Continuing to see year- on- year growth in passenger numbers and cargo volumes The Cathay Group released its traffic figures for June 2026 and an update on its first-half 2026 financial performance. Cathay Chief Customer and Commercial Officer Lavinia Lau said: “The Cathay Group continued our growth momentum in June, although jet fuel prices remained elevated. Cathay Pacific and HK Express carried a combined total of more than 3.1 million passengers, while Cathay Cargo carried around 145,000 … [Read more...] about Cathay Group expects first-half profit to nearly double as passenger and cargo demand remains strong
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transpacific air freight
Asia Pacific Airlines’ financial performance strengthened in 2025
Preliminary financial performance figures released by the Association of Asia Pacific Airlines (AAPA) showed that Asia Pacific airlines achieved US$12.1 billion in combined net profits in 2025, driven by firm passenger and cargo demand, while lower fuel prices helped offset cost pressures arising from ongoing supply chain disruptions. For the year, Asia Pacific airlines recorded US$223.7 billion in aggregated operating revenue, a 4.3% increase from US$214.5 billion in 2024. Passenger revenue … [Read more...] about Asia Pacific Airlines’ financial performance strengthened in 2025
TIACA appoints Mammen Tharakan as Next Director General
The International Air Cargo Association (TIACA) is pleased to announce the appointment of Mammen Tharakan as its next Director General. Tharakan will officially assume the role in August 2026, succeeding Glyn Hughes, who has successfully led the Association since 2021. Following a rigorous selection process led by the TIACA Executive Committee and Board of Directors, with leaders considered from across the global air cargo community, Mammen Tharakan was unanimously selected to lead the … [Read more...] about TIACA appoints Mammen Tharakan as Next Director General
New look Cargo iQ Board to focus on initiatives driving industry adoption of air cargo quality standards
Cargo iQ has restructured its Board to better reflect the end-to-end air cargo supply chain, with three new members elected and four members re-elected by the membership. The new structure gives airlines, freight forwarders, and ground handling companies more balanced representation in setting Cargo iQ’s priorities and supporting industry adoption of its quality standards. Jeanne-Mari Reardon, Vice President Air Product EMEA, CRANE Worldwide Logistics; Paul Glaser, Managing Director – … [Read more...] about New look Cargo iQ Board to focus on initiatives driving industry adoption of air cargo quality standards
Xeneta publishes 2026 air freight outlook update: Long-term rates set to rise 5-15% full-year due to impact of Middle East conflict
Xeneta, the ocean and air freight rate intelligence solution, has published the Air Freight Outlook 2026 Mid-Year Update, adjusting the full-year 2026 forecast issued in December 2025 to factor in the ongoing impact of conflict in the Middle East on rates, demand and supply. Shipper long-term rates were set to fall 5% to 10% in full-year 2026; however, those rates are now expected to rise 5% to 15%, driven primarily by the supply chain shock caused by the escalation of conflict in the Middle … [Read more...] about Xeneta publishes 2026 air freight outlook update: Long-term rates set to rise 5-15% full-year due to impact of Middle East conflict
CEVA Logistics extends strategic logistics relationship with Zalando across Europe
CEVA Logistics, a global leader in third-party logistics, and Zalando, the leading European technology platform for fashion and lifestyle, announced the extension of several long-standing logistics agreements across Europe. The multi-year contract extensions cover fulfilment centres, return centres and inbound distribution operations in key European markets, further strengthening their long-term partnership. The new agreements ensure continued collaboration through at least 2030, providing a … [Read more...] about CEVA Logistics extends strategic logistics relationship with Zalando across Europe
