Group revenue in the first quarter of 2024 almost stable at EUR 20.3 billion (Q1 2023: EUR 20.9 billion) Operating profit (EBIT) of EUR 1.3 billion as expected below previous year’s level (Q1 2023: EUR 1.6 billion), but above pre-pandemic level (Q1 2019: EUR 1.2 billion) Free cash flow of EUR 608 million (Q1 2023: EUR 983 million; Q1 2019: EUR -256 million) Forecast for operating profit of between EUR 6.0 billion and EUR 6.6 billion confirmed Tobias Meyer, CEO DHL Group: “Despite … [Read more...] about DHL Group gets off to a solid start in 2024
international air shipments
American Airlines Cargo announces summer widebody schedule
The carrier boasts new routes and increased service out of Europe and Asia FORT WORTH, Texas — American Airlines Cargo is announcing its summer widebody schedule with new routes and increases for the 2024 season. Out of Europe, the carrier is operating new flights from Barcelona-El Prat Airport (BCN) to Dallas/Fort Worth International Airport (DFW), from Copenhagen Airport (CPH) and Nice Côte d'Azur Airport (NCE) to Philadelphia International Airport (PHL), and from Venice Marco Polo … [Read more...] about American Airlines Cargo announces summer widebody schedule
UPS Chief Financial Officer Brian Newman to depart
UPS (NYSE: UPS) announced today that Brian Newman, executive vice president and chief financial officer, will leave the company on June 1. UPS will evaluate internal and external CFO candidates to identify Newman’s successor. “On behalf of the company and the entire Board of Directors, I thank Brian for his significant contributions to UPS,” said Carol Tomé, UPS chief executive officer. “Brian has been a great partner, having guided the company through unprecedented economic conditions. He is … [Read more...] about UPS Chief Financial Officer Brian Newman to depart
India’s IndiGo orders 30 Airbus A350 widebody aircraft
A350, the aircraft of choice for IndiGo’s long-haul ambitions A320 Family has powered IndiGo’s expansion in domestic, regional markets IndiGo, India’s largest airline, has placed a firm order for 30 Airbus A350-900 aircraft. The order will help expand IndiGo’s international network to long-haul destinations. India, the world’s fastest-growing major aviation market, is on the verge of an international travel boom as the economy grows and household incomes rise. The A350 is perfectly … [Read more...] about India’s IndiGo orders 30 Airbus A350 widebody aircraft
Singapore Airlines Group orders sustainable aviation fuel from Neste
Courtesy of Singapore Airlines SIA and Scoot were the first airlines operating out of Changi Airport to receive SAF produced in Neste’s refinery in Singapore Neste to deliver blended SAF directly to Changi Airport’s fuel hydrant system, reinforcing their end-to-end SAF supply chain capabilities in Singapore Neste and the Singapore Airlines (SIA) Group have signed an agreement for the purchase of 1,000 tons of neat Neste MY Sustainable Aviation Fuel™. This will make SIA and Scoot, … [Read more...] about Singapore Airlines Group orders sustainable aviation fuel from Neste
dnata enhances Singapore operations with new Managing Director
dnata, a leading global air and travel services provider, announced the appointment of Neo Su Yin as the company’s Managing Director in Singapore. In her role, Su Yin will oversee dnata’s ground handling and cargo operations at Changi Airport (SIN). She will manage a team of more than 1,500 employees, ensuring consistent high-quality and safe services for over 50 airline customers. A Singapore national, Su Yin brings with her extensive experience in senior executive roles across the … [Read more...] about dnata enhances Singapore operations with new Managing Director
