The International Air Cargo Association (TIACA) is set to launch its first professional development workshop this summer in the Netherlands.

Lufthansa Technik and the Commonwealth of Puerto Rico have announced an agreement to create an aviation maintenance, repair and overhaul (MRO) facility to service short-haul and medium-haul aircraft.

Hamburg Airport has begun construction on its new Hamburg Airport Cargo Center (HACC). Modern facilities on Weg beim Jaeger will replace the existing air cargo center. The new facility will be 60,000 square meters (645,834 square feet) and will open in summer 2015.

The airfreight operations of Emirates Airlines is on track for its move to Dubai World Central (DWC) with the first phase of the building being finished.

For 2013, airlines are expected to return a global net profit of $12.9bn. This is expected to lead to a net profit of $19.7bn in 2014. Both are improvements on previous months. The upward revision reflects lower jet fuel prices over the forecast period as well as improvements to the industry's structure and efficiency. Passenger markets continue to outperform the cargo business, which remains stagnant both on volumes and revenues.

The air cargo industry's slow migration toward electronic documentation has led the International Air Transport Association to revise its internal deadlines for a second time.