Today two longtime Leaders at Southwest Airlines Co. announced plans to retire from their executive officer positions. Executive Vice President & Chief Financial Officer Tammy Romo and Chief Administration Officer Linda Rutherford will retire from their positions effective April 1, 2025. B...

Cathay Pacific today released its traffic figures for May 2024. The airline carried 121,088 tonnes of cargo in May 2024, an increase of 10.2% compared with May 2023. The month’s cargo revenue tonne kilometres (RFTKs) increased 3.8% year on year. The cargo load factor decreased by 2.1 percentage...

Malaysia-based Raya Airways will lease four Airbus narrowbody Passenger-to-Freighter (P2F) aircraft from ST Engineering as it looks to respond to growing demand. The tie-up will see the company lease two A320P2Fs and two A321P2Fs following the conversion of the aircraft by Elbe Flugzeugwerke (EFW...

Kuehne+Nagel majority owner Klaus-Michael Kuehne has increased his stake in German airline Lufthansa to 15% to become the airline’s largest shareholder. In a shareholder notification on its website, Lufthansa said that Kühne’s share in the business had increased from 10% to 15.01% on July 5....

The Cargolux Group, (Cargolux), achieved its best year on record in 2021: 1) Revenues of US$ 4.4 billion, an increase of 40% over 2020. 2) Earnings Before Interest and Tax (EBIT) of US$ 1.72 billion, an increase of 73 % over 2020. 3) A Profit Before Tax of US$ 1.7 billion, an increase of 94% ov...

Cargo revenues for airlines are predicted to hit a historic high of $152 billion in 2021, despite the significant reduction in global belly capacity. New IATA research shows that as passenger aircraft remain mostly grounded, so cargo capacity has become constricted resulting in yields growing by...

DRONAMICS the world’s leading developer and operator of large cargo drones, announces the launch of DRONAMICS Airlines with companies in Ireland, Australia and Canada that will manage the airfreight operations for same-day delivery services with its proprietary unmanned cargo drone – The Black ...