Cargo/Freight News
Air Cargo Recovery Stalls In March - IATA
April 30, 2013
International air freight traffic fell by 2.1 percent in March from the same month a year ago on lower demand from Asian Pacific carriers, the International Air Transport Association (IATA) said on Tuesday.
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Norwegian Air Launches Cargo Company
April 22, 2013
Low-cost carrier Norwegian Air Shuttle is launching a stand-alone cargo company to exploit the growing capacity of its network as it expands the number of routes it has around the world, the firm said on Monday.
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IATA Appoints New Cargo Network Head
April 15, 2013
The International Air Transport Association has appointed Warren Jones as head of Cargo Network Services.
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Hong Kong Air Cargo Q1 Traffic Rose 1.6 Pct
April 10, 2013
Hong Kong Air Cargo Terminals (Hactl) said on Wednesday its cargo traffic rose 1.6 percent in the first quarter from the same period a year ago and forecasts a slow economic recovery.
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Air Cargo Recovery Hinges On Euro Zone Risk - IATA
April 2, 2013
The global air cargo market is set to extend its slow recovery unless a fresh blow to confidence from the euro zone reverses the trend, IATA said on Tuesday.
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Lufthansa Cargo Keen On Turkish Air Tie-up
March 21, 2013
Lufthansa's cargo unit is keen for a tie-up with Turkish Airlines, its chief executive said on Thursday, a move that would expand the German airline's presence in growth markets such as Turkey and the Middle East.
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Cathay Sees No Lasting Cargo Recovery
March 13, 2013
Cathay Pacific Airways, the world's largest international air cargo carrier, said it does not yet see a lasting recovery in the freight market, after reporting an 83 percent year-on-year drop in profit for 2012.
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Cathay Pacific To Buy Three 747-8Fs
March 1, 2013
Cathay Pacific Airways will buy three Boeing 747-8 freighters, the company said in an announcement filed with the Hong Kong stock exchange on Friday.
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Global Air Travel Growth To Slow In 2013 - IATA
January 31, 2013
Global air travel demand growth will slow again this year, but freight markets will recover from a decline in 2012, the International Air Transport Association (IATA) said on Thursday.
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Qatar Airways Confirms Cargolux Stake Sale
January 13, 2013
Qatar Airways has sold its entire 35 percent stake in freight airline Cargolux, the chief executive of Qatar Airways confirmed on Sunday.
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