Air cargo news, reports
Volga-Dnepr and Virgin Show Growth
Volga-Dnepr enjoyed a huge boost in sales last year as Virgin begins regular Australia to the US service...
Three Airlines Are Paying Price Fixing Fines
With continuing worldwide governmental investigations of airline pricing, three carriers have reached plea agreements with the US Department of Justice to pay fines for price fixing...
The Melodrama Ends as Air France-KLM Joins Relaunched Alitalia
The strategic partnership comes at a cost of $427 million by Air France-KLM (AF-KLM), for which it receives a minority stake in Compagnia Aeria Italia, the new Alitalia (AZ)...
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...
