Air cargo executives are notably less optimistic about their economic prospects for the year ahead, compared to the same time last year, according to IATA's July 2016 Business Confidence Index.
Airbus has drastically drawn down the number of dedicated freighters it anticipates being in service 20 years hence, according to its recently released "Global Market Forecast, 2016-2035." The disparity is remarkable, both in terms of number of aircraft and the shift in the market that it signals over the next two decades.
Radio frequency identification (RFID) is hardly a cutting-edge technology. The system of scanning and identifying objects through the use of radio waves has roots that reach back to World War II. Since then, it's been used in countless tracking systems to monitor the movement of trucks and goods.
Lufthansa Cargo and All Nippon Airways (ANA) are extending their joint venture to combine Lufthansa's entire European feeder network with direct flights of both carriers.
American Airlines Cargo has launched daily nonstop flights between its gateway hub at Los Angeles International Airport (LAX) and Auckland, New Zealand.
In an attempt to attract more foreign funds to boost the nation's businesses, India's government this week relaxed the rules regulating the amount of foreign direct investment allowed across a wide spectrum of Indian business sectors, including the aviation industry.
In another sign that Iran may soon play a larger role in world airfreight as it re-emerges from U.N. sanctions, the WACO network of independent freight management companies has added Iran-based Amadrah International Freight Forwarding to its roster.