US cargo carriers request FAA exemptions for Middle East ops

Several U.S.-based air cargo and express carriers, including Kalitta Air, FedEx and Atlas Air Worldwide Holdings’ subsidiary carriers, requested exemption from the U.S. Federal Aviation Administration (FAA) to continue operating in the Middle East despite the recent Notice to Airmen (NOTAM) banning U.S. carriers from flying in certain regions. Airlines that submitted requests to the […]

Consultant Insight: Middle East outlook for 2020 is promising

A flurry of activity from forwarders and logistics providers has focused on the Middle East region of late.  Kerry Logistics opened a new office in Bahrain as well as a new bonded logistics facility in Dubai. Meanwhile, DB Schenker and DHL Express, both of which took advantage of free trade areas around airports, opened a […]

Agile forwarding: How top forwarders innovate in the Middle East

Even in 2017, when air cargo operators saw double-digit gains in year-over-year traffic, growth in the Middle East was comparatively slow. The region’s geographic location had long made it a hub for trade between the Americas, Europe, Africa and Asia, and likewise positioned major gulf carriers like Emirates, Qatar Airways and Turkish Airlines high in […]

Agility sees another strong quarter for revenue, but airfreight falls

Kuwait-based logistics provider Agility reported a 3.2% year-over-year increase in its revenue for the second quarter alongside an 8.1% increase in profit for the quarter, despite an airfreight market afflicted by “volume declines and shifts that have resulted from U.S.-China tariffs and import restrictions,” the company said in a statement on the results. Across the […]

May traffic declines reflect trade war damage, says IATA

The International Air Transport Association (IATA) released data today indicating that demand, measured in freight tonne kilometers (FTKs), decreased by 3.4% y-o-y in May. The analysis, which shows a slight improvement from the 5.6% dip in April, confirms previous Air Cargo World reports on May traffic.   Freight capacity growth, which rose 1.3% y-o-y in May, continued to exceed growth in demand for the 13th […]