Air cargo rates are holding firm during what is traditionally a quieter period for the market, boosted by continuing strong demand and high spot rates from Asian and Middle Eastern origins, according to the latest weekly figures and analysis from WorldACD Market Data. Although total worldwide tonnages in the last full week (week 24, 10-16
Archer Aviation (Archer) and Signature Aviation, the largest network of private aviation terminals, have signed a memorandum of understanding (MOU). This agreement aims to electrify Signature’s extensive network of over 200 airport terminals, granting Archer access to take-off and landing sites in major metropolitan areas across the U.S. and globally, including New York, Los Angeles,
Lufthansa Cargo is expanding its operations at the southern German hub and will be operating freighters from Munich for the first time starting July 6, 2024. An A321 freighter will connect Munich with Istanbul Airport twice a week, complementing the existing belly network from Munich. The new freighter connection is scheduled every Saturday and Sunday
The U.S. Transportation Department has fined Emirates US$1.5 million for operating flights carrying JetBlue Airways’ designator code in prohibited airspace. Between December 2021 and August 2022, Emirates operated numerous flights with the JetBlue Airways code between the United Arab Emirates and the United States in airspace that the Federal Aviation Administration (FAA) has prohibited for
SITA has reported an improvement in the air transport industry’s rate of mishandled baggage. The newly launched SITA Baggage IT Insights 2024 reports the number of bags mishandled by the industry falling from 7.6 to 6.9 per 1,000 passengers in 2023. This is despite passenger numbers rising above 2019 levels for the first time in
Americas GSA, a subsidiary of ECS Group, has announced a strategic partnership with JetBlue Cargo. This collaboration marks a significant milestone, enhancing its services on domestic routes out of Florida. The contract commenced in February 2023 for Florida State and on June 1, 2024, for Puerto Rico. Under this new agreement, Americas GSA will leverage
Kahala Aviation Group, a prominent aircraft lessor in the aviation industry since the early 2000s, has announced its relaunch under the new brand name K2 Aviation. Building on a legacy of experience and providing unique solutions for lessors, airlines, and capital partners, K2 Aviation is set to re-enter the market with a strategic focus on
Qatar Airways Cargo and MASkargo – the cargo airline and subsidiary of Malaysia Aviation Group – have signed a memorandum of understanding (MoU) to deliver an enhanced product offering to cargo customers and achieve operational synergies. This MoU follows the expanded codeshare agreement signed in 2022 between Qatar Airways and Malaysia Airlines, designed to offer
PLAY Airlines, Iceland’s burgeoning low-cost carrier, is celebrating its third anniversary by enhancing its collaboration with Dohop through the introduction of PLAY Connect. This strategic move positions the carrier as a retail partner and broadens its network free from the confines of traditional interline and codeshare agreements. The airline is tapping into new market demand
Avincis, a well-established European helicopter operator, has signed a Memorandum of Understanding (MoU) with Airbus to collaborate on the development of advanced air mobility (AAM). This partnership will explore opportunities for operating electric vertical take-off and landing (eVTOL) aircraft throughout Europe. Through the agreement, Avincis and Airbus will focus on defining the concept of operations
