Shipping line group CMA CGM’s entry into the air cargo market will begin on March 8 with flights between Liege... Read More The post CMA CGM air cargo service to launch with Chicago flights appeared first on Air Cargo News. ...
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Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favourable conditions for carriers and shipowners to last at least into the second half. “Unseasonal strength in container volumes and port congestion have buoyed freight markets, while in the time-charter markets, demand for vessels has outstripped wider...
Boeing 777 freighters will remain in the skies despite the recommendation to ground some B777 aircraft following a United Airlines engine failure on Saturday over Denver. Yesterday, Boeing said it “recommended suspending operations of the 69 in-service and 59 in-storage 777s powered by Pratt & Whitney 4000-112 engines, until the FAA identifies...
Low-cost carrier Eastern Airlines has revealed plans to add two Boeing B777 freighters to its fleet. The airline currently operates... Read More The post Eastern Airlines plans for B777 freighter operations appeared first on Air Cargo News. ...
SEEKING ALPHA reports: – Electric vehicle automaker Tesla (NASDAQ:TSLA) has made roughly $1B of digital profit on Bitcoin (BTC-USD) over the last month, estimates Wedbush Securities. – Dan Ives puts that windfall in perspective by noting that Tesla is on a trajectory to make more from its Bitcoin investments than profits from selling its EV cars...
In this Q&A, Guillaume Halleux, chief officer cargo, Qatar Airways Cargo, provides us with an update on the airline’s WeQare... Read More The post Qatar Cargo continues its charity efforts appeared first on Air Cargo News. ...
Ocean carriers are determined to keep container spot rates at their highly elevated levels for as long as possible, as they look to lock in annual contract customers with rate increases of 100% or more. And with no sign of a spot rate decline following the beginning of Chinese New Year last...
Atlas Air, as expected, had a rather good 2020: 2019’s losses of $293m turned into net profit of $360m – a turnaround of some $653m. Adjusted ebitda rose 67% to $844m for the full year and Atlas now has plenty of funding flexibility in a market flushed with liquidity. But perhaps the most...
IATA’s chief economist Brian Pearce planning to retire from the association in July this year, after having served at the... Read More The post Brian Pearce to retire from IATA appeared first on Air Cargo News. ...
Lorenzo Stoll has been appointed as the new head of Swiss WorldCargo. He will assume his new function on April... Read More The post Stoll takes top job at Swiss WorldCargo as Bhat heads to Lufthansa appeared first on Air Cargo News. ...
