Forwarders and airlines need to set up far more flexible capacity agreements to cope with the increasingly difficult task of forecasting demand, according to Kuehne + Nagel (KN).
British Airways (BA) hopes to sign its merger agreement with Spanish airline Iberia by the end of this month, Reuters reported.
Airbus is talking to Indian carriers for new orders to be placed in 2011 and expects India to account for close to 10 percent of its global revenues from the commercial aircraft business in the next four to five years as the country's aviation industry recovers, Dow Jones reported.
Air China's financial performance this year will be better than last year, according to its chairman, Reuters reported.
Freighter operators remain cautious about introducing additional capacity, for fear of being exposed to overcapacity in the future.
American Airlines Cargo has moved into a new cargo terminal at New York's JFK International Airport.
The International Air Transport Association (IATA) said international cargo demand showed a 28.3 percent improvement in January with only a 3.7 percent increase in capacity.This pushed the cargo load factor to 49.6 percent, which is a significant change from the 40.1 percent recorded in January 2009.
Athens International Airport will freeze all charges this year to help airlines cope with the economic downturn and weaker passenger traffic, reported Reuters.
German flagship airline Lufthansa ended up with a net loss in the year ended December 31 and said it doesn't intend to pay shareholders a dividend for 2009.
Container traffic at France's two major ports, Marseille and Le Havre, came to a standstill on Friday as a result of a 24-hour strike called by the CGT labour union in protest to what they claim to be an undermining of the right to strike.
Neptune Orient Lines (NOL) saw a significant increase in shipping volumes in the first six weeks of 2010, as container volumes increased 63% on the same period last year.
Nippon Yusen KK (NYK), parent of Nippon Cargo Airline (NCA) and Japan Airlines Corp, have decided to abandon plans to merge aircargo operations.
Lufthansa Cargo and Austrian Airlines have agreed to step up cooperation between their two companies in the airfreight sector, reported ENP Newswire.
Singapore's Changi Airport Group has acquired a five percent stake in Italy's Gemina, the holding company of Aeroporti di Roma, for US$70.98 million, the group's largest investment to date, reported Dow Jones Newswires.
The union for Lufthansa pilots, Vereinigung Cockpit, has voiced concerns that its members'British Airways counterparts are training as cabin crew to help break a strike by the carrier's cabin crew.
Etihad Crystal Cargo has appointed ANA Aviation as its general sales agent for the UK, effective from Monday.
The Japan Airlines (JAL) group is to establish a Compliance Investigations Committee to examine past business practices within the organisation.
Thai Cargo will use two new freighters to target trade lanes linking Europe and Asia, using Bangkok as a hub.
Emirates Airline has launched an internal investigation and is co-operating with Thai authorities after an illegal two-tonne shipment of ivory it had carried was seized at Bangkok's Suvarnabhumi Airport yesterday.
An attempt by the UK's Competition Commission to force British airports operator BAA to sell more of its airports suffered a setback when a tribunal stood by an earlier decision to overturn a ruling made by the commission last year ordering the sale of more airports, reported Reuters.