Air cargo news, reports
Air Cargo in Decline as Chinese Air Takes a Hit
The big three of Chinese Airlines have begun to ground aircraft and cut flights as their domestic market continues to slump...
Air Cargo Traffic to Grow — Long Term
Despite current economic conditions, in its updated industry forecast, Boeing Co. sees the world’s air cargo growth expanding at a 5.8% rate annually to 2027, with the Asian market to lead all global traffic routes...
Northwest and Delta Join At Last
At the conclusion of a six-month US Department of Justice (DoJ) investigation, approval of the merger of the two airlines was allowed...
Group Calls Airport Slot Auctions Illegal
The International Air Transport Association (IATA) condemned the final rule issued by the Bush Administration, which allows the government to confiscate and auction airport take-off and landing slots at New York’s airports as an ineffective and illegal way to alleviate flight delays...
King Tut Wings His Way Back to the US
Tutankhamun and the Golden Age of the Pharaohs arrived from Egypt with the assistance of the American Airlines (AA) Cargo Division...
Evergreen Air Chosen for US-China Cargo Route
The US-China aviation agreement of May 2007 permits the US to name a new all-cargo carrier to begin service in the market on March 25, 2009...
DHL Executive Testifies on UPS Deal
A slowdown in the air express delivery industry requires innovative business models, suggests John Mullen, CEO of DHL Express Global...
Labor Woes Hit Boeing and Alitalia
Machinists are on strike against the plane manufacturer. The Italian airline’s labor groups reject the rescue plan...
Seeking Stakes in an Insolvent Alitalia
Losing a reported €2 million a day, after burning through a €300 million loan from the Italian government, the troubled airline sought bankruptcy protection...
DOT Won’t Stop the DHL-UPS Deal
Saying the move by DHL to use UPS for transporting its shipments by air does not represent unfair competition, US Secretary of Transportation Mary E. Peters told Ohio Governor Ted Strickland the Department of Transportation (DOT) would not block the action...
Another Air Cargo Carrier Goes Out of Business
Dulles, VA-based Gemini Air Cargo has ceased all operations...
Fuel Surcharges Irrational
Fuel surcharges have become so irrational they are sapping the strength and vitality of air freight, says Julian Keeling, president and CEO of Consolidators International...
American Air Links Up With British Air and Iberia
The three carriers have signed a joint business agreement for their US, Mexican, Canadian, European Union, Swiss and Norwegian flights and are planning to expand global cooperation as well...
Politicians Climb Onto the DHL-UPS Deal
Republicans and Democrats are calling for a close look at the agreement that would have DHL paying UPS approximately $1 billion a year for the next 10 years to move its packages by air...
New FedEx Plane Boosts Capacity, Adds Regional Reach
FedEx Express has begun adding larger Boeing 757 freighters to its fleet. The first to arrive has been put to use on a new eight times a week cargo service operating between Memphis International Airport and Ronald Reagan Washington National Airport...
