Air
The global airline industry in 2025 will show a slight strengthening of profitability amid ongoing cost and supply chain challenges, according to the outlook from he International Air Transport Association, or IATA.The overall financial performance is expected to improve in 2025 on the back of lower jet fuel prices and efficiency gains, IATA said. However, further increases are being held back by forced capacity discipline resulting from unresolved supply chain ...
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The International Air Transport Association, or IATA, said global air cargo markets showing continued annual growth in demand in October.Total demand, measured in cargo tonne-kilometers, or CTKs*, rose 9.8 percent compared to October 2023 levels (10.3 percent for international operations) for a 15th consecutive month ...
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FedEx Corp. recently transported six giant pandas between Atlanta and Chengdu, China, aboard a FedEx Boeing 777-F, dubbed the “FedEx Panda Express.”Four giant pandas departed Hartsield-Jackson Atlanta International Airport, on Oct. 12, and arrived at the Chengdu Research Base of Giant Panda Breeding on Oct. ...
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Swiss WorldCargo, the cargo unit of Swiss International Air Lines (SWISS), has launched a new route between Zurich and Toronto, Canada, as part of expanding its long-haul network served by SWISS and Swiss WorldCargo.The addition of Toronto to its international network will support SWISS airfreight ...
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Swiss logistics and freight forwarding provider Kuehne+Nagel’s first quarter earnings declined from the same period in 2023, though the company’s sea and air logistics showed slight improvement.First quarter net turnover was down 18 percent to US$6.06 billion, with an EBIT of US$414 million and earnings ...
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The U.S. Department of Transportation’s Federal Aviation Administration has awarded another round of funding for 90 airport-related infrastructure grants, totaling US$186.7 million across 34 states.The projects are funded under President Biden’s Bipartisan Infrastructure Law Airport Infrastructure Grants (AIG) program, part of the US$25 billion total ...
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Global logistics provider GEODIS recently completed a complex air cargo transport to Colombia, and has contracted to provide inbound logistics for Canada’s National Shipbuilding Program.GEODIS’s Colombian just-in-time logistics operation featured oversized thermocompressors via Antonov AN-124, the world’s largest cargo aircraft. The move required transporting 249 ...
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ANTONOV Airlines, an expert in super-heavy and oversized air transportation, completed the transport of the "flying" AC75 racing yachts for the American Magic team and supporting cargo from Providence, Rhode Island, to Barcelona, Spain, where the American Magic team is preparing to participate in the ...
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The International Air Transport Association, together with several industry organizations, have released the first publication to compare 14 leading net zero CO2 transition roadmaps for aviation.In creating the Aviation Net Zero CO2 Transition Pathways Comparative Review, IATA collaborated with the Air Transportation Systems Laboratory at ...
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Global air cargo continued its positive start to 2024 with a second consecutive month of double-digit growth in February, according to Xeneta’s weekly marketing analysis.Air freight’s January’s 11 percent volume growth saw similar improvement in February for airlines and freight forwarders, with demand increasing more ...
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