Newsletter - 06th May 2022

Daily News Updates / 06th May 2022

Airlines
airBaltic Reopens Cargo Operations from Kyiv Riga. Latvian airline airBaltic has announced that in cooperation with UkrPoshta it has organized a multimodal mail transportation system and thus reopened cargo operations from K... READ MORE

Associations
War in Ukraine and Omicron Weighs on Air Cargo: IATA The International Air Transport Association (IATA) released March 2022 data for global air cargo markets showing a drop in demand. The effects of Omicron in Asia, the Russia – U... READ MORE

Airlines
Cargojet revenues jump in Q1 as it expands B777 conversion order Canadian freighter operator Cargojet registered a jump in revenues in the first quarter and has expanded the number of B777 conversions it has on order (see below). The company... READ MORE

Associations
IATA and ACA Collaborate on Standard Inflight Catering Agreement The International Air Transport Association (IATA), in collaboration with the Airline Catering Association (ACA), has released an updated Standard Inflight Catering Agreement (SI... READ MORE

Airlines
Air Canada Cargo Operates First Freighter Flight to Madrid Air Canada and Air Canada Cargo also offer the capacity to Madrid and Barcelona on passenger service with five weekly flights from Toronto Air Canada has announced that it... READ MORE

Airlines
Atlas Air Worldwide Reports Strong First-Quarter 2022 Results and Full-Year Outlook 1Q Reported Net Income of $81.5 Million1Q Adjusted Net Income of $88.8 Million1Q Adjusted EBITDA of $202.8 Million$100.0 Million of Share Repurchases Atlas Air Worldwide Hold... READ MORE

Airlines
An increase in yield drove the increase in cargo revenues for Air France- KLM in Q1 cargo revenues First-quarter: EBITDA positive at 221 million eurosNet income at -552 million euros, showing a 930 million euros improvement compared to the same quarter last year, supported b... READ MORE

Airports
Bournemouth Airport unveils new cargo handling service BOURNEMOUTH Airport has claimed to be the “fastest developing cargo airport in the UK” following the launch of its dedicated cargo handling service. Through the Cargo Firs... READ MORE