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GlobalX and DHL Sign ACMI Agreement for Cargo Operations Through Q3 2025

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Global Crossing Airlines (GlobalX), a US-based charter airline specializing in ACMI (Aircraft, Crew, Maintenance, and Insurance) and charter services, has signed a significant ACMI contract with DHL, a global leader in logistics and express delivery. This agreement entails GlobalX operating cargo flights within DHL’s extensive network, with the contract extending into the third quarter of 2025.​

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FedEx Express Expands Fleet with New Boeing 777F Delivery

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FedEx Express, a leader in global logistics and air cargo services, has expanded its fleet with the addition of a new Boeing 777F freighter. This aircraft, bearing serial number 66267 and registration N841FD, is powered by GE90-110B1L engines, known for their efficiency and reliability.

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Air Transport Services Group Reports $27.4 Million Net Income for 2024 on $2 Billion Revenue

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Air Transport Services Group (ATSG) has reported its 2024 financial results, posting total revenue of $2.0 billionand a net income of $27.4 million. The company also recorded $517 million in revenue for Q4 2024, with a quarterly net income of $14.7 million. The results highlight ATSG’s stable financial position in the air cargo and leasing industry.

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China Southern Airlines Halts Spin-Off Plans for Logistics Subsidiary Amid Market Uncertainty

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China Southern Airlines has announced the suspension of its proposed plan to spin off and publicly list its wholly-owned subsidiary, China Southern Air Logistics Company Limited, on the Shanghai Stock Exchange (SSE). This decision comes in response to the prevailing market environment, which the company deems unfavorable for such a move at this time.

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Amazon Receives One A330-300P2F Operated by Hawaiian Airlines

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Amazon (US) has taken delivery of one Airbus A330-300P2F, serial 1245, which will be operated by Hawaiian Airlines (US). The aircraft is powered by Trent 772B-60 engines, manufactured by Rolls-Royce, and is part of Amazon’s strategy to strengthen its air cargo fleet.

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Emirates SkyCargo and Astral Aviation Sign MoU

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Emirates SkyCargo (UAE) has partnered with Astral Aviation (Kenya) through a Memorandum of Understanding (MoU) aimed at strengthening global trade routes to and from Africa. This collaboration will focus on expanding air freight capacity, optimizing cargo connectivity, and supporting African businesses in accessing international markets.

airBaltic Completes New Baltic Cargo Hub

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airBaltic (Latvia) has announced the successful completion of the Baltic Cargo Hub, marking a significant milestone in the region’s air freight industry. The new facility is now the largest dedicated air cargo handling hub in the Baltics, designed to enhance cargo capacity, efficiency, and operational flexibility for airBaltic and its logistics partners.

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Cargojet Reports Strong 4Q and Full-Year 2024 Financial Results

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Cargojet (Canada) reported a strong financial performance for 4Q 2024, with total revenue rising 32.1% to $206.7 million and net earnings reaching $50.2 million. The company’s full-year 2024 revenue grew 14.1% to $705 million, with net earnings of $108.4 million and net cash reserves of $231.7 million.

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DHL Express Ends Partnership with SmartLynx Airlines

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DHL Express, a leading global logistics company, has terminated its partnership with SmartLynx Airlines as of February 1, 2025. This decision impacts the operations of SmartLynx Malta, a subsidiary of SmartLynx Airlines, which had been operating four aircraft for EAT Leipzig, a German cargo airline and DHL subsidiary.