Korean Air has reported a 3% year-on-year increase in revenue for the first quarter of 2025, reaching KRW 3.96 trillion (approximately USD 2.7 billion), bolstered by continued strength in both its cargo and passenger operations. The airline's cargo division posted revenues of KRW 1.05 trillion, a...

The International Air Transport Association (IATA) released data for May 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 14.7% compared to May 2023 levels (15.5% for international operations). Th...

The International Air Transport Association (IATA) released data for April 2024 global air cargo markets showing strong annual growth in demand into the second quarter (Q2). Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 11.1% compared to April 2023 levels (11.6% for internatio...

The International Air Transport Association (IATA) has unveiled data showcasing robust growth in global air cargo markets for February 2024. The figures reveal a continued upward trend in demand, with significant increases in cargo tonne-kilometres (CTKs) compared to the same period last year. ...

Lufthansa Cargo proved its resilience in the second quarter of this year, surpassing overall market performance despite reduced air cargo demand. Average yields remained impressively 40% above 2019 levels, showcasing the company's strength in navigating challenging times. The freight capacity ...

The International Air Transport Association (IATA) released data for global air freight markets showing that 2022 full-year demand for air cargo took a significant step back from 2021 levels but was close to 2019 performance. Global full-year demand in 2022, measured in cargo tonne-kilometers (...