David Harris

2015: The results are in

The International Air Transport Association released its airfreight market analysis for the full year 2015, indicating that worldwide air cargo traffic was up 2.2 percent, led by 2.5 percent growth in international traffic, while domestic traffic was almost flat (up just 0.1 percent) with 2014. David Harris, editor of our sister publication, Cargo Facts, provides […]

Atlas to acquire Southern Air

Atlas Air Worldwide Holdings (AAWW) signed a definitive agreement to acquire Southern Air Holdings, a privately held US company with two airline subsidiaries – Southern Air, and Florida West International Airlines – for US$110 million. Atlas said it expected the acquisition to close “in the next few months,” assuming regulatory approval by the US Department […]

Does November decline signal a turnaround?

The International Air Transport Association released its air freight market analysis for November 2015, showing a 1.2% year-over-year decline in worldwide cargo traffic (in freight tonne kilometers flown). This 1.2% overall loss was the result of a 1.3% decrease in international traffic and a 0.4% decrease in domestic traffic.

So it’s 2016: Now what?

It’s a new year, but is it happy? On the first business day of 2016, the world’s financial news services led with the story of a 7 percent drop in China’s CSI Index, sparking fears of a spread to European and North American markets. Our sister publication, Cargo Facts, discusses these fears and asks what […]

A long-distance blueberry

After a holiday season spent over-eating, doesn’t the idea of replacing high-calorie desserts with some simple, healthful, fresh fruit sound good?

The Airlink Year-End Challenge

A contribution from our sister publication Cargo Facts: As regular readers of this website know, Air Cargo World and Cargo Facts have, for some time, been supporters of Airlink, the rapid-response humanitarian relief organization that links airlines with prequalified nonprofits.

And the ‘Air Cargo Journalist of the Year’ is…

Our congratulations to Randy Woods, editor of Air Cargo World, who was named last night the “Air Cargo Journalist of the Year” by the Seahorse Club, the London-based organization for journalism professionals in the freight transport, shipping and logistics sectors worldwide. Randy won for his feature article “The Lion Roars” on Ethiopian Airlines’ cargo operations. The story was published […]

Lufthansa Cargo reports operating loss, will park two freighters

For the second-straight quarter, Lufthansa Cargo AG, the logistics and cargo arm of Germany’s Lufthansa Group, reported an operating loss. With no end to the current declining airfreight demand in sight, it is likely that the carrier’s cargo business will end up reporting its first full-year operating loss in six years. Lufthansa Cargo’s earnings before […]

Expeditors keeps breaking its own records

Expeditors International continued its remarkable string of successes with its third-quarter figures. As was the case in the second quarter, net income, net revenue and operating income were all records for the forwarder, and all came despite a sluggish economy. David Harris, at sister publication, Cargo Facts, provides more details.

U.S. Ex-Im Bank closer to reauthorization

MIAMI – On the second day of the Cargo Facts Aircraft Symposium, Cargo Facts editor David Harris awarded his unofficial “Crystal Ball of the Day” award to the panelists on Monday’s “Aircraft Finance” session for correctly predicting yesterday’s announcement that the U.S. House of Representatives would vote to reauthorize the Export-Import Bank, a crucial tool in […]

ACG orders fifteen 737-800 P-to-F conversions

MIAMI — US-based lessor and asset manager Aviation Capital Group placed a firm order for fifteen 737-800 passenger-to-freighter conversions with Aeronautical Engineers, Inc (AEI), with options for fifteen additional conversions. The announcement was made at the Cargo Facts Aircraft Symposium in Miami.
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