Ethiopian Airlines shows cargo volume growth in Q2

Ethiopian Airlines has released its results for the period ended on June 30, which shows an 18 percent increase in cargo volume to 400,339 tonnes and a 26 percent increase in net profit to about US$ 245.6 million compared to the same period last year. The airline has added eight new destinations to its network […]
  • Nina Chamlou
  • August 15, 2018

Pilot Freight expects 30 percent growth in 2018 ‘heavy-and-hard-to-handle’ e-commerce

Pilot Freight Services released its Q2 2018 results in which it projects its “heavy and hard-to-handle” (H3D) e-commerce business will grow 30 percent by year-end. In terms of traffic, the company has moved about 24,000 tonnes of freight so far this year, which it said is a “12 percent increase over last quarter.” John Hill, […]
  • Nina Chamlou
  • August 10, 2018

The Freight 50: Turbulence ahead for the top cargo carriers?

When economic indicators are grim and airfreight businesses are looking for a turnaround, it’s easier to spot the positive signs of hope in the industry. But when the outlook has been rosy – like it has been for much of the last 18 months for air cargo – carriers may have a tougher time preparing […]
  • Randy Woods
  • August 8, 2018

IATA reports flattening global demand for airfreight

The International Air Transport Association (IATA) reported a global growth in demand for airfreight measured in freight tonne kilometers (FTKs) of 2.7 percent during June – less than half the rate experienced during the same period last year. Capacity was reported to have grown by 4.1 percent, marking the fourth consecutive month that growth in […]
  • Nina Chamlou
  • August 8, 2018

Anchorage Airport sees decent traffic growth in H1 2018

For the first half of this year, major Alaskan hub Anchorage Airport (ANC) reported a 5.2 increase in traffic to 1.3 million tonnes of cargo – a decent growth rate despite a general decline in traffic growth experienced by carriers from around the world, evident in the many 2018 interim statements that have been cropping […]
  • Nina Chamlou
  • August 8, 2018

Agility Logistics reports Q2 growth in net income, airfreight volume

Kuwait-based Agility Logistics has released its Q2 2018 financial results, which show a 20 percent increase in net profit and a 14 percent increase in volume, year-over-year, in its airfreight segment for the three-month period ended in June 30, 2018. Its freight forwarding and contract logistics segments were the two major drivers of revenue within […]
  • Nina Chamlou
  • August 7, 2018

IAG Cargo Q2 financial results show marginal growth

United Kingdom-based IAG Cargo today, released its financial results for Q2 2018, cargo revenue increased 3.7 percent to €281 million during the three-month period. Revenue growth outpaced cargo volume growth, increasing 0.4 percent year-over-year in Q2, to 1,414 tonnes – symptomatic of the carrier’s strength in 2017, which has made for more difficult annual comparisons […]
  • Nina Chamlou
  • August 3, 2018

Schiphol: Belly volume up, freighter volume down

The saga continues for Amsterdam Schiphol Airport (AMS) – traditionally, one of Europe’s most popular cargo hubs – following news that its Q1 2018 declines in cargo volumes have continued through Q2, due to a continued slot shortage issue for freighters. While the airport has seen volume in carrier’s belly cargo increase, it said “slot restrictions […]
  • Nina Chamlou
  • August 2, 2018

DSV continues solid air cargo growth into 2018

Denmark-based transport and logistics company DSV released its second-quarter financial results for 2018, which show it has sustained continued strong growth following a record-breaking 2017 year. The company experienced varied growth in each of its segments during Q2. Looking specifically at airfreight within the Air & Sea division, gross profit grew 16 percent (including exchange […]
  • Nina Chamlou
  • August 1, 2018

The Freight 50 List for 2018

The impossibility of perfection We at Air Cargo World and Cargo Facts are proud of the nearly comprehensive portrait that this Freight 50 listing paints for the air cargo carrier business. But we also know enough to realize that a perfect list is nearly impossible to compile. While it’s a trustworthy estimate, it’s still just […]
  • Randy Woods
  • July 31, 2018

E.U.-Japan free-trade deal expected to increase trade by 18 percent

While much of the world remains concerned about the long-term effects of the protectionist policies the United States has taken with China, Europe, Mexico and Canada, the European Union and Japan have taken steps to solidify their relationship with what is being called the E.U.’s largest bilateral trade agreement in its history. According to an analysis […]
  • Randy Woods
  • July 27, 2018

AAPA traffic growth continued to slow in June

The latest cargo traffic results released by the Association of Asia Pacific Airlines (AAPA) continued a pattern of gradual decline in traffic growth among its member carriers since April. The organization reported a 3.4 percent year-on-year growth rate in freight tonne kilometers (FTKs) handled for the month of June. The number marks a 1.5 percent drop […]
  • Nina Chamlou
  • July 24, 2018

Freightos, Lufthansa Cargo collaborate on instant ‘e-booking’ of air cargo

In an effort to hasten the digitalization of the airfreight industry, online cargo marketplace Freightos has teamed up with Lufthansa Cargo to create a new online portal through which forwarders can compare rates and book air cargo space nearly instantly. By combining Freightos WebCargo and Lufthansa Cargo’s application programming interface (API) services, enabling forwarders to […]
  • Randy Woods
  • July 23, 2018

Brazil’s Rio Galeão Airport sees major growth in first half of 2018

Brazilian hub Rio de Janeiro-Galeão International Airport (GIG) has reported a 41 percent increase in its cargo handle to 46,500 tonnes for the first half of 2018, compared to the same period last year, as economies in Latin America begin to show signs of resuscitating following a long period of economic slump. The total weight […]
  • Nina Chamlou
  • July 23, 2018
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