BREAKING NEWS
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WorldACD: Air cargo tonnages stabilize but rates continue to soften
August 5, 2022 - Global air cargo flown tonnages have stabilized in the last two weeks of July after dropping significantly in the first...
Korean Air expects to add air cargo capacity through belly space as more passenger flights resume
August 4, 2022 - Korean Air expects to add more air cargo capacity in the second half as the airline reinstates more passenger flights....
Schedule reliability improves to 40% in June
August 4, 2022 - Global schedule reliability improved in June bucking the declining trend since the start of the year, according to a...
China-Europe freight train services see a sharp rise in July
August 4, 2022 - China-Europe freight train services reported robust growth in July as supply chain issues pushed more goods to rail....
Atlas Air to be acquired by Apollo-led group for US$5.2B
August 4, 2022 - Atlas Air Worldwide (Atlas), announced that it has entered into a definitive agreement to be acquired by an investor...
Agility completes £763M acquisition of Menzies Aviation
August 4, 2022 Agility announced that it has finalized its acquisition of UK-based John Menzies PLC and will combine the business with...
Shanghai launches first freight train to Central Asia
August 3, 2022 China has launched its first train to Central Asia with the new route between Shanghai and Almaty in Kazakhstan....
Etihad ramps up cargo operations with new A350F freighter
August 3, 2022 Etihad Airways has firmed up its order with Airbus for seven new generation A350F freighters which will upgrade...
Maersk raises full-year profit guidance by US$7B to US$37B
August 3, 2022 A.P. Møller - Mærsk A/S (APPM) has raised its profit guidance this year by US$7 billion to US$37...
Hefei-Budapest freight train opens as China-Europe rail expands
August 3, 2022 Another freight train from China bound for Europe has further expanded the rail connections between the two regions....
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