The Fraport global airport company registered passenger growth of 7.2 percent to a total of 74.1 million travelers across its actively-managed aviation gateways during the first half of 2024 (ending June 30). Supported by the growing demand for air travel, Group revenue increased by 13.0 percent year-on-year to €2,038.8 million. Fraport’s operating result or EBITDA (earnings before interest, taxes, depreciation, and amortization) reached €567.1 million, up 17.8 percent year-on-year. The Group … [Read more...] about Fraport achieves double-digit growth in H1 2024, driven by passenger surge
international express delivery
LATAM Cargo expands capacity and solidifies lead as top Europe-South America air freight operator
LATAM Cargo Group announced the strengthening of its network between Europe and South America with increased frequencies on its B767-300F cargo aircraft. Starting October 1st, the company will add two weekly flights, enhancing connectivity between both markets and increasing the total frequencies from 10 to 12, thus leading to the capacity offered between the continents. This expansion totals a weekly offer of over 600 tons on cargo planes between Europe and South America. It will complement … [Read more...] about LATAM Cargo expands capacity and solidifies lead as top Europe-South America air freight operator
Anabela Barros named Managing Director of Menzies Aviation Macau
Menzies Aviation, the leading service partner to the world’s airports and airlines, has announced the appointment of Anabela Barros as Managing Director of Menzies Aviation Macau. The announcement comes as the organisation celebrates 30 years of operations, providing high-quality aviation services at Macau International Airport (MFM). Anabela joined Menzies Aviation in 2002, and most recently held the position of Head of Commercial and Cargo Services, where she was responsible for Menzies … [Read more...] about Anabela Barros named Managing Director of Menzies Aviation Macau
IAG Cargo delivers H1 2024 revenues of €566 million
IAG Cargo, the cargo division of International Airlines Group (IAG) reports its financial results for H1 2024. The business reported commercial revenues of €566 million for the period from January 1 to June 30, 2024. IAG Cargo’s H1 2024 tonnage was up 7.8 per cent, versus H1 2023; revenues represent a decrease of 6.1 per cent. Yields for H1 2024 were below those of H1 2023. "We achieved solid results with year-on-year volume growth in a global market characterised by less supply chain … [Read more...] about IAG Cargo delivers H1 2024 revenues of €566 million
American Airlines Cargo and cargo.one deliver instant digital booking for U.S. domestic capacity
American Airlines Cargo and cargo.one expands their global partnership to bring the carrier’s entire domestic cargo capacity to the leading platform for digital air cargo bookings. As part of cargo.one’s growth in regional and domestic air freight, US forwarders now gain improved digital access to American’s domestic network that spans more than 115 US destinations. In combination, cargo.one and American Airlines Cargo can offer customers a truly seamless and efficient digital … [Read more...] about American Airlines Cargo and cargo.one deliver instant digital booking for U.S. domestic capacity
Airport Authority Hong Kong signs MoUs to enhance connectivity and cooperation with Southeast Asia partners
Airport Authority Hong Kong (AAHK) signed four Memorandum of Understanding (MoUs) with its counterparts and flagship carriers in Vietnam and Cambodia this week, to further enhance air connectivity with Southeast Asia, as well as contribute to the promotion of the Belt and Road Initiative. Witnessed by John Lee, Chief Executive of the Hong Kong Special Administrative Region, and Tran Luu Quang, Deputy Prime Minister of Vietnam, Fred Lam, Chairman of AAHK, signed three MoUs with top management … [Read more...] about Airport Authority Hong Kong signs MoUs to enhance connectivity and cooperation with Southeast Asia partners
