IAG Cargo managed to record an increase in airfreight traffic in the first quarter despite an overall market decline, although revenues for the period were down. IAG’s cargo division saw cargo traffic increase by 2.6% year on year to…
Tropic Air announced today that construction has commenced for its new Caye Caulker terminal. To be built over ten months and at a cost of BZ$1 Million, the new 1,600 square foot air-conditioned terminal will feature state of the…
The Government of Antigua and Barbuda has confirmed that it has officially submitted a document to authorities in Barbados indicating its interest in purchasing the shares that country owns in the cash-strapped regional airline LIAT. Prime Minister Gaston Browne…
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), increased 0.1% in March 2019, compared to the same period in 2018. While this is a significant…
Each state has a different relationship with the airlines that service its airports. In some states, one or two airlines dominate the market, while in others it’s more diversified. In Texas, unsurprisingly, the two home-state carriers, American Airlines Group…
U.S. airlines made a net profit of $11.8 billion during 2018, Bureau of Transportation Statistics data shows. It is the sixth straight year of profit for the industry, but profits are down 23% from 2017, when U.S. airlines cumulatively…
The International Air Transport Association (IATA) announced global passenger traffic results for March 2019 showing that demand (measured in revenue passenger kilometers, or RPKs) rose 3.1%, compared to the same month a year ago, which was the slowest pace…
Lufthansa has made a nonbinding offer for Thomas Cook’s German airline, Condor, with an option to extend it to the UK group’s other airlines, the German carrier’s chief executive confirmed today. Tour operator Thomas Cook put its airline business…
In today’s meeting, the Supervisory Board of Deutsche Lufthansa AG decided ahead of schedule to extend the contract with Thorsten Dirks by three years until 30 April 2023. Dirks, 55, will therefore be continuing the turnaround as CEO of…
At the Cargo Network Services (CNS) Partnership Conference 2019 yesterday, PayCargo LLC, operator of a web-based payment platform for freight and logistics, announced the appointment of Lionel van der Walt as its President and CEO, the Americas. Prior to…
