S. Customs and Border Protection Agriculture Specialists (CBPAS)at the Louisville Port of Entry intercepted a shipment containing 41 dead bats and 41 dead birds not declared in hopes of avoiding detection.

Boeing commercial airplanes quality chief to retire in December

Reuters | November 11, 2024 | Air Cargo | Airlines

IBA partners with China Air Transport Association to provide carbon emissions insights

AJOT | November 11, 2024 | Air Cargo | Technology | Green Shipping

Brazilian planemaker Embraer updates guidance as profit soars in Q3

Reuters | November 08, 2024 | Air Cargo | Airlines

Brazilian planemaker Embraer's raised its projected adjusted earnings before interest and taxes (EBIT) margin for 2024 to between 9% and 10%, from 6.5%-7.5% before, it said on Friday in a securities filing, while it also saw a jump in third-quarter results.

Portugal targets 2025 TAP sale as more than 12 potential buyers show interest

Reuters | November 08, 2024 | Air Cargo | Airlines

Portugal's government plans to resume the sale of flag carrier TAP in 2025, the country's infrastructure minister said, after receiving interest from more than a dozen potential buyers.

Qantas plane lands safely in Sydney after engine failure

Reuters | November 08, 2024 | Air Cargo | Airlines

A Qantas Airways plane bound for Brisbane suffered an engine failure after take-off on Friday and circled for a short period of time before returning safely to Sydney Airport, the

FAA to strengthen oversight as Boeing set to resume 737 MAX production

Reuters | November 07, 2024 | Air Cargo | Airlines

The Federal Aviation Administration said on Thursday it will boost its oversight of Boeing as the planemaker prepares to resume production of its 737 MAX jets following a 53-day strike that ended earlier this week.

Ontario International Airport celebrates continued growth, robust partnerships during State of the Airport event

AJOT | November 07, 2024 | Air Cargo | Airports

TCS signs multi-year deal with Air France-KLM to accelerate data-driven aviation

AJOT | November 07, 2024 | Air Cargo | Technology

Air France-KLM warns of higher annual costs after Q3 profit miss

Reuters | November 07, 2024 | Air Cargo | Airlines

Air France-KLM on Thursday reported a bigger-than-expected drop in its quarterly operating result and warned that this year's costs would be higher than previously projected.

Sumitomo JV secures right to place order for up to 100 Archer air-taxis

Reuters | November 07, 2024 | Air Cargo | Technology

Bombardier’s quarterly revenue beats on services business boost

Reuters | November 07, 2024 | Air Cargo | Airlines

Brazil’s Gol signs deal with Abra for credit to exit Chapter 11

Reuters | November 06, 2024 | Air Cargo | Airlines

Brazilian airline Gol said on Wednesday it has signed a deal with shareholder Abra to reinforce its current restructuring plan and raise credit to exit bankruptcy, including the conversion of $950 million in Abra's secured debt into Gol shares.

Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units

Reuters | November 06, 2024 | Air Cargo | Airlines

Ethiopian Airlines welcomes Africa’s first A350-1000 aircraft

AJOT | November 06, 2024 | Air Cargo | Airlines

Ethiopian Airlines, the largest airline in Africa announces the arrival of Africa’s first Airbus A350-1000.

SATS and WFS unite with a new visual identity

AJOT | November 06, 2024 | Air Cargo | Freighters

SATS Ltd (SATS) and its wholly-owned subsidiary Worldwide Flight Services (WFS), known collectively as the SATS Group, today launch a new unified global visual identity to reflect their integration and vision to become the world’s leading aviation solutions provider.

Air Charter Service’s Brisbane operation growing fast

AJOT | November 06, 2024 | Air Cargo | Charters

Air Charter Service’s office in Brisbane has experienced incredible growth over the past year, in terms of charter numbers, revenue and the size of the team.

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