New York, United States , Aug. 02, 2024 (GLOBE NEWSWIRE) -- The Global Air Cargo Market Size to Grow from USD 151.8 Billion in 2023 to USD 221.4 Billion by 2033, at a Compound Annual Growth Rate (CAGR ...
Menzies Aviation, the leading service partner to the world’s airports and airlines, has achieved Cargo iQ certification, following completion of the extensive ...
The data shows a broader post-peak correction in air cargo markets. Freightos noted that South East Asia–US rates fell 19% to ...
LONDON--(BUSINESS WIRE)--The global air cargo market is poised to grow by 16.75 million tons during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. Request free sample pages ...
Hire comes as EV Cargo continues to strengthen its global finance platform to enable ongoing growth and expansion HONG KONG, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Headquartered in Hong Kong, EV Cargo, a ...
IATA has highlighted “record levels” of freighter demand amid a fall in passenger flights that has reduced global air cargo capacity by around 30%. Glyn Hughes, the airline association’s global head ...
The air cargo business continues to maintain strength even as recovery from the COVID-19 pandemic remains uneven. As a result, some US airlines that have leaned on cargo during the COVID-19 crisis ...
Global demand for air cargo “softened” in November 2022, the most recent month of data, as carriers continued facing economic headwinds and the pandemic-related cargo boom lost steam. As measured in ...
Air cargo demand rose by 3.2% year-on-year in January 2025, maintaining 18 months of growth, according to IATA. Capacity also increased by 6.8%. However, yield and cargo load factors slightly declined ...
Western Global Airlines filed for Chapter 11 bankruptcy protection due to declining revenues, high debt, and lack of financial transparency. The restructuring plan includes $77 million in financing ...
China's civil aviation regulator said it will end previous passenger-to-cargo flights, with cabins now restricted to transporting anti-epidemic items. Market insiders predict that the new regulations ...
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