Agility stable with broadened portfolio
Agility, which is still receiving earnings from discontinued operations with the recently-sold GIL department, moved sidewards with its profits in Q1/2022. While revenues grew by 22.3% to KD 132.1 million (USD 430.2 million) compared to the same period last year, whereas... more
Strong recovery for Emirates Skycargo
As the 2021-22 results show, Emirates Skycargo contributed to 40% of the airline’s total transport revenue in the second year of the pandemic. By 30 June 2021, the carrier had restored services to over 90% of its pre-pandemic network. In June 2021, it invested to scale up its... more
Challenge Group joins Air Charter Association
Open to both passenger and cargo transport, the Air Charter Association, established in 1949 and based in London, has seen its number of cargo providers increase due to several factors, starting with the pandemic and the geopolitical situation. As its latest member,... more
Less losses, new problems
In its latest overall assessment, the Safety & Shipping Review 2022, published by insurer Allianz Global Corporate & Specialty SE (AGCS) reports that total losses have declined significantly - around 50 to 75 per year in the last four years, compared to more than 200 per... more
Almost 70 t of salmon in the belly
Qatar Airways Cargo recently performed the record breaking uplift of more than 68,944 kg on a single lower deck B777 passenger flight, flying from Oslo to Doha. The Middle Eastern carrier transported over 46,000 t of Norwegian seafood in 2021, the highest result yet. Rob... more
UPS picks Ufku Akaltan
Ufku Akaltan will lead UPS operations in more than 70 countries in the Indian Subcontinent, Middle East, Africa and Central Asia. As UPS president for these markets, he succeeds Jean-Francois Condamine, who recently retired. Akaltan joined UPS in 2001 as an intern while... more
War in Ukraine and Omicron weighing on air cargo
The International Air Transport Association (Iata) has released March 2022 data for global air cargo markets showing a drop in demand. The effects of Omicron in Asia, the Russia – Ukraine war and a challenging operating backdrop contributed to the decline. Global demand,... more
Icao: major trends in January 2022
World freight traffic reported a growth of 2.7% in January 2022 (compared to 2019), 6.2 percentage points down from the increase in the previous month. The softening was broad-based across all regions, particularly in Asia/Pacific, North America, and Latin America/Caribbean.... more
DHL can't help the trend
Deutsche Post DHL Group remained on the growth path in Q1/2022. Revenues went up by 19.8% to EUR 22.6 billion, while operating profit (ebit) amounted to EUR 2.2 billion (Q1/2021: EUR 1.9 billion). At 9.6%, the ebit margin was at a comparable level with the previous year... more
Qatar Airways Cargo stands with the children
After Chapter 1, "One Million Kilos", and Chapter 2, "Rewild the Planet", Qatar Airways Cargo has announced Chapter 3 of its "We Qare" programme. "Let's Stand Together" wants to convey the idea that together we can achieve great things. It... more