Lufthansa grows Asia, North America capacity with new 777F, A321F
Lufthansa Cargo is significantly expanding its 2022-2023 winter flight schedule to Asia and North America with added frequencies and new...
Carriers
Asian forwarders see profits dip in Q2
Japan-based logistics company Nippon Express Holdings saw a drop in operating profit in the second quarter, driven in part by...
Lufthansa, labor union reach pay agreement for ground workers
The United Services Union (ver.di) and Lufthansa settled on a bargaining agreement Aug. 4 for roughly 20,000 ground service workers...
Lufthansa Cargo’s Q2 revenue jumps 45% YoY
Lufthansa Cargo proved to be among the carrier’s most profitable divisions in Q2, posting an operating profit of 482 million...
Apollo investor group buys Atlas Air Worldwide for $2.9B
Following unanimous approval from its Board, Atlas Air Worldwide (AAWW) sold today at an enterprise value of $5.2 billion to...
Apollo-led group to buy Atlas Air for $2.9B
An investor group led by Apollo Global Management Inc. is acquiring Atlas Air Worldwide Holdings Inc. for about $2.9 billion,...
Atlas Air shares climb following rumored Apollo deal
Shares in Atlas Air are rising dramatically following rumors of Apollo Global Management’s potential purchase of Atlas Air Worldwide Holdings...
Apollo nears $3.2B takeover of Atlas Air Worldwide
An investor group led by Apollo Global Management Inc. has agreed to acquire airfreight company Atlas Air Worldwide Holdings Inc....
Air Canada Cargo’s Q2 revenues drop 16%
Air Canada Cargo’s second-quarter revenues were down 16.5% year over year to CA $299 million (US $233 million), primarily driven...
Shell to provide Lufthansa 1.8M tonnes of SAF
Lufthansa Group will receive up to 1.8 tonnes of Sustainable Aviation Fuel (SAF) from Shell over a seven-year period, the...
JAL Cargo advances digital footprint with cargo.one
Japan-based JAL Cargo is the latest carrier to join Germany-based digital booking platform cargo.one. JAL’s cargo capacity will be rolled...
Lufthansa strikes cancel more than 1K flights
Roughly 1,023 Lufthansa-operated passenger flights to and from Frankfurt Airport (FRA) and Munich Airport (MUC) have been canceled in anticipation...
US carriers see cargo revenue gains in Q2
U.S. carriers are seeing a return to summer passenger air travel and subsequently a return to operating income. In their...
Asian markets drive aircraft demand
Market growth in East Asia, paired with surging e-commerce demand, will be one of the key drivers of new aircraft...
