Spot rate at its lowest in more than three years 
According to the latest weekly market analysis from Clive Data Services, part of Xeneta, the global air cargo spot rate flattened to USD 2.19 per kg in August, its lowest level since the onset of the pandemic. Of ten major trade lanes, only China-USA and Southeast Asia-USA... more
US air forwarders now halfway to Europe
The Washington-based air forwarders' association AFA has welcomed Icelandair Cargo to its 200-strong member base, as it focuses on extending its membership to include Europe-based companies with a US office. Icelandair Cargo joins the AFA as the carrier embarks on the... more
FedEx to open new facility in Istanbul
FedEx Express Europe, a subsidiary of FedEx Corp., has signed an agreement to build a new global air transit facility at IGA Istanbul Airport (IST) by November 2024, reflecting the rapid rise of IST as a strategic cargo hub connecting businesses across six continents. Its... more
Airbus/Latam to fund MIT study on decarbonisation
Airbus and Latam Airlines Group have funded a study at the Massachusetts Institute of Technology (MIT) Joint Programme on the science and policy of global change. The study, entitled "Options for Decarbonising Aviation in Latin America in a sustainable way: an... more
Bengaluru sets new benchmark for mango exports
In 2023, Kempegowda International Airport Bengaluru (KIAB/BLR Airport) processed an export of 6,84,648 kg of mangoes, more than doubling (+124%) the 3,05,521 kg exported in the previous year. Furthermore, this season's exports saw an 86% increase in the number of pieces,... more
B787 cargo door still made in Sweden
Boeing has renewed its partnership with Saab for the manufacturing of large cargo doors, bulk cargo doors and access doors for the Boeing 787 Dreamliner. The framework agreement is an extension of an existing contract signed in 2004, which has seen the Swedish aerospace company... more
ANA expands SAF services for air cargo
Japan’s All Nippon Airways (ANA) is launching a new service in its SAF flight initiative, a programme dedicated to reducing CO2 emission levels through the use of sustainable aviation fuel. ANA is planning to extend this offering to companies that use air cargo to transport... more
Etihad Cargo boosts belly capacity
Etihad Cargo, the cargo and logistics arm of Etihad Airways, will offer additional belly hold cargo capacity via 90 new passenger flights as part of the airline's winter schedule starting September 2023 and operate 29 weekly flights to new destinations. The airline will... more
Proflight's first freighter
Proflight Zambia's first freighter jet, a Bombardier CRJ100, arrived at Lusaka airport last week. Ferried from Canada, it will be added to the carrier’s fleet of three passenger CRJ100/200 (with another CRJ200 to be delivered before mid-September), three Jetstream 4100 and one... more
DHL Express opens Incheon Gateway
DHL Express has commenced the full-fledged operation of Incheon Gateway after it invested EUR 131 million to expand it in 2019. The investment is DHL Express's largest in South Korea to date, making Incheon Gateway the largest gateway in the Asia Pacific. The new gateway is... more